AMENDMENT #4 TO EMPLOYMENT AGREEMENT

EX-10.1 2 ex10-1.htm NORTON AMENDMENT NO. 4 TO EMPLOYMENT AGREEMENT

EXHIBIT 10.1

ePlus inc. (the "Company"), a Delaware corporation, and Phillip G. Norton (the "Executive") (collectively, the "Parties") have previously entered into an Employment Agreement and amendments, as follows, collectively referred to as the "Agreement."

	Effective Date		Document
	October 1, 2011		Employment Agreement
	August 1, 2012		Amendment #1
	July 1, 2013		Amendment #2
	February 14, 2014		Amendment #3

The Parties hereby agree to this Amendment #4 ("Amendment #4").

1. Paragraph 5(a) of the Agreement shall be replaced in its entirety with the following:

(a)	Effective June 10, 2015, Executive shall receive a base annual salary of seven hundred and ninty-five thousand ($795,000 Dollars). The salary will be reviewed by the Company's Compensation Committee on an annual basis, and may be increased from time to time.

No other provision of the Agreement is affected by this Amendment #4.

Signed: /s/ John E. Callies		Signed: /s/ Phillip G. Norton
John E. Callies		Phillip G. Norton
Chairman, Compensation Committee		Chief Executive Officer and President

Date: June 11, 2015		Date: June 15, 2015