Exhibit 10(iii)(A)(vi)
SUPPLEMENTAL AGREEMENT
SUPPLEMENTAL AGREEMENT made as of March 31, 2003 by and between The
Interpublic Group of Companies, Inc., a corporation of the State of Delaware
(hereinafter referred to as the "Corporation"), and XXXX XXX (hereinafter
referred to as "Executive").
W I T N E S S E T H;
WHEREAS, the Corporation and Executive are parties to an Employment
Agreement made as of April 27, 1999 and as amended by Supplemental Agreement
made as of April 1, 2000 and November 7, 2002 (hereinafter referred to 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. Section 5.02 of the Employment Agreement is hereby amended to
read in its entirety as follows: " "Executive has been granted (i) an award for
the 2003-2005 performance period under Interpublic's Long Term Performance
Incentive Plan ("LTPIP") equal to Twelve Thousand (12,000) performance units
tied to the cumulative compound growth of Interpublic and (ii) during 2003,
options under Interpublic's Stock Incentive Plan to purchase One Hundred Six
Thousand Twenty-five (106,025) shares of Interpublic common stock which may not
be
exercised in any part prior to the end of the performance period and thereafter
shall be exercisable in whole or in part".
2. Except as herein above 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 /s/Xxxxx Xxxxxx
Xxxxx Xxxxxx
By: /s/Xxxx Xxx
Xxxx Xxx
Signed as of: 4/11/03
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