EX-10.24
from 10-K
1 page
To: Unico American Corporation 26050 Mureau Road Calabasas, Ca 91302 Attention: Michael Budnitsky, Chief Financial Officer From: Cary L. Cheldin 26050 Mureau Road Calabasas, Ca 91302 1. I, Cary L. Cheldin, Hereby Waive My Right to the Mandatory Bonus Provided Under Section 3.2 of the Employment Agreement Only for 2018. 2. I, Cary L. Cheldin, Hereby Waive My Right to Protection Against the Company’s Decision, if Any, to Decrease My Annual Bonus Only for 2018. by Executive: /S/ Cary L. Cheldin Cary L. Cheldin March 27, 2019 by Company: /S/ Michael Budnitsky Michael Budnitsky March 27, 2019
12/34/56