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AMENDMENT NUMBER 1 TO THE
CERNER ASSOCIATE EMPLOYMENT AGREEMENT
This
AMENDMENT NUMBER 1 TO THE CERNER ASSOCIATE EMPLOYMENT AGREEMENT, by
and between CERNER CORPORATION (“Cerner”) and E.H.
Devanny, III (“you”), is effective November 1,
2008.
Cerner
and you entered into an employment agreement dated
August 13 th ,
1999 (the “Employment Agreement”) and, in order for the
Employment Agreement to be compliant with the new deferred
compensation rules under Internal Revenue Code Section 409A,
both parties desire to amend the Employment Agreement as
follows:
1.
The following sentence shall be added as the last sentence in
Section 2.C.
For purposes of
this entire agreement, any reference to “terminates your
employment,” “terminated your employment” or
words of similar effect shall have the same meaning as a
“separation from service” under Internal Revenue Code
(the “Code”) section 409A(a)(2)(A)(i) and are to be
interpreted in a manner consistent with such section and applicable
Treasury
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