AMENDMENT AND WAIVER
Amendment and Waiver dated as of July 7, 2005 (hereinafter "Agreement" or " Amendment and Waiver") between Analysts International Corporation, a Minnesota corporation, (he
reinafter "the Company"), and John D. Bamberger (hereinafter " Executive").
WHEREAS, Executive is employed as Executive Vice President and Chief Operating Officer of the Company pursuant to the terms of an Employment Agreement dated as of October 31, 2001 (hereinafter "Employment Agreement");
and
WHEREAS, Section 3.4 of the Employment Agreement provides for certain rights of Executive if Executive terminates his empl oyment for "Good Reason," defined, in part, in the Employment Agreement as a material
and substantial reduction by the Company in Executive92s job description or assignment by the Company of Executive to duties materially inconsistent with Executive92s expertise, experience and prior duties or the occurrence of a Change in Control
as defined in Section 7.12 of the Employment Agreement; and
WHEREAS, Executive, as part of his employment with the Company, has executed an Agreement (hereinafter "Change in Control Agreement") providing for certain payments and benefits under certain circumstances subsequent
to a "Change in Control" as that term is defined therein; and
WHEREAS, Paragraph 2 of the Change in Control Agreement further provides, in part, that Executive may terminate his employment for any reason during a one-month period beginning on the first day of the eleventh month
following a Change in Control (hereinafter "Eleventh Month Right to Terminate") following a Change in Control and/or for "Good Reason" during the thirty-six month period following a Change in Control and receive, among other things, a cash
payment (hereinafter the "Change in Control Payment") equal to 2.99 times his "Eligible Earnings," as that term is defined therein; and
  ;
WHEREAS, Executive holds options to purchase shares of the Company92s common stock ("Options") under one or more of the Company92s stock option plans, (specifically, the Analysts International Corporation
1994 Stock Option Plan, the Analysts International Corporation 1999 Stock Option Plan, the Analysts International Corporation 2000 Nonqualified Stock Option Plan, the Analysts International Corp. 2004 Equity Incentive Plan, (collectively, the "Plans"));
and
WHEREAS, pursuant to the terms of certain of the Plans or by resolution adopted by the Company92s Board of Directors (or a committee thereof) the vesting of such Options will accelerate upon completion of the Merger;
and
WHEREAS, the Company entered into an Agreement and Plan of Merger (hereinafter " Merger Agreement"), dated as of April 12, 2005, with Computer Horizons Corporation (hereinafter "CHC") and
JV Merger Corp., a wholly-owned subsidiary of CHC; and
WHEREAS, pursuant to the Merger Agreement, the Company will be merged with and into JV Merger Corp. and will become a wholly-owned subsidiary of CHC (the " Merger"); and
WHEREAS, the Merger contemplated by the Merger Agreement constitutes a Change in Control as defined in the Change in Control Agreement and the Employment Agreement; and
WHEREAS, the Company and CHC have agreed and Executive has agreed in principle that, effective with the consummation of the Merger, Executive will be employed by CHC or the Company without reduction in Executive92s
gross base salary as General Manager - Solutions; and
WHEREAS, Executive92s new position with CHC or the Company immediately after the consummation of the Merger may give rise to Executive92s right to terminate his employment for "Good Reason" as that term
is defined in the Change in Control Agreement and in the Employment Agreement; and
WHEREAS, Executive and the Company have agreed that in exchange for the consideration set forth herein, Executive will forego and waive certain rights to receive the Change in Control Payment and other payments, rights and benefits under
the Change in Control Agreement as further detailed herein, and has agreed to forego and waive the accelerate ...
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