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EXHIBIT 10(c) 2
AMENDMENT TO EMPLOYMENT CONTRACT
(XXXXX XXXXX)
That certain Employment Contract between Employer, AIR PACKAGING TECHNOLOGIES,
INC., and Employee, XXXXX XXXXX, retaining Xx. Xxxxx as Chief Financial
Officer, effective July 1, 1998 (the "Agreement") is hereby amended in the
following respects, effective as of June 1, 1999 (numbers represent the Section
numbers in the Agreement):
1. Specified Term: The term of this Agreement shall run through May 31,
2000, and then automatically terminate on its own accord.
13. Stock Options: All stock options held by Employee (totaling 250,000
Options at this date and each exercisable at an exercise price of
$0.15 per share) shall continue to be exercisable so long as Employee
is employed by Employer, and shall terminate at the end of six months
after Employee ceases employment with Employer, regardless of reason
for termination.
18. (a) In the event that this Agreement is terminated prior to the
completion of the term of employment specified herein, Employee
shall be entitled to the compensation and expense reimbursements
earned by and vested in him prior to the date of termination as
provided for in this Agreement, computed pro rata up to and
including that date.
(b) Deleted.
(c) Deleted.
(d) Deleted.
(e) Deleted.
EMPLOYER EMPLOYEE
AIR PACKAGING TECHNOLOGIES, INC.,
a Delaware corporation
By /s/ ILLEGIBLE SIG /s/ XXXXX XXXXX
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Date 6/30/99 Date 6/30/99
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