Amendment of the Employment Agreement. The Parties hereby acknowledge the accuracy of the foregoing Background Information and hereby agree as follows:
Amendment of the Employment Agreement. The Parties hereto hereby agree that the Employment Agreement shall be amended as follows, effective as of the IPO Closing Date, subject to the closing of the IPO:
Amendment of the Employment Agreement. 4.01 The Executives agree to continue employment under the terms of the Agreement until 2002 as if no breach of the Agreement occurred.
Amendment of the Employment Agreement. The Employment Agreement is hereby amended as follows:
Amendment of the Employment Agreement. Section 4 of the Employment Agreement is deleted in its entirety.
Amendment of the Employment Agreement. The Employment Agreement is hereby amended, effective as of the Merger Effective Date, as set forth below, and the Company will not be obligated to pay, and the Employee will not be entitled to receive, any payments that were set forth previously under the provisions of the Employment Agreement that are being deleted hereby. Capitalized terms used and not otherwise defined herein shall have the same meaning as provided for in the Employment Agreement.
Amendment of the Employment Agreement. In consideration of Employee's surrender of the Options, the Company hereby extends Employee's employment with the Company in accordance with the Amendment to Employment and Noncompetition Agreement in the form attached hereto as EXHIBIT C.
Amendment of the Employment Agreement. Section 1.1 of the Employment Agreement is hereby amended and restated to read in its entirety as follows:
Amendment of the Employment Agreement. 2. With effect from the signing date of this agreement until the Termination Date the Executive will provide services to the Company and the Group described in Annex 2 and such other services as may be agreed between the Company and the Executive (the Services). The place of work will be determined from time to time in consultation between the Parties. The Parties agree that clauses 1 and 2 of the Employment Agreement are hereby amended accordingly.
Amendment of the Employment Agreement. The Company and the Employee hereby agree that, promptly after this Release has become final and irrevocable, the Company and the Employee shall enter into an amendment to the Employment Agreement, which amendment shall be substantially in the form attached hereto as Exhibit A.
