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As Of Filer Filing For·On·As Docs:Size Issuer Agent 9/15/08 Force Protection Inc 10-K 12/31/07 31:5.6M Merrill Corp/New/FA |
Document/Exhibit Description Pages Size 1: 10-K Annual Report HTML 1.60M 2: EX-2.1 Plan of Acquisition, Reorganization, Arrangement, HTML 25K Liquidation or Succession 3: EX-3.1 Articles of Incorporation/Organization or By-Laws HTML 26K 4: EX-3.3 Articles of Incorporation/Organization or By-Laws HTML 16K 5: EX-10.1 Material Contract HTML 124K 8: EX-10.11 Material Contract HTML 24K 9: EX-10.18 Material Contract HTML 710K 10: EX-10.40 Material Contract HTML 21K 11: EX-10.52 Material Contract HTML 113K 12: EX-10.56 Material Contract HTML 34K 13: EX-10.57 Material Contract HTML 755K 14: EX-10.58 Material Contract HTML 26K 15: EX-10.59 Material Contract HTML 24K 6: EX-10.6 Material Contract HTML 28K 16: EX-10.60 Material Contract HTML 25K 17: EX-10.61 Material Contract HTML 21K 18: EX-10.63 Material Contract HTML 23K 19: EX-10.64 Material Contract HTML 17K 20: EX-10.65 Material Contract HTML 226K 21: EX-10.66 Material Contract HTML 115K 22: EX-10.78 Material Contract HTML 70K 23: EX-10.79 Material Contract HTML 150K 24: EX-10.81 Material Contract HTML 22K 7: EX-10.9 Material Contract HTML 16K 25: EX-14 Code of Ethics HTML 214K 26: EX-21.1 Subsidiaries of the Registrant HTML 13K 27: EX-23.1 Consent of Experts or Counsel HTML 15K 28: EX-23.2 Consent of Experts or Counsel HTML 13K 29: EX-31.1 Certification per Sarbanes-Oxley Act (Section 302) HTML 18K 30: EX-31.2 Certification per Sarbanes-Oxley Act (Section 302) HTML 18K 31: EX-32.1 Exhibt 32.1 HTML 15K
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1 | 1st Page - Filing Submission | ||||
" | Exhibit 10.11 | ||||
" | QuickLinks |
Force Protection, Inc. Force Protection Industries, Inc. 9801 Highway 78, Bldg #3 Ladson, SC 29456 |
Tel (843) 740-7015 Fax (843) 740-1973 www.forceprotection.net |
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Date: April 5, 2006
Dear Ray:
I am pleased to confirm our offer of employment with Force Protection Inc., (the "Company") on the following terms:
Title: |
Chief Operating Officer | |||
Compensation: |
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Salary: |
$240,000 per year in cash to be paid bi-weekly (according to the Company's regular practices). |
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Stock Grant: |
As an employee, on the first (1st) and second (2nd) anniversary of employment with the Company—an annual grant of shares of the Company's unregistered common stock equal to $40,000 (calculated using the closing share price as of the date of acceptance of this offer). |
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Relocation: |
A one time relocation payment of $30,000 payable upon start of employment. |
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Benefits: |
Health insurance and other benefits according to the Company's standard benefits package in effect from time-to-time. You will also be eligible for Gain Sharing and/or Company Stock Option programs if and when they are approved. |
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Severance: |
Your employment is "at will" and the Company may end your employment at any time without prior notice. We agree to "guarantee" twenty-four (24) months of Salary to you commencing from your start date. If your employment is terminated by the Company without cause during the 24 month period immediately following your Start Date, you will receive a one-time lump-sum severance amount equal to the remaining Salary compensation you would have been paid during the balance of such 24 month period. As an example, if your employment is terminated without cause 15 months from your start date, you would receive a lump-sum payment of 9 months under the aforementioned "guarantee"—for a total compensation period of 24 months. |
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Start Date: |
As soon as available |
Employment Terms:
Your principal place of work will be at the Company's facility in Ladson, South Carolina.
In
consideration of the Company extending this offer to you, you agree to the following:
We are extremely pleased to confirm this offer and look forward to your contribution to our Company. This agreement is intended to supersede and replace all other agreements between us and may not be modified or amended except in writing signed by both of us.
If the terms hereof are acceptable to you, I would ask that you kindly sign below and return a copy of this letter to me.
Regards,
Sincerely yours,
By: | /s/ GORDON MCGILTON |
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Gordon McGilton 4/7/06 | Accepted and Agreed: | |||||
By: |
/s/ RAYMOND POLLARD |
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Name: Ray Pollard 4/11/06 |
2
This ‘10-K’ Filing | Date | Other Filings | ||
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Filed on: | 9/15/08 | 8-K | ||
For Period End: | 12/31/07 | NT 10-K | ||
4/5/06 | ||||
List all Filings |
As Of Filer Filing For·On·As Docs:Size Issuer Filing Agent 2/12/09 SEC UPLOAD¶ 10/05/17 1:29K Force Protection Inc. 2/02/09 SEC UPLOAD¶ 10/05/17 1:40K Force Protection Inc. 12/23/08 SEC UPLOAD¶ 10/05/17 1:43K Force Protection Inc. |