ADDENDUM TO SENIOR EXECUTIVE TERMINATION BENEFITS AGREEMENT
EXHIBIT 10.2
ADDENDUM
TO
THIS _________ ADDENDUM TO SENIOR EXECUTIVE
TERMINATION BENEFITS AGREEMENT (this “Addendum”) dated as of __________,
200__ is made and entered into by and between Darling International Inc., a
Delaware corporation (the “Company”), and ____________ (the
“Executive”).
W I T N E S S E T H:
WHEREAS, the Company and the Executive
entered into that certain Senior Executive Termination Benefits Agreement dated
as of __________, 200__ (the “Agreement”); and
WHEREAS,
the Agreement terminates on __________, 200__; and
WHEREAS,
the Company and Executive desire to extend the term of the Agreement for an
additional one year period;
NOW, THEREFORE, for and in
consideration of the mutual covenants and agreements contained herein, and other
valuable consideration, the receipt and sufficiency of which are hereby
acknowledged, the Company and the Executive do hereby agree to the
following:
A G R E E M E N T:
1. Amendment of Termination
Date. The termination date set forth in Section 9 of the
Agreement shall be extended by a period of one year so that the Agreement shall
now terminate on __________, 200__.
2. Defined
Terms. Capitalized terms used but not defined in this Addendum
shall have the same meanings assigned to them in the Agreement.
3. No Other
Amendment. Only the termination provision of the Agreement has
been modified and extended by this Addendum. All other terms and
conditions of the Agreement are ratified and remain in full force and
effect.
IN WITNESS WHEREOF, the Company and the
Executive have executed this Addendum on the dates set forth below.
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COMPANY:
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EXECUTIVE:
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By:
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Name:
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[Name
of Executive]
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Title:
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Date
of Signing:
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Date
of Signing:
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