SECOND AMENDMENT TO EMPLOYMENT AGREEMENT
Second Amendment to Employment Agreement (the "Amendment"), dated effective
July 31, 1997, by and between Pentegra Dental Group, Inc., a Delaware
corporation (the "Company"), and Xxxx X. Xxxx, D.D.S. ("Employee").
W I T N E S S E T H
WHEREAS, the parties hereto entered into that certain Employment Agreement
(as amended, the "Employment Agreement") dated July 31, 1997 among the Company
and Employee, and that certain Amendment to Employment Agreement dated effective
July 31, 1997 among the Company and Employee.
WHEREAS, the parties hereto desire to further amend the Employment
Agreement as set forth herein.
NOW, THEREFORE, for and in consideration of the mutual promises and
covenants contained herein and other good and valuable consideration, the
undersigned do hereby agree as follows:
1. Section 4(a) of the Employment Agreement is hereby amended in its
entirety to read as follows:
(a) BASE SALARY. Commencing on the Commencement Date, Employee shall
be entitled to receive a base salary of $87,500.00 per annum or as
increased from time to time by the Board of Directors of the Company or the
Compensation Committee of the Board of Directors ("Compensation Committee")
thereof.
2. The Employment Agreement shall be hereby amended to reflect the
foregoing agreement of the parties hereto. Except as amended hereby, the
Employment Agreement shall remain unchanged.
3. Terms used herein with their initial letter capitalized and not
otherwise defined shall have the meaning assigned to such terms in the
Employment Agreement.
Executed to be effective as of the day and year first set forth above.
PENTEGRA DENTAL GROUP, INC.
By: /s/ Xxxx X. Xxxxxxx
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Xxxx X. Xxxxxxx, President
EMPLOYEE
/s/ Xxxx X. Xxxx
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Xxxx X. Xxxx, DDS
