SETTLEMENT AGREEMENT

Approved For Release 2011/07/20 : CIA-RDP61-00763A000200110169-5 ~~ ~-r ‘ SETTLEMENT AGRERSENT WHEREAS, thet certain Agreement of Employment between Buployer end Buployee dated 1s being mutually terminated as of -— Them WHEREAS, a new Agreement of Huploynent 1s being entered into between Buployer and Buployee, to became effective NOW, THEREFORE, Employer and Buployee hereby further agree to the following in settlement of the old Agreement of Employment first mentioned abover 1. Buployer shall pey Buployee $_ in settlement of days of accumilated leave not taken as of ats —— ® per day). 2. Vacation tine earned but not taken as of amounting to calendar days, shall be taken within 1%ty days Tolloving the effective dae Of the now Agreement. During such vacation, Buployee shall be pedd his salary under said new Agreement of Buploynent, but such vacation tine shall not be counted ns service time for any other purpose under said new Agreement, of Brploynent. Buployee will be provided transportation to Burbank, California end returned to bis assigned place of duty st mo cost to him for the purpose of taking such vacation. If Buployee wishes to take such vacation at another location he shall outline his itinerary in vriting and to the extent that such itinerary is spproved by Buployor and concurred in by the Goverment in writing, his transportation to such alternate location and return shall be without cost to hin. 3. Buployer chall pey Buployee the unpaid balence of Overseas Differential earned under the old Agreement of Buployment. k, Concurrently with this Settlement Agreement, Employee shall sion said nev Agreement of Buployment. LOCKED ATRCRAFT CORPORATION Witness to Signature of Buployee By, — Toles ® The rate per day to be filled in for each settlement vill be; for Neshantcs $31.00, Crev Chiefs & Inspectors $34.57, Murphy $39.29 md. Johason $2.10 Approved For Release 2011/07/20 CIA-RDP61-00763A000200110169-5