Exhibit 10.4
AMENDMENT TO EMPLOYMENT AGREEMENT
The employment agreement dated December 31, 2001 by and between Energy
Professional Marketing Group, Inc. a Utah Corporation ("Employer") and Xxxxx
Xxxxxxxx Xxxx ("Executive") is hereby amended as follows:
1. Executive shall receive, for all services rendered, a salary of $250,000
per year, payable twice a month. Salary payments shall be subject to withholding
and other applicable deductions. This salary change is effective on July 15,
2002.
2. During the period of employment, Executive shall not engage in any other
business activity, directly or indirectly, regardless off whether it is for
profit, gain or otherwise that is similar to the business activity of Employer
(unless authorized by the board of directors). This approval was given on
September 16, 2002 with regards to a contract signed by EPMG and ESI (a company
owned by Ethan Xxxxxx Xxxxxx and Xxxxx Xxxxxxxx Xxxx).
3. Executive shall receive quarterly bonuses as additional Compensation
which will be decided by the Companies Management Team.
INTENDING TO BE LEGALLY BOUND, the parties have executed this Amendment to
the Employment Agreement to be effective as of July 15, 2002.
By: /s/ D. Xxxxx Xxxxxxx Date: 10-22-02
Xxxxxxx Xxxxx Xxxxxxx, Director
Energy Professional Marketing Group, Inc.
By: /s/ Xxxxx X. Xxxx Date: 10-31-02
Xxxxx Xxxxxxxx Xxxx
/s/ Xxxxx X. Xxxxxx 10-31-02
Xxxxx X. Xxxxxx CEO PMG
