Attached files
file | filename |
---|---|
EX-23.2 - CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM - UNICO AMERICAN CORP | exhibit23-2.htm |
EX-32.2 - CERTIFICATION UNDER SECTION 906 - UNICO AMERICAN CORP | exhibit32-2.htm |
EX-32.1 - CERTIFICATION UNDER SECTION 906 - UNICO AMERICAN CORP | exhibit32-1.htm |
EX-31.2 - CERTIFICATION - UNICO AMERICAN CORP | exhibit31-2.htm |
EX-31.1 - CERTIFICATION - UNICO AMERICAN CORP | exhibit31-1.htm |
EX-23.1 - CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM - UNICO AMERICAN CORP | exhibit23-1.htm |
10-K - FORM 10-K - UNICO AMERICAN CORP | form-10k.htm |
EXHIBIT 10.21
TO:
Unico American Corporation
26050 Mureau Road
Calabasas, CA 91302
Attention: Lester A. Aaron, Executive VP
FROM:
Cary L. Cheldin
26050 Mureau Road
Calabasas, CA 91302
RE: Amendment to Employment Agreement
Pursuant to Section 14 of the “Employment Agreement” entered into on the 17th day of March, 2015, between myself and Unico American Corporation, I, Cary L. Cheldin, hereby agree to waive certain rights and to amend the Employment Agreement as described below.
These waivers are retroactive to January 1, 2016, and shall remain effective from January 1, 2016, until January 1, 2017. Nothing contained in the following waivers shall be construed to require me to reimburse the Company for any compensation, however defined, which has already been paid to me.
Waivers:
1. | I, Cary L. Cheldin, hereby waive my right to the Mandatory Bonus provided under Section 3.2 of the Employment Agreement. |
2. | I, Cary L. Cheldin, hereby waive my right to protection against the Company’s decision, if any, to decrease my annual bonus. |
Furthermore, I hereby agree to amend Section 12 of the Employment Agreement, effective January 1, 2016 and thereafter, so that the notification addresses shall read:
For the Company:
Unico American Corporation
Attention: Secretary
26050 Mureau Road
Calabasas, CA 91302
For the Executive:
Cary L. Cheldin
26050 Mureau Road
Calabasas, CA 91302
By Executive:
/s/ Cary L. Cheldin
Cary L. Cheldin
March 27, 2017
By Company:
/s/ Michael Budnitsky
Michael Budnitsky
March 27, 2017