Amendment to Employment Agreement
WHEREAS, Diasense, Inc. ("Employer" or the
"Corporation") and Xxxx X. Xxxxxx ("Employee") entered into
an Employment Agreement dated November 1, 1994 (the
"Agreement"), and such Agreement was automatically renewed
for an additional three-year term on October 31, 1999; and
WHEREAS, Employer and Employee have agreed to amend the
terms of such contract as set forth herein, with all other
terms remaining the same;
THEREFORE, in consideration of the mutual covenants and
agreements set for the herein, and other good and valuable
consideration, the receipt and adequacy of which are hereby
acknowledged, and intending to be legally bound hereby,
Diasense, Inc. and Xxxx X. Xxxxxx agree that his employment
shall continue to be governed by the Agreement, as amended
herein.
6.01 Annual Salary. Employee agrees to waive his
salary effective January 1, 2002 through December 31, 2002.
IN WITNESS WHEREOF, the undersigned have hereunto set
their hands and seals on this 20th day of December, 2001.
ATTEST: DIASENSE, INC.
/s/ Xxxxxxx X. Xxxxx /s/ Xxxxxxx X. Xxxxxxxx
Title: Chief Operating Officer Xxxxxxx X. Xxxxxxxx, CFO
WITNESS: EMPLOYEE
/s/ Xxxx X. Xxxxxxxxx /s/ Xxxx X. Xxxxxx
Xxxx X. Xxxxxxxxx Xxxx X. Xxxxxx
