EX-10.15
from 10-K
~5
pages
Compass Minerals Group, Inc. 8300 College Boulevard Overland Park, Kansas 66210 March 12, 2002 Mr. Michael E. Ducey 26 Victorian Gate Way Columbus, Ohio 43215 Re: Employment Terms Dear Mike: This Letter Agreement Confirms the Understanding Reached Between You and Compass Minerals Group, Inc. (The “Company”) Regarding the Terms of Your Employment With the Company. 1. Your Employment Will Commence as of April 1, 2002 (The “Effective Date”). 2. You Will Serve as Chief Executive Officer of the Company, Reporting to the Company’s Board of Directors (The “Board”). in Addition, You Will Be Nominated for a Seat on the Board. You Will Devote Your Best Efforts and Full Business Time to the Company. 3. You Will Be Based in the Company’s Overland Park, Kansas Offices and in Connection With Your Employment by the Company You Will Be Required to Maintain Your Primary Residence in the Kansas City Metropolitan Area. 4. You Will Be Paid a Base Salary at the Rate of $350,000 Per Year, Which Will Be Payable in Accordance With the Company’s Customary Payroll Practices
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