EXHIBIT 10.22C
AMENDMENT TWO
TO EMPLOYMENT AGREEMENT
This Amendment Two to that certain Employment Agreement between
Infocrossing, Inc., a Delaware corporation (the "Company"), and Xxxxxx Xxxxxxx
(the "Executive") is effective as of May 9, 2007 (the "Amendment Two Effective
Date"). Except as otherwise indicated herein, capitalized terms in this
Amendment Two shall have the same meaning as ascribed to such terms in the
Agreement.
RECITAL
Whereas, the Company and the Executive desire to modify the amount of
the Normal Retirement Benefit as defined in the Agreement.
NOW THEREFORE, in consideration of the mutual promises contained herein
and other good and valuable consideration, the receipt and sufficiency of which
is hereby acknowledged, the parties agree as follows:
I. The Normal Retirement Benefit as defined in Section 7(e)(i) of the
Agreement shall be increased from semi-monthly payments of five
thousand dollars ($5,000) to seven thousand eighty three dollars and
thirty three cents ($7,083.33).
Except as amended herein, all terms, covenants, and conditions of the
Agreement shall remain in full force and effect. In the event of a conflict
between the terms of the Agreement without giving effect to this Amendment Two
and this Amendment Two, this Amendment Two will control. This Amendment Two may
be executed in one or more counterparts, each of which will be deemed an
original but all of which taken together will constitute one and the same
instrument.
IN WITNESS WHEREOF the parties have executed this Amendment Two as of
the Amendment Two Effective Date.
Infocrossing, Inc. Xxxxxx Xxxxxxx
By: /s/ XXXX XXXXXXXX /s/ XXXXXX X. XXXXXXX
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Xxxx Xxxxxxxx
Chief Executive Officer
