Exhibit 99.1 AMENDMENT TO EMPLOYMENT AGREEMENT This Amendment to Employment Agreement (this "AMENDMENT"), dated as of April 2, 2003, is made and entered into among eResource Capital Group, Inc., a Delaware Corporation ("COMPANY") and Michael D....

 Exhibit 99.1

                        AMENDMENT TO EMPLOYMENT AGREEMENT

         This Amendment to Employment Agreement (this "AMENDMENT"), dated as of
April 2, 2003, is made and entered into among eResource Capital Group, Inc., a
Delaware Corporation ("COMPANY") and Xxxxxxx X. Xxxxxx, an individual resident
of the State of North Carolina ("EXECUTIVE").

                              W I T N E S S E T H:

         WHEREAS, Company and Executive entered into that certain Employment
Agreement (the "AGREEMENT") dated as of November 7, 2002;

         WHEREAS, the Agreement provided for the extension of a Line of Credit
from the Company to the Executive in order to pay taxes resulting from stock
ownership in the Company (the "LOC");

         WHEREAS, the LOC has never been borrowed against by Executive; and

         WHEREAS, COMPANY AND EXECUTIVE HAVE AGREED TO AMEND THE AGREEMENT IN
ORDER TO DELETE THE PROVISION REGARDING THE LOC.

         NOW, THEREFORE, in consideration of the agreement contained herein and
other good and valuable consideration, the receipt and sufficiency of which are
hereby acknowledged, Company and Executive, intending to be legally bound,
hereby agree as follows.

1.       DELETION OF SECTION 1.8. Section 1.8 of the Agreement entitled "Line
of Credit" shall be deleted in its entirety.

2.       GENERAL. The Agreement and this Amendment constitute the entire
understanding and agreement between Executive and Company with respect to the
subject matter hereof and supersede all prior understandings and agreements
between any of the parties with respect thereto, whether oral or written,
express or implied. Except as amended herein, the Agreement shall remain
unchanged and in full force and effect and the Company and Executive hereby
ratify, approve and confirm same in all respects. This Amendment shall be
governed by and construed in accordance with the laws of the State of Delaware
without regard to the conflict of laws provisions thereof.

         IN WITNESS WHEREOF, the parties have duly executed this Amendment as of
the date set forth above.

COMPANY:                                             EXECUTIVE:

eRESOURCE CAPITAL GROUP, INC.

By:_______________________________________           ___________________________
   Xxxxxxx Xxxxxx Xxxxxx                             XXXXXXX X. XXXXXX
   Its: Executive Vice President