Exhibit 10.36
XXXXX*S INC.
000 XXXXXX XXXXXX
XXX XXXX, XX 00000
June 9, 2000
Xx. Xxxxxxxxxxx X. Xxxxx
xXXxX*s
000 Xxxxxx Xxxxxx
Xxx Xxxx, XX 00000
Re: Third Amendment to Employment Agreement
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Dear Xx. Xxxxx:
This letter, when countersigned by you, shall constitute the Third
Amendment to the Employment Agreement between you and xXXxX*s Inc., dated as of
November 22, 1996.
Section 2 of the Employment Agreement is hereby deleted and replaced in
its entirety by the following paragraph:
Subject to Section 4, the Executive shall continue to be employed
by the Company under this agreement until the close of business
on the sixth anniversary of this agreement.
Section 5(e) of the Employment Agreement is hereby deleted and replaced
in its entirety by the following paragraph:
The Company shall provide the Executive with an annual allowance
of $20,000 to be applied, in the Executive's discretion, in any
combination to one or more of the following: tax return
preparation, financial consulting, estate planning and/or
life/disability insurance premiums and similar professional
services and for educational expenses.
In all other respects, the Employment Agreement shall continue in full
force and effect without modification. Upon execution by you, this letter
agreement shall have effect as of November 22, 1999.
If you are in agreement with the foregoing, please countersign below in
the space indicated.
Sincerely,
xXXxX*s Inc.
By /s/ XXXXXXX X. XXXXXXX
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Xxxxxxx X. Xxxxxxx
Senior Vice President
ACKNOWLEDGED AND AGREED:
/s/ XXXXXXXXXXX X. XXXXX
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XXXXXXXXXXX X. XXXXX
