|
Exhibit
10.6(b)
FORM OF FIRST AMENDMENT TO
EXECUTIVE AGREEMENT
THIS FIRST AMENDMENT TO
EXECUTIVE AGREEMENT , between Arch Chemicals, Inc., a Virginia
corporation (“Arch Chemicals”), and
(the “Executive”), dated December 30,
2007.
WHEREAS, the Executive and
Arch Chemicals have entered into an Executive Agreement dated
, 200
(“Executive
Agreement”), regarding employee compensation
matters;
WHEREAS, the Executive
Agreement expires on December 31, 2007, and unless the
Compensation Committee (the “Committee”) of the Board
of Directors of Arch Chemicals, Inc. acts otherwise, it will be
extended as provided in Paragraph 3 of the Executive
Agreement;
WHEREAS, the Committee is
willing to permit the extension of the Executive Agreement as
provided in Paragraph 3 of the Executive Agreement if this
Amendment is entered into prior to December 31, 2007 by the
Executive;
WHEREAS, the Executive is
agreeable to entering into this Amendment and agrees the Executive
Agreement shall be renewed for an additional year all in accordance
with Paragraph 3 of the Executive Agreement.
NOW THEREFORE, in
consideration of the premises and the other mutual covenants
contained herein, the parties hereto agree as follows:
SECTION 1. Amendments to
the Agreement . Paragraph 4(b) of the Executive Agreement is
hereby amended to read in its entirety as follows:
(b) In the event of a
Termination after a Change in Control has occurred, in addition to
the Executive Severance paid under paragraph 4(a) above, Arch
Chemicals will pay a Change in Control severance premium to the
Executive in an amount equal to two times the Executive Severance.
The Change in Control severance p
| 
