1
EXHIBIT 10.14(K)
RESOURCE BANCSHARES MORTGAGE GROUP, INC.
0000 XXXXXXXX XXXX
XXXXXXXX, XXXXX XXXXXXXX 00000
June 25, 2001
Xx. Xxxxxxx X. Xxxxxxx, Chairman
and Chief Executive Officer
Resource Bancshares Mortgage Group, Inc.
0000 Xxxxxxxx Xxxx
Xxxxxxxx, XX 00000
Dear Xxxx:
Based upon your performance as Chief Executive Officer, Resource Bancshares
Mortgage Group, Inc. is pleased to amend your Employment Agreement dated January
10, 2000 to extend the term of your employment for one additional year.
Accordingly, the date "December 31, 2001" appearing in Section 3 thereof is
hereby amended to read "December 31, 2002." As amended hereby, the Employment
Agreement shall continue in full force and effect.
If you are in agreement with the amendment to your Employment Agreement set
forth above, please so indicate by signing this letter in the space provided
below and returning it to the undersigned.
Sincerely,
Resource Bancshares Mortgage Group, Inc.
By: /s/ Xxxxxx X. Cable
---------------------------------
Xxxxxx X. Cable
Chairman Compensation Committee.
Agreed to and accepted:
/s/ Xxxxxxx X. Xxxxxxx
------------------------------------
Xxxxxxx X. Xxxxxxx