Amendment to Employment Agreement
Exhibit 10.8(ii)
Amendment to Employment Agreement
This Amendment to Employment Agreement is made and entered into effective as of June 21, 2004 (the
“Effective Date”) by and between TopSpin Medical (Israel) Ltd., of 0 Xxxxxx Xx., Xxxxx Xxxxxxxxxx
Xxxx, Xxx, Xxxxxx (the “Company”) and Xxxx Xxxxx, of 00 Xxx-Xxx Xx., Xxxxxxxx, Xxxxxx (the
“Employee”).
WHEREAS, the Company and the Employee entered into a certain Employment Agreement dated as of April
25, 2001 (the “Employment Agreement”); and
WHEREAS, the Company and the Employee wish to amend the Employment Agreement in the manner provided
below.
NOW, THEREFORE, in consideration of the premises and the mutual promises herein made, and in
consideration of the representations, warranties, and covenants herein contained, the parties agree
as follows:
1. | All terms not otherwise defined herein, shall have the meaning ascribed to them in the Employment Agreement. | ||
2. | Starting the Effective Date the Company shall provide Employee with the use of Toyota Land Cruiser as a Company Car. | ||
3. | Starting the Effective Date and as long as Company shall provide Employee with the use of Toyota Land Cruiser as a Company Car, Employee monthly gross salary shall be decreased by NIS 3,500. | ||
4. | All other terms and conditions of the Employment Agreement shall remain unchanged and in full force and effect. |
IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date first above
written.
TopSpin Medical (Israel) Ltd. | Xxxx Xxxxx | |
By: /s/ Xxxx Xxxxx /s/ Xxxx Sharbit
|
/s/ Xxxx Xxxxx | |
Name: Xxxx Xxxxx & Xxxx Sharbit
|
Signature: | |
Title: CEO & Controller |