EXHIBIT 10.16
AMENDMENT #1 TO JUNE 2, 2000 EMPLOYMENT AGREEMENT
BETWEEN
LANDMARK SYSTEMS CORPORATION AND XXXXXXXXX X. XXXXXXX, III
This Amendment # 1 ("Amendment") dated January 29, 2001 (the
"Effective Date"), is entered into by and between LANDMARK SYSTEMS CORPORATION,
a Virginia corporation (the "Company") and XXXXXXXX X. XXXXXXX, III (the
"Executive").
W I T N E S S E T H:
WHEREAS, the Executive entered into employment with the Company
on November 2, 1998 (the "Employment Effective Date") as Vice President and
Chief Financial Officer of the Company;
WHEREAS, the Executive is currently employed as the Vice
President and Chief Financial Officer of the Company and his performance in that
capacity is material to the business of the Company; and
WHEREAS, the Company and the Executive have entered into an
Employment Agreement (the "Agreement") dated June 2, 2000 and now wish to amend
said Agreement.
NOW, THEREFORE, in consideration of the foregoing and the mutual
promises and agreements hereinafter set forth, the Company and the Executive
agree as follows:
A. Target Bonus in Section 3.2 will be increased to $80,000 per
year effective January 1, 2001.
B. The applicable period of the Special Bonus described in
Section 3.7 is extended to any transaction executed before
December 31, 2001.
IN WITNESS WHEREOF, the parties have executed and delivered this
Agreement as of the date first above written.
LANDMARK SYSTEMS CORPORATION
By:
Name: Xxxxxxxxx X. Xxxxx
Title: Chief Executive Officer
XXXXXXXXX X. XXXXXXX
