EXHIBIT (e)
SUPPLEMENTAL AGREEMENT
SUPPLEMENTAL AGREEMENT made as of March 1, 1998, 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. XXXX (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 made as of January 1, 1996 (hereinafter
referred to as the "Agreement"); and
WHEREAS, the Corporation and Executive desire to amend the
Agreement;
NOW, THEREFORE, in consideration of the mutual promises
herein and in the Agreement set forth, the parties hereto,
intending to be legally bound, agree as follows:
1. Section 3.01 of the Agreement is hereby amended, effective
March 1, 1998, so as to delete "$750,000" and to substitute
therefor "$850,000."
2. Except as hereinabove amended, the 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: /S/ C. XXXX XXXXXXX
/S/ C. XXXX XXXXXXX
/S/ XXXXX X. XXXX
/S/ XXXXX X. XXXX