AMENDMENT TO EMPLOYMENT AGREEMENT
This Amendment to Employment Agreement is made and entered by and between
▇▇▇▇ ▇▇▇▇▇▇▇▇ ("Employee") and Netter Digital Entertainment, Inc., a Delaware
corporation ("Employer"), as of the 11th day of September, 1998, with
reference to the following facts:
A. Employee is employed by Employer as its Executive Vice President and
Secretary pursuant to that certain Employment Agreement dated as of
September 15, 1995 as amended to date (the "Employment Agreement").
B. Employer and Employee mutually desire to modify the terms of the
Employment Agreement as further set forth herein.
NOW, THEREFORE, in consideration of the mutual promises of the
parties and the mutual benefits they will gain by their performances therof, all
in accordance with the provisions hereinafter set forth, it is agreed:
1. Amendment to Employment Agreement. The last sentence of Paragraph
3(a) of the Employment Agreement is hereby amended to read in full as
follows:
"However, the total amount of base salary and Executive Producer fees
paid to Employee shall be subject to an annual cap of Two Hundred Ten
Thousand Dollars ($210,000) ("Annual Cap")."
1. Effect of Amendment. Except as set forth in Paragraph 1 hereof, the
Employment Agreement shall continue in full force and effect, in
accordance with its terms in effect immediately prior to the effective date
of this Amendment.
The parties have duly executed this Agreement effective as of the day and year
set forth above.
EMPLOYER:
NETTER DIGITAL ENTERTAINMENT, INC.
By:/s/▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇
An Authorized Representative
EMPLOYEE:
J0HN ▇▇▇▇▇▇▇▇
By:/s/▇▇▇▇ ▇▇▇▇▇▇▇▇
▇▇▇▇ ▇▇▇▇▇▇▇▇
