EXHIBIT 10 (b)
AMMENDMENT TO EMPLOYMENT AGREEMENT
AGREEMENT made effective as of the ___ day of December, 2000, by and
between Legal Club of America Corporation with its principal offices at ▇▇▇▇ ▇.
▇▇▇▇▇▇▇▇ ▇▇▇▇., ▇▇▇▇. ▇, ▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇ (the "Company") and ▇▇▇▇▇
▇▇▇▇, an individual residing at ▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇
(the "Executive").
Effective January 1st 2001, the executive hereby agrees to amend the following
section of his employment agreement to be as follows:
Section (3) "Compensation" shall be changed so that effective 01/01/2001 the
annual salary of the executive will be reduced to reflect an annual pay scale of
$250,000.00. In addition, on a go forward basis the minimum annual increase will
be reduced from 20% to 10%.
Additionally, Section (5) "Benefits" shall be amended to included the following
sentence: "The executive will also be entitled to receive Long Term Disability
at the expense of the Company. "
IN WITNESS WHEREOF, the parties hereto have hereunder set their hands and seals
the day and year first above written.
LEGAL CLUB OF AMERICA CORPORATION
By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇
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Chief Financial Officer
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(Title)
Executive
/s/ ▇▇▇▇▇ ▇▇▇▇
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▇▇▇▇▇ ▇▇▇▇
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