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EXHIBIT 10.36
AMENDMENT NO. 3 TO
EMPLOYMENT AGREEMENT
This Agreement No. 3 is made as of September 11, 2000, by and between
Mercury Air Group, Inc., a New York corporation (hereinafter referred to as
"Employer"), and Xx. Xxxxxx X. Xxxxxx (hereinafter referred to as "Employee").
WHEREAS, Employer and Employee entered into that certain Employment
Agreement dated November 15, 1994, as amended on October 15, 1998, and on April
12, 1999, (as amended, the "Employment Agreement"); and
WHEREAS, Employer and Employee agree to amend the Employment Agreement to
reflect the wishes of the Compensation Committee of Employer to increase
Employee's Base Compensation by $250,000 and to enable the Employment Agreement
to continue in full force and effect.
NOW, THEREFORE, the parties hereby agree to amend the Employment Agreement
as follows: The Base Compensation figure of $270,000 in Paragraph Third,
subparagraph (a) is hereby deleted and replaced by the Base Compensation figure
of $520,000.
All other terms and conditions of the Employment Agreement remain
unchanged and in full force and effect.
IN WITNESS WHEREOF, the parties have executed this Agreement as of the day
and year first above written.
MERCURY AIR GROUP, INC.
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Xx. Xxxxxxx X. Xxxxx, Chairman of the Board
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Xxxxxx X. Xxxxxx, Individually