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EXHIBIT 10
AMENDMENT TO XXXXXXX EMPLOYMENT AGREEMENT
Amendment No. 2 dated as of January 3, 1997, among FTD Corporation a
Delaware corporation ("FTD Corporation"), Florists' Transworld Delivery, Inc.,
a Michigan corporation (the "Company") and Xxxxxxxx X. Xxxxxxx (the
"Executive"), amending the Employment Agreement dated as of March 31, 1995 (as
amended, the "Agreement"), among FTD Corporation (formerly known as Perry
Capital Corp.), FTD and the Executive.
WITNESSETH:
WHEREAS, Executive, FTD Corporation and FTD deem it to be
in their respective best interests to amend certain terms and provisions of the
Agreement as set forth in this Amendment No. 2.
NOW, THEREFORE, in consideration of the premises and the
mutual promises and agreements contained herein, it is hereby agreed as follows:
1. Definitions. All terms used xxxxx which are
defined in the Agreement and not otherwise defined herein are
used herein s defined therein.
2. Amendment of Section 3(b) of the Agreement.
Subsections (b)(iii) of Section 3 of the Agreement is hereby
deleted in its entirety.
3. Section 5 of the Agreement. Notwithstanding
anything to the contrary contained in Section 5 of the
Agreement, the parties hereto hereby agree that the Term of
Employment shall expire January 3, 1997.
4. Governing Law. This Amendment No. 2 shall be
governed by and construed in accordance with the internal laws
of the State of Delaware except to the extent governed by
federal law.
5. Counterparts. This Amendment No. 2 may be executed
in counterparts, each of which shall be deemed an original but
all of which together shall constitute one and the same
instrument.
IN WITNESS WHEREOF, the parties herto have executed this
Amendment No. 2 as of the day and year first above written.
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EXECUTIVE FTD CORPORATION
By: /s/ Xxxxxxxx X. Xxxxxxx By: /s/ Xxxxxxx Xxxxx
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Name: Xxxxxxx Xxxxx
Title: Chairman of the Board
FLORISTS' TRANSWORLD
DELIVERY, INC.
By: /s/ Xxxxxxx Xxxxx
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Name: Xxxxxxx Xxxxx
Title: Chairman of the Board