Amendment to Employment Agreement between Navigation Technologies Corporation and Judson Green

Summary

Navigation Technologies Corporation and Judson Green have agreed to amend their existing Employment Agreement, originally dated April 17, 2000. This amendment extends the expiration date of the agreement and Judson Green's employment to May 17, 2004, while affirming and continuing all other terms of the original agreement. Both parties have signed this amendment, which may be executed in multiple counterparts.

EX-10.2(IV) 4 a2135480zex-10_2iv.txt EXHIBIT 10.2(IV) Exhibit 10.2(iv) AMENDMENT OF EMPLOYMENT AGREEMENT This Amendment of Employment Agreement is made this 19 day of March, 2004, by and between Navigation Technologies Corporation, a Delaware corporation (the "COMPANY"), and Judson Green ("EXECUTIVE"). RECITALS A. Executive and the Company entered into an Employment Agreement dated April 17, 2000 ("EMPLOYMENT AGREEMENT"). B. The term of the Employment Agreement expires four years from the date of the Employment Agreement. C. Executive and the Company are discussing the terms and provisions of a renewal of Executive's Employment Agreement, which may not be concluded before the date that the Employment Agreement expires unless extended. Now therefore, Executive and the Company agree: 1. Section 1.b.(i) of the Employment Agreement to the contrary notwithstanding, the term of the Employment Agreement and Executive's employment shall expire on May 17, 2004. 2. The Employment Agreement is affirmed, ratified and continued, as amended hereby. 3. This Amendment may be executed in counterparts, each of which shall be an original, but all of which together shall constitute one instrument. IN WITNESS WHEREOF, each of the parties has executed this Amendment as of the date first above written. JUDSON GREEN /s/ Judson Green ------------------------ NAVIGATION TECHNOLOGIES CORPORATION By: Richard de Lange Title: Chairman ------------- /s/ Richard de Lange --------------------