EXHIBIT 99.3
ADDENDUM TO
EMPLOYMENT AGREEMENT
This Addendum, effective as of the completion of the transaction between
Alternate Marketing Networks, Inc., a Delaware corporation (the "Company"), and
Hencie, Inc. (anticipated to be July 1, 2002), by and between Alternate
Marketing Networks, Inc. a Delaware corporation ("Company") and Xxxxxx X. Xxxxx
("Employee").
Recitals
Whereas, the Company and the Employee entered into an Employment Agreement,
dated June 15, 2001 (the "Employment Agreement"), and
Whereas, the Company has entered into a merger agreement with Hencie Inc., and
Whereas, the Company and the Employee desire to amend certain terms of the
Employment Agreement as provided in this Addendum.
Now, therefore, for valuable consideration, the receipt of which is
acknowledged, the Company and the Employee agree as follows:
Section 1.2 is amended in its entirety as follows:
1.2 Duties. Employee shall report to the Company's CEO, or his designee, and
devote her full time, attention and efforts to the performance of her duties,
which may include, without limitation, serving as Controller of the Company,
serving as CFO of Alternate Postal Direct, Inc., and National Home Delivery,
Inc., d/b/a USSPI, serving as Vice President-Operations of Alternate Postal
Direct, Inc., and all other reasonable duties assigned to her from time-to- time
by the CEO, his designee, or the Board of Directors.
Section 2.4 is amended in its entirety as follows:
2.5 Award of Shares of Stock. In the event that the merger with Hencie Inc. is
successfully closed, the Company shall award to Employee 50,000 shares of new
stock of the Company.
All other terms and conditions of the Employment Agreement shall remain
unchanged except as necessary to conform to the terms of this Addendum.
Executed as of the date first written above.
/s/ Xxx Xxxxxxx ALTERNATE MARKETING NETWORKS, INC.
Witness ----------------------------------
By: /s/ Xxxxxxx X. Xxxxxx
Title: Chief Executive Officer
/s/ Xxxxxx X. Xxxxx
----------------------------------
Xxxxxx X. Xxxxx (Employee)
