Attached files

file filename
EX-10.15.1 - EXHIBIT 10.15.1 - AIR METHODS CORPt1700128_ex10-15x1.htm
EX-32 - EXHIBIT 32 - AIR METHODS CORPt1700128_ex32.htm
EX-31.2 - AIR METHODS CORPt1700128_ex31-2.htm
EX-31.1 - EXHIBIT 31.1 - AIR METHODS CORPt1700128_ex31-1.htm
EX-23 - EXHIBIT 23 - AIR METHODS CORPt1700128_ex23.htm
EX-21 - EXHIBIT 21 - AIR METHODS CORPt1700128_ex21.htm
EX-10.10 - EXHIBIT 10.10 - AIR METHODS CORPt1700128_ex10-10.htm
EX-10.9 - EXHIBIT 10.9 - AIR METHODS CORPt1700128_ex10-9.htm
EX-10.7 - EXHIBIT 10.7 - AIR METHODS CORPt1700128_ex10-7.htm
EX-10.6 - EXHIBIT 10.6 - AIR METHODS CORPt1700128_ex10-6.htm
10-K - FORM 10-K - AIR METHODS CORPt1700128_10k.htm

 

 

 

Exhibit 10.14.2

 

FIRST AMENDMENT TO

AMENDED AND RESTATED EMPLOYMENT AGREEMENT

 

This First Amendment to Amended and Restated Employment Agreement (this “Amendment”) is effective as of June 2, 2016, by and between Air Methods Corporation, a Delaware corporation (the “Company”) and Michael D. Allen (“Executive”). Reference is made to that certain Amended and Restated Employment Agreement by and between the Company and Executive made as of September 24, 2012 (the “Employment Agreement”). All capitalized terms not defined herein shall have the meanings assigned to such terms in the Employment Agreement. The Company and Executive are referred to in this Amendment collectively as the “Parties.”

 

WHEREAS, the Parties desire to amend certain terms of the Employment Agreement as set forth below.

 

NOW, THEREFORE, in consideration of the promises and mutual covenants and agreements herein contained and intending to be legally bound hereby, the Parties hereby agree as follows:

 

1.          Amendment to Section 1. Section 1 of the Employment Agreement shall be deleted in its entirety and replaced with the following:

 

“1.          Employment Period. The Company hereby employs Executive, and Executive hereby accepts such employment, upon the terms and conditions hereinafter set forth.  Subject to termination as provided herein, the initial term of Executive’s employment hereunder shall continue through August 31, 2014 (the “Initial Term”).  Upon expiration of the Initial Term and each Renewal Term, this Agreement will automatically renew for subsequent one (1) year terms (each a “Renewal Term”) unless either the Company or Executive provides ninety (90) days’ advance written notice to the other party that such party does not wish to renew the Agreement for a subsequent Renewal Term; provided that for the Renewal Term from September 1, 2016 through August 31, 2017, if either the Company or Executive does not wish to renew the Agreement for such Renewal Term, either the Company or Executive must provide written notice to the other party on or before July 2, 2016.  In the event either party gives notice of nonrenewal pursuant to this Section 1, this Agreement will expire at the end of the then current term. The Initial Term and each subsequent Renewal Term are referred to collectively as the “Employment Period”.   Executive and the Company acknowledge that, except as may otherwise be provided by this Agreement or under any other written agreement between Executive and the Company, the employment of Executive by the Company is “at will” and Executive’s employment may be terminated by either Executive or the Company at any time for any reason, or no reason.”

 

2.          No Other Changes. Except as modified or supplemented by this Amendment, the Employment Agreement remains unmodified and in full force and effect.

 

 

 

 

3.Miscellaneous.

 

(a)          Governing Law. This Amendment and the legal relations hereby created between the parties hereto shall be governed by and construed under and in accordance with the internal laws of the State of Colorado, without regard to conflicts of laws principles thereof.  Each party shall submit to the venue and personal jurisdiction of the Colorado state and federal courts concerning any dispute for which judicial redress is permitted pursuant to this Agreement; however the Company is not limited in seeking relief in those courts.

 

(b)          Binding Effect. This Amendment is intended to bind and inure to the benefit of and be enforceable by Executive, the Company and their respective heirs, successors and assigns, except that Executive may not assign Executive’s rights or delegate Executive’s obligations hereunder without the prior written consent of the Company.

 

(c)          Counterparts. This Amendment may be executed in counterparts, each of which shall be deemed an original and all of which together shall constitute one and the same instrument.

 

(d)          Savings Clause. If any provision of this Agreement or the application thereof is held invalid, the invalidity shall not affect other provisions or applications of this Amendment or the Employment Agreement which can be given effect without the invalid provisions or applications and to this end the provisions of this Amendment or the Employment Agreement are declared to be severable.

 

[Signature page follows.]

 

 

 

 

 

IN WITNESS WHEREOF, the Parties hereto have caused this First Amendment to Amended and Restated Employment Agreement to be executed as of the date first above written.

 

  AIR METHODS CORPORATION  
       
  By: /s/ Aaron D. Todd  
  Name: Aaron D. Todd  
  Title: Chief Executive Officer  

 

  EXECUTIVE:  
     
  /s/ Michael D. Allen  
  Michael D. Allen