EXHIBIT 10(iii)
AMENDMENT TO
EMPLOYMENT AGREEMENT
Of
XXXXXXX X. XXXXX
This Amendment entered into this 30th day of January, 2002,
by and between STANDEX INTERNATIONAL CORPORATION ("Standex"), a
Delaware corporation and Xxxxxxx X. Xxxxx ("Executive") to amend,
change and modify the Employment Agreement between Standex and
Executive dated May 1, 2000 ("Agreement").
Notwithstanding anything in the Agreement and subsequent
Amendment(s) to the contrary, Standex and Executive agree that
the Agreement shall be modified as follows:
Paragraph 14.B.(iv) be deleted in its entirety and replaced
with the following:
"(iv) The salary and bonus paid under Section 14.B.(i)
shall be deemed the Executive's compensation during
such three additional years for purposes of the
computation of her pension under the Standex
Retirement Plan."
All other terms and conditions of the Agreement, and any
Amendment(s), except those expressly modified herein, shall
remain in full force and effect.
IN WITNESS WHEREOF, the parties hereto have executed this
Amendment as of the date and year first written above.
STANDEX INTERNATIONAL CORPORATION
/s/ Xxxxxx X. Xxxxxxx
By:
___________________________________
Xxxxxx X. Xxxxxxx, Chairman of the
Board/CEO
Attest:
/s/ Xxxxxx X. Xxxxx
_______________________________
Xxxxxx X. Xxxxx, Asst. Secretary
/s/ Xxxxxxx X. Xxxxxxxx /s/ Xxxxxxx X. Xxxxx
_______________________________ ____________________________________
Witness Xxxxxxx X. Xxxxx
