EXTENSION TO EMPLOYMENT AGREEMENT
Exhibit
10.1
This
Extension to Employment Agreement (this “Extension”) is made as of April 1, 2008
between PETROSEARCH ENERGY
CORPORATION, a Nevada corporation (“Company”) and XXXXX XXXXXXXX
(“Employee”).
RECITALS:
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A.
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Company
and Employee entered into a certain Employment Agreement dated May 1,
2007, providing for a one (1) year
term.
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B.
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Company
and Employee mutually desire to extend the term of employment for an
additional one (1) year term.
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TERMS
OF AMENDMENT:
NOW,
THEREFORE, FOR VALUE RECEIVED, Company and Employee agree as
follows:
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1.
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Ratification of
Agreement. Except as modified hereby, Company and
Employee hereby ratify and confirm the Employment Agreement and its
provisions, including any amendments
thereto.
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2.
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Extension of
Term. Paragraph 1 of the Employment Agreement hereby
extends the Term from one (1) year to two (2) years, such that the
expiration of the Term shall be April 30,
2009.
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3.
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Binding Upon
Successors and Assigns. This Extension shall inure to
and be binding upon the undersigned and their respective heirs,
representatives, successors and
assigns.
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EXECUTED
as of the date set forth first above.
PETROSEARCH
ENERGY CORPORATION
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By:
/s/ Xxxxxxx X. Xxxx
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Xxxxxxx
X. Xxxx, President and CEO
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/s/
Xxxxx Xxxxxxxx
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XXXXX
XXXXXXXX
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