Exhibit 10.19
[Cenveo logo]
November 8, 2006
Xx. Xxxxxx X. Xxxxxx
Xxx Xxxxxxxxxx Xxxxx
Xxxxxxxx, Xxxxxxxxxxx 00000
Dear Xxx:
Reference is made to the employment agreement (the "Employment
Agreement"), dated October 27, 2005, between you and Cenveo, Inc. (the
"Company"). This letter agreement (the "Amendment") will serve to amend the
Employment Agreement in the following respects, effective as of the date of
this letter. (Capitalized terms not defined in this Amendment will have the
same meaning as in the Employment Agreement.)
1. The first sentence of Section 1 ("Terms of Employment") of the
Employment Agreement is amended to extend the Term of the Employment Agreement
by two years by replacing the date "December 31, 2008," with the date
"December 31, 2010."
2. The first sentence of Section 2(a) ("Base Salary") of the
Employment Agreement is amended to increase the rate of your annual Base
Salary by replacing the amount "$950,000" with the amount "$1,000,001."
3. The second sentence of Section 2(b) ("Annual Incentive Bonus") of
the Employment Agreement is amended to increase your annual bonus opportunity
by replacing the percentage "200%" with the percentage "300%" immediately
preceding the words "of your Base Salary."
The Employment Agreement otherwise remains in full force and effect.
This Amendment may be executed in two or more counterparts, each of which will
constitute an original, and all of which together will constitute one and the
same.
If the foregoing terms and conditions are acceptable and agreed to by
you, please sign the line provided below to signify such acceptance and
agreement and return the executed copy to the undersigned.
2
CENVEO, INC.
By: /s/ Xxxxxxx X. Xxxxxxx
-----------------------
Name: Xxxxxxx X. Xxxxxxx
Title: Director and Chairperson of Compensation
Committee
Accepted and Agreed this
8th day of November, 2006.
/s/ Xxxxxx X. Xxxxxx, Xx.
--------------------------
Xxxxxx X. Xxxxxx, Xx.
