Amendment To Employment Contract: Definition, Terms, Example
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What is an Amendment To Employment Contract?
An amendment to employment contract is an official change to an existing employment contract that must be clearly stated in writing. This document outlines new information or modifications to a current agreement between a business and its employee. For example, it can include salary amounts, job responsibilities, bonus structure, and bonuses awarded at the end of the year.
Amendment documents are also known as addendums. Suppose a business has multiple employees working under the same employment contract. In that case, they all must have a copy of this amendment, so everyone has access to the most up-to-date version. An employer may ask for an amendment if they feel there needs to be a change made to their initial agreement with their employee(s) or if something unexpected comes up where more clarification is necessary.
Common Sections in Amendment To Employment Contracts
Below is a list of common sections included in Amendment To Employment Contracts. These sections are linked to the below sample agreement for you to explore.
Amendment To Employment Contract Sample
Exhibit 10.1.2
Amendment to Employment Agreement
THIS AMENDMENT TO EMPLOYMENT AGREEMENT (this “Amendment”) is made and entered into effective as of November 8, 2011 (the “Amendment Effective Date”), by and between The Wet Seal, Inc., a Delaware corporation (the “Company”), and Ken Seipel (the “Executive” and, together with the Company, the “Parties”).
Whereas, the Company and Executive entered into that certain Employment Agreement (the “Agreement”) dated as of March 21, 2011, as amended as of August 4, 2011, and
Whereas, the Parties desire to amend Section 3.6 of the Agreement in the manner reflected herein, and
Whereas, the Board of Directors of the Company has approved the amendment of the Agreement in the manner reflected herein,
Now Therefore, in consideration of the premises and mutual covenants and conditions herein, the Parties, intending to be legally bound, hereby agree as follows, effective as of the Amendment Effective Date:
1. Relocation. Section 3.6 of the Agreement is hereby deleted and replaced in its entirety with the following (with all capitalized terms having the meaning originally ascribed thereto in the Agreement):
“3.6 Relocation Expenses. Executive shall relocate Executive’s primary residence to within sixty (60) miles of the Company’s principal offices in Foothill Ranch, California by no later than February 1, 2012. The Company shall reimburse Executive up to $50,000 for reasonable expenses to relocate Executive’s household to the Foothill Ranch, California area by February 1, 2012. In addition, the Company shall reimburse Executive up to $8,000 per month for temporary housing expenses in the Foothill Ranch, California area for up to one hundred twenty (120) days following the Effective Date. Executive shall be required to submit receipts in accordance with Company policy prior to reimbursement.”
2. Counterparts. This Amendment may be executed in one or more facsimile, electronic or original counterparts, each of which shall be deemed an original and both of which together shall constitute the same instrument.
3. Ratification. All terms and provisions of the Agreement not amended hereby, either expressly or by necessary implication, shall remain in full force and effect. From and after the date of this Amendment, all references to the term “Agreement” in this Amendment or the original Agreement shall include the terms contained in this Amendment.
[Signature Page Follows]
IN WITNESS WHEREOF, the Parties hereto have executed this Amendment to Employment Agreement effective as of the Amendment Effective Date.
| THE WET SEAL, INC. | ||
| By: |
/s/ Susan P. McGalla | |
| Name: Susan P. McGalla | ||
| Title: Chief Executive Officer | ||
| /s/ Ken Seipel | ||
| Ken Seipel | ||
Reference:
Security Exchange Commission - Edgar Database, EX-10.1.2 2 d244281dex1012.htm AMENDMENT TO EMPLOYMENT AGREEMENT, Viewed December 20, 2021, View Source on SEC.
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Meet some of our Amendment To Employment Contract Lawyers
Orly B.
Orly Boger has worked in the high tech industry and in a leading law firm before launching her law firm. Orly focuses on startup companies and technology transactions. She structures and negotiates software and technology license agreements, strategic partnerships, cloud-based/SaaS agreements, internet related transactions, OEM agreements, supply, distribution, telecommunications. In addition, Orly has experience in serving as an in-house legal counsel for start up companies at various phases of their development, providing strategic legal advise to entrepreneurs and emerging companies with a comprehensive understanding of the business and legal issues. She has been helping companies develop a legal strategy for all aspects of their operations, from commercial transactions and partnerships, scalable SaaS or services agreements, privacy policies, employment related policies, open source licensing and much more.
"I just had an amazing experience with one of your attorneys, Orly B, who in addition to being extremely professional, on target, friendly and easy to communicate with via phone, email and the platform, was extremely expeditious in her turnaround time, responding with comments in minutes and made herself available at all hours. Based on when I submitted additional information to her comments and her response with expanded comments, she could only have been working on this at length in the wee hours of the night. Overall, I really just a great experience and thank you so so much for having professionals like Orly on board. I will certainly recommend!"
Michael C.
A seasoned senior executive with experience leading the legal and compliance functions of healthcare entities through high-growth periods. I have experience managing voluminous litigation caseloads, while also handling all pre-litigation investigations for employment, healthcare regulatory, and compliance matters. Similarly, I have led multiple M&A teams through purchase and sale processes, including diligence and contract negotiations. Finally, I have extensive contract review experience in all matters, including debt and equity financing, healthcare payor contracting, vendor and employment agreements, as well as service and procurement agreements.
