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Exhibit 10.41
November 20, 1995
[Executive Officer]
Dear [Executive Officer]:
This letter amends that certain Letter Agreement dated [date] between
you and Wang Laboratories, Inc. ("WLI") pursuant to which you are employed by
XXX (the "Employment Letter"). WLI has agreed with you that the Employment
Letter is hereby amended as follows:
1. Paragraph 2 of the Employment Letter is deleted in its entirety and the
following paragraph is added in substitution thereof:
The terms and conditions of this letter will be in full force and
effect and continue until December 31, 1998 (the "End Date"), unless
otherwise terminated as provided in paragraph 4 below, and will provide
you with one (1)-year of severance benefits if your employment with the
Company is terminated at any time, as described in paragraph 4 below,
prior to the End Date. Upon the occurrence of the End Date, your
employment status will be at-will. All other terms and conditions of
this letter will remain in effect after the End Date, subject to Xxxx'x
right to review them and make adjustments as appropriate.
2. Paragraph 3(a) of the Employment Letter is deleted in its entirety and
the following paragraph is added in substitution thereof:
Your annual base salary will be $[ ] (payable semi-monthly) for
Fiscal Year 1996 and you will be eligible to participate in a yearly
bonus plan targeted at [ ]% of your base salary, depending on your
performance plan against the goals specified in the plan. Your salary
and bonus will be reviewed yearly for possible upward adjustments at the
discretion of the Company.
The Employment Letter is hereby ratified and confirmed, except as
expressly modified herein.
WANG LABORATORIES, INC.
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[Executive Officer] Xxxxxx X. Xxxxx
