Exhibit 10 (7)
AMENDMENT TO EMPLOYMENT AGREEMENT
Amendment to the Employment Agreement, dated as of March 31, 2005, (this
"Amendment"), between Xxxxxxx XxXxxxxxxxx ("Employee") and Dialog Group, Inc., a
Delaware corporation (the "Company").
Please make reference to an Employment Agreement, dated as of March 1, 2003,
(the "Agreement"), between Xxxxxxx XxXxxxxxxxx ("Employee") and Dialog Group,
Inc., a Delaware corporation (the "Company").
In consideration Six Million, Five Hundred Thousand shares of
Company common stock and of the premises and the mutual covenants hereinafter
set forth, the parties hereto hereby agree as follows:
4. Compensation.
4.1. Notwithstanding anything to the contrary in the Agreement, for the
calendar year 2005, the Employee's annual base salary shall be $85,000 ("Base
Salary"), payable in accordance with the Company's standard payroll practices
but no less frequently than twice per month.
4.2. The Employee hereby waves any bonus of Cost of Living increase for
2005.
5. Confirmation.
All the remaining terms of the Agreement are hereby affirmed
6. Entire Agreement.
This Amendment and the Agreement constitute the entire agreement between
the parties with respect to Employee's employment by the Company, and there are
no representations, warranties or commitments except as set forth herein. This
Agreement supersedes all prior and contemporaneous agreements, understandings,
negotiations and discussions, whether written or oral, of the parties hereto
relating to the transactions contemplated by this Agreement.
IN WITNESS WHEREOF, the parties have duly executed this Agreement as of
the date first above written.
DIALOG GROUP, INC.
By: /s/ Xxxxx X. XxXxxxxxxxx
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Xxxxx XxXxxxxxxxx, President and CEO
EMPLOYEE
By: /s/ Xxxxxxx XxXxxxxxxxx, Xx.
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Name: Xxxxxxx XxXxxxxxxxx
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