Second Amendment to Amended and Restated Employment Agreement between Medical Staffing Network, Inc., MSN Holdings, Inc., and Kevin S. Little

Summary

This amendment updates the employment agreement between Medical Staffing Network, Inc., MSN Holdings, Inc., and Kevin S. Little. The main change extends the executive's employment term to end on December 26, 2004, unless terminated earlier under the agreement's terms. All other provisions of the original agreement remain unchanged. The amendment is effective as of January 15, 2002.

EX-10.7 12 a2069319zex-10_7.txt EX 10.7 Exhibit 10.7 SECOND AMENDMENT TO THE MEDICAL STAFFING NETWORK, INC. AMENDED AND RESTATED EMPLOYMENT AGREEMENT This Second Amendment (the "Amendment") to the Employment Agreement, dated as of August 20, 2001, among Medical Staffing Network, Inc. (the "Company"), MSN Holdings, Inc. ("Holdings") and Kevin S. Little (the "Executive") (the "Employment Agreement"), is entered into as of January 15, 2002. WHEREAS, the Company, Holdings and the Executive are presently parties to the Employment Agreement, which has subsequently been amended by the First Amendment; and WHEREAS, in consideration of the performance of future services by the Executive, the Company, Holdings and the Executive desire to further amend the Employment Agreement as set forth herein. NOW, THEREFORE, the Employment Agreement is hereby amended as follows: 1. The first sentence of Section 2 is amended to read as follows: Unless terminated pursuant to Section 6 hereof, the Executive's employment hereunder shall commence on the Closing Date (as defined in the Merger Agreement)(the "Commencement Date") and shall continue during the period ending on December 26, 2004 (the "Initial Employment Term"). 2. Except as provided herein and to the extent necessary to give full effect to the provisions of this Amendment, the terms of the Employment Agreement shall remain in full force and effect. [Signatures appear on following page] IN WITNESS WHEREOF, the parties hereto have entered into this Amendment effective as of the date first written above. MEDICAL STAFFING NETWORK, INC. /s/ Robert Adamson ------------------------------ Name: Robert Adamson Title: CEO MSN HOLDINGS, INC. By: /s/ Robert Adamson ------------------------------ Name: Robert Adamson Title: CEO EXECUTIVE By: /s/ Kevin S. Little ------------------------------ Kevin S. Little