Exhibit 10.30
April 25, 2000
Xx. X. Xxxxxxx Xxxxxxxx, Jr.
0000 Xxxxxx Xxxxx Xxxx
XxXxxx, Xxxxxxxx 00000
Dear Xx. Xxxxxxxx:
Supplemental Agreement Providing a Change to the
Consulting Agreement of January 7, 1997
This Supplemental Agreement refers to the consulting agreement of January 7,
1997 (The "Consulting Agreement") with the undersigned, FM Services Company
(The "Company"), with respect to your performance of consulting services for
FM Services and its subsidiaries and affiliates (collectively with FM
Services, the "Freeport Entities").
By way of this Supplemental Agreement, the Company would like to amend your
Consulting Agreement, increasing your annual retainer to $250,000 effective
January 1, 2000. The payment enclosed represents your increase retroactive
to the first of the year. The third quarter payment (due in July) will
reflect our new Agreement in the amount of $62,500. All other terms and
conditions of the Consulting Agreement shall remain unchanged.
Please confirm that the foregoing correctly sets forth your understanding
with respect to this matter by signing both originals of this Supplemental
Agreement and returning one to me.
Very truly yours,
Xxxxxxx X. Xxxxxxxx
Chairman
FM Services
AGREED TO AND ACCEPTED
BY: ________________________________________
J. Xxxxxxx Xxxxxxxx, Xx.
DATE: ______________________________________