Amendment No. 1 to Employment Agreement between Michael Porche and Distribution Services, Inc.
This amendment updates the employment agreement between Michael Porche and Distribution Services, Inc., extending Mr. Porche's employment term until December 31, 2009. All other terms and conditions of the original agreement, as well as any previous amendments, remain unchanged and in effect. The amendment is effective as of November 1, 2007, and is signed by both parties.
Exhibit 10.22
AMENDMENT NO. 1, dated as of November 1, 2007, to that Employment Agreement dated December 18, 2003 (the Agreement) by and between Michael Porche (the Executive) and Distribution Services, Inc. (the Company). |
Effective as of the date first written above, the Agreement is hereby amended as follows:
1. Paragraph 1a of the Agreement, as amended, is hereby deleted and the following substituted therefore:
Employment Term. The Company shall employ Executive until December 31, 2009 (the Employment Term) on the terms and subject to the conditions set forth in this Agreement. The Agreement shall be considered effective as of December 22, 2003 (the Effective Time).
All other terms and conditions of Executives Employment Agreement and any subsequent amendments of that Employment Agreement shall remain in full force and effect.
IN WITNESS WHEREOF, the parties hereto have duly executed this Amendment No. 1 as of the date first written above.
Distribution Services, Inc. | ||||
By: | /s/ Daniel Rotstein | 11/3/07 | ||
Daniel Rotstein | Date | |||
/s/ Michael Porche | 11/2/07 | |||
Michael Porche | Date |