Amendment to Executive Employment Agreement between PolyMedica Corporation and Warren K. Trowbridge

Summary

PolyMedica Corporation and Warren K. Trowbridge have agreed to amend Mr. Trowbridge's existing executive employment agreement. Effective April 1, 2002, Mr. Trowbridge's base salary will be increased to $325,000. This amendment is formalized through mutual agreement, as indicated by both parties' signatures.

EX-10.51 8 b43472pcexv10w51.txt AMENDED EMPLOYMENT AGREEMENT W/ WARREN TROWBRIDGE EXHIBIT 10.51 Warren K. Trowbridge 2421 S.E. Bahia Way Stuart, FL ###-###-#### Re: AMENDMENT TO EXECUTIVE EMPLOYMENT AGREEMENT Dear Keith, This letter agreement serves to further amend the Employment Agreement dated as of September 1, 2000, by and between you and PolyMedica Corporation (the "Company"), as amended December 14, 2000; September 24, 2001; October 4, 2001; and January 31, 2002 (together, the "Executive Employment Agreement"). SALARY. The Base Salary, as defined in Section 3.1. of the Executive Employment Agreement, shall be increased to $325,000 effective April 1, 2002. If the foregoing is acceptable to you, please indicate your agreement by signing a copy of this letter agreement and returning it to the undersigned. Very truly yours, /s/ Steven J. Lee ------------------------------------ Steven J. Lee Chairman and Chief Executive Officer ACCEPTED AND AGREED TO: /s/ Warren K. Trowbridge - ---------------------------- Warren K. Trowbridge