EXHIBIT 10(j)
SUPPLEMENTAL AGREEMENT
SUPPLEMENTAL AGREEMENT made as of September 1, 1997, by
and between THE INTERPUBLIC GROUP OF COMPANIES, INC., a
corporation of the State of Delaware (hereinafter referred to as
the "Corporation"), and XXXXXX X. XXXXX (hereinafter referred to
as "Executive"):
W I T N E S S E T H
WHEREAS, the Corporation and Executive are parties to
an Employment Agreement made as of July 1, 1995, as amended by a
Supplemetal Agreement dated as of March 12, 1997 (hereinafter
referred to collectively as the "Employment Agreement"); and
WHEREAS, the Corporation and Executive desire to amend
the Employment Agreement;
NOW, THEREFORE, in consideration of the mutual promises
herein and in the Employment Agreement set forth, the parties
hereto, intending to be legally bound, agree as follows:
1. Paragraph 3.02 of the Employment Agreement is
amended, effective September 1, 1997, by deleting
"$600,000" therefrom and substituting "$700,000"
therefor.
2. Except as hereinabove amended, the Employment
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: C. Xxxx Xxxxxxx
Xxxxxx X. Xxxxx