Attached files

file filename
EX-10.3 - EXHIBIT 10.3 THIRD AMENDMENT TO LEASE (EXPANSION) AGREEMENT - PRICESMART INCexhibit103q1fy2015.htm
EX-10.5 - EXHIBIT 10.5 PROMISSORY NOTE - PRICESMART INCexhibit105q1fy2015.htm
EX-10.1 - EXHIBIT 10.1 TWENTY-FOURTH AMENDMENT TO EMPLOYMENT AGREEMENT - PRICESMART INCexhibit101q1fy2015.htm
EX-10.4 - EXHIBIT 10.4 TERM LOAN - PRICESMART INCexhibit104q1fy2015.htm
EX-32.1 - EXHIBIT 32.1 CERTIFICATION SECTION 1350 - PRICESMART INCexhibit321certificationofc.htm
EX-31.2 - EXHIBIT 31.2 CERTIFICATION 302 - PRICESMART INCexhibit312certificationq1f.htm
EX-32.2 - EXHIBIT 32.2 CERTIFICATION SECTION 1350 - PRICESMART INCexhibit322certificationofc.htm
EXCEL - IDEA: XBRL DOCUMENT - PRICESMART INCFinancial_Report.xls
10-Q - 10-Q - PRICESMART INCpsmt-10qmasterdocumentq1fy.htm
EX-31.1 - EXHIBIT 31.1 CERTIFICATION SECTION 302 - PRICESMART INCexhibit311certificationq1f.htm


                    
THIRTY-FOURTH AMENDMENT TO EMPLOYMENT AGREEMENT


This Thirty-Fourth Amendment to Employment Agreement is made and entered into as of October 1, 2014, by and between PriceSmart, Inc., a Delaware Corporation (“Employer”) and Robert M. Gans (“Executive”).

Recitals

A)
On September 20, 1994 an Employment Agreement was made and entered into by and between Executive and Price Enterprises, Inc.

B)
Said Employment Agreement has been assigned to Employer and amended on thirty-three prior occasions;

C)
Employer and Executive now desire to further amend the Employment Agreement, as set forth hereinbelow:

Agreement

1.
Section 3.1 of the Employment Agreement, which currently provides:

3.1    Term. The term of Executive's employment hereunder shall commence on October 17, 1994 and shall continue until October 16, 2014 unless sooner terminated or extended as hereinafter provided (the "Employment Term").

is hereby amended, to provide as follows:

3.1    Term. The term of Executive's employment hereunder shall commence on October 17, 1994 and shall continue until October 16, 2015 unless sooner terminated or extended as hereinafter provided (the “Employment Term”).

2. All other terms of the Employment Agreement, as amended, shall remain unaltered and fully effective.

Executed in San Diego, California, as of the date first written above.


EXECUTIVE                        EMPLOYER
PriceSmart, INC.

Robert M. Gans                    By:                 

______________________                Name:     Jose Luis Laparte    

Its:     CEO and President