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

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.

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