SUPPLEMENTAL AGREEMENT
SUPPLEMENTAL AGREEMENT made as of June 1, 1986, by and
between THE INTERPUBLIC GROUP OF COMPANIES, INC., a corporation
of the State of Delaware (hereinafter referred to as the
"Corporationn"), and XXXX X. XXXXXX, XX. (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 August 1, 1984 and
Supplemental Agreements made as of June 1, 1985 and December 1,
1985 (hereinafter referred to collectively as the "Employment
Agreementn"), 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. Section 3.01 of the Employment Agreement is hereby
amended, effective as of June 1, 1986, so as to delete
"$150,000" and to substitute therefor "$160,000".
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
Xxxx X.Xxxxxx, Xx.