Back to top

AMENDMENT TO EXECUTIVE EMPLOYMENT AGREEMENT

Employment Agreement Amendment

AMENDMENT TO EXECUTIVE EMPLOYMENT AGREEMENT | Document Parties: FURNITURE BRANDS INTERNATIONAL INC You are currently viewing:
This Employment Agreement Amendment involves

FURNITURE BRANDS INTERNATIONAL INC

. RealDealDocs™ contains millions of easily searchable legal documents and clauses from top law firms. Search for free - click here.
Title: AMENDMENT TO EXECUTIVE EMPLOYMENT AGREEMENT
Date: 5/7/2008
Industry: Furniture and Fixtures     Sector: Consumer Cyclical

AMENDMENT TO EXECUTIVE EMPLOYMENT AGREEMENT, Parties: furniture brands international inc
50 of the Top 250 law firms use our Products every day

Exhibit 10.3

 

AMENDMENT TO EXECUTIVE EMPLOYMENT AGREEMENT

 

WHEREAS, Furniture Brands International, Inc. (“Company”) and Ralph Scozzafava (“Executive”) entered into an Executive Employment Agreement effective as of June 18, 2007 (“Agreement”); and

 

WHEREAS, the Company and the Executive retained the right to amend the Agreement pursuant to Section 3.10 thereof; and

 

WHEREAS, the Company and the Executive desire to amend the Agreement;

 

NOW, THEREFORE, effective as of _____, 2008, the Agreement is amended as follows:

 

 

1.   Section 2.4(b)(i) is deleted and replaced with the following:

“A Severance Payment equal to three, multiplied by the sum of (a) Executive’s annual Base Salary as of Executive’s Termination Date; and (b) the average annual bonus paid to Executive under the Company’s Short-Term Incentive Plan over the three year period (or such shorter period of time as Executive was eli


 
SITE SEARCH

AGREEMENTS / CONTRACTS

Document Title:

Entire Document: (optional)

Governing Law:(optional)


Try our advanced search >>
 

CLAUSES

Search Contract Clauses >>

Browse Contract Clause Library>>

Get Email Updates
Email:
This is only a partial view of this document. We have millions of legal documents and clauses drafted by top law firms. learn more search for free browse for free learn more