AMENDMENT #1 TO AMENDED AND RESTATED EMPLOYMENT AGREEMENT
EX-10.3 4 ex10-3.htm MARION AMENDMENT NO. 1 TO A&R EMPLOYMENT AGREEMENT
EXHIBIT 10.3
AMENDMENT #1 TO AMENDED AND RESTATED EMPLOYMENT AGREEMENT
ePlus inc. (the "Company"), a Delaware corporation, and Elaine D. Marion (the "Executive") (collectively, the "Parties") have previously entered into an Amended and Restated Employment Agreement (the "A&R Agreement"), effective August 1, 2013. The Parties hereby agree to this Amendment #1 ("Amendment #1"), to be effective June 9, 2015.
1. Paragraph 5(a) of the A&R Agreement shall be replaced in its entirety with the following:
| (a) | Effective June 10, 2015, Executive shall receive a base annual salary of four hundred fifteen thousand ($415,000 Dollars), which may be increased from time to time. |
No other provision of the A&R Agreement is affected by this Amendment #1.
| /s/ Phillip G. Norton | /s/ Elaine D. Marion | |||
| Phillip G. Norton | Elaine D. Marion | |||
| Chief Executive Officer and President | Chief Financial Officer | |||
| Date: | June 15, 2015 | Date: | June 12, 2015 | |
