AMENDMENT TO EMPLOYMENT AGREEMENT
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EX-10.60 10 dex1060.htm AMENDMENT, DATED 10-24-02 TO EMPLOYMENT AGREEMENT Amendment, dated 10-24-02 to Employment Agreement
Exhibit 10.60
AMENDMENT TO EMPLOYMENT AGREEMENT
Amendment dated as of October 24, 2002 (this Amendment) to the Employment Agreement dated February 4, 2002, by and between IDT Corporation (the Company) and E. Brian Finkelstein (the Executive) (the Agreement).
WITNESSETH
WHEREAS, the Company and the Executive desire to modify the terms and conditions of the Agreement on the terms set forth herein.
NOW, THEREFORE, for good and valuable consideration, the receipt of which is hereby acknowledged, the parties hereto agree as follows:
Section 1. Section 3 of the Agreement is replaced in its entirety, with the following:
3. Position. During the Term, the Executive shall serve as an Executive Vice President of Business Development of the Company."
IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date first written above.
IDT CORPORATION | ||
By: | | |
Name: James A. Courter Title: Chief Executive Officer |
By: | | |
Name: E. Brian Finkelstein |