Exhibit 10.6
FIRST AMENDMENT TO CONSULTING AGREEMENT
WHEREAS, Xxxxxx X. Xxxx ("Consultant") entered into a Consulting
Agreement (attached) with Hilb, Xxxxx and Xxxxxxxx Company ("Company") on June
1, 1997;
WHEREAS, the Consulting Agreement provided for a three year term
expiring May 31, 2000;
WHEREAS, the Company and Consultant desire to extend the term of the
Consulting Agreement for three (3) years and to provide for an acceleration of
fees due Consultant upon a specified change in Company's management;
IT IS HEREBY, AGREED:
A. Section 3. Term is hereby amended by deleting May 31, 2000, and
substituting therefor May 31, 2003.
B. A new Section is hereby added as follows:
13. Removal of Xxxxxx X. Xxxxx. If Xxxxxx X. Xxxxx should cease to
be CEO of Company prior to May 31, 2003, for any reason other
than his death or disability or voluntary resignation, then
Consultant may, within sixty (60) days of such change, elect
to be paid in a lump sum all consulting fees due to be paid
him through May 31, 2003, with no further obligation to
perform any such consulting services.
C. Except as set forth above, the Consulting Agreement remains in full
force and effect.
HILB, XXXXX AND XXXXXXXX COMPANY
/s/ Xxxxxx X. Xxxx By: /s/ Xxxxxx X. Xxxxx
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Xxxxxx X. Xxxx Xxxxxx X. Xxxxx, Chief Executive Officer
November 9, 1999 November 9, 1999
