AMENDMENT NUMBER ONE TO THE SUSAN KAIN EMPLOYMENT AGREEMENT
AMENDMENT
NUMBER ONE
TO
THE
XXXXX XXXX EMPLOYMENT AGREEMENT
This
amendment number one (“Amendment
1”),
effective as of July 16, 2008 (the “Amendment
1 Effective
Date”),
amends the Employment Agreement dated December 18, 2007 between Zoo Games,
Inc.
(f/k/a “Destination Software, Inc.”) (“Zoo”)
and
Xxxxx Xxxx Xxxxxxxxx (“Kain”),
in
full force and effect as of the date hereof (the “Employment
Agreement”).
This
Amendment 1, when fully executed, shall constitute the further understanding
between the parties with respect to the Employment Agreement, as
follows:
Sections
3 B (i) and (ii) of the Employment Agreement are hereby deleted. In Sections
3 B
(iii) and (iv) of the Employment Agreement, “$750,000” is hereby deleted and
replaced with “$500,000”.
Section
3
B is further amended to include the following: “Employee shall be eligible to
receive additional bonuses as determined by the Board of Directors of
GSIS.”
Except
as
expressly or by necessary implication modified or amended by this Amendment
1,
the terms of the Employment Agreement are hereby ratified and confirmed without
limitation or exception. Capitalized terms used in this Amendment 1 and not
otherwise defined shall have the same meaning ascribed to them as set forth
in
the Employment Agreement.
The
parties hereto have executed this Amendment 1, which shall be effective as
of
the Amendment 1 Effective Date.
| Zoo Games, Inc. |
Xxxxx
Xxxx Xxxxxxxxx
|
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By:
|
/s/
Xxxxx Xxxx-Xxxxxxxxx
|
/s/
Xxxxx Xxxx-Xxxxxxxxx
|
||
|
Xxxxx
Xxxx-Xxxxxxxxx
|
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Title:
|
President
|
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