Document:

Exhibit

10.1

 

MEMORANDUM

OF EXTENSION

 

                THIS

MEMORANDUM made and executed by the City of Garnett, Kansas, a municipal

corporation organized and existing under the laws of Kansas, and East Kansas

Agri-Energy, LLC.

 

                FOR

VALUABLE CONSIDERATION, the parties agree that the certain Option to Purchase

Real Estate entered by them, dated May 14, 2002, having been previously

extended from December 1, 2002, its stated expiration date, for six months to

June 1, 2003, is hereby extended for a period of an additional twelve months,

to June 1, 2004.

 

                The

parties further agree:

 

                (a)           The site anticipated in Lot Two (2)

to be required for Purchaser to locate a pumping and storage basin for raw

water is no longer needed for such purpose, due to re-orientation of the plant

on the main site; but Purchaser now anticipates needing approximately 3.23

acres in, and being more or less the south 217 feet of, Lot One (1) of the

Golden Prairie Industrial Park to deal with storm water at said site.  The parties agree that the said Option shall

be amended to substitute the said area in Lot One (1) for the area previously

described as being in Lot Two (2).

 

                (b)           The parties further agree that all

other terms and conditions of the said option agreement are hereby ratified and

confirmed.

 

                IN

WITNESS WHEREOF, the parties have inscribed their names, the date and year set

out in the respective acknowledgements.

 

 

	

  CITY OF GARNETT, KANSAS

  	

   

  	

  EAST KANSAS AGRI-ENERGY,

  LLC

  
	

   

  	

   

  	

   

  	

   

  	

   

  
	

   

  	

   

  	

   

  	

   

  	

   

  
	

  By

  	

  /s/ R.G. Doran

  	

   

  	

  By

  	

  /s/ William R. Pracht

  
	

   

  	

  R.G. Doran, City Manager

  	

   

  	

   

  	

  President

  
	

   

  	

  Seller

  	

   

  	

   

  	

  Buyer

  

 

 

	

  STATE OF KANSAS

  	

  )

  	

   

  
	

   

  	

  )

  	

  ss:

  
	

  ANDERSON COUNTY

  	

  )

  	

   

  

 

                SUBSCRIBED and ACKNOWLEDGED

before me on this 14 day of May, 2003, by R.G. Doran, City Manager of the City

of Garnett, Kansas.

 

 

	

   

  	

   

  	

   

  	

   

  	

   

  	

   

  	

   

  	

   

  	

  Nancy Hermreck

  
	

   

  	

   

  	

   

  	

   

  	

   

  	

   

  	

   

  	

  Notary Public

  

 

 

 

 

My appointment expires

 

                8/27/04   

 

 

 

	

  STATE OF KANSAS

  	

  )

  	

   

  
	

   

  	

  )

  	

  ss:

  
	

  ANDERSON COUNTY

  	

  )

  	

   

  

 

 

SUBSCRIBED and ACKNOWLEDGED

before me on this 14 day of May, 2003, by        William R. Pracht   ,

president of East Kansas Agri-Energy, LLC.

 

 

	

   

  	

   

  	

   

  	

   

  	

   

  	

   

  	

   

  	

   

  	

   

  	

  Christina L. Rockers

  
	

   

  	

   

  	

   

  	

   

  	

   

  	

   

  	

   

  	

   

  	

   

  	

  Notary Public

  	

   

  	

   

  	

   

  
	

   

  	

   

  	

   

  	

   

  	

   

  	

   

  	

   

  	

   

  	

   

  	

   

  	

   

  	

   

  	

   

  	

   

  
														

 

My appointment expires

 

                02/17/05EXHIBIT
10.30

 

AMENDED
AND RESTATED EMPLOYMENT AGREEMENT

 

This AMENDED AND RESTATED
EMPLOYMENT AGREEMENT (“Agreement”) dated September —, 2002 and effective as of
March 1, 2002 (“Effective Date”) is entered into by and between Ruthann S.
Yamanaka (the “Employee”)
and Hawaiian Airlines, Inc., a Hawaii corporation (the “Company”).

