Exhibit 10.14
AMENDMENT AGREEMENT
AMENDMENT AGREEMENT, dated as of January 1, 1997, by and between
ENAMELON, INC., a Delaware corporation, having Its principal place of business
at 00 Xxxxxxx Xxxxxx, Xxxxxxx Xxx Xxxx 00000 (the "Company"), and X. XXXXXX
XXXX, residing at 00 Xxxxxx Xxxx Xxxx, Xxxxxxx Xxxx, Xxx Xxxx 00000 (the
"Employee").
The Company and the Employee are parties to an Amended and Restated
Employment Agreement, dated June 1, 1995 (the "Employment Agreement") and have
agreed to amend the Employment Agreement as herein provided. Capitalized terms
used herein shall have the meanings set forth in the Employment Agreement unless
otherwise defined herein.
NOW, THEREFORE, in consideration of the mutual covenants and agreements
herein set forth, and for other good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, the parties hereto hereby agree as
follows:
I . Section 4(f) of the Employment Agreement is hereby deleted in its
entirely and the following new Section 4(f) is hereby inserted in lieu thereof
(f) Until the earlier of (i) the termination of this
Agreement, (ii) the Employee's relocation to a permanent
residence
that is located within 100 miles of the Company's principal
office facility (presently located at 000 Xxxxx 00, Xxxx
Xxxxxxxxx, Xxx Xxxxxx), xx (iii) June 1, 1997, the Company
shall reimburse the Employee for rent on any temporary
residence maintained by the Employee within 100 miles of the
Company's principal office facility. In addition, the Company
shall pay the Employee $10,000 to cover relocation expenses
upon his permanent relocation within 100 miles of the
Company's principal office facility.
2. The terms "this Agreement," "hereof," "hereunder" and words of like
meaning appearing in the Employment Agreement shall mean and refer to the
Employment Agreement as amended hereby.
3. Except as otherwise amended by this Amendment Agreement, the
Employment Agreement shall remain in full force and effect and the Company and
the Employee each hereby reaffirm each of their respective agreements, covenants
and obligations set forth therein.
IN WITNESS WHEREOF, the panics hereto have executed this Amendment
Agreement as of the date above written.
ENAMELON, INC.
By: /s/ Xxxxxx X. Xxx
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Xxxxxx X. Xxx, Chairman
/s/ X. Xxxxxx Xxxx
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X. Xxxxxx Xxxx
