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AMENDMENT TO EMPLOYMENT,
CONFIDENTIALITY AND NON-COMPETE
AGREEMENT BY AND BETWEEN MEDCATH INCORPORATED
AND JAMES A PARKER
(EFFECTIVE DATE FEBRUARY 18, 2001)
This Amendment to
the Employment, Confidentiality and Non-Compete Agreement by and
between MedCath Incorporated and James A. Parker (Effective Date
February 18, 2001) (“Amendment”) is made as of
August 14, 2009 by and between MEDCATH INCORPORATED , a
North Carolina corporation (the “Company”) and JAMES
A. PARKER (“Employee”).
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1.
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Employee has been employed by the
Company prior to the date hereof;
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2.
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Employee and Company desire to
continue Employee’s employment as Treasurer and Director of
Investor Relations performing duties as the job has been amended in
accordance with the terms of Employee’s Employment,
Confidentiality and Non-Compete Agreement (Effective Date
February 18, 2001) (“Employment Agreement”) and in
accordance with the terms of this Amendment, which provides new and
additional consideration not previously provided to Employee by the
Company;
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NOW, THEREFORE,
for good and valuable consideration, the receipt and sufficiency of
which is hereby acknowledged, Employee and Company hereby agree as
follows:
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1.
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Paragraph 5(b) of
Employee’s Employm
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