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THIRD MODIFICATION OF PERFORMANCE
UNIT AGREEMENT BETWEEN
CENTRAL PARKING CORPORATION
AND
JAMES H. BOND
This THIRD
MODIFICATION OF PERFORMANCE UNIT AGREEMENT (this
“Agreement”) is made effective the 30
th day of September, 2001, by and between CENTRAL
PARKING CORPORATION, a Tennessee corporation (the
“Company”), and JAMES H, BOND, a resident of Nashville,
Davidson County, Tennessee (the “Employee”).
In connection with
the execution of an Amendment dated September 30, 2001 (the
“Amendment” to the Employment Agreement effective
January 1, 2001 (collectively with the Amendment, the
“2001 Employment Agreement”), the Company and the
Employee wish to further modify, as provided herein, the
Performance Unit Agreement made by and between the Company and the
Employee on June 26,1986 (the “Performance Unit
Agreement”) as such was amended by that certain Modification
of Performance Unit Agreement effective October 10, 1995 and
Second Modification of Performance Agreement effective May 31,
2001 (collectively the “Modification
Agreements”).
In consideration
of the mutual terms and promises
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