EXHIBIT 10.61
February 5, 2003
▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇
▇ ▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇
▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇
Re: Amendment of Employment Agreement
Dear ▇▇▇▇▇,
This letter agreement serves to further amend the Employment Agreement dated as
of September 1, 2000, by and between you and PolyMedica Corporation (the
"Company"), as amended by certain letter agreements dated as of April 16, 2001;
September 24, 2001; October 12, 2001; May 31, 2002 and July 15, 2002 (together,
the "Employment Agreement").
Salary. The Base Salary, as defined in Section 3.1. of the Employment
Agreement, shall be increased to $260,000 effective December 18, 2002.
If the foregoing is acceptable to you, please indicate your agreement by signing
a copy of this letter agreement and returning it to the undersigned.
Very truly yours,
/s/ ▇▇▇▇ ▇.▇. ▇▇▇▇▇ III
----------------------------------------
▇▇▇▇ ▇. ▇. ▇▇▇▇▇ III
Vice Chairman and General Counsel
ACCEPTED AND AGREED TO:
/s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇
-----------------------------------
▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇
Chief Financial Officer
-52-