Addendum To Employment Agreement
Exhibit 10.35
Addendum
To
This Addendum is effective June 1, 2006 (“Addendum”) and modifies the Employment Agreement, as amended (“Agreement”) entered into effective May 4, 2004 between Intentia International AB, a Swedish company (now known as Xxxxxx Software International AB) (“Company”) and Xxxxxxxx Xxxxxx (“Employee”). Capitalized terms not otherwise defined in this Addendum have the same respective meaning as defined in the Agreement. The sections of the Agreement that are not expressly modified by this Addendum shall remain in effect pursuant to their terms.
The Xxxxxx Software, Inc. Executive Change in Control Severance Pay Plan for Tier 1 Executives (first adopted on January 17, 2005) will apply to Employee on and after June 1, 2006 (the “Tier 1 CIC Plan”). As stated in the Tier 1 CIC Plan, any severance payments under the Tier 1 CIC Plan will be reduced by the amount of any severance payments under this Agreement.
This Addendum may be signed in counterpart and by fax, and is effective June 1, 2006.
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Xxxxxx Software, Inc. |
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Xxxxxx Software International AB |
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By |
/s/ Xxxxx X Xxxxxx |
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By |
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Xxxxx X. Xxxxxx, |
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Compensation Committee Chair |
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/s/ Xxxxxxxx Xxxxxx |
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Xxxxxxxx Xxxxxx |
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