First Amendment to Employment Agreement between First Health Group Corp. and Joseph E. Whitters

Summary

This amendment updates the employment agreement between First Health Group Corp. and Joseph E. Whitters, originally dated May 1, 1999. Effective January 1, 2003, Mr. Whitters' annual salary is set at $250,000. All other terms of the original agreement remain in effect, except as modified by this amendment. Both parties affirm and ratify the amended agreement.

EX-10.29 3 exh10-29.txt AMENDMENT TO EMPLOYMENT AGREEMENT EXHIBIT 10.29 FIRST AMENDMENT TO THE EMPLOYMENT AGREEMENT DATED MAY 1, 1999, BETWEEN FIRST HEALTH GROUP CORP. AND JOSEPH E. WHITTERS THIS FIRST AMENDMENT is entered into as of the 1st day of November, 2003, by and between First Health Group Corp. ("First Health") and Joseph E. Whitters ("Employee"). WHEREAS, First Health and Employee have previously entered into that certain Employment Agreement, dated May 1, 1999 (the "Agreement"), under which First Health employs Employee; WHEREAS, First Health and Employee desire to amend the Agreement to change Employee's annual salary. NOW THEREFORE, in consideration of the mutual covenants contained in this Amendment and in the Agreement and other good and valuable consideration, the parties agree to amend the Agreement as follows: 1. Effective on and after January 1, 2003, the first sentence in Section 5(a) of the Agreement is replaced with the following: (a) Salary. Employee will receive an annual salary of $250,000. 2. The parties ratify and affirm the Agreement and agree that it is valid as amended herein. The terms of this Amendment shall prevail over any conflict with the terms of the Agreement. IN WITNESS WHEREOF, the parties have executed this Amendment as of the date first written above. Employee: First Health Group Corp. _________________________ By: _________________________ Joseph E. Whitters Edward L. Wristen Date: ___________________ Title: President & Chief Executive Officer Date: _______________________