Exhibit 10.8
CMC HEARTLAND PARTNERS
000 Xxxx Xxxxxxx Xxxxxxxxx
Xxxxxxx, Xxxxxxxx 00000
January 2, 1998
Xx. Xxxxx Xxxxxxxx
0000 Xxxxx Xxxxxxxx Xxxxx
Penthouse A
Xxxxxxx Xxxxx, Xxxxxxx 00000
Re: First Amendment to Employment Agreement
Dear Xx. Xxxxxxxx:
We are writing with respect to your employment by CMC Heartland
Partners (the "Company") as President and Chief Executive Officer of the
Company, pursuant to an Employment Agreement, dated July 2, 1995 (the
"Employment Agreement"), the term of which expires on July 2, 2000. The Company
acknowledges and recognizes the value of your experience and abilities to the
Company since the beginning of your employment with the Company, and the Company
desires to continue to retain and make secure for itself such experience and
abilities through May 30, 2002. Therefore, as of the date hereof, (i) Section 1
of the Employment Agreement is hereby amended to delete the clause "the fifth
anniversary of the date hereof" and substitute therefor the date "May 30, 2002"
and (ii) Section 7(d)(i) of the Employment Agreement is hereby amended to delete
the clause "the fifth anniversary of the date of the commencement of your
employment hereunder" and substitute therefor the date "May 30, 2002". Except
as amended by this letter, the Employment Agreement remains in full force and
effect in accordance with its terms.
If the foregoing is satisfactory, would you please so indicate by
signing and returning to the Company the enclosed copy of this letter whereupon
this will constitute our agreement on the subject.
CMC HEARTLAND PARTNERS
By: Heartland Technology, Inc,
as General Partner
By: /s/ Xxxx X. Xxxxxxxxxx
----------------------------
Name: Xxxx X. Xxxxxxxxxx
Title: Vice President-Finance
ACCEPTED AND AGREED TO:
/s/ Xxxxx Xxxxxxxx
---------------------------
Xxxxx Xxxxxxxx
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