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Exhibit 10.11(a)
FIRST AMENDMENT TO EMPLOYMENT AGREEMENT
THIS FIRST AMENDMENT TO EMPLOYMENT AGREEMENT (the "Amendment") is made and
entered into as of the 16th day of September, 1998 by and between UniCapital
Corporation, a Delaware corporation (the "Company"), and Xxxxxxxx New
("Employee").
W I T N E S S E T H:
WHEREAS, the Company and Employee entered into an Employment Agreement (the
"Agreement") dated May 20th, 1998; and
WHEREAS, the parties hereto desire to amend the Agreement in the manner
hereinafter set forth;
NOW THEREFORE, in consideration of Ten Dollars ($10.00) and other good and
valuable consideration, the receipt and sufficiency of which are hereby
acknowledged, the parties intending to be bound legally, hereby agree as
follows:
1. Section 4.1 is hereby amended to read as follows:
"4.1 SALARY. The Employee shall receive an annual salary of Three
Hundred Thousand Dollars ($300,000.00) during the Term of this
Agreement, and such salary shall be payable in installments consistent
with the Company's normal payroll schedule commencing on either the
first or fifteenth day of the month, as the case may be, following the
Effective Date."
Except as otherwise provided in Section 1 hereof, all of the terms and
provisions of the Agreement shall remain unchanged.
IN WITNESS WHEREOF, the Company and Employee have caused this instrument to
be executed the day and year first above written.
UNICAPITAL CORPORATION:
By: /s/ XXXXXXXX X. ROJENSKI
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Title: Chief Operating Officer
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EMPLOYEE:
/s/ XXXXXXXX NEW
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Xxxxxxxx New
