Common use of Amendment No. 2 Clause in Contracts

Amendment No. 2. Section 4.1, Base Compensation, of the Agreement is hereby amended to include the following additional sentence: The Base Compensation may be paid by the Company when it has sufficient cash resources as determined by the Board of Directors, taking into consideration the other cash obligations of the Company and its available working capital. Any unpaid Base Compensation shall be accrued by the Company.

Appears in 4 contracts

Samples: Amendment to Employment Agreement (Webstar Technology Group Inc.), Amendment to Employment Agreement (Webstar Technology Group Inc.), Employment Agreement (Webstar Technology Group Inc.)

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