MTM TECHNOLOGIES, INC.
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AMENDMENT NO. 2 TO
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EMPLOYMENT AGREEMENT
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This AMENDMENT NO. 2 TO EMPLOYMENT AGREEMENT (this "Amendment") is made
this 21st day of December, 2004 by and between MTM Technologies, Inc., a New
York corporation (the "Company"), and Xxxxxx X. Xxxxxx (the "Executive").
WHEREAS, the parties hereto have previously entered into an employment
agreement (as amended, the "Agreement") to employ the Executive, dated May 21,
2004 and entered into an amendment to the Agreement ("Amendment No. 1"), dated
October 1, 2004; and
WHEREAS, the parties hereto wish to enter into this Amendment to change the
duties and status of the employment of the Executive as set forth in the
Agreement, to provide that title of the Executive will be Executive Vice
President and to set forth certain terms and conditions of such employment.
NOW, THEREFORE, in consideration of the mutual covenants and
representations contained herein, and for other good and valuable consideration
the receipt and adequacy of which is hereby acknowledged, the parties hereto
agree as follows:
Section 2 of the Agreement "Duties and Status" shall be replaced in its
entirety with the following:
"The Company hereby engages the Executive as an Executive Vice President on
the terms and conditions set forth in this Agreement. During the Employment
Period, the Executive shall report directly to the Chief Operating Officer of
the Company. The Executive's primary duties shall be determined from time to
time by the Chief Operating Officer of the Company. During the Employment
Period, the Executive shall devote substantially all of his business time and
his full skill and efforts to the business of the Company."
Except as amended by this Amendment, the Agreement remains in full force and
effect.
IN WITNESS WHEREOF, the parties hereto have executed this Amendment as of
December 21, 2004.
MTM TECHNOLOGIES, INC.
/s/ Xxxxxx X. Xxxxxx /s/ Xxxxxxx X. Xxxxxx
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Xxxxxx X. Xxxxxx Xxxxxxx X. Xxxxxx
Chief Executive Officer
