Amendment No. 1 to Employment Agreement between Medstone International, Inc. and David V. Radlinski
This amendment, effective July 24, 2003, updates the employment agreement between Medstone International, Inc. and David V. Radlinski, the company's Chief Executive Officer. The amendment changes the agreement's expiration date to December 31, 2003, and clarifies that any qualifying event during this extension will be treated as if it occurred in the fifth year of the contract. All other terms of the original agreement remain unchanged.
Exhibit 10.30
Amendment No. 1 to Employment Agreement with David Radlinski
MEDSTONE INTERNATIONAL, INC.
EMPLOYMENT AGREEMENT
AMENDMENT #1
Chief Executive Officer
This amendment is entered into effective July 24, 2003 (the Effective Date) by and between Medstone International, Inc., a Delaware Corporation, (Medstone) and David V. Radlinski (Employee) as Amendment #1 to the Employment Agreement dated August 13, 1998.
Whereas the original term of the agreement as specified in Item 3 was to be for a term of five (5) full years from the effective date of the Agreement, it is agreed between Medstone and the Employee that the term of the agreement is hereby amended to expire on December 31, 2003.
For the purposes of Sections 9 (c) and (c), any qualifying event during this extension will be deemed as having occurred in the fifth (5th) year of the contract.
All other terms and conditions remain as stated in the original Agreement.
| MEDSTONE INTERNATIONAL, INC. | Employee | ||
| A Delaware corporation |
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| By: | /s/ MARK SELAWSKI |
| /s/ DAVID V. RADLINSKI |
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| Mark Selawski |
| David V. Radlinski |
