EXHIBIT 10.33
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MODIFICATION AGREEMENT
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This modification agreement is dated this day of August 1998. The
undersigned parties constituting Employer (or "SkyLynx"), and Employee (or
"Xxxxxx"), respectively agree as follows:
Whereas, the parties executed an employment agreement dated July 20, 1998;
and
Whereas, the parties desire to amend the said employment agreement by
extending the starting date, remuneration and legal relationship of the parties.
NOW, THEREFORE, the parties agree as follows:
Except as modified by this document, all provisions of the employment agreement
dated July 20, 1998 shall remain in full force and effect.
The commencement date of the employment relationship between the parties is
hereby extended to January 1, 1999.
Xxxxxx shall serve as an independent contractor consultant between this date and
December 31, 1998.
Xxxxxx shall be paid a prepaid expense fee on September 1, 1998 in the amount of
$4,000.00
Any travel, lodging, meal and entertainment expenses will require company
approval and shall be due either in advance or immediately on being billed to
SkyLynx.
The sum of $36,000.00 will be due and payable on January 2, 1999 representing
four (4) months consulting fees. In the event Xxxxxx is unable or unwilling
to provide these services for the time specified, said fees shall be prorated
to the date of such inability or unwillingness to continue.
In witness whereof the parties have hereunto set their hands and seals this
day of August 1998.
SkyLynx Communications, Inc. Xxxxxx Xxxxxx
By:
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Xxxx X. Xxxxx Employee
As President for
Employer
