Re: Employment Agreement between AT&T Inc. (formerly known as SBC Communications Inc.) and Edward E. Whitacre, Jr., effective November 16, 2001 (the “Employment Agreement”)
Exhibit
10.1
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AT&T Inc. 000 X. Xxxxxxx Xxxxxx Xxx Xxxxxxx. XX 00000 |
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March 4, 2006
Xx. Xxxxxx X. Xxxxxxxx, Xx.
Re:
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Employment Agreement between AT&T Inc. (formerly known as SBC Communications Inc.) and Xxxxxx X. Xxxxxxxx, Xx., effective November 16, 2001 (the “Employment Agreement”) |
Dear Ed:
Reference is made to the above-captioned Employment Agreement between you and the Company, a copy
of which is attached to this letter. This will confirm our agreement that the “Employment
Agreement,” as defined in the Employment Agreement, is hereby extended until the regular annual
meeting of AT&T Inc.’s stockholders to be held in 2008 without change to any of the terms of the
Employment Agreement which will remain in full force and effect throughout the new Employment Term,
provided, however, if you elect to relinquish your CEO responsibilities, the amount of your
compensation will be subject to re-negotiation for the balance of your employment.
Please acknowledge your agreement to this extension of your Employment Agreement by signing a copy
of this letter where indicated below.
Sincerely,
AT&T Inc.
AT&T Management Services, L.P.
AT&T Management Services, L.P.
By:
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/s/ Xxxxx X. Xxxxxxxxx
of the Board of Directors |
Attachment
Agreed
to:
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/s/ Xxxxxx X. Xxxxxxxx, Xx.
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