EX-10.3
from 10-Q
5 pages
Whereas, the Company Desires to Extend Executive’s Employment With the Company and the Company and Executive Have Discussed and Agreed in Principle on an Extension and Modification of the Employment Agreement, Primarily With Respect to the Term of the Agreement, Executive’s Title and Duties and Compensation. Now, Therefore, It Is Agreed by the Parties as Follows: 1. Section 1.1 of the Employment Agreement Is Amended and Restated in Its Entirety as Follows: 1.1 as of the Effective Date, This Employment Agreement Shall Be “At Will” and Can Be Terminated by the Company at Any Time, for or Without Cause
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EX-10.2
from 10-Q
4 pages
Amendment Made This 28th Day of September, 2023, to Be Effective as of March 1, 2024 (The “Effective Date”) to Employment Agreement (The “Employment Agreement” or “Agreement”) Dated July 8, 2019, as Amended, Between VOXX International Corporation, 180 Marcus Blvd., Hauppauge, New York 11788 (The “Company”) and Loriann Shelton, an Individual Residing at 8 Emily Court, Moriches, New York 11955 (The “Executive”). All Capitalized Terms Used Herein but Not Defined Herein Are as Defined in the Employment Agreement Unless Indicated Otherwise. Whereas, Section 4.2a of the Employment Agreement Requires That the Company Provide the Executive With at Least Six (6) Months’ Notice of Its Desire to Extend the Employment Period Beyond February 29, 2024; and Whereas, the Company Desires to Extend Executive’s Employment With the Company and the Company and Executive Have Agreed to the Modification of the Employment Agreement as Set Forth Herein. Now, Therefore, It Is Agreed by the Parties as Follows: 1. Section 1.1 of the Employment Agreement Is Amended and Restated in Its Entirety as Follows: 1.1
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EX-10.1
from 10-Q
4 pages
Amendment Made This 28th Day of September, 2023, to Be Effective as of March 1, 2024 (The “Effective Date”) to Employment Agreement (The “Employment Agreement” or “Agreement”) Dated July 8, 2019, as Amended, Between VOXX International Corporation, 180 Marcus Blvd., Hauppauge, New York 11788 (The “Company”) and Patrick M. Lavelle, an Individual Residing at 131 Celebration Blvd., Celebration, Florida 34747 (The “Executive”). All Capitalized Terms Used Herein but Not Defined Herein Are as Defined in the Employment Agreement Unless Indicated Otherwise. Whereas, Section 4.2a of the Employment Agreement Requires That the Company Provide the Executive With at Least Six (6) Months’ Notice of Its Desire to Extend the Employment Period Beyond February 29, 2024; and Whereas, the Company Desires to Extend Executive’s Employment With the Company and the Company and Executive Have Discussed and Agreed in Principle on an Extension and Modification of the Employment Agreement, Primarily With Respect to the Term of the Agreement and Compensation. Now, Therefore, It Is Agreed by the Parties as Follows: 1. Section 1.1 of the Employment Agreement Is Amended and Restated in Its Entirety as Follows: 1.1
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EX-10.3
from 10-Q
3 pages
Amendment Made Effective as of September 1, 2022 to Employment Agreement (The “Employment Agreement”) Dated July 8, 2019 Between VOXX International Corporation, 180 Marcus Blvd., Hauppauge, New York 11788 (The “Company”) and Loriann Shelton, an Individual Residing at 8 Emily Court, Moriches, New York 11955 (The “Executive”) Whereas, Due the Present Global Economic Conditions (The “Recession”), the Company Has Instituted a Multitude of Cost Savings Actions, Including, Without Limitation, Employee Furloughs and Salary Reductions; and Whereas, the Executive Fully Understands and Appreciates the Magnitude of the Recession and Its Detrimental Effect on the Company’s Business; and Whereas, Notwithstanding the Existence of the Employment Agreement, the Executive Is Willing to Voluntarily Participate in the Salary Reduction Program. Now, Therefore, It Is Agreed by the Parties as Follows: 1
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EX-10.2
from 10-Q
3 pages
