EXHIBIT 10.8B
AMENDMENT NO. 1
WHEREAS, Xxxxxxx Resources Corporation (the "Company") and Xxxxx X. Dea
(the "Executive") have executed a Severance Protection Agreement dated February
9, 1998 (the "Agreement");
WHEREAS, effective November 18, 1999, the Executive was elected the
Company's Vice Chairman and Chief Executive Officer; and
WHEREAS, the Company and the Executive desire to amend the Agreement in
light of the Executive's promotion.
NOW, THEREFORE, the Company and the Executive agree as follows:
1. Paragraph 3.1(b)(2), line 3, of the Agreement shall be amended by
deleting the phrase "two times" and replacing it with the phrase
"three times".
2. Paragraph 3.1(b)(3), line 1, of the Agreement shall be amended by
deleting the phrase "twenty-four (24) months with the phrase
"thirty-six (36) months".
3. This amendment is effective November 18, 1999.
ATTEST: XXXXXXX RESOURCES CORPORATION
/s/ Xxxxxx X. Xxxx, Xx. BY: /s/ Xxxxxxx X. Xxxxxxx
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Secretary Xxxxxxx X. Xxxxxxx
Chairman of the Board
XXXXX X. DEA
/s/ Xxxxx X Xxx
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