AMENDMENT TO EMPLOYMENT AGREEMENT
THIS AMENDMENT ("Amendment") dated as of August 1, 1998 amends that
certain Employment Agreement ("Agreement") dated as of July 8, 1996 by and
between V-ONE Corporation, a Delaware corporation ("Company"), and Jieh-Xxxx
Xxxx ("Executive").
1. Each capitalized term used but not otherwise defined herein shall have
the meaning assigned to it in the Agreement.
2. The first sentence of Section 2(a) of the Agreement is hereby amended
to read in its entirety as follows:
The Company employs Executive, and Executive agrees to serve, as the
Company's Chief Technical Officer on the conditions hereinafter set
forth.
3. All references to the term "Senior Vice President, Engineering" in the
Agreement shall be amended to read "Chief Technical Officer."
4. The Company and Executive agree that Executive is no longer an
executive officer of the Company.
5. The Company and Executive agree that Executive may take leave without
pay during the period October 1 through December 31, 1998.
6. Except as modified by this Amendment, the Agreement shall remain in
full force and effect.
IN WITNESS WHEREOF, the undersigned have hereunto set their hands as of
the date first above written.
/s/ Jieh-Xxxx Xxxx V-ONE CORPORATION
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Jieh-Xxxx Xxxx
By: /s/ Xxxxxxx X. Xxxxxxx
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Xxxxxxx X. Xxxxxxx, Senior
Vice President and Chief
Financial Officer