SECOND AMENDMENT TO EMPLOYMENT AGREEMENT March 20, 2023
Exhibit 10.1
SECOND AMENDMENT TO EMPLOYMENT AGREEMENT
March 20, 2023
This Second Amendment (this “Amendment”) to the Employment Agreement (as defined below) is made and entered into as of the date first above written, but effective as of January 1, 2023 (the “Amendment Effective Date”), by and between Repay Management Services LLC (the “Company”) and Xxxxx X. Xxxxx (“Executive”). Capitalized terms used but not defined herein shall have the meanings ascribed to them in the Employment Agreement.
WHEREAS, Executive and Company entered into that Employment Agreement, dated as of April 1, 2020 and amended by that First Amendment dated as of March 1, 2021 (collectively, the “Employment Agreement”); and
WHEREAS, Executive and the Company now desire to amend the Employment Agreement on the terms and conditions set forth herein.
NOW, THEREFORE, in consideration of the foregoing and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, and in accordance with the terms of the Employment Agreement, the parties hereto, intending to be legally bound, do hereby acknowledge and agree as follows:
[Signature Page Follows]
IN WITNESS WHEREOF, the parties hereto have executed this Amendment as of the day and year first written above.
COMPANY:
REPAY MANAGEMENT SERVICES LLC
By: /s/ Xxxx Xxxxxx
Name: Xxxx X. Xxxxxx
Title: Chief Executive Officer
EXECUTIVE:
/s/ Xxxx Xxxxx
Name: Xxxxx X. Xxxxx
[Signature Page to Second Amendment to Employment Agreement]