Executive Severance Agreement - Interpublic Group of Companies Inc. and James R. Heekin
SUPPLEMENTAL AGREEMENT
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SUPPLEMENTAL AGREEMENT made as of June 1, 2000, by and between THE
INTERPUBLIC GROUP OF COMPANIES, INC., a corporation of the State of Delaware
(hereinafter referred to as the "Corporation"), and James R. Heekin (hereinafter
referred to as "Executive").
W I T N E S S E T H:
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WHEREAS, the Corporation and Executive are parties to an Executive
Severance Agreement made as of January 1, 1998 (hereinafter referred to as the
"Agreement"); and
WHEREAS, the Corporation and Executive desire to amend the Executive
Severance 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 5.9 of the Agreement is hereby amended effective June
1, 2000, so as to delete "Two (2.0)" and to substitute therefor
"Three (3)".
2. Except as hereinabove amended, the Agreement shall continue in
full force and effect.
3. This Supplemental Agreement shall be governed by the laws of the
State of New York.
THE INTERPUBLIC GROUP OF
COMPANIES, INC.
By /s/ C. KENT KROEBER
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C. KENT KROEBER
/s/ JAMES R. HEEKIN
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JAMES R. HEEKIN