EX-10 3 ex10-7.txt EXHIBIT 10.7 EXHIBIT 10.7 EMPLOYMENT AGREEMENT BETWEEN INTEGCOM (PRESENTLY DVS INC.) AND LOUIS MASSAD DATED DECEMBER 22, 1999 IS HEREBY AMENDED AS FOLLOWS: 1) Term of Employment: Termination of Employment Agreement extended to December 31, 2005. 2) Scope of Employment, para.3 shall be deleted in its entirety and replaced by: Hours of Employment: - September 1, 2003 through December 31, 2003; 2 days per week - January 1, 2004 through December 31, 2005 ; 1 day per week - Employee will work additional day/s per week as requested by management. 3) Compensation: Para.4 is deleted in its entirety and replaced as follows: - September 1, 2003 to December 31, 2003 shall be $3,000 per week - January 1, 2004 to December 31, 2005 shall be $1,500 per week - Additional days at $1,500 per day. All other Terms of the Employment Agreement shall remain the same. IN WITNESS WHEREOF, the parties hereto have executed this Amendment. DVS Inc. BY: Irv Witcosky DATE 8 - 11 - 03 --------------------------------- ----------- Irv Witcosky, President BY: Louis Massad DATE 8 - 11 - 03 --------------------------------- ----------- Louis Massad, Employee