EXHIBIT 10.7
ADDENDUM TO EMPLOYMENT AGREEMENT
The Employment Agreement dated December 1, 1993 between Ocurest
Laboratories and Xxxx Xxxxxxx is hereby amended to reflect the employee's new
position as of July 1, 1996 as Director of Administration.
Paragraph 5 of the Agreement is replaced in its entirety with the
following amendment:
5. DUTIES: During the Employment Period the Employee shall report to
the Senior Vice President & Chief Administrative Officer of the Company and
shall furnish all manner of services in connection with his position as Director
of Administration as would be expected from a person holding a similar position
in a similar company. The Employee shall devote his full time, energy and skill
to the service of the Company and the promotion of its interests, and shall use
his best efforts in the performance of his services hereunder.
Dated: June 19, 1996 OCUREST LABORATORIES, INC.
By: /s/ XXXXX X. XXXX
---------------------------
Xxxxx X. Xxxx
Executive Vice President
/s/ XXXX XXXXXXXX
--------------------------
Xxxx Xxxxxxxx
