PARLEX CORP
EXHIBIT 10.2
<DOCUMENT>
<TYPE>EX-10
<SEQUENCE>3
<FILENAME>par3-102.txt
<DESCRIPTION>EXHIBIT 10.2
<TEXT>

                                                                Exhibit 10.2

                  SECOND AMENDMENT TO EMPLOYMENT AGREEMENT
                         Between Parlex Corporation
                                     and
                             Jonathan R. Kosheff

      This Second Amendment to Employment Agreement (this "Amendment") is
entered into as of September 1, 2005, by and between Parlex Corporation (the
"Company") and Jonathan R. Kosheff ("Employee") and further amends that
certain Employment Agreement by and between the parties hereto dated
September 1, 2002, as previously amended by that certain First Amendment to
Employment Agreement dated July 21, 2004 (as previously amended, the
"Agreement"), as herein provided.

      NOW THEREFORE, in consideration of the mutual promises and covenants
herein set forth and as set forth in the Agreement, and for other good and
valuable consideration, the receipt and sufficiency of which the parties
hereby acknowledge, each to the other, the parties hereto agree as follows:

      1.    Section 1 of the Agreement shall be amended by deleting the date
"August 31, 2005" at the end of such section and replacing it with the date
"August 31, 2006".

      2.    Section 2.1 of the Agreement shall be amended by deleting the
phrase "eight thousand three hundred and thirty four dollars ($8,334.00)"
and inserting the following: "eight thousand seven hundred and fifty dollars
($8,750.00)".

      3.    Section 2.3(c) of the Agreement shall be amended by deleting the
provisions of such subsection in its entirety and inserting the following:

      "(c)  In the event the Employee exercises his rights under Section
      2.3(a) or the Company exercises its rights under 2.3(b) above, then
      and in that event the provisions of Section 7.3 or 7.4 below shall
      become null and void and the provisions of Section 2.3(a) or 2.3(b)
      shall govern and control."

      4.    Section 7.3 of the Agreement shall be amended by deleting the
provisions of such section in their entirety and inserting the following:

      "If the Employee's employment is terminated without Cause pursuant to
      Section 6.3, the Company shall pay to Employee both (i) the
      compensation and benefits otherwise payable to him under Section 2
      through the last day of his actual employment by the Company and (ii)
      an amount, payable on a monthly basis, through August 31, 2006 equal
      to one hundred percent (100%) of the rate of compensation payable per
      month to Employee, at the time of Employee's termination, pursuant to
      subsection 2.1 above. Additionally, Company shall pay to Employee a
      monthly sum equivalent to one hundred percent (100%) of the rate of
      compensation payable per month to Employee, at the time of Employee's
      termination, pursuant to subsection 2.1 above ("Termination Pay"), for
      each month or pro rata portion of each month, from September 1, 2006
      to the earlier to


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      occur of the following dates: (a) August 31, 2007; or (b) Employee
      becomes reemployed in any capacity with either Company or any third
      party."

      5.    Section 7.4 of the Agreement shall be amended by deleting the
provisions of such section in their entirety and inserting the following:

      "In the event the Company decides after expiration of this Agreement
      not to renew Employee's employment with the Company and said decision
      was made without Cause, the Company shall pay to Employee a monthly
      sum equivalent to one hundred percent (100%) of the rate of
      compensation payable per month to Employee, at the time of expiration
      of this Agreement, pursuant to subsection 2.1 above ("Termination
      Pay"), for each month or pro rata portion of each month, from August
      31, 2006 to the earlier to occur of the following dates: (a) August
      31, 2007; or (b) Employee's reemployment."

      6.    The parties acknowledge and agree that except for the provisions
contained in this Amendment, the Agreement shall continue in full force and
effect and constitutes the full and complete understanding and agreement of
the parties. In the event of a conflict between the provisions of this
Amendment and the Agreement, the provisions of this Amendment shall govern.

      IN WITNESS WHEREOF, the parties hereto have caused this Amendment to
be executed the day and year first above written.


COMPANY:                               EMPLOYEE:
-------                                --------

PARLEX CORPORATION


By: /s/ Peter J. Murphy                /s/ Jonathan R. Kosheff
    -------------------                -----------------------
    Peter J. Murphy                    Jonathan R. Kosheff
    President


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</TEXT>
</DOCUMENT>
