EXHIBIT 10.17
EMPLOYMENT AGREEMENT AMENDMENT
Technology Solutions Company ("TSC") and Xxxxxxx X. Xxxxxx ("Employee")
enter into this amendment to his Employment Agreement as of October 1, 1999.
WHEREAS, on April 28, 1999 in conjunction with Employee's promotion to
Chief Financial Officer TSC and Employee entered into an employment agreement
consistent with his new position ("Employment Agreement").
WHEREAS, the Employment Agreement contains a Change in Control provision
which entitles Employee to receive his salary, bonus, and health insurance
benefits for a one year period if following a Change in Control his title,
position, duties, or salary is diminished and Employee resigns within 90 days
after the diminishment becomes effective; or, if Employee is ordered to relocate
permanently to any location outside the Chicago metropolitan area and employee
declines and is terminated.
Employee and TSC now agree to amend the Change in Control provision of his
Employment Agreement (paragraph two of Section 3.) by inserting the following
sentence after the first sentence in paragraph two: "Notwithstanding anything
to the contrary in any of Employee's stock option agreements, Employee's
unvested shares at option shall vest automatically upon a Change in Control."
Technology Solutions Company Xxxxxxx X. Xxxxxx
By: /s/ XXXX X. XXXXXX /s/ XXXXXXX X. XXXXXX
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Position: CEO
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