EX-10.(A)(2) 2 rrd126852_15415.htm AMENDMENT TO EMPLOYMENT CONTRACT FOR DR. NICHOLAS D. TRBOVICH, CHIEF EXECUTIVE OFFICER As of May 1, 1996

Exhibit 10(A)(2)

[Servotronics, Inc. Letterhead]

 

 

August 4, 2006

Dr. Nicholas D. Trbovich (Nicholas D. Trbovich, Sr.)
28 Tanglewood Drive, West
Orchard Park, NY 14127

Dear Dr. Nicholas D. Trbovich (Nicholas D. Trbovich, Sr.):

You and Servotronics, Inc. (the "Company") are parties to an Employment Agreement, dated July 1, 2005 and ratified on June 30, 2006 (the "Agreement") pursuant to which you are employed by the Company. This letter confirms such "Agreement" and subsequent ratification.

This letter will also confirm your agreement and that of the Company (pursuant to a resolution of the Board of Directors passed at a meeting held on June 30, 2006) to amend Paragraph 3 of the Agreement to delete "$397,400" and insert in its place "$412,300" (to be effective May 1, 2006) subject to your acceptance which will be indicated by your signature below.

If the foregoing meets with your approval and you are willing to become bound hereby, will you please sign and return to the undersigned the enclosed copy of this letter.

Very truly yours,

SERVOTRONICS, INC.

/s/ Michael D. Trbovich

Michael D. Trbovich,
Corporate Secretary

 

ACCEPTED AND AGREED

/s/ Dr. Nicholas D. Trbovich
Dr. Nicholas D. Trbovich
(Nicholas D. Trbovich, Sr.)

August 4, 2006
Date