TERRY HAMILTON AMENDMENT TO EMPLOYMENT AGREEMENT
XXXXX XXXXXXXX AMENDMENT TO EMPLOYMENT AGREEMENT
This Amendment to Employment Agreement (“Amendment”) is made this 14th day of August, 2013, between OptimizeRx Corporation, a Nevada corporation (the “Company”) and Xxxxx Xxxxxxxx (“Employee”).
WHEREAS, the Company and Employee previously entered into an Employment Agreement on August 1, 2008, as amended (the “Employment Agreement”); and
WHEREAS, the Company and Employee desire to amend certain provisions of the Employment Agreement;
NOW, THEREFORE, in consideration of the premises and mutual covenants set forth herein, the parties hereto hereby agree to amend the Employment Agreement as follows:
| 1. | The paragraph entitled “Compensation” shall be amended to read in its entirety as follows: |
“Compensation
6. As compensation for services rendered under this Agreement, from and after the date of this Amendment the Employee shall be entitled to receive from the Employer a salary of $157,500 per year, payable in semi-monthly installments as such payment becomes due, prorated for any partial employment period. In addition, Xxxxx Xxxxxxxx is eligible for additional quarterly and annual bonus compensation, stock options and stock grants based on performance metrics set by the Board of Directors of OptimizeRx Corporation.”
| 2. | In all other respects, the remaining terms, covenants, conditions and provisions of the Employment Agreement shall continue in full force and effect to the extent provided in the Employment Agreement. |
IN WITNESS WHEREOF, the parties hereto have executed this Amendment as of the date first written above.
| OPTIMIZERx Corporation | EMPLOYEE |
|
By: /s/ Xxxxx Xxxxxx Xxxxx Xxxxxx Chief Operating Officer |
By: /s/ Xxxxx Xxxxxxxx Xxxxx Xxxxxxxx |
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