Attached files

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10-Q - FORM 10-Q - ORBIT INTERNATIONAL CORPform10-q.txt
EX-31.1 - CEO CERTIFICATION - ORBIT INTERNATIONAL CORPceocertification.txt
EX-31.2 - CFO CERTIFICATION - ORBIT INTERNATIONAL CORPcfocertification.txt
EX-32.2 - CFO 906 CERTIFICATION - ORBIT INTERNATIONAL CORPcfo906certification.txt
EX-32.1 - CEO 906 CERTIFICAITON - ORBIT INTERNATIONAL CORPceo906certification.txt

                                                                    Exhibit 10.1


                    FIRST AMENDMENT TO EMPLOYMENT AGREEMENT


     This  FIRST  AMENDMENT  TO  EMPLOYMENT  AGREEMENT  (this  "Amendment")  is
effective  as  of December 31, 2010, by and between ORBIT INTERNATIONAL CORP., a
Delaware  corporation  (the  "Company")  and  BRUCE  REISSMAN (the "Executive").

                              W I T N E S S E T H:
                              - - - - - - - - - -

     WHEREAS,  the  Company  and  Executive entered into an employment agreement
dated as of December 14, 2007 (the "Employment Agreement") pursuant to which the
Executive  was  employed  by the Company upon the terms and conditions contained
therein;  and
     WHEREAS,  the  parties desire to amend certain provisions of the Employment
Agreement  as  set  forth  below.
     NOW,  THEREFORE, in consideration of the mutual promises and other good and
valuable  consideration,  the  receipt  and  sufficiency  of  which  are  hereby
acknowledged,  each  of  the  parties  agree  with  the  others  as  follows:
1.     The  first  sentence of Paragraph 9 of the Employment Agreement is hereby
deleted  in  its entirety, and a new sentence reading in its entirety as follows
is  hereby  inserted  in  its  place:
"The Term and Executive's employment hereunder shall continue from the effective
date  of  this Agreement through February 28, 2011, unless terminated earlier by
the  Company  or  by  Executive  pursuant  to  this  Paragraph  9."

2.     Paragraph  4D  is  hereby  deleted  in  its  entirety.
3.     Except as herein amended, the Employment Agreement shall remain in full
force and effect.
4.     This Amendment may be executed in one or more counterparts, each of which
shall be considered an original, and all of which, when taken together, shall be
considered one and the same agreement and shall become effective when such
counterparts have been signed by each of the parties and delivered to the other
parties, it being understood that all parties need not sign the same
counterpart.
                           [Signature page follows.]

IN  WITNESS  WHEREOF,  the  parties hereto have caused this Amendment to be duly
executed  as  of  the  day  and  year  first  above  written.

     ORBIT INTERNATIONAL CORP.


     By:        /s/ Mitchell Binder
                -------------------
     Name:      Mitchell Binder
     Title:     Chief Executive Officer



                              /s/ Bruce Reissman
                              ------------------
                              BRUCE REISSMA