AMENDMENT NO. 1 TO EMPLOYMENT AGREEMENT
This Amendment No. 1 is made to that certain Employment Agreement dated
August 17, 1992 (the "Employment Agreement") between Conseco, Inc. (the
"Company") and Xxxxxx X. Xxxxx ("Executive").
NOW THEREFORE, in consideration of the mutual covenants contained herein
and in the Employment Agreement, Company and Executive agree as follows:
1. Section 2 of the Employment Agreement is hereby amended in its entirety
to read as follows:
"2. Term. The effective date of this Agreement shall be September 1, 1992.
Subject to the provisions for termination as provided in Section 10 hereof, the
term of this Agreement shall be the period beginning September 1, 1992, and
ending December 31, 2001 (hereinafter called the "Basic Employment Period")."
2. Except as modified by this Amendment and any previous addendum or
amendment not in conflict herewith, the parties confirm that the Employment
Agreement remains in full force and effect in accordance with its terms.
IN WITNESS WHEREOF, the Company and Executive have executed this Amendment
to be effective the 12th day of March, 1996.
CONSECO, INC.
By: /s/ Xxxxxxx X. Xxxxxxx
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Xxxxxxx X. Xxxxxxx,
Chairman of the Board
"Company"
/s/ Xxxxxx X. Xxxxx
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Xxxxxx X. Xxxxx
"Executive"
