SUPPLEMENTAL AGREEMENT
SUPPLEMENTAL AGREEMENT made as of July 1, 1996, by and
between THE INTERPUBLIC GROUP OF COMPANIES, INC., a corporation
of the State of Delaware (hereinafter referred to as the
"Corporation"), and XXXXXX X. XXXXX, XX. (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 July 1, 1991, and a Supplemental
Agreement made as of October 1, 1991, (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. Section 1.01 of the Employment Agreement is hereby
amended effective July 1, 1996, so as to delete "ending
on June 30, 1996" and to substitute therefor "ending on
June 30, 2001."
2. Except as hereinabove amended, the Employment
Agreement shall continue in full force and effect.
PAGE
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
XXXXXX X. XXXXX, XX.
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