AMENDMENT NUMBER 1 TO EMPLOYMENT AGREEMENT DATED OCTOBER 12, 2010 BETWEEN CORNERWORLD CORPORATION AND SCOTT N. BECK
Exhibit 10.67
AMENDMENT NUMBER 1 TO EMPLOYMENT AGREEMENT DATED OCTOBER 12, 2010
BETWEEN CORNERWORLD CORPORATION AND XXXXX X. XXXX
WITNESSETH:
WHEREAS, on October 12, 2010, CornerWorld Corporation and its Chief Financial Officer, V. Xxxxx XxXxxx III (collectively the “Parties”) entered into an employment agreement retroactively effective to August 1, 2010 (the “Agreement”);
NOW, THEREFORE, in consideration of the premises and the agreements hereinafter contained, and for other good and valuable consideration, notwithstanding any provisions of the Agreement to the contrary, the Parties hereto hereby agree to the following:
Pursuant to Item 1, the initial term of this Agreement shall commence on the Effective Date of this Agreement and continue for four (4) years (the "Initial Term").
Unless otherwise noted, all capitalized terms have the identical meaning as defined in the Agreement.
By: /s/ V. Xxxxx XxXxxx III
V. Xxxxx XxXxxx, III
An individual
CORNERWORLD CORPORATION
By: /s/ Xxxxx X. Xxxx
Xxxxx X. Xxxx
Chief Executive Officer