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EXHIBIT 10.5
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EXTENSION OF EMPLOYMENT AGREEMENT
THIS EXTENSION OF EMPLOYMENT AGREEMENT (hereinafter called "Extension")
effective July 30, 1996, by and between IMAGE INDUSTRIES, INC., a Delaware
corporation (hereinafter called the "Company") and H. XXXXXXX XXXXXXX, a
resident of Georgia (hereinafter called "Employee").
W I T N E S S E T H:
WHEREAS, Employee and Company entered into an Employment Agreement
dated July 30, 1993 (the "Employment Agreement"), which terminates on July 30,
1996 and the parties wish to hereby extend the Employment Agreement for an
additional thirty-one (31) days from July 30, 1996.
NOW THEREFORE, for and in consideration of the premises, the mutual
covenants contained herein and other good and valuable considerations the
receipt and sufficiency of which are hereby acknowledged, the parties hereto do
hereby agree as follows:
1. The Employment Agreement is hereby extended by thirty-one (31) days
to August 30, 1996.
2. Except as hereby extended, the Employment Agreement shall be
unchanged and shall remain in full force and effect.
IN WITNESS WHEREOF, the parties hereto have hereinafter set forth their
hands and seals effective as of the date first above written.
EMPLOYEE:
/s/ H. Xxxxxxx Xxxxxxx
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H. XXXXXXX XXXXXXX
COMPANY:
IMAGE INDUSTRIES, INC.
By: /s/ Xxxxx X. Xxxxxx
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XXXXX X. XXXXXX, Chairman
