CONTRACT
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This agreement dated this 5th day of January shall amend the previous
agreement dated October 21, 1999 by and between Regenesis holdings, Inc. (the
"Company") and Xxxxxxx Xxxxxxxxx as follows:
WHEREAS, Employee has been working for the Company; and
WHEREAS, the Company desires to increase employee's stock issuance; and
NOW THEREFORE, in consideration of the foregoing, of the mutual promises
herein set forth, and of other good and valuable consideration the receipt
and sufficiency of which are hereby acknowledged, the parties hereto,
intending to be legally bound hereby agree as follows:
1. The contact entered into on October 21, 1999 is hereby amended to
include an additional stock issuance of 50,000 shares of the Company's
common stock.
2. Miscellaneous
a. This amendment and the Agreement dated October 21, 1999 shall
constitute the only agreement between the Corporation
and Employee relating to the subject matter of Sections 1
hereof, and no representations, promises, understandings, or
agreements, oral or otherwise, not herein contained shall be of
any force or effect.
b. No modification or waiver of any provision of this Agreement
shall be valid unless it is in writing and signed by the party
against whom it is sought to be enforced. No waiver at any time
of any provision of this Agreement shall be deemed a waiver of
any other provision of this Agreement at that time or a waiver
of that or any other provision at any other time.
c. The captions and headings contained herein are solely for
convenience and reference and do not constitute a part of this
Agreement or affect in any way the meaning or interpretation of
this Agreement.
d. To the extent possible, each provision of this Agreement shall
be interpreted in a manner as to be valid, legal and
enforceable. Any term or provision of this Agreement, which is
invalid or unenforceable in any jurisdiction shall, as to such
jurisdiction, be ineffective solely to the extent of such
provision, which is invalid or unenforceable within rendering
invalid or unenforceable the remaining terms and conditions
hereof.
IN WITNESS WHEREOF, the Corporation has caused this Agreement to be
executed by its duly authorized officers and its corporate seal to be affixed
hereto, and Consultant has executed this Agreement, all effective as of the day
and year first above written.
REGENESIS HOLDINGS, INC.
By: /s/ Xxxxxxx Xxxxx
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Xxxxxxx Xxxxx
Chairman
Employee
By: /s/ Xxxxxxx Xxxxxxxxx
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Xxxxxxx Xxxxxxxxx
