EXHIBIT 10.45 - ADDENDUM TO EMPLOYMENT AGREEMENT
This Addendum (the "Addendum") is made effective as of the 12th day of
December, 2001 and is intended to amend a certain Employment Agreement (the
"Agreement") by and between Erie Indemnity Company and Xxxx X. Xxxxxxxx, Xx.
effective as of December 16, 1997.
WHEREAS, the Company has determined that it is in the best interest of
the Company and its Shareholders to secure the continued employment of the
Executive in accordance with the terms of the Agreement; and
WHEREAS, the Board of Directors of the Company has previously
considered and agreed to extend the term of the Agreement from its original
term; and
WHEREAS, the Board of Directors of the Company at its meeting of
December 11, 2001 has again agreed to extend the term of the Agreement for a
period of one (1) additional year as contained herein; and
WHEREAS, the Executive is agreeable to the extension of the Agreement.
NOW, THEREFORE, intending to be legally bound hereby, the parties agree
as follows:
1. Paragraph 1 of the Agreement with respect to the Term is hereby
amended by extending the Term to expire on December 15, 2003.
2. All other terms and conditions of the Agreement remain in full
force and effect.
ATTEST: ERIE INDEMNITY COMPANY
/s/ Xxx X. Xxx Xxxxxx By: /s/ F. Xxxxxxx Xxxx
Xxx X. Xxx Xxxxxx F. Xxxxxxx Xxxx
Secretary Chairman of the Board
WITNESS:
/s/ Xxxxxx X. Xxxxxx /s/ Xxxx X. Xxxxxxxx Xx.
Xxxxxx X. Xxxxxx Xxxx X. Xxxxxxxx Xx.
Executive Secretary 0000 Xxxxxxxxx Xxxxx
Xxxx, XX 00000
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