EXHIBIT 10(l)
SUPPLEMENTAL AGREEMENT
SUPPLEMENTAL AGREEMENT made as of September 1, 1997, by
and between THE INTERPUBLIC GROUP OF COMPANIES, INC., a
corporation of the State of Delaware (hereinafter referred to as
the "Corporation"), XXXXXXXX & PURIS INC., now XXXXXXXX XXXXX
LINTAS INC , a corporation of the State of New York ("APL") and
XXXXXX X. XXXXX (hereinafter referred to as "Executive"):
W I T N E S S E T H
WHEREAS, Interpublic, APL and Executive are parties to an
Employment Agreement made as of August 11, 1994 as amended by a
Supplemental Agreement made as of May 10, 1995 (hereinafter
referred to collectively as the "Employment Agreement"); and
WHEREAS, the Corporation and Executive desire to amend the
Employment Agreement;
NOW, THEREFORE, in consideration of the mutual promises
herein and in the Employment Agreement set forth, the parties
hereto, intending to be legally bound, agree as follows:
1. Paragraph 3.01 of the Employment Agreement is hereby
amended, effective June 1, 1997, so as to delete
"$750,000" and to substitute therefor "$850,000."
2. Except as hereinabove amended, the Employment Agreement
shall continue in full force and effect.
3. This Supplemental Agreement shall be governed by the
laws of the State of New York.
THE INTERPUBLIC GROUP OF COMPANIES, INC.
By: C. Xxxx Xxxxxxx
XXXXXXXX XXXXX LINTAS INC.
By: Xxxxxx X. Xxxxx