SUPPLEMENTAL AGREEMENT
SUPPLEMENTAL AGREEMENT dated as of January 1, 1995, by and
between THE INTERPUBLIC GROUP OF COMPANIES, INC., a corporation
of the State of Delaware (hereinafter referred to as the
"Corporation"), and XXXXX X. XXXXXX (hereinafter referred to as
"Executive").
W I T N E S S E T H
WHEREAS, the Corporation and Executive are parties to an
Employment Agreement dated as of January 1, 1991, and a
Supplemental Agreement dated as of August 15, 1992 (hereinafter
collectively referred to as the "Employment Agreement"); and
WHEREAS, the Corporation and Executive desire to amend the
Employment Agreement;
NOW, THEREFORE, in consideration of the mutual promises
herein and in the Employment Agreement set forth, the parties
hereto, intending to be legally bound, agree as follows:
1. Paragraph 3.01 of the Employment Agreement is amended,
effective January 1, 1995, so as to delete "Two Hundred
Five Thousand Dollars ($205,000)" and substitute "Two
Hundred Twenty-Five Thousand Dollars ($225,000)"
therefor.
2. Except as hereinabove amended, the Employment Agreement
shall continue in full force and effect.
3. This Supplemental Agreement shall be governed by the
laws of the State of New York.
THE INTERPUBLIC GROUP OF COMPANIES, INC.
By C. Xxxx Xxxxxxx
Xxxxx Xxxxxx
