Exhibit 10.2
JPS INDUSTRIES, INC.
000 Xxxxx Xxxxxxxxxxxx Xxxxx
Xxxxx 000
Xxxxxxxxxx, X.X. 00000-0000
Phone: (000) 000-0000
Fax: (000) 000-0000
Xxxxxxx X. Xxxxxxxxx
Chairman, President and
Chief Executive Officer
May 8, 2002
Xx. Xxxxxxx X. Xxxxxxxx
00000 Xxxxxxxxxxx Xxxx
Xxxxxxxxx, XX 00000
Dear Xx. Xxxxxxxx:
We are writing with respect to your employment agreement (the
"Agreement") with JPS Industries, Inc. (the "Company") dated May 30, 2000, a
copy of which is attached hereto. The Company desires to amend the Agreement by
extending the term of employment in the Agreement from May 31, 2002 to December
31, 2002. All references in the Agreement to May 31, 2002, shall hereafter be
deemed to be December 31, 2002, and all references to the "Employment Period"
shall hereafter be deemed to end on December 31, 2002. All other terms,
definitions and conditions in the Agreement shall remain unchanged, and the
Agreement shall remain in full force and effect with no changes other than as
specifically referenced herein.
If the foregoing is satisfactory to you, please so indicate by signing
and returning to the Company the enclosed copy of this letter agreement.
JPS INDUSTRIES, INC.
/s/ Xxxxxxx X. Xxxxxxxxx
----------------------------------
President and C.E.O.
ACCEPTED AND AGREED TO:
/s/ Xxxxxxx X. Xxxxxxxx
---------------------------
Xxxxxxx X. Xxxxxxxx
F-451-J-1
