HQHEALTHQUEST MEDICAL & WELLNESS CENTERS, LTD. AMENDMENT TO STEPHEN H. M. SWIFT EMPLOYMENT AGREEMENT
EXHIBIT
10.4
HQHEALTHQUEST
MEDICAL &
WELLNESS CENTERS, LTD.
AMENDMENT
TO
XXXXXXX X. X. XXXXX
EMPLOYMENT AGREEMENT
THIS
AMENDMENT TO XXXXXXX X. X. XXXXX EMPLOYMENT AGREEMENT (this "Amendment")
is entered to be effective as of the 30th day of June, 2007, (the "Effective
Date") unless otherwise noted, by and between 11(2HEALIIIQUESI
MEDICAL & WELLNESS CENTERS, LTD. , an Oklahoma corporation (the
"Company"), and Xxxxxxx X. X. Xxxxx (the "Employee")
Forvaluable
consideration, the Company and the Einployet agree to amend the
Employment Agreement entered to be effective on January 1, 2005; (the
"Agreement") as follows:
A.
|
Section 3(B)(i) of
the Agreement, under the caption: Compensation
fox Employment/Base
Salary, is amended to insert the phrase: "$180,000 until the Board
determines
otherwise" in place of
the number "$250,000"; provided, that this amendment
shall be effective retroactive to January 1, 2005;
and
|
B.
|
Section
18 of the Agreement, under the caption: Entire
Agreement, is deleted and replaced
with the following
provision:
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"18.
|
Entire Agreement
This Amendment and the Agreement contain the entire agreement between the
parties relating to the subject matter hereof and sb3,11 supersede all
previous agreements between the parties, whether written °rola], with
respect to the subject matter hereof This Agreement, as amended, may not
be modified, altered, or amended except by a writing signed by each of the
parties hereto "
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C.
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The Agreement remains otherwise =amended hereby |
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IN
WITNESS WHEREOF, the Company and the Employee have executed this
Amendment as of the Effective
Date
HQHealthQuest Medical & | EMPLOYEE: | ||||
Wellness Centers, Ltd., | |||||
By: |
/s/
Xxxxxx
Rite
|
/s/
Xxxxxxx X. X. Xxxxx
|
|||
Xxxxxx
Rite
|
Xxxxxxx X. X. Xxxxx | ||||
Vice-President
|
0000 Xxx Xxxx Xxxxx | ||||
Xxxxx, XX 00000 | |||||
00 X. 0xx Xxxxxx, Xxxxx 0000 | |||||
Xxxxx, XX 00000 |
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