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Re: Amendment No. 2 to Employment Agreement dated January 3, 2007 between you and NYFIX, Inc., as amended by Amendment No. 1 dated December 29, 2008 (the "Agreement").

Employment Agreement Amendment

Re:    Amendment No. 2 to Employment Agreement dated January 3, 2007 between you and NYFIX, Inc., as amended by Amendment No. 1 dated December 29, 2008 (the You are currently viewing:
This Employment Agreement Amendment involves

NYFIX INC

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Title: Re: Amendment No. 2 to Employment Agreement dated January 3, 2007 between you and NYFIX, Inc., as amended by Amendment No. 1 dated December 29, 2008 (the "Agreement").
Date: 5/11/2009
Industry: Computer Networks     Sector: Technology

Re:    Amendment No. 2 to Employment Agreement dated January 3, 2007 between you and NYFIX, Inc., as amended by Amendment No. 1 dated December 29, 2008 (the
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Exhibit 10.1

 

May 7, 2009

 

 

PERSONAL & CONFIDENTIAL

 

Robert Moitoso

[Home address redacted]

 

 

Re:    Amendment No. 2 to Employment Agreement dated January 3, 2007 between you and NYFIX, Inc., as amended by Amendment No. 1 dated December 29, 2008 (the “Agreement”).

 

Dear Bob:

 

You and NYFIX, Inc. agree to the following amendments to the Agreement.

 

The second full paragraph on Page 3 of the Agreement, as amended by Amendment No. 1, is hereby further amended in its entirety and replaced with:

 

“While we certainly hope that your employment with NYFIX will be long and mutually rewarding, this offer is not a guarantee of employment for a specific period of time.  You should understand that you are an employee at-will, which means that either you or NYFIX may terminate your employment for any reason, at any time, with or without notice.  Please understand that no supervisor, manager or representative of NYFIX other than the Chief Executive Officer or the Chief Financial Officer has the authority to enter into any agreement with you for employment for any specified period of time or to make any promises or commitments contrary to the forgoing.  Further, any employment agreement entered into by the Chief Executive Officer or the Chief Financial Officer shall not be enforceable unless it is in a formal written agreement and signed by you and one of these designated company representatives.  Notwithstanding the above, in the e


 
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