EMPLOYMENT AGREEMENT DATED NOVEMBER 1, 2000 AS AMENDED ON SEPTEMBER 30, 2002
EXHIBIT 10.1
AMENDMENT TO JOHN A. MORELLIS
EMPLOYMENT AGREEMENT
DATED NOVEMBER 1, 2000
AS AMENDED ON SEPTEMBER 30, 2002
THIS AMENDMENT, made as of the 5th day of December 2003 by and between Firearms Training Systems, Inc and FATS, Inc., both Delaware corporations (collectively as the Company), and John A. Morelli (the Executive).
THIS AMENDMENT hereby amends certain terms of Mr. Morellis employment agreement as follows:
1. Employment Term - the term of this employment agreement is hereby extended by one year and shall end on October 1, 2005.
All other terms and conditions of Mr. Morellis employment agreement remain as stated in the September 30th, 2002 Employment Agreement Amendment.
IN WITNESS WHEREOF, the parties have executed this Amendment the day and year above written.
Firearms Training Systems, Inc. | ||
FATS, INC. | ||
By: |
/s/ Ron R. Mohling | |
Ron R. Mohling | ||
Its: | Chairman of the Board and CEO | |
Executive: | ||
By: |
/s/ John A. Morelli | |
John A. Morelli | ||
Chief Financial Officer |