The Forschner Group, Inc.
Xxx Xxxxxxxx Xxxxx
Xxxxxxx, Xxxx. 00000-0000
October 25, 1995
Mr. Xxxxx Xxxxxxxx
000 Xxxx 00xx Xxxxxx
Xxx. 0X
Xxx Xxxx, Xxx Xxxx 00000
Dear Xxxxx:
Please refer to that certain letter agreement between
yourself and Forschner dated February 15, 1995. We hereby agree to extend the
period of time during which Forschner agrees to pay your salary by one year by
amending the second sentence of the letter agreement to read in its entirety as
follows:
"Therefore, we hereby agree that Forschner will continue to
pay you a monthly salary at the annual rate of $200,000,
less required deductions, for the 36 months beginning on
January 1, 1995 subject only to the following condition."
If this letter meets with your understanding of our mutual
agreement, would you please so indicate by signing the enclosed copy and
returning it to us.
Sincerely,
THE FORSCHNER GROUP, INC.
By:
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Accepted and Agreed:
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Xxxxx Xxxxxxxx