Exhibit 10.3.1
AMENDMENT TO THE
EMPLOYMENT AGREEMENT WITH RANDEL
G. OWEN
THIS AMENDMENT (“
Amendment ”), effective on the 12th day of
March, 2009, is made by and between Emergency Medical Services
Corporation, a Delaware corporation (“ EMSC
”), and Randel G. Owen (“ Executive
”), in order to amend the Employment Agreement heretofore
entered into between Emergency Medical Services, L.P. (“
EMS L.P. ”) and Executive, as assigned by EMS
L.P. to EMSC on February 10, 2005, and as amended on
January 1, 2009 (the “ Employment
Agreement ”).
WHEREAS, EMSC and the Executive
desire to amend the Employment Agreement to commence a new term of
employment, provide a mechanism by which such term can be extended
and amend certain provisions relating to severance.
NOW, THEREFORE, the Agreement is
hereby amended as follows:
1.
Section 3, “Term of
Employment,” shall be amended and restated to read in its
entirety as follows:
“3. Term of Employment . This
Agreement will be effective and binding immediately upon its
execution, but, anything in this Agreement to the contrary
notwithstanding, this Agreement shall not be operative until the
Effective Date. The Executive’s employment under this
Agreement shall commence on the Effective Date, shall continue for
a period of three years, and shall be renewed for additional
one-year periods thereafter, unless sooner terminated as provided
in this Agreement. Notwithstanding the foregoing, effective
on March 16, 2009 this Agreement shall continue for a period
of two years, and shall be renewed for additional two-year periods
thereafter (each a “ Renewal Term ”)
unless either the Company or the Executive informs the other in
writing not less than 90 days prior to the commencement of a
Renewal Term that it does not wish to renew the Agreement,
in
