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 i
