Document:

Exhibit 10.20

 

November 5, 2001 

 

Jonathan Corn

15061 Paso Del Sol

Del Mar, Ca. 92014

 

Re: Employment Agreement

 

GENERAL COUNSEL EMPLOYMENT
AGREEMENT

 

TITLE AND DUTIES:

 

As General Counsel for National RV Holdings your
primary function is to identify areas of liability within the organization and
make recommendations for their resolution. Understanding that a variety of
other assignments will be given to you, you agree to always provide direction, while
never compromising the best interest of the Company.

 

COMPENSATION:

 

Refer to Offer of Employment letter for
compensation and benefits offered.

 

OUTSIDE EMPLOYMENT AN COMPETITIVE ACTIVITIES:

 

During your employment with National RV Inc.
you agree that you will not directly or indirectly, either as an employee, employer,
agent, principal, partner, stockholder, corporate officer, director or in any
other individual or representative capacity, perform services for any other
individual or business for compensation, or engage in any other business or
outside activity that would interfere with the performance of your duties as
assigned, without the written permission of your supervisor.

 

USE OF COMPANY PROPERTY:

 

I acknowledge that I will be furnished with National
RV Inc. property/equipment for my use during employment with National RV Inc.

 

I understand I will be responsible to keep
the equipment in good condition. I further understand that I am to use the
company provided property/equipment for National RV business purposes only.

 

If for any reason I terminate my employment of
National RV Inc., I will return all Company property/equipment upon the
termination of my employment in good condition or the cost will be deducted from
my final paycheck. No deductions will be made for normal wear and tear.

 

OWNERSHIP OF RECORDS

 

In the course of your employment, you will
have access to confidential records and data pertaining to the Company’s (NRV) customers
and to the relationship between these customers and the Company. Such information
is considered confidential and is disclosed to you in confidence. During your employment
by the company and for a period of one (1) year after termination of

 

1

 

that employment, you agree that you will not directly or indirectly
disclose or use any such information except as required in the course of your employment
with the Company. In addition, you agree that for a period of one (1) year
after the termination of your employment with the Company, you will not induce
or attempt to induce any employee of the Company to discontinue representing the
Company for the purpose of representing any competitor of the Company.

 

You agree that all records relating in any manner
to the Company’s customers, whether prepared by you or otherwise, is exclusive property
of the Company and shall be immediately returned to the Company upon termination
of employment.

 

ADHERENCE TO COMPANY RULES:

 

You agree that you will strictly adhere to
all the rules and regulations now in effect, or which may later be
implemented or modified.

 

ARBITRATION AGREEMENT:

 

By accepting this employment offer and entering
into this employment agreement, you and the Company agree that any legal or equitable
claims or disputes arising out of or in connection with the employment will be
settled by binding arbitration. This agreement applies to the following allegations,
disputes and claims for relief, but is not limited to those listed: wrongful discharge
under statutory law and common law; employment discrimination based on federal,
state or local statute, ordinance or governmental regulations; (including to
alleged discrimination on the basis of race, color, religion, sex, sexual
orientation, pregnancy, age, disability, national origin, marital status, ancestry,
medical condition and/or veteran status), retaliatory discharge or other
action; compensation disputes; tortious conduct; contractual violations (although
no contractual relationship, other than at-will employment and this agreement to
abrbitrate, is hereby created); ERISA violations; and other statutory and
common law claims and disputes, regardless of whether the statute was enacted
or whether the common law doctrine was recognized at the time this agreement
was signed.

 

The arbitration proceedings shall be
conducted in Riverside, California in accordance with the arbitration provision
set out in California Code of Civil Procedure section 1280, et seg. In
effect at the time a demand for arbitration is made. You are entitled to representation
by an attorney throughout the proceedings at your own expense.

 

The employer shall pay all costs associated
with the Arbitration including the Arbitrator’s fee and costs associated with the
facilities for the Arbitration, other than attorney’s fees and costs discussed previously.
The Employer is solely responsible for these costs, whether it wins or loses
and the Arbitrator shall not apportion these costs.

