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EXHIBIT 10.32
ADDENDUM TO EMPLOYMENT AGREEMENT
The Employment Agreement between The viaLink Company ("viaLink") and Xxxxx
X. Xxxxxxxxx dated the 1st day of October, 1988 is amended as follows:
1. Effective as of the 5th day of June, 2000, the annualized salary set
forth in Section 4.1 of said Employment Agreement shall be increased to
Two Hundred and sixty thousand dollars ($260,000).
2. This addendum is contingent on the execution by Xxxxx X. Xxxxxxxxx of
the Addendum to Employment Agreement: Relocation Reimbursement
("Relocation Addendum"). This addendum is null and void if said
Relocation Addendum is not executed.
3. Except as amended herein, no further changes are made to the
Employment Agreement and the same remains in full force and effect.
The viaLink Company Xxxxx X. Xxxxxxxxx
By: /s/ XXX X. XXXX /s/ XXXXX X. XXXXXXXXX
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Xxx X. Xxxx
Its: Chair of the Compensation Committee Xxxxx X. Xxxxxxxxx
Date: 6-5-2000 Date: 6-5-2000
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ATTACHMENT A
THE viaLINK COMPANY
ADDENDUM TO EMPLOYMENT AGREEMENT: RELOCATION REIMBURSEMENT
This Addendum to Employment Agreement is executed by and between the
undersigned employee ("I", "me") and The viaLink Company ("viaLink") and is
made part of the employment agreement executed on October 1st, 1998 between
viaLink and me. This Addendum is effective as of the latest date set forth
below.
I hereby acknowledge that I have received and read viaLink's Domestic
Relocation Procedures ("Procedures"), and agree to fully comply with such
Procedures. I understand the benefits available relating to viaLink's offer of
relocation assistance in connection with my transfer from viaLink's Oklahoma
City, Oklahoma office to viaLink's Dallas, Texas office, and in connection
therewith I agree to the following:
1. Any expenses that deviate from the Procedures must be approved in
advance by viaLink's Vice President of Human Resources or his/her
designee. If I incur such an expense without prior approval, the
Company may refuse to provide reimbursement at Company's sole
discretion.
2. Definitions:
2.1. "Relocation Benefits" shall mean all amounts covered by the
Procedures, including, without limitation, any reimbursements,
assistance payments, buydowns, and/or tax assistance
(collectively "Relocation Benefits").
2.2. "Cause" as used in this Addendum shall include the following:
(a) any material breach by me of my employment agreement,
viaLink's policies or procedures relating to my employment or
conduct at work, or this Addendum, (b) any conviction or plea
of nolo contendre or to a lesser charge of any felony, crime
involving fraud or misrepresentation, or any other crime
likely to materially adversely affect viaLink, (c) violation
of any law which results in material liability to viaLink,
and/or (d) any abuse or illegal use of alcohol or other drugs.
3. If I should voluntarily resign from viaLink, or should my employment
be terminated for Cause, prior to the completion of thirty-six (36)
consecutive months after the Transfer Date (either case being a
"Termination"), I will repay to the Company Relocation Benefits paid
either to me or on my behalf at the following rates:
3.1. If the Termination occurs during the first 24 months after
the Transfer Date, I will reimburse one hundred percent
(100%).
3.2. If the Termination occurs after month 24 and prior to the end
of month 36 after the Transfer Date, the reimbursement rate
payable by me will reduce by four percent (4%) for each month
after month 24 (for example, 96% if Termination occurs in
month 25, 92% if in month 26, etc.)
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4. Notwithstanding anything to the contrary in the Procedures, if I am
terminated other than for Cause within 36 months after the Transfer, to the
extent that any Advanced Funds for Down Payment Assistance have been
provided to me, (a) I will not be required to reimburse viaLink for such
benefit, (b) if I have reimbursed any of such Advanced Funds to viaLink
pursuant to the Procedures, viaLink will reimburse such amount back to me
without interest upon the effective date of such termination, and (c) I will
not be entitled to any further Down Payment Assistance or adjustments
thereof.
5. Other than as set forth in section 4, if I am terminated by viaLink other
than for Cause, I will not be required to reimburse viaLink for such
Relocation Benefits as have been paid to me or on my behalf up to the
effective date of such termination or discharge; however, upon the effective
date of such termination or discharge, I shall no longer be entitled to
receive or have paid on my behalf any Relocation Benefits which have not yet
become payable as of such date, and any such unaccrued Relocation Benefits
shall terminate and shall not be owed by viaLink. I understand that at such
time as a termination or discharge under this section becomes effective, I
shall be responsible for payment of all debts and/or obligations which would
have otherwise been paid or reimbursed by viaLink as a Relocation Benefit.
6. Any repayment required under this Addendum will be due and payable to the
Company on the effective date of any Termination of employment.
7. To the fullest extent authorized by law, I authorize deductions to be
withheld from and/or credited against my wages, salary, bonus, or any other
sums due me for any reason for any relocation expense amounts due the
Company in accordance with this Addendum.
8. Reimbursement or repayment of relocation expenses by the Company does not
constitute a commitment by the Company with respect to the duration of
employment. Nothing in this Addendum or in the Procedures alters the AT-WILL
nature of my employment, nor shall this Addendum or the Procedures be deemed
or interpreted to create or imply any assurance regarding, or guarantee of,
continued or future employment.
This Addendum, and the benefits offered to the undersigned employee, shall be
withdrawn and shall be void and of no force of effect unless executed by the
undersigned employee and by viaLink on or before _______________, 2000.
EMPLOYEE:
/s/ XXXXX X. XXXXXXXXX XXXXX X. XXXXXXXXX
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Name (Signature) Name (Print)
Date: June 5th 2000
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The viaLink Company:
By: /s/ XXXXX XXXXXXXX
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Title: VP OF HUMAN RESOURCES
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Date: 6/5/2000
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