EXHIBIT 10.23

 

ADDENDUM A TO EMPLOYMENT AGREEMENT

 

This addendum is made on February 10, 2003 by and between QUANTUM Fuel Systems
Technologies Worldwide, Inc. (herein “QUANTUM”) and Alan Niedzwiecki (herein
“Employee”). For mutual and adequate exchange of consideration, the parties
mutually agree to modify Employee’s Employment Agreement of August 1, 2002, as
follows, effective February 10, 2003.

 

Section 2 of the above referenced Employment Agreement is hereby modified via
incorporating the following additional language.

 

“2.1 (a) Effective February 10, 2003, Employee’s base salary is increased to
$320,000 per year.”

 

 

/s/  

Alan Niedzwiecki        

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      /s/  

Brian Olson        

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    Alan Niedzwiecki          

Brian Olson

Chief Financial Officer

    Dated:  Feb. 10, 2003                            

QUANTUM Fuel Systems

Technologies Worldwide, Inc.

                                  Dated:  Feb. 10, 2003