Document:

exv10w1

 

Exhibit 10.1

AGREEMENT

          This Agreement (this “Agreement”), effective as of January 31, 2006 is made by and between
Vought Aircraft Industries, Inc., a Delaware corporation (the “Company”), and Tom Risley (“Mr.
Risley”).

          WHEREAS, Mr. Risley has served in the position of Chairman of the Board of Directors (the
“Board”) and President and Chief Executive Officer of the Company;

          WHEREAS, Mr. Risley has indicated his desire to retire from the Company and from his position
on the Board; and

          WHEREAS, the Company and Mr. Risley mutually desire to clarify and forever resolve any and all
obligations that may exist regarding compensation payable to Mr. Risley as a result of his
employment with the Company and his service as a member of the Board.

          NOW, THEREFORE, in consideration of the covenants and undertakings contained herein, and for
other good and valuable consideration, the sufficiency of which is hereby acknowledged, the Company
and Mr. Risley hereby agree as follows:

          1. Retirement of Mr. Risley. Mr. Risley shall resign from his position as Chairman of
the Board and President and Chief Executive Officer of the Company effective as of January 31,
2006, and shall retire from his employment with the Company effective as of February 28, 2006 (the
“Effective Date”).

          2. Non-Qualified Pension Plan. The Company agrees to honor, and not to rescind, the
terms of any election properly made by Mr. Risley under the Company’s Non-Qualified Pension Plan
with respect the form of benefit payable to Mr. Risley under the terms of that plan.

          3. Outstanding Stock Options. Mr. Risley’s outstanding stock options (the “Options”)
shall continue to be governed by the terms of the Incentive Stock Option Agreements through which
such stock options were granted to Mr. Risley (the “Option Agreements”), except that such Option
Agreements shall be amended to extend the expiration date of any vested Options until December 31,
2006.

          4. COBRA. Following his termination, Mr. Risley may elect continuation of group
health benefits for himself and his eligible dependents as provided under COBRA and the rules of
the plan. Mr. Risley will be responsible for paying the entire cost of any applicable monthly
premiums and administrative costs of continuation coverage for himself and/or his dependents as
provided by the applicable plan rules. Within ten (10) days after the Effective Date, Mr. Risley
will receive a one-time, lump-sum amount equal to the Company’s portion of continuation coverage
costs for a 12-month period, as determined on the Effective Date.

 

 

          5. Stock Repurchase Program. The Company agrees that Mr. Risley shall be entitled to
participate in a manner and on terms comparable to other Company Executives with respect to any
offer to repurchase Company stock that shall be made available to other Company Executives as a
group prior to December 31, 2006.

          6. General Release of Claims by Mr. Risley. Mr. Risley agrees that he will execute a
general release of all claims on the Effective Date in substantially the form attached hereto as
Exhibit A. Mr. Risley hereby agrees and acknowledges that his right to the benefits provided under
this Agreement, and the Company’s obligations under Sections 2, 3, 4 and 5 of this Agreement, are
subject to Mr. Risley’s timely execution and non-revocation of such release.

          7. Consulting Agreement. The parties agree that they will enter into a Consulting
Agreement substantially in the form attached hereto as Exhibit B (the “Consulting Agreement”).

          8. Governing Law. This Agreement shall be governed, construed, interpreted and
enforced in accordance with its express terms, and otherwise in accordance with the substantive
laws of the State of Texas, without reference to the principles of its conflicts of law, and where
applicable, the laws of the United States.

          9. Validity. The invalidity or unenforceability of any provision or provisions of
this Agreement shall not affect the validity or enforceability of any other provision of this
Agreement, which shall remain in full force and effect.

          10. 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
Agreement. Signatures delivered by facsimile shall be deemed effective for all purposes.

          11. Entire Agreement. The parties further intend that this Agreement shall constitute
the complete and exclusive statement of their terms and that no extrinsic evidence whatsoever may
be introduced in any judicial, administrative, or other legal proceeding to vary the terms of this
Agreement.

          12. No Other Payments. Mr. Risley understands and agrees that the Company shall make
no other payments to Mr. Risley, and shall have no other obligations to Mr. Risley other than those
described in this Agreement, except for any accrued obligations or other benefits otherwise payable
to Mr. Risley pursuant to the terms of the Company’s normal payroll practices or employee benefit
plans, or pursuant to the terms of the Consulting Agreement.

