EXHIBIT 10.8
AMENDMENT TO EMPLOYMENT AGREEMENT
THIS AMENDMENT TO EMPLOYMENT AGREEMENT dated as of August 22, 2003 by
and between Omnicomm Systems, Inc. (the "Company"), a Delaware corporation, and
Cornelis Wit (the "Executive").
1. Reference is hereby made to that certain Employment Agreement (the
"Employment Agreement") dated June 1, 2002 by and between the Company and
Executive. All terms used herein and not otherwise defined herein shall have the
same meaning as set forth in the Employment Agreement.
2. Paragraph 2 of the Employment Agreement shall be amended in its
entirety to read as follows:
"Term and Termination. This Agreement shall commence on June
1, 2002 and shall terminate as of the earlier of:
(a) December 31, 2004, unless extended by the Company;
(b) the death or disability of the Executive. Disability
shall mean the Executive's inability, due to sickness
or injury, to perform effectively his duties
hereunder for a period of at least 90 consecutive
days;
(c) thirty (30) days after notice is given by the Company
to the Executive after a material breach hereof by
the Executive; or,
(d) thirty (30) days after notice is given by the
Executive to the Company after a material breach
hereof by the Company.
The exercise of the Company's or the Executive's right to terminate
this Agreement pursuant to clause (c) or (d) hereof, as the case may be, shall
not abrogate the rights and remedies of the terminating party in respect of the
breach giving rise to such termination.
3. Except as otherwise amended hereby the terms and conditions of the
Employment Agreement shall remain in full force and effect.
IN WITNESS WHEREOF, the parties hereto have executed this Agreement as
of the day and year first hereinabove written.
OMNICOMM SYSTEMS, INC.
BY: /s/ XXXXXXX XXXXX
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Name: Xxxxxxx Xxxxx
Title: Chairman of the Board
EXECUTIVE:
/s/ CORNELIS WIT
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Cornelis Wit