EXHIBIT 10.16
AGREEMENT TO EXTEND
EXECUTIVE EMPLOYMENT AGREEMENT
THE UNDERSIGNED HEREBY AGREE to extend the Executive Employment
Agreement, dated November 1, 1998, between them (as later amended and
extended, the "Agreement"), until the later of October 31, 2000 or one
year after the ocurrence of a Change in Control of the Company (as defined
in the Agreement), in the event of a Change in Control of the Company shall
have occurred on or prior to October 31, 2000.
IN WITNESS WHEREOF, the undersigned have executed this instrument
as of the 31st day of October, 1997.
TBC CORPORATION
By /s/ Xxxxx X. XxXxxxxx
Xxxxx X. XxXxxxxx,
President and Chief Executive Officer
/s/ Xxxxxx X. XxXxxxxxxx
XXXXXX X. XxXXXXXXXX
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