Ecology Coatings, Inc.
FIRST AMENDMENT TO THE EMPLOYEMENT AGREEMENT OF DAVID W MORGAN
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<TYPE>EX-10.1
<SEQUENCE>2
<FILENAME>k19510exv10w1.htm
<DESCRIPTION>FIRST AMENDMENT TO THE EMPLOYEMENT AGREEMENT OF DAVID W MORGAN
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<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Exhibit&nbsp;10.1</B>
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<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>FIRST AMENDMENT TO THE EMPLOYMENT AGREEMENT<BR>
OF DAVID W. MORGAN</B>
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<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;THIS FIRST AMENDMENT is by and between Ecology Coatings, Inc., a Nevada corporation (the
&#147;Company&#148;), and David W. Morgan (the &#147;Executive&#148;) and is entered to be effective as of the 22nd day
of October, 2007 (the &#147;Amendment Date&#148;).
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<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;WHEREAS, the Company and the Executive entered into that certain Employment Agreement dated as
of May&nbsp;23, 2007 (the &#147;Agreement&#148;) and desire in accordance with Section&nbsp;10.1 of the Agreement to
make certain amendments thereto;
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<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Now, therefore, it is hereby agreed as follows:
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    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">1.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Paragraph&nbsp;2.2.1 of the Agreement is hereby amended and restated to read in its entirety as
follows:</TD>
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    <TD>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;2.2.1 <I>Base Salary</I>. The Executive shall receive an annual base salary of Two Hundred
Ten thousand and 00/100 dollars from October&nbsp;15<SUP style="font-size: 85%; vertical-align: text-top">th</SUP>, 2007 through May&nbsp;23, 2009.
Thereafter, the Board or the Compensation Committee of the Board (the &#147;Committee&#148;) may
review the Executive&#146;s salary and total cash compensation within one hundred twenty (120)
days of the end of each of the Company&#146;s fiscal years during the Employment Period to
determine what, if any, increases shall be made thereto. The base salary payable to the
Executive in any given year is hereafter referred to as the &#147;Annual Base Salary.&#148; Any
increase in the Annual Base Salary shall not serve to limit or reduce any other obligation
to the Executive under this Agreement. The Annual Base Salary shall not be reduced after
any increase and the term &#147;Annual Base Salary,&#148; as used in this Agreement, shall refer to
the Annual Base Salary as increased. The Annual Base Salary shall in all instances be
payable in twenty-four (24)&nbsp;equal bi-monthly installments.&#148;</TD>
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<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">2.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><U>Scope of Amendment</U>. All of the terms and conditions of the Agreement shall be in
full force and effect unless amended and changed by this First Amendment. This First Amendment
shall supersede and replace the terms of the Employment Agreement to the extent contemplated and so
amended hereby.</TD>
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<DIV align="center" style="font-size: 10pt; margin-top: 18pt">&#091;REMAINDER OF PAGE INTENTIONALLY LEFT BLANK&#093;
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<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;IN WITNESS WHEREOF, the undersigned have executed this Amendment as of the Effective Date.
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<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>The Company:</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>Ecology Coatings, a Nevada corporation</B>
</DIV>


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    <TD width="48%">&nbsp;</TD>
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    <TD>&nbsp;</TD>
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&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left">&nbsp;</TD>
</TR><TR>
    <TD colspan="3" align="left">Richard D. Stromback&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left">&nbsp;</TD>
</TR><TR>
    <TD colspan="3" align="left">Chief Executive Officer&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left">&nbsp;</TD>
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    <TD colspan="5">&nbsp;</TD>
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<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>The Executive:</B>
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<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>David W. Morgan</B>
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    <TD width="48%">&nbsp;</TD>
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    <TD>&nbsp;</TD>
    <TD valign="top" align="left">&nbsp;</TD>
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    <TD colspan="3" style="border-bottom: 1px solid #000000" align="left">
&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left">&nbsp;</TD>
</TR><TR>
    <TD colspan="3" align="left">David W. Morgan&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left">&nbsp;</TD>
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    <TD colspan="3" align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left">&nbsp;</TD>
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