Exhibit 10(j)(2) Amendment to Letter of Understanding regarding Non-Executive
Chairman of the Board position and Consulting Agreement dated February 3, 2002
between the Registrant and Xxxxxxx X. Xxxxxx.
February 13, 2002
Xx. Xxxxxxx X. Xxxxxx
0000 X. Xxxxxx Xxxx Xxxx
Xxxxxx, Xxxxxxx 00000
Re: Amendment to Letter of Understanding Dated February 7, 2001
Regarding Non-Executive Chairman Position
Dear Lenny:
As discussed, as a result of the renewal of your employment agreement, the term
of the letter agreement dated February 7, 2001 regarding your prospective role
as Non-Executive Chairman ("Letter Agreement") shall be revised as follows:
1. Length of Term. Upon the completion of your employment under the
revised employment agreement, dated February 3, 2002, you shall
either be reinstated as non-Executive Chairman of the Board or
appointed Executive Chairman for the period commencing February 2, 2003
until the June 2004 Annual Shareholders' meeting in accordance with the
applicable terms outlined in the Letter Agreement.
Except as set forth above, all other terms of such Letter Agreement shall remain
in effect.
Sincerely Yours,
Xxxxxx X. Xxxxxx
Chair - Compensation Committee
Acknowledged and Agreed:
Xxxxxxx X. Xxxxxx: /s/ Xxxxxxx X. Xxxxxx
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