Amendment No. 2 to Original Employment Agreement
Exhibit
10.26
Amendment
No. 2 to Original Employment Agreement
March 16,
2009
PERSONAL &
CONFIDENTIAL
[Address]
Dear
▇▇▇:
Reference
is made to the Employment Agreement dated January 3, 2007 between you and NYFIX,
Inc., (the “Agreement”).
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1.
|
You
and NYFIX, Inc. hereby agree that the first sentence of the second
paragraph on page one of the Agreement is replaced, in its entirety, with
the following language:
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“You will
be compensated at an annualized base salary of $300,000, which may be increased
in the sole discretion of NYFIX (the “Base Salary”).”
|
1.
|
You
and NYFIX, Inc. hereby agree that the fourth sentence of the second
paragraph on page one of the Agreement is replaced, in its entirety, with
the following language:
|
“During
your employment hereunder, you will be eligible to participate in the Annual
Incentive Plan (“AIP” or annual bonus plan). Your AIP target will be set at 75%
of Base Salary (the “Target Bonus”).
Very truly yours,
/s/ ▇▇▇▇▇▇
▇▇▇▇▇▇▇▇▇
▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇
Chief Financial Officer
Accepted
and Agreed:
/s/ ▇▇▇▇▇▇
▇▇▇▇▇▇▇
▇▇▇▇▇▇
▇▇▇▇▇▇▇
March 16,
2009