 

One Arbitrator shall be used and shall be
chosen by mutual agreement of the parties from the list of arbitrators supplied
by the Judicial Arbitration and Mediation Services (JAMS). If within thirty
days after the employee notifies the employer of an arbitrable dispute, no
arbitrator has been chosen, an arbitrator shall be chosen in accordance with
the provisions of Code of Civil Procedure section 1281.6. The arbitrator shall
coordinate and limit as appropriate all prearbitral discovery, which shall
include document production, information requests and depositions. The arbitrator
shall issue a written decision and award, stating the reasons therefor. The
decision and award shall be exclusive, final and binding on both parties, their
heirs, executors, administrators,

 

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successors and assigns. The costs and expenses of the arbitration shall
be borne evenly by the parties.

 

You understand that by signing this agreement,
you and the Company are agreeing to substitute one legitimate dispute
resolution forum (arbitration) for another (litigation) and thereby are waiving
the right to have these disputes resolved in court. This substitution involves
no surrender of any substantive statutory or common law benefit, protection or
defense.

 

The parties agree that this is not intended
to add to, create, or imply any contractual or other right of employment. The
parties’ employment relationship is at-will and no other inference is to be
drawn from this agreement.

 

TERMS AND TERMINATION:

 

Your employment is Employment At-Will. You
have the right to terminate your employment at any time, with or without cause
or reason and with or without notice. We also have the right to terminate your
employment at any time with or without cause or reason or with or without notice.
No other person other than the president may change this at-will employment relationship
and such a change must be made in writing.

 

We retain the right to reassign you to a different
position, which may include changes commensurate to the position, with or
without notice and change your job duties to meet our business needs.

 

This offer is contingent on the completion of
reference checks and verifications of employment information. In this regard, we
required that the references are generally positive in content and character
and verifications accurate.

 

ENTIRE AGREEMENT:

 

This agreement supersedes all other agreements,
oral or written, between you and the Company. This offer is the entire offer to
you. There are no other express or implied promises, representations or
contracts being offered to you.

 

ACCEPTANCE:

 

Please initial all pages reviewed and
sign / date the last page in the space provided below and return it in the
self-addressed envelope provided.

 

I acknowledge that I have read, understand and agree with these terms
as stated.

 

	
  Johathan Corn

  	
   

  	
   

  
	
  Print Name

  	
   

  
	
   

  	
   

  
	
  /S/ Jonathan Corn

  	
   

  	
  11/14/01

  	
   

  
	
  Signature

  	
  Date

  
					

 

3Exhibit 10.21

 

EMPLOYMENT AGREEMENT

 

This Employment At-Will agreement, by and
between National RV Holdings, Inc. (National RV) and Thomas Martini (Employee),
entered into this 11 day of May, 2005, by which the parties agree as follows:

 

RECITALS

 

1                                          National
RV is a California corporation that is engaged in the business of Manufacturing
Recreational Vehicles. National RV is located in Perris, California and
Lakeland, Florida.

 

2                                          National
RV desires to employ Employee as its Chief Financial Officer upon the terms and
conditions hereinafter set forth and Employee desires to accept such employment
upon the terms set forth herein.

 

EMPLOYMENT COMPENSATION, TERMS
AND BENEFITS

 

Therefore, in consideration of the mutual
promises contained herein, the parties hereby agree as follows:

 

I.                                         Employee’s
compensation agreement with National RV will be effective at the start of
promotion, which is 5-11-05. II. Employee will perform such duties as may be assigned
orally or in writing by the Chief Executive Officer. While performing the
duties assigned, Employee shall:

 

A.                                   faithfully
serve National RV to the best of power, skills and ability;

 

B.                                     perform
duties and obligations as set forth in this Agreement in accordance with the
highest standards;

 

C.                                     at
all times behave and conduct in such a manner as will enhance National RV’s
reputation, and;

 

D.                                    at
all times provide National RV with all information required by National RV in
connection with its business.

 

E.                                      not,
directly or indirectly, either as an employee, employer, consultant, agent,
principal, partner, stockholder, corporate officer, director, or in any other individual
or representative capacity, perform services for any other individual or business
for compensation, or engage in any other business or outside activity that would
interfere with the performance of his duties as described above without the
written permission of National RV.

