EXHIBIT 10(B)
INTERTAN, INC.
DEFERRED COMPENSATION PLAN
Date: September 12, 2000
ADDENDUM NO. 1 TO PLAN AGREEMENT
To: XXXXX X. XXXXXXXXX
As stipulated in section 2 of your plan agreement dated November 10, 1997
(the "Plan Agreement"), the Plan Benefit Amount as defined in the Deferred
Compensation Plan (the "Plan") may be amended from time to time by the execution
by you and InterTAN, Inc. of an addendum instrument that states the changed
amount of the Plan Benefit Amount and the date of such change.
Accordingly, effective the date hereof, the Plan Benefit Amount as set out
in the Plan Agreement is hereby changed to U.S. $2,030,000.
All other terms and conditions of the Plan and Plan Agreement remain
unamended. Any capitalized terms used herein that are not specifically defined
shall have the meaning attributed to them in the Plan.
Please signify your acceptance of this change to your Plan Benefit Amount
by signing and returning the enclosed copy of this Addendum to Xxxxxxx X. Xxxxx
on or before thirty (30) days from the date hereof. If you do not sign and
return such copy within the above time period, then the Plan Benefit Amount
shall remain unchanged.
Yours very truly,
INTERTAN, INC.
By: s/s Xxxxxxx X. Xxxxx
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Xxxxxxx X. Xxxxx
Vice President, Secretary & General
Counsel
ACCEPTED THIS 13 day of September, 2000.
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s/s Xxxxx X. Xxxxxxxxx
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Xxxxx X. Xxxxxxxxx