Amendment to Employment Agreement Between Universal Infotainment Systems Corporation and Clark Beattie

Summary

Universal Infotainment Systems Corporation and Mr. Clark Beattie have agreed to amend their original employment agreement dated May 2, 2008. This amendment defers the start date for Mr. Beattie's cash compensation until the company becomes publicly traded and has at least $4 million in available capital. However, stock compensation will still be paid as originally scheduled. The amendment was signed on December 18, 2008.

EX-10.15 4 v137377_ex10-15.htm

AMENDMENT TO EMPLOYMENT AGREEMENT

Between Universal Infotainment Systems Corporation (“Employer”), and Mr. Clark Beattie (“Employee”).

THIS AGREEMENT made as of this 18th day of December, 2008 (the “Agreement”), by and between Universal Infotainment Systems Corporation, a Nevada corporation (“Employer,” or “The Company”), and Mr. Clark Beattie (“Employee”) is an amendment to the Employment Agreement dated the 2nd day of May, 2008.

The following is mutually agreed upon by the Employer and the Employee on this 18th day of December, 2008:

Deferment of Effective Date of Employment Agreement

The Employer and the Employee mutually agree to defer the effective date of cash compensation, but not stock compensation which shall be paid the date the Employment Agreement was signed, under the Employment Agreement dated the 2nd day of May, 2008. Cash compensation will be deferred until such time at which The Company is a publically traded entity and has secured a financial threshold of no less than $4,000,000 in available financial capital.

IN WITNESS WHEREOF, the parties have executed this Agreement as of this 18th day of December, 2008.

Employer
Universal Infotainment Systems Corporation


By:	/s/ Emanuel G. Pavlopoulos
Emanuel G. Pavlopoulos
Chairman


Employee

/s/ Clark Beattie
Mr. Clark Beattie
Chief Executive Officer

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Amendment to Employment Agreement

Clark Beattie