EXHIBIT 10.5
ADDENDUM TO EMPLOYMENT AGREEMENT
The Employment Agreement dated December 1, 1993 between Ocurest
Laboratories and Xxxxx X. Xxxx is hereby amended to reflect the employee's new
position as of July 1, 1996 as Senior Vice President & Chief Administrative
Officer and Secretary.
Paragraph 5 of the Agreement is replaced in its entirety with
the following amendment:
5. DUTIES: During the Employment Period the Employee shall report
directly to the President & Chief Executive Officer and shall furnish all manner
of services in connection with his position as Senior Vice President & Chief
Administrative Officer as would be expected from a person holding a similar
position in a similar Company. The Employee shall devote his full time, energy
and skill to the service of the Company and the promotion of its interests, and
shall use his beat efforts in the performance of his services hereunder.
Dated: June 19, 1996 OCUREST LABORATORIES, INC.
By: /s/ XXXXXX X. XXXXXX, XX.
-------------------------
Xxxxxx X. Xxxxxx, Xx.
President
/s/ XXXXX X. XXXX
-----------------
Xxxxx X. Xxxx
