Amendment to Section 2 of the Employment Agreement. Section 2 of the Employment Agreement is hereby amended to read in its entirety as follows:
Amendment to Section 2 of the Employment Agreement. Section 2 of the Employment Agreement is deleted in its entirety and replaced by the following:
Amendment to Section 2 of the Employment Agreement. Section 2 of the Employment Agreement is hereby amended by replacing "April 30, 2006" with "December 15, 2006."
Amendment to Section 2 of the Employment Agreement. Section 2 of the Employment Agreement is modified by replacing existing Section 2 with a new Section 2 as follows: Position and Duties. Employee will serve as the Company’s Vice President of Commercial Operations, and will perform such services for the Company as are customarily associated with such position and as may otherwise be assigned to the Employee from time to time by the Company’s Chief Executive Officer or his designee. Employee will report to the Company’s Chief Executive Officer. Employee will devote his full business time to the affairs of the Company and to his duties hereunder, and will perform his duties diligently and to the best of his ability, in compliance with the Company’s policies and procedures and the laws and regulations that apply to the Company’s business. Employee may engage in any civic and not-for-profit activities so long as such activities do not materially interfere with the performance of his duties hereunder or present a conflict of interest with the Company. In addition, during his employment, Employee agrees not to acquire, assume or participate in, directly or indirectly, any position, investment or interest known by the Employee to be adverse or antagonistic to the Company, its business or prospects, its financial position, or otherwise or in any company, person or entity that is, directly or indirectly, in competition with the business of the Company or any of its affiliates.
Amendment to Section 2 of the Employment Agreement. The third sentence of Section 2 of the Employment Agreement is amended by deleting the reference to “thirty (30) days” and substituting in lieu and instead thereof “six (6) months.”
