EXHIBIT 10.5
Genesis Energy, L.L.C.
Xxxx X. Xxxxx
General Counsel & Corporate Secretary
October 29, 1999
Xxxx Xxxxx
00000 Xxxxxxx Xxxxx Xx.
Xxxxxxx, XX 00000
Re: Employment Agreement between Xxxx Xxxxx and Genesis Energy, L.L.C.
Dear Xxxx,
Pursuant to the terms of the Employment Agreement (hereinafter
"Agreement") between yourself and Genesis Energy, L.L.C., Genesis
hereby provides notice that it is electing to exercise its option
to extend the Agreement for two years (the "First Extension
Term") up to and including December 31, 2001. The Agreement
provides for a compensation increase of 1.05 times your current
base compensation. Such increase shall be effective with the
start of the First Extension Term on January 1, 2000. If you
have any questions please do not hesitate to contact my office.
Sincerely,
/s/ Xxxx X. Xxxxx
Xxxx X. Xxxxx
cc: Xxx Xxxxxxx
