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Exhibit 10(pp)
December 10, 1998
Xxxxxxx X. Xxxx
00 Xxxxxxxxxx Xxxxx
Xxxxxxxxx, XX 00000
Dear Xxxx:
This letter will serve to amend the letter agreement dated June 26, 1998,
between you and Oxford Health Plans, Inc. (the "Corporation") by deleting the
date "January 1, 1999" in the first and second, fourth and eighth lines of the
third paragraph thereof, and replacing such date in each such instance with the
date "January 1, 2000". A copy of the letter agreement is attached hereto for
reference.
We acknowledge that this letter is being entered into in consideration of
your continued employment with the Corporation and that your Employment
Agreement dated as of August 14, 1996, and amended as of February 23, 1998, and
the letter agreement dated June 26, 1998, as amended by this letter agreement,
shall remain in full force and effect.
Sincerely,
/s/ XXXXXX X. XXXXXX, M.D.
Xxxxxx X. Xxxxxx, M.D.
Chief Executive Officer
Agreed and Accepted:
/s/ XXXXXXX X. XXXX
-----------------------------
Xxxxxxx X. Xxxx
Date: December 10, 1998
NCP/bh
Attachment