          13. Withholding. The Company shall be entitled to withhold from any amounts payable
under this Agreement any federal, state, local or foreign withholding or other taxes or charges
which the Company is required to withhold. The Company shall be entitled to rely on an opinion of
counsel if any questions as to the amount or requirement of withholding shall arise.

 

 

     IN WITNESS WHEREOF, the Company and Mr. Risley have caused this Agreement to be executed
effective as of the date first above written.

	 	 	 	 	 	 	 
	 	 	VOUGHT AIRCRAFT INDUSTRIES, INC.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	/s/ W. Bruce White, Jr.	 	 
	 

	 	 	 	 	 	 
	 	 	Name: W. Bruce White, Jr.	 	 
	 

	 	Title:
	 	Vice President, General Counsel and	 	 
	 

	 	 	 	Corporate Secretary	 	 
	 
	 	 	 	 	 	 
	 
	 	/s/ Tom Risley  	 	 
	 	 	 	 	 
	 	 	Tom Risley

 

 

Exhibit A

Release Agreement

     This Release Agreement (“Agreement”) is made by and between Vought Aircraft Industries, Inc.,
a Delaware corporation (the “Company”) and Tom Risley (“Mr. Risley”) (collectively referred to as
the “Parties”) on February 28, 2006. The Parties agree that, pursuant to that certain Agreement,
dated as of January 31, 2006, between the Company and Mr. Risley (the “Separation Agreement”), Mr.
Risley’s employment with the Company will terminate on the date hereof. In connection with Mr.
Risley’s termination of employment, the Separation Agreement provides that if Mr. Risley chooses to
sign and not revoke this Agreement, Mr. Risley will be entitled to the benefits provided in the
Separation Agreement, including the extension of the expiration date of his outstanding stock
options. Mr. Risley understands that he is not entitled to such benefits unless he signs and does
not revoke this Agreement.

     In consideration for the benefits provided in the Separation Agreement, Mr. Risley hereby
agrees, for Mr. Risley, Mr. Risley’s spouse and child or children (if any), Mr. Risley’s heirs,
beneficiaries, devisees, executors, administrators, attorneys, personal representatives, successors
and assigns, to forever release, discharge and covenant not to sue the Company or any of its
divisions, affiliates, subsidiaries, parents, branches, predecessors, successors, assigns, and,
with respect to such entities, their officers, directors, trustees, employees, agents,
shareholders, administrators, general or limited partners, representatives, attorneys, insurers and
fiduciaries, past, present and future (the “Released Parties”) from any and all claims of any kind
arising out of, or related to, Mr. Risley’s employment with the Company, its affiliates and
subsidiaries (collectively, with the Company, the “Affiliated Entities”), Mr. Risley’s service on
the Board of Directors of the Company (the “Board”), Mr. Risley’s separation from employment with
the Affiliated Entities and his termination of service on the Board, which Mr. Risley now has or
may have against the Released Parties, whether known or unknown to Mr. Risley, by reason of facts
which have occurred on or prior to the date that Mr. Risley has signed this Agreement. Such
released claims include, without limitation, any and all claims relating to the foregoing under
federal, state or local laws pertaining to employment, including, without limitation, the Age
Discrimination in Employment Act, Title VII of the Civil Rights Act of 1964, as amended, 42 U.S.C.
Section 2000e et. seq., the Fair Labor Standards Act, as amended, 29 U.S.C. Section 201 et. seq.,
the Americans with Disabilities Act, as amended, 42 U.S.C. Section 12101 et. seq. the
Reconstruction Era Civil Rights Act, as amended, 42 U.S.C. Section 1981 et. seq., the
Rehabilitation Act of 1973, as amended, 29 U.S.C. Section 701 et. seq., the Family and Medical
Leave Act of 1992, 29 U.S.C. Section 2601 et. seq., and any and all state or local laws regarding
employment discrimination and/or federal, state or local laws of any type or description regarding
employment, including but not limited to any claims arising from or derivative of Mr. Risley’s
employment with the Affiliated Entities, as well as any and all such claims under state contract or
tort law. Mr. Risley further agrees not to disparage in any material respect the Company, any of
its products or practices, or any of its Affiliated Entities, either orally or in writing. This
release shall not affect any vested rights or claims Mr. Risley may have for employee benefits
pursuant to the terms of any employee benefit plan (within the meaning of the Employee Retirement
Income Security Act of 1974, as amended) maintained by the Company, or any rights or claims Mr.
Risley may have for breach of the Separation Agreement.

