EX-10 3 ex102.txt DOUGLAS SHARP AMENDMENT TO EMPLOYMENT AGREEMENT Amendment To the Employment Agreement This Amendment, dated as of January 21, 2005, to the Employment Agreement, dated as of July 1, 1999 (the Employment Agreement") between General Physics Corporation, a Delaware corporation, with principal executive offices at 6095 Marshalee Drive, Elkridge, MD 21075 (the "Company"), and Douglas E. Sharp residing at 6578 River Run, Columbia, Maryland 21044 ("Employee"). WHEREAS, the Company and Employee wish to amend the Employment Agreement to modify the term of the Employment Agreement. NOW, THEREFORE, intending to be legally bound, and for and in consideration of the mutual covenants set forth herein, the parties hereto agree to amend the Employment Agreement as follows: 1. Section 3 of the Employment Agreement is hereby amended by replacing Section 3 with the following new paragraph: "Unless sooner terminated in accordance with the provisions of this Agreement, the term of employment of Employee by the Company pursuant to this Agreement shall be for the period (the "Employment Period") commencing on the date hereof and ending on June 30, 2008." 2. Except as otherwise amended hereby, the Employment Agreement shall remain unamended and in full force and effect. GENERAL PHYSICS CORPORATION By:______________________________ Scott N. Greenberg Chief Executive Officer Douglas E. Sharp Employee