Extension to Employment Agreement David Collins
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Human Resources
- Employment Agreements
EX-10.47 3 ex10_47.htm EXHIBIT 10.47 ex10_47.htm
Exhibit 10.47
EXTENSION TO EMPLOYMENT AGREEMENT
This Extension to Employment Agreement (this "Extension") is made as of April 1, 2008 between PETROSEARCH ENERGY CORPORATION, a Nevada corporation ("Company") and DAVID COLLINS ("Employee").
RECITALS:
| | A. | Company and Employee entered into a certain Employment Agreement dated May 1, 2007, providing for a one (i) year term. |
| | B. | Company and Employee mutually desire to extend the term of employment for an additional one (1) year term. |
TERMS OF AMENDMENT:
NOW, THEREFORE, FOR VALUE RECEIVED, Company and Employee agree as follows:
| | 1. | Ratification of Agreement. Except as modified hereby, Company and Employee hereby ratify and confirm the Employment Agreement and its provisions, including any amendments thereto. |
| | 2. | Extension of Term. Paragraph 1 of the Employment Agreement hereby extends the Term from one (1) year to two (2) years, such that the expiration of the Term shall be April 30, 2009. |
| | 3. | Binding Upon Successors and Assigns. This Extension shall inure to and be binding upon the undersigned and their respective heirs, representatives, successors and assigns. |
EXECUTED as of the date set forth first above.
| PETROSEARCH ENERGY CORPORATION | ||
| By: | /s/ Richard D. Dole | |
| Richard D. Dole, President and CEO | ||
| /s/ David J. Collins | ||
| DAVID J. COLLINS | ||
