Amendment to Employment Agreement between American Color Graphics, Inc. and Patrick W. Kellick

Summary

This amendment, dated October 3, 2007, modifies the employment agreement between American Color Graphics, Inc. and Patrick W. Kellick. The change updates the timing for a specific action in Section 5.1.1 of the original agreement, replacing the phrase "within 10 business days after" with "on" in both instances. The amendment is intended to provide additional incentives for Mr. Kellick to remain employed with the company. Both parties have agreed to the revised terms as of the date above.

EX-10.4.(B) 3 g09975exv10w4wxby.htm EX-10.4.(B) AMENDMENT TO EMPLOYMENT AGREEMENT AMONG GRAPHICS, HOLDINGS AND PATRICK W. KELLICK EX-10.4.(B) AMENDMENT TO EMPLOYMENT AGREEMENT  

         
EXHIBIT 10.4(b)
     AMENDMENT dated as of October 3, 2007, between AMERICAN COLOR GRAPHICS, INC., a New York corporation (the “Company”), and PATRICK W. KELLICK (the “Executive”).
     WHEREAS, the Executive entered an employment agreement with the Company dated as of April 19, 2007, as amended (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 after” is amended in its entirety, in both instances, 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/ Stephen M. Dyott    
    Name:   Stephen M. Dyott   
    Title:   Chairman and CEO   
         
  EXECUTIVE
 
 
  /s/ Patrick W. Kellick    
  Name:   Patrick W. Kellick   
     

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