EXHIBIT 10.43
55
ADDENDUM TO SEVERANCE AGREEMENT
This Addendum is made as of this 20th day of December, 1996, by and between
XXXXX X. XXXXXX, Ph.D., an individual residing in Rydal, Pennsylvania (the
"Employee") and SURGICAL LASER TECHNOLOGIES, INC., a Delaware corporation (the
"Company").
WHEREAS, the Employee and the Company desire to modify the Severance Agreement
dated November 5, 1996 entered into between the Employee and the Company (the
"Severance Agreement") as more fully described below:
NOW, THEREFORE, the parties, intending to be legally bound, hereby agree to
modify the Severance Agreement as follows:
1. Change in Position for Employee. The Employee and the Company hereby agree
that the initial date in the first sentence of Paragraph No. 2 of the
Severance Agreement should be modified from January 10, 1997 to January 18,
1997.
2. Compensation. The Employee and the Company agree that the date in the first
sentence of Paragraph No. 3(a) of the Severance Agreement should be
modified from January 10, 1997 to January 18, 1997.
The Employee and the Company agree that the initial dates in Paragraph No.
3(a) and 3(b) of the Severance Agreement should be modified to state: "From
January 19, 1997 through January 18, 1998..."
The Employee and the Company agree that the date in the last sentence of
Paragraph 3(b) should be modified from January 10, 1998 to January 18,
1998.
3. The Employee and the Company agree that, in all other respects, the
provisions of the Severance Agreement dated November 5, 1996 shall remain
unchanged.
IN WITNESS WHEREOF, the undersigned have executed this Addendum to the Severance
Agreement as of the day and year first above written.
SURGICAL LASER TECHNOLOGIES, INC.
By: /s/ W. Xxxxx Xxxxxxxxx
-------------------------------
W. XXXXX XXXXXXXXX
President
/s/ Xxxxx X. Xxxxxx
-------------------------------
XXXXX X. XXXXXX, Ph.D.
56
