Amendment to Employment Agreement between American Color Graphics, Inc. and Stephen M. Dyott (October 3, 2007)
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Summary
This amendment, dated October 3, 2007, modifies the employment agreement between American Color Graphics, Inc. and Stephen M. Dyott. The change updates the timing of a specific obligation in Section 5.1.1, replacing the phrase "within 10 business days of" with "on." The amendment is intended to provide additional incentives for Mr. Dyott to remain employed with the company. Both parties have agreed to the revised terms as of the date of the amendment.
EX-10.2.(A) 2 g09975exv10w2wxay.htm EX-10.2.(A) AMENDMENT TO EMPLOYMENT AGREEMENT AMONG GRAPHICS, HOLDINGS AND STEPHEN M. DYOTT EX-10.2.(A) AMENDMENT TO EMPLOYMENT AGREEMENT
EXHIBIT 10.2(a)
AMENDMENT dated as of October 3, 2007, between AMERICAN COLOR GRAPHICS, INC., a New York corporation (the Company), and STEPHEN M. DYOTT (the Executive).
WHEREAS, the Executive entered an employment agreement with the Company dated as of April 19, 2007 (the Employment Agreement); and the Company desires to amend the Employment Agreement to provide additional incentives for the Executive to remain in the employ of the Company on the terms and conditions set forth herein, and the Executive desires to continue such employment on the terms and conditions set forth herein;
NOW, THEREFORE, in consideration of the covenants and agreements hereinafter set forth and for other good and valuable consideration, the parties hereto agree to amend the Employment Agreement as follows:
1. In the second sentence of Section 5.1.1, the phrase within 10 business days of is amended in its entirety to read on.
IN WITNESS WHEREOF, the Company has caused this Amendment to be duly executed and the Executive has hereunto set his hand, as of the day and year first above written.
AMERICAN COLOR GRAPHICS, INC. | ||||
By: | /s/ Patrick W. Kellick | |||
Name: | Patrick W. Kellick | |||
Title: | Secretary |
EXECUTIVE | ||||
/s/ Stephen M. Dyott | ||||
Name: | Stephen M. Dyott | |||
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