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EXHIBIT 10.1
AMENDMENT NO. 2
TO AMTC CORPORATION STOCK OPTION AGREEMENT
This Amendment No. 2 is entered into as of May 2, 2000, between Xxxxx X.
Xxxx ("Xxxx") and ZixIt Corporation, a Texas corporation ("ZixIt"). Reference is
made to that certain AMTC Corporation Stock Option Agreement, effective as of
April 29, 1998, as amended, between Xxxx and ZixIt (the "Xxxx Option").
1. Amendments. The Xxxx Option is amended as follows:
o Delete "4,000,000" from Section 1 and substitute in its place
"2,627,777." (Note: 2,627,777 shares is the number of shares remaining
under the Xxxx Option after giving effect to certain previous
reallocations of option shares by Xx. Xxxx.)
o Revise Section 2 to read in its entirety as follows: "Vesting. The
shares of Common Stock subject to the Option are fully vested as of
the date hereof."
2. No Other Changes. Other than as provided herein, the Xxxx Option shall remain
in full force and effect.
Executed on the dates set forth below, to be effective as of the date first
set forth above.
ZIXIT CORPORATION
By: /s/ XXXXX X. YORK
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Xxxxx X. York,
Senior Vice President
Date: May 2, 2000
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/s/ XXXXX X. XXXX
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Xxxxx X. Xxxx
Date: 5-3-00
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/s/ XXXXXX X. XXXX
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Xxxxxx X. Xxxx
Date: 5-6-00
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