Sample Business Contracts

Employment Agreement [Amendment No. 1] - Juno Online Services Inc. and Robert H. Cherins

Employment Forms

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FIRST AMENDMENT TO EMPLOYMENT AGREEMENT dated as of the 29th day of February
2000 between Juno Online Services, Inc. (the "Company") and Robert H. Cherins
(the "Employee").

WHEREAS, the Company and the Employee are parties to an Employment Agreement
dated as of April 26, 1999 (the "Employment Agreement") pursuant to which the
Employee is employed by the Company;

WHEREAS, the Company and the Employee desire to amend the Employment Agreement.

NOW THEREFORE, in consideration of the premises and mutual covenants contained
herein, and for good and valuable consideration, the receipt and sufficiency of
which are hereby acknowledged, the parties agree as follows:

1.   AMENDMENT TO COMPENSATION PROVISIONS. Section 2 of the Employment Agreement
     is amended as follows:

     a.   In Section 2(a), the Compensation Period shall begin on January 1,
          2000 and shall end on December 31, 2000.

     b.   In Section 2(a), the figure set forth as the Employee's base salary
          shall be replaced with $185,000. This new figure shall remain subject
          to all of the provisions of Section 2(a).

     c.   In Section 2(d), the figure set forth as the Employee's non-refundable
          advance against bonus shall be replaced with $143,500. This new figure
          shall remain subject to all of the provisions of Section 2(d).

2.   NO OTHER AMENDMENTS. Except as expressly amended as provided herein, the
     Employment Agreement shall continue to be, and shall remain, in full force
     and effect in accordance with its terms.

3.   SEVERABILITY. The holding of any provision of this amendment to be illegal,
     invalid or unenforceable by a court of competent jurisdiction shall not
     affect any other provision of this amendment, which shall remain in full
     force and effect.


4.   GOVERNING LAW. This amendment shall be governed by, and construed and
     interpreted in accordance with, the laws of the State of New York (without
     regard to conflicts-of-laws-principles.)

IN WITNESS WHEREOF, the parties have executed this First Amendment as of the
date first written above.


By: /s/ Charles Ardai
        Charles Ardai
        President and Chief Executive Officer


    /s/ Robert H. Cherins
        Robert H. Cherins