Amendment to Supplemental Employment Agreement between ICO, Inc. and Timothy J. Gollin

Summary

This amendment, effective July 14, 2003, is between ICO, Inc. and its subsidiaries (the Employer) and Timothy J. Gollin (the Employee). It changes the date referenced in certain sections of their prior Supplemental Agreement from July 15, 2003, to August 15, 2003. All other terms of the Supplemental Agreement remain unchanged. The amendment is signed by both parties and takes effect as of the stated date.

EX-10.2 4 doc3.txt EXHIBIT 10.2 Amendment to Supplemental Agreement This Amendment to Supplemental Agreement ("Amendment") is entered into by and between ICO, Inc., a Texas corporation, and its subsidiaries and affiliates ("Employer"), and Timothy J. Gollin ("Employee"), to be effective July 14, 2003 (the "Effective Date"). WITNESSETH: WHEREAS, Employee and Employer are parties to an Employment Agreement ("the 2001 Agreement") effective June 21, 2001, and a Supplemental Agreement (the "Supplemental Agreement") effective June 19, 2003, supplementing the terms of the referenced 2001 Agreement; WHEREAS, Employee and Employer desire to amend the Supplemental Agreement, as set forth herein. NOW, THEREFORE, for and in consideration of the mutual promises, covenants, and obligations contained herein, Employer and Employee agree as follows: 1. All references to "July 15, 2003" contained in paragraphs 2, 3, and 4 of the Supplemental Agreement are hereby specifically changed to "August 15, 2003." 2. Except as expressly modified by this Amendment, the terms and conditions in the Supplemental Agreement remain in effect. IN WITNESS WHEREOF, Employer and Employee have duly executed this Amendment in multiple originals to be effective on the Effective Date. EMPLOYER: ICO, Inc. BY: /s/ Christopher N. O'Sullivan -------------------------------- Christopher N. O'Sullivan President and Chairman EMPLOYEE: /s/ Timothy J. Gollin -------------------------------- Timothy J. Gollin