EXHIBIT 10K
AMENDMENT TO EMPLOYMENT AGREEMENT
AMENDMENT as of May 7, 2004 to the AGREEMENT ("Agreement") dated as of
December 6, 2000 by and between AutoInfo, Inc., a Delaware corporation ("Auto")
and Xxxxx X. Xxxxxxx, an individual residing at 00000 Xx Xxxxxxx Xxxxx, Xxx Xxx,
Xxxxxxx 00000 ("Xxxxxxx")
The following modifications to the Agreement are hereby effective January
1, 2004:
Pursuant to paragraph 4 - Compensation - Salary shall be increased to
$205,000 per year.
Pursuant to paragraph 5 - Bonus - the Bonus shall be based on the
Operating Profit up to $1,250,000.
All other terms and provisions of the Agreement shall remain in full force
and effect.
IN WITNESS WHEREOF, the parties hereto have caused this AMENDMENT to be
duly executed and delivered as of the day and year first above written.
AUTOINFO, INC.
By: /s/ Xxxxxxx X. Xxxxxxxxxx
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Xxxxxxx X. Xxxxxxxxxx
Title: Chief Financial Officer
/s/ Xxxxx Xxxxxxx
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Xxxxx X. Xxxxxxx