Amendment Made Effective as of September 1, 2022 to Employment Agreement (The “Employment Agreement”) Dated July 8, 2019 Between VOXX International Corporation, 180 Marcus Blvd., Hauppauge, New York 11788 (The “Company”) and Charles M. Stoehr, an Individual Residing at 2623 Sunset Avenue, Westhampton Beach, New York (The “Executive”) Whereas, Due the Present Global Economic Conditions (The “Recession”), the Company Has Instituted a Multitude of Cost Savings Actions, Including, Without Limitation, Employee Furloughs and Salary Reductions; and Whereas, the Executive Fully Understands and Appreciates the Magnitude of the Recession and Its Detrimental Effect on the Company’s Business; and Whereas, Notwithstanding the Existence of the Employment Agreement, the Executive Is Willing to Voluntarily Participate in the Salary Reduction Program. Now, Therefore, It Is Agreed by the Parties as Follows: 1
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EX-10.1
from 10-Q
3 pages
Amendment Made Effective as of September 1, 2022 to Employment Agreement (The “Employment Agreement”) Dated July 8, 2019 Between VOXX International Corporation, 180 Marcus Blvd., Hauppauge, New York 11788 (The “Company”) and Patrick M. Lavelle, an Individual Residing at 131 Celebration Blvd., Celebration, Fl 34747 (The “Executive”) Whereas, Due the Present Global Economic Conditions (The “Recession”), the Company Has Instituted a Multitude of Cost Savings Actions, Including, Without Limitation, Employee Furloughs and Salary Reductions; and Whereas, the Executive Fully Understands and Appreciates the Magnitude of the Recession and Its Detrimental Effect on the Company’s Business; and Whereas, Notwithstanding the Existence of the Employment Agreement, the Executive Is Willing to Voluntarily Participate in the Salary Reduction Program. Now, Therefore, It Is Agreed by the Parties as Follows: 1
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EX-10.2
from 10-Q
2 pages
Amendment Made Effective as of April 6, 2020 to Employment Agreement (The “Employment Agreement”) Dated July 8, 2019 Between VOXX International Corporation, 180 Marcus Blvd., Hauppauge, New York 11788 (The “Company”) and Loriann Shelton, an Individual Residing at 8 Emily Court, Moriches, New York 11955 (The “Executive”) Whereas, Due the Covid-19 Pandemic Crisis (The “Crisis”), the Company Has Instituted a Multitude of Cost Savings Actions, Including, Without Limitation, Employee Furloughs and Salary Reductions; and Whereas, the Executive Fully Understands and Appreciates the Magnitude of the Crisis and Its Detrimental Effect on the Company’s Business; and Whereas, Notwithstanding the Existence of the Employment Agreement, the Executive Is Willing to Voluntarily Participate in the Salary Reduction Program. Now, Therefore, It Is Agreed by the Parties as Follows
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EX-10.1
from 10-Q
2 pages
Amendment Made Effective as of April 6, 2020 to Employment Agreement (The “Employment Agreement”) Dated July 8, 2019 Between VOXX International Corporation, 180 Marcus Blvd., Hauppauge, New York 11788 (The “Company”) and Charles M. Stoehr, an Individual Residing at 262 Sunset Avenue, Westhampton Beach, New York (The “Executive”) Whereas, Due the Covid-19 Pandemic Crisis (The “Crisis”), the Company Has Instituted a Multitude of Cost Savings Actions, Including, Without Limitation, Employee Furloughs and Salary Reductions; and Whereas, the Executive Fully Understands and Appreciates the Magnitude of the Crisis and Its Detrimental Effect on the Company’s Business; and Whereas, Notwithstanding the Existence of the Employment Agreement, the Executive Is Willing to Voluntarily Participate in the Salary Reduction Program. Now, Therefore, It Is Agreed by the Parties as Follows
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EX-10.4
from 8-K
3 pages
This First Amendment Dated July 8, 2019 to Employment Agreement (This “First Amendment”) Dated January 12, 2017 (The “Employment Agreement”), by and Between VOXX International Corporation, a Delaware Corporation (“Employer”), and Thomas Malone, an Individual (The “Executive”)
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