Exhibit 10.26
Amendment to Employment Agreement
Effective March 31, 1997
Between Java Centrale, Inc. and Xxxxxx Xxxxxxx
Java Centrale, Inc. ("Java") and Xxxxxx Xxxxxxx ("SJO") agree that the salary
due to SJO for the position of Chief Financial Officer is deferred for a period
of 90 days and due June 30, 1997. Java and SJO agree that the salary due SJO
for the period of December 1, 1996 to March 31, 1997 in the amount of $27,291.97
is deferred until June 30, 1997. Java agrees that the credit line dated July
11, 1996, in the amount of $175,000, signed by SJO, Xxxx Xxxxxx and Baycor
Ventures, Inc. is terminated and that by SJO deferring salary of $27,291.97 by
SJO that Java fully releases SJO of any obligation under this credit line and
there are no further obligations by SJO to loan funds under that credit line
dated July 11, 1996.
Agreed to:
/s/
Xxxxxx Xxxxxxx
/s/
Xxxx Xxxxxx, President
/s/
Xxxx Xxxxxxx, Chairman of the Board
