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Left Behind Games Inc. – ‘8-K/A’ for 2/13/06 – EX-10.10

On:  Monday, 2/13/06, at 6:47pm ET   ·   As of:  2/14/06   ·   For:  2/13/06   ·   Accession #:  1078782-6-157   ·   File #:  0-50603

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  As Of                Filer                Filing    For·On·As Docs:Size              Issuer               Agent

 2/14/06  Left Behind Games Inc.            8-K/A:1,3,4 2/13/06   14:2.1M                                   Action Edgar Fil… Svc/FA

Amendment to Current Report   —   Form 8-K
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 8-K/A       Amended 8-K/A                                       HTML    289K 
 2: EX-3.2      Exhibit 3.2 Certificate of Incorporation of Left    HTML     22K 
                          Behind Games, Inc.                                     
 3: EX-3.2.1    Exhibit 3.2.1 Amendment to Certificate of           HTML     12K 
                          Incorporation of Left Behind Games, Inc.               
 4: EX-10.1     Exhibit 10.1 Share Exchange Agreement               HTML    193K 
13: EX-10.10    Exhibit 10.10 Addendum Dated February 1, 2005;      HTML     15K 
                          Employment Agreement for Thomas H.                     
                          Axelson                                                
 5: EX-10.2     Exhibit 10.2 Troy A. Lyndon Employment Agreement    HTML     75K 
 6: EX-10.3     Exhibit 10.3 Addendum Dated June 2, 2004;           HTML     14K 
                          Employment Agreement for Troy A. Lyndon                
 7: EX-10.4     Exhibit 10.4 Addendum Dated February 1, 2005;       HTML     15K 
                          Employment Agreement for Troy A. Lyndon                
 8: EX-10.5     Exhibit 10.5 Jefferey S. Frichner Employment        HTML     73K 
                          Agreement                                              
 9: EX-10.6     Exhibit 10.6 Addendum Dated June 2, 2004;           HTML     15K 
                          Employment Agreement for Jefferey S.                   
                          Frichner                                               
10: EX-10.7     Exhibit 10.7 Addendum Dated February 1, 2005;       HTML     15K 
                          Employment Agreement for Jefferey S.                   
                          Frichner                                               
11: EX-10.8     Exhibit 10.8 Thomas H. Axelson Employment           HTML     72K 
                          Agreement                                              
12: EX-10.9     Exhibit 10.9 Addendum Dated June 2, 2004;           HTML     15K 
                          Employment Agreement for Thomas H.                     
                          Axelson                                                
14: EX-99.1     Miscellaneous Exhibit                               HTML    651K 


EX-10.10   —   Exhibit 10.10 Addendum Dated February 1, 2005; Employment Agreement for Thomas H. Axelson


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  Exhibit 10.10 Addendum dated February 1, 2005; Employment Agreement for Thomas H. Axelson  
 
Exhibit 10.10
EMPLOYMENT AGREEMENT ADDENDUM #3
 
This Addendum pertains to the Employment Agreement between Thomas H. Axelson ("Employee") and Left Behind Games Inc. ("LBG" or the "Company") as Chief Financial Officer. Employee and the Company are sometimes individually referred to herein as a "party" and collectively as the "parties."
 
The “Base Salary” as stated in the original agreement, shall be amended to include the following provisions:
 
a)  
After Company achieves Initial Revenues: Salary of Seventy-Five Thousand US Dollars ($75,000.00 USD).

b)  
After Company achieves $4 million in Annual Revenues: Salary of Ninety Thousand US Dollars ($90,000.00 USD), a Ten Thousand Dollar ($10,000.00) Bonus, and a One Thousand Dollar ($1,000.00) per month Expense Account to be spent at your discretion.

c)  
After Company achieves $8 million in Annual Revenues: Salary of One Hundred Thousand US Dollars ($100,000.00 USD), a Twenty Thousand Dollar ($20,000.00) Bonus, and a Two Thousand Dollar ($2,000.00) per month Expense Account to be spent at your discretion.

d)  
After Company achieves $12 million in Annual Revenues: Salary of One Hundred Twenty-Five Thousand US Dollars ($125,000.00 USD), a Thirty Thousand Dollar ($30,000.00) Bonus, and a Three Thousand Dollar ($3,000.00) per month Expense Account to be spent at your discretion.

e)  
After Company achieves $16 million in Annual Revenues: Salary of One Hundred Fifty Thousand US Dollars ($150,000.00 USD), a Fifty Thousand Dollar ($50,000.00) Bonus, and a Five Thousand Dollar ($5,000.00) per month Expense Account to be spent at your discretion.

 
By signing below, the parties acknowledge they have read, understand and agree to this terms and conditions of this Addendum.
 
EMPLOYEE  
   
/s/ Thomas H. Axelson   Feb 1, 2005
   
By: ______________________ __________
Thomas H. Axelson    Date

 
 
 

ACCEPTED:

LEFT BEHIND GAMES INC.
a Delaware corporation

/s/ Jeffrey S. Frichner    Feb 1, 2005
   
By:_______________________ __________
Jeffrey S. Frichner, President   Date
 

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Filing Submission 0001078782-06-000157   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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