FIRST AMENDMENT TO EMPLOYMENT AGREEMENT
Exhibit 10.92
FIRST AMENDMENT TO
THIS AMENDMENT TO EMPLOYMENT AGREEMENT (this “First Amendment”), is made as of September 18, 2015 (the “Amendment Effective Date”), by and between Xxxxxx Pacific Properties, Inc., a Maryland corporation (the “REIT”), Xxxxxx Pacific Properties, L.P., a Maryland limited partnership (the “Operating Partnership”) and Xxxx X. Lammas (the “Executive”). Capitalized terms used and not otherwise defined herein shall have the meanings ascribed to such terms in the Agreement (as defined below).
RECITALS
A. | The REIT, the Operating Partnership and the Executive have entered into an Employment Agreement dated June 27, 2014 (the “Agreement”). |
B. | The parties hereto wish to amend the Agreement as set forth herein. |
AMENDMENT
The parties hereto hereby amend the Agreement as follows, effective as of the Amendment Effective Date.
1. | Section 2(a)(i). Each instance of the phrase “Chief Financial Officer and Treasurer” in Section 2(a)(i) of the Agreement is hereby deleted and replaced in its entirety with the following: |
“Chief Operating Officer, Chief Financial Officer and Treasurer”
2. | This First Amendment shall be and, as of the Amendment Effective Date, is hereby incorporated in and forms a part of, the Agreement. |
3. | Except as expressly provided herein, all terms and conditions of the Agreement shall remain in full force and effect. |
(Signature page follows)
S-1
IN WITNESS WHEREOF, the parties hereto have executed this First Amendment as of the date first written above.
XXXXXX PACIFIC PROPERTIES, INC., | ||||
a Maryland corporation | ||||
By: | /S/ XXXXXX X. XXXXXXX | |||
Name: | Xxxxxx X. Xxxxxxx | |||
Title: | Chief Executive Officer | |||
XXXXXX PACIFIC PROPERTIES, L.P., | ||||
a Maryland limited partnership | ||||
By: | XXXXXX PACIFIC PROPERTIES, INC. | |||
Its: | General Partner | |||
By: | /S/ XXXXXX X. XXXXXXX | |||
Xxxxxx X. Xxxxxxx | ||||
Chief Executive Officer | ||||
“EXECUTIVE” | ||||
/S/ XXXX X. LAMMAS | ||||
Xxxx X. Xxxxxx | ||||
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