Attached files
EXHIBIT 10.1
AMENDMENT #4 TO EMPLOYMENT AGREEMENT
ePlus inc. (the "Company"), a Delaware corporation, and Phillip G. Norton (the "Executive") (collectively, the "Parties") have previously entered into an Employment Agreement and amendments, as follows, collectively referred to as the "Agreement."
Effective Date
|
Document
|
|||
October 1, 2011
|
Employment Agreement
|
|||
August 1, 2012
|
Amendment #1
|
|||
July 1, 2013
|
Amendment #2
|
|||
February 14, 2014
|
Amendment #3
|
The Parties hereby agree to this Amendment #4 ("Amendment #4").
1. Paragraph 5(a) of the Agreement shall be replaced in its entirety with the following:
(a)
|
Effective June 10, 2015, Executive shall receive a base annual salary of seven hundred and ninty-five thousand ($795,000 Dollars). The salary will be reviewed by the Company's Compensation Committee on an annual basis, and may be increased from time to time.
|
No other provision of the Agreement is affected by this Amendment #4.
Signed: /s/ John E. Callies
|
Signed: /s/ Phillip G. Norton
|
|
John E. Callies
|
Phillip G. Norton
|
|
Chairman, Compensation Committee
|
Chief Executive Officer and President
|
|
Date: June 11, 2015
|
Date: June 15, 2015
|