EXHIBIT 10.32
[EVCI Letterhead]
▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇
c/o EVCI Career Colleges Holding Corp.
▇ ▇▇▇ ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇▇
▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇
March 31, 2005
Dear ▇▇. ▇▇▇▇▇▇▇▇▇▇:
This letter, when countersigned by you, amends your Employment Agreement
entered into as of January 1, 2003 with EVCI Career Colleges Holding Corp. (the
"Employment Agreement"). All defined terms in the Employment Agreement shall
have the same meanings herein. All references herein to a "section" means the
section of the Employment Agreement unless the context requires otherwise.
1. In lieu of the only sentence of Section 2, the following is hereby
inserted:
For his services pursuant to this Agreement, EVCI will pay Executive a
salary at the annual rate of $210,000 ("Salary").
2. Except as specifically amended above the Employment Agreement shall
remain in full force and effect.
Very truly yours,
EVCI CAREER COLLEGES HOLDING CORP.
By: /s/▇▇. ▇▇▇▇ ▇. ▇▇▇▇▇▇▇
----------------------
▇▇. ▇▇▇▇ ▇. ▇▇▇▇▇▇▇
CEO and President
Agreed:
/s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇
----------------------
▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