EXHIBIT 10.3
August 29, 2003
Xxxxxxx X. Xxxxxxx
0 Xxxxxx Xxx Xxxx
Xxxxxxxxx, XX 00000
Re: Amendment of Employment Agreement
Dear Xxxxx,
This letter agreement serves to further amend the Employment Agreement dated as
of September 1, 2000, by and between you and PolyMedica Corporation (the
"Company"), as amended by certain letter agreements dated as of April 16, 2001;
September 24, 2001; October 12, 2001; May 31, 2002; July 15, 2002 and February
5, 2003 (together, the "Employment Agreement").
Term of Employment. The Employment Period, as defined in Section 2 of
the Employment Agreement, is extended to August 31, 2004.
If the foregoing is acceptable to you, please indicate your agreement by signing
a copy of this letter agreement and returning it to the undersigned.
Very truly yours,
/s/ Xxxxxx X. Xxxxxxxx
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Xxxxxx X. Xxxxxxxx
Lead Director and
Interim Chief Executive Officer
ACCEPTED AND AGREED TO:
/s/ Xxxxxxx X. Xxxxxxx
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Xxxxxxx X. Xxxxxxx
Senior Vice President and Chief Financial Officer
