WITH MARION C. SOFIELD ADDENDUM OF EMPLOYMENT CONTRACT DATED JANUARY 3, 2005
I.E.T. EMPLOYMENT CONTRACT
WITH
XXXXXX X. XXXXXXX
ADDENDUM
OF EMPLOYMENT CONTRACT DATED JANUARY 3, 2005
COMPENSATION DATE: For all services rendered by Executive in any capacity during the term of this Employment Agreement, Employer shall pay Executive annual compensation of $72,000.00, in equal monthly installments payable on the 1st day of each month, or in such other manner as is the general practice of Employer.
EFFECTIVE DATE: March 1, 2005
SIGNED:
/s/Xxxxxxx X. Xxxxxx February 28, 2005
Xxxxxxx X. Xxxxxx Date
President and CEO
ACCEPTED:
/s/Xxxxxx X. Xxxxxxx February 28, 2005
Xxxxxx X. Xxxxxxx Date
BOARD RATIFICATION:
/s/Xxxx Xxxxxxxx February 28, 2005
Xxxx Xxxxxxxx Date
Director
/s/Xxxxxxx Xxxxxx March 1, 2005
Xx. Xxxxxxx Xxxxxx Date
Director