"Michael was super knowledgeable and efficient. He was very attentive, helpful and made himself available pursuant to our needs as well. He completed the initial drafts well before the scheduled timeframe. We are very pleased with his work ethic and delivery of this project. He was also very easy to work with. We recommend his legal services without hesitation. Would definitely hire him again!"
Matthew F.
As a business law attorney serving Coral Springs, Parkland, and Broward County, FL, Matthew has been recognized as “AV” rated, which is the highest rating an attorney can achieve through Martindale’s Peer Review system. Year after year Matthew is listed in the “Legal Leaders” publication as a top-rated attorney in South Florida in the areas of litigation, commercial litigation, and real estate. Matthew is also a graduate and instructor of the Kaufman Foundation’s FastTrac NewVenture Program, presented by the Broward County Office of Economic and Small Business Development.
"Matthew took my trademark matter from cease and desist through a signed settlement and got exactly the outcome I wanted. His drafting was thorough, he was fast and responsive, and the other side resolved quickly. Highly recommend for anyone protecting a brand."
Maxwell L.
Firm rated best ADR firm for Wisconsin and won an award for cultural innovation in dispute resolution from acquisition international magazine in 2016 and it was rated "Best of Brookfield" by Best Businesses in 2015. Attorney Maxwell C. Livingston was rated 10 best in Labor & Employment Law by American Institute of Legal Counsel and 40 Under 40 by American Society of Legal Advocates for 2016; he also won 10 Best by American Institute of Family Law Attorneys. He is licensed in Wisconsin in all state and federal courts, and in the 7th Circuit Court of Appeals, wherein he won a landmark decision in McCray v. Wielke.
"Great information and very helpful and patient. Highly recommend for what was needed."
Benjamin M.
Ben is the founder of the Middleton Law Firm (2022). He has experience in the European Union and the United States. He interned with the University Rijeka, Croatia assisting businesses with trademark, Uniform Domain-Name Registry Dispute Registry, European General Data Protection Regulation (GDPR) privacy law compliance, and International Comparative Copyright issues as the country itself prepared itself for European Union statehood. He worked with Michigan State University's Anti-Counterfeit and Product Protection (A-CAPP) Center to protect and enforce its intellectual property in foreign territories and moderated panel discussions with brand owners and U.S. Customs to curb counterfeit products. Ben assisted indigent artists with legal issues and in some cases brought their works to life with Georgia Lawyers for the Arts. Ben is admitted to the federal courts of Georgia. Before practicing law, Ben worked for Core Security and Meridian Link as a software QA engineer in the information technology (IT) space. Ben produced countless commercial music recordings, engineered hundreds of songs, and served as executive producer seven studio albums as a founding member of member of Million Dollar Minds Entertainment (Est. 2006). He is an alumnus of The South Carolina State University (Bulldogs) and Michigan State University (Spartans).
"Benjamin did an excellent Job assisting me in this matter and I would highly recommend him to anyone needing the same service I received for the Cease & Desist"
Howard B.
Berkson is a dedicated, practical, and detail-oriented attorney licensed to practice in every state court of Oklahoma and the United States Northern and Eastern District Courts. He graduated from the University of Tulsa College of Law with Honors. While there, he received awards for highest grade in trial practice, legal research, and civil procedure. He was also the Executive Notes and Comments Editor for the Energy Law Journal, the official journal of the Energy Bar Association in Washington, D.C. The Energy Law Journal is one of the few peer-reviewed journals in the legal profession. Prior to becoming an attorney, Howard Berkson held executive positions involving a wide range of business and human resources management functions. He has in-depth knowledge of both business and HR practices. During his business career, Berkson negotiated, wrote, red-lined, and disputed contracts. He has answered charges, handled inspections, and supervised audits involving numerous agencies including the Department of Labor, the Equal Employment Opportunity Commission, the National Labor Relations Board, the Occupational Safety and Health Administration, and various state agencies. Berkson honed his analytical and writing skills while earning his Bachelor of Arts degree in Philosophy from the University of Washington. He went on to obtain a Master of Arts in Labor and Industrial Relations from the University of Illinois. Berkson’s work can be found in such publications as The Energy Law Journal, Human Resource Management Review and Personnel Psychology. He is a member of Phi Alpha Delta law fraternity and of Phi Kappa Phi honor society.
"Very easy and effective to work with. Howard knows what he is doing."
April 18, 2024
Gayle G.
Fractional General Counsel and Board Advisor with over 26 years of experience advising companies and their management in the US, EMEA and APAC. I use my legal and finance background to understand the client's business and bring the most practical, efficient legal solutions to grow the business while reducing risk. Focus includes: Compliance | Governance (including AI) | Tech Transactions | Licenses | SaaS | Cross Border | Equity Investments | JVs | International Expansion | Fractional GC https://www.linkedin.com/in/ggorvettesq
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Who helps with healthcare employment contracts?
I am a Nurse Practitioner and work for a national wound care company. I have a current employment contract but my company has made an amendment to it which discusses my newer compensation model (work RVU). I would like someone to look over my contract with this amendment. Can you help me find someone. I am in Massachusetts (Springfield area). Thank you
Richard G.
I would be happy to review your contract. I am a registered nurse myself as well as an attorney and have a great deal of experience in contract review. My flat fee is $300 for this service and would result in a thorough evaluation of all aspects (from a legal perspective) of the current contract and how the amendment alters that legal perspective.
Quick, user friendly and one of the better ways I've come across to get ahold of lawyers willing to take new clients.
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