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EXHIBIT 10.27
SECOND AMENDMENT
TO FIRST AMENDED AND
RESTATED EMPLOYMENT AGREEMENT
This Second Amendment to First Amended and Restated Employment
Agreement (the "Amendment") is made and entered into between Aviation Group,
Inc., a Texas corporation (the "Company"), and Xxx Xxxxxxx ("Employee"), as of
August 28, 1998.
WHEREAS, Employee and the Company have entered into that First Amended
and Restated Employment Agreement dated as of April 15, 1997 (the "Employment
Agreement");
WHEREAS, the Board of Directors of the Company has appointed Xxxxxx X.
Xxxxx as President of the Company, with the consent and approval of Employee;
WHEREAS, the Company and Employee desire to amend the Employment
Agreement to clarify its intent in light of this development.
NOW, THEREFORE, for and in consideration of the premises and the mutual
covenants herein set forth, the parties hereto agree to amend the Employment
Agreement by replacing the word "President" where it appears in Sections 1.1,
3.5(a) and 3.5(e) of the Employment Agreement with the word "Chairman".
EXECUTED as of the date first above written.
AVIATION GROUP, INC.
By: /s/ XXXXXXX XXXXXX
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Name: Xxxxxxx Xxxxxx
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Title: CFO, DIRECTOR
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/s/ XXX XXXXXXX
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Xxx Xxxxxxx
