CONFIDENTIAL-SPECIAL HANDLING November 10, 2010 Mr. George Riedel
Exhibit 10.123
November 10, 2010
Xx. Xxxxxx Xxxxxx
0 Xxxxxxxxxxx Xxxx
Weston, MA 02493
Dear Xxxxxx:
I write to confirm an amendment to your Employment Agreement (“Agreement”), dated April 29, 2010. It is agreed that this amendment shall set the Extended Termination Date (as defined in the Agreement) to be March 31, 2011.
Further you understand and agree that the establishment of the Extended Termination Date above is the only amendment made to the Agreement. If you are in accord with this amendment please sign and return one copy of this letter to me while retaining a copy for you file.
Sincerely,
| NORTEL NETWORKS INC. |
| /S/ XXXX XXX |
| Xxxx Xxx XXX Principal Officer |
ERNST & YOUNG INC.
in its capacity as Monitor of Nortel Networks Corporation et al.
and not in its personal capacity consents to this amendment
| /S/ XXXXXX XXXXXXXX |
| Xxxxxx XxXxxxxx President |
Accepted this 10th day of November, 2010
| /S/ XXXXXX XXXXXX |
| Xxxxxx Xxxxxx |
