Amendment to Employment Agreement between Harland Clarke Holdings Corp. and Daniel Singleton
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Summary
Harland Clarke Holdings Corp. and Daniel Singleton have agreed to amend their existing employment agreement. The amendment extends the term of Daniel Singleton's employment from December 31, 2010, to December 31, 2013. All other terms and conditions of the original employment agreement remain unchanged. This amendment is effective as of February 2, 2010.
EX-10.22 3 y03063exv10w22.htm EX-10.22 exv10w22
Exhibit 10.22
AMENDMENT TO THE EMPLOYMENT AGREEMENT
BETWEEN HARLAND CLARKE HOLDINGS CORP.
AND DANIEL SINGLETON
BETWEEN HARLAND CLARKE HOLDINGS CORP.
AND DANIEL SINGLETON
WHEREAS, Harland Clarke Holdings Corp., a Delaware corporation (the Company), and Daniel Singleton (the Executive) entered into an employment agreement (as amended, the Employment Agreement) dated as of February 7, 2008;
WHEREAS, the Company and the Executive wish to modify the term of employment set forth in the Employment Agreement;
NOW, THEREFORE, for good and valuable consideration, the sufficiency of which is hereby acknowledged, the Company and the Executive hereby agree to amend the Employment Agreement, effective as of February 2, 2010, as set forth below:
1. | Section 2.1 is hereby modified by deleting the date of December 31, 2010 and inserting in its place the date December 31, 2013. | ||
2. | All other terms and conditions of the Employment Agreement shall otherwise remain in place, except as expressly amended herein. |
IN WITNESS WHEREOF, the parties have executed this Amendment to the Employment Agreement effective as of February 2, 2010.
HARLAND CLARKE HOLDINGS CORP. | ||||
By: | /s/ Charles Dawson | |||
Name: | Charles Dawson | |||
Title: | President & CEO | |||
/s/ Daniel Singleton | ||||
Daniel Singleton | ||||
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