EXHIBIT 10.13
[Letterhead of URT Industries, Inc.]
December 23, 1998
Xx. Xxxxx Xxxx
0000 Xxxx Xxxxxxxxxx Xxxxx Xxxxxxxxx
Xxxxxxxxxx, XX 00000
Dear Xx. Xxxx:
It is the purpose of this letter to confirm our agreement to further amend
the Amended and Restated Employment Agreement, dated as of the first day of
October, 1994 (the "Employment Agreement"), between URT Industries, Inc.
("URT"), and yourself ("Employee"), as previously amended, in the manner
described below:
Employee acknowledges having received salary compensation, during the
nine month period commencing April 1, 1998 and ending December 31,
1998 which is $37,202.69 less than the compensation to which he would
otherwise be entitled, and agrees to forego such $37,202.69 in
compensation.
Other than as set forth above, the Employment Agreement, as previously
amended, shall remain in full force and effect.
Please sign below to confirm your agreement to the foregoing.
Very truly yours,
URT INDUSTRIES, INC.
By: /s/ Xxxxx Xxxx
--------------------------
Executive Vice-President
AGREED TO AND APPROVED:
/s/ Xxxxx Xxxx
-------------------------------
Xxxxx Xxxx
