EXHIBIT 10.1
FIRST AMENDMENT TO EMPLOYMENT AGREEMENT
THIS FIRST AMENDMENT TO EMPLOYMENT AGREEMENT is made and entered into as of
the 15th day of May, 1997 (the "First Amendment"), by and between XXXXXXX X.
XXXXXXXXX (hereinafter referred to as "Employee") and DATA RESEARCH
ASSOCIATES, INC. (hereinafter referred to as "Employer"), in connection
with that certain Employment Agreement dated April 17, 1997
(the "Agreement").
WHEREAS, Employee wishes to amend the Agreement.
NOW, THEREFORE, in consideration of the mutual covenants contained therein,
the Agreement is amended as follows:
The first sentence of paragraph THIRD, section (j) shall be deleted
in its entirety and the following language substituted in lieu thereof:
"To the extent not otherwise provided by the Employer in
subparagraph (f) of this paragraph THIRD, Employee shall,
at Employer's sole cost and expense, maintain in full force
and effect an insurance policy or policies providing term
life insurance coverage on the life of Employee in an aggregate
amount of not less than Five Hundred Thousand Dollars ($500,000),
for the benefit of the beneficiaries named by Employee, or such
beneficiaries as may be otherwise designated from time to time
by Employee."
The Agreement otherwise shall remain in full force and effect.
IN WITNESS WHEREOF, the parties have executed this First Amendment as of the
day and year first above written.
EMPLOYEE:
/s/ Xxxxxxx X. Xxxxxxxxx
-----------------------------
Xxxxxxx X. Xxxxxxxxx
President and Chief Executive Officer
EMPLOYER:
DATA RESEARCH ASSOCIATES, INC.
/s/ Xxxxxxxxx X. Xxxxx
By:-------------------------
Xxxxxxxxx X. Xxxxx
Vice President and Chief Financial Officer