 

III.                                 Employee
compensation is as follows:

 

A.                                   Employee
will be afforded a weekly salary of (salary exempt status) $3,846.16 (three thousand
eight hundred forty six and sixteen) for a total of $200,000 (two hundred
thousand dollars) annually. Employee will also be afforded participation in
National RV’s quarter profit based incentive plan as per Company incentive
guidelines.

 

B.                                     Employee
will be entitled to participate in the Company stock option plan in accordance
with National RV’s stock option policy.

 

Should Employee’s employment terminate prior
to the end of pay period then the weekly amount will be pro-rated according to
the day of termination.

 

IV.                                 Terms
of Employment:

 

A.                                   Employee
specifically agrees and understands that employment with National RV is
Employment At-Will. Employee has the right to terminate

 

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their employment with National RV at any
time, for any reason or no reason, with or without prior notice and further,
that National RV has the same right to terminate Employee’s employment at any
time, for any reason or no reason, with or without prior notice. No other
person other than the president may change this At-Will employment relationship
and such a change must be made in writing.

 

B.                                     Since
no contractual agreement exists, if Employee’s employment is terminated for any
reason or At-Will of Employer, Employee’s salary will cease on the date of
termination.

 

V.                                     Benefits:

 

C.                                     In
addition to the compensation described above, Employee will be eligible to
receive benefits as they may be made available at the exclusive discretion of
National RV’s President. Such benefits may include, but are not limited to, life,
health, dental, vision insurance and retirement plans. National RV is not obligated
to provide or continue any of these benefits and may, without any prior notice,
discontinue any benefit already provided or as may be provided in the future, within
the exclusive discretion of National RV except as specifically itemized
elsewhere in this agreement.

 

D.                                    In
addition to the foregoing salary, Employee is entitled to vacation as per
vacation guidelines. Employee will be eligible for 3 weeks of accrued vacation annually.
The duration of time off to be determined to be reasonable is the sole discretion
of Company. As Employee’s position is one of leadership, Employee is expected to
exercise reasonable judgment in their requests for time off considering the best
interests of the Corporation.

 

E.                                      National
will provide machines, equipment and accessories of its choosing for Employee’s
business use. The equipment, machines and accessories remain the property of
National RV.

 

D.                                    Employee
will be eligible to enroll in the National RV 401K plan after 1 year of service &
will be eligible to participate in employer’s designated match after 2 years of
service, however, since restrictions apply based on 401K participation, Employee’s
contributions may be limited. It is strongly recommended that Employee consult a
tax professional prior to enrolling into National RV’s 401K plan.

 

C.                                     Employee
will be eligible to participate in the Blue Cross Health HMO benefits package at
a cost of the standard single rate. Weekly contribution may vary should modifications,
changes or additions to the health benefit plan be made or in the event that National
RV’s rate increases. Employee will be eligible for National RV’s health insurance
program effective on the first day of the month following the hire date.

 

Vl.                                  Additional
Terms:

 

A.                                   As
a term and condition of employment Employee will be required to sign the
following documents prior to the beginning of his employment: Employment
agreement, proprietary information agreement, employment application, arbitration
agreement, employment agreement, reference/background authorization forms and acknowledgement
of receipt of company handbook. In addition this offer is contingent upon Employee
successfully passing a substance test and background / reference check.

 

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B.                                     Confidential
Information: Employee recognizes and acknowledges that they will have access to
certain information regarding National RV and that such information is confidential
and constitutes valuable, special and unique property of National RV. The
parties agree that National RV has a legitimate interest in protecting the Confidential
Information, as defined below. The parties agree that National RV is entitled to
protection of its interests in the Confidential Information. Employee shall not
at any time, either during or subsequent to the term of this Agreement, disclose
to others, use, copy or permit to be copied, except in pursuance of his duties
for and on behalf of National RV, it successors, assigns or nominees, any Confidential
Information of National RV (regardless of whether developed by Employee) without
the prior written consent of National RV. Employee acknowledges that the use or
disclosure of the Confidential Information to anyone or any third party could cause
monetary loss and damages to National RV. The parties further agree that in the
event of a violation of this covenant against non-use and non-disclosure of
Confidential Information, that National RV shall be entitled to a recovery of
damages from Employee and/or an injunction against Employee for the breach or violation
or continued breach or violation of this covenant.

