FIRST AMENDMENT TO EMPLOYMENT AGREEMENT
Exhibit 10.31
FIRST AMENDMENT TO EMPLOYMENT AGREEMENT
This First Amendment to the Employment Agreement by and between Xxxxxx X. Xxxxx (“Employee”) and
Expedia, Inc., a Washington corporation (the “Company”), which was executed August 8, 2007 (herein
the “Agreement Effective Date”), is entered into effective as of October 27, 2008.
WHEREAS, the Company desires that Employee will have the additional responsibility of managing
the role of Chief Information Officer who shall report to him, and Employee desires to accept such
additional responsibility,
NOW, THEREFORE, Employee and the Company agree that in consideration of said additional
responsibility Section 2A of the Employment Agreement, which provides for a two-year Term, is
hereby extended by one year to be a total three-year Term, commencing from the Agreement Effective
Date. This First Amendment does not change any other term or condition of the Employment
Agreement.
ACKNOWLEDGED AND AGREED: | ||||
EXPEDIA, INC. | ||||
By: /s/ Xxxxx X. Xxxxxx | ||||
Name: Xxxxx X. Xxxxxx | ||||
Title: Executive Vice President & General Counsel | ||||
Date: November 10, 2008 | ||||
EMPLOYEE | ||||
By: /s/ Xxxxxx X. Xxxxx | ||||
Name: Xxxxxx X. Xxxxx | ||||
Date: November 10, 2008 |