Exhibit 10.3
AMENDMENT TO EMPLOYMENT AGREEMENT
This Amendment to Employment Agreement, dated as of March 22, 1999, between
Xxxxx X. Xxxx ("Employee") and CustomTracks Corporation (formerly Amtech
Corporation), a Texas corporation (the "Company") hereby amends that certain
Employment Agreement, effective as of April 29, 1998 (the "Employment
Agreement"),") between Employee and the Company.
WHEREAS, Employee and Petabyte Corporation, a Delaware corporation, entered
into that certain Amendment to Assignment (herein so called), dated as of March
22, 1999, which, inter alia, deletes Section 5 of that certain Assignment, made
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and effective as of March 14, 1998;
WHEREAS, in light of the foregoing, the parties desire to amend the
Employment Agreement as provided herein;
In consideration of the premises and the mutual covenants contained herein
and in the Patent Purchase Agreement and the Amendment to Assignment, the
parties agree as follows:
1. Section 6 of the Employment Agreement is amended by adding the following
two sentences to the end thereof: "The parties agree that the ownership of
intellectual property that is created, conceived, developed, and the like
by Employee during the term of Employee's employment with the Company will
be governed by applicable law. Employee will render to the Company such
assistance as may be reasonably necessary to evidence and protect the
ownership of its intellectual property. If such assistance is required
after Employee's separation from employment with the Company, reasonable
compensation will be paid to Employee for such assistance.
2. Other than as set forth herein, the Employment Agreement remains in full
force and effect as written.
EXECUTED, on the dates set forth below, to be effective as of the date
first set forth above.
CUSTOMTRACKS CORPORATION
/s/Xxxxxx X. Woesser
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Date: July 23, 1999
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/s/Xxxxx X. Xxxx
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Xxxxx X. Xxxx
Date: July 23, 1999
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