Exhibit 10.29
Amendment Number One
to Amended and Restated Executive Employment Agreement
This Amendment Number One to Amended and Restated Executive Employment
Agreement is entered into effective as of March 30, 1999 by and between Xxxxx X.
Pass, Ph.D. (the "Executive") and United Road Services, Inc., a Delaware
corporation (the "Company").
W I T N E S S E T H:
- - - - - - - - - -
WHEREAS, the Company and the Executive have entered into that certain
Amended and Restated Executive Employment Agreement, dated as of January 1, 1999
(the "Original Agreement"), providing for the Executive's continued employment
with the Company; and
WHEREAS, the Company and the Executive desire to amend the Original
Agreement to increase the Executive's annual base salary to $250,000.
NOW THEREFORE, in consideration of the premises and other good and valuable
consideration, the receipt and sufficiency of which is hereby acknowledged, the
parties hereto hereby agree as follows:
The first sentence of Section 3 of the Original Agreement is hereby amended
in its entirety to read as follows:
The Company will pay Executive a gross base salary of $250,000 per annum
during the Employment Term.
All remaining provisions of the Original Agreement shall remain unchanged
and in full force and effect.
IN WITNESS WHEREOF, the parties hereto have caused this Amendment Number
One to be executed as of the date first above written.
EXECUTIVE UNITED ROAD SERVICES, INC.
By:/s/ Xxxxx X. Pass By:/s/ Xxxxxx X. Xxxxxxx
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Xxxxx X. Pass, Ph.D. Xxxxxx X. Xxxxxxx
Chairman, Chief Executive Officer
and Secretary