THIRD AMENDMENT TO EMPLOYMENT AGREEMENT
Exhibit 10.84
THIRD AMENDMENT TO EMPLOYMENT AGREEMENT
THIS THIRD AMENDMENT is made as of this 1st day of November, 2002, by and between SELECT
MEDICAL CORPORATION, a Delaware corporation (the “Employer”) , having an address c/o Select Medical
Corporation, 0000 Xxx Xxxxxxxxxx Xxxx, X.X. Xxx 0000, Xxxxxxxxxxxxx, Xxxxxxxxxxxx 00000, and XXXXX
X. XXXXX, an individual (the “Employee”), residing at 00 Xxxxxxxxx Xxxxx, Xx. Xxxxx, Xxxxxxxx
00000.
BACKGROUND
A. Employer and Employee executed and delivered that certain Employment Agreement, dated
December 16, 1998 (the “Agreement”), pursuant to which Employer employed Employee to serve as its
Senior Vice President — Development and to develop new long term acute care hospitals for Employer
and to provide other services for Employer’s businesses. All capitalized terms not specifically
defined herein shall have the meanings ascribed to them in the Agreement.
B. The term of the Agreement was initially extended to December 31, 2001 by that certain First
Amendment to Employment Agreement between Employer and Employee, dated October 15, 2000. The term
of the Agreement was later extended to December 31, 2002 by that certain Second Amendment to
Employment Agreement between Employer and Employee, dated October 26, 2001. Employer and Employee
now desire to further extend the term of the Agreement as hereinafter provided.
NOW, THEREFORE, the parties hereto, intending to be legally bound hereby, covenant and agree
as follows:
1. Amendment to Section 5(a). The second sentence of Section 5(a) is hereby amended
and restated as follows:
“This Agreement shall commence on the date hereof and remain in effect, unless this
Agreement is terminated by either party hereto, or extended by the written agreement of both
parties hereto, until December 31, 2003.”
2. No Other Modifications. Except as expressly amended hereby, the Agreement shall
remain unmodified and in full force and effect.
IN WITNESS WHEREOF, the parties hereto have caused this Third Amendment to Employment
Agreement to be executed the day and year first above written.
Employer: | ||||||
SELECT MEDICAL CORPORATION, a Delaware corporation | ||||||
By: | /s/ Xxxxxx X. Xxxxxxxx President |
|||||
Employee: | ||||||
/s/ Xxxxx X. Xxxxx | ||||||
Xxxxx X. Xxxxx |