EXHIBIT 10.30
THE XXXXXX GROUP, INC.
000 Xxxxxxx Xxxxxxxxx
Xxxxxxx, XX 00000
January 8, 2004
Jordan X. Xxxx
00 Xxxxxx Xxxx
Xxxxxxxxx, XX 00000
Dear Xxxxx:
This letter agreement (this "Letter Agreement") sets forth certain agreements
between The Xxxxxx Group, Inc., a Massachusetts corporation (the "Corporation"),
and Jordan X. Xxxx (the "Executive") with respect to the Executive Employment
and Non-Competition Agreement dated February 1, 2002 by and between the
Corporation and the Executive, as amended by a letter agreement dated March 6,
2003 (as so amended, the "Agreement"). In consideration of the mutual promises
contained herein and in the Agreement, and for other good and valuable
consideration (the receipt and sufficiency of which are hereby acknowledged),
the Corporation and the Executive hereby agree as follows:
1. The "Term" of the Agreement is hereby extended until April 30, 2004, on
and subject to all the terms and provisions of the Agreement, except as
amended and extended hereby; and
2. Section 2 of the Agreement is hereby amended by deleting in its
entirety the last sentence thereof which presently reads "The parties
agree to meet to discuss an extension of the Term hereof and the terms
thereof no later than November 30, 2003."
By its or his respective signature below, each of the Corporation and the
Executive hereby acknowledges and affirms that, (i) except as amended and
extended by this Letter Agreement, all provisions of the Agreement remain in
full force and effect, and (ii) this Letter Agreement shall be deemed a part
thereof for all purposes.
This Letter Agreement is executed as of the date first noted above.
Very truly yours,
THE XXXXXX GROUP, INC. ACCEPTED AND AGREED:
By: /s/ Xxxxx X. Xxxxxx /s/ Xxxxxx Xxxx
--------------------- ---------------
Name: Xxxxx X. Xxxxxx Xxxxxx X. Xxxx
Title: President
