Addendum to Stock Option Agreements between Diversified Corporate Resources, Inc. and J. Michael Moore

Summary

Diversified Corporate Resources, Inc. and J. Michael Moore have agreed to extend the expiration date of two existing stock options, originally set to expire on December 31, 2001, to December 31, 2006. All other terms of the original stock option agreements remain unchanged. This addendum is effective as of August 9, 2001.

EX-10.48 10 dex1048.txt AMEND TO STOCK OPTION-MOORE AUGUST 9 EXHIBIT 10.48 ADDENDUM TO STOCK OPTION AGREEMENTS This Addendum to Stock Option Agreement (the "Addendum") is made and entered into by and between Diversified Corporate Resources, Inc. a Texas corporation (the "Company"), and J. Michael Moore (the "Optionee"). WHEREAS, on December 27, 1996, the Company granted to Optionee two options (collectively referred to as the "Options") to purchase 46,500 and 31,000 shares of common stock of the Company, respectively; and WHEREAS, both of the Options are subject to a written agreement (collectively referred to as the "Prior Agreements") between the Company and the Optionee; and Whereas, the purpose of this Addendum is to amend both of the Prior Agreements as herein set forth. For good and valuable consideration requested, the parties hereto agree as follows: 1. The expiration date of the respective Options is hereby extended from December 31, 2001 until December 31, 2006. 2. Except as amended hereby, the Prior Agreements are not amended or revised and remain in full force and effect. IN WITNESS WHEREOF, the parties hereto have caused this Addendum to be executed the day of September, 2001, but effective as of the 9th day of ------ August, 2001. Diversified Corporate Resources, Inc. By: /s/ James E. Filarski --------------------------------- James E. Filarski, President /s/ J. Michael Moore --------------------------------- J. Michael Moore