EXHIBIT 10.15a
FIRST AMENDMENT TO AMENDED AND
RESTATED EMPLOYMENT AGREEMENT
This FIRST AMENDMENT, made as of the 1st day of February, 1998, to the
Amended and Restated Employment Agreement, made as of the 1st day of January,
1988, and amended as of July 23, 1990, June 1, 1995 and March 1, 1997, (the
"Agreement") between THE UNITED ILLUMINATING COMPANY, a Connecticut corporation
(the "Company") and Xxxxx X. Xxxxx, an individual (the "Executive"),
WITNESSETH THAT:
(1) The Company and the Executive hereby agree to amend the Agreement as
set forth in sections (2) and (3) below:
(2) By deleting the final sentence of Section (4)(b) in its entirety.
(3) By inserting, following the second sentence of Section (4)(f), the
following sentence: "For purposes of this Agreement, Total Compensation is
defined as the sum of the Executive's Base Salary and any amount paid or payable
to the Executive pursuant to the Company's annual Executive Incentive
Compensation Program."
(4) All the terms and conditions of the Agreement, as amended hereby are
and shall remain in full force and effect.
(5) This First Amendment to the Agreement may be executed in one or more
counterparts, each of which shall be deemed an original but all of which
together will constitute one and the same instrument.
IN WITNESS WHEREOF, the parties hereto have executed this instrument as of
the day and year first above written.
THE UNITED ILLUMINATING COMPANY
ATTEST:
By /s/ Xxxxxxx X. Xxxxxx
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Its Chairman of the
Board of Directors and
Chief Executive Officer
/s/ Xxxx Xxxxxxx
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Treasurer and
/s/ Xxxxx X. Xxxxx Secretary
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Xxxxx X. Xxxxx
