ADDENDUM TO EMPLOYMENT AGREEMENT
THIS ADDENDUM TO EMPLOYMENT AGREEMENT (this "Agreement") is made this 1st day of
March, 2005.
BETWEEN:
GAMMACAN, LTD., a body corporate with an address of Xxx Xxxxxx 00, Xxxxx
Xxxxxx, Xxxxxx (the "Company")
AND:
Xx. Xxxxx Xxxxxx an individual currently residing at 00 Xx'xxxxx Xxxxxx,
Xxxxxx Xxx, Xxxxxx 00000 (the "Employee")
A. The Employee and the Company have entered into Employment Agreement dated as
of March 1, 2005, a copy of which is attached as Exhibit A hereto (the "Original
Agreement");
B. The Company and the parent company of the Company, GammaCan International
Inc. (the "Parent Company"), wish that the Employee serves as the Vice President
of business development in the Parent Company (the "Position");
C. The Employee and the Company wish to formally record the terms and conditions
upon which the Employee will serve in the Position, and each of the Company and
the Employee have agreed to the terms and conditions set forth in this
Agreement, as evidenced by their execution hereof.
NOW THEREFORE THIS AGREEMENT WITNESSES that in consideration of the premises and
the mutual covenants and agreements herein contained, the parties hereto
covenant and agree as follows:
1. From and after the date hereof Employee shall serve in the Position.
2. Unless specifically provided otherwise hereunder, the terms of the
Original Agreement (including the exhibits thereto) shall apply to the
service of the Employee in the Position, mutatis mutandis.
3. For the avoidance of doubt, it is hereby clarified that upon termination
of the Original Agreement for any reason whatsoever, Employee shall
immediately cease her Position with the Parent Company.
4. Employee will not be entitled to any further compensation for her service
in the Position other than the Salary and the additional benefits to which
she is entitled pursuant to the Original Agreement.
5. Except as otherwise specifically stated herein, the Original Agreement
shall remain in full force and effect.
IN WITNESS WHEREOF the parties hereto have executed this Agreement effective as
of the date and year first above written.
GAMMACAN, LTD.
Per: /s/ XXX X. XXXXXX /s/ XXXXX XXXXXX
----------------- ----------------
Name: Xxx X. Xxxxxx Xx. Xxxxx Xxxxxx
Title: CEO
WE APPROVE AND AGREE:
GAMMACAN INTERNATIONAL, INC.
Per: /s/ XXX X. XXXXXX
-----------------
Name: Xxx X. Xxxxxx
Title: CEO
