Exhibit 10.2
AMENDMENT TO
EMPLOYMENT AGREEMENT
This Amendment to Employment Agreement, effective as of the 2nd day of December, 2009, is made and entered into as of the 25th day of January, 2010, by and between Gabriel Technologies Corporation, a
Delaware
Corporation (the "Company"), and George Tingo (hereinafter called "Executive).
WHEREAS, the Company and the Executive have entered into that certain Employment Agreement, dated as of August 21, 2009 and effective as of June 2, 2009, (the "Agreement"); and
WHEREAS, under Section II(D) of the Agreement, Executive is entitled to a salary of $12,500 per month for the first 6 months of employment, and $10,000 per month thereafter; and
WHEREAS, the Board of Directors of the Company has reviewed Executive's salary and has determined to continue to pay Executive a salary of $12,500 per month throughout the term of Executive
?s employment with the Company; and
WHEREAS, the Company and the Executive desire to amend the Agreement to reflect the Board of Directors' decision with respect to the amount of salary per month to which Executive is entitled.
NOW, THEREFORE, in consideration of the f ...