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AMENDMENT TO EMPLOYMENT AGREEMENT

Employment Agreement Amendment

AMENDMENT TO EMPLOYMENT AGREEMENT | Document Parties: GLOWPOINT INC You are currently viewing:
This Employment Agreement Amendment involves

GLOWPOINT INC

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Title: AMENDMENT TO EMPLOYMENT AGREEMENT
Date: 3/19/2009
Industry: Communications Services     Sector: Services

AMENDMENT TO EMPLOYMENT AGREEMENT, Parties: glowpoint inc
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Exhibit 10.10

 

AMENDMENT TO EMPLOYMENT AGREEMENT

 

This Amendment to Employment Agreement (as defined below) (the “Amendment”), dated March 12, 2009, is by and between Glowpoint, Inc., a Delaware corporation (“Glowpoint”), and David W. Robinson (the “Employee”).  Capitalized terms used but not otherwise defined in this Amendment will have the meanings set forth in the Employment Agreement.

 

WHEREAS , the Employee and Glowpoint entered into an Employment Agreement on May 1, 2006, as amended on April 24, 2007, September 20, 2007, and April 30, 2008 (collectively, the “Employment Agreement”);

 

WHEREAS , the Employee’s employment term is currently scheduled to expire on May 4, 2010 (the “Expiration Date”);

 

WHEREAS , Glowpoint wishes to extend the Expiration Date, and the Employee wishes to continue to work for Glowpoint until the extended Expiration Date;

 

WHEREAS , Section 409A of the Internal Revenue Code of 1986, as amended (the “Code”) requires employment agreement provisions that are nonqualified plans of deferred compensation under Code Section 409A to satisfy certain provisions of Code Section 409A and the regulations thereunder (the “Section 409A Provisions”); and

 

WHEREAS , Glowpoint and the Employee wish to satisfy the Section 409A Provisions prior to a vesting event and avoid the tax consequences of a failure to satisfy the Section 409A Provisions upon or after a vesting event.

NOW, THEREFORE , in consideration of the mutual covenants set forth in the Employment Agreement and this Amendment, the parties further amend the Employment Agreement as follows:

1.

Term .  The Employment Agreement is hereby amended to delete &ld


 
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