Cornerworld Corp - FORM 10-K - EX-10 - AMENDMENT 2 TO EMPLOYMENT AGREEMENT - SCOTT BECK - July 30, 2012

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EXCEL - IDEA: XBRL DOCUMENT - Cornerworld CorpFinancial_Report.xls
EX-31 - CERTIFICATION OF CHIEF FINANCIAL OFFICER - Cornerworld Corpex_31-2.htm
EX-32 - CERTIFICATION OF CHIEF FINANCIAL OFFICER - Cornerworld Corpex_32-2.htm
EX-32 - CERTIFICATION OF CHIEF EXECUTIVE OFFICER - Cornerworld Corpex_32-1.htm
EX-31 - CERTIFICATION OF CHIEF EXECUTIVE OFFICER - Cornerworld Corpex_31-1.htm
EX-21 - SUBSIDIARIES OF CORNERWORLD CORPORATION - Cornerworld Corpex_21-1.htm
EX-10 - AMENDMENT 1 TO EMPLOYMENT AGREEMENT - V. CHASE MCCREA III - Cornerworld Corpex_10-67.htm
EX-10 - AMENDMENT 6 TO PROMISSORY NOTE - IU INVESTMENTS - Cornerworld Corpex_10-60.htm
EX-10 - AMENDMENT 5 TO PROMISSORY NOTE - MARC BLUMBERG - Cornerworld Corpex_10-62.htm
EX-10 - AMENDMENT 3 TO PROMISSORY NOTE - SCOTT BECK - Cornerworld Corpex_10-64.htm
EX-10 - AMENDMENT 3 TO PROMISSORY NOTE - KELLY LARABEE MORLAN - Cornerworld Corpex_10-65.htm
EX-10 - AMENDMENT 5 TO PROMISSORY NOTE - MARC PICKREN - Cornerworld Corpex_10-63.htm
EX-10 - AMENDMENT 4 TO PROMISSORY NOTE - IU HOLDINGS - Cornerworld Corpex_10-59.htm
10-K - FORM 10-K FOR 04-30-2012 - Cornerworld Corpform_10-k.htm
EX-10 - AMENDMENT 5 TO PROMISSORY NOTE - INTERNET UNIVERSITY - Cornerworld Corpex_10-61.htm

Exhibit 10.66


AMENDMENT NUMBER 2 TO EMPLOYMENT AGREEMENT DATED JULY 28, 2011

BETWEEN CORNERWORLD CORPORATION AND SCOTT N. BECK


WITNESSETH:


WHEREAS, on July 28, 2011, CornerWorld Corporation and its Chief Executive Officer, Scott N. Beck (collectively the “Parties”) entered into an employment agreement (the “Agreement”) and, unless otherwise noted, all capitalized terms have the identical meaning as defined in the Agreement.


WHEREAS, on December 15, 2011, the Parties amended the Agreement.


NOW, THEREFORE, in consideration of the premises and the agreements hereinafter contained, and for other good and valuable consideration, notwithstanding any provisions of the Agreement to the contrary, the Parties hereto hereby agree to the following:


Pursuant to Item 1(b), Employee’s annual base salary shall be retroactively adjusted to $250,000 for the period from the Effective Date of the Agreement through the period ending April 30, 2013.  Effective May 1, 2013, Employee’s annual base salary shall return to the stated rate of $400,000 per annum.


Pursuant to Item 1(c), Employee has forfeited his right to an annual equity award payable on July 28, 2012.



By:  /s/ Scott N. Beck

Scott N. Beck

An individual



CORNERWORLD CORPORATION



By:  /s/ Marc Blumberg

Marc Blumberg

Director



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