Contract
Exhibit 99.2 AMENDMENT TO MANAGEMENT RETENTION AGREEMENT Stratos International, Inc., a Delaware corporation (the “Company”) and Xxxxx X. Xxxxx (“Executive”) entered into a Management Retention Agreement on or about October 17, 2002, as amended (the “Agreement”). As permitted by Section 9(b) of the Agreement, the Company and the Executive wish to amend the Agreement as set forth below. Accordingly, the Agreement is hereby amended as follows, effective immediately: 1. The introductory language to Section 3(a) of the Agreement is hereby amended and restated to read as follows: |
“(a) | Right to Severance Benefits. Upon Executive’s resignation as an officer of the Company and its subsidiaries on February 4, 2005, Executive shall be entitled to the following benefits:" |
2. Section 3(b) of the Agreement is hereby deleted in its entirety. 3. A new Section 10 is hereby added to the Agreement, to read as follows: |
All references to this Agreement shall mean the Agreement as amended by this Amendment. The parties hereby agree to all of the provisions of this Amendment. Except as amended hereby, the Agreement does and shall remain in full force and effect. |
STRATOS INTERNATIONAL, INC. By: ________________________________ Name: Xxxxxxx X. Xxxxxx Title: Chief Executive Officer |
EXECUTIVE ________________________________ Xxxxx X. Xxxxx |