AMENDMENT No. 6, dated as of January 3, 2001, to the Employment
Agreement, made as of the third day of April 1985, and effective as of March 1,
1985 (as amended by amendments, dated as of September 25, 1990, September 30,
1991, September 25, 1992, February 3, 1993, and September 11, 1998, the
"Agreement"), by and between American Technical Ceramics Corp., a Delaware
corporation (the "Company") and Xxxxxx Xxxxxxx ("Employee").
WITNESSETH:
WHEREAS, Employee is employed as President and Chief Executive Officer
of the Company pursuant to the Agreement;
WHEREAS, The Company and the Employee desire to amend the agreement as
hereinafter provided:
NOW, THEREFORE, the parties hereto agree as follows:
Section 5 (a) of the Agreement is hereby amended by replacing Section
5 (a) of the Agreement in its entirety to read as follows:
(a) As incentive compensation ("Incentive Compensation"), the Company
shall pay to the Employee an amount equal to two and one half
percent (2 1/2%) of the Company's "Pre-tax Profits" (as
calculated under Section 5 (b) and 5 (c)) for each fiscal year of
the Company during the term hereof effective with the Company's
fiscal year ending June 30, 2001.
IN WITNESS WHEREOF, the parties have caused this Amendment No. 6 to be
duly executed and delivered as of January 3, 2001.
AMERICAN TECHNICAL CERAMICS CORP.
-----------------------------------------------
Xxxxxxxx X. Xxxxx
Vice President, Administration, Corp. Secretary
-----------------------------------------------
Xxxxxx Xxxxxxx
