Exhibit 10.18
AMENDMENT TO RETENTION AGREEMENT
Pursuant to this Amendment, effective July 9, 1999, the Retention
Agreement between Xxxxxxx X. Xxxxxxxx (you) and Xxxxxxx Xxxxxx Associates Group
Inc. is amended as follows:
It is agreed that the Corporate Reorganization on or about June 1, 1999
is deemed to constitute an event that is or would constitute Good Reason as
defined in Paragraph 19(k). The time within which you may terminate employment
for the June 1, 1999 Good Reason and trigger Severance Benefits under the
Agreement is hereby extended to December 31, 1999. All other provisions of the
Agreement remain in full force and effect.
Date July 30, 1999 /s/ Xxxxxx Xxxxxxxx
Xxxxxx Xxxxxxxx
President - Chief Executive Officer
Date August 2, 1999 /s/ Xxxx Xxxxxxxx
Xxxxxxx X. Xxxxxxxx
