Exhibit 10.12
ADDENDUM TO EMPLOYMENT AGREEMENT
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This Addendum to Employment Agreement (hereinafter "AGREEMENT") is made
by and between W. Xxxxx Xxxxx, Xx., 00 Xxxxx Xxxxxxxx Xxxxxxxx, Xxxxxx, XX 00000
(hereinafter "EMPLOYEE"), and VOM, LLC on behalf of itself, its subsidiaries,
affiliates, predecessors, successors, assigns; and their directors, officers,
employees and agents (hereinafter collectively referred to as "VOM"), with its
principal place of business, 0000 Xxxxx 000 Xxxx, XXX X, Xxxx, XX 00000.
WHEREAS, VOM and EMPLOYEE have entered into an Employment Agreement,
dated as of January 1, 2004 (the "Employment Agreement") and
WHEREAS, VOM and the EMPLOYEE desire to amend certain provisions of the
Employment Agreement,
NOW THEREFORE, for and in consideration of the mutual and respective
covenants and agreements contained herein, VOM and EMPLOYEE agree as follows:
1. The Employee hereby confirms that no salary has been
paid to him or accrued during the period between January 1, 2004 and August 31,
2004, and EMPLOYEE hereby waives any right to the payment of such salary.
Payment of salary at the rate stated in the Employment Agreement shall begin on
September 1, 2004 and shall be paid bi-monthly less mandatory and authorized
deductions.
2. Except as provided above, the Employment Agreement
shall remain in full force and effect.
IN WITNESS WHREOF, the parties have executed this ADDENDUM as of the
date first above written.
VOM, LLC EMPLOYEE
By: /s/ XXXXX X. XXXXXXXXX /s/ W. XXXXX XXXXX, XX.
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Xxxxx X. Xxxxxxxxx, Esq. W. Xxxxx Xxxxx, Xx.
CFO & CLO
Dated: September 1, 2004 Dated: September 1, 2004