 

The Company and the Employee desire to amend and
restate that Employment Agreement dated as of March 1, 1998 between the
Employee and the Company (as amended, the “Original Agreement”) to establish
the Company’s right to services of the Employee, in the capacity described
below, on the terms and conditions and subject to the rights of termination
hereinafter set forth, and the Employee is willing to continue such employment
on such terms and conditions.

 

In consideration of the mutual agreements hereinafter
set forth, the Employee and the Company have agreed and do hereby agree as
follows:

 

1.                                       EMPLOYMENT
AS SENIOR VICE PRESIDENT – PEOPLE SERVICES.  The Company does hereby employ and engage the Employee as Senior
Vice President – People Services and the Employee does hereby accept and agree
to such engagement and employment. The Employee’s duties during the Employment
Period (defined below) shall be the executive, managerial and reporting duties
as are appropriate for a Senior Vice President—People Services and such other
duties as the Board of Directors of the Company and the Chief Executive Officer
of the Company shall from time to time prescribe and as provided in the Bylaws
of the Company. The Employee shall report to the Chief Executive Officer of the
Company.  The Employee shall devote full
time, energy and skill to the performance of Employee’s duties for the Company
and for the benefit of the Company, reasonable vacations authorized by the
Chief Executive Officer and reasonable absences because of illness
excepted.  Furthermore, the Employee
shall exercise due diligence and care in the performance of Employee’s duties
to the Company under this Agreement.

 

2.                                       TERM
OF AGREEMENT.  The term of this
Agreement (“Term”) shall commence on the Effective Date and shall continue for
a period of eighteen (18) months; provided, however, that on the first day of
each calendar month commencing one month following the Effective Date, the Term
shall be extended one additional month unless either party shall have given
written notice to the other party that it does not wish to extend the
Term.  The period of time commencing on
the Effective Date and ending on the expiration date of the Term, or, if earlier,
the date of termination of the Employee’s employment (“Termination Date”) under
this or any successor agreement shall be referred to as the “Employment
Period.”

 

3.                                       COMPENSATION.

 

(a)                                  BASE
SALARY.  The Company shall pay the
Employee, and the Employee agrees to accept from the Company, in full payment
of Employee’s services to the Company, a base salary at the rate of ONE HUNDRED
EIGHTY THOUSAND AND NO/100THS DOLLARS ($180,000.00) per year (“Base Salary”),
payable in equal bimonthly installments or at such other time or times as the
Employee and the Company shall agree. 
The Employee’s Base Salary shall be reviewed at least annually by the
Company and may be increased as determined by the Company’s Compensation
Committee and/or the Board of Directors, or as delegated by them, in their sole
and absolute discretion.

 

 

Amended and Restated Employment Agreement

Ruthann S. Yamanaka

 

(b)                                 PERFORMANCE
BONUS – BOARD OF DIRECTORS DISCRETION. 
The Employee shall be eligible to receive an annual performance bonus.  Any such bonus awarded to the Employee shall
be payable in the amount, in the manner, and at the time determined by the
Company’s Compensation Committee and/or the Board of Directors, in their sole
and absolute discretion.

 

(c)                                  CHANGE
OF CONTROL BEFORE JUNE 30, 2003. 
Upon the consummation of a change of control in ownership of the Company
prior to June 30, 2003, this Agreement, and as appropriate that Employee
Incentive Stock Option Agreement Pursuant to the 1996 Stock Incentive Plan, As
Amended [1998 Grant] (the “1998 Grant”) and that Employee Incentive Stock
Option Agreement Pursuant to the 1996 Stock Incentive Plan, As Amended [2000
Grant] (the “2000 Grant”), shall be immediately amended to provide that all
options granted to Employee pursuant to the 1998 Grant and the 2000 Grant shall
immediately vest and further that the exercise price per share of all options
granted to Employee pursuant to the 1998 Grant shall be reset at $2.625 per
share.

