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AMENDMENT TO EMPLOYMENT AND NONCOMPETITION AGREEMENT

NonCompetition Agreement

AMENDMENT TO EMPLOYMENT
AND NONCOMPETITION AGREEMENT You are currently viewing:
This NonCompetition Agreement involves

SERVICE CORPORATION INTERNATIONAL

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Title: AMENDMENT TO EMPLOYMENT AND NONCOMPETITION AGREEMENT
Date: 3/3/2008
Industry: SVSPER     Sector: SERVIC

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exv10w8
 

Exhibit 10.8
AMENDMENT TO EMPLOYMENT
AND NONCOMPETITION AGREEMENT
          THIS AMENDMENT to the Employment and Noncompetition Agreement (this “Amendment”) between SCI Executive Services, Inc., a Delaware Corporation (the “Company), and the undersigned executive of the Company (the “Employee”).
          WHEREAS, the Company and Employee have previously entered into an Employment and Noncompetition Agreement (the “Agreement”); and
          WHEREAS, this Amendment is intended to (i) supplement and modify such Agreement (including, if applicable, any amendments or addendums thereto) in order to comply with Section 409A of the Internal Revenue Code of 1986, as amended, and (ii) extend the term of the Agreement; and
          WHEREAS, the parties would like to make certain changes to the terms of the Agreement;
          NOW THEREFORE, Employee agrees with the Company, in consideration for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged and accepted, to amend the Agreement as follows, effective as of the date this Amendment is executed as written below:
          1. Section 1.5(d). Section 1.5(d) is hereby amended by revising clauses (i), (ii) and (iii) to be and to read as follows:
“(i) bi-weekly salary continuation payments calculated based on Employee’s rate of salary as in effect immediately prior to Employee’s termination, which shall continue for a period equal to two years from such date of termination, each of which shall be treated as a separate payment obligation of the Company, (ii) any applicable Pro Rated bonus and (iii) continuation of Employee’s Group Health and
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