EXHIBIT 10(x)
September 15, 2000
Xx. Xxxxxx Xxxxx
Dear Xxxxxx:
We are writing to amend, effective October 1, 2000, the agreement between
you and Garan, Incorporated ("Garan") originally entered into on October 1,
1988, and subsequently amended and restated (the agreement, as amended and
restated and now again amended, "Employment Agreement"), with respect to your
continuing employment by Xxxxx. We have agreed that:
A. Section 1.3, Period of Employment, shall be amended to read
as follows:
"Your employment under this Employment Agreement shall be for
a term ending September 30, 2003 ("Term End")."
B. Section 3.2, Termination by Garan Other Than for Cause, shall be
amended (i) by changing the date in the first paragraph from "October 1, 2000"
to "October 1, 2003", and (ii) by changing the date in Paragraph 3.2.b from
"September 30, 2000" to September 30, 2003."
C. In all other respects, the Employment Agreement shall be
unchanged.
If the foregoing correctly sets forth our agreement, please sign and
return the enclosed copy of this letter.
Sincerely,
GARAN, INCORPORATED
By: /s/ Xxxxxxx Xxxxxxxxxxxx
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Xxxxxxx Xxxxxxxxxxxx, Chairman
AGREED AND ACCEPTED:
/s/ Xxxxxx Xxxxx
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Xxxxxx Xxxxx
