AMENDMENT TO EMPLOYMENT AGREEMENT (dated 5/18/94)
Effective June 26, 1995
This shall serve as an Amendment to Xxxxxx X. Xxxxxxxxx'x
Employment Agreement dated May 18, 1994. This document is hereby
amended to reflect the following changes to section 5 of the
Agreement:
5. COMPENSATION
5.1 a base annual salary, payable in weekly installments,
in the amount of $160,000.
5.2 an annual bonus based on 5% of fiscal year net earnings
not to exceed $150,000, to be paid on a quarterly basis and
reconciled at year end.
5.3 reimbursement for two automobiles, and other reasonable
car-related expenses including fuel, oil, maintenance and repair
items.
IN WITNESS WHEREOF, the parties have executed this Agreement
the day and year first above written.
FOR PLASMA-THERM, INC.
/s/ Xxxxxx X. Xxxxxxxxx
Xxxxxx X. Xxxxxxxxx,
CEO and Chairman of the Board
EMPLOYEE
/s/ Xxxxxx X. Xxxxxxxxx
Xxxxxx X. Xxxxxxxxx
