Second Amendment to Employment Agreement between Radiologix, Inc. and Mark L. Wagar
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Summary
Radiologix, Inc. and Mark L. Wagar have amended their existing employment agreement, effective July 1, 2000. This amendment increases Wagar's annual base salary to $425,000, to be paid at least biweekly, and updates the company's address for official notices. All other terms of the original agreement remain unchanged.
EX-10.50 2 ex10-50.txt EMPLOYMENT AGREEMENT NO.2 - MARK L. WAGAR 1 EXHIBIT 10.50 AMENDMENT NUMBER 2 OF EMPLOYMENT AGREEMENT THIS AMENDMENT TO EMPLOYMENT AGREEMENT, effective as of July 1, 2000 is by and between Radiologix, Inc., a Delaware corporation (the "Company"), and Mark L. Wagar ("Wagar"). WHEREAS, the parties to this Amendment entered into that certain Employment Agreement, dated as of May 20, 1998, which was amended pursuant to that certain Amendment of Employment Agreement, dated as of January 1, 1999 (collectively, the "Employment Agreement"); and WHEREAS, the Company and Wagar desire to enter into this Amendment in order to reflect an increase in Wagar's base salary and to make certain other amendments; NOW, THEREFORE, in consideration of the mutual covenants and conditions set forth herein, the parties hereby agree as follows: 1. The Employment Agreement is hereby amended to delete the existing Section 3.1 and to add the following as a new Section 3.1: "Section 3.1 SALARY. For the performance of Wagar's duties hereunder, the Company shall pay Wagar an annual salary of $425,000, payable (less required withholdings) no less frequently than every two weeks." 2. For purposes of delivering notice to the Company, the address that should be inserted into Section 6.8 should be as follows: "Radiologix, Inc. 3600 Chase Tower, 2200 Ross Avenue Dallas, Texas ###-###-####." IN WITNESS WHEREOF, the undersigned parties have executed this Amendment effective as of the date first written above. RADIOLOGIX, INC. By: /s/ PAUL M. JOLAS -------------------------------- Paul M. Jolas General Counsel, Senior Vice President and Secretary 2 WAGAR: By: /s/ MARK L. WAGAR ---------------------- Mark L. Wagar