Amendment to Employment Agreement between IVAX Diagnostics, Inc. and Giorgio D’Urso (July 13, 2005)
This amendment extends the employment agreement between IVAX Diagnostics, Inc. and Giorgio D’Urso for an additional four years, changing the expiration date from February 24, 2006, to February 24, 2010. All other terms and conditions of the original agreement remain unchanged. Both parties have agreed to this extension by signing the amendment.
Exhibit 10.1
IVAX DIAGNOSTICS, INC.
July 13, 2005
Giorgio D’Urso
c/o IVAX Diagnostics, Inc.
2140 N. Miami Avenue
Miami, FL 33137
| Re: | Employment Agreement, dated October 1, 1998, as amended February 24, 2004 (the “Agreement”) |
Dear Mr. D’Urso:
As you are aware, we are parties to the Agreement, which sets forth the terms and conditions of your employment by IVAX Diagnostics, Inc. (the “Company”). Terms not defined herein shall have the meanings ascribed to them in the Agreement.
The Term of the Agreement is currently set to expire on February 24, 2006. As previously discussed, both you and the Company desire to extend the Term for an additional four (4) years on the same terms and conditions stated in the Agreement. Accordingly, the new expiration date of the Term will be February 24, 2010.
If the foregoing correctly sets forth our agreement, please sign this letter in the space indicated below and return a signed copy to my attention.
| Sincerely, | ||
| IVAX Diagnostics, Inc. | ||
| By: | /s/ Duane Steele | |
| Duane Steele, | ||
| Vice President – | ||
| Business Development | ||
| Accepted and agreed to by: |
| /s/ Giorgio D’Urso |
| Giorgio D’Urso |
