Exhibit 10.6a
AMENDMENT NO. 1 TO THE EMPLOYMENT AGREEMENT FOR XXXXX XXXXXX
WHEREAS, both Xxxxxx Xxxxxx Communications, Inc., a New York corporation with a
business address of 0000 Xxxxxxxx Xxxxxx, Xxxxxxx, Xxxxxxxx 00000 (the
"Corporation") and Xxxxx Xxxxxx, an individual resident of the State of
Connecticut (the "Executive") wish to amend the Employment Agreement for Xxxxx
Xxxxxx entered into by the Corporation and Executive as of October 5, 2001 (the
"Employment Agreement"),
NOW, THEREFORE, in consideration of the promises and the mutual covenants
contained in that Employment Agreement and herein contained, the parties agree
to the following:
Section 2 of the Employment Agreement is amended so that the date, December 31,
2004, is substituted for the date, December 31, 2003.
Section 3 of the Employment Agreement is amended to allow Employee to work out
of his home office in Florida as well as the greater New York area as of October
5, 2002.
Section 3.2.1 of the Employment Agreement is amended in its entirety as follows:
For the period of January 1, 2003 forward, Employee shall work on a part-time
basis at a rate of ten (10) days per calendar month. All other benefits shall
stay in place during this period.
Section 4 of the Employment Agreement is amended to confirm that Employer agrees
pay interest charges that have accrued on the Phoenix policy as a result of
premiums that have not been paid by November 1, 2002. Employer also agrees to
bring Phoenix policy premiums by current no later than December 15, 2002. At
Employees' option, this policy may be replaced by two separate policies, as long
as the combined yearly premium does not exceed the projected premium cost. If
interest accumulates in the future as a result of non-payment of premiums, KPC
agrees to repay such interest.
Except as expressly modified by this Amendment all terms of the Employment
Agreement shall remain in full force and effect.
IN WITNESS WHEREOF, each of the parties hereto has executed this Amendment to
The Employment Agreement for Xxxxx Xxxxxx as of September 28, 2002.
XXXXXX XXXXXX COMMUNICATIONS, INCORPORATED
/s/ Xxxxx Xxxxxx
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Xxxxx Xxxxxx
Chief Executive Officer
EXECUTIVE
/s/ Xxxxxxxxxxx X. Xxxxxx
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