Amendment
To the
Employment Agreement
This Amendment, dated as of January 21, 2005, to the Employment
Agreement, dated as of July 1, 1999 (the Employment Agreement") between General
Physics Corporation, a Delaware corporation, with principal executive offices at
0000 Xxxxxxxxx Xxxxx, Xxxxxxxx, XX 00000 (the "Company"), and Xxxxxxx X. Xxxxx
residing at 0000 Xxxxx Xxx, Xxxxxxxx, Xxxxxxxx 00000 ("Employee").
WHEREAS, the Company and Employee wish to amend the Employment
Agreement to modify the term of the Employment Agreement.
NOW, THEREFORE, intending to be legally bound, and for and in
consideration of the mutual covenants set forth herein, the parties hereto agree
to amend the Employment Agreement as follows:
1. Section 3 of the Employment Agreement is hereby amended by replacing
Section 3 with the following new paragraph:
"Unless sooner terminated in accordance with the provisions of this
Agreement, the term of employment of Employee by the Company pursuant
to this Agreement shall be for the period (the "Employment Period")
commencing on the date hereof and ending on June 30, 2008."
2. Except as otherwise amended hereby, the Employment Agreement shall
remain unamended and in full force and effect.
GENERAL PHYSICS CORPORATION
By:______________________________
Xxxxx X. Xxxxxxxxx
Chief Executive Officer
Xxxxxxx X. Xxxxx
Employee