Common use of 2Amendments Clause in Contracts

2Amendments. (a) Paragraph 4 of the Employment Agreement shall be amended by deleting Paragraph 4 in its entirety and replacing it with the following: “Employee’s employment hereunder commenced on August 25, 2011 and shall end on August 25, 2014 (the “Initial Term”). Thereafter, the Employee’s employment hereunder automatically shall be extended for one additional twelve-month period (the “Subsequent Term”), commencing August 26, 2014 and ending August 25, 2015. For all compensation and benefit purposes, other than those specifically addressed herein, the Employee shall be deemed to have been continually employed with the Employer from July 6, 2004.” (b) Paragraph 5(iv), Sales Bonus, of the Employment Agreement shall be amended by deleting Paragraph 5(iv) in its entirety and replacing it with the following:

Appears in 1 contract

Sources: Employment Agreement (Hipcricket, Inc.)

2Amendments. (a) Paragraph Section 4 of the Employment Agreement shall be amended by deleting Paragraph Section 4 in its entirety and replacing it with the following: “Employee’s employment hereunder commenced on August 25October 7, 2011 and shall end on August 25October 7, 2014 (the “Initial Term”). Thereafter, the Employee’s employment hereunder automatically shall be extended for one additional twelve-month period (the “Subsequent Term”), commencing August 26October 8, 2014 and ending August 25October 7, 2015. For all compensation and benefit purposes, other than those specifically addressed herein, the Employee shall be deemed to have been continually employed with the Employer from July 6May 21, 20042007.” (b) Paragraph 5(iv), Sales Bonus, Section 5(i) of the Employment Agreement shall be amended by deleting Paragraph 5(ivSection 5(i) in its entirety and replacing it with the following:

Appears in 1 contract

Sources: Employment Agreement (Hipcricket, Inc.)