Amendment No. 1 to Employment Agreement between Bluehill ID AG and John Rogers
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Summary
This amendment updates the employment agreement between Bluehill ID AG and John Rogers, effective April 1, 2010. The main change is an increase in Mr. Rogers' base salary to CHF 175,000 per year. All other terms of the original employment agreement remain unchanged. The amendment is signed by both parties and takes effect as specified.
EX-10.39 4 dex1039.htm AMENDMENT NO. 1 TO THE EMPLOYMENT AGREEMENT - BLUEHILL ID AG AND JOHN ROGERS Amendment No. 1 to the Employment Agreement - Bluehill ID AG and John Rogers
Exhibit 10.39
Amendment No. 1 to the
Employment Agreement
between
Bluehill ID AG
and
Mr. John Rogers
The Parties hereto have agreed to amend the Employment Agreement as follows:
| 1. | As of 1 April 2010 the Base Salary as defined in Article 3.1 of the Employment Agreement shall amount to CHF 175’000 per annum. |
| 2. | All other terms and conditions of the Employment Agreement shall remain in full force and effect. |
| Jongny, 16 March 2010 | St. Gallen, 16 March 2010 | |||||
| Bluehill ID AG | ||||||
| /s/ John Rogers | /s / Ayman S. Ashour | |||||
| John Rogers | By: | Ayman S. Ashour | ||||
| Title: | President of the Board of Directors | |||||
