SECOND EMPLOYMENT AGREEMENT AMENDMENT
Exhibit
99.2
SECOND
EMPLOYMENT AGREEMENT AMENDMENT
This
Second Employment Agreement Amendment (this "Amendment"), dated June 26, 2007,
is by and between Glowpoint, Inc., a Delaware corporation (hereinafter
"Glowpoint"), and Xxxxxxx Xxxxxxxxxx (hereinafter "Employee"). Capitalized
terms
used but not otherwise defined in this Amendment shall have the meanings set
forth in the Employment Agreement (as defined below).
WHEREAS,
Employee and Glowpoint entered into an Amended and Restated Employment Agreement
as of July 1, 2004, as amended May 15, 2007 (the “Employment Agreement”);
WHEREAS,
the
Employee’s employment term is currently scheduled to expire on June 30, 2007;
and
WHEREAS,
the
Company wishes to extend Employee’s employment term for two years, and Employee
wishes to continue to work for Company;
NOW,
THEREFORE,
in
consideration of the mutual covenants set forth herein and other good and
valuable consideration, the receipt and sufficiency of which are hereby
acknowledged, the parties hereto agree as follows:
1. Term.
The
Employment Agreement is hereby amended to delete “the three-year period
commencing on July 1, 2004” in the first sentence of Section 1.1 and replace it
with “the two-year period commencing on July 1, 2007”.
2. Entire
Agreement.
This
Amendment is the final, complete and exclusive agreement between the Parties
relating to the subject matter hereof, and supersedes all prior or
contemporaneous proposals, understandings, representations, warranties, promises
and other communications, whether oral or written, relating to such subject
matter. Unless specifically amended by this Amendment, all terms of the
Employment Agreement remain unchanged and are in full force and effect. If
any
provision of the Employment Agreement, as amended by this Amendment, is held
by
a court of competent jurisdiction to be unenforceable for any reason, the
remaining provisions hereof shall be unaffected and remain in full force and
effect.
In
Witness Whereof,
the
parties have duly executed this Agreement as of the date first written above.
Glowpoint,
Inc.
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/s/
Xxxxx X. Xxxxxx
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/s/
Xxxxxxx Xxxxxxxxxx
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Name:
Xxxxx X. Xxxxxx
Title:
Chief Financial Officer
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Xxxxxxx
Xxxxxxxxxx
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