Exhibit 10.2(a)
EMPLOYMENT AGREEMENT for XXXXXXX X. XXXXXX
Amendment no. 1
THIS AGREEMENT, made as of ths 20th day of December, 2003, amends the
EXECUTIVE EMPLOYMENT AGREEMENT (the "Employment Agreement") between IHealth,
Inc., a Delaware corporation (the "Company"} and Xxxxxxx X. Xxxxxx (the
"Employee"), dated April 18, 2002:
WHEREAS, the Company and Employee wish to amend the Employment
Agreement to clarify the salaries to which the parties have agreed, and to
clarify other provisions of the Employment Agreement,
NOW, THEREFORE, in consideration of one dollar and the mutual
agreements herein made, the Company and the Employee agree as follows:
1. Amendment of Section 5. The first paragraph of Section 5 of the
Employment Agreement is hereby amended to read as follows:
5. Compensation and Benefits.
a. Salary. The Employee shall be entitled to a base
salary of $35,000 for the 12-month period April 15, 2002 through April
14, 2003; a base salary of $50,000 for the 12-moth period ended April
14, 2004; a base salary of $75,000 for the 12-month period ended April
14, 2004; a base salary of $100,000 for the 12-month period ended April
14, 2005; and a base salary of $150,000 for the 12-month period ended
April 14, 2006.
2. Deletion of Schedule 5(a). Schedule 5(a) formerly attached to the
Employment Agreement is hereby voided and deleted.
All other terms and provisions of the Employment Agreement remain
unchanged and in full force and effect.
WITNESS the parties' hands as of the day and year first above stated:
IHealth Inc.
by /s/ Xxxxx X. Xxxx
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Xxxxx X. Xxxx, President
/s/ X.X. Xxxxxx
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Xxxxxxx X. Xxxxxx, employee
