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EXHIBIT 10.2
FIRST AMENDMENT TO
SEPARATION AGREEMENT AND RELEASE
This First Amendment to Separate Agreement and Release (this
"Amendment"), is entered into as of March 29, 2001, between Xxxx Xxxxxxxx
("Employee") and INTERLINQ Software Corporation, a Washington corporation
("INTERLINQ").
W I T N E S S E T H:
WHEREAS, on February 7, 2001, Employee and INTERLINQ entered into that
certain Separation Agreement and Release agreement regarding the termination of
Employee's employment with INTERLINQ (the "Separation Agreement");
WHEREAS, Employee and INTERLINQ desire to extend the date of Employee's
termination under the Separation Agreement;
A G R E E M E N T S:
NOW, THEREFORE, for and in consideration of the foregoing premises and
for other good and valuable consideration, the sufficiency and receipt of which
are hereby acknowledged, INTERLINQ and Employee hereby agree to amend the
Separation Agreement as follows:
1. AMENDMENT OF THE SEPARATION AGREEMENT
Recital A of the Separation Agreement is amended and restated in its
entirety to read as follows:
A. Employee has been employed by INTERLINQ, and Employee's
employment at INTERLINQ will terminate on April 15, 2001,
or earlier if requested by INTERLINQ's Board of Directors.
The first sentence of Section 1 of the Separation Agreement is amended
and restated in its entirety to read as follows:
Employee's employment with INTERLINQ will end on April 15,
2001 (the "Employment Termination Date").
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All other terms and provisions of the Separation Agreement shall remain
in full force and effect.
2. CONSENT
By signing in the space below, Employee and INTERLINQ hereby consent to
the above amendments to the Separation Agreement.
3. COUNTERPARTS
This Amendment may be executed in counterparts, each of which shall be
deemed an original, but all of which together shall constitute one and the same
instrument.
IN WITNESS WHEREOF, the parties have executed this First Amendment to
Separation Agreement and Release as of the date first above written.
EMPLOYEE:
/s/ Xxxx Xxxxxxxx
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Xxxx Xxxxxxxx
INTERLINQ Software Corporation
By: /s/ Xxxxxx Xxxxxxxxx
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Name: Xxxxxx Xxxxxxxxx
Its: Chairman
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