AMENDMENT NUMBER ONE (1) TO EMPLOYMENT AGREEMENT
This Amendment Number One (1) is entered into this 1st
day of October 2001, ("Amended Employment Agreement") by and
between COMTEX News Network, Inc. ("COMTEX"), a Delaware
corporation, with its principal executive offices at 0000
Xxxxxxxx Xxxx, Xxxxx 000, Xxxxxxxxxx, Xxxxxxxx 00000
("Company"), and XXXXXXX X. XXXXX, whose address is 00000
Xxxxx Xxxxx, Xxxxxxxxxx, Xxxxxxxx 00000 ("Employee").
W I T N E S S E T H:
WHEREAS, COMTEX and the Employee entered into an
employment agreement on the 1st day of October 1998
(hereinafter "Agreement"); and
WHEREAS, COMTEX and the Employee wish to amend the
terms of the Agreement;
NOW, THEREFORE, in consideration of the mutual
covenants and agreements set forth herein below, the parties
hereto agree as follows:
1. The term of the Agreement shall be extended for one
year ending September 30, 2002.
2. All conditions of the original Agreement not amended
herein shall remain in full force and effect.
COMTEX NEWS NETWORK, INC. ACCEPTED & AGREED TO:
By: /S/ X.X. XXXXXXX /S/XXXXXXX X. XXXXX
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X.X. Xxxxxxx, Ed.D. Xxxxxxx X. Xxxxx
Chairman
Board of Directors