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EXHIBIT 10.17(C)
MANPOWER INC.
0000 XXXXX XXXXXXXX XXXX
XXXXXXXXX, XXXXXXXXX 00000
February 18, 1997
Xx. Xxxxx X. Xxxxxxx:
This letter will confirm our agreement regarding your bonus for 1996 and
grant of Credited Shares under the Deferred Stock Plan of Manpower Inc., as
amended on this date (the "Plan"):
1. Notwithstanding the terms of any prior agreements or
understandings between us regarding any bonus or incentive bonus, we agree
that your bonus for the 1996 calendar will equal $644,839.
2. You have been granted 1,500 Credited Shares under the Plan, all of
which are vested as of this date. The shares of Common Stock of Manpower
Inc. to which you are entitled under the terms of the Plan with respect to
this grant shall be distributed to you on January 2 of the year following
the year in which your employment by Manpower Inc. terminates or, if
sooner, upon the occurrence of a Triggering Event (as defined in the Plan).
Except as otherwise provided in this letter, this grant of Credited Shares
is subject to the terms and conditions of the Plan.
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Xx. Xxxxx X. Xxxxxxx
February 18, 1997
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To confirm your agreement with the terms of this letter, kindly sign a copy
in the place provided below and return it to us.
Sincerely,
MANPOWER INC.
By: /s/ Xxxxxxxx X. Xxxxxxxxx
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Xxxxxxxx X. Xxxxxxxxx, President and
Chief Executive Officer
I hereby confirm my agreement with
the terms of this letter.
/s/ Xxxxx X. Xxxxxxx
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Xxxxx X. Xxxxxxx
