Exhibit 10.30
AMENDMENT NO. 1
TO THE CONSULTING AGREEMENT
BY AND BETWEEN
X.X. FINANCIAL ENTERPRISES, INC.
AND
OPTION CARE, INC.
THIS AMENDMENT NO. 1, is made to that certain Consulting Agreement,
dated as of January 1, 1991 (the "Consulting Agreement"), by and between X.X.
Financial Enterprises, Inc., a Delaware corporation ("X.X. Financial"), and
Option Care, Inc., a Delaware corporation ("OCI").
WITNESSETH:
WHEREAS, X.X. Financial and OCI have previously entered into the
Consulting Agreement pursuant to which X.X. Financial has been providing
consulting services to OCI; and
WHEREAS, X.X. Financial and OCI desire to amend the compensation
provisions of the Consulting Agreement.
NOW, THEREFORE, in consideration of the premises and the respective
covenants and agreements of the Parties herein contained and contained in the
Consulting Agreement, and intending to be legally bound hereby, the Parties
hereto agree as follows:
1. Paragraph 4 "Term and Compensation" is hereby deleted in its entirety
and the following is substituted in its place:
Beginning as of October 1, 1999 and continuing each year thereafter
until this Consulting Agreement is terminated as provided in
Paragraph 6 hereof, X.X. Financial shall provide the Consulting
Services to OCI. In consideration for such Consulting Services,
and effective as of October 1, 1999, each year OCI shall pay to
X.X. Financial the Consulting Fee, payable in four equal
installments due in arrears on the last business day of March,
June, October, and December, respectively, of the year in question.
The Consulting Fee shall be in an amount equal to $175,000 per
year and shall remain at that level until changed by mutual
agreement of the Parties.
2. In all other respects, the Consulting Agreement is hereby ratified
and confirmed.
IN WITNESS WHEREOF, and intending to be legally bound hereby, the
undersigned Parties have caused this Amendment No. 1 to the Consulting
Agreement to be duly executed as of the 1st day of October, 1999.
OPTION CARE, INC.
By:
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Name:
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Title:
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X.X. FINANCIAL ENTERPRISES, INC.
By:
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Xxxx X. Xxxxxx, President
