EX-10.33.1






Exhibit 10.33.1




AMENDMENT NO. 1 TO AMENDED AND RESTATED

EMPLOYMENT AGREEMENT




     THIS AMENDMENT NO. 1 (this “Amendment”) TO THE AMENDED AND RESTATED EMPLOYMENT AGREEMENT,
dated as of October 1, 2007, between Brightpoint, Inc., an Indiana corporation (the “Employer” or
the “Company”), and Michael K. Milland (the “Executive”) is entered into as of December 30, 2008.



     WHEREAS, the Employer and the Executive have entered into an amended and restated employment
agreement, dated as of October 1, 2007 (the “ Employment Agreement”); and



     WHEREAS, the Employer and Executive wish to amend certain sections of the Employment
Agreement as provided below.



     NOW, THEREFORE, in consideration of the premises and mutual benefits and covenants contained
herein, the parties hereto agree as follows:



     1. Unless the context indicates otherwise, capitalized terms used and not defined in
this Amendment shall have the respective meanings assigned thereto by the Employment
Agreement.



     2. This Amendment is effective as of the date first set forth above, except as
specifically provided otherwise.



     3. A new Section 12 is added to the Employment Agreement as follows:



          “XII. Compliance with Code Section 409A.





     (a) It is intended that any amounts payable under this Employment Agreement
and the Employer’s and the Employee’s exercise of authority or discretion hereunder
shall comply with Section 409A of the Internal Revenue Code of 1986, as amended (the
“Code”), including the treasury regulations and other published guidance relating
thereto, so as not to subject the Employee to the payment of any interest or additional
tax imposed under Code Section 409A. To the extent any amount payable to the Employee
from the Employer, per this Employment Agreement or otherwise, would trigger the
additional tax imposed by Code Section 409A, the payment arrangements shall be
modified to avoid such additional tax. Notwithstanding any provision in the Employment
Agreement to the contrary, as needed to comply with Code Section 409A, payments due
under this Agreement shall be subject to a six (6) month delay such that amounts
otherwise payable during the six (6) month period following the Employee’s separation
from service shall be accumulated and paid in a lump-sum catch-up payment as of the
first day of the seventh-month following separation from service (a “Delayed Payment”).




     (b) The Employer shall pay in full any Delayed Payment in accordance with
Section 13(a) and shall not deduct from or setoff against any Delayed Payment (i) any
compensation earned by the Employee as the result of employment by another employer
or business or profits earned by the Employee from any other source at any time before
and after the Date of Termination, or (ii) any other amounts actually owed or claimed by



 









 






the Employer to be owed by the Employee to the Employer in connection with any claim the
Employer has or makes against the Employee.”



     4. Miscellaneous.



          (a) This Amendment is a legal and binding obligation of the parties,
enforceable in accordance with its terms.




          (b) This Amendment shall be construed in accordance with the internal laws
and not the choice of law provisions of the State of Indiana.




          (c) Except as specifically amended hereby, the Employment Agreement shall
remain in full force and effect. In the event the terms of the Employment Agreement conflict
with this Amendment, the terms of this Amendment shall control.




          (d) Except as otherwise provided herein, this Amendment contains the entire
understanding between the parties, and there are no other agreements or understandings between
the parties with respect to the subject matter hereof. No alteration or modification hereof
shall be valid except by a subsequent written instrument executed by the parties hereto.




          (e) This Amendment may be executed in any number of counterparts, and
each such counterpart shall be deemed to be an original instrument, but all such counterparts
together shall constitute only one agreement. Any facsimile of this Amendment shall be
considered an original document.








     IN WITNESS WHEREOF, each of the parties hereto has
duly executed this Amendment No. 1 to
Amended and Restated Employment Agreement as of the date first set forth above.



	 	 	 	 	 
	12/30/08	BRIGHTPOINT, INC.

 	 
	 	By:  	/s/ Robert J. Laikin

 	 
	 	 	Name:  	Robert J. Laikin 	 
	 	 	Title:  	CEO 	 
	 
	 	EMPLOYEE

 	 
	 	/s/ Michael K. Milland
 	 
	 	Michael K. Milland 	 
	 	 	 
	 





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