AMENDMENT NO. 2 TO EXECUTIVE EMPLOYMENT AGREEMENT
Exhibit 10.8c
AMENDMENT NO. 2 TO EXECUTIVE EMPLOYMENT AGREEMENT
THIS AMENDMENT NO. 2 TO EXECUTIVE EMPLOYMENT AGREEMENT (this “Amendment”) is made effective as
of the 31st day of March, 2007, by and between Mylan Laboratories Inc., a Pennsylvania
corporation (the “Company”), and Xxxxxx X. Xxxxxxxx (“Executive”).
WHEREAS, the Company and Executive are party to that certain Executive Employment Agreement
dated as of July 1, 2004, as amended by Amendment No. 1 thereto dated as of April 3, 2006 (the
“Agreement”), pursuant to which the Company agreed to employ Executive, and Executive accepted such
employment, as more particularly described in the Agreement (capitalized terms used but not defined
herein shall have the meanings assigned to them in the Agreement); and
WHEREAS, pursuant to Sections 8(e) and 14 of the Agreement, the Company and Executive desire
to modify the Term of Employment, upon the terms and conditions set forth herein;
NOW, THEREFORE, for good and valuable consideration, the receipt and adequacy of which are
hereby acknowledged, the parties hereto, intending to be legally bound, agree as follows:
1. Pursuant to Section 8(e) of the Agreement, the parties hereby mutually agree to extend the
Term of Employment until March 31, 2008. Further, the reference to “March 31, 2007” in Section 2
of the Agreement is hereby amended to read “March 31, 2008”.
2. (a) The parties acknowledge and agree that this Amendment is an integral part of the
Agreement. Notwithstanding any provision of the Agreement to the contrary, in the event of any
conflict between this Amendment and the Agreement or any part of either of them, the terms of this
Amendment shall control.
(b) Except as expressly set forth herein, the terms and conditions of the Agreement are and
shall remain in full force and effect.
(c) The Agreement, as amended by this Amendment, sets forth the entire understanding of the
parties with respect to the subject matter thereof and hereof.
(d) This Amendment shall be governed by, interpreted under and construed in accordance with
the laws of the Commonwealth of Pennsylvania.
(e) This Amendment may be executed in any number of counterparts, each of which shall be an
original and all of which shall constitute one and the same document.
IN WITNESS WHEREOF, this Amendment has been duly executed and delivered as of the day and year
first above written.
| MYLAN LABORATORIES INC. |
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| By: | /s/ Xxxxxx X. Xxxxx | |||
| Name: | Xxxxxx X. Xxxxx | |||
| Title: | Vice Chairman and CEO | |||
| EXECUTIVE: |
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| /s/ Xxxxxx X. Xxxxxxxx | ||||
| Xxxxxx X. Xxxxxxxx | ||||
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