Exhibit 10.5
ADDENDUM TO EMPLOYMENT
CONTRACT
This Addendum to Employment Contract ("Addendum") is made this 9th day
of August, 2004, and shall supplement and amend that Employee -Employer Contract
("Contract"), dated August 9th, 2001, entered into by and between FreeStar
Technology Corporation (formerly Freestar Technologies), a Nevada corporation
("Employer"), Calle Fantino Falco, X.X. Xxxx Xxxxxxxx, 0xx Xxxxx, Xxxxx Xxxxxxx,
Xxxxxxxxx Xxxxxxxx, and Xxxxxx Xxxx ("Employee"), XX Xxxxxx Xxxxxxxxxx 0000,
Xxxxx Xxxxxxx, Xxxxxxxxx Xxxxxxxx.
All terms and conditions of the Contract not otherwise amended by this
Addendum shall remain in full force and effect.
The Employer and Employee agree that the contract be extended for a
further three years expiring on August 9th, 2007 .The Employer and Employee
agree that a remuneration review take place on or before 31st of December 2004.
IN WITNESS WHEREOF, the parties have caused this Addendum to be
executed and delivered as of the date first above written.
EMPLOYER :
FREESTAR TECHNOLOGY CORPORATION
By: /s/ Xxxx Xxxx
-----------------------------------------
Xxxx Xxxx, Chief Executive Officer
EMPLOYEE:
XXXXXX XXXX
By: /s/ Xxxxxx Xxxx
-----------------------------------------
Xxxxxx Xxxx
