SECOND AMENDMENT TO EMPLOYMENT AGREEMENT
SECOND
AMENDMENT TO EMPLOYMENT AGREEMENT
This
Second Amendment (the "Second Amendment") to that certain employment agreement
(the "Agreement") dated effective January 1, 2006 by and between Westside
Energy
Corporation (the "Company") and Xxxxxxx X. Manner (“Manner”) is made and entered
into as of the 4th
day of
April, 2007, but effective as of the 1st
day of
January,
2007
by and
between the Company and Manner. All capitalized, undefined terms used herein
shall have the respective meanings given to such terms in the
Agreement.
Recitals
WHEREAS,
the Agreement was entered into effective January 1, 2006; and
WHEREAS,
the Agreement was first amended effective March 31, 2006 by an instrument
entitled “FIRST AMENDMENT TO EMPLOYMENT AGREEMENT” (for purposes of the
remainder of this Second Amendment, the term “Agreement” shall mean the
Agreement as heretofore amended by said First Amendment); and
WHEREAS,
the
Company and Manner desire to amend the Agreement upon the terms, provisions
and
conditions set forth hereinafter;
Agreement
NOW,
THEREFORE, in consideration of the mutual covenants and agreements of the
Company and Manner to amend the Agreement, the Company and Manner agree as
follows:
1. Amendment
to the Agreement.
The
Agreement is hereby amended so that the annual
salary rate provided for thereunder is increased from $175,000 to
$275,000.
2. Miscellaneous.
Except
as otherwise expressly provided herein, the Agreement is not amended, modified
or affected by this Second Amendment. Except as expressly set forth herein,
all
of the terms, conditions, covenants, representations, warranties and all other
provisions of the Agreement are herein ratified and confirmed and shall remain
in full force and effect. On and after the date on which this Second Amendment
becomes effective, the terms, "Agreement," "hereof," "herein," "hereunder"
and
terms of like import, when used herein or in the Agreement shall, except where
the context otherwise requires, refer to the Agreement, as amended by this
Second Amendment. This Second Amendment may be executed into one or more
counterparts, and it shall not be necessary that the signatures of all parties
hereto be contained on any one counterpart hereof; each counterpart shall be
deemed an original, but all of which together shall constitute one and the
same
instrument.
[SIGNATURES
TO FOLLOW]
2
IN
WITNESS WHEREOF, this Second Amendment to the Agreement is adopted as of the
4th
day of
April, 2007, but effective as of the 1st
day of
January,
2007.
"COMPANY"
"MANNER"
WESTSIDE
ENERGY CORPORATION
By:_________________________________ ____________________________________
Xxxxxxx
X. Manner
Name:______________________________
Title:_______________________________
