Re: Amendment to Employment Agreement
April
1,
2003
|
Re:
|
Amendment
to Employment Agreement
|
Dear
Xxxx:
This
letter confirms our agreement and shall serve to amend the January 1, 2003
Employment Agreement between you and the Company in accordance with the
following:
(a) Additional
Pay
Paragraph
3 and section h Additional
Pay,
sentence one shall be amended to read as follows:
If
there
is a Change in Control (as defined in paragraph 5(e) herein) by April 1, 2004,
and the Executive is employed by the Company upon the Change in Control, and,
in
the sole judgment and discretion of the Company, the Executive has
satisfactorily performed all assigned duties, including using his best efforts
to facilitate a Change in Control, the Company shall award the Executive up
to
fifty-two (52) weeks base pay, minus such deductions as may be required by
law
or reasonably requested by the Executive.
| (b) |
Continuing Effectiveness
of Employment
Agreement
|
Except
as
modified herein, the Employment Agreement dated January 1, 2003, shall remain
in
full force and effect in accordance with their respective terms.
If
the
foregoing is satisfactory, please so indicate by signing and returning to me
the
enclosed copy of this Letter Agreement whereupon this will constitute the
agreement of the parties with respect to the subject matter referenced herein.
Very
truly yours,
VENTIV
HEALTH, INC.
By:
_/s/
Eran Broshy_________________
Xxxx
Xxxxxx
Chief
Executive Officer
Accepted
and agreed to by:_
/s/
Xxxxx Xxxxxx
____ Dated:_____________
NAME
