Amendment to Employment Agreement Between Catcher, Inc. and John Sutton (May 4, 2005)
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Summary
This letter amends the employment agreement between Catcher, Inc. and John Sutton. It confirms that the company will reimburse John Sutton for reasonable and necessary business expenses, provided they are submitted according to company policy. Additionally, the company will pay him a monthly car allowance of $600. The amendment is effective upon John Sutton's acceptance and signature.
EX-10.3 5 c38536_ex10-3.txt Exhibit 10.3 Catcher, Inc. As of May 4, 2005 John Sutton 1801 Warner Ranch Drive #1718 Round Rock TX 78664 Re: Employment Agreement Dear John: Reference is made to your Employment Agreement (the "Employment Agreement") with Catcher, Inc. (the "Company") dated April 21, 2005. We wish to memorialize an obligation the Company has undertaken with respect to your employment with the Company. By your countersignature of this letter, your Employment Agreement with the Company shall be deemed amended as set forth in this letter. The Company is obliged to reimburse you for your reasonable and necessary business expenses incurred in connection with your services under the Employment Agreement.; PROVIDED THAT, such expenses are made, verified and submitted to the Company for reimbursement in accordance with Company's expense reimbursement policies. The Company will pay you a car allowance in the amount of $600 per month. If the foregoing reflects your understanding, please sign in the space provided below and return this letter to the Company whereupon your Employment Agreement shall be deemed amended hereby. Sincerely, CATCHER, INC. /s/ Ira Tabankin ------------------------- By: Ira Tabankin ACCEPTED AND AGREED /s/ John Sutton - ------------------------- John Sutton