EXHIBIT 10.08
SECOND AMENDMENT TO
SENIOR EXECUTIVE EMPLOYMENT AGREEMENT
This Second Amendment to Senior Executive Employment Agreement, dated as of
APRIL 15, 2002 (the "Amendment"), hereby amends the Senior Executive Employment
Agreement, dated as of March 30, 2001 (the "Agreement"), between PacifiCare
Health Systems, Inc., a Delaware corporation, and XXXXXXXXX XXXXX, an individual
("Executive"), as follows:
1. AMENDMENT OF THE FIRST CLAUSE OF THE RECITALS. The parties hereby amend
the Agreement by deleting the first clause of the Recitals and replacing it in
its entirety with the following:
WHEREAS, the Company desires to continue Executive's employment in
the capacity of Executive Vice President, Senior Solutions.
2. AMENDMENT OF SECTION 1.1 OF THE AGREEMENT. The parties hereby amend
Section 1.1 of the Agreement by deleting the title "Senior Vice President, Sales
and Marketing," and replacing it with the title "Executive Vice President,
Senior Solutions."
3. AMENDMENT OF SECTION 3.7 OF THE AGREEMENT. The parties hereby amend
Section 3.7 of the Agreement by deleting the title "Senior Vice President, Sales
and Marketing," and replacing it with the title "Executive Vice President,
Senior Solutions."
4. LIMITATION OF AMENDMENTS. Except as expressly provided herein, no terms
or provisions of any agreement or instrument are modified or changed by this
Amendment and the terms and provisions of the Agreement, as amended by this
Amendment, shall continue in full force and effect.
5. GOVERNING LAW. This Amendment shall be construed, interpreted and
enforced in accordance with, and governed by California law.
6. CAPITALIZED TERMS. Capitalized terms not defined herein shall have the
meanings ascribed to them in the Agreement.
7. DUPLICATE ORIGINALS; EXECUTION IN COUNTERPARTS. This Amendment may be
executed in two or more counterparts, each of which shall be an original but all
of which together shall constitute one and the same instrument.
8. WAIVERS AND AMENDMENTS. Neither this Amendment nor any term hereof may
be changed, waived, discharged or terminated orally, or by any action or
inaction, but only by an instrument in writing signed by the party against which
enforcement of the change, waiver, discharge or termination is sought.
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EXHIBIT 10.08
9. SECTION HEADINGS. The titles of the sections hereof appear as a matter
of convenience only, do not constitute a part of this Amendment and shall not
affect the construction hereof.
IN WITNESS WHEREOF, the parties hereto have executed this Amendment as of
the date first written above.
The Company: PACIFICARE HEALTH SYSTEMS, INC.,
a Delaware corporation
Date: __/__/__ ________________________________
By: Xxxxxx X. Xxxxxxxxx
Title: President and Chief Executive Officer
Executive:
Date: __/__/__ ________________________________
Xxxxxxxxx Xxxxx
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