Exhibit 10.41
AMENDMENT TO EMPLOYMENT AGREEMENT
AMENDMENT, effective as of June 26, 2002, to the Employment Agreement
effective as of April 7, 2000 (the "Employment Agreement") between DELTAGEN,
INC., a Delaware corporation ("Company"), and XXXXXXX XXXXXXXX, PH.D.
("Executive").
WHEREAS Company and Executive desire to amend the Employment Agreement as more
fully set forth below.
NOW, THEREFORE, in consideration of the mutual covenants and agreements
contained herein and for other good and valuable consideration, the receipt and
sufficiency of which are hereby specifically acknowledged, Executive and Company
hereby agree as follows:
SECTION 1. Definitions; References. Unless otherwise specifically defined
herein, each term used herein shall have the meaning assigned to such term in
the Employment Agreement.
SECTION 2. Employment Agreement. (a) Section 6.D of the Employment Agreement is
hereby amended by deleting the phrase "nine (9) months" and in its place
substituting the phrase "twelve (12) months" and (b) Section 6.E of the
Employment Agreement is amended by (i) inserting the phrase "and Change of
Control" to the title thereof, (ii) deleting the word "President" and in its
place substituting the word "Chairman" and (iii) adding the following phrase to
the end thereof: "In the event that Executive is terminated for any reason not
specified in Section 6.C above within twelve (12) months following a Change in
Control of the Company (other than for disability or death), such action shall
be deemed to be a termination of Executive without cause pursuant to Section
6.D."
SECTION 3. No Further Amendment. Except as otherwise provided herein, the
Employment Agreement shall remain unchanged and in full force and effect.
SECTION 4. Effect of Amendment. From and after the execution of this Amendment
by the parties hereto, any reference to the Employment Agreement, including
pursuant to such terms as "hereof," "herein," "hereunder," "hereby," and words
of similar import and "this Agreement," shall be deemed a reference to the
Employment Agreement, as amended by this Amendment; provided, that any reference
to the date of the Employment Agreement, as amended hereby, shall in all
instances remain as of April 7, 2000 and references to "the date hereof" and
"the date of this Agreement," and phrases of similar import, shall in all
instances be and continue to refer to April 7, 2000 and not the date of this
Amendment.
IN WITNESS WHEREOF, the parties have caused this Amendment to be duly executed
as of the date first written above.
DELTAGEN, INC.
/s/ Xxxxxxx X. Xxxxxxx
--------------------------------
By: Xxxxxxx X. Xxxxxxx
Title: Chief Financial Officer
EXECUTIVE:
/s/ Xxxxxxx Xxxxxxxx
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Xxxxxxx Xxxxxxxx, Ph.D.
