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MATTER OF HOWARD INDUSTRIES, INC.

Bankruptcy No. 81-07175.

56 B.R. 5 (1985)

In the Matter of HOWARD INDUSTRIES, INC., a New Jersey Corporation, Hicol, Inc., an Ohio Corporation, and Himac, Inc., Hipax, Inc. and Hiflo, Inc., Texas Corporations, Debtors.

United States Bankruptcy Court, D. New Jersey.

February 14, 1985.

Attorney(s) appearing for the Case

Allan M. Harris, Ravin, Zackin & Greenberg, Roseland, N.J., for debtors.

Louis Andreoli, pro se.

OPINION

D. JOSEPH DeVITO, Bankruptcy Judge.

The above debtor in possession, Howard Industries, moves to reject, pursuant to 11 U.S.C. § 365, an alleged executory contract between the D.I.P. and one Louis Andreoli, a former employee. The contract, executed by the parties on May 31, 1977, contains, among others, the following provision:

Hicol, Inc. does further agree that, providing Andreoli remains employed by Hicol, Inc. the respective monthly...

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