EXHIBIT 10.33
Xxxxxx Interactive Inc.
000 Xxxxxxxxx Xxxxx
Xxxxxxxxx, Xxx Xxxx 00000
Xxxxxx Xxxxxxxxx
0 Xxxxxxxxxxxx Xxx
Xxxxxxxxx, Xxx Xxxxxx 00000
Dear Xx. Xxxxxxxxx:
Please reference the Employment Agreement (the "Agreement") dated as of
August 5, 2001 between you and Xxxxxx Interactive Inc. (the "Company"). Section
3.1 of the Agreement provides for payment to you of Base Compensation, the
amount of which is to be reviewed periodically by the Compensation Committee of
the Company's Board of Directors.
We hereby advise you that the Compensation Committee has reviewed your Base
Compensation, and has approved an increase in such Base Compensation to $375,000
per annum, effective July 1, 2003.
/s/ Xxxxx X. Xxxxxxx
----------------------------
Xxxxx X. Xxxxxxx
Chairman
Compensation Committee
1