AMENDMENT
to the Employment Agreement
entered into benveen
Xxxxxx Xxxxxx Slizer. Sr. and Advanced Garning Technology. Inc,
dated Me 15th day offebritary J 994
This serves to confirm that the Employment Agreement dated 16 February, 1994,
between Xxxxxx Xxxxxx Xxxxxx, Xx- and Advanced Gaming Technology, Inc., is
hereby amended as follows -and this amendment forms part of the Employment
Agreement.
1 . Address of the Employee is hereby amended to-, 20640 - 69A Avenue,
Langlay, B.C. V1 M 2N3
2. Clause 1 (Employment Duties), the title of the Employee Is changed from
Vice President of Operations to Executive Vice President effectIve as of
September 1, 1997.
3. Clause 2 (Term), the term of employment is hereby extended by one (1) year
to a total of six (6) years, expiring on the 14th day of February, 2000.
4- Clause 3 (Compensation, Base Salary), commencing September 1, 1997, base
salary is hereby increased from US $90.1300.00 to US $125,000.00 and, In
addition, shall be entitled to the following expenses:
(a) US S00.00 car allowance per month effective September 1, 1997 up
to August 31, 1998'. and US $600.00 per month effective September 1,
1998.
5. Clause 3.6 (Pooling), this clause is removed in its entirety.
6. Clause 5.0 (Non-Competition), the Employee shall be subjected to one (1)
year of non competition provisions provided for in Clause 5.0, i.e. the
first line of this Clause 6.0 shall now read:
"During the Term and for a period of one year thereafter
7. AGT will pay 100% of all medical/dental expenses fbr the Employee and his
family according to the terms and conditions set forth in the Company's
Group Benefit Plan, for the remaining Term of the Agreement.
N07VIlTH STAND ING anything to the contrary, it is hereby agreed that:
(i) the Employee shall be located in Greater Vancouver, BC Canada during the
term of his employment; and
(ii) should the Employee be dismissed Without cause, the Employee shall be
eititled to the (a) lessor ol one year's salary, or salary of the balance
of the remaining Term, an~ issued one million (1.000,000) common shares of
the Company. such shares will be subjeCt to any stock split or share
consolidation that may take place during the Term.
ALL OTHER TERMS AND CONDITIONS OF THE EMPLOYMENT AGREEMENT DATED
FEBRUARY IS, 1994 REMAIN UNCHANGED AND REMAIN IN FULL FORCE AND EFFECT.
DATED this 17th day of February, 1998.
ADVANCED GAMING TECHNOLOGY. INC
AMENDMENT
~'Aj the EmploymentAgreement
zt len wed into between
RobeH cutlis Sd ndAdvanced Gaming TechnologV, Inc.
datgd Me 15th day qfFebruary 1994.
This serves to confirm that the Employment Agreement dated 15 February, 1994
between Xxxxxx Xxxxxx Xxxxxx, Xx. and Advanced Gaming Technology. Inc., is
hereby amended as follows and this amendment forms part of the Employment
Agreement.
1. Address of the Employee is hereby amended to:
20640 - 89A Avenue
Xxxxxxx, X.X.
VIM 2N3
2. Clause i (Employment Duties), the title of the Employee is changed from
Vice President 6f Operations to Executive Vice President effective as of
September 1, 1997.
3. Clause 3 (CompensaVon, Base Salmy), commencing September 1, 1097, base
salary Is hereby Increased from US S90,000.00 to US W5,000.00 and in
addition shall be entitled to the following expenses:
(a) US $500.00 car allowance per month effective September 1, 1997 up to
August 31, 19981 and US $600.00 per month effective September 1, 1998.
4. Clause 3.6 (Pooling), this clause is removed in its entirety.
ALL OTHER TERMS AND CONDITIONS OF THE EMKOYMENT AGREEMENT DATED
FEBRUARY 15, 1994 REMAIN UNCHANGED AND REMAIN IN FULL FORCE AND EFFECT.
EMPLOYEE ADVANCED GAMING TECHNOLOGY, INC.
Xxxxxx Xxxxxx Xxxxxx, Xx. Auth2~~i&14wjzmt~
Witness