 

4.                                       FRINGE
BENEFITS.  The Employee shall be
entitled to participate in any benefit programs adopted from time to time by
the Company for the benefit of its executive employees, and the Employee shall
be entitled to receive such other fringe benefits as may be granted to Employee
from time to time by the Company’s Compensation Committee and/or the Board of
Directors.

 

(a)                                  BENEFIT
PLANS.  The Employee shall be
entitled to participate in any benefit plans relating to stock options, stock
purchases, pension, thrift, profit sharing, life and disability insurance, medical
coverage, executive medical and dental coverage, education, or other retirement
or employee benefits available to all other executive employees of the Company,
subject to any restrictions specified in such plans.

 

(b)                                 TRAVEL
BENEFITS.  Employee and Employee’s
spouse shall be entitled to travel benefits on Company flights (but not charter
flights) at the PS2F/PS2Y category. Employee’s eligible dependents shall be
entitled to travel benefits on Company flights (but not charter flights) at the
PS2F/PS2Y category when traveling with Employee and/or Employee’s spouse; when
not traveling with Employee and/or Employee’s spouse, eligible dependents shall
be entitled to travel benefits on Company flights (but not charter flights) at
the SA1F/PS8Y category.  Employee and
Employee’s eligible dependents shall be entitled to travel benefits on other
airlines at the sole discretion of such airlines, at a comparable level to that
provided to other Company executive officers.

 

(c)                                  EXECUTIVE
LONG-TERM DISABILITY INSURANCE PLAN. 
Subject to the applicable waiting periods, the Employee will be included
in the Company’s Executive Long-Term Disability Insurance Plan, as it may be
modified from time to time, at the Company’s expense.

 

(d)                                 BUSINESS
EXPENSES.  The Company shall reimburse
the Employee for any and all necessary, customary, and usual expenses, properly
receipted in accordance with Company policies, incurred by the Employee on
behalf of the Company.

 

2

 

(e)                                  CLUB
DUES:  The Company shall pay all
dues and similar charges (other than initiation fees) for two clubs in Hawaii.

 

(f)                                    AUTOMOBILE.   The Company shall provide Employee with an
automobile allowance of $800.00 per month, which amount shall be added to
Employee’s W-2 compensation at year-end.

 

5.                                       CONFIDENTIAL
INFORMATION.  Employee recognizes
that by reason of Employee’s employment by and service to the Company, Employee
will occupy a position of trust with respect to business and technical
information of a secret or confidential nature which is the property of the
Company which will be imparted to Employee from time to time in the course of
the performance of Employee’s duties hereunder (the “Confidential
Information”).  Employee acknowledges
that such information is a valuable and unique asset of the Company and agrees
that Employee shall not, during or after the Term of this Agreement, use or
disclose directly or indirectly any Confidential Information of the Company to
any person, except that Employee may use and disclose to authorized personnel
of the Company such Confidential Information as is reasonably appropriate in
the course of the performance of Employee’s duties hereunder.  Confidential Information of the Company shall
include all information and knowledge of any nature and in any form relating to
the Company including but not limited to, business plans; development projects;
computer software and related documentation and materials; designs, practices,
processes, methods, know-how and other facts relating to the business of the
Company; advertising, promotions, financial matters, sales and profit figures,
customers or customer lists. 
Confidential Information shall not include any information that is or
shall become publicly known through no fault of the Employee and any
information received in good faith from a third party who has the right to
disclose such information and who has not received such information, either
directly or indirectly, from the Company.

 

6.                                       TERMINATION
OF EMPLOYEE’S EMPLOYMENT.

 

(a)                                  DEATH.  If the Employee dies while employed by the
Company, Employee’s employment shall immediately terminate.  The Company’s obligation to pay the
Employee’s Base Salary shall cease as of the date of the Employee’s death.  Thereafter, the Employee’s beneficiaries or
estate shall receive benefits in accordance with the Company’s retirement,
insurance, and other applicable programs and plans then in effect.

