Exhibit 10.1
SECOND AMENDMENT TO
EXECUTIVE EMPLOYMENT AGREEMENT
XXXX X. XXXXXXXXX
This SECOND AMENDMENT TO EXECUTIVE EMPLOYMENT AGREEMENT ("Second
Amendment") is entered into as of this 1st day of February, 2006, by and between
Plangraphics Inc., a Colorado corporation, formerly known as Integrated Spatial
Information Solutions, Inc. ("Employer") and Xxxx X. Xxxxxxxxx ("Executive").
WHEREAS, Executive and Employer are parties to an Executive Employment
Agreement dated May 1, 2002 ("the Agreement"); and
WHEREAS, paragraph 2 of the Agreement provides that the term of the
Agreement shall expire on April 30, 2005 (the "Expiration Date"); and
WHEREAS, the FIRST AMENDMENT provides that the term of the Agreement shall
expire on January 31, 2006 (the "Expiration Date"); and
WHEREAS, Executive and Employer desire to amend the Agreement in order to
provide a nine-month extension of the term of the Agreement and to make no other
changes to the Agreement.
NOW THEREFORE, and in consideration of the mutual covenants and agreements
hereinafter contained, the parties hereby agree as follows:
1. Paragraph 2 of the Agreement is hereby amended to change the Expiration
Date from April 30, 2005, to September 30, 2006.
2. All other terms and conditions of the Agreement shall remain unchanged.
EXECUTED at Frankfort, Kentucky, on the date aforesaid.
EXECUTIVE: PLANGRAPHICS, INC., A COLORADO
CORPORATION
/S/ Xxxx X. Xxxxxxxxx /S/ Xxxx Xxxxxx
By:
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Xxxx X. Xxxxxxxxx Xxxx Xxxxxx, Chairman
11/9/2005 JCA