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EXHIBIT 10.20.2
[LOGO] Nextel Communications, Inc.
0000 Xxxx Xxxxxx Xx.
XxXxxx, XX 00000
000-000-0000
March 24, 1998
Xx. Xxxxxx X. Xxxxxxx
0000 Xxxx Xxxxx
XxXxxx, Xxxxxxxx 00000
Re: Employment Agreement
Dear Xx. Xxxxxxx:
This letter is intended to memorialize the basic terms of certain
agreed amendments to the terms of the Employment Agreement, effective on and as
of March 5, 1996 ("Employment Agreement"), currently in place between you and
Nextel Communications, Inc. ("Nextel").
Specifically, we have agreed that Paragraph 3 of the Employment
Agreement shall be changed to read in its entirety as follows:
"3. Term. The term of this Employment Agreement shall
commence on the date hereof (the "Commencement Date") and, unless
terminated earlier pursuant to paragraph 10 hereof, shall continue
through March 5, 1999 (the "Initial Term"), and thereafter shall
continue unless and until such time as (i) either party hereto
notifies the other, upon 60 days prior written notice, that this
Employment Agreement will be terminated at the end of the Initial Term
or the later expiration of such 60 day notice period, or (ii)
Executive's employment is otherwise terminated pursuant to paragraph
10 hereof (the "Extended Term") (the Initial Term, together with the
Extended Term, if any, being referred to herein as the "Employment
Term")."
The amendments to the Employment Agreement set forth above shall take
effect immediately upon your execution of the enclosed duplicate copy of this
letter, and thereafter all references in the Employment Agreement shall be
deemed a reference to the Employment Agreement, as amended by this letter.
Except as specifically set forth herein, the Employment Agreement is not
modified or changed in any respect, and is confirmed by each of us to continue
in full force and effect as amended hereby.
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To signify your agreement with the foregoing, please sign and return
the enclosed duplicate copy of this letter, keeping a fully executed original
copy for your files.
Very truly yours,
NEXTEL COMMUNICATIONS, INC.
/s/Xxxxxx X. Xxxxxx
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Xxxxxx X. Xxxxxx
Vice President
Agreed:
/s/Xxxxxx X. Xxxxxxx
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Xxxxxx X. Xxxxxxx