Attached files
file | filename |
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10-Q - FORM 10-Q - ACTIVANT SOLUTIONS INC /DE/ | d70869e10vq.htm |
EX-31.1 - EX-31.1 - ACTIVANT SOLUTIONS INC /DE/ | d70869exv31w1.htm |
EX-10.2 - EX-10.2 - ACTIVANT SOLUTIONS INC /DE/ | d70869exv10w2.htm |
EX-31.2 - EX-31.2 - ACTIVANT SOLUTIONS INC /DE/ | d70869exv31w2.htm |
EX-10.1 - EX-10.1 - ACTIVANT SOLUTIONS INC /DE/ | d70869exv10w1.htm |
EX-32.1 - EX-32.1 - ACTIVANT SOLUTIONS INC /DE/ | d70869exv32w1.htm |
EX-32.2 - EX-32.2 - ACTIVANT SOLUTIONS INC /DE/ | d70869exv32w2.htm |
Exhibit 10.3
February 8, 2010
Mr. Kevin Roach
62 Thompson Mill Road
Newtown, PA 18740
62 Thompson Mill Road
Newtown, PA 18740
Re: Amendment To Employment Agreement
Dear Kevin,
With respect to that certain Employment Agreement dated September 9, 2008 (Employment Agreement)
between you and Activant Solutions Inc. (Activant), we hereby agree that the Section entitled
Relocation (the Relocation Section) is hereby terminated and of no further force or effect. We
further agree that:
(a) within five (5) business days after the date of your signature below, Activant will pay
you the sum of $200,000, less (i) any amounts previously paid to you or on your behalf by Activant
pursuant to the Relocation Section (other than any Shipping Costs as described below), (ii) any
other amounts paid to you or on your behalf by Activant for housing/lodging/rent in or near
Yardley, PA; and (iii) applicable tax withholdings; and
(b) Activant will reimburse, or pay directly to a moving company, a sum of up to $16,000.00
less the $5,368.17 reimbursed or paid on your behalf to date, for Shipping Costs actually incurred
by you through June 30, 2011, so long as you are still employed by Activant at the time such
Shipping Costs are incurred. Activant will not reimburse or pay for any Shipping Costs incurred
after June 30, 2011. Shipping Costs refers to the actual, reasonable cost of shipment of
household items from your home in Cedarsburg, WI to your home in or near Yardley, PA.
If you resign from your employment with Activant for any reason within thirty months following your
Activant employment start date, you agree to reimburse Activant in full for all amounts paid to you
or on your behalf pursuant to this Amendment on your last day of employment with Activant.
Except as modified by this Amendment, the Employment Agreement remains in full force and effect.
Please sign below to confirm your acceptance of the terms of this Amendment.
Sincerely,
/s/ Pervez Qureshi | |||
Pervez
Qureshi President and CEO |
I agree to and accept the terms and conditions of this Amendment To Employment Agreement.
/s/ Kevin Roach | February 8, 2010 | ||
Kevin Roach
|
Date |