July 1, 2002 EXHIBIT 10.1
Xx. Xxxxxx Xxxxx Xxxxx
[OMEGA Chestnuts
WORLDWIDE 0 Xxxxxxxx Xxxxx
INC. Cobham
LOGO] Surrey KT11 2BE
Dear Xxx:
You and Omega Worldwide Inc. entered into an
employment agreement dated May 1, 2002. Paragraph
2(b) of that agreement provides that you will be
eligible for an "initial bonus" for the period
January 1, 2002 through June 30, 2002. This letter
confirms our prior agreement that this period will be
extended, so that it covers the period January 1,
2002 through July 31, 2002. To reflect this
revision, the employment agreement is amended by
replacing the phrase "June 30, 2002" with the phrase
"July 31, 2002" where the former phrase appears in
paragraph 2(b) and paragraph 2(b)(i) of the
employment agreement. If the foregoing reflects your
understanding of our agreement, please sign one copy
of this letter and return it to me.
Very truly yours,
Omega Worldwide, Inc.
By: /s/ Xxxxx Xxxx
------------------
Its Chairman
The foregoing letter reflects
my understanding of my agreement
with the Company:
/s/ Xxxxxx Xxxxx Xxxxx
----------------------
Xxxxxx Xxxxx Xxxxx
000 Xxxxxxx Xxx Date: 10th June, 2002
Suite 345 ----------
Ann Arbor, MI 48108
Phone: 000-000-0000
Fax: 000-000-0000
