AMENDMENT NO. 2 TO EMPLOYMENT AGREEMENT
This is Amendment No. 2, dated September 1, 2003 ("Amendment No. 2"), to an Employment Agreement
dated May 1, 2000, as amended by Amendment No. 1 dated June 28, 2001 (collectively, the "Employment
Agreement"), between Liquidmetal Technologies, Inc., a Delaware corporation (the "Company"), and James
Kang (the "Employee").
WHEREAS, pursuant to the terms of the Employment Agreement, Employee is employed as the Chairman of the
Board of Directors of the Company; and
WHEREAS, effective as of the date hereof, the Board of Directors of the Company has appointed Employee as
Company "Founder", and Employee will cease serve as Chairman; and
WHEREAS, the Company and the Employee desire to amend the Employment Agreement to reflect the
foregoing change in office.
NOW, THEREFORE, the parties hereto intending to be legally bound hereby, and in consideration of the mutual
covenants herein contained, agree as follows:
1. The foregoing recitals are true and correct and incorporated herein by reference. Any capitalized terms used
but not defined herein shall have the same meaning ascribed to them in the Employment Agreement.
2. Section 2 of the Employment Agreement is hereby deleted in its entirety and replaced with the following:
2. DUTIES. Employee will serve as an executive officer of the Company with the title of "Founder." The
Employee will devote Employee's entire business time, attention, skill, and energy exclusively to the business of
the Company, will use the Employee's best efforts to promote the success of the Company's business, and will
cooperate fully with the Board of Directors in the advancement of the best interests of the Company.
Furthermore, the Employee shall assume and competently perform such reasonable responsibilities and duties as
may be assigned to the Employee from time to time by the Board of Directors. To the extent that the Company
shall have any parent company, subsidiaries, affiliated corporatio