 

 

     Mr. Risley has read this Agreement carefully, acknowledges that Mr. Risley has been given at
least 21 days to consider all of its terms and has been advised to consult with any attorney and
any other advisors of Mr. Risley’s choice prior to executing this Agreement, and Mr. Risley fully
understands that by signing below Mr. Risley is voluntarily giving up any right which Mr. Risley
may have to sue or bring any other claims against the Released Parties, including any rights and
claims under the Age Discrimination in Employment Act. Mr. Risley also understands that Mr. Risley
has a period of seven days after signing this Agreement within which to revoke his agreement, and
that neither the Company nor any other person is obligated to make any payments or provide any
other benefits to Mr. Risley pursuant to the Agreement until eight days have passed since Mr.
Risley’s signing of this Agreement without Mr. Risley’s signature having been revoked other than
any accrued obligations or other benefits payable pursuant to the terms of the Company’s normal
payroll practices or employee benefit plans. Finally, Mr. Risley has not been forced or pressured
in any manner whatsoever to sign this Agreement, and Mr. Risley agrees to all of its terms
voluntarily.

     This Agreement is final and binding and may not be changed or modified except in a writing
signed by both parties.

	 	 	 	 	 
	 

Date

	 	 

Tom Risley
	 	 
	 
	 	 	 	 
	 

	 	 	 	 
	Date

	 	Vought Aircraft Industries, Inc.exv10w2

 

Exhibit B                                 
Form
of
Agreement                

CONSULTANT CONTRACT

     THIS AGREEMENT (“Agreement”) is effective as of this 31st day of January, 2006, between VOUGHT
AIRCRAFT INDUSTRIES, INC., a Delaware corporation, whose principal place of business is located at
9314 West Jefferson Blvd., Dallas, Texas 75211 (“VAII”) and Tom Risley, whose principal place of
business is 2600 Twelve Oaks Lane, Colleyville, Texas 76034 (“Consultant”).

I. ENGAGEMENT

     VAII hereby retains Consultant to provide the services described in Attachment “A” hereto.
Consultant’s principal point of contact at VAII with respect to the specific nature and scope of
the services to be provided hereunder is the President and Chief Executive Officer. Consultant
agrees to make himself reasonably available upon reasonable advance notice for the purposes of
providing the services described herein. It is anticipated by the parties that the scope of such
services shall not typically exceed 10 (ten) hours per month (the “Base Services”). In the event
that the Company shall require Consultant to provide additional services in excess of 10 hours per
month (“Additional Services”), such services shall be compensated at the rate set forth herein.

II. PLACE OF ENGAGEMENT

     Consultant shall perform the services called for under this agreement at such places as VAII
may reasonably require.

III. TERM OF ENGAGEMENT

     The term of this Agreement shall commence on March 1, 2006, and expire on February 28, 2007.
This Agreement may be renewed or extended for such time as VAII and the Consultant may agree upon
in writing.

 

 

IV. COMPENSATION

A. Fee. VAII shall pay Consultant and Consultant shall accept from VAII in full
payment for the Base Services hereunder, a fixed retainer in the amount of $3,000.00 (three
thousand dollars) per month. In any month in which the services provided by Consultant
should exceed 10 (ten) hours per month, the Consultant shall be paid a fee in the amount of
$300.00 (three hundred dollars) per hour, payable as full payment for such additional
services beyond the Base Services. If Consultant fails to substantiate any invoice for
Additional Services, VAII shall have no obligation to compensate Consultant for such claimed
services.

B. Expenses. VAII will reimburse Consultant in accordance with VAII policy and
procedures for all reasonable and necessary expenses incurred by Consultant in connection
with the rendering of services hereunder, provided that all such expenses are approved in
advance by the President and Chief Executive Officer and, that the total expenses and direct
charges do not exceed $25,000.00 (twenty five thousand dollars). Claims for expenses must be
in accordance with VAII’s established policies and limitations pertaining to allowable
expenses and documented pursuant to the procedures applicable to VAII’s employees.

C. Office Equipment. VAII shall provide the Consultant with continued use of a
computer, telephone and portable email device to be used for the purposes of providing
services under this Agreement.

