ADDENDUM B TO EMPLOYMENT AGREEMENT
EXHIBIT 10.28
ADDENDUM B TO EMPLOYMENT AGREEMENT
This addendum is made on November 2, 2003 by and between Quantum Fuel Systems Technologies Worldwide, Inc. (herein “Quantum) and Xxxx Xxxxxxxxxxx (herein “Employee”). For mutual and adequate exchange of consideration, the parties mutually agree to modify Employee’s Employment Agreement of August 1, 2002, as follows:
Section 2 of the above referenced Employment Agreement is hereby modified via incorporating the following additional language.
“2.1 (a) Effective November 2, 2003, Employee’s base salary is increased to $370,000.00 per year.”
/s/ Xxxx Xxxxxxxxxxx |
/s/ Xxxxxxx Xxxxx Xxxxx | |
Xxxx Xxxxxxxxxxx | Xxxxxxx Xxxxx Xxxxx | |
Chief Financial Officer | ||
Dated: November 2, 2003 | ||
Quantum Fuel Systems | ||
Technologies Worldwide, Inc. | ||
Dated: November 2, 2003 |