Amendment No. 1 to Employment Agreement between Category 5 Technologies, Inc. and Mitchell Edwards

Summary

This amendment, dated October 31, 2001, is between Category 5 Technologies, Inc. and Mitchell Edwards. It corrects a typographical error in their original employment agreement by extending the term end date from December 31, 2003, to December 31, 2004. All other terms of the original agreement remain unchanged. The amendment is effective upon signing by both parties.

EX-10.6 6 dex106.txt AMENDMENT #1 OF EDWARDS EMPLOYMENT AGREEMENT AMENDMENT NO. 1 TO EMPLOYMENT AGREEMENT THIS AMENDMENT NO. 1 TO EMPLOYMENT AGREEMENT (the "Amendment") is made as --------- of October 31, 2001, by and among CATEGORY 5 TECHNOLOGIES, INC., a Nevada corporation (the "Company"), and MITCHELL EDWARDS, an individual ("Executive"). ------- --------- RECITALS: WHEREAS, on June 1, 2000, Company and Executive entered into that certain Employment Agreement, a copy of which is attached hereto as Annex I (the "Employment Agreement"); and WHEREAS, Company and Executive desire to amend the Employment Agreement as provided in this Amendment to correct a typographical error in Section 2 of the Employment Agreement. NOW, THEREFORE, for good and valuable consideration, the receipt of which is hereby acknowledged, Company and Executive agree as follows: 1. Term. All References to December 31, 2003, in Section 2 shall be ---- deleted and replaced with December 31, 2004. 2. No Other Amendment. Except as expressly amended pursuant to this ------------------ Amendment, the terms of the Employment Agreement shall remain in full force and effect. 3. Counterparts. This Amendment may be executed in one or more ------------ counterparts, each of which shall be deemed an original and all of which together shall constitute one and the same document. IN WITNESS WHEREOF, the Company and Executive have executed and delivered this Amendment as of the day and year first above written. CATEGORY 5 TECHNOLOGIES, INC. a Nevada corporation /s/ William C. Gibbs ------------------------------------------ Name: William C. Gibbs Title: Chief Executive Officer MITCHELL EDWARDS an individual /s/ Mitchell Edwards ------------------------------------------ Mitchell Edwards