Amendment No. 1 to Employment Agreement between Ronald F. Woestemeyer and PROS Revenue Management, L.P.
This amendment updates the employment agreement between Ronald F. Woestemeyer and PROS Revenue Management, L.P. (formerly PROS Strategic Solutions, Inc.), effective February 2, 2004. The amendment revises the salary provision, setting Mr. Woestemeyer's monthly salary at $19,479.17, subject to applicable withholdings and deductions, with any future increases at the discretion of the Compensation Committee. All other terms of the original employment agreement remain unchanged and in effect.
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Exhibit 10.13.1
AMENDMENT NO. 1
To the Employment Agreement Dated January 15, 1999
By and Between Ronald F. Woestemeyer &
PROS Revenue Management, L.P. (Successor in Interest to PROS Strategic Solutions, Inc.)
This is Amendment No. 1 (the "Amendment") to the above referenced Employment Agreement, and shall be effective this 2nd day of February, 2004.
1.0 Amendment to Section 3(a) of Employment Agreement. The second sentence of paragraph 3(a) shall be amended and the revised section 3(a) shall now read as follows:
Salary. Employee shall be paid a salary of $19,479.17 per month, less applicable withholdings and deductions, in accordance with the Company's normal payroll procedures (the "Salary"). Any increase in the Salary shall be at the discretion of the Compensation Committee of the Board of Managers.
2.0 Effect on the Employment Agreement. Except as specifically amended hereby, the Employment Agreement and all other documents executed in connection therewith, shall remain in full force and effect and are hereby ratified and confirmed.
EXECUTED in Houston, Texas, this 2nd day of February 2004.
| Employee | |||
/s/ Ronald F. Woestemeyer Ronald F. Woestemeyer | |||
PROS Revenue Management, L.P. (Successor in Interest to PROS Strategic Solutions, Inc.) | |||
/s/ Charlie Murphy Charlie Murphy Executive Vice President & C.F.O. | |||
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