EXHIBIT 10.24

FIRST AMENDMENT TO EMPLOYMENT AGREEMENT

This First Amendment to Employment Agreement ("Amendment") is entered into by
and between ICO, Inc. (the "Company") and Paul J. Giddens ("Employee"), to be
effective as of July 12, 2004.
 

WITNESSETH:

WHEREAS, effective May 24, 2004, Employee entered into an Employment Agreement
with the Company (the "Employment Agreement"); and
 
WHEREAS, Employee and the Company desire to amend the terms of Employment
Agreement as set forth herein.
 
NOW, THEREFORE, the Company and Employee agree as follows:
 

1.    As of July 12, 2004, Employee’s job title is changed to Chief
Administrative Officer of ICO, Inc.
 
2.    All terms and conditions in the Employment Agreement that are not amended
by this Amendment continue to be in full force and effect.
 

 
IN WITNESS WHEREOF, the Company and Employee have duly executed this Agreement
in multiple originals.
 

ICO, Inc.
 
By:
/s/ W. Robert Parkey, Jr.
 
W. Robert Parkey, Jr.
 
President and Chief Executive Officer
 
 
Date:
August 10, 2004

EMPLOYEE:

 
By:
/s/ Paul J. Giddens
 
Paul J. Giddens
Date:
August 10, 2004

 
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