AMENDMENT NO. 1 TO THE EMPLOYMENT AGREEMENT - BLUEHILL ID AG AND JOHN ROGERS
Published on May 17, 2010
Exhibit 10.39
Amendment No. 1 to the
Employment Agreement
between
Bluehill ID AG
and
Mr. John Rogers
The Parties hereto have agreed to amend the Employment Agreement as follows:
| 1. | As of 1 April 2010 the Base Salary as defined in Article 3.1 of the Employment Agreement shall amount to CHF 175’000 per annum. |
| 2. | All other terms and conditions of the Employment Agreement shall remain in full force and effect. |
| Jongny, 16 March 2010 | St. Gallen, 16 March 2010 | |||||
| Bluehill ID AG | ||||||
| /s/ John Rogers |
/s / Ayman S. Ashour | |||||
| John Rogers | By: | Ayman S. Ashour | ||||
| Title: | President of the Board of Directors | |||||