FIRST AMENDMENT TO ERIC S. MCGINNIS OFFER LETTER
Exhibit 10.3
FIRST AMENDMENT TO XXXX X. XXXXXXXX OFFER LETTER
This FIRST AMENDMENT TO XXXX X. XXXXXXXX OFFER LETTER is effective as of August 25, 2021.
WHEREAS, Modine Manufacturing Company, a Wisconsin corporation
(the “Company”), and Xxxx X. XxXxxxxx previously entered into that certain Offer Letter dated as of July 16, 2021 (the “Offer Letter”); and
WHEREAS, the Company and Xx. XxXxxxxx desire to amend the Offer Letter to set forth a revised date of grant of certain equity and
incentive cash awards under the Offer Letter, as approved by the Company’s Human Capital and Compensation Committee.
NOW, THEREFORE, the Offer Letter is hereby amended as follows:
1. Amendment to Grant Dates in
Exhibit A of the Offer Letter. Exhibit A to the Offer Letter shall be amended as follows:
(a) The phrase
“upon the commencement of employment” in the first sentence of Exhibit A to the Offer Letter shall be deleted and replaced with “following the commencement of employment.”
(b) Each
reference to “upon effective date of employment” or “upon effective day of employment” in Exhibit A to the Offer Letter shall be deleted and replaced with “on August 25, 2021.”
2. Remainder of Offer Letter in
Full Force and Effect. The remaining terms of the Offer Letter, except as specifically amended herein, shall remain in full force and effect.
[Signature page follows]
IN WITNESS WHEREOF, the parties hereto have caused this First Amendment to Xxxx X. XxXxxxxx Offer Letter to be executed as of the date
first above written.
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By:
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/s/ Xxxxx X. Xxxx
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Name:
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Xxxxx X. Xxxx
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Title:
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Vice President, Human Resources
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By:
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/s/ Xxxx X. XxXxxxxx
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Name:
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Xxxx X. XxXxxxxx
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[Signature page to First Amendment to Xxxx X. XxXxxxxx Offer Letter]
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