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EXHIBIT 10.21
February 19, 1999
Mr. M. Xxxxxxx Xxxxxxx
000 Xxxxx Xxxxxxxx Xxxxxx
Xxxxxxxxx, XX 00000
Dear Xx. Xxxxxxx:
This letter amends the supplemental agreement dated April 24, 1997 (the
"Supplemental Agreement") between Venator Group, Inc. (formerly Woolworth
Corporation), a New York corporation, and you, as follows.
1. The reference in the first paragraph of the Supplemental Agreement to
the Senior Executive Severance Agreement dated April 24, 1997 is
hereby amended to refer to the Senior Executive Severance Agreement
dated as of February 19, 1999.
2. Paragraph 5 of the Supplemental Agreement is hereby amended to read in
its entirety as follows: "Clause (iv) of Section 1(k) of the Agreement
shall not apply to the discretionary bonus based on individual
performance standards provided for under the terms of your
employment."
All provisions of the Supplemental Agreement not expressly amended hereby shall
remain unmodified and unamended and the entire Supplemental Agreement, as
amended hereby, shall continue in full force and effect in accordance with the
terms of the Supplemental Agreement.
VENATOR GROUP, INC.
By:/s/ Xxxx X. Xxxxxxxxx
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Senior Vice President-
Human Resources
ACCEPTED AND AGREED:
/s/ M. Xxxxxxx Xxxxxxx
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M. Xxxxxxx Xxxxxxx
February 25, 1999
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Date
