Amendment to Employment Agreement Between Steve Curd and VantageMed Corporation (May 9, 2006)

Summary

This amendment updates the employment agreement between Steve Curd and VantageMed Corporation. It changes the terms regarding stock option vesting, stating that all unvested options will fully vest if there is a change of control in the company. Additionally, if Steve Curd is terminated or resigns under certain conditions within 90 days before a change of control, his options will also fully vest. All other terms of the original agreement remain unchanged.

EX-10.1 3 vc5777ex101.txt EXHIBIT 10.1 Exhibit 10.1 AMENDMENT TO EMPLOYMENT AGREEMENT DATED NOVEMBER 8, 2004 BETWEEN STEVE CURD AND VANTAGEMED CORPORATION 1. Paragraph 6 of the Employment Agreement dated November 8, 2004 between Steve Curd and VantageMed Corporation (the "Employment Agreement") is hereby amended to read as follows: 6. Acceleration of Option on a Change of Control. The Option shall provide that all of the unvested portion of the Option will vest upon a Change of Control (as defined in the Stock Option Plan). If the Employee is terminated or Resigns pursuant to Paragraph 4(d) or 4(e) hereunder within ninety (90) days prior to a Change in Control, the Option will accelerate upon the Change in Control as set forth in this Paragraph 6. 2. Except as otherwise described herein, the terms and conditions of the Employment Agreement remain in full force and effect. IN WITNESS WHEREOF, the parties have executed this Agreement as of the date and year written below. VantageMed Corporation By: ------------------------------ Liesel Loesch Date: May 9, 2006 Its: Chief Financial Officer ------------------------------ Date: May 9, 2006 Steve Curd