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FIRST AMENDMENT TO EMPLOYMENT
AGREEMENT
THIS FIRST
AMENDMENT (this “ Amendment ”) to that certain
Employment Agreement dated July 30, 2007 (the “
Original Agreement ”), is entered into by and between
CARDIOGENESIS CORPORATION, a California corporation (the “
Company ”) and Richard P. Lanigan (the “
Executive ”), effective as of July 1, 2009, on
the following terms and conditions.
A. Executive
is currently employed by the Company pursuant to the Original
Agreement; and
B. the
Company and Executive desire to amend the Original Agreement to
modify Executive’s title, duties and base salary, as set
forth below.
NOW, THEREFORE, in
consideration of the foregoing and the mutual covenants set forth
herein, the Company and Executive, intending to be legally bound,
hereby agree as follows:
1. Section 1.1
of the Original Agreement is hereby amended and restated to read in
its entirety as follows:
1.1 EMPLOYMENT.
The Company hereby agrees to employ the Executive as the Executive
Vice President, Marketing of the Company, reporting to the
Executive Chairman of the Company, and the Executive accepts such
employment and agrees to devote substantially all his business time
and efforts and skills on such reasonable duties as shall be
assigned to him by the Executive Chairman commensurate with such
position. This Agreement shall automatically be extended for
additional one (1) year renewal terms on June 30 of each
year (unless sooner terminated pursuant to the terms a
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