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AMENDED KEN CLEVELAND EMPLOYMENT AGREEMENT

Employee Retention Agreement

AMENDED KEN CLEVELAND EMPLOYMENT AGREEMENT | Document Parties: NEW CENTURY ENERGY CORP. You are currently viewing:
This Employee Retention Agreement involves

NEW CENTURY ENERGY CORP.

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Title: AMENDED KEN CLEVELAND EMPLOYMENT AGREEMENT
Date: 4/27/2009
Industry: Oil and Gas Operations     Sector: Energy

AMENDED KEN CLEVELAND EMPLOYMENT AGREEMENT, Parties: new century energy corp.
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Exhibit 10.90

AMENDED KEN CLEVELAND EMPLOYMENT AGREEMENT

 

 

 

THIS AMENDED KEN CLEVELAND EMPLOYMENT AGREEMENT (this “Amended Agreement”) is made and entered into effective as of the 1 st day of February 2009, by and between New Century Energy Corp., a Colorado corporation, with its principal place of business at 1770 St. James Place, Suite 380, Houston, Texas 77056, (the “Company”) and Ken Cleveland, who resides at 5803 Hickory Springs Dr. Kingwood, Texas 77345 (the “Employee”)

 

WHEREAS, the Company and Employee executed the Ken Cleveland Employment Agreement (“Original Agreement”) effective as of the 24 th day of September 2008 for a term of six (6) months commencing as of August 1, 2008;

 

WHEREAS, under Article 3, paragraph 3.01 Base Salary .  in the Original Agreement it provides for the Employee to be paid a monthly salary paid twice monthly in accordance with the Company’s standard payroll procedures.

 

WHEREAS, the Company and Employee now desire to amend and replace certain terms and conditions of the Original Agreement  with the terms and conditions of this Amended Agreement, and


 
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