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.
Who Helps With Amendment To Employment Contracts?
Lawyers with backgrounds working on amendment to employment contracts work with clients to help. Do you need help with an amendment to employment contract?
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Julian H.
I am a business attorney with years of experience advising individual entrepreneurs and small businesses on issues ranging from entity selection/formation to employment law compliance, to intellectual property protection and exploitation. I often act as General Counsel for my clients fulfilling the legal function as part of a team of managers. I look forward to learning more about your business and how I may be of assistance.
"Great work. Quick turnaround. Detailed notes. Available to discuss on the phone"
Lori B.
With over 30 years of legal experience, I can assist your legal needs -promptly and professionally. I am a business, contract and real estate lawyer with extensive experience in company formation, sale of businesses, business purchase and sale transactions, commercial and residential leases, employment and the sale of real property.
"Reviewed my employment agreement and possible conflict with a job well."
Paul S.
I focus my practice on startups and small to mid-size businesses, because they have unique needs that mid-size and large law firms aren't well-equipped to service. In addition to practicing law, I have started and run other businesses, and have an MBA in marketing from Indiana University. I combine my business experience with my legal expertise, to provide practical advice to my clients. I am licensed in Ohio and California, and I leverage the latest in technology to provide top quality legal services to a nationwide client-base. This enables me to serve my clients in a cost-effective manner that doesn't skimp on personal service.
"Was my great pleasure working with Paul. He is very knowledgeable about startups/companies, professional, wise, and supportive. I would highly recommend him."
Gregory B.
I love contracts - and especially technology-related contracts written in PLAIN ENGLISH! I've worked extensively with intellectual property contracts, and specifically with IT contracts (SaaS, Master Subscriptions Agreements, Terms of Service, Privacy Policies, License Agreements, etc.), and I have built my own technology solutions that help to quickly and thoroughly draft, review and customize complex contracts.
"Greg was incredibly approachable and helpful. He wanted to make sure he helped me in the most wholistic way - which was invaluable."
Lawrence S.
Lawrence A. “Larry” Saichek is an AV rated attorney and a CPA focusing on business and real estate transactions, corporate law and alternative dispute resolution. With a background including five years of public accounting and six years as “in house” counsel to a national real estate investment company, Larry brings a unique perspective to his clients – as attorney, accountant and businessman. Many clients think of Larry as their outside “in house” counsel and a valued member of their team. Larry is also a Florida Supreme Court Certified Mediator and a qualified arbitrator with over 25 years of ADR experience.
"High recommend. Lawrence is very detailed and responsive. Will use again"
Ari G.
Ari is a transactional attorney with substantial experience serving clients in regulated industries. He has worked extensively with companies in regulated state cannabis markets on developing governance documents (LLC operating agreements, corporate bylaws, etc...), as well as drafting and negotiating all manner of business and real estate contracts.
January 24, 2023
Jessica F.
I'm a knowledgable and experienced New York licensed attorney with strong contract drafting and negotiation skills, a sophisticated business acumen, and a background working in entertainment and technology law.
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Browse Lawyers NowLawyer Reviews for Amendment To Employment Contract Projects
Independent Contractor Services Agreement Review
"He was very helpful. He explained the agreement to me and answered any questions I had."
Employment Contract/Subscription Agreement Review
"Allen was great to work with! He was very responsive, thorough, and made sure I was satisfied with his work. His insight was invaluable to have before entering into an employment/investment contract with my employer. I would definitely work with him again for any needs in the future!"
Reply From Allen L.
Thank you for the kind words — getting clear insight before signing an employment and investment contract is exactly where this kind of review pays off most. I'm glad it was useful, and I'd be happy to help again. -Allen
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"Harry was wonderful to work with. He was responsive and went above and beyond while helping me get to the result I was seeking."
Employment
Amendment To Employment Contract
Massachusetts
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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ContractsCounsel User
Existing Employee asked to sign NDA, IP assignment and non-disparagement agreement
Location: Maryland
Turnaround: Less than a week
Service: Contract Review
Doc Type: Employment Contract
Page Count: 3
Number of Bids: 2
Bid Range: $1 - $350
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