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EXHIBIT 10.57
SIXTH AMENDMENT TO
EMPLOYMENT AGREEMENT
This SIXTH AMENDMENT TO EMPLOYMENT AGREEMENT (the "SIXTH Amendment")
is made and entered into as of April 1, 1996, by and between Group 1 Software,
Inc., a Delaware corporation ("Company") and Xxxxxx X. Xxxxxxxx, a Maryland
resident ("Employee").
WHEREAS, Company and Employee entered into that certain Agreement
dated October 31, 1990 (the "1990 Agreement"), regarding various terms and
conditions of employment of Employee with respect to Company; and
WHEREAS, Company and Employee entered into that certain First
Amendment to the 1990 Agreement (the "First Amendment") dated June 24, 1991,
that certain Second Amendment to the 1990 Agreement (the "Second Amendment")
dated August 24, 1992, that certain Third Amendment to the 1990 Agreement (the
"Third Amendment") dated as of October 1, 1993, that certain Fourth Amendment to
the 1990 Agreement (the "Fourth Amendment") dated January 6, 1994, and that
certain Fifth Amendment dated as of April 1, 1995 (the October 31, 1990
Agreement and the First, Second, Third, Fourth and Fifth Amendments,
collectively, referred to hereinafter as the "Agreement"); and
WHEREAS, Company and Employee wish to amend the Agreement, but only
with respect to the terms set out herein; and
WHEREAS, Company and Employee are mutually desirous that such
satisfactory employment relationship should continue under the terms and
conditions of the Agreement, as amended.
NOW THEREFORE, in consideration of mutual promises contained herein,
and other good and valuable consideration, the receipt and sufficiency of which
are hereby acknowledged, Company and Employee intending to be legally bound
hereby agree to amend the Agreement as follows:
1. Section 1 of the Agreement is hereby modified such that the
references to the date on the third and fourth lines of the 1990 Agreement shall
read "March 31, 1999".
2. Section 8 of the Agreement is hereby modified on the third line
of the 1990 Agreement to read "April 1, 1996 through March 31, 1997"; further,
the reference in the third sentence of the 1990 Agreement to the minimum bonus,
as modified by the Third Amendment, shall continue to read "$140,000", while, in
that same sentence, the numerical reference to the "Budget" level of Company
profit" is hereby modified to read "$7,819,000".
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3. Company and Employee hereby affirm that the Agreement, as amended
hereby, remains in full force and effect, and is not further modified hereby.
IN WITNESS WHEREOF, the parties have executed and delivered this
SIXTH Amendment as of the date first written above.
GROUP 1 SOFTWARE, INC.
By:
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Its:
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Xxxxxx X. Xxxxxxxx, Individually
