Re: Agreement and Non-Qualified Stock Option Agreement dated September 14, 2004 by and between enherent Corp. and Douglas MellingerNon-Qualified Stock Option Agreement • January 6th, 2006 • Enherent Corp • Services-computer programming services
This letter shall serve as written amendment to the Agreement and associated Non-Qualified Stock Option Agreement dated September 14, 2004 between you and enherent Corp. (the “Company”). You will continue under my direction to provide assistance to the Company related to the development of the Company’s corporate strategy, including but not limited to market position and acquisition strategy through the termination date of the Agreement (December 31, 2007). You will as of December 31, 2005, relinquish your non-employee Vice Chairman position. The Company will pay your monthly fee of $5,000 through June 30, 2006. No further payments will be due and owing or paid under the terms of the Agreement by the Company. In June 2006, the Company agrees to consider the issue of what if any compensation will be paid to you for services provided beyond June 30, 2006. The Company will keep in full force and effect the Non-Qualified Stock Option Agreement, provided that the shares thereunder that are
