Exhibit 10.69a
Amendment to Employment Agreement
Between The WellCare Management Group, Inc. (Company)
And ▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇-▇▇▇▇▇▇ (Employee) Dated January 29, 1997
WHEREAS this Amendment to said Employment Agreement is hereby made this 16th day
of February 1999;
WHEREAS all paragraphs of said Employment Agreement not amended herein are
hereby reaffirmed;
WHEREAS as of February 16, 1999 said Employment Agreement is hereby amended as
follows:
Replace paragraph 2.1 of the Employment Agreement in its entirety with the
following:
2.1 During the Employment Period, the Employee shall serve in the capacity of
and hold the title of Executive Director, President, Chief Executive Officer,
and Chief Operating Officer of WellCare of New York, Inc., a New York State
certified health maintenance organization and a wholly-owned subsidiary of the
Company managed by the Company (the "WellCare HMO"), and shall be subject to the
supervision of, and shall have such authority as is delegated to her by the
Boards of Directors of the Company and WellCare HMO (the "Boards") or such
designee(s) as the Boards may from time to time determine consistent with such
position. The Employee hereby accepts such employment and agrees to undertake
the duties and responsibilities normally inherent in such position and such
other duties and responsibilities as the Boards shall from time to time
reasonably assign to her consistent with such position. Employee agrees to serve
on the Boards during the Employment Period, provided that she is proposed and
elected.
Replace paragraph 3.1 of the Employment Agreement in its entirety with the
following:
3.1 Salary. During the Employment Period, the Company shall pay the Employee, in
installments consistent with the Company's usual payroll practices, an annual
base salary of $190,000, which amount shall be subject to review as provided in
this Section 3.1. In the event that the Employee is, or is to be, employed for
less than a full payroll installment period, such installment of the annual base
salary shall be appropriately adjusted.
You also shall be entitled to a $47,500 stay bonus (the "Stay Bonus") due on
September 1, 1999, provided on such date you are then employed by the Company
under this Agreement.
Replace paragraph 15.5 of the Employment Agreement in its entirety with the
following:
15.5 Entire Agreement. This Employment Agreement, as amended by the Amendment
dated February 16, 1999, constitutes the entire agreement between the parties
and supersedes all prior agreements and understandings, whether written or oral,
relating to the subject matter of this Employment Agreement.
THE WELLCARE MANAGEMENT GROUP, INC.
By: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇
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▇▇▇▇▇ ▇. ▇▇▇▇▇▇, Acting President/CEO
EMPLOYEE
/s/ ▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇-▇▇▇▇▇▇
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