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1ST AMENDMENT TO
EXECUTIVE EMPLOYMENT AGREEMENT
THIS AGREEMENT is made as of the 18th day of August, 1998, between XXXXX
XXXXXXX, a Washington resident ("Executive"), and MOSAIX, INC., a Washington
corporation ("Company").
The parties agree as follows:
1. AMENDMENT OF PRIOR AGREEMENT.
This Agreement amends that certain "Executive Employment Agreement"
dated as of October 14, 1996 between Executive and the Company. Except as
expressly provided herein, the terms and conditions of that agreement remain in
effect between the parties, and defined terms therein shall have the same
meaning when used in this Agreement.
2. SEVERANCE PAYMENTS.
Section 7 of the Executive Employment Agreement is hereby amended so
that, in the event Executive terminates his employment for Good Reason, or if
the Company terminates employment without cause following a Corporate
Transaction, the Company shall be obligated to pay to Executive his then regular
base salary for a period of eighteen months after the effective date of
termination of employment (as opposed to 6 months, as originally provided). This
amendment will not apply in the event of any termination unrelated to a
Corporate Transaction.
IN WITNESS WHEREOF, the parties have executed and entered into this
Agreement as of the date above first written.
EXECUTIVE: COMPANY:
MOSAIX, INC.,
a Washington Corporation
/s/ Xxxxx Xxxxxxx By: /s/ Wm. Xxxxxxxx Xxxxxx
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XXXXX XXXXXXX Wm. Xxxxxxxx Xxxxxx
Its: General Counsel & Assistant
Secretary