EXHIBIT 10.4
AMENDMENT NO. 1 TO TERMS OF EMPLOYMENT
of
XXXXX X. XXXXXXX
with
CONCORD CAMERA CORP.
AMENDMENT NO. 1, dated as of March 2, 2004, to Terms of Employment
effective as of November 11, 2002 (the "Agreement") by and between CONCORD
CAMERA CORP. (the "Company") and XXXXX X. XXXXXXX (the "employee").
FOR GOOD AND VALUABLE CONSIDERATION, the receipt and sufficiency of
which is hereby acknowledged, the Agreement is hereby amended as follows:
1. Section 7(d) of the Agreement is hereby deleted and replaced
in its entirety with the following:
"(d) reimburse the employee for closing costs actually incurred by
him in connection with his purchase of a residence in South
Florida, provided the closing occurs no later than June 15,
2004; and"
2. Except as hereby amended, the Agreement shall continue in full
force and effect.
IN WITNESS WHEREOF, the undersigned have executed this Amendment No. 1
as of the date first above written.
EXECUTIVE: CONCORD CAMERA CORP.
/s/ Xxxxx X. Xxxxxxx By: /s/ Xxxxxxx X. Xxxxxxxxxx
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Xxxxx X. Xxxxxxx Xxxxxxx X. Xxxxxxxxxx
Senior Vice President and
Chief Financial Officer
Date: 3/20/04 Date: 4/7/04
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