Common use of Amendment of Paragraph Clause in Contracts

Amendment of Paragraph. 13 of the Employment Agreement. Paragraph 13 of the Employment Agreement is hereby amended as follows: (a) Subparagraph 13.a. The phrase "as measured by the preceding ----------------- year's bonus" in subparagraph 13.a. is hereby deleted in its entirety and the following new phrase is substituted therefore in Subparagraph 13.a.: "as measured by Employee's average percentage bonus over the past five years (or such lesser period of time during which Employee was eligible to receive a bonus)." (b) Subparagraph 13.b. The phrase in Subparagraph 13.b. "averaged ----------------- over the two (2) immediately preceding years" is hereby deleted and replaced with the phrase "as measured by Employee's average percentage bonus over the past five years (or such lesser period of time during which Employee was eligible to receive a bonus)." (c) Subparagraph 13.c. The word "will" in Subparagraph 13.c is hereby ----------------- deleted and replaced with the word "with," such that the end of Subparagraph 13.c reads "in proportion to shares owned together with all other shareholders."

Amendment of Paragraph. 13 of the Employment Agreement. Paragraph 13 of the Employment Agreement is hereby amended as follows: (a) Subparagraph 13.a. The phrase "as measured by the preceding ----------------- year's bonus" in subparagraph 13.a. is hereby deleted in its entirety and the following new phrase is substituted therefore in Subparagraph 13.a.: "as measured by Employee's average percentage bonus over the past five years (or such lesser period of time during which Employee was eligible to receive a bonus)." (b) Subparagraph 13.b. The phrase in Subparagraph 13.b. "13.b averaged over ----------------- over the two (2) immediately preceding years" is hereby herein deleted and replaced with the phrase "as measured by Employee's average percentage bonus over the past five years years" (or such lesser period of time during which Employee was eligible to receive a bonus)." (c) Subparagraph 13.c. The word "will" in Subparagraph 13.c is hereby ----------------- deleted and replaced with the word "with," such that the end of Subparagraph 13.c reads "in proportion to shares owned together with all other shareholders."