EXHIBIT 10.2
FIRST AMENDMENT TO AMENDED AND RESTATED
EMPLOYMENT AGREEMENT OF XXXXX X. XXXXXX
This first amendment (the "First Amendment") to the Amended and
Restated Employment Agreement of Xxxxx X. Xxxxxx (the "Employment
Agreement") is entered into effective as of March 22, 1999, by and between
Capital Senior Living Corporation (the "Company") and Xxxxx X. Xxxxxx
("Xxxxxx").
WHEREAS, the Company and Xxxxxx entered into the Employment Agreement
dated October 8, 1997, whereby the Company employed Xxxxxx in the capacity
of Chief Operating Officer, Co-Chairman of the Board and a member of the
Executive Committee of the Board, and
WHEREAS, the Board of Directors of the Company on March 22, 1999,
amended the By-Laws and added the new office of Chairman of the Company
and elected Xxxxxx to that office, and
WHEREAS, the Company and Xxxxxx desire to amend the Employment
Agreement to reflect Xxxxxx'x election to the office of Chairman of the
Company,
NOW, THEREFORE, in consideration of the foregoing, the mutual promises
of the parties hereto and other good and valuable consideration, the
receipt and sufficiency of which are hereby acknowledged, the parties
hereto agree as follows:
1. The Employment Agreement shall be amended so that the phrase or any
portion of the phrase "Chief Operating Officer, Co-Chairman of the Board
and a member of the Executive Committee of the Board" shall be deleted and
shall be replaced with the phrase "Co- Chairman and a member of the
Executive Committee of the Board, Chairman of the Company, Chief Operating
Officer and Secretary."
2. Except as expressly provided herein, all of the terms and provisions
of the Employment Agreement shall remain in full force and effect and
unchanged. All capitalized terms used herein which are not otherwise
defined herein shall have the meaning ascribed to such terms in the
Employment Agreement.
IN WITNESS WHEREOF, this First Amendment has been duly executed on the
6th day of April, 1999.
COMPANY:
CAPITAL SENIOR LIVING CORPORATION
By: /s/ Xxxxx X. Xxxxxxxx
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Xxxxx X. Xxxxxxxx,
Vice President and General Counsel
XXXXXX:
By: /s/ Xxxxx X. Xxxxxx
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Xxxxx X. Xxxxxx