EXHIBIT 10.19
Xxxxxxx Xxxxxxx
Employment Agreement
Amendment Xx. 0
Xxxxxxxxx Xx. 0, dated as of November 20, 2002, to the employment
agreement dated as of January 21, 1994 between Celadon Group, Inc., a Delaware
corporation (the "Company"), and Xxxxxxx Xxxxxxx ("Employee"), as amended by the
amendments dated as of February 12, 1997, August 1, 1997, July 26, 2000 and
April 4, 2002 (the "Employment Agreement").
The parties wish to amend the Employment Agreement as set forth below.
Accordingly, the parties agree as follows:
1. Section 1 of the Employment Agreement is amended in its
entirety to read as follows:
"The Company agrees to continue to employ Employee,
and Employee agrees to continue to serve, on the terms and
conditions of this Agreement for a period commencing on the
date hereof and ending on January 21, 2006. The period during
which Employee is employed hereunder is hereinafter referred
to as the "Employment Period." The Employment Period shall be
automatically renewed for successive two-year terms unless
either party gives written notice to the other at least 90
days prior to the expiration of the then Employment Period, of
such party's intention to terminate Employee's employment
hereunder at the end of the then current Employment Period."
2. Agreement Otherwise Unchanged. The Employment agreement, as so
amended, shall remain in full force and effect.
3. Counterparts. This amendment may be executed in counterparts,
each of which shall be deemed an original, but both of which
together shall constitute the same agreement.
CELADON GROUP, INC.
By: /s/ Xxxx X. Will
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Name: Xxxx X. Will
Title: Executive Vice President
By: /s/ Xxxxxxx Xxxxxx
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Name: Xxxxxxx Xxxxxx
Title: Chairman of Compensation Committee
By: /s/ Xxxxxxx Xxxxxxx
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Name: Xxxxxxx Xxxxxxx
