EXHIBIT 10.2
AMENDMENT TO
NOVEMBER 2002
JULY 16, 2003
THIS AMENDMENT TO NOVEMBER 2000 AGREEMENT (this "Amendment") is made in
Medina, Ohio and is entered effective as of July 16, 2003, by and between
Corrpro Companies, Inc., an Ohio corporation (the "Company"), Commonwealth
Xxxxxx Holdings Ltd, Corrtech Consulting Group, and Xxxxx X. Xxxxxxxx
("Executive").
WITNESSETH:
Whereas, the Company, Commonwealth Xxxxxx Holdings Ltd, Corrtech
Consulting Group, and Executive are party to that Agreement dated as of November
2, 2000 (the "November 2000 Agreement") that was executed in connection with the
Consulting Agreement (as defined in the November 2000 Agreement);
Whereas, the Company and Executive wish to amend the November 2000
Agreement to extend the stated term of the November 2000 Agreement in accordance
with this Amendment;
In consideration of the recitals, the mutual covenants and agreements
contained in this Amendment, and other good and valuable consideration, the
parties agree as follows:
Section 1 (a), "Term," of the November 2000 Agreement is hereby amended
to read:
(a) Term. Executive has been elected by Corrpro and agrees to
serve as Executive Vice President of Corrpro, subject to the
provisions of this Agreement, for the period effective
November 2, 2000 and ending on March 31, 2005. This Agreement
at all times may otherwise be terminated in accordance with
the provisions hereof.
Except as amended by this Amendment, all other terms and provisions of the
November 2000 Agreement, which the parties hereby ratify, shall remain in full
force and effect.
IN WITNESS WHEREOF, the parties have executed this Agreement as of the
date and year first above written.
Corrpro Companies Inc. Commonwealth Xxxxxx Holdings Ltd
By: By:
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Corrtech Consulting Group Executive
By:
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