Exhibit 99.1
JUNE 2009 AMENDMENT TO EMPLOYMENT AGREEMENT
RECITALS
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This Agreement is an Amendment to the June 11, 2007, Employment Agreement of
Xxxxxxx X. Xxxxxxx, Xx. by and between CDEX Inc., a Nevada corporation (the
"Company" or "CDEX") and Xxxxxxx X. Xxxxxxx, Xx. (the "Employee"). The Effective
Date of this Amendment shall be June 1, 2009.
Whereas, on June 11, 2007, the Company and Employee entered
into an Employment Agreement entitled "Employment Agreement" ("Agreement") which
provides for amendment with the consent of Company and Employee; and
Whereas, the Company and Employee desire to amend said
Agreement.
AMENDMENT AGREEMENT
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Accordingly, for good and valuable consideration, the sufficiency of which is
agreed to by both Parties, notwithstanding any previous agreement or amendment
thereto, the undersigned two Parties covenant and agree as follows ("Amendment
Agreement"):
1. Section 5.1. In view of the global economic downturn and its impact on
the Company, Employee, in his sole discretion, has not drawn salary
since September 8, 2008, and has elected to defer that salary until
the Company is more financially sound. Effective June 1, 2009,
Employee in his sole discretion has elected to take no salary until
economic conditions warrant.
2. Extension of Agreement. The term of the Agreement is extended until
June 1, 2010.
3. Recitals. The Recitals are incorporated herein by reference.
4. Agreement. The remainder of the Agreement remains in full force and
effect.
IN WITNESS WHEREOF, the undersigned have duly executed this Amendment
Agreement, or have caused this Amendment Agreement to be duly executed on their
behalf effective on June 1, 2009.
By: /s/ Xxxxxxx X. Xxxxxxx, Xx. By: /s/ Xxxxxx X. Xxxxx
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Xxxxxxx X. Xxxxxxx, Xx. Xxxxxx X. Xxxxx
Chairman, Compensation Committee
CDEX Inc. Board of Directors,
0000 X. Xxxx Xxxxx Xx. Xxxxx 000 Xxxxxx, XX 00000 (520)745-5172 xxx.xxxxxxx.xxx