EX-10 3 ex10.txt NOTICE OF INTENT TO TERMINATE DATED 7/12/00 1 Exhibit 10 July 12, 2000 Board of Directors Enesco Group, Inc. Attn: John Cauley, Chairman 225 Windsor Drive Itasca, Illinois 60143 Dear John: Pursuant to agreements between Stanhome and myself, as confirmed by Bill Tower in his letter to me of August 24, 1998 and his letter to Jeff Hutsell of September 3, 1998 (copies attached), regarding my corporate relocation from Westfield, MA to Itasca, IL, this letter to the Board constitutes the required six months notice of my intention to terminate my employment by Stanhome's successor company, Enesco Group, Inc. As this termination will occur within two years from the date of my relocation, it will effectuate the severance payments, retention benefits and related termination benefits set forth in the governing agreements. Sincerely, /s/ Allan Keirstead Allan Keirstead