EXHIBIT 10.34
AMENDMENT TO EMPLOYMENT AGREEMENT
Amendment dated as of January 1, 2003 to Employment Agreement dated as of
April 22, 2002 between BRIGHTPOINT, INC., a Delaware corporation (the "Employer"
or the "Company"), and Xxxxx Xxxxxxx (the "Employee").
WHEREAS, the Employer and the Employee have entered into an employment
agreement dated as of April 22, 2002 (the "Employment Agreement");
WHEREAS, Employer and Employee wish to amend the section of the Employment
Agreement as provided below to reflect the increased base salary of the Employee
as recently approved by the Company;
NOW, THEREFORE, the Employer and Employee hereby amend section III.A of
the Employment Agreement to provide as follows:
III. Compensation.
"A. During the term of this Agreement, the Employer shall pay
the Employee a salary (the "Salary") at a rate of $350,000 per annum in respect
of each Employment Year, payable in equal monthly installments on the first day
of each month, or at such other times as may mutually be agreed upon between the
Employer and the Employee. Such Salary may be increased from time to time at the
discretion of the Board."
Except as provided above all other provisions of the Employment Agreement shall
remain unchanged and in full force and effect.
IN WITNESS WHEREOF, the parties hereto have executed and delivered
this Amendment as of the date first above written.
BRIGHTPOINT, INC.
By: /s/ Xxxxxx X. Xxxxxx
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Name: Xxxxxx X. Xxxxxx
Title: Chairman of the Board and
Chief Executive Officer
By: /s/ Xxxxx Xxxxxxx
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Name: Xxxxx Xxxxxxx
