Exhibit 10.30
AMENDMENT TO EMPLOYMENT AGREEMENT
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This Amendment to Employment Agreement dated as of March 27, 2002 (the
"Amendment"), by and between Closure Medical Corporation (formerly known as
Tri-Point Medical Corporation), a Delaware corporation ("Closure") and Xxxxxx X.
Xxxx (the "Employee").
WITNESSETH:
WHEREAS, Closure and the Employee are all of the parties to that certain
Employment Agreement dated as of May 31, 1996 (the "Employment Agreement") and
desire to amend the Employment Agreement as set forth herein.
NOW, THEREFORE, in consideration of the premises and of the mutual
covenants and agreements herein contained, and intending to be legally bound
hereby, the parties hereto do hereby agree as follows (capitalized terms used
but not defined herein have the meanings ascribed to such terms in the
Employment Agreement):
1. Amendment to the Employment Agreement. The second sentence of Section 1.1
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is hereby amended by replacing "sixty (60) days" with "thirty (30) days".
2. Miscellaneous.
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(a) The laws of the State of North Carolina shall govern the validity,
interpretation, construction, performance, and enforcement of this
Amendment, excluding the choice of laws provisions of the State of
North Carolina.
(b) Except as modified herein, all other terms and provisions of the
Employment Agreement (including the Exhibits thereto) are unchanged
and remain in full force and effect.
(c) The captions contained in this Amendment are for convenience of
reference only, shall not be given meaning and do not form a part of
this Amendment.
(d) This Amendment may be executed in counterparts, each of which shall be
deemed an original, but all of which taken together shall constitute
one and the same instrument. This Amendment shall become effective
when each party to this Amendment shall have received a counterpart
hereof signed by the other party to this Amendment.
(e) This Amendment shall be binding upon any permitted assignee,
transferee, successor or assign to any of the parties hereto.
[THIS SPACE INTENTIONALLY LEFT BLANK]
IN WITNESS WHEREOF, the parties have caused this Amendment to be duly
executed by their duly authorized representatives as of the date first written
above.
CLOSURE MEDICAL CORPORATION
By: /s/ Xxxxx Xxxx
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Name: Xxxxx Xxxx
Title: V.P. of Finance and CFO
/s/ Xxxxxx X. Xxxx
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Xxxxxx X. Xxxx
