Unassociated Document


    

      AMENDMENT TO EMPLOYMENT
AGREEMENT

       

      This
Amendment to Employment Agreement (this “Amendment”) is dated as of
February __, 2008, by and between Inrob Tech Ltd., a Nevada corporation (the
“Company”), and Mr. Ben-Tsur Joseph, an Israeli individual, ID 056031123, on
behalf of the company or companies under his control (“Joseph”). Terms not defined herein shall have
the meaning as set forth in the Agreement dated October 1,
2003.

       

      WITNESSETH:

       

      WHEREAS,
the Company and Joseph have entered into an Employment Agreement dated October
1, 2003, as amended (the “Employment Agreement”);
and

       

      WHEREAS,
the parties wish to amend the Employment Agreement as set forth
below.

       

      NOW,
THEREFORE, for and in consideration of the foregoing recitals, and other good
and valuable consideration, the receipt and legal sufficiency of which are
hereby acknowledged, the parties agree as follows:

       

      
        	
                 
      

              	
                1.

              	
                Article
      4 of the Employment Agreement is hereby deleted in its entirety and
      replaced as follows:

              


      

       

      Joseph
shall be entitled to an annual cash bonus the sum of which shall be equal to 5%
of the Company’s annual gross revenues (the “Bonus”). Such Bonus shall be
payable within 105 calendar days following the Company’s fiscal year-end. By way
of example, if the Company’s gross annual revenues for the fiscal year ended
December 31, 2008 were $1,000,000, Joseph would be entitled to receive $50,000
($1,000,000 x 5%) as a Bonus by April 15, 2009.

      


      In
addition, Joseph shall also be entitled to an annual incentive cash bonus equal
to 20% of any increase in gross revenues from the prior fiscal year (the “Incentive Bonus”). Such Bonus
shall be payable within 105 calendar days following the Company’s fiscal
year-end. By way of example, if the Company’s gross annual revenues were
$900,000 for the fiscal year ended December 31, 2007 and $1,000,000 for the
fiscal year ended December 31, 2008, Joseph would be entitled to an Incentive
Bonus of $20,000 ($100,000 x 20%) by April 15, 2009.

      


      The Bonus
and Incentive Cash Bonus shall commence for the fiscal year ended December 31,
2009.

      


      Other
than as expressly provided herein, neither Joseph nor Joseph’s Companies shall
be entitled to receive any other payments or commissions for providing the
Services to the Company.

       

      
        	
                 
      

              	
                2.

              	
                As
      amended hereby, the Employment Agreement shall remain in full force and
      effect.

              


      

       

      [Signature
page follows]

       


      
        
           


        

        
           


          
            

          

        

        
           


        

      


      IN
WITNESS WHEREOF, Ben-Tsur Joseph has hereunto set the his hand and, pursuant to
the authorization of the Company’s Board, the Company has caused this Amendment
to be executed in its name on its behalf, all as of the day and year first above
written

       

      
         

        INROB
TECH LTD.

        


        By:______________________________________

        Name:____________________________________

        Title:_____________________________________

        


        


        BEN-TSUR
JOSEPH

        


        


        __________________________________________