 

(b)                                 DISABILITY.  If, as a result of the Employee’s mental or
physical incapacity, the Employee shall be unable to perform the services for
the Company contemplated by this Agreement in the manner in which Employee
previously performed them during an aggregate one hundred twenty (120) business
days in any consecutive seven (7) month period (“Disability”), the Employee’s
employment may be terminated by the Company for Disability.  During any period prior to such termination
during which the Employee is absent from the full-time performance of
Employee’s duties with the Company due to Disability, the Company shall
continue to pay the Employee the Base Salary at the rate in effect at the
commencement of such period of Disability. 
Any such payments made to the Employee shall be reduced by amounts
received from disability insurance obtained or provided by the Company, and by
the amounts of any benefits payable to the Employee, with respect to such
period, under the Company’s Executive Long-Term Disability Plan.  Subsequent to the termination provided for
in this Section 6(b), the Employee’s benefits shall be determined under the
Company’s retirement

 

3

 

insurance, and other compensation programs then in effect in accordance
with the terms of such programs.

 

(c)                                  TERMINATION
BY THE COMPANY FOR CAUSE.  The
Company may terminate the Employee’s employment under this Agreement for
“Cause” at any time prior to expiration of the Term of the Agreement, only upon
the occurrence of any one or more of the following events:

 

(i)                                     The
material breach of this Agreement by the Employee, including without
limitation, repeated willful neglect of the Employee’s duties, the Employee’s
material lack of diligence and attention in performing services as provided in
this Agreement, or the Employee’s repeated willful failure to implement or adhere
to policies established by, or directives of, the Company’s Board of Directors.

 

(ii)                                  Conduct
of a criminal nature that may have an adverse impact on the Company’s
reputation and standing in the community; or

 

(iii)                               Fraudulent
conduct in connection with the business affairs of the Company, regardless of
whether said conduct is designed to defraud the Company or others.

 

In the event of
termination for Cause, the Company’s obligation to pay the Employee’s Base
Salary shall cease as of the Termination Date. 
If the Employee’s employment is terminated for Cause, the Employee’s
employment may be terminated immediately without any advance written notice.

 

(d)                                 TERMINATION
BY THE COMPANY WITHOUT CAUSE.  The
Company shall have the right to terminate this Agreement prior to the
expiration of the Term, at any time, without “Cause.”  In the event the Company shall so elect to terminate this
Agreement, the Employee shall receive compensation pursuant to the provisions
of Section 8 hereof.

 

7.                                       COMPENSATION
UPON TERMINATION BY THE COMPANY OTHER THAN FOR CAUSE.  If the Employee’s employment shall be
terminated by act of the Company other than for Cause, the Employee shall be
entitled to the following benefits:

 

(a)                                  PAYMENT
OF UNPAID BASE SALARY.  The Company
will immediately pay the Employee any portion of the Employee’s Base Salary not
paid prior to the Termination Date.

 

(b)                                 CONTINUED
PAYMENT OF BASE SALARY.  For the
eighteen (18) month period subsequent to the Termination Date, the Company
shall pay to the Employee, on a bimonthly basis an amount equal to all Base
Salary that would have been payable to the Employee pursuant to this Agreement
had the Employee continued to be employed for the eighteen (18) months
immediately following the Termination Date (such Base Salary for such period
being equal to the Employee’s Base Salary in effect as of the Termination
Date).

