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EXHIBIT 10.47
[XXXX XXXXX FINANCIAL CORPORATION LETTERHEAD]
February 28, 1997
Xxxxxxx X. Xxxxxxx
Xxxx Xxxxx Financial Corporation
0000 Xxxxxxxxx Xxxxxx Xxxxx
Xxxxx, Xxxxxxx 00000
RE: AMENDMENT OF EMPLOYMENT AGREEMENT
Dear Xx. Xxxxxxx:
The undersigned hereby agree that the term of the Employment Agreement
dated as of October 2, 1992 between Xxxx Xxxxx Financial Corporation and you,
is hereby extended until December 31, 1997, by amending, effective as of
December 30, 1996, the reference in such paragraph 4 to "December 31, 1996" to
read "December 31, 1997".
If you are in agreement with this amendment, please execute and return
a copy of this letter agreement, whereupon the Employment Agreement will be
amended, effective as of December 30, 1996.
EMPLOYER:
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XXXX XXXXX FINANCIAL CORPORATION
/s/ XXXXX X. XXXXXXX
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EXECUTIVE:
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XXXXXXX X. XXXXXXX
/s/ XXXXXXX X. XXXXXXX
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