Amendment No. 1 to Executive Service Agreement between MIVA (UK) Limited and Adam Poulter
This amendment updates the Executive Service Agreement between MIVA (UK) Limited and Adam Poulter, originally dated October 18, 2005. The amendment changes Section 10.1 to require either party to give at least twelve months’ written notice to terminate the employment. All other terms of the original agreement remain unchanged. The amendment is effective as of December 31, 2005.
Exhibit 10.11
AMENDMENT NO. 1 TO EXECUTIVE SERVICE AGREEMENT
THIS AMENDMENT NO. 1 TO EXECUTIVE SERVICE AGREEMENT is made on 31 Decenber 2005
BETWEEN:
(1) | MIVA (UK) LIMITED whose company registration number is ###-###-#### and whose registered office is at First Floor, Euston Xchange, 194 Euston Road, London NW1 2DA (the “Company”); and |
(2) | ADAM POULTER of Waytefield, 9 Long Wood Drive, Jordans, Buckinghamshire, HP9 2SS (“you” or “your”). |
1. | INTRODUCTION |
The Company and you entered into an Executive Service Agreement dated 18 October 2005 (the “Agreement”) and you and the Company have agreed to modify Section 10.1 thereof.
2. | AMENDMENT |
Section 10.1 of the Agreement is hereby stricken and replaced in its entirety with the following provision:
10.1 Either party may terminate your employment by giving to the other party not less than twelve (12) months’ notice in writing. |
All other provisions of the Agreement shall remain the same.
IN WITNESS whereof this Agreement has been executed as a deed by or on behalf of the parties hereto the day and year first above written.
EXECUTED as a Deed )
by MIVA (UK) LIMITED )
Director
and Director/ Secretary
or under Power of Attorney
SIGNED and DELIVERED as a Deed )
by /s/ ADAM POULTER )
Witness’ Signature
Name
Address
Occupation