 

 

D. Invoicing. Consultant shall invoice for Additional Services performed once a
month, at the end of each month.

E. Consultant shall send all invoices to:

Vought Aircraft Industries, Inc.

P.O. Box 655907

Dallas, TX 75265-5907

Attn: Elmer Doty / M/S 49-06

F. Maximum Compensation. Notwithstanding any other provisions of this Agreement to
the contrary, VAII shall not be obligated to request or to pay Consultant for any minimum
amount of Additional Services, and in no event shall VAII be obligated during the term of
this Agreement for consulting fees and expenses of more than $200,000.00 (two hundred
thousand dollars) in the aggregate.

G. Full Extent of Compensation. Unless otherwise specifically stated in writing,
this provision represents the full extent of compensation under this agreement and
Consultant shall not be entitled by virtue of this Agreement to be paid a commission or to
participate in any insurance, saving, retirement or other benefit programs, including,
without limitation, stock ownership plans, offered by VAII to its employees.

H. Warranty. Consultant certifies and warrants that in the course of performing
services under this Agreement, no payments will be made to government officials, any
political party, or customer representatives, that no government official, political party,
or customer representative has any direct or indirect investment interest or interest in the
revenues or profits of Consultant, and that no expenditure for other than lawful purposes
will be made.

 

 

V. TRADE SECRETS AND PROPRIETARY INFORMATION

A. Disclosure to Third Parties Prohibited. Consultant shall not divulge, disclose
or communicate any matters affecting or relating to the business of VAII without the express
written consent of VAII. The terms of this section shall remain in full force and effect
after the expiration or termination of this Agreement.

B. Ideas, Improvements and Inventions. Any and all ideas, improvements and
inventions conceived of, developed, or first reduced to practice in the performance of the
Consultant’s work for VAII shall become the exclusive property of VAII and ideas and
developments accruing therefrom shall all be fully disclosed to VAII and shall be the
exclusive property of VAII and may be treated and dealt with by VAII as such, without
payment or further consideration than is herein above specified. Consultant shall preserve
such ideas, improvements and inventions as confidential during the contract term and
thereafter and shall execute all papers and documents necessary to vest title to such ideas,
developments, information, data, improvements and inventions in VAII and to enable VAII to
apply for and obtain letters of patent on such ideas, developments, information, data,
improvements and inventions in any and all countries and to assign to VAII the entire right,
title and interest thereto.

C. Notes, Memoranda, Reports and Data. The original and all copies of notes,
memoranda, reports, findings or other data prepared by Consultant in connection with the
services performed hereunder shall become the sole and exclusive property of VAII.

 

 

D. Disclosure of Confidential or Proprietary Information of Third Parties
Prohibited. Consultant shall not disclose to VAII or induce VAII to use any secret
process, trade secret, or other confidential or proprietary knowledge or information
belonging to others, including but not limited to the United States. Such information
includes but is not limited to information relating to bids, offers, technical proposals,
responses to requests for procurement, rankings of competitors and other similar procurement
sensitive information.

VI. PRESERVATION OF TRADE NAMES, TRADE MARKS AND PATENT RIGHTS

     All trade names, trade marks and patent rights of VAII pertaining to VAII products, including
the names “Vought”, “Vought Aircraft”, and “Vought Aircraft Industries, Inc.”, shall remain the
sole property of VAII and Consultant shall do all things necessary to protect and preserve such
trade names, trade marks and patent rights from claims by other persons or entities.

VII. COOPERATION WITH VAII

     After the expiration of this Agreement, Consultant shall cooperate with VAII in regard to any
matter, dispute or controversy in which VAII may become involved and of which Consultant may have
knowledge. Such cooperation shall be subject to further agreement providing for legally
appropriate compensation.

VIII. INDEMNIFICATION

     Consultant shall indemnify, defend and hold VAII harmless from any and all claims of third
parties for loss or damage to property or injury or death to persons arising out of or relating to
Consultant’s activities, operations or omissions including

 

 

those of the Consultant’s employees, pursuant to this Agreement. Such indemnification shall
survive the expiration or termination of this Agreement.

IX. INDEPENDENT CONTRACTOR

     Consultant shall render all services hereunder as an independent contractor and shall not hold
out himself or herself as an agent of VAII. Nothing herein shall be construed to create or confer
upon Consultant the right to make contracts or commitments for or on behalf of VAII.