 

(c)                                  CONTINUATION
OF FRINGE BENEFITS.  The Company
shall continue to provide the Employee with all Fringe Benefits set forth in
Section 4 throughout the remaining eighteen (18) month period subsequent to the
Termination Date, as if the Employee’s

 

4

 

employment under the Agreement had not been terminated.  Such Fringe Benefits to be provided to
Employee during this period will be those plans offered during such period to
other employees, provided that long term disability insurance will not be so
provided after termination because the carrier limites provision of such to
employees.  If required by law or
otherwise allowed by the relevant carrier, Employee will be afforded the
opportunity to continue such benefits at Employee’s own cost after the
termination thereof

 

8.                                       NONCOMPETITION
PROVISIONS.

 

(a)                                  NONCOMPETITION.  During the Term of this Agreement and for a
period of eighteen (18) months commencing on the Termination Date, Employee
agrees and covenants that Employee shall not, directly or indirectly, undertake
to become an employee, officer, partner, consultant or otherwise be connected
with any entity for which, at such time, (i) in excess of 5% of its business
is, or (ii) in which Employee’s specific duties and responsibilities are, in
direct competition with the Company either within Hawaii or on routes to and
from Hawaii serviced by the Company. 
Employee acknowledges and agrees that any breach of this non-competition
provision shall entitle Employer to immediately terminate payments pursuant to
Section 7 of this Agreement.

 

(b)                                 NONDISPARAGEMENT.  During the Term of this Agreement and for a
period of eighteen (18) months commencing on the Termination Date, Employee
agrees that Employee shall not make any statements that disparage or tend to
disparage the Company or its products, services, officers, employees, advisers
or other business contacts.   Employee
acknowledges and agrees that any breach of this non-disparagement provision
shall entitle Employer to immediately terminate payments pursuant to Section 7
of this Agreement.

 

(c)                                  RIGHT
TO COMPANY MATERIALS.  The Employee
agrees that all styles, designs, lists, materials, books, files, reports
correspondence, records, and other documents (“Company Materials”) used,
prepared, or made available to the Employee, shall be and shall remain the
property of the Company.  Upon the
termination of employment or the expiration of this Agreement, all Company
Materials shall be returned immediately to the Company, and the Employee shall
not make or retain any copies thereof.

 

(d)                                 ANTI-SOLICITATION.  The Employee promises and agrees that during
the term of this Agreement and for a period of eighteen (18) months commencing
on the Termination Date, Employee will not influence or attempt to influence
customers or suppliers of the Company or any of its present or future
subsidiaries or affiliates, either directly or indirectly, to divert their
business to any individual, partnership, firm, corporation or other entity then
in competition with the business of the Company or any subsidiary or affiliate
of the Company.

 

(e)                                  SOLICITING
EMPLOYEES.  During the term of this
Agreement and for the eighteen (18) month period commencing on the Termination
Date, the Employee promises and agrees that Employee will not directly or
indirectly solicit any of the Company’s employees to work for any business,
individual, partnership, firm, corporation, or other entity then in competition
with the business of the Company or any subsidiary or affiliate of the Company.

 

5

 

9.                                       NOTICES.  All notices, requests, demands and other
communications hereunder shall be in writing and shall be effective upon
receipt. All notices shall be given or served personally or sent by facsimile
or first class mail, postage prepaid, addressed as follows:

 

	
  If to the Company:

  	
   

  	
  Hawaiian Airlines, Inc.

  
	
   

  	
   

  	
  Attn:  General Counsel

  
	
   

  	
   

  	
  3375 Koapaka Street,
  Suite G-350

  
	
   

  	
   

  	
  Honolulu, Hawaii  96819

  
	
   

  	
   

  	
  Phone:

  	
  808/835-3610

  
	
   

  	
   

  	
  Fax:

  	
  808/835-3690

  
	
   

  	
   

  	
   

  
	
  If to the Employee:

  	
   

  	
  Ruthann S. Yamanaka

  
	
   

  	
   

  	
  3473A Akaka Place

  
	
   

  	
   

  	
  Honolulu, Hawaii  96822

  
	
   

  	
   

  	
  Phone:

  	
  808/988-2424

  

 

or to such other address which the party receiving the notice has
notified the party giving the notice in the manner aforesaid.

