Amendment No. 1 to Amended and Restated Employment Agreement between ePlus inc. and Elaine D. Marion

Contract Categories: Human Resources › Employment Agreements
Summary

ePlus inc. and Elaine D. Marion have agreed to amend their existing employment agreement. Effective June 8, 2017, Ms. Marion's base annual salary is set at $450,000, with the possibility of future increases. All other terms of the original agreement remain unchanged.

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EX-10.2 3 ex10-2.htm MARION 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 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, 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 four hundred fifty thousand ($450,000 Dollars), which may be increased from time to time.

No other provision of the A&R Agreement is affected by this Amendment #1.



/s/ Mark P. Marron    /s/ Elaine D. Marion 
Mark P. Marron
  
Elaine D. Marion
Chief Executive Officer and President
Chief Financial Officer
       
Date:
  June 12, 2017
Date:
  June 12, 2017