EX-99.E.11 8 y64836d9exv99wew11.txt LETTER AGREEMENT Exhibit (e)(11) October 22, 2002 Paravant Inc. 89 Headquarters Plaza North Suite 1421 Morristown, New Jersey 07960 Re: Employment Agreement dated March 20, 2002 Dear Sirs: In connection with the above-referenced Employment Agreement (the "Agreement") between the undersigned and Paravant Inc. (the "Company"), this letter is intended to acknowledge that the undersigned hereby relinquishes and waives his rights under Section 15 of the Agreement to receive additional severance benefits under Section 9 thereof if the undersigned's employment by the Company is terminated "without cause" during the first one year following the change of control and to voluntarily resign and receive a total severance of 2 years base salary upon acceptance of a two year covenant not to compete following a change of control. Capitalized terms used in this letter and not otherwise defined shall have the meanings ascribed to such terms in the Agreement. Except as modified hereby, the terms and provisions of the Agreement shall continue in full force and effect. /s/ William R. Craven --------------------------------- William R. Craven ACKNOWLEDGED AND AGREED TO: PARAVANT INC. By: /s/ John C. Zisko -------------------------------- Name: John C. Zisko ------------------------------ Title: Chief Financial Officer ------------------------------