AGREEMENT AMENDMENT

Exhibit 10.3

AGREEMENT AMENDMENT

THIS AGREEMENT AMENDMENT (“AMENDMENT”), is made and entered into by and between Sharps Compliance Corp., having its principle office at 0000 Xxxxx Xxxxx, Xxxxx 000, Xxxxxxx, XX 00000 (hereinafter referred to as the “Company”), and Xxxxx X. Xxxx (hereinafter referred to as the “Executive”).

WITNESSETH

For and in consideration of the mutual promises and covenants herein contained, and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Company and Executive agree to amend the AGREEMENT between the Company and the Executive dated June 9, 2010 and amended on December 2, 2011 (effective November 17, 2011), herein defined as the “Agreement”, as follows:

The Base Salary referred to in the Agreement of $6,730.77 per pay period (twenty-six pay periods per year) is hereby changed to $7,307.69.

IN WITNESSETH WHEREOF, the parties have executed this Agreement the day and year first written below with the amended provisions noted above being effective March 1, 2012.

EXECUTIVE:

____________________

Executive

Date:           Xxxxx 0, 0000

XXXXXXX:

By:           ____________________

Name:           Xxxxx X. Xxxx

Title:           Chief Executive Officer and President

Date:           March 6, 2012