Attached files
file | filename |
---|---|
EX-17.1 - RESIGNATION NOTICE - WESCORP ENERGY INC | exhibit17-1.htm |
8-K - CURRENT REPORT - WESCORP ENERGY INC | form8k.htm |
Exhibit 17.2
-----Original Message-----
From: Biles Douglas
[mailto:douglas.biles@gmail.com]
Sent: Sunday, November 20, 2011 5:46
PM
To: Power Rob; De Smedt Jos; Norris Mark
Cc: Talesnick, Alan; Crozier
Mike; Miciak Blaine
Subject: Formal Notice
Gentlemen
As the Board terminated my Employment Agreement as of midnight November 14, I am entitled to the following:
a. |
Pursuant to each of Articles 9.31 and 9.32 the sum of $360,000 for a total of $720,000, which pursuant to Article 9.4 is to be paid in cash not later than 20 days after termination (December 4) | |
b. |
Payment of outstanding wages to November 15, being $142,500 | |
c. |
Payment for unused vacation being $30,000 | |
d. |
Payment of outstanding expenses being an estimated $125,000. Final amount to be verified by Blaine Miciak, Wescorps Controller . |
Yours truly | |
Douglas Biles |