Addendum #3 to the EMPLOYMENT AND SEPARATION AGREEMENT
Exhibit 10.1.3
Addendum #3 to the
EMPLOYMENT AND SEPARATION AGREEMENT
EMPLOYMENT AND SEPARATION AGREEMENT
This employment agreement addendum #3 (“Agreement”) by and between DURASWITCH INDUSTRIES,
INC., a Nevada corporation, (“DuraSwitch”), and Xxxxxx X. Xxxxxx (“Employee”), shall be effective
as of April 30, 2005.
Xx. Xxxxxx’x current employment agreement expires on April 30, 2005. Xx. Xxxxxx and
DuraSwitch hereby extend the term of employment of the current employment agreement for a period of
two months to provide additional time for the Compensation Committee to complete work on a new
employment agreement with Xx. Xxxxxx.
Accordingly, Xx. Xxxxxx’x Term of Employment (Section 2.1) is hereby extended to June 30, 2005.
/s/ Xxxxxx X. Xxxxxx | ||||||
DURASWITCH INDUSTRIES, INC., a Nevada corporation | ||||||
By: | /s/ Xxxxxxx X. Xxxxxx | |||||
/s/ Xxxx Xxxx | ||||||
/s/ Xxxxx Xxxxxx | ||||||
/s/ P. Xxxxxx Xxxx | ||||||
Its: Compensation Committee Members |