EXHIBIT 10(viii)
September 15, 2000
Xx. Xxxxxxx Xxxxxxxxxxxx
Dear Xxxxxxx:
We are writing to amend, effective October 1, 2000, the agreement between
you and Garan, Incorporated ("Garan") originally entered into as of October 1,
1986, and subsequently amended and restated (the agreement, as amended and
restated and now again amended, "Employment and Consulting Agreement"), with
respect to your (i) continuing employment by Xxxxx and (ii) retention by Xxxxx
as a consultant. We have agreed that:
A. Section 1.3, Period of Employment, shall be amended to read as
follows:
"Your employment under this Employment and Consulting
Agreement shall be for a term ("Employment Term") ending September 30, 2003
("Term End")."
B. Section 3.2, Termination by Garan Other Than for Cause, shall be
amended (i) by changing the date in the first paragraph from "October 1, 2000"
to "October 1, 2003", and (ii) by changing the date in Paragraph 3.2.b from
"September 30, 2000" to September 30, 2003."
C. In all other respects, the Employment and Consulting Agreement
shall be unchanged.
If the foregoing correctly sets forth our agreement, please sign and
return the enclosed copy of this letter.
Sincerely,
GARAN, INCORPORATED
By: /s/ Xxxxxx Xxxxxx
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Xxxxxx Xxxxxx, President
AGREED AND ACCEPTED:
/s/ Xxxxxxx Xxxxxxxxxxxx
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Xxxxxxx Xxxxxxxxxxxx
