Addendum #5 to the EMPLOYMENT AND SEPARATION AGREEMENT
Exhibit 10.1.5
This employment agreement addendum #5 (“Agreement”) by and between INPLAY TECHNOLOGIES, INC.,
formerly known as Duraswitch Industries, Inc., a Nevada corporation, (“InPlay”), and Xxxxxx X.
Xxxxxx (“Employee”), shall be effective as of July 31, 2005.
Xx. Xxxxxx’x current employment agreement expires on July 31, 2005. Xx. Xxxxxx and InPlay hereby
extend the term of employment of the current employment agreement for a period of one month to
provide additional time for the Compensation Committee to complete work on a new employment
agreement with Xx. Xxxxxx.
Accordingly, Xx. Xxxxxx’x Term of Employment (Section 2.1) is hereby extended to August 31, 2005.
/s/ Xxxxxx X. Xxxxxx | ||||||
INPLAY TECHNOLOGIES, INC., a Nevada corporation | ||||||
By: | /s/ Xxxxx Xxxxxx | |||||
Chairman of the Board |