EXHIBIT 10.41
AMENDMENT TO CONTRACT
Amendment to Employment Contract dated February 1, 2002, between XXXXX
ONLINE, INC., hereinafter ("Company") and XXXX XXXXX ("Employee").
WHEREAS, Company and Employee wish to continue Employee's employment with
the Company; and
WHEREAS, in consideration for Employee's continued employment and change
in responsibilities, the parties wish to modify certain provisions of the
Employment Contract,
NOW THEREFORE, in consideration for $10.00 and other good and valuable
consideration, the parties hereby agree as follows:
1. For purposes of Section 3 Duties, modify the position to that of Chief
Operating Officer and Chief Financial Officer.
2. That Employee's compensation pursuant to paragraph 4(a) of that certain
Employment Contract dated February 1, 2002, is hereby modified and amended so as
to increase Employee's annual compensation, effective of February 17, 2003, from
$155,000 to $195,000 per annum; and
3. For purposes of Paragraph 7(c) of that certain Employment Contract
dated February 1, 2002, the Employee's then applicable annual base salary shall
remain at the February 16,2003 rate of $155,000.
In all other respects the Employment Contract dated May 6, 1999 shall
remain in full force and effect and unaltered.
XXXXX Online, Inc.
By: /s/ Xxxxx Xxxxxxxxxx
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Xxxxx Xxxxxxxxxx
Chief Executive Officer
/s/ Xxxx Xxxxx
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XXXX XXXXX
February 17, 2003
