1 EXHIBIT 10.4 AMENDMENT TO EMPLOYMENT AGREEMENT WHEREAS, Kerr Group, Inc. (the "Company") and D. Gordon Strickland (the "Employee") have entered into an Employment Agreement, dated as of June 16, 1986 (the "Employment Agreement"); and WHEREAS, pursuant to Paragraph 13 of the Employment Agreement, the Company and the Employee have agreed to amend the Employment Agreement. NOW, THEREFORE, effective as of the date written below, the Employment Agreement is amended as follows: 1. The third sentence of Paragraph 2(b)(3) shall be deleted and replaced with: Notwithstanding anything in this Paragraph 2(b)(3) to the contrary, the Salary to be paid to Employee upon termination of employment pursuant hereto shall not be reduced by any amounts paid to Employee on account of any compensation received by Employee from other employment. Furthermore, the Company shall not be obligated to provide any such fringe benefit after Employee shall receive such fringe benefit at least as favorable to Employee from another employer. IN WITNESS WHEREOF, the parties have executed this Amendment on the 2nd day of January, 1996. KERR GROUP, INC. By: /s/ Roger W. Norian --------------------------- President /s/ D. Gordon Strickland ---------------------------