AMENDMENT TO EMPLOYMENT AGREEMENT
This Amendment to Employment Agreement ("Amendment") is made and
dated as of December 29, 1995, by and between Intrenet, Inc., an
Indiana corporation ("Employer"), and Xxxxxxx X. Xxxxx ("Employee").
W I T N E S S E T H:
WHEREAS, Employee is currently employed by Employer under an
Employment Agreement dated as of December 31, 1992 (the "Prior
Agreement") as Employer's President and Chief Executive Officer;
WHEREAS, the parties now desire to amend the Prior Agreement on the
terms contained herein.
NOW, THEREFORE, in consideration of these premises and the mutual
covenants and undertakings herein contained, the parties agree as
follows:
1. Amendment. Section 3 of the Prior Agreement is amended to read
as follows:
"3. Term. The term of this Agreement (the "Term") shall
continue after December 31, 1995 on a month-to-month basis
until either party provides written notice to the other
that the Term shall expire at the end of the month
following the month in which the notice is sent. The
expiration of the Term of this Agreement shall not
constitute termination without cause as provided in Section
7b hereof."
2. Other Provisions. Except as expressly modified in this
Amendment, the other provisions of the Prior Agreement shall remain in
full force and effect.
IN WITNESS WHEREOF, the parties have caused this Amendment to be
executed and delivered as of the day and year first above set forth.
INTRENET, INC.
By /s/ Xxxxx X. Xxxxxxx
Xxxxx X. Xxxxxxx,
Chairman of the Board
"Employer"
/s/ Xxxxxxx X. Xxxxx
Xxxxxxx X. Xxxxx
"Employee"
EXHIBIT 10.51
dcworrel\intrenet\jab-emp.95;12/15/95
