Exhibit 10.2
AMENDMENT NUMBER ONE
THIS AMENDMENT NUMBER ONE, dated August 2, 2001, is by and between
Hilb, Xxxxx and Xxxxxxxx Company, a Virginia corporation ("HRH"), and Xxxxxx X.
Xxxxxxx, III of Henrico County, Virginia ("Executive").
W I T N E S S E T H :
WHEREAS, HRH and Executive have heretofore entered into a certain
Employment Agreement dated as of March 29, 1999 (the "Agreement"); and
WHEREAS, HRH and Executive desire to make amendments to the Agreement
as set forth below.
NOW, THEREFORE, in consideration of the premises and covenants
contained herein, and intending to be legally bound, the parties hereby agree as
follows:
1. For all purposes therein, Section I (A) of the Agreement is
hereby amended by deleting the three (3) year term of the Agreement and
substituting in lieu thereof a six (6) year term expiring May 3, 2005.
2. All other provisions or terms of the Agreement are hereby
ratified and confirmed.
3. The effective date of this Amendment Number One is July 30,
2001.
IN WITNESS WHEREOF, HRH has caused this Amendment Number One to be
executed by its duly authorized representative and Executive has hereunto set
his hand and seal, all as of the day and year first above written.
HILB, XXXXX AND XXXXXXXX COMPANY
By: /s/ Xxxxxx X. Xxxxx
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Title: Chairman and Chief Executive Officer
EXECUTIVE
/s/ Xxxxxx X. Xxxxxxx, III (SEAL)
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Xxxxxx X. Xxxxxxx, III
