Amendment No. 1 to Employment Agreement Between Stewart Enterprises, Inc. and Brent F. Heffron

Summary

This amendment updates the employment agreement between Stewart Enterprises, Inc. and Brent F. Heffron. Effective July 14, 2005, Mr. Heffron's title becomes Executive Vice President and President — Eastern Division, with a base salary of $325,000 starting August 1, 2005. He may receive a $25,000 salary increase in 2006 based on performance criteria set by the Compensation Committee. For fiscal year 2006, he is eligible for a bonus of up to 130% of his base salary, depending on performance. His principal work location is the Greenville, South Carolina area.

EX-10.2 3 h29565exv10w2.htm AMENDMENT NO. 1 TO EMPLOYMENT AGREEMENT - BRENT F. HEFFRON exv10w2

Exhibit 10.2

Amendment No. 1 to
Appendix A to Employment Agreement
Between Stewart Enterprises, Inc.
and
Brent F. Heffron

Base Salary, Bonus Compensation and Benefits

1.		Effective July 14, 2005, Employee’s title(s) shall be Executive Vice President and President — Eastern Division. Effective August 1, 2005, Employee’s Base Salary shall be $325,000. Effective August 1, 2006, Employee shall be eligible for a Base Salary increase of $25,000 per year, based upon the achievement of performance criteria to be established by the Compensation Committee. Employee’s principal location shall be Greenville, South Carolina metropolitan area.

2.		Paragraph 2 of Appendix A is unaffected by this amendment and remains in full force and effect.

3.		For Fiscal Year 2006, the Employee shall be eligible to receive a maximum Bonus of up to 130% of his Base Salary (or up to $422,500) based on such performance criteria as the Compensation Committee shall deem appropriate in its discretion.


	Agreed to and accepted: STEWART ENTERPRISES, INC.
Date: October 11, 2005	By:	/s/JAMES W. MCFARLAND
		James W. McFarland
	Compensation Committee Chairman


	EMPLOYEE
Date: October 11, 2005	/s/ BRENT F. HEFFRON
	Brent F. Heffron