Addendum to the Employment Agreement between CS Financing Corporation and Timothy Redpath dated: January 16, 2008
Addendum
to
the
between
CS
Financing Corporation
and
Xxxxxxx
Xxxxxxx
dated:
January 16, 2008
The
Company and Executive agree that commencing with any payments of compensation
hereunder that become due in calendar year 2009 after March 1, 2009, Executive
hereby waives any and all of his rights to such compensation, and such
compensation shall not be paid by the Company, except that Executive shall be
entitled to receive One United States Dollar ($1.00) from the Company during the
remainder of calendar year 2009. In addition, Executive hereby waives
any and all of his rights to any compensation for calendar year 2009 that was
deferred, and such deferred compensation shall not be paid by the
Company.
The
parties have duly executed this Addendum on March 28, 2009.
CS
Financing Corporation
By:
__/s/ Xxxxxxx
Bozora______
Xxxxxxx Xxxxxx,
President
Xxxxxxx
Xxxxxxx
___/s/ Xxxxxxx
Redpath________
