EXHIBIT 10(i)
AMENDMENT
This Amendment No. 1 to that certain Employment Agreement dated June 1,
1994 by and between Grist Mill Co. ("Company") and Xxxxxx X. Xxxxxxxxx
("Employee").
RECITALS
A. Company and Employee have previously entered into a Consulting
Agreement ("Agreement") dated June 1, 1994.
B. Company and Employee wish to amend the Agreement to extend the term
of the Agreement and to reduce the amount of compensation to be paid to
Employee.
NOW, THEREFORE, in consideration of the foregoing recitals (which
recitals are incorporated into this Agreement by reference) and other good and
valuable considerations, the parties agree as follows:
1. Amendment of Paragraph 2 - Term. The term of this Agreement shall
continue until May 31, 2001.
2. Amendment of Paragraph 4 - Compensation. The Company shall continue
to pay Employee the Base Salary Rate as described in the Agreement until May 31,
1998. Commencing June 1, 1998 the Base Salary Rate shall be reduced to
Seventy-Five Thousand Dollars ($75,000.00) per annum.
3. Confirmation. All other terms and conditions contained in the
Agreement except as amended by Paragraphs 1 and 2 hereof shall remain unchanged
and in full force and effect.
Date: June 3, 1997
GRIST MILL CO.
By: /s/ Xxxx X. Xxxxxxxx
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/s/ Xxxxxx X. Xxxxxxxxx
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XXXXXX X. XXXXXXXXX
