EXHIBIT 10.10
SUPERIOR CONSULTANT HOLDINGS CORPORATION
Amendment to Employment Agreement
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The Employment Agreement dated January 5, 1998, as amended, between Xxxxxxx X.
Xxxxxxx, ("the employee") and Superior Consultant Company, Inc., a Michigan
Corporation ("the company"), is hereby amended as follows:
1. The section entitled "Title" is deleted in its entirety and replaced by the
following:
The employee's title shall be Vice Chairman of the Board.
2. The section entitled "Salary" is deleted in its entirety and replaced by
the following:
Salary: The bi-weekly salary will be $12,307.70 (prorated for partial
periods), subject to any payroll or other deductions as may be required to
be made pursuant to law, government order, or by written agreement with or
consent of the employee.
3. Section H(h) entitled "Change in Control Payment" is deleted in its
entirety and replaced by the following:
(h) Change in Control Payment. As used herein the term "Change in Control
Payment" means an amount equal to three (3) time the full annual base
salary in effect for the year of termination plus three (3) time the
full year's bonus opportunity in effect for the year of termination.
4. This amendment becomes effective January 4, 1999, however, the company
explicitly reserves the right to refuse any acceptance not communicated in
writing within one month from the above mentioned effective date. Terms of
Employment Agreement dated January 5, 1998, as amended, will prevail until
January 3, 1999.
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5. Except as amended hereof, all terms and provisions of the Employment
Agreement dated January 5, 1998, as amended, remain in full force and
effect.
Signatures:
Acknowledged and accepted for Superior Consultant Company, Inc.
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Name Title Date
I hereby acknowledge that I have voluntarily entered into this Amendment to
Employment Agreement after having a full and adequate opportunity to review its
provisions.
Acknowledged and accepted
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Name Title Date
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