AMENDMENT TO CONSULTING AGREEMENT
This Amendment to Consulting Agreement ("Amendment") is entered into by
and between Westmark Group Holdings, Inc. ("WGHI") and Xxxxx X. Xxxxxxxx. Esq.
("Xxxxxxxx") and is made in reference to the following:
1) On or about January 24, 1996, WGHI and Xxxxxxxx entered into a
Consulting Agreement ("Agreement"). The Parties desire to modify said Agreement
as hereinafter set forth.
2) Said Agreement is hereby extended for a term of one (1) year
commencing February 1, 1997 through and including January 31, 1998.
3) Compensation shall continue at the same rate including $4,500
payable each pay period ("$9,000 per month") and the issuance of S-8 stock with
a net value of $6,000 per month.
4) Paragraph 4(c) of the Agreement shall be deleted effective February
1, 1997.
5) Xxxxxxxx acknowledges the satisfaction of paragraph 5(a, b & d) of
said Agreement.
6) Xxxxxxxx is hereby appointed Corporate Counsel for WGHI effective
February 1, 1997.
7) Except as hereinabove and modified, said Agreement shall continue in
full force and effect.
Dated: Dated: 2/4/97
WESTMARK GROUP HOLDINGS, INC.
By: /s/ Xxxx Xxxxxxxxxx
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XXXXX X. XXXXXXXX, ESQ. Its: Chief Operating Officer
