Exhibit 10.3
AMENDMENT NO. 2 TO EMPLOYMENT AGREEMENT
This Amendment No. 2 to Employment Agreement (this "Amendment") is made and
entered into as of January 1, 2004, by and between ▇▇▇▇▇▇ Co., a Pennsylvania
corporation (the "Company"), and ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ ("Executive").
WHEREAS, the Company and Executive desire to enter into this Amendment to
certain terms of the Amended Employment Agreement dated as of May 31, 2000 (the
"Agreement").
NOW THEREFORE, the Company and Executive agree as follows:
1. PLACE AND TERM OF EMPLOYMENT
Section 2 of the Agreement shall be amended by deleting such section in its
entirety and replacing it with the following:
Executive's Period of Employment shall commence on June 15, 1999 unless the
parties mutually agree upon an earlier date (the date on which Executive
actually starts working for the Company pursuant hereto is referred to herein as
"Commencement Date"). Subject to Section 8 hereunder, the term of this Agreement
shall be through December 31, 2006. This Employment Agreement shall be
automatically renewed for successive one (1) year periods thereafter unless
either party gives notice otherwise within 12 months, but not less than 6 months
prior to an expiration.
2. REMAINING PROVISIONS.
All provisions of the Agreement not otherwise amended by this Amendment
shall remain in full force and effect.
IN WITNESS WHEREOF, this Amendment has been duly executed as of the day and
year first above written.
▇▇▇▇▇▇ CO., a Pennsylvania
Corporation
By: /s/ ▇▇▇▇ ▇. ▇▇▇▇▇▇
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Name: ▇▇▇▇ ▇. ▇▇▇▇▇▇
Title: Vice President, Secretary &
General Counsel
EXECUTIVE
/s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇
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▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇
