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<br />PARIS ECONOMIC DEVELOPMENT CORPORATION <br /> <br />RESOLUTION NO. 2001-008 <br /> <br />A RESOLUTION OF THE BOARD OF DIRECTORS OF THE PARIS <br />ECONOMIC DEVELOPMENT CORPORATION, APPROVING <br />ADDENDUM NUMBER TWO TO THE EMPLOYMENT AGREEMENT <br />BETWEEN THE PARIS ECONOMIC DEVELOPMENT CORPORATION, <br />THE LAMAR COUNTY CHAMBER OF COMMERCE, AND GARY L. <br />VEST; MAKING OTHER FINDINGS AND PROVISIONS RELATED TO <br />THE SUBJECT; AND PROVIDING AN EFFECTIVE DATE. <br /> <br />WHEREAS, the Paris Economic Development Corporation and the Lamar County <br />Chamber of Commerce did heretofore, in PEDC Resolution No. 94-001 and Joint Resolution No. <br />94-001, approve the execution of an Employment Agreement with Gary L. Vest; and, <br /> <br />WHEREAS, the Paris Economic Development Corporation and the Lamar County <br />Chamber of Commerce did heretofore, in PEDC Resolution No. 95-013 and Joint Resolution No. <br />95-001, authorize and approve Addendum Number One to the Employment Agreement; and, <br /> <br />WHEREAS, the terms of the employment agreement are in need of additional revision, <br />and an Addendum Number Two to Employment Agreement dated June 15, 1994, in the form <br />attached hereto as Exhibit A, should, in all things, be approved; NOW, THEREFORE, <br /> <br />BE IT RESOLVED <br />CORPORATION: <br /> <br />BY <br /> <br />THE <br /> <br />PARIS <br /> <br />ECONOMIC <br /> <br />DEVELOPMENT <br /> <br />Section 1. That the findings set out in the preamble to this resolution are hereby in all <br />things approved. <br /> <br />Section 2. That Addendum Number Two to Employment Agreement dated June 15, 1994, <br />in the form attached hereto as Exhibit A, be, and the same is hereby, approved. <br /> <br />Section 3. That the President of the Paris Economic Development Corporation be, and he <br />is hereby, authorized and directed to execute, on behalf of the Paris Economic Development <br />Corporation, Addendum Number Two to Employment Agreement dated June 15, 1994, in the <br />form attached hereto as Exhibit A. <br /> <br />Section 4. That this resolution shall be effective from and after its date of passage. <br /> <br />PASSED AND ADOPTED BY THE PARIS ECONOMIC DEVELOPMENT <br />CORPORATION this 12th day of June, 2001. <br /> <br /> <br />ATTEST: <br /> <br />~/~ <br /> <br />Melba Harris, Secretary-Treasurer <br />