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Employment Agreement

 

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Title:

Employment Agreement

Entities:

Interdent Inc

Date:

2005

Size:

5KB total

Price:

$35

ID:

#1528457

 

 

► Employment ► Employment Agreements

 

 

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AMENDMENT NO. 1
to
EMPLOYMENT AGREEMENT

        This AMENDMENT NO. 1, dated as of December 15, 2004 (the "Amendment No. 1") to the EMPLOYMENT AGREEMENT is by and between InterDent, Inc., a Delaware corporation (the "Company"), and Ivar S. Chhina (the "Executive").

        WHEREAS, the Company and the Executive are parties to that certain Employment Agreement, effective as of October 9, 2003 (the "Employment Agreement");

        WHEREAS, on or about the date hereof the Company is, pursuant to that certain Securities Purchase Agreement (the "Purchase Agreement"), dated as of the date hereof, between the Company and Levine Leichtman Capital Partners II, L.P. ("LLCP"), issuing to LLCP certain securities of the Company;

        WHEREAS, in connection with the closing of the transactions described above, the Executive has requested, and the Company has agreed, on the terms and conditions set forth herein to amend certain terms and provisions contained in the Employment Agreement, as set forth herein; and

        NOW, THEREFORE, the Company and the Executive hereby agree as follows:


 

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