SECOND ADDENDUM TO
EMPLOYMENT AGREEMENT
THIS SECOND ADDENDUM TO EMPLOYMENT AGREEMENT is made and entered into
effective the 8th day of July, 1997, by and between FX ENERGY, INC., a Nevada
corporation ("Employer"), and XXXXX X. XXXXXXXX ("Employee"), based on the
following:
PREMISES
Employer and Executive entered into that certain Employment Agreement dated
July 11, 1996 (the "Agreement"). Currently, the Agreement provides for a three-
year Employment Period, commencing on the effective date of the Agreement. The
board of directors and Compensation Committee of the Employer have approved that
the Employment Period should be automatically extended for an additional year on
each anniversary date of the Agreement.
AGREEMENT
NOW, THEREFORE, based on the foregoing premises and for and in
consideration of the mutual promises and covenants contained herein, it is
hereby agreed as follows:
1. Subparagraph (c) of section 1 shall be added to the Agreement as
follows:
The Employment Period shall be automatically extended for an
additional one (1) year upon each anniversary date of this Agreement
unless otherwise terminated pursuant to the terms of this Agreement.
2. Except as modified herein, the Agreement is hereby ratified and shall
remain in full force and effect as provided therein.
DATED year and date first above written.
Employer:
FX ENERGY, INC.
By /s/ Xxxxxx X. Xxxxxx
Employee:
/s/ Xxxxx X. Xxxxxxxx
