SECOND AGREEMENT TO EXTEND DATE
WHEREAS, an Agreement (the "Agreement") dated April 26, 1995
between Potomac Electric Power Company (the "Company") and Xxxxxx
X. Xxxxxxxx ("Xxxxxxxx") provides for the continuance of Xxxxxxxx'x
service as an officer of the Company; and
WHEREAS, Xxxxxxxx and the Company executed an Agreement to
Extend Date on September 22, 1995 wherein the parties agreed,
pursuant to Sections 1, 3 and 4 of the Agreement, to a date
subsequent to the January 1, 1997 date set forth in said Sections
1, 3 and 4; and
WHEREAS, Xxxxxxxx and the Company executed Amendment #1 to
Agreement on October 23, 1997 to provide for the continuation of
Xxxxxxxx'x employment as Chairman of the Board; and
WHEREAS, Xxxxxxxx and the Company wish to further extend the
date set forth in Sections 1, 3 and 4 of the Agreement.
NOW, THEREFORE, it is agreed as follows:
1. Pursuant to the provisions of Sections 1, 3 and 4 of the
Agreement, the Company and Xxxxxxxx hereby mutually agree that the
date set forth in Sections 1, 3 and 4 of the Agreement shall be
changed to May 1, 1998.
2. Except as amended herein, the provisions of the Agreement
dated April 26, 1995 and Amendment #1 to Agreement dated October
23, 1997 shall remain in full force in effect.
Agreed effective the 19th day of December, 1997.
Xxxxxx X. Xxxxxxxx Potomac Electric Power
Company
______________________ By: _______________________
Xxxx X. Xxxxxxx, Xx.
Attest:
______________________
Secretary
