Amendment to Severance Compensation and Restrictive Covenant Agreement between Matria Healthcare, Inc. and Yvonne V. Scoggins
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Summary
This amendment updates the Severance Compensation and Restrictive Covenant Agreement between Matria Healthcare, Inc. and Yvonne V. Scoggins. It revises the section defining the agreement's term, specifying that it remains in effect until Ms. Scoggins' employment ends due to death, disability, termination for cause by the company, or her voluntary resignation without good reason. The amendment is effective as of April 22, 2004, and is signed by both parties.
EX-10.1 2 exhibit10-1.htm AMENDMENT NON-CIC YVS Amendment Non-CIC YVS
Exhibit 10.1
AMENDMENT
That certain Severance Compensation and Restrictive Covenant Agreement (the Agreement) dated as of April 27, 2002 between MATRIA HEALTHCARE, INC., a Delaware corporation (the Company), and YVONNE V. SCOGGINS (the Executive) is hereby amended by deleting the text of Section 1 thereof and replacing it with the following:
1. Term.
(a) The term of this Agreement shall begin on April 27, 2002 and shall continue in effect until the termination of the Executives employment with the Company as a result of (i) the Executives death; (ii) the Executives Disability; (iii) the Executives termination by the Company for Cause; or (iv) the Executives decision to terminate employment other than for Good Reason.
All capitalized terms used herein and not otherwise defined herein shall have the meaning given to such term in the Agreement.
IN WITNESS WHEREOF, the parties have executed this Amendment to be effective as of the 22nd day of April, 2004.
MATRIA HEALTHCARE, INC. | ||
| | |
By: | /s/ | |
Parker H. Petit | ||
Title Chairman of the Board |
| | |
By: | /s/ | |
Yvonne V. Scoggins | ||
Title Executive |