Calcomp Technology Inc – ‘10-K’ for 12/28/97 – EX-10.31

As of:  Friday, 4/10/98   ·   For:  12/28/97   ·   Accession #:  1017062-98-808   ·   File #:  0-16071

in

this entire Filing. an “Entity” Search.

Show

Documents searched

and

each “hit”. the 1st “hit”.

↓↑Hints

Annual Report   —   Form 10-K
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-K        10-K for 1997                                         54    333K 
 2: EX-10.31    Termination Agreement - Winfried Rohloff 11-25-97      3     15K 
 3: EX-10.32    Settlement Agreement - Harold Simeroth 1-28-98         2     17K 
 4: EX-10.33    Change of Control/Termination - James Bell 4-1-98      2     14K 
 5: EX-10.34    Patent License Between Co. & Kodak - 3-29-98          28     99K 
 6: EX-10.35    Warrant to Purchase Common Stock - Kodak 3-29-98      14     69K 
 7: EX-10.36    Agreement Re: Directors Lockheed & Kodak 3-29-98       2     12K 
 8: EX-10.37    Amendment No.1 Restated Revolving Credit Agreement     2±    12K 
 9: EX-10.38    First Amendment Cash Management Agreement 3-20-98      2±    12K 
10: EX-10.39    Calcomp Technology 1998 Management Incentive Plan      8     28K 
11: EX-10.40    Calcomp Technology 1998 Deferred Mgmt Incentive       16     49K 
                          Plan                                                   
12: EX-10.41    Amended and Restated Rights Waiver                     2±    10K 
13: EX-23       Consent - Independent Auditors                         1      8K 
14: EX-27       Art 5 for 1997 10-K                                    2      9K 

EX-10.31   —   Termination Agreement – Winfried Rohloff 11-25-97

EX-10.31
1st Page of 3
TOC
↑Top
Previous
Next
↓Bottom
Just 1st
 
                                                                   EXHIBIT 10.31

[LOGO OF CALCOMP] 

INTEROFFICE COMMUNICATION 

TO:       W. ROHLOFF                       IOC NO.:                             

FROM:     J. BATTERTON                     DATE:    NOVEMBER 25, 1997           

SUBJECT:  TERMINATION OF THE CONTRACT OF EMPLOYMENT                             

The following is an addendum to the Termination Agreement dated November 25,    
1997:                                                                           

Mr. Rohloff shall also receive all amounts due him under the Lockheed 
Martin and CalComp Deferred MICP Plans and shall have all rights with 
  respect to stock options granted to him (under the terms of the Lockheed
Martin and CalComp stock option plans) which exist at the time of his 
termination.                                                          

/s/ John C. Batterton                                                           
--------------------------------------                                          
John C. Batterton                                                               
President and Chief Executive Officer                                           
CalComp Technology, Inc.                                                        

EX-10.31
2nd Page of 3
TOC
1st
Previous
Next
↓Bottom
Just 2nd
[LETTERHEAD OF CALCOMP] 

TERMINATION AGREEMENT 

between 

CalComp GmbH, Hermann-Klammt-Strasse 1, 41460 Neuss, Germany, represented by its
sole shareholder, CalComp Technology, Inc., 2411 West LaPalma Avenue, Anaheim,
California 92801, USA, the latter being represented by John C. Batterton, 
President and Chief Executive Officer of CalComp Technology, Inc. 

- hereinafter referred to as the "Company" -  

and 

Winfried Rohloff, Im Wingert 19, 40699 Erkrath, Germany.                        

1.   The parties agree that Mr. Rohloff's employment contract with the Company  
 shall be terminated effective December 31, 1997.  The termination takes
place upon request of the Company.                                    

2.   Mr. Rohloff will resign as Geschaeftsfuehrer (Managing Director) of the    
    Company effective December 31, 1997.  Also effective December 31, 1997, he
will resign from all other positions and offices held by him for the  
  Company or CalComp Technology, Inc. or other CalComp companies.  CalComp
   Technology, Inc. assures Mr. Rohloff that it will formally approve of all
     his actions in his capacity of Geschaeftsfuehrer (Managing Director) of the
Company and in the performance of his other positions and offices.    

3.   The employment contract will be duly performed through December 31, 1997,  
    i.e., the Company shall pay to Mr. Rohloff the monthly base salary, settle
 accounts in relation to the MICP component and pay the amount following
 from this and make payment in lieu of the remaining vacation time.  The
   Company will reimburse Mr. Rohloff for all travel and relocation expenses
 remaining to be paid as well as expenses arising in connection with the
   return to Germany in accordance with the Lockheed Martin Corporate Policy
No. CPS-539.  Mr. Rohloff will receive final tax assistance through   
   CalComp's agent, presently Ernst & Young, under the provisions covered by
the Lockheed Martin Corporate policy.                                 

4.   The Company shall pay to Mr. Rohloff a severance indemnity as final        
     compensation for the loss of his job in the amount of DM 1,090,535 (gross).
   This compensation shall be due for payment on December 31, 1997, taxed in
   accordance with (S)(S) 3 Ziff. 9, 24, 34, 39 b Abs. 3 Nr. 10 EStG (Income
Tax Act).                                                             

5.   The Company acknowledges to Mr. Rohloff the non-forfeitable pension claims 
according to the employment contract of December 1, 1987 and the      
   Versorgungsordnung (Pension Plan) of the Company as amended on January 1,
     1988.  The parties agree that the pension commitment has existed since July
     1, 1980.  The Company will inform Mr. Rohloff in a separate letter pursuant
 to (S) 2 Abs. 6 BetrAVG (Company Pension Act) of the amount of the non-
  forfeitable pension claims, the calculation of the amount being based on
December 31, 1997 as the termination date.                            

EX-10.31
Last Page of 3
TOC
1st
Previous
Next
↓Bottom
Just 3rd
6.   Mr. Rohloff will return to the Company everything in his possession owned  
by the Company, CalComp Technology, Inc. and other CalComp companies, 
     including all documents relating to the affairs of the companies, including
business correspondence and any copies.                               

7.   Upon the performance of this agreement all mutual claims of the parties    
  arising from the employment contract and its termination shall have been
   discharged and settled forever. This also concerns all U.S. companies and
all foreign subsidiaries of CalComp.                                  

Anaheim: November 25, 1997                    Anaheim: November 25, 1997        

for CalComp GmbH                                                                

/s/ John C. Batterton                         /s/ Winfried Rohloff              
-------------------------------------         -----------------------------     
John C. Batterton                             Winfried Rohloff                  
President and Chief Executive Officer                                           
CalComp Technology, Inc.                                                        

Dates Referenced Herein   and   Documents Incorporated by Reference

				Referenced-On Page
This ‘10-K’ Filing		Date		First		Last			Other Filings
Filed on:		4/10/98
		12/31/97		2
For Period End:		12/28/97							10-K/A,  NT 10-K
		11/25/97		1		3
									List all Filings