1
EXHIBIT 10.66
September 22, 1998
Xxxxxx X. Xxxxxxxxx, Ph.D.
0 Xxxxx Xxxxx
Xxxxxxxxxx, XX 00000
Re: Amendment of Employment Agreement
---------------------------------
Dear Art,
This letter agreement serves to further amend the employment agreement dated as
of May 16, 1990, by and between you and PolyMedica Industries, Inc. (the
"Company"), as amended by certain letter agreements dated as of June 1, 1991;
December 5, 1991; March 18, 1993; March 31, 1994; April 11, 1995; April 3, 1996;
July 1, 1997; and July 1, 1998 (together, the "Employment Agreement").
SALARY. The Base Salary, as defined in Section 3.1. of the Employment
Agreement, shall be increased to $258,500 effective August 1, 1998.
If the foregoing is acceptable to you, please indicate your agreement by signing
a copy of this letter agreement and returning it to the undersigned.
Very truly yours,
/s/ Xxxxxx X. Xxx
------------------------------------
Xxxxxx X. Xxx
Chairman and Chief Executive Officer
ACCEPTED AND AGREED TO:
/s/ Xxxxxx X. Xxxxxxxxx
-------------------------------
Xxxxxx X. Xxxxxxxxx
