EXHIBIT 10.1
FIRST ADDENDUM TO CONSULTING AGREEMENT
THIS ADDENDUM (this "Addendum")to the Consulting Agreement (the
"Agreement"), dated August 5, 2002, by and between PSYCHIATRIC SOLUTIONS, INC.,
a Delaware corporation (the "Company") and XXXXX XXXXXX (the "Consultant").
RECITALS
WHEREAS, the parties, Psychiatric Solutions, Inc. and Xxxxx Xxxxxx, wish
to amend the consultant agreement entered into between those parties on the 5th
day of August 2002. They hereby agree to the following:
1. SECTION III, PART A, TERMS AND DUTIES shall be replaced in its
entirety and shall read as follows;
Consulting Period. The Consultant's duties under this Agreement
extension shall be for a period of one year commencing August 5,
2003 and continuing through August 4, 2004. (Consulting period
extension.)
2. SECTION IV COMPENSATION AND BENEFITS
The annual base salary of $67,200 shall be changed to $72,000.
All other sections of this Agreement shall remain in full force and effect
for the period of this extension.
IN WITNESS WHEREOF, the undersigned have executed this extension as of
August 5, 2003.
COMPANY:
PSYCHIATRIC SOLUTIONS, INC.
By: /s/ Xxxx X. Xxxxxx
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Xxxx X. Xxxxxx
President & Chief Executive
Officer
CONSULTANT:
/s/ Xxxxx Xxxxxx
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Xxxxx Xxxxxx
