Amendment to Employment Agreement between JPS Industries, Inc. and Charles R. Tutterow dated May 8, 2002

Summary

JPS Industries, Inc. and Charles R. Tutterow have agreed to amend Mr. Tutterow's employment agreement, originally dated May 30, 2000. The amendment extends the term of his employment from May 31, 2002, to December 31, 2002. All other terms and conditions of the original agreement remain unchanged and in effect. This amendment is effective upon both parties signing the letter.

EX-10.2 4 g76648exv10w2.txt EMPLOYMENT AGREEMENT AMENDMENT DATED 5/8/2002 Exhibit 10.2 JPS INDUSTRIES, INC. 555 North Pleasantburg Drive Suite 202 Greenville, S.C. 29807-2181 Phone: (864) 239-3916 Fax: (864) 271-9939 Michael L. Fulbright Chairman, President and Chief Executive Officer May 8, 2002 Mr. Charles R. Tutterow 18315 Invergorden Lane Cornelius, NC 28031 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 May 31, 2002 to December 31, 2002. All references in the Agreement to May 31, 2002, shall hereafter be deemed to be December 31, 2002, and all references to the "Employment Period" shall hereafter be deemed to end on December 31, 2002. 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 - --------------------------- Charles R. Tutterow F-451-J-1