Circuit City 2006 Annual Report Download - page 61

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10. Notices . Any notice, request, instruction or other document to be given hereunder by any party hereto to any other
party shall be in writing and delivered personally, sent by registered or certified mail, postage prepaid.
If to the Employee:
If to the Company:
or at such other address for a party as shall be specified by like notice. Any notice which is delivered personally in the manner
provided herein shall be deemed to have been duly given to the party to whom it is directed upon actual receipt by such party.
Any notice which is addressed and mailed in the manner herein provided shall be conclusively presumed to have been given
to the party to whom it is addressed at the close of business, local time of the recipient, forty-eight hours after the day it is so
placed in the mail.
11. Indemnification; D&O Insurance . The Employee shall be entitled to be indemnified and insured by the Company
against liability and expense relating his employment to the same extent and subject to the same conditions and limitations as
all other executive officers of the Company in accordance with and as authorized by the Company’s Certificate of
Incorporation, by-laws, Board of Directors resolutions and applicable law.
12. Entire Agreement . This Agreement sets forth the entire understanding of the parties hereto with respect to the
subject matter hereof and supersedes all prior agreements, written or oral, between them as to such subject matter. This
Agreement may not be amended, nor may any provision hereof be modified or waived, except by an instrument in writing
duly signed by the party to be charged.
13. Governing Law
. The validity, interpretation, construction and performance of this Agreement shall be governed by
the laws of the State of New York, without regard to the conflicts of law rules thereof.
14. Validity . The invalidity or unenforceability of any provision or provisions of this Agreement shall not affect the
validity or enforceability of any other provision of this Agreement, which shall remain in full force and effect.
15. Counterparts . This Agreement may be executed in two (2) or more counterparts, each of which shall be deemed to
be an original but all of which together will constitute one and the same agreement.
16. Waivers . No waiver by either party of any breach or non-performance of any provision or obligation of this
Agreement shall be deemed to be a waiver of any preceding or succeeding breach of the same or any other provision of this
Agreement.
IN WITNESS WHEREOF, the parties have executed this Agreement as of the date and year first above written.
Lawrence P. Reinhold
PO Box 74
Clarence, NY 14031
Richard Leeds, CEO
Systemax Inc.
11 Harbor Park Drive
Port Washington, N.Y. 11050
Systemax Inc.
By: Richard Leeds
Richard Leeds, Chairman
and CEO
/s/ Lawrence O, Reinhold
Lawrence P. Reinhold