Amendment to Employment Agreement between Cenveo, Inc. and Robert G. Burton, Sr. (November 8, 2006)
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Summary
This amendment updates the employment agreement between Cenveo, Inc. and Robert G. Burton, Sr. It extends Mr. Burton's employment term by two years, increases his annual base salary to $1,000,001, and raises his annual bonus opportunity to 300% of his base salary. All other terms of the original agreement remain unchanged. The amendment is effective as of November 8, 2006, and is binding upon signature by both parties.
EX-10.19 2 ex10p19.txt Exhibit 10.19 [Cenveo logo] November 8, 2006 Mr. Robert G. Burton One Canterbury Green Stamford, Connecticut 06901 Dear Bob: Reference is made to the employment agreement (the "Employment Agreement"), dated October 27, 2005, between you and Cenveo, Inc. (the "Company"). This letter agreement (the "Amendment") will serve to amend the Employment Agreement in the following respects, effective as of the date of this letter. (Capitalized terms not defined in this Amendment will have the same meaning as in the Employment Agreement.) 1. The first sentence of Section 1 ("Terms of Employment") of the Employment Agreement is amended to extend the Term of the Employment Agreement by two years by replacing the date "December 31, 2008," with the date "December 31, 2010." 2. The first sentence of Section 2(a) ("Base Salary") of the Employment Agreement is amended to increase the rate of your annual Base Salary by replacing the amount "$950,000" with the amount "$1,000,001." 3. The second sentence of Section 2(b) ("Annual Incentive Bonus") of the Employment Agreement is amended to increase your annual bonus opportunity by replacing the percentage "200%" with the percentage "300%" immediately preceding the words "of your Base Salary." The Employment Agreement otherwise remains in full force and effect. This Amendment may be executed in two or more counterparts, each of which will constitute an original, and all of which together will constitute one and the same. If the foregoing terms and conditions are acceptable and agreed to by you, please sign the line provided below to signify such acceptance and agreement and return the executed copy to the undersigned. 2 CENVEO, INC. By: /s/ Patrice M. Daniels ----------------------- Name: Patrice M. Daniels Title: Director and Chairperson of Compensation Committee Accepted and Agreed this 8th day of November, 2006. /s/ Robert G. Burton, Sr. - -------------------------- Robert G. Burton, Sr.