FIRST AMENDEMENT TO EMPLOYMENT AGREEMENT
FIRST
AMENDEMENT TO EMPLOYMENT AGREEMENT
This First Amendment to Employment
Agreement is made as December 15, 2008 (“Amendment”), by and between Ecology Coatings, Inc., a
Nevada corporation (“Company”) and Xxxxx X.X. Xxxxxx (“Executive”) and amends
the Employment Agreement between Company and Executive dated January 1, 2007
(“Agreement”).
1. The
parties agree to amend Section 4.1 of the Agreement to add the following
language at the end of Section 4.1:
Notwithstanding
the foregoing, Executive agrees to an annual salary of $60,000 until the Company
obtains/closes on additional equity financing that supports a sustainable
Company.
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2.
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In
all other respects, the terms of the Agreement shall remain in full force
and effect.
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By: /s/ Xxxxxx X.
Xxxxxxxx By: /s/ Xxxxx X.X.
Xxxxxx
Xxxxxx
X.
Xxxxxxxx Xxxxx X.X.
Xxxxxx
Its: CEO
