1
Exhibit 10.24
[XXXXX XXXXXXXXXX]
April 13, 1995
TO: Xxxxxxx X. Xxxxxxx
RE: Change in Control Agreement
Dear Xxxx:
This letter has reference to the letter agreement dated April 7, 1995
between you and Xxxxx concerning Maxus' obligations under that certain Change
in Control Agreement dated June 1, 1992. You and Xxxxx are engaged in
discussions concerning your possible employment beyond the June 30, 1995 date
specified in said letter. In order to facilitate such discussions, you and
Xxxxx have mutually agreed to extend the date by which Xxxxx must pay you
severance compensation as contemplated in said letter agreement until July 3,
1995. Except as modified as to the payment date by the preceding sentence,
Xxxxx' obligations under said April 7 letter agreement remain in full force and
effect.
Please indicate your agreement to the foregoing by signing and
returning a copy of this letter.
MAXUS ENERGY CORPORATION
/s/ XXXX X. XXXXXX
Xxxx X. Xxxxxx, Vice President
AGREED TO
APRIL 13, 1995
/s/ XXXXXXX X. XXXXXXX
-------------------------------
Xxxxxxx X. Xxxxxxx