Exhibit 10.39b
AMENDMENT NO. 1 TO
EMPLOYMENT AGREEMENT
FOR XXXXXXX XXXXXXXX
WHEREAS, Semiconductor Components Industries, LLC ("Company") and
Xxxxxxx Xxxxxxxx ("Executive") entered into an Employment Agreement dated as of
April 1, 2002 ("Agreement");
WHEREAS, all defined terms used herein shall have the meanings set
forth in the Agreement unless specifically defined herein;
WHEREAS, Section 2(h)(i) of the Agreement provides for a limit on
Relocation Reimbursements ("Relocation Cap") in clause (G) as follows:
"(G) certain termination charges, forfeitures, fees, penalties and
expenses incurred by the Executive in Belgium associated with his
relocation; provided that the Relocation Reimbursements shall not
exceed $200,000."; and
WHEREAS, the Company and the Executive now wish to amend the Agreement
to increase the Relocation Cap found in Section 2(h)(i)(G) from $200,000 to
$256,000 ("Amendment").
NOW, THEREFORE, for mutual consideration the receipt of which is hereby
acknowledged, the Agreement is hereby amended as follows:
1. Section 2(h)(i) of the Agreement is hereby amended by replacing (G)
of such Section with the following:
"(G) certain termination charges, forfeitures, fees, penalties and
expenses incurred by the Executive in Belgium associated with his
relocation; provided that the Relocation Reimbursements shall not
exceed $256,000."
2. Except as otherwise specifically provided in this Amendment, all terms and
conditions of the Agreement shall remain in full force and effect. All defined
terms used herein and not otherwise defined herein shall have the meanings
ascribed to such terms in the Agreement.
IN WITNESS WHEREOF, the Executive and the Company have executed this Amendment
as of the 20th date of March 2003.
EXECUTIVE: XXXXXXX XXXXXXXX, IN HIS INDIVIDUAL CAPACITY
By: /s/ XXXXXXX XXXXXXXX
-------------------------------------
Name: Xxxxxxx Xxxxxxxx
Title: Senior Vice President of Sales
and Marketing
COMPANY: SEMICONDUCTOR COMPONENTS INDUSTRIES, LLC
By: /s/ XXXXX XXXXXXX
-------------------------------------
Name: Xxxxx Xxxxxxx
Title: CEO