SEC Contract Filing

Filing Date: 2015-07-28

Document Content:
<DOCUMENT>
<TYPE>EX-10.1
<SEQUENCE>2
<FILENAME>job_ex101.htm
<DESCRIPTION>AMENDMENT TO THE EMPLOYMENT AGREEMENT
<TEXT>
<html><head><title>job_ex101.htm </title><!--Document Created by EDGARMaster--></head><BODY style="TEXT-ALIGN: justify; FONT: 10pt TIMES NEW ROMAN; MARGIN: 0px 7%" scroll=yes><P id=p6f075f83-cf32-45d8-86d6-003a3ac8df24 style="MARGIN: 0px" align=right><STRONG>EXHIBIT 10.1</STRONG></P>
<P id=p9bb03277-7b1a-4368-a52a-6326b1952126 style="MARGIN: 0px" align=center>&nbsp;</P>
<P id=p4b16bc1c-7b15-4c8d-be9a-e2aa158753e7 style="MARGIN: 0px" align=center><STRONG>AMENDMENT NO. 1 TO </STRONG></P>
<P id=p4b69914d-ce5d-4bf7-97cb-dab17b889093 style="MARGIN: 0px" align=center><STRONG>&nbsp;</STRONG></P>
<P id=pdf91459a-e55c-4466-ad68-4eb16ab74ea8 style="MARGIN: 0px" align=center><STRONG>EMPLOYMENT AGREEMENT</STRONG></P>
<P id=pa2de3480-f962-4b77-bf60-7d5eae7931cd style="MARGIN: 0px">&nbsp;</P>
<P id=pb629e26c-a317-4816-8972-bb4c3f9e1ecf style="MARGIN: 0px; TEXT-INDENT: 30px">This Amendment No. 1 to the Employment Agreement (this "Amendment"), dated and effective as of July 24, 2015, is made by and among General Employment Enterprises Inc., an Illinois corporation (the "Company"), and Andrew J. Norstrud, an individual whose address is 15837 Trackside Drive, Odessa, Florida 33556 (the "Executive"). Any capitalized term not defined herein shall have the meaning for such term specified in the Employment Agreement (as defined below).</P>
<P id=p11e80335-3eac-4407-9b90-830040750411 style="MARGIN: 0px; TEXT-INDENT: 30px">&nbsp;</P>
<P id=p0223988a-d39d-4f1e-ab65-598123c8a70d style="MARGIN: 0px; TEXT-INDENT: 30px"><B>WHEREAS</B>, the Executive and the Company entered into an Employment Agreement dated as of March 29, 2013 (the "Employment Agreement"); and</P>
<P id=p19859677-cddc-4e0d-acc1-9049747c0776 style="MARGIN: 0px; TEXT-INDENT: 30px">&nbsp;</P>
<P id=pc5e0074a-05be-4c62-99c6-ab57a795386e style="MARGIN: 0px; TEXT-INDENT: 30px"><B>WHEREAS,</B> the Company and the Executive wish to amend the Employment Agreement on the terms and subject to the conditions set forth herein.</P>
<P id=pfb43d375-01d6-4c72-83a1-4a222a15aeb2 style="MARGIN: 0px; TEXT-INDENT: 30px">&nbsp;</P>
<P id=p6e884cfb-42c6-457e-b10a-2ceb026e79dc style="MARGIN: 0px; TEXT-INDENT: 30px"><B>NOW THEREFORE, </B>in consideration of the foregoing and for other consideration, the receipt and sufficiency of which is hereby acknowledged, the parties hereto, intending to be legally bound, hereby agree as follows:</P>
<P id=p3eebf30f-f102-4c86-ae84-4ef87bbb02e9 style="MARGIN: 0px">&nbsp;</P>
<P id=pd22a8080-00d1-42fc-b4a6-5ff3d183ded3 style="MARGIN: 0px 0px 0px 30px">1. Section 4 of the Employment Agreement is hereby amended in its entirety to read as follows:</P>
<P id=p58d300da-76d4-4d2b-adda-72b5029f0fa3 style="MARGIN: 0px 0px 0px 30px">&nbsp;</P>
<P id=p369ec155-0685-43e7-a833-784bc27d63dc style="MARGIN: 0px 0px 0px 30px">"4.&nbsp;<U>Term</U>. The initial term of employment of Executive by the Company pursuant to this Agreement shall be for the period (the "Initial Term") commencing on March 29, 2013, and terminating on March 29, 2017, or such earlier date that Executive's employment is terminated in accordance with the provisions of this Agreement. The Initial Term automatically shall be extended for successive additional one year periods (each, an "Extended Term") unless written notice is given by either party to the other party no later than 90 days prior to the expiration of the Initial Term or any Extended Term (The Initial Term, together with each and any Extended Term, is sometimes hereinafter called the "Employment Period"), or such earlier date that Executive's employment is terminated in accordance with the provisions of this Agreement".</P>
<P id=p9c4888d9-4bc9-4d5f-9c41-5beb98ed324e style="MARGIN: 0px 0px 0px 30px">&nbsp;</P>
<P id=p74976141-4dec-49b8-8ea2-d52ac27067b7 style="MARGIN: 0px 0px 0px 30px">2. Except as specifically amended hereby, the Employment Agreement shall continue in full force and effect unmodified and the parties hereby reaffirm the same.</P>
<P id=p08bbf749-4109-4e61-ac5d-b654bb3f685a style="MARGIN: 0px 0px 0px 30px">&nbsp;</P>
<P id=p185c1f55-ab2c-40cc-860f-5fbcaec08a2c style="MARGIN: 0px 0px 0px 30px">3. This Amendment shall be construed in accordance with and governed by the laws of the State of Florida, without giving effect to the conflict of laws principles thereof.</P>
<P id=p9426f2d1-5f35-4961-bce2-0ca08f5cd44a style="MARGIN: 0px 0px 0px 30px">&nbsp;</P>
<P id=pe2a8712f-8e81-4a29-a113-dc043b85ea3d style="MARGIN: 0px 0px 0px 30px">4. This Amendment may be signed in any number of counterparts, each of which shall be an original and all of which shall be deemed to be one and the same instrument, with the same effect as if the signatures thereto and hereto were upon the same instrument. A facsimile signature shall be deemed to be an original signature for purposes of this Amendment.</P>
<P id=p83a98188-7ced-4827-92bf-8004cbf6e55f style="MARGIN: 0px">&nbsp;</P>
<P id=pf9fc8091-87d6-4800-b51a-faed4d6ea71e style="MARGIN: 0px" align=center><B>[Remainder of page intentionally left blank]</P>
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<P id=p80856e1e-40f6-4012-9e80-b41608af2a78 style="MARGIN: 0px 0px 0px 30px"><B>IN WITNESS WHEREOF</B>, the parties hereto have duly executed this Amendment as of the day and year first above written.</P>
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