Exhibit 10.1
Fifth Amendment to
Executive Employment Agreement
Xxxx X. Xxxxxxxxx
This FIFTH AMENDMENT TO EXECUTIVE EMPLOYMENT AGREEMENT ("Fifth Amendment") is
entered into as of December 26, 2007 by and between PlanGraphics Inc., a
Colorado Corporation, formerly known as Integrated Spatial Information Solution,
Inc. ("Employer") and Xxxx X. Xxxxxxxxx ("Executive").
WHEREAS, Executive and Employer are parties to an Executive Employment Agreement
dated May 1, 2002 ("the Agreement"); and
WHEREAS, the term of the Agreement was previously extended from time to time
through December 31, 2007,
WHEREAS, the parties mutually desire to further extend the term and modify the
provisions of the Agreement.
NOW THEREFORE, and in consideration of the mutual covenants and agreements
hereunder contained, the parties hereby agree as follows:
1) Paragraph 2 of this Agreement is hereby amended to change the
Expiration Date to December 31, 2008.
2) Beginning October 1, 2007, the Executive shall place in a
salary-at-risk-account and on prorata bi-monthly basis, fifteen
percent (15%) of the Executive's annual salary, $23,550,
3) All other terms and condition of the Agreement as amended shall remain
unchanged
EXECUTIVE PLANGRAPHICS, INC
A Colorado Corporation
/S/ Xxxx X. Xxxxxxxxx /S/ Xxxx X. Xxxxxxxxx
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Xxxx X. Xxxxxxxxx Xxxx X. Xxxxxxxxx
President and CEO
Date: 12/26/07 Date: 12.26.07
WITNESS:
/S/ Xxxx Xxxxxxx
Xxxx Xxxxxxx
Date: 12/31/2007 Secretary of the Corporation
