AMENDMENT 2 TO THE EMPLOYMENT AGREEMENT DATED AUGUST 1, 2003
Exhibit
10.34
Priviledged
and Confidential
April
2,
2007
AMENDMENT
2 TO THE
EMPLOYMENT
AGREEMENT DATED AUGUST 1, 2003
By
and
between Siberian Energy Group Inc., a Nevada corporation (the “Company”), and
Xxxxx Pochapski (“Employee”) made effective as of April 1, 2007.
WHEREAS
the Corporation and the Employee
previously signed the Amendment to the Employment Agreement, which stated the
temporary annual salary of the Employee;
AND
WHEREAS the Corporation and the Employee wish
to
determine the amount of compensation for the period starting April 1,
2007,
NOW
THEREFORE THIS AGREEMENT WITNESSETH,
that
the Company and the Employee agree as follows:
Point
2.1
of the Amendment to the Employment agreement to be revised and annual salary
of
the Employee returned to the regular amount as per point 5.1.1 of the Employment
Agreement dated August 1, 2003, which is stated as US$75,000.
Monthly
salary will be paid in Canadian dollars from the bank account of Siberian Energy
Group Inc.(Canada). For convenience of calculation of tax withholdings the
exchange rate will be fixed at 1.15CDN/USD until December 31, 2007, at which
date Canadian dollar amount will be recalculated to reflect the actual average
exchange rate for 2007, but will not be below 1.00 CDN/USD.
All
other
provisions of the Employment Agreement dated August 1, 2003 and Amendment to
the
Employment Agreement of August 15, 2005 remain without change.
IN
WITNESS WHEREOF, the parties have caused this agreement to be executed the
day
and year first above written.
|
EMPLOYEE
|
COMPANY
|
|
Xxxxx
Pochapski,
|
Xxxxx
Xxxxxx,
|
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Address:
000 Xxxxxx Xxxxx,
|
Xxxxxxxx
and CEO
|
|
Xxxxxxxxx,
XX, X0X 0X0
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