Exhibit 10.11
AMENDMENT TO EMPLOYMENT CONTRACT
This Amendment to Employment Contract, dated March 28, 1998, by and
between American Custom Components, Inc., a California corporation ("ACC"), and
Xxxxxxx X. Xxxxx ("Xxxxx").
WHEREAS, ACC and Orton executed an Employment Contract on October 20,
1997;
WHEREAS, in order to more accurately reflect the terms of the agreement
between the parties, ACC and Orton desire to amend the terms of the Employment
Contract as follows:
1. Article 4: Compensation of Employee, Paragraph 4.3 shall be
restated as follows:
"In addition to the compensation set forth herein and as
agreed to between Orton and the Board of Directors of ACC in July 1997,
ACC agrees to grant to ORTON, said grant to take place within thirty
(30) days of the commencement of his employment, an option to purchase
ONE HUNDRED THOUSAND SHARES (100,000) of ACC common stock at the price
of $.01 per share."
2. Article 4: Compensation to Employee, Paragraph 4.4 shall be
deleted in its entirety.
All other provisions of the Employment Contract shall remain in full
force and effect.
IN WITNESS WHEREOF, the parties hereto hereby execute this Amendment to
Employment Contract as of the date first above written:
American Custom Components, Inc.
a California corporation
By: /s/ Xxxxxx Xxxx Walk By: /s/ Xxxxxxx Xxxxx
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Xxxxxx Xxxx Walk, CEO Xxxxxxx Xxxxx
