FIRST AMENDMENT TO EMPLOYMENT LETTER
EXHIBIT
10.2
FIRST AMENDMENT TO EMPLOYMENT LETTER
THIS FIRST AMENDMENT TO EMPLOYMENT LETTER (the “Amendment”) is made effective as of the
15th day of February, 2008, by and between ▇▇▇▇ Industries, Inc., a California
Corporation (“▇▇▇▇”), and ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ (the “Executive”).
W I T N E S S E T H :
WHEREAS, the Executive and ▇▇▇▇ entered into an employment letter effective as January 5, 2007
(the “Employment Letter”);
WHEREAS, ▇▇▇▇ and the Executive desire to modify the terms of the Executive’s employment under
the Employment Letter.
NOW THEREFORE, the parties hereby covenant and agree as follows:
| 1. | Effective Date. This Amendment shall become effective on the date hereof. | ||
| 2. | Position. The section of the Employment Letter titled “Position” is hereby amended and restated as follows: |
“Position: President and Chief Financial Officer”
| 3. | Base Annual Salary. The section of the Employment Letter titled “Base Annual Salary” is hereby amended and restated as follows: |
“Base Annual Salary: $275,000, subject to applicable withholdings. ▇▇▇▇ issues
paychecks bi-weekly.”
IN WITNESS WHEREOF, this Amendment to Employment Letter is executed as of the day and year
first written above.
Executive
| /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ | ||||
| ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ | ||||
| ▇▇▇▇ Industries, Inc. | ||||
By:
|
/s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ | |||
| Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Title: Chief Executive Officer |
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