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EXHIBIT 10.26
Aetna Inc.
000 Xxxxxxxxxx Xxxxxx
Xxxxxxxx, XX 00000-0000
XXXXXX X. XXXXXX
Senior Vice President
Aetna Human Resources, RC3A
June 19, 2000 (000) 000-0000
Fax: (000) 000-0000
VIA HAND DELIVERY
Xxxxxx X. Xxxx
000 0xx Xxxxxx
Xxxxxxx, XX 00000
Re: EMPLOYMENT AGREEMENT
Dear Frolly:
This letter is to confirm the discussions we have had regarding the status of
your employment agreement with Aetna Inc. (the "Company") dated as of May 7,
1996 (the "Employment Agreement"). This letter shall constitute the Company's
notice not to extend the Contract Employment Period. On December 31, 2000, the
Contract Employment Period shall expire and your employment with the Company
shall continue thereafter on an at-will basis. As provided in the Employment
Agreement, the Company's non-renewal of the Contract Employment Period shall not
be considered a Termination Without Cause or a Termination for Good Reason. All
terms not defined herein shall have the same meanings as set forth in the
Employment Agreement.
Respectfully,
AETNA INC.
By: /s/ Xxxxxx X. Xxxxxx
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Xxxxxx X. Xxxxxx
