SECOND AMENDMENT TO EMPLOYMENT AGREEEMENT
SECOND
AMENDMENT TO EMPLOYMENT AGREEEMENT
This
Second Amendment
dated as
of November 20, 2007, to the Employment Agreement (“Employment Agreement”)
between CareAdvantage, Inc. (“Company”) and Xxxxxx X. Xxxxxx (“Employee”), dated
as of October 25, 2000.
Whereas,
the
Employment Agreement presently provides Employee with an annual salary of
$285,000;
Whereas,
the
parties desire to increase such annual salary to $400,000;
Now,
Therefor,
in
consideration of the premises and other valuable consideration, the parties
agree as follows:
1.
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Effective
November 20, 2007, the first sentence of Section 3.1 is amended in
its
entirety as follows:
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As
of
November 20, 2007, the Company shall pay Employee compensation for his services
at an annual rate of $400,000.
2.
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In
all other respects, the Employment Agreement, as previously amended,
shall
remain in full force and effect.
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In
Witness Whereof,
the
parties have executed this Second Amendment as of the date set forth
above.
CareAdvantage,
Inc.
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Xxxxxx
X. Xxxxxx
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By:
/s/
Xxxxxx X. Xxxxxx
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/s/
Xxxxxx X. Xxxxxx
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