Letter, dated April 1, 2007, amending the Employment Agreement between Yuasa, Inc. and Michael T. Philion EnerSys JOHN D. CRAIG Chairman, President & CEO
Exhibit 10.14
Letter, dated April 1, 2007, amending the Employment Agreement between Yuasa, Inc. and Xxxxxxx X. Xxxxxxx
XXXX X. XXXXX
Chairman, President & CEO
April 1, 2007
Xx. Xxxxxxx X. Xxxxxxx
| c/o | EnerSys |
| 0000 Xxxxxxxxx Xxxx |
| Reading, PA 19605 |
Dear Xxxx:
With reference to your employment agreement (the “Employment Agreement”) with EnerSys Delaware Inc., f/k/a Yuasa, Inc., (the “Company”), dated November 9, 2000, pursuant to which you are currently employed as Executive Vice President Finance and Chief Financial Officer of the Company, the Compensation Committee of the Board of Directors of the Company has approved your salary as set forth in Section 3 of the Employment Agreement is increased to $377,000.00, effective as of April 1, 2007.
Except as expressly set forth in the letter, the Employment Agreement shall remain in full force and effect.
| By: | ||
| Xxxx X. Xxxxx | ||
| Chairman, President & Chief Executive Officer | ||
JDC:jls
