EXHIBIT 10.47
Xxxxxx X. Xxxxxxxxx, Ph.D.
00 Xxxx Xxxxx Xxxx
Xxxxxxxxxx, XX 00000
Re: AMENDMENT TO EXECUTIVE EMPLOYMENT AGREEMENT
Dear Art,
This letter agreement serves to further amend the Amended Executive Employment
Agreement dated as of April 1, 2001, by and between you and PolyMedica
Corporation (the "Company") as amended on June 8, 2001 and September 25, 2001
(together, the "Executive Employment Agreement").
SALARY. The Base Salary, as defined in Section 3.1 of the Amended
Executive Employment Agreement, shall be increased to $417,000
effective April 1, 2002.
If the foregoing is acceptable to you, please indicate your agreement by signing
a copy of this letter agreement and returning it to the undersigned.
Very truly yours,
/s/ Xxxxxx X. Xxx
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Xxxxxx X. Xxx
Chairman and Chief Executive Officer
ACCEPTED AND AGREED TO:
/s/ Xxxxxx X. Xxxxxxxxx
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Xxxxxx X. Xxxxxxxxx
