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Exhibit 10.44
AMENDMENT OF EMPLOYMENT AGREEMENT
THIS AMENDMENT TO EMPLOYMENT AGREEMENT, dated as of January 1, 1999 is
by and between American Physician Partners, Inc., a Delaware corporation (the
"Company"), and Xxxx X. Xxxxx (the "Employee").
WHEREAS, the parties to this Amendment entered into that certain
Employment Agreement, dated as of May 20, 1998, (the "Employment Agreement");
and
WHEREAS, the Company and the Employee desire to enter into this
Amendment in order to reflect an increase in the Employee's base salary and to
make certain other amendments;
NOW, THEREFORE, in consideration of the mutual covenants and conditions
set forth herein, the parties hereby agree as follows:
1. The Employment Agreement is hereby amended to delete the existing
Section 3.1 and to add the following as a new Section 3.1:
"Section 3.1 SALARY. For the performance of the Employee's duties
hereunder, the Company shall pay the Employee an annual salary of
$400,000, payable (less required withholdings) no less frequently than
twice monthly."
2. For purposes of delivering notice to the Company, the address that
should be inserted into Section 6.8 for notices to the Company should be amended
to read as follows:
"American Physician Partners, Inc.
3600 Chase Tower, 0000 Xxxx Xxxxxx
Xxxxxx, Xxxxx 00000-0000."
IN WITNESS WHEREOF, the undersigned parties have executed this
Amendment effective as of the date first written above.
AMERICAN PHYSICIAN PARTNERS, INC.
By: /s/ Xxxx X. Xxxxx
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Xxxx X. Xxxxx
General Counsel, Senior
Vice President and Secretary
EMPLOYEE:
By: /s/ Xxxx X. Xxxxx
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Xxxx X.Xxxxx
