Exhibit 10.29
September 8, 2005
Xxxx X. Xxxxxx
Re: Executive Employment Agreement between Ameritrade Holding Corporation
("Ameritrade") and Xxxx X. Xxxxxx, effective February 1, 2004 (the
"Agreement")
Dear Xxxx:
Your Agreement has a term ending on September 9, 2005. You and Ameritrade
have agreed to extend the Term of your Agreement for a twelve month period to
September 9, 2006. All of the rights and obligations will continue in full force
and effect through September 9, 2006. For purposes of clarification only, any
right to renew the Agreement is satisfied by this Renewal and there is no right
to renew the Agreement further unless agreed upon by both parties in writing, as
evidenced by a document similar to the one herein being signed. Accordingly,
Section 6 (e) (vi) of the Agreement is fully satisfied and is no longer in
effect.
Please indicate your agreement to this extension by signing the letter in
the space below and return one fully signed letter to me. We will countersign
and provide you a copy for your records.
Very truly yours,
AMERITRADE HOLDING CORPORATION
By: /S/ XXX X. XXXXXX
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Xxx X. Xxxxxx
Chief Executive Officer
Understood and Agreed
/S/ XXXX X. XXXXXX 9/8/05
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Xxxx X. Xxxxxx
