Exhibit 10.1
 
AMENDMENT TO EMPLOYMENT LETTER DATED MAY 5, 2004

 
This 26th date of September, 2006, GIGABEAM CORPORATION, a Delaware corporation,
with its corporate headquarters located at 470 Springpark Place, Suite 900,
Herndon, Virginia, 20170, its successors and assigns (hereinafter collectively
referred to as “Company”), and DON E. PECK, an individual residing at 1309
Ballyclare Court, Raleigh, North Carolina, 27614 (“Executive”), taking into
consideration certain current financial exigencies affecting the Company, and
intending to be legally bound hereby, agree to amend the Employment Letter of
May 5, 2004 between them, as follows:
 
Effective September 26, 2006, the annual base salary, as adjusted and provided
for in Item 4 of the Employment Letter shall be reduced by twenty-five (25%)
percent.
 
IN WITNESS WHEREOF, the parties have executed and delivered this amendment, as
of the date first above written.

        GIGABEAM CORPORATION  
   
   
    By:   /s/ Douglas G. Lockie                        Douglas G. Lockie  
President and Chief Technology Officer           DON E. PECK    /s/Don E.
Peck                          

 
 

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