AMENDMENT #1 TO AMENDED AND RESTATED EMPLOYMENT AGREEMENT
EX-10.1 2 ex10-1.htm MARRON AMENDMENT NO. 1 TO A&R EMPLOYMENT AGREEMENT
Exhibit 10.1
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 August 1, 2016. The Parties hereby agree to this Amendment #1 ("Amendment #1"), to be effective June 8, 2017.
1. Paragraph 5(a) of the A&R Agreement shall be replaced in its entirety with the following:
| (a) | Effective June 8, 2017, Executive shall receive a base annual salary of seven hundred fifty thousand ($750,000 Dollars), which may be increased from time to time. |
No other provision of the A&R Agreement is affected by this Amendment #1.
| /s/ John E. Callies | /s/ Mark P. Marron | |||
| John E. Callies | Mark P. Marron | |||
| Chairman, Compensation Committee | Chief Executive Officer and President | |||
| Date: | June 12, 2017 | Date: | June 12, 2017 | |
