This Employment Agreement Amendment involves
Title: AMENDMENT TO EMPLOYMENT AGREEMENT
Industry: Retail (Specialty) Sector: Services
AMENDMENT TO EMPLOYMENT AGREEMENT (the “Amendment”) effective as of this 25th day of February, 2011, by and between Jennifer Convertibles, Inc. (the “Company”), with an address at 417 Crossways Park Drive, Woodbury, New York 11797, and Gebing (“Morris”) Zou (“Executive”).
WHEREAS , the Company and Executive entered into a certain Employment Agreement, effective February 22, 2011 (the “Employment Agreement”); and
WHEREAS , the Company and Executive wish to amend the terms of the Agreement;
NOW, THEREFORE , in consideration of the promises and mutual covenants hereinafter contained, and in consideration of Executive’s continued employment, the parties hereto agree as follows:
1. Defined Terms . All capitalized terms contained in this Amendment shall, for the purposes hereof, have the same meaning ascribed to them in the Agreement unless the context hereof clearly provides otherwise or unless otherwise defined herein.
2. Section 7(b)(iii) . The first sentence of Section 7(b)(iii) shall hereby be amended to read as follows: “if the date of the termination is on or after September 1, 2011, provided that Executive has been employed by the Company for