Exhibit 10.2
THIRD AMENDMENT TO EMPLOYMENT AGREEMENT
This Third Amendment to Employment Agreement (the "Amendment"), dated as of
the 1st day of July, 2002 by and between COMFORCE Corporation ("COMFORCE") a
Delaware corporation, and COMFORCE Operating, Inc. ("COI"), a Delaware
corporation that is wholly-owned by COMFORCE (COMFORCE and COI are collectively
referred to as the "Employer"), and Xxxxx X. Xxxxxxxxxx, a resident of the State
of New York ("Employee").
WHEREAS, the parties entered into an Employment Agreement dated as of
January 1, 1999, pursuant to which Employer formalized the terms upon which
Employee is employed by Employer, which Employment Agreement was previously
amended as of January 23, 2001 and September 27, 2001 (as amended, the
"Employment Agreement"); and
WHEREAS, the parties desire to further amend the Employment Agreement as
herein provided.
NOW, THEREFORE, in consideration of the promises and mutual obligations of
the parties contained herein, and for other valuable consideration, the receipt
and sufficiency of which are hereby acknowledged, the parties hereto agree as
follows:
1. The second sentence of Section 4(a) of the Employment Agreement is
hereby amended by adding the following proviso at the end thereof: "; provided,
however, that, notwithstanding the foregoing, Employee's Base Salary as in
effect at December 31, 2001 shall be increased by three percent (3%) effective
as of July 1, 2002, but no other increase shall be made to Employee's Base
Salary for the 2002 calendar year."
2. All other provisions of the Employment Agreement shall remain in full
force and effect.
IN WITNESS WHEREOF, the undersigned have executed this Agreement on the day
and year first above mentioned.
COMFORCE CORPORATION
By:
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Its:
COMFORCE OPERATING, INC.
By:
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Its:
EMPLOYEE
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Xxxxx X. Xxxxxxxxxx