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EXHIBIT 10.19
January 27, 1999
Xx. Xxxxx X. Xxxxxxxx
0000 Xxxxxx Xxxxx
Xxxxxxxx, XX 00000
Dear Xxx:
This letter is intended to document our agreement to amend the Employment
Agreement between you and Best Software, Inc., dated May 17, 1995 (the
"Agreement") effective as of February 1, 1999, as detailed below.
1. Section 3.1 of the Agreement is deleted and replaced with the following:
Salary. The Company shall pay the Employee, in installments not less
than monthly, an annual base salary of $120,000.00. Such salary shall
be subject to upward adjustment thereafter as determined by the Board,
in its sole discretion, consistent with the annual average rate of
upward adjustment of base salary levels of senior executive employees
of the Company.
2. The second paragraph of Section 2 is deleted.
Except as expressly modified by this letter, all of the terms and
conditions of the Agreement shall remain in full force and effect.
In order for these modifications to become effective, please sign and date
both copies of this letter where indicated and then return one fully executed
copy to me.
Very truly yours,
Xxxxxxx X. Xxxxxxxxx
President and Chief Executive Officer
SEEN AND AGREED TO:
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Xxxxx X. Xxxxxxxx
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