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

Summary

PolyMedica Corporation and Warren K. Trowbridge have agreed to extend the term of Mr. Trowbridge's employment. This letter amends their original employment agreement, extending the employment period to August 31, 2002. Both parties have signed to confirm their acceptance of this change.

EX-10.38 5 b40923pcex10-38.txt LETTER AGREEMENT WITH WARREN K. TROWBRIDGE EXHIBIT 10.38 September 24, 2001 Re: Amendment of 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 by a certain letter agreement dated as of December 14, 2000 (together, the "Employment Agreement"). Term of Employment. The Employment Period, as defined in Section 2 of the Employment Agreement, is extended to August 31, 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