Re: Rick Smith's contract may get extended...
This is a business. And Rick Smith has been a major contributor to this business's significant improvement. Now unless you want to wait around, and like Fanatic said, have your competitors pricing him out of sight, you pay him now.
And I still don't understand what you meant by, "I'm afraid to."
Afraid of what???
Like T.C. said, if he starts screwing up - which I don't see happening - fire him.