AMENDMENT NO. 1 (THIS "AMENDMENT") TO EMPLOYMENT AGREEMENT (THE "AGREEMENT"),
ORIGINALLY MADE AS OF AUGUST 14, 1998, BETWEEN
EURO BROKERS INVESTMENT CORPORATION AND WALTER E. DULSKI
The undersigned parties, pursuant to Section 15 of the Agreement, hereby
agree to amend the Agreement as follows:
1. In Section 1 of the Agreement, the Termination Date is hereby changed from
August 31, 2001 to August 31, 2002.
2. The following two sentences are hereby inserted into Section 2.1 of the
Agreement immediately after the existing first sentence thereof:
"Dulski shall be primarily charged with identifying new business
opportunities for the Company. The Company shall not require Dulski
to work out of any office locations other than its New York City
office and its Stamford, Connecticut office.
As amended hereby, the Agreement remains in full force and effect.
IN WITNESS WHEREOF, the parties have executed this Amendment as of this
11th day of August, 2000.
EURO BROKERS INVESTMENT CORPORATION
By: /s/ KEITH REIHL
------------------------------------
Keith Reihl
Chief Operating Officer
Agreed:
/s/ WALTER E. DULSKI
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Walter E. Dulski
