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EMPLOYMENT AGREEMENT AMENDMENT

Employee Retention Agreement

EMPLOYMENT AGREEMENT AMENDMENT | Document Parties: STEELCLOUD INC You are currently viewing:
This Employee Retention Agreement involves

STEELCLOUD INC

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Title: EMPLOYMENT AGREEMENT AMENDMENT
Date: 3/5/2009
Industry: Computer Hardware     Sector: Technology

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Exhibit 10.1

 

EMPLOYMENT AGREEMENT AMENDMENT

 

For valuable consideration, the receipt and sufficiency of which the parties acknowledge, this Employment Agreement Amendment  is entered into this 28th day of February 2009, by and between Kevin Murphy (hereinafter “Murphy”) and SteelCloud, Inc. (hereinafter “SteelCloud”).

 

Whereas , Murphy and SteelCloud entered into an Employment Agreement dated June 8, 2004 (hereinafter “Employment Agreement”), and

 

Whereas , Murphy and SteelCloud amended the Employment Agreement on October 26, 2007 and December 31, 2008 (hereinafter “Amendments”), and

 

Wherea s, Murphy and SteelCloud now wish to further amend the Employment Agreement,

 

Now, therefore, the parties agree as follows:

 

 

1.

Section 4(a) of the Employment Agreement is amended to reduce and replace “$215,000” with “$193,500.”

 

2.

Section 4 (d) should be amended to reduce monthly general business allowance from $1,000 to $5


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