AMENDMENT #1 TO AMENDED AND RESTATED EMPLOYMENT AGREEMENT
EX-10.2 3 ex10-2.htm MARRON AMENDMENT NO 1 TO A&R EMPLOYMENT AGREEMENT
EXHIBIT 10.2
AMENDMENT #1 TO AMENDED AND RESTATED EMPLOYMENT AGREEMENT
ePlus inc. (the "Company"), a Delaware corporation, and Mark P. Marron (the "Executive") (collectively, the "Parties") have previously entered into an Amended and Restated Employment Agreement (the "A&R Agreement"), effective September 6, 2017, and executed by Executive on November 20, 2017, and the Company on December 12, 2017. The Parties hereby agree to this Amendment #1 ("Amendment #1"), to be effective July 16, 2018.
1. Paragraph 5(a) of the A&R Agreement shall be replaced in its entirety with the following:
| (a) | Effective April 1, 2018, Executive shall receive a base annual salary of eight hundred thousand dollars ($800,000), which may be increased from time to time. |
No other provision of the A&R Agreement is affected by this Amendment #1.
| /s/ Barbara Tiano | /s/ Mark P. Marron | |||
| Barbara Tiano, Vice President Human Resources On behalf of John E. Callies | Mark P. Marron | |||
| Chairman, Compensation Committee | Chief Executive Officer and President | |||
| Date: | July 16, 2018 | Date: | July 16, 2018 | |
