AMENDMENT TO RESTATED EMPLOYMENT AGREEMENT
EXHIBIT 10.2
AMENDMENT
TO
Reference is made to that certain Restated Employment Agreement (the “Agreement”), dated as of November 21, 1995, between Sonesta International Hotels Corporation (the “Company”) and Xxxxx X. Xxxxxxxxx (the “Executive”). This shall constitute an Amendment to the Agreement.
1. Section 3 is deleted and replaced with the following:
3. Duties. The Executive shall be employed by the Company as Executive Chairman of the Board, as the same may be expanded or reduced from time to time, subject always to the direction of the Board of Directors of the Company.
2. Section 11 is deleted and replaced with the following:
11. Notices. All notices under this Agreement shall be in writing and delivered by hand or addressed and mailed by registered or certified mail, return receipt requested, if to the Company:
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000 Xxxxxxxxxx Xxxxxx, Xxxxx 0 |
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Xxxxxx, XX 00000 |
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Attn: Office of Treasurer |
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with a copy to: |
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Xxxxxx Xxxxxxx, Esq. |
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Xxxxx & Xxxxxxxx |
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000 Xxxxxx Xxxxxx |
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Xxxxxx, XX 00000 |
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and if to the Executive |
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Xx. Xxxxx X. Xxxxxxxxx |
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00 Xx. Xxxxxx Xxxxxx |
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Xxxxxx, XX 00000 |
or to such other address for notice as may be specified by any party hereto by notice given in the manner herein provided.
3. In all other respects the Agreement remains unchanged and in effect as of this May 16, 2005.
IN WITNESS WHEREOF, the parties have executed this First Amendment as of the day and year written above.
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SONESTA INTERNATIONAL HOTELS |
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CORPORATION |
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By: |
/S/ Boy xxx Xxxx |
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Its: |
Vice President & Treasurer |
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/S/ Xxxxx X. Xxxxxxxxx |
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Xxxxx X. Xxxxxxxxx |
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