Form Waiver of Certain Employment Agreement Provisions by each of Christopher J. Kearney, Jeremy W. Smeltser, Robert B. Foreman, David A. Kowalski, Kevin L. Lilly, and J. Michael Whitted December 2, 2013 Mr. [name] [title] SPX Corporation 13320...
Exhibit 10.7
Form Waiver of Certain Employment Agreement Provisions by each of Xxxxxxxxxxx X. Xxxxxxx, Xxxxxx X. Xxxxxxxx, Xxxxxx X. Xxxxxxx, Xxxxx X. Xxxxxxxx, Xxxxx X. Xxxxx, and J. Xxxxxxx Xxxxxxx
December 2, 2013
Mr. [name]
[title]
SPX Corporation
00000 Xxxxxxxxxx Xxxxxxxxx Xxxxx
Xxxxxxxxx, XX 00000
RE: Waiver of Certain Perquisites
Dear [ ]:
This letter constitutes my waiver of the right to receive the following perquisites, effective for all costs incurred after December 31, 2013, notwithstanding any contrary language contained in my employment agreement, change of control agreement or any other agreement with SPX Corporation: (i) my automobile allowance and (ii) my reimbursement for club dues and membership fees.
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Sincerely, |
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[name] |
Agreed and accepted on behalf of SPX Corporation: |
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December 2, 2013 |
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