Employment Agreement - Interpublic Group of Companies Inc. and Brian Brooks
SUPPLEMENTAL AGREEMENT
SUPPLEMENTAL AGREEMENT made as of April 7, 2003 between THE INTERPUBLIC GROUP OF COMPANIES, INC., a Delaware corporation ("Interpublic") and BRIAN BROOKS ("Executive").
W I T N E S S E T H:
WHEREAS, Interpublic and Executive are parties to an Employment Agreement made as of November 18, 2002 (hereinafter referred to as the "Agreement"); and
WHEREAS, Interpublic and Executive desire to amend the Agreement;
NOW, THEREFORE, in consideration of the mutual promises herein and in the Agreement set forth, the parties hereto, intending to be legally bound, agree as follows:
1. Paragraph 6.04 of the Agreement is amended, effective as of November 18, 2002, by adding: "In addition, Executive will be eligible to use a parking space at Central Parking at West 51st Street."
2. A new Paragraph 6.05 shall be added to the Agreement, effective as of November 18, 2002, to read as follows:
"Executive will be elected a member of Interpublic's Development Council."
3. A new Paragraph 6.06 shall be added to the Agreement, effective as of November 18, 2002, to read as follows:
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"Interpublic will provide Executive with a cellular phone, personal (home) computer and related communications equipment, if required." |
4. A new Paragraph 6.07 shall be added to the Agreement, effective as of November 18, 2002, to read as follows:
"Executive will be reimbursed for any expenses incurred in joining or maintaining a mid-town dining and health club." |
5. A new Paragraph 6.08 shall be added to the Agreement, effective as of November 18, 2002, to read as follows:
"Executive will be entitled to first class air travel while travelling on Interpublic business."
Except as hereinabove amended, the Agreement shall continue in full force and effect.
This Supplemental Agreement shall be governed by the laws of the State of New York, applicable to contracts made and fully to be performed therein.
THE INTERPUBLIC GROUP OF | |
COMPANIES, INC. | |
By: /s/ Nicholas J. Camera | |
Name: Nicholas J. Camera | |
Title: Senior Vice President | |
General Counsel and Secretary | |
/s/ Brian Brooks | |
Brian Brooks |