EXHIBIT 10.06
SECOND AMENDMENT TO EMPLOYMENT AGREEMENT
This Second Amendment (the "Second Amendment") to that certain employment
agreement (the "Agreement") dated effective January 1, 2006 by and between
Westside Energy Corporation (the "Company") and Xxxxxxx X. Manner ("Manner") is
made and entered into as of the 4th day of April, 2007, but effective as of the
1st day of January, 2007 by and between the Company and Manner. All capitalized,
undefined terms used herein shall have the respective meanings given to such
terms in the Agreement.
Recitals
WHEREAS, the Agreement was entered into effective January 1, 2006; and
WHEREAS, the Agreement was first amended effective March 31, 2006 by an
instrument entitled "FIRST AMENDMENT TO EMPLOYMENT AGREEMENT" (for purposes of
the remainder of this Second Amendment, the term "Agreement" shall mean the
Agreement as heretofore amended by said First Amendment); and
WHEREAS, the Company and Manner desire to amend the Agreement upon the terms,
provisions and conditions set forth hereinafter;
Agreement
NOW, THEREFORE, in consideration of the mutual covenants and agreements of the
Company and Manner to amend the Agreement, the Company and Manner agree as
follows:
1. Amendment to the Agreement. The Agreement is hereby amended so that the
annual salary rate provided for thereunder is increased from $175,000 to
$275,000.
2. Miscellaneous. Except as otherwise expressly provided herein, the Agreement
is not amended, modified or affected by this Second Amendment. Except as
expressly set forth herein, all of the terms, conditions, covenants,
representations, warranties and all other provisions of the Agreement are herein
ratified and confirmed and shall remain in full force and effect. On and after
the date on which this Second Amendment becomes effective, the terms,
"Agreement," "hereof," "herein," "hereunder" and terms of like import, when used
herein or in the Agreement shall, except where the context otherwise requires,
refer to the Agreement, as amended by this Second Amendment. This Second
Amendment may be executed into one or more counterparts, and it shall not be
necessary that the signatures of all parties hereto be contained on any one
counterpart hereof; each counterpart shall be deemed an original, but all of
which together shall constitute one and the same instrument.
[SIGNATURES TO FOLLOW]
2
IN WITNESS WHEREOF, this Second Amendment to the Agreement is adopted as of the
4th day of April, 2007, but effective as of the 1st day of January, 2007.
"COMPANY" "MANNER"
WESTSIDE ENERGY CORPORATION
By:/s/ Xxxx X. Xxxxxx /s/ Xxxxxxx X. Manner
Name: Xxxx X. Xxxxxx Xxxxxxx X. Manner
Title:Vice President & Chief
Financial Officer