 

10.                                 ATTORNEYS’
FEES.  In the event judicial or
quasi-judicial determination is necessary of any dispute arising as to the
parties’ rights and obligations hereunder, the Company and the Employee shall
bear their respective attorneys’ fees and costs associated with such dispute.

 

11.                                 TERMINATION
OF PRIOR AGREEMENTS.  This Agreement
terminates and supersedes any and all prior agreements and understandings
between the parties with respect to employment or with respect to the
compensation of the Employee by the Company from and after the Effective Date.

 

12.                                 ASSIGNMENT;
SUCCESSORS.  This Agreement is
personal in its nature and neither of the parties hereto shall, without the
consent of the other, assign or transfer this Agreement or any rights or
obligations hereunder; provided that, in the event of the merger,
consolidation, transfer, or sale of all or substantially all of the assets of
the Company with or to any other individual or entity, this Agreement shall,
subject to the provisions hereof, be binding upon, and inure to the benefit of
such successor and such successor shall discharge and perform all the promises,
covenants, duties, and obligations of the Company hereunder.

 

13.                                 GOVERNING
LAW.  This Agreement and the legal
relations thus created between the parties hereto shall be governed by and
construed under and in accordance with the laws of the State of Hawaii.

 

14.                                 ENTIRE
AGREEMENT;  HEADINGS.   This Agreement embodies the entire
agreement of the parties respecting the matters within its scope and may be
modified only in writing.   Section
headings in this Agreement are included herein for convenience of reference
only and shall not constitute a part of this Agreement for any other purpose.

 

15.                                 WAIVER:  MODIFICATION.  Failure to insist upon strict compliance with any of the terms,
covenants, or conditions hereof shall not be deemed a waiver of such term,

 

6

 

covenant, or condition, nor shall any waiver or relinquishment of, or
failure to insist upon strict compliance with, any right or power hereunder at
any one or more times be deemed a waiver or relinquishment of such right or
power at any other time or times.  This
Agreement shall not be modified in any respect except by a writing executed by
each party hereto.

 

16.                                 SEVERABILITY.  In the event that a court of competent
jurisdiction determines that any portion of this Agreement is in violation of
any statute or public policy, only the portions of this Agreement that violate
such statute or public policy shall be stricken.  All portions of this Agreement that do not violate any statute or
public policy shall continue in full force and effect.  Further, any court order striking any
portion of this Agreement shall modify the stricken terms as narrowly as
possible to give as much effect as possible to the intentions of the parties
under this Agreement.

 

17.                                 INDEMNIFICATION.  The Company shall indemnify and hold the
Employee harmless to the maximum extent permitted by the appropriate provisions
of the statutes of the State of Hawaii and the Restated Articles of
Incorporation of the Company, as such may be amended.

 

18.                                 COUNTERPARTS.  This Agreement may be executed in several
counterparts, each of which shall be deemed to be an original but all of which
together will constitute one and the same instrument.

 

IN WITNESS WHEREOF, the
Company has caused this Agreement to be executed by its duly authorized
officers, and the Employee has hereunto signed this Agreement, as of the date
first above written.

 

 

	
  HAWAIIAN AIRLINES, INC.

  	
  EMPLOYEE:

  
	
   

  	
   

  
	
  BY:

  	
  /s/  John W. Adams

  	
   

  	
  /s/  Ruthann S. Yamanaka

  	
   

  
	
  John W. Adams.

  	
  Ruthann S. Yamanaka

  
	
  Its
  Chairman,  Chief Executinve Officer

  And President

  	
   

  
	
   

  	
   

  
	
   

  	
   

  
	
  BY:

  	
  /s/  Lyn Flanigan Anzai

  	
   

  	
   

  
	
  Lyn Flanigan Anzai

  	
   

  
	
  Its Vice President,
  General Counsel

  and Corporate Secretary

  People Services

  	
   

  

 

7

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00052-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00052-of-00352.parquet"}]]