This Employment Agreement ("Agreement"), made as of the 1ST day of May 2002, is by and between Micropac
Industries, Inc., a Delaware corporation (the "Company") and Connie Wood , an individual and resident of Texas
(the "Employee") (the Company and the Employee herein referred to collectively as the "Parties").
WHEREAS, Employee is the President and Chief Executive Officer of the Company.
WHEREAS, the Company desires to retain the employment of the Employee and the Employee desires to
continue her employment with the Company under the terms and conditions as hereinafter set forth,
NOW, THEREFORE, in consideration of the mutual covenants contained herein, the Parties hereto agree as
1. EMPLOYMENT. The Company hereby employs the Employee in the capacity of President and Chief
Executive Officer, and the Employee hereby accepts such employment upon the terms and conditions hereinafter
2. TERM. Subject to the provisions for termination hereinafter set forth in Paragraph 13, the term of this
Agreement ("Term") shall commence from the date set forth above, and shall continue until termination occurs.
(a) During the term of this Agreement, the Company agrees to provide Employee with training and information
(much, if not all, of which is confidential and/or proprietary and/or contains trade secrets of the Company) which
will enable Employee to perform her job duties.
(b) The Employee agrees to perform the duties normally performed by the President and Chief Executive Officer
of a Corporation and to perform such duties as are assigned to her from time to time by the Board of Directors of
the Company, or any other person authorized by the Board of Directors. The Employee agrees to perform such
duties faithfully and to the best of her ability and to devote a reasonable portion of her time to the conduct of the
4. ACTIONS REQUIRING APPROVAL. The following actions by the Employee shall require the prior writ