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Exhibit 10.11(b)
PriceSmart, Inc.
4649 Morena Blvd.
San Diego, CA 92117
Tel 619 581-7485
Fax 619 581-4707
To: Gilbert A. Partida
From: Allan C. Youngberg
Re: AMENDMENT TO EMPLOYMENT AGREEMENT
Date: November 22, 1999
This will confirm that, effective as of January 12, 1999, the Base
Salary under your Employment Agreement with PriceSmart, Inc. was
increased, from $225,000 to $275,000.
Your Employment Agreement is deemed amended accordingly. All other
terms and conditions of your Employment Agreement remain the same.
Please sign below acknowledging the foregoing, and return a copy of
this document, with your signature, to me.
Dated: November 23, 1999
/s/ Allan C. Youngberg
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Allan C. Youngberg
Dated: November 29, 1999
/s/ Gilbert A. Partida
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Gilbert A. Partida
