Exhibit 10.4.4
AMMENDMENT TO EMPLOYMENT AGREEMENT
This Amendment to Employment Agreement is executed on the 25th day of
October, 1999, by and between BALLANTYNE OF OMAHA, INC. ("Ballantyne"), a
Delaware corporation, with its principal offices at 0000 XxXxxxxx Xxxxxx, Xxxxx,
Xxxxxxxx 00000 (the "Company"), and XXXX X. XXXXXXX, AN INDIVIDUAL RESIDING AT
00000 Xxxxxxx Xxxxx, Xxxxx, Xxxxxxxx 00000 (the "Employee").
WITNESSETH:
That certain Employment Agreement entered into between the parties on
January 1, 1997, is hereby amended as follows:
1. Paragraph 4(e) of said Employment Agreement is hereby amended to
read as follows:
"(e) In the event the Company shall be sold, either by a sale of
assets or corporate stock, the Purchaser shall assume this Contract of
Employment. If, at the time of such sale, the remaining term of this
Contract shall be less than three (3) years, this Contract shall be
automatically extended for a period expiring three (3) years from the
closing date of the sale."
2. Except for the changes herein set forth, all other terms,
provisions and conditions of said Employment Agreement of January 1, 1997, shall
remain in full force and effect.
IN WITNESS WHEREOF, the parties hereto have set their hands the date
above written.
BALLANTYNE OF OMAHA, INC.
BY: /s/ Xxxxxx Xxxxxx
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Xxxxxx Xxxxxx, Chairman
/s/ Xxxx X. Xxxxxxx
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Xxxx X. Xxxxxxx
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