Amendment to Employment Agreement Between JPS Industries, Inc. and Charles R. Tutterow
JPS Industries, Inc. and Charles R. Tutterow have agreed to extend the term of Mr. Tutterow's employment agreement by one year, changing the end date from December 31, 2002, to December 31, 2003. All other terms and conditions of the original agreement remain unchanged and in effect. This amendment is confirmed by both parties' signatures.
EXHIBIT 10.62
JPS INDUSTRIES, INC.
555 North Pleasantburg Drive
Phone: (864) 239-3916
Michael L. Fulbright
December 19, 2002
Mr. Charles R. Tutterow
Dear Mr. Tutterow:
We are writing with respect to your employment agreement (the “Agreement”) with JPS Industries, Inc. (the “Company”) dated May 30, 2000, a copy of which is attached hereto. The Company desires to amend the Agreement by extending the term of employment in the Agreement from December 31, 2002 to December 31, 2003. All references in the Agreement to December 31, 2002, shall hereafter be deemed to be December 31, 2003, and all references to the “Employment Period” shall hereafter be deemed to end on December 31, 2003. All other terms, definitions and conditions in the Agreement shall remain unchanged, and the Agreement shall remain in full force and effect with no changes other than as specifically referenced herein.
If the foregoing is satisfactory to you, please so indicate by signing and returning to the Company the enclosed copy of this letter agreement.
| JPS INDUSTRIES, INC. | |
| /s/ Michael L. Fulbright | |
| | |
| President and C.E.O. |
ACCEPTED AND AGREED TO:
/s/ Charles R. Tutterow
