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EXHIBIT 10.12.1
SECOND AMENDMENT TO EMPLOYMENT AGREEMENT
THIS SECOND AMENDMENT TO EMPLOYMENT AGREEMENT (hereinafter called
"Amendment") made and entered into as of the 30th day of July, 1997, by and
among IMAGE INDUSTRIES, INC., a Delaware corporation (hereinafter called the
"Company"), H. XXXX XXXXXXX, a resident of Georgia (hereinafter called
"Employee") and THE MAXIM GROUP, INC., a Delaware corporation (hereinafter
called "Maxim").
W I T N E S S E T H
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WHEREAS, Employee and Company entered into an Employment Agreement dated
July 30, 1993, as amended (the "Agreement"), which the parties wish to hereby
amend;
NOW, THEREFORE, for and in consideration of the premises, the mutual
covenants contained herein and other good and valuable considerations the
receipt and sufficiency of which are hereby acknowledged, the parties hereto do
hereby agree as follows:
1. Amendments. From and after the date hereof, the Agreement is hereby
amended by deleting from Section 6 of the Agreement the words "for a period of
five (5) years thereafter" and substituting in lieu thereof the words "until
July 30, 2000".
2. Continued Effect. Except as hereby amended, the Agreement shall be
unchanged and shall remain in full force and effect.
IN WITNESS WHEREOF, the parties hereto have set forth their hands and
seals, effective as of the date first above written.
/s/ H. Xxxx Xxxxxxx
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H. XXXX XXXXXXX
IMAGE INDUSTRIES, INC.
By: /s/ Xxxxx X. Xxxxxx
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Name: Xxxxx X. Xxxxxx
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Title: Chairman of the Board
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THE MAXIM GROUP, INC.
By: /s/ X.X. Xxxxxx
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Name: X.X. Xxxxxx
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Title: President
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