Exhibit 10.2
AMENDMENT NO. 1 TO EMPLOYMENT AGREEMENT
This Amendment No. 1 to Employment Agreement (this "Amendment") is made and
entered into as of January 1, 2004, by and between Xxxxxx Co., a Pennsylvania
corporation (the "Company"), and Xxxxx X. O'Coin ("Executive").
WHEREAS, the Company and Executive desire to enter into this Amendment to
certain terms of the Employment Agreement dated as of March 12, 2002 (the
"Agreement").
NOW THEREFORE, the Company and Executive agree as follows:
1. PLACE AND TERM OF EMPLOYMENT
Section 2(b) of the Agreement shall be amended by deleting such section in
its entirety and replacing it with the following:
(b) Subject to Section 6 hereunder, the term of this Agreement shall
be through December 31, 2006. This Employment Agreement shall be
automatically renewed for successive one (1) year periods thereafter unless
either party gives notice otherwise within 12 months, but not less than 6
months prior to an expiration.
2. REMAINING PROVISIONS.
All provisions of the Agreement not otherwise amended by this Amendment
shall remain in full force and effect.
IN WITNESS WHEREOF, this Amendment has been duly executed as of the day and
year first above written.
XXXXXX CO., a Pennsylvania
Corporation
By: /s/ Xxxxxx X. Xxxxxx
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Name: Xxxxxx X. Xxxxxx
Title: President and CEO
EXECUTIVE
/s/ Xxxxx X. O'Coin
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Xxxxx X. O'Coin