 

C.                                     The
term “Confidential Information” with respect to any person means any secret or
confidential information or know-how and shall include, but shall not be limited
to, the plans, financial and operating information, customers, customer lists, supplier
arrangements, contracts, costs, prices, uses, and servicing, sales, marketing
or manufacturing methods and techniques at any time used, developed, investigated,
made or sold by such person, or developed by Employee, before or during the
term of this Agreement. Employee shall maintain in confidence any Confidential Information
of third parties received as a result of his employment with National RV in accordance
with National RV’s obligations to such third parties and the policies established
by National RV. Confidential information does not include: (a) Confidential
information which Employee can demonstrate was rightfully in his possession prior
to the date of its disclosure by National RV to Employee; (b) Confidential
information which, at the time of disclosure or later, is published or becomes otherwise
available to the general public as part of the public domain through no act or
failure to act on the party receiving the disclosure; (c) Confidential information
which Employee can demonstrate came into Employee’s possession from a third
party who had a bona fide right to make such information available; (d) Confidential
information which is disclosed by Employee to a third party in accordance with
direction or approval from National RV, or; (e) Confidential information which
Employee is obligated to produce under an order of a court of competent
jurisdiction, provided that Employee shall provide National RV with such notice
of any order.

 

D.                                    Delivery
of Documents Upon Termination: Employee shall deliver to National RV or its
designee at the termination of his employment all correspondence, memoranda,
notes, records, drawings, sketches, plans, customer lists, product compositions,
and other documents and all copies thereof, computers and electronic data, made,
composed or received by Employee, solely or jointly with others, that are in Employee’s
possession, custody, or control at termination and that are related in any
manner to the past, present, or anticipated business or any member of National
RV. In this regard, Employee hereby grants and conveys to National RV all right,
title and interest in and to,

 

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including without limitation, the right to
possess, print, copy, and sell or otherwise dispose of, any reports, records,
papers, summaries, photographs, drawings or other documents, and writings, and
copies, abstracts or summaries thereof, that may be prepared by Employee or under
his direction or that may come into his possession in any way during the term
of his employment with National RV that relate in any manner to the past, present
or anticipated business of National RV. National RV shall retain all such
documents delivered by Employee for a period of three years from and after the
date of termination of this agreement.

 

D.                                    Agreement
Not to Solicit Employees. Employee further covenants and agrees that during Employee’s
employment by National RV and for a period of twelve (12) months after termination
of Employee’s employment for any reason whatsoever, whether at the instance of Employee
or National RV, Employee will not, without the prior written consent of National
RV signed by the President, directly or indirectly, on Employee’s behalf or on
behalf of others, solicit, entice, persuade or induce, or attempt to solicit,
entice, persuade or induce any person who is employed by National RV, to
terminate his or her employment or contractual arrangement with National RV, or
to become employed or engaged by any person, firm or entity other than National
RV.

 

E.                                      Notice:
Any notice to National RV required or permitted under this Agreement shall be
given in writing to National RV, either by personal service or by registered or
certified mail, postage prepaid, addressed to National RV at its then principal
place of business, or National RV, 3411 N. Perris Blvd., Perris, California
92571. Any such notice to Employee shall be given in a like manner and, if
mailed, shall be addressed to Employee at his home address then shown in
National RV’s files. For the purpose of determining compliance with any time
limit in this Agreement, a notice shall be deemed to have been duly given (a) on
the date of service, if served personally on the party to whom notice is to be given,
or (b) on the second business day after mailing, if mailed to the party to
whom the notice is to be given in the manner provided in this section.

 

F.                                      Both
parties participated in the drafting of this agreement. Therefore, the normal rule that
ambiguities are construed against the drafter shall not apply to this
agreement.

 

G.                                     Counterparts:
This Agreement may be executed in two (2) counterparts, each of which
shall be deemed an original and which together shall constitute one and the
same Agreement.

 

H.                                    Choice
of Law: This Agreement is entered into in the County of Riverside, State of
California, and shall be governed by the laws of the State of California.