X. TAXES

     Consultant shall pay all taxes due with respect to the compensation paid hereunder.

XI. OBSERVATION OF APPLICABLE LAWS AND REGULATIONS

A. Conformance with FAR. Consultant shall perform all services hereunder in
accordance with applicable provisions of the Federal Acquisition Regulation, 48 C.F.R.
Section 1.01 et. Seq. (“FAR”). No part of any compensation or fee paid by VAII will be used
directly or indirectly to make any kick-backs to any person or entity, or to make payments,
gratuities, emoluments or to confer any other benefit to an official of any government or
any political party.

B. No Selling Agency Employed. No person or selling agency shall be employed or
retained to solicit or secure any contract, including but not limited to a United States
Government contract, upon an agreement or understanding for a commission, percentage,
brokerage, or contingent fee, excepting bona fide employees or bona fide established
commercial or selling agencies maintained by the Consultant for the purpose of receiving
business. In the event of a breach

 

 

or violation of this warranty, VAII shall have the right to annul this Agreement without
liability or in its discretion to deduct from the fee or consideration, or otherwise
recover, the full amount of such commission, percentage, brokerage or contingent fee.

C. United States Laws. Consultant shall comply with and do all things necessary for
VAII to comply with United States laws and regulations and express policies of the United
States Government, including but not limited to the requirements of the Foreign Corrupt
Practices Act, 15 U.S.C. Section 78 dd-1 et. seq., the International Traffic in Arms
law, 22 C.F.R. Part 120 and applicable regulations; the Byrd Amendment (31 U.S.C. Section
1352) and applicable regulations; the Office of Federal Procurement Policy Act of 1988 (41
U.S.C. Section 423) and applicable regulations; and DoD Directive 5500.7 and applicable
regulations.

      Consultant shall not seek, nor repay to VAII, any classified, proprietary or source
selection information not generally available to the public. Consultant shall not influence
or attempt to influence on behalf of VAII any United States Government official or employee
in connection with the award, extension, continuation, renewal, amendment or modification of
a federal contract or otherwise engage in “non-exempt services” within the meaning of the
Byrd Amendment. Consultant shall also comply with and do all things necessary for VAII to
comply with provisions of contracts between agencies of the United States Government or
their contractors and VAII, which relate either to patent rights or the safeguarding of
information pertaining to the security of the United

 

 

States. This entire Agreement and/or the contents thereof may be disclosed to the United
States Government.

D. State Law and Regulations. Consultant shall comply with and do all things
necessary for Consultant and VAII each to comply with all laws and regulations of the State
of Texas and any other State, including the District of Columbia, in which services
hereunder are or may be rendered.

E. Reliance. This Agreement is made in material reliance upon any representations
and warranties made by Consultant in this Agreement or information provided VAII by or on
behalf of Consultant.

F. Maintenance of Time and Expense Records. Consultant shall maintain appropriate
time and expense records pertaining to the services performed under this Agreement. These
records shall be subject to examination and audit by VAII and the Government until notified
by VAII in writing, that the records no longer need to be maintained.

XII. ASSIGNMENT OF RIGHTS

     This Agreement and the rights, benefits, duties and obligations contained herein may not be
assigned or otherwise transferred in any manner to third parties without the express written
approval of VAII. Any such assignment or transfer without prior approval of VAII will be null,
void and without effect.

XIII. MODIFICATION

     No waiver or modification of this Agreement or of any covenant, condition, or limitation
herein shall be valid and enforceable unless such waiver or modification is in writing.

 

 

XIV. USE OR EMPLOYMENT OF THIRD PARTIES

     Consultant shall not utilize or employ any third party, individual or entity, in connection
with Consultant’s performance of services under this Agreement without the express written approval
of VAII.

XV. CONFLICTS OF INTEREST

     No business or legal conflicts of interest shall exist between services performed or to be
performed by Consultant on behalf of VAII and by Consultant on behalf of any other client.
Moreover, and without limitation of the foregoing, during the term of this Agreement (the
“Non-Compete Period”), Consultant shall not, without the advance approval of the President and CEO
of VAII, directly or indirectly, enter into, engage in, assist, finance, be employed by or consult
with, or have a financial or other interest in, any business which engages in any business in which
the Company engages, whether for or by himself or as an independent contractor, agent, stockholder,
partner or joint ventures for any other Person (any such activity, “Competition”). To the extent
that the covenant provided for in this Section may later be deemed by a court to be too broad to be
enforced with respect to its duration or with respect to any particular activity or geographic
area, the court making such determination shall have the power to reduce the duration or scope of
the provision, and to add or delete specific words or phrases to or from the provision. The
provision as modified shall then be enforced.

