EXHIBIT 10.01
FOURTH AMENDMENT
TO EMPLOYMENT AGREEMENT
DATED MARCH 25, 1993
Reference is made to the Executive Employment Agreement dated as of March
25, 1993, as amended on March 31, 1995, March 31, 1996 and March 31, 1997 (the
"Agreement") by and between X. Xxxxx, Inc. and Xxxxxxx X. Xxxxx. Pursuant to
paragraph 19 of the Agreement and in order to further amend certain provisions
of the Agreement, the Agreement is hereby amended as follows:
1. Paragraph 3(a) of the Agreement entitled "Compensation" is hereby
amended by deleting the figure "$255,150" in the third line thereof and
inserting in its place the figure "$229,640".
2. Paragraph 6 of the Agreement is hereby amended by deleting the
phrase "ending on April 1, 1998" in the fifth line thereof and inserting in its
place the phrase "ending on April 1, 1999".
3. All other terms of the Agreement shall remain unchanged and continue
in full force and effect.
X. XXXXX, INC.
By: /s/ Xxxx X. Xxxxxxxxx March 31, 1998
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Xxxx X. Xxxxxxxxx Date
President and
Chief Executive Officer
/s/ Xxxxxxx X. Xxxxx March 31, 1998
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Xxxxxxx X. Xxxxx Date