SEC Contract Filing

Filing Date: 2015-01-02

Document Content:
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<TYPE>EX-10.5
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<FILENAME>d845316dex105.htm
<DESCRIPTION>EX-10.5
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right"><B>Exhibit 10.5 </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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 </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">January&nbsp;2, 2015 </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Mr.&nbsp;Michael&nbsp;P. Monahan </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">[Address Redacted] </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Dear Mike: </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Reference is hereby made to the letter agreement
between us dated April&nbsp;19, 2013 (the &#147;<B><I>Agreement</I></B>&#148;). The parties hereby agree to amend the Agreement as of the date first set forth above on the terms set forth in this letter agreement (this &#147;<B><I>First
Amendment</I></B>&#148;). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">With respect to the provisions in the Agreement set forth opposite the caption labelled &#147;Annual Cash Bonus
Opportunity&#148;, the second sentence thereof is hereby amended to delete the percentage &#147;150%&#148; referenced therein and to replace it with the percentage &#147;200%.&#148; Except as expressly amended by this First Amendment, the terms of
the Agreement are unchanged and remain in full force and effect. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">To acknowledge your agreement with the foregoing, please sign this First Amendment in
the space provided below and return it to me. Please retain a copy for your records. </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><DIV ALIGN="right">
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<TD VALIGN="top">Sincerely,</TD></TR>
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<TD VALIGN="top">/s/ Dawn M. Zier</TD></TR>
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<TD VALIGN="top">Dawn M. Zier</TD></TR>
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<TD VALIGN="top">President and CEO</TD></TR>
</TABLE></DIV> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Agreed and accepted: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman">/s/ Michael P. Monahan</P></TD></TR>
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<TD VALIGN="top">Michael P. Monahan</TD></TR>
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