Amendment to Employment Agreement between ICO, Inc. and Christopher N. O'Sullivan

Summary

This amendment, effective July 23, 2003, modifies the employment agreement between ICO, Inc. and Christopher N. O'Sullivan by deleting Article 2.9 from the original agreement. All other terms of the employment agreement remain unchanged and in effect. Both parties have agreed to and signed this amendment.

EX-10.5 7 doc6.txt EXHIBIT 10.5 AMENDMENT TO EMPLOYMENT AGREEMENT This Amendment ("Amendment") is made and effective on July 23, 2003. WHEREAS, effective June 21, 2003, ICO, Inc., a Texas corporation, and its subsidiaries and affiliates ("Employer"), and Christopher N. O'Sullivan ("Employee") entered in to an Employment Agreement ("Agreement"); and WHEREAS, the parties desire to amend the Agreement, as set forth herein. NOW, THEREFORE, Employer and Employee agree as follows: 1. Article 2.9 of the Agreement is hereby deleted. 2. All terms and conditions in the Agreement that are not amended by this Amendment continue to be in full force and effect. IN WITNESS WHEREOF, Employer and Employee have duly executed this Amendment in multiple originals, to be effective on the date set forth above. EMPLOYER: ICO, Inc. BY: /s/ Jon C. Biro ----------------------------------------- Jon C. Biro Chief Financial Officer and Treasurer EMPLOYEE: /s/ Christopher N. O'Sullivan ----------------------------------------- Christopher N. O'Sullivan