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EMPLOYMENT AGREEMENT AMENDMENT

Employment Agreement Amendment

EMPLOYMENT AGREEMENT AMENDMENT | Document Parties: MEDCLEAN TECHNOLOGIES, INC. You are currently viewing:
This Employment Agreement Amendment involves

MEDCLEAN TECHNOLOGIES, INC.

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Title: EMPLOYMENT AGREEMENT AMENDMENT
Date: 5/5/2009
Industry: Waste Management Services     Sector: Services

EMPLOYMENT AGREEMENT AMENDMENT, Parties: medclean technologies  inc.
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Exhibit 10.03

EMPLOYMENT AGREEMENT AMENDMENT

 

     THIS EMPLOYMENT AGREEMENT AMENDMENT (the "Amendment") is made as of this 1st day of May, 2009 between MedClean Technologies, Inc. (formerly Aduromed Corporation, the “Company“) and Kevin Dunphy (the "Executive" or "Employee"), an individual residing at 2 Limekiln Court, Bethel CT 06801.

 

WITNESSETH THAT:

 

     WHEREAS, the Employee and the Company have entered into that certain Amended Employment Agreement, dated August 4, 2008 (the “Agreement”); and

 

     WHEREAS, the Company and the Employee now wish to make certain modifications to such Agreement;

 

     NOW, THEREFORE, in consideration of the premises and mutual covenants herein contained, the Company and the Employee hereby agree as follows:

 

1.   Section 4.

 

     Section 4   of the Agreement is hereby amended to read, in its entirety, as follows:

 

“(a) Base Salary. For the period from May 1, 2009 through August 4, 2009 the Employee shall not receive a cash base salary. For all other purposes of this Agreement “Base Salary” shall be deemed to mean an annual salary of $175,000.

 

     (b) Withholding. All compensation payable to the Employee hereunder shall be subject to withholding, as required by law.”

 

2.   Section 5.

 

     Section 5 of the Agreement is hereby amended to read, in its entirety, as follows:

 

“Benefits.

 

      (a) Generally. For the period from May 1, 2009 through August 4, 2009, the Executive shall not be eligible to participate in any employee benefit or welfar


 
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