 

I.                                         Arbitration:
Employee and National RV agree that any legal or equitable claims or disputes
arising out of or in connection with the employment will be settled by binding arbitration.
This agreement applies to the following allegations, disputes and claims for
relief, but is not limited to those listed: wrongful discharge under statutory law
and common law; employment discrimination based on federal, state or local
statute, ordinance, or governmental regulations; retaliatory discharge or other
action; compensation disputes; tortuous conduct; contractual violations; ERISA violations;
and other statutory and

 

4

 

common law claims and disputes, regardless of
whether the statute was enacted or whether-the-common law doctrine was
recognized at the time this Agreement was signed. The arbitration proceedings shall
be conducted in California in accordance with the arbitration provisions set
out in California Code of Civil Procedure. Employee and National RV shall each
be entitled to representation by attorneys throughout the proceedings at their
own expense. One arbitrator shall be used and shall be chosen by mutual agreement
of the parties from a list of arbitrators supplied by the Judicial Arbitration and
Mediation Services (“JAMS”). If, within thirty days after an arbitrable dispute
has been identified by either party and no arbitrator has been chosen, an arbitrator
shall be chosen in accordance with the provisions of Code of Civil Procedure. The
provisions of Code of Civil Procedure and/or its successor sections are incorporated
in and made a part of this Agreement. Depositions may be taken and discovery
may be obtained in any arbitration under this Agreement in accordance with that
section. The arbitrator shall issue a written decision and award, which shall
be exclusive, final, and binding on both parties, their heirs, executors,
administrators, successors, and assigns. National RV shall pay all costs associated
with the Arbitration including Arbitration fee and costs associated with the facilities
for the Arbitration, other than attorney’s fees and costs discussed previously.
National RV is solely responsible for these costs, whether it wins or loses and
the Arbitrator shall not apportion these costs. Employee specifically understands
and agrees that by signing this agreement, Employee and National RV are agreeing
to substitute one legitimate dispute resolution forum (arbitration) for another
(litigation), and thereby are waiving the right to have these disputes resolved
in court. This substitution involves no surrender of any substantive statutory
or common law benefit, protection or defense. Notwithstanding the above, National
RV shall have the right to apply for and obtain a temporary restraining order
or other temporary and/or permanent injunction or equitable relief from a court
of competent jurisdiction to enforce the provisions of this Agreement. Employee
shall be allowed to file affirmative defenses and counterclaims arising from or
related to this Agreement in any proceeding initiated by National RV.

 

VII.                             Miscellaneous:

 

A.                                   The
section headings contained in this Agreement are for convenience only and
shall in no manner be construed as part of this Agreement.

 

B.                                     If
any provision of this Agreement is held invalid or unenforceable, the remainder
of this Agreement shall nevertheless remain in full force and effect. If any provision
is held invalid or unenforceable with respect to particular circumstances, it
shall nevertheless remain in full force and effect in all other circumstances.

 

C.                                     Modification:
This Agreement supersedes any and all prior oral and written understandings, if
any, between the parties relating to the subject matter of this Agreement. The parties
agree that this Agreement sets forth the entire understanding and agreement between
the parties and is the complete and exclusive statement of the terms and conditions
thereof, that there are no other written or oral agreements in regard to the
subject matter of this Agreement. This Agreement shall not be changed or modified
except by a written document signed by the parties hereto.

 

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D.                                    This
offer is void if not signed and received after 7 days from date of this offer.

 

IN WITNESS WHEREOF, the parties have hereunto
set their hands as of the date written above.

 

	
  Dated:  5/23/2005

  	
  National RV Inc.

  
	
   

  	
  By:

  	
  /S/ Jeffrey Goodrick

  	
   

  
	
   

  	
   

  	
  Jeffrey Goodrick

  
	
   

  	
   

  	
  Director, Human Resources

  
	
   

  	
   

  
	
  Dated:  5/23/2005

  	
  Employee,

  
	
   

  	
  By:

  	
  /S/ Thomas J. Martini

  	
   

  
	
   

  	
   

  	
  Thomas J. Martini

  
						

 

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