Exhibit 10.79
July 1, 1997
Xx. Xxxxxx X. Xxxxx
0000 Xxxxxxxx Xxxxxx
Xxxxxx, XX 00000
Re: Amendment of Employment Agreement
Dear Xxx,
This letter agreement serves to further amend the employment agreement dated as
of August 23, 1992, by and between you and PolyMedica Industries, Inc. (the
"Company"), as amended by certain letter agreements dated as of March 18, 1993;
March 31, 1994; April 11, 1995; and April 13, 1996 (together, the "Employment
Agreement").
Salary. The Base Salary, as defined in Section 3.1. of the Employment
Agreement, is increased to $135,000 effective August 1, 1997.
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. Xxx
Xxxxxx X. Xxx
Chairman and Chief
Executive Officer
ACCEPTED AND AGREED TO:
/s/ Xxxxxx X. Xxxxx
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Xxxxxx X. Xxxxx