AMENDMENT TO EMPLOYMENT AGREEMENT
THIS AMENDMENT, dated and effective as of the 28th day of November,
2001, to the Employment Agreement (the "Employment Agreement") dated March 1,
2000, by and among Unilab Corporation, a Delaware corporation ("The Company")
and Xxxxx X. Xxx ("Executive"), is entered into for good and valid
consideration, the receipt and sufficiency of which is hereby acknowledged by
the parties hereto.
WHEREAS, The parties desire to modify the terms of Executive's
employment with The Company; and
WHEREAS, The Company and Executive desire to amend the Employment
Agreement to reflect the terms under which Executive will be employed henceforth
by The Company;
NOW, THEREFORE, in consideration of the promises and the mutual
covenants set forth herein, the parties hereto agree that the Employment
Agreement shall be amended as follows:
1. TERM. The term set forth in Section 1 of the Employment Agreement
is hereby amended and extended to continue until March 1, 2004,
unless sooner terminated in accordance with Sections 5 and 6 of
the Employment Agreement. There shall be no further extension of
the Employment Agreement other than by written instrument
executed by both parties hereto.
2. ENTIRE AGREEMENT. This Amendment amends and supercedes Section 1
of the Employment Agreement, as set forth herein, and constitutes
the entire understanding between the parties with respect to the
subject matter hereof, superseding all negotiations, prior
discussions, and preliminary agreements, and in the event of any
conflict between this Amendment and the Employment Agreement as
to the subject matter hereof, the terms hereof shall control.
Neither this Amendment nor the Employment Agreement may be
amended except in a writing executed by the parties hereto.
IN WITNESS WHEREOF, the parties hereto have executed and delivered the
Amendment as of the date first above written.
UNILAB CORPORATION EXECUTIVE
By: /s/ Xxxxxx X. Xxxxxx /s/ Xxxxx X. Xxx
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Xxxxxx X. Xxxxxx Xxxxx X. Xxx
Chief Executive Officer
