Exhibit 10.33
AMENDMENT ONE TO
EMPLOYMENT AGREEMENT
AMENDMENT ONE TO THE EMPLOYMENT AGREEMENT, dated January 2, 2002, by and
between VALOR TELECOMMUNICATIONS, LLC, a Delaware limited liability company, and
its affiliates, subsidiaries, successors or assigns, (the "Company"), and
Xxxxxxx X. Xxxxx, Xx. (the "Employee").
WHEREAS, The Company and the Employee desire to modify the EMPLOYMENT
AGREEMENT in the following manner;
NOW, THEREFORE, for and in consideration of the premises hereof and the
mutual covenants contained herein and in the EMPLOYMENT AGREEMENT dated November
13, 2000, the parties hereto covenant and agree as follows:
1. Restrictive Covenants. Paragraph 9(d) of the EMPLOYMENT AGREEMENT is deleted
in its entirety and the EMPLOYMENT AGREEMENT is amended as follows:
(d) Certain Definitions. For purposes of this Section 9, a person or
entity (including, without limitation, the Employee) shall be deemed to be
a competitor of one or more of the Companies, or a person or entity
(including, without limitation, the Employee) shall be deemed to be
engaging in competition with one or more of the Companies, if such person
or entity conducts, or, to the knowledge of the Employee, plans to conduct,
the Specified Business (as hereinafter defined) as a significant portion of
its business in any of the local telephone exchange markets served by the
Companies. For purposes of this Agreement, "Specified Business" means (A)
providing local telephone service or engaging in a business conducted by
the Company at the time of termination of the Employee's employment with
the Company or (B) conducting, operating, carrying out or engaging in the
business of managing any entity described in clause (A).
2. All other terms of the EMPLOYMENT AGREEMENT shall remain in full force and
effect.
IN WITNESS WHEREOF, the Company and the Employee have duly executed and
delivered this AMENDMENT ONE TO THE EMPLOYMENT AGREEMENT.
VALOR TELECOMMUNICATIONS, LLC
By: /s/ Xxxxxxx X. Xxxx
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Name: Xxxxxxx X. Xxxx
Title: President & CEO
Date: January 2, 2002
/s/ Xxxxxxx X. Xxxxx, Xx.
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Xxxxxxx X. Xxxxx, Xx.
Date: January 2, 2002
