| 1. |
Capitalized tenns in this Addendum shall bear the meaning ascribed to
such terms in the Employment Agreement m1less the context otherwise rnquires.
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| 2. |
The Parties agree that effective as of the Effective Date, Section 4(a) to the Employment Agreement shall be revised
in such manner that the Employee's gross annual Base Salary shall increase to US $264,000 (i.e., US $22,000 per month).
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| 3. |
Effective as of the Effective Date, all benefits due to the Employee pursuant to
the provisions of the Employment Agreement or by law, shall be provided on the new Base Salary as amended herein.
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| 4. |
Except as explicitly amended by this Addendum, the provisions
of the Employment Agreement will continue in full force.
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