1
Exhibit 10.4A
MANCHESTER EQUIPMENT CO., INC.
000 Xxxx Xxxxxx
Xxxxxxxxx, Xxx Xxxx 00000
November 6, 1996
Xx. Xxxx X. Xxxxxxx
00 Xxx Xxxxx Xxxx
Xxx Xxxxx, Xxx Xxxx 00000
Re: Amendment of Employment Agreement
----------------------------------
Dear Xxxx:
The following are the terms of the agreement we have reached regarding
the Agreement of Employment between you and Manchester Equipment Co., Inc. (the
"Company"), dated September 30, 1966 (the "Agreement").
1. The third paragraph of Article 6 of the Agreement, pertaining to
the payment of bonuses for the Company's 1997 and 1998 fiscal years, is hereby
deleted, and the following substituted in its place:
"It is specifically understood and agreed that the Employee will
not be eligible for any bonus for the Employer's 1997 fiscal year.
The Employee will be eligible for a bonus for the Employer's 1998
fiscal year, provided such bonus is approved by a majority of the
independent members of the Employer's Board of Directors."
2. Except as, and to the extent, expressly amended hereby, the
Agreement, and all of the terms, conditions, representations, warranties and
other provisions thereof, will remain in full force and effect throughout the
term thereof.
If this accurately sets forth our agreement, please sign where set
forth below.
Sincerely,
MANCHESTER EQUIPMENT CO., INC.
By: /s/ Xxxxx X. Xxxxxxxxx
----------------------------------
Xxxxx X. Xxxxxxxxx, President
ACCEPTED AND AGREED
/s/ Xxxx X. Xxxxxxx
-------------------
Xxxx X. Xxxxxxx
