Amendment No. 1 to Executive Employment Agreement between Fortress International Group, Inc. and Timothy C. Dec
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Summary
This amendment, effective August 26, 2008, modifies the Executive Employment Agreement between Fortress International Group, Inc. and Timothy C. Dec. The main change is a $5,000 reduction in Mr. Dec's base salary. All other terms of the original agreement remain unchanged. Both parties have agreed to and signed this amendment.
EX-10.4 5 v132045_ex10-4.htm Unassociated Document
[Fortress International Group, Inc. Letterhead]
AMENDMENT NO. 1 TO EXECUTIVE EMPLOYMENT AGREEMENT
August 26, 2008
Timothy C. Dec
c/o Fortress International Group, Inc.
7226 Lee DeForest Drive, Suite 203
Columbia, MD 21046
Dear Mr. Dec:
Reference is hereby made to the Executive Employment Agreement, dated August 6 2007 (the “Agreement”), entered into between you (the “Executive”) and Fortress International Group, Inc.(the “Company”). Capitalized terms not defined in this Amendment shall have the meaning ascribed to them in the Agreement.
The parties hereby agree for a reduction of $5,000 of the Base Salary payable to Mr. Dec under the Agreement.
The Amendment is effective as of August 26, 2008. Except as otherwise set forth herein, the Agreement shall remain in full force and effect.
Please confirm your agreement with this Amendment by signing in the space provided below.
Yours Sincerely, | |
Fortress International Group, Inc. | |
By: /s/ Thomas P. Rosato | |
Name: Thomas P. Rosato | |
Title: Chief Executive Officer |
Accepted and Agreed
By: /s/ Timothy C. Dec
Name: Timothy C. Dec