Incentive Bonus Amendment Letter Agreement between ARC Document Solutions, Inc. and Kumarakulasingam Suriyakumar

Summary

ARC Document Solutions, Inc. and Kumarakulasingam Suriyakumar have agreed to modify the terms of Suriyakumar's incentive bonus for the fiscal year ending December 31, 2013. The total bonus will be $1,516,000, with 30% paid in cash and 70% in restricted ARC common stock. All other terms of the original employment agreement remain unchanged. This amendment is effective upon signing by both parties.

EX-10.47 3 arc-12312013xex1047.htm EXHIBIT ARC-12.31.2013-Ex 10.47

Exhibit 10.47

March 13, 2014

Mr. Kumarakulasingam “Suri” Suriyakumar

c/o ARC Document Solutions, Inc.

1981 North Broadway, Suite 385

Walnut Creek, California 94596

Dear Suri:

You have agreed that the Incentive Bonus payable for the fiscal year ended December 31, 2013 under the Amended and Restated Executive Employment Agreement between you and American Reprographics Company (“ARC”), entered into on March 21, 2011 (the “Employment Agreement”), shall be $1,516,000, of which thirty percent (30%) shall be paid in cash and 70% in restricted shares of ARC common stock. Terms not defined in this letter agreement have the meaning ascribed to them in the Employment Agreement.

Except as expressly amended by this letter agreement, the Employment Agreement will remain in full force and effect.

Please sign below if the above accurately reflects our agreement on this matter.

Sincerely,

ARC Document Solutions Inc.

/s/ DILANTHA WIJESURIYA

Dilantha Wijesuriya

Chief Operating Officer

Agreed and Accepted:

/s/ KUMARAKULASINGHAM SURIYAKUMAR

Kumarakulasingam Suriyakumar