ATC HEALTHCARE INC /DE/
EX 10.117
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<DESCRIPTION>EX 10.117
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<BR></FONT><FONT SIZE=2><B>Exhibit&nbsp;10.117    <BR>  </B></FONT></P>

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<BR></FONT><FONT SIZE=2><B>AMENDMENT TO THE<BR>  EMPLOYMENT AGREEMENT    <BR>  </B></FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;This Amendment Agreement, made as of the 18th day of December, 2001 is between Staff Builders,&nbsp;Inc., a Delaware Corporation (the "Company") now called ATC
Healthcare Services,&nbsp;Inc. and Edward Teixeira (the "Employee"). </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;WHEREAS,
the Company and the Employee entered into an Employment Agreement, dated as of April&nbsp;15, 1999 and </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;WHEREAS,
the parties now desire to amend the Agreement as provided herein; </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT
SIZE=2><B>NOW THEREFORE</B></FONT><FONT SIZE=2>, in consideration of the mutual covenants and agreements contained herein, the parties hereto agree as follows: </FONT></P>

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<DT style='margin-bottom:-11pt;'><FONT SIZE=2>1.</FONT></DT><DD><FONT SIZE=2>Section&nbsp;3
of the Agreement, relating to term is hereby amended such that term now is extended through, December&nbsp;31, 2004.
<BR><BR></FONT></DD><DT style='margin-bottom:-11pt;'><FONT SIZE=2>2.</FONT></DT><DD><FONT SIZE=2>Section&nbsp;4(a)
of the Agreement, relating to compensation, is hereby amended such that the Employee's base salary as of January&nbsp;1, 2002 will be $250,000 and such salary
will be increased to $265,000 on January&nbsp;1, 2003 and to $280,000 on January&nbsp;1, 2004.
<BR><BR></FONT></DD><DT style='margin-bottom:-11pt;'><FONT SIZE=2>3.</FONT></DT><DD><FONT SIZE=2>Section&nbsp;4(b)
of the Agreement relating to incentive compensation is hereby amended such that the net income before taxes related to the acquisition of franchise rights of the
DSS and DSI franchise is not included in the calculation of net income before taxes for calculating this incentive compensation. Any similar transaction in which ATC acquires franchise rights will
also not be included in calculating net income before taxes for this incentive compensation.
<BR><BR></FONT></DD><DT style='margin-bottom:-11pt;'><FONT SIZE=2>4.</FONT></DT><DD><FONT SIZE=2>Section&nbsp;5(d)
of the Agreement relating to change of control is hereby amended such that the severance payment of (12)&nbsp;twelve months salary is changed to
(18)&nbsp;eighteen months salary; and the payment period is hereby amended such that payment period of (12)&nbsp;twelve months is changed to (18)&nbsp;eighteen months.
<BR><BR></FONT></DD><DT style='margin-bottom:-11pt;'><FONT SIZE=2>5.</FONT></DT><DD><FONT SIZE=2>In
consideration for entering into this Amended Employment Agreement, employee will be paid a bonus of $15,000 by January&nbsp;30, 2002. </FONT></DD></DL>


<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Except
as expressly amended herein, all other terms, conditions, agreements, representations and warranties contained in the Agreement shall remain in full force and effect. </FONT></P>

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<TD COLSPAN=2><FONT SIZE=2>ATC HEALTHCARE,&nbsp;INC.</FONT></TD>
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By</FONT></TD>
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/s/&nbsp;&nbsp;</FONT><FONT SIZE=2>DAVID SAVITSKY</FONT><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><HR NOSHADE><FONT SIZE=2> David Savitsky</FONT></TD>
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<TD COLSPAN=2><BR><FONT SIZE=2>EMPLOYEE</FONT></TD>
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/s/&nbsp;&nbsp;</FONT><FONT SIZE=2>EDWARD TEIXEIRA</FONT><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><HR NOSHADE><FONT SIZE=2> Edward Teixeira</FONT></TD>
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<FONT SIZE=2><A HREF="#toc_ke5775_1">Exhibit 10.117</A></FONT><BR>
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<FONT SIZE=2><A HREF="#toc_ke5775_2">AMENDMENT TO THE EMPLOYMENT AGREEMENT</A></FONT><BR>
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