Exhibit 10.11
As of November 18, 1996
Xx. Xxxxxx Xxxxxxxxx
00000 Xxxxxx Xxxx
Xx. Xxxxx, Xxxxxxxx 00000
Dear Xx. Xxxxxxxxx:
Reference is hereby made to the Agreement dated October 25,
1995 (the "Agreement") between Insituform Technologies, Inc.
("ITI") and you, pursuant to which you have served as Vice Chairman
of the Board of Directors of ITI and ITI pays to you an annual fee
in consideration for such services.
This letter shall confirm that ITI's appointment of you, and
your service, as Chairman of the Board of Directors of ITI shall,
during the period thereof, satisfy the respective obligations of
ITI to engage you, and for you to serve, as Vice Chairman of the
Board of Directors of ITI; and that your service as Chairman of the
Board shall, during the period thereof, for all purposes of the
Agreement, without limitation including the payment of fees and
other amounts thereunder, constitute service as Vice Chairman of
the Board thereunder.
Except as set forth herein, the Agreement shall remain in full
force and effect and continue to bind the parties thereto. Please
evidence your agreement with the foregoing by executing the
enclosed counterpart of this letter in the space below provided for
that purpose.
Very truly yours,
INSITUFORM TECHNOLOGIES, INC.
By s/Xxxxxxx X. Xxxxxx
---------------------------
Xxxxxxx X. Xxxxxx
President
AGREED:
s/Xxxxxx Xxxxxxxxx
--------------------------
Xxxxxx Xxxxxxxxx