XVI. TERMINATION

A. Violation of Term or Condition. Notwithstanding the foregoing, in the event of a
violation by Consultant of any term or condition, express or implied, of this Agreement or
of any federal or state law or regulation pertaining to or arising

 

 

from Consultant’s performance of services under this Agreement, VAII may, in its discretion,
terminate this Agreement immediately, without notice and in such event, Consultant shall
only be entitled to compensation up to the time of such violation.

B. Bankruptcy. Notwithstanding the foregoing, in the event that Consultant is
adjudicated a bankrupt or petitions for relief under bankruptcy, reorganization,
receivership, liquidation, compromise or other arrangement or attempts to make an assignment
for the benefit of creditors, this Agreement shall be deemed terminated automatically,
without requirement of notice, without further liability or obligation to VAII.

XVII. SEVERABILITY OF PROVISIONS

     All provisions contained herein are severable and in the event any of them are held to be
invalid by any competent court, this Agreement shall be interpreted as if such invalid provision
was not contained herein.

XVIII. AVAILABILITY OF EQUITABLE REMEDIES

     Consultant understands and agrees that any breach or evasions of any of the terms of this
Agreement will result in immediate and irreparable injury to VAII and will entitle VAII to all
legal and equitable remedies including, without limitation, injunction or specific performance.

XIX. GOVERNING LAW

     This Agreement and the performance hereunder shall be governed by and construed in accordance
with the laws of the State of Texas that shall be the exclusive applicable law. Consultant shall
submit to the jurisdiction of the courts within the State

 

 

of Texas for any claim, demand or suit that may arise in connection with this Agreement and
Consultant specifically waives any objection or defense to venue and jurisdiction.

XX. NOTICE

     Any notice to be given hereunder shall be in writing, mailed by certified or registered mail
with return receipt requested addressed to the Company:

Vought Aircraft Industries, Inc.

9314 West Jefferson Blvd.

Dallas, Texas 75211

Attention: W. Bruce White, Jr., M/S 49R-09

or to Consultant:

Tom Risley

2600 Twelve Oaks Lane

Colleyville, Texas 76034

or to such other address as may have been furnished at the date of mailing either by VAII or
Consultant in writing.

XXI. COMPLETE AGREEMENT

     This Agreement constitutes the entire agreement of the parties with respect to the engagement
of Consultant by VAII and supersedes any and all other agreements between the parties. The parties
stipulate and agree that neither of them has made any representation with respect to this Agreement
except that such representations are specifically set forth herein. The parties acknowledge that
any other payments or representations that may have been made are of no effect and that neither
party has relied on such payments or representations in connection with this Agreement or the
performance of services contemplated herein.

 

 

IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be entered into and
executed as set forth below.

	 	 	 	 	 	 	 
	 	 	VOUGHT AIRCRAFT INDUSTRIES, INC.	 	 
	 
	 	 	 	 	 	 
	 

	 	BY:	 	/s/ W. Bruce White, Jr.	 	 
	 

	 	 	 	 	 	 
	 

	 	 	 	W. Bruce White, Jr.	 	 
	 

	 	 	 	Vice President and General Counsel
	 	 

	 	 	 	 	 	 	 
	Accepted on Behalf of:

Tom Risley	 	 
	 
	 	 	 	 	 	 
	Signature:	 	/s/ Tom Risley	 	 
	 

	 	 	 	 	 	 
	 
	 	 	 	 	 	 
	Date:
	 	 	 	January 31, 2006 	 	 
	 	 	 	 	 

 

 

Attachment A

Statement of Work for Consultant Tom Risley

I. Specific Tasks To Be Performed

Consultant will perform specific assignments at the specific direction of the CEO. Consultant will
report directly to the CEO and will interface with other Company Officials as directed by the CEO.

II. Deliverables

To be determined based upon the nature of the assignment.

III. Where Work Will Be Performed

As directed by Chief Executive Officer.

IV. Total Cost and Expenses

Not to exceed $200,000 (two hundred thousand dollars)

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