1
EXHIBIT 10.40
CONFIDENTIAL
[ ] Xxxxxx'x Copy
[ ] Company's Copy
SECOND AMENDMENT TO
EMPLOYMENT AGREEMENT
To XXXXXX X. XXXXXX:
By signing below, you agree to an amendment (the "Amendment") to your Employment
Agreement with Metrocall, Inc. (the "Company") dated as of May 15, 1996 (the
"Employment Agreement") as amended January 1, 1997. The Second Amendment is
effective as of January 1, 1998.
New language in the Employment Agreement is shown double underlined,
deleted language is shown in strikeout, and language that is unchanged is
indicated by plain text or an ellipsis (. . .); provided, however, that the
deleted language, double underlining, and ellipses are for convenience only and
are not part of the Employment Agreement as amended:
Section 4, as amended, reads:
4. Salary, Bonus, and Expenses.
(a) In consideration for the Executive's services, the Company shall pay
to the Executive an annual base salary (the "Base Salary") from
January 1, 1998 equal to Three Hundred Twenty-Five Thousand Dollars
($325,000). . . .
(b) . . .
(e) Executive will be eligible for a fifty percent (50%) of Base Salary
target Bonus for 1998.
The Employment Agreement, except as amended and modified above, remains in
effect.
METROCALL, INC.
Date: June 18, 1998 By: /s/ XXXXXXX X. XXXXXXXX
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Xxxxxxx X. Xxxxxxxx
Chairman
Date: /s/ XXXXXX X. XXXXXX
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Xxxxxx X. Xxxxxx
