EXHIBIT 10.45.3
AMENDED
EXHIBIT A
to
EMPLOYMENT AGREEMENT
Entered into as of August 27, 1999 between
FEDERATED CORPORATE SERVICES, INC.
And
XXXXX X. XXXXXXXXX
(AMENDMENT AS OF DECEMBER 31, 2003)
(All capitalized terms used in this Exhibit have the meaning set forth in
Agreement)
The Employment Agreement, as previously amended, remains in effect in
all respects except as amended as provided below.
TERM AND DUTIES: Notwithstanding anything in the Agreement to the
contrary, effective at midnight on January 14, 2004,
Employee shall cease to serve as Chairman of the
Board of Federated and shall thereafter perform such
duties until the expiration of the Term on February
1, 2004 as may be requested by the Chief Executive
Officer of Federated. After the expiration of the
Term on February 1, 2004, Employee shall continue as
an unpaid, inactive employee of Federated though
March 31, 2004, and will be credited with vesting and
service through March 31, 2004 in accordance with the
terms of each of Federated's benefits programs in
which Employee was a participant as of February 1,
2004.
XXXXX X. XXXXXXXXX FEDERATED CORPORATE SERVICES, INC.
/s/ Xxxxx X. Xxxxxxxxx /s/ Xxxxxx X. Xxxxxxxxx
--------------------------- --------------------------------------
XXXXXX X. XXXXXXXXX
PRESIDENT
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