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EXHIBIT 10.1

[ORTHOFIX LETTERHEAD]

November 20, 2007

Mr. Bradley R. Mason
C/O BREG, Inc.
2611 Commerce Way
Vista, CA 92081

 
Re:
Amendment to Employment Agreement

Dear Mr. Mason:

Reference is made to that certain Employment Agreement dated November 20, 2003
(the “Employment Agreement”) by and between you and Orthofix International N.V.,
a company organized under the laws of the Netherlands Antilles (the
“Company”).  By execution of this letter agreement, the parties hereby amend the
Employment Agreement such that the text of Section 2 of the Employment Agreement
is hereby deleted in its entirety and replaced with the following:

“2.           Term.

ORTHOFIX hereby agrees to employ Employee through December 31, 2008, unless
sooner terminated as provided in Sections 6 and 7 of this Agreement.  In
addition, if a Change of Control (as defined in Section 8(d)) occurs when less
than one year remains prior to the expiration of Employee’s term of employment
hereunder, such term shall be automatically extended until the first anniversary
of the date on which the Change of Control first occurred.  The period during
which Employee is employed by ORTHOFIX hereunder is referred to herein as the
“Employment Period.””

Except as expressly modified and superseded by this letter agreement, you and
the Company each hereby (a) ratify and confirm the Employment Agreement, (b)
agree that the same shall continue in full force and effect, and (c) agree that
the same are the legal, valid and binding obligations of you and Company,
enforceable against you and the Company in accordance with its respective
terms.  This letter agreement may be executed in two or more counterparts, any
one of which need contain the signature of only one party but all of which
together shall constitute one and the same instrument.
 
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If you are in agreement with the foregoing, please so indicate by affixing your
signature where indicated below.
 

 
ORTHOFIX INTERNATIONAL N.V.
             
By:
/s/ Alan W. Milinazzo
   
Alan W. Milinazzo
   
Chief Executive Officer
                       
Agreed to this ___ day of November, 2007.
                     
/s/ Bradley R. Mason
   
Bradley R. Mason
   

 
 
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