FIRST AMENDMENT TO EMPLOYMENT AGREEMENT
Exhibit 10.C
FIRST AMENDMENT TO EMPLOYMENT AGREEMENT
Reference is hereby made to the Employment Agreement (the “Original Agreement”) dated as of January 1, 2007 by and between Sunteck Transport Co., Inc., a Florida corporation and Xxxxxxx X. Xxxxxxxx, an individual residing at 000 0xx Xxxxxx, Xxxxxxxx
Xxxxx, Xxxxxxx 00000 (“Xx. Xxxxxxxx”).
For good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the undersigned parties agree as follows:
1) Section 4 and Addendum A of the Original Agreement is hereby amended to reduce Xx. Xxxxxxxx’ annual base compensation provided for therein from $195,000 to $175,500 for the period from May 11, 2009 through December 31, 2009.
2) Capitalized terms used but not defined herein shall have the meaning ascribed to it in the Original Agreement.
IN WITNESS WHEREOF, the parties hereto have duly executed and delivered this First Amendment to Employment Agreement as of May 11, 2009.
Sunteck Transport Co., Inc.
By: /s/ Xxxxx Xxxxxxx /s/
Xxxxxxx X. Xxxxxxxx
Xxxxx Xxxxxxx Xxxxxxx
X. Xxxxxxxx
President