Amendment to Employment Agreement between
Frontier Natural Gas Corporation and Xxxxx X. Xxxxxxxxxxxxxx
WHEREAS Frontier Natural Gas Corporation, an Oklahoma Corporation, ("Frontier")
and Xxxxx X. Xxxxxxxxxxxxxx, an individual, ("Employee") have previously entered
into that certain employment agreement dated effective the first day of January,
1993 a copy of which is attached hereto as Exhibit A and incorporated by
reference (the "Employment Agreement") and
WHEREAS Frontier and Employee have agreed and settled all obligations of
Frontier to Employee in regards to deferred compensation as called for in
paragraph 5 of the Employment Agreement and
WHEREAS Employee and Frontier both desire to amend the Employment Agreement to
reflect the satisfaction of all obligations for payment of deferred compensation
pursuant to the Employment Agreement; now therefore
The Parties Hereby Agree as Follows:
1. Amendment. Employee and Frontier agree that the Employment Agreement shall be
deemed amended such that paragraph 5 titled "Deferred Compensation" of the
Employment Agreement, including sub-paragraphs 5.a., 5.b., 5.c., 5.d., 5.e.,
5.f., and 5.g.shall be deleted from the Employment Agreement and the Employment
Agreement shall be read as to all provisions as if said paragraph 5 had never
been a part thereof.
2. Contract Remains Effective. Other than as specifically amended and as changed
in this amendment, all provisions of the Employment Agreement shall remain in
full force and effect and binding upon the parties hereto.
In Witness Thereof, the parties have executed and delivered this amendment
effective as of the fifteenth day of August 1997.
/s/ illegible
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Frontier Natural Gas Corporation
/s/ Xxxxx X. Xxxxx
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Employee
