Exhibit 10.6
June 30, 1998
Xxx X. Xxxxx, President and Chief Executive Officer
Network-1 Security Solutions, Inc.
000 Xxxxx Xxxxxx - 0xx Xxxxx
Xxx Xxxx, Xxx Xxxx 00000
Dear Avi:
This letter shall confirm that each of the undersigned agree that the
provision in paragraph 3 of our respective employment agreements, dated April 4,
1994, and as amended on February 16, 1996, with Network-1, providing for a 10%
increase in salary was waived by us at the time we were eligible for such 10%
increases due to the financial circumstances of Network-1 and we will make no
claim for such 10% increase at any time in the future.
Very truly yours,
/s/ Xxxxxx Xxxxx
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Xxxxxx Xxxxx
/s/ Xxxxxxx Xxxxxxx
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Xxxxxxx Xxxxxxx
N/A
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Xxxxxxx Xxxxxxxx
AGREED AND ACCEPTED:
Network-1 Security Solutions, Inc.
By /s/ Xxx X. Xxxxx
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Xxx X. Xxxxx, President and
and Chief Executive Officer
