Attached files
file | filename |
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10-Q - FORM 10-Q - XENONICS HOLDINGS, INC. | c12127e10vq.htm |
EX-31.2 - EXHIBIT 31.2 - XENONICS HOLDINGS, INC. | c12127exv31w2.htm |
EX-10.2 - EXHIBIT 10.2 - XENONICS HOLDINGS, INC. | c12127exv10w2.htm |
EX-31.1 - EXHIBIT 31.1 - XENONICS HOLDINGS, INC. | c12127exv31w1.htm |
EX-32.1 - EXHIBIT 32.1 - XENONICS HOLDINGS, INC. | c12127exv32w1.htm |
EX-32.2 - EXHIBIT 32.2 - XENONICS HOLDINGS, INC. | c12127exv32w2.htm |
Exhibit 10.1
AMENDMENT TO EMPLOYMENT AGREEMENT
1. Xenonics Holdings, Inc. (the Company) and Alan Magerman (Magerman) hereby agree
that this Amendment amends Section 1 of the Employment Agreement dated as of January 1, 2003,
between the Company and Magerman (the Employment Agreement).
2. Section 1 of the Employment Agreement is hereby amended to read in full as follows:
1. Term of Employment
Subject to the provisions of Section 10 below, the Company shall employ the Executive, and the
Executive shall serve the Company in the capacity of Chief Executive Officer for a term commencing
as of January 1, 2003 and ending that date which is 30 days after either party provides the other
party with written notice of termination, except that, in the event that the Company terminates
Magerman without cause, the term shall end on that date which is 36 months after the date the
Company provides Magerman with written notice of termination (the Term of Employment).
3. Except for the foregoing, the Employment Agreement shall remain unchanged and in full force
and effect.
Dated: December 16, 2010 | XENONICS HOLDINGS, INC. |
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By: | /s/ Alan Magerman |