EXHIBIT 10(a)(iii)
Amendment No. 3 dated as of October 29, 2002 to Employment Agreement dated as of
January 1, 1998 (the "Agreement") by and between Colonial Commercial Corp., a
New York corporation (the "Company") and Xxxxxxx Xxxx, residing at 0 Xxxxxxxx
Xxxx, Xxx. #0X, Xxxx Xxxxx, X.X. 11561)(the "Employee").
PRELIMINARY STATEMENT
The Employee has been employed by the Company under the Agreement for a
term ending at the close of business on December 31, 2003. The Company desires
to insure the continuation of the Employee's employment through December 31,
2005 and the Employee is willing to insure such continuation under the terms of
this amendment to the Agreement.
Accordingly, for good and valuable consideration, the Agreement is
hereby amended as follows:
1. Section 1.02 of the Agreement is amended to read as follows:
The Employee's employment hereunder shall be for a term
commencing as of January 1, 1998 (the "Commencement Date") and
terminating at the close of business on December 31, 2005 (the
"Term").
Except as amended hereby, the Agreement is in full respects ratified
and confirmed.
IN WITNESS WEHREOF, the parties have signed this Amendment as of the
date set forth above.
COLONIAL COMMERCIAL CORP.
By: /S/ XXXXX X. XXXXXXX
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Xxxxx X. Xxxxxxx
Executive Vice President
Employee:
/S/ XXXXXXX XXXX
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Xxxxxxx Xxxx
