This will confirm our understanding as to your entitlement to severance payments under the circumstances set forth in this Letter Agreement.
Dated:
By: /s/ Stephen Lynch
Name: Stephen Lynch
Title: Vice President
Stephen Labaton,
By Stephen A. Maenholt
Printed: Stephen W. Beard
[signed by Stephen A. Littleton]
Attention:
Anna-Maria and Stephen Kellen Foundation, Inc.
Stephen, we look forward to working with you as a member of the NAPCO team. If you have any questions, please feel free to call me at Ext. xxx.
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