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Exhibit 10.6
[OFFICER NAME]
AMENDMENT TO EMPLOYMENT
AGREEMENT
WHEREAS ,
(“Executive”) and United Rentals, Inc. (the
“Company”) previously entered into an employment
agreement (the “Agreement”) dated
;
and
WHEREAS , Executive and the Company desire to amend the
Agreement in an attempt to have certain payments provided for
thereunder be exempt from or to comply with Section 409A of the
Internal Revenue Code of 1986, as amended (“Section
409A”) which governs nonqualified deferred compensation, and
to make certain other revisions.
NOW, THEREFORE , in consideration of the mutual covenants
and agreements set forth below, Executive and the Company hereby
amend the Agreement as follows:
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1.
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Section 4(g)(iii) of the
Agreement is amended in its entirety to read as follows:
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The Severance Pay to be made
under Sections 4(e)(iii) or 4(f)(iv) shall be paid at the times
Executive’s Base Salary would have been paid had
Executive’s employment not terminated, provided, however,
that the first payment shall be on the payday coinciding with or
next following the sixtieth (60 th ) day after the date
of termination, and such first p
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