Exhibit 10.2
AMENDMENT NUMBER ONE
This AMENDMENT NUMBER ONE (hereinafter the "Amendment") is made and
entered into as of this 31 day of January, 2003, by and between REPUBLIC
SERVICES, INC., a Delaware corporation, (hereinafter the "Company") and XXX
X'XXXXXX, a Florida Resident (hereinafter the "Employee"):
RECITALS
WHEREAS, the Company and the Employee have heretofore entered into a
certain Employment Agreement dated as of October 25, 2000 ("Employment
Agreement"; terms defined therein being used herein as therein defined); and
WHEREAS, the Company and the Employee wish to make amendments to the
Employment Agreement as set forth below;
A. For all purposes therein, Section 2 of the Employment
Agreement is hereby amended to insert the following:
2. Compensation.
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(l) Tax and Estate Planning. During the term of this Agreement,
the Employee shall be reimbursed, on an annual basis, for all
out-of-pocket expenses reasonably incurred by him for
financial, tax and estate planning, provided that the total
amount of such reimbursement for any year shall not exceed
two percent (2%) of his Base Salary in such year. The
Employee shall retain the right to determine the provider for
any such services.
B. All other provisions or terms of the Employment Agreement are
hereby ratified and confirmed, including but not limited to, the provisions and
terms of Sections 5, 6, and 7 thereof.
IN WITNESS WHEREOF, the Company and the Employee have executed this
Amendment effective as of the date first written above.
REPUBLIC SERVICES, INC., EMPLOYEE:
a Delaware corporation
/s/ Xxx X'Xxxxxx
By: /s/ Xxxxxx X. Xxxxxx ----------------------------------
------------------------------ XXX X'XXXXXX
Its: Vice Chairman
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