These excerpts taken from the GVHR 10-K filed Apr 30, 2009.
Arrangements with Executive OfficersGeneral Severance
Although we do not have employment agreements with any of our named executive officers, except for Mr. Lavington, all our named executive officers are eligible to receive general severance/salary continuation in the event their employment is terminated by us for other than cause and provided the named executive officer executes a full and complete general release, as agreed to in their offers of employment with us. For a further description, see Potential Payments Upon Termination or Change in Control, below.
Although we do