1
EXHIBIT 10.6(a)
ADDENDUM TO EMPLOYMENT AGREEMENT
Reference is made to the Employment Agreement (the "Agreement") effective as of
January 1, 2000 between Xxxxxxx X. Xxxxxxxx ("Xxxxxxxx") and Genomic Solutions
Inc. (the "Company").
The parties have determined that the Agreement described shall be modified,
effective January 1, 2001, and such modifications shall be binding on Xxxxxxxx
and the Company. Except as expressly modified by this addendum, the Agreement
remains in full force and effect.
3. Devotion to the Company's Business. Xxxxxxxx shall devote his
entire productive time, ability and attention to the business of the
Company during the term of this Agreement; however, the expenditure of
reasonable amounts of time for various charitable and other community
activities, or to Xxxxxxxx own personal investments and projects,
provided the amount of time so devoted does not materially impair,
detract or adversely affect the performance of Xxxxxxxx duties under
this Agreement, shall not be deemed a breach of this Agreement. No
outside business activities will be competitive with current or planned
business lines of the Company. If an activity is unclear as to its
potential conflict with the Company, a panel of non-interested GSI
directors shall make a final determination.
4b. Base Compensation. As compensation for the services to be
performed hereafter, the Company shall pay to Xxxxxxxx, for the
calendar year 2001, a base salary (the "Base Salary") of Three Hundred
Forty-Five Thousand Dollars ($345,000), payable in twenty-four (24)
equal semi-monthly payments of Fourteen Thousand Three Hundred
Seventy-Five Dollars ($14,375).
4d,I. Performance Bonuses. Xxxxxxxx shall be eligible for the
performance bonuses set forth herein, which if earned, shall be paid
either annually, semi-annually or quarterly as determined by the
Compensation Committee of the Board. For each calendar year under this
Agreement, Xxxxxxxx shall be eligible for a performance bonus not to
exceed Thirty-Five Percent (35%) of Xxxxxxxx' Base Salary for the year
in issue. The amount, if any, shall be determined in accordance with
criteria established by the Compensation Committee of the Board, in
consultation with Xxxxxxxx, at the beginning of each calendar year.
Should a performance bonus be earned, it shall be paid no later than
March 31st of the year following the year in which the bonus was
earned.
Agreed to and accepted this 19th day of December, 2000.
Genomic Solutions, Inc.
By: /s/ J. Xxxxxxx Xxxxxxxxx
-------------------------------
J. Xxxxxxx Xxxxxxxxx
Chairman, Compensation Committee
By: /s/ Xxxxxxx X. Xxxxxxxx
--------------------------------
Xxxxxxx X. Xxxxxxxx
