Amendment to Employment Agreement between Amtech Systems, Inc. and Jong S. Whang

Summary

Amtech Systems, Inc. and Jong S. Whang have agreed to amend their existing employment agreement, originally dated February 9, 2012. The amendment reduces Mr. Whang's annual base salary from $400,000 to $320,000, effective July 1, 2012. All other terms of the original agreement remain unchanged.

EX-10.2 2 asys63012-ex102.htm AMENDMENT TO EMPLOYMENT AGREEMENT ASYS.6.30.12-EX10.2


AMENDMENT TO EMPLOYMENT AGREEMENT


Whereas, Amtech Systems, Inc. (“Company) and Jong S. Whang (“Executive”) entered into an Employment Agreement (the “Agreement”) dated February 9, 2012; and

Whereas, Company and Executive now desire to modify the Agreement pursuant to Paragraph 20 thereof, and to enter into this Amendment to Employment Agreement (“Agreement”);

The parties hereto therefore agree to the following modification to the Agreement, to be effective as of the date set forth below; with all unmodified portions of the Agreement to remain in full force and effect as written:

1.Section 2 of the Agreement is hereby amended to reduce the annual base compensation from $400,000 per annum to $320,000.

IN WITNESS WHEREOF, the parties hereto have executed this Amendment this _1st_ day of July, 2012.

Amtech Systems, Inc.


By   /s/ Bradley C. Anderson
Bradley C. Anderson,
                
Its Executive Vice President and Chief Financial Officer



By /s/ Jong S. Whang
Jong S. Whang, Executive