October 15, 2009 Mr. J. Bennett Johnston, Jr.
Exhibit
10.18
October
15, 2009
Xx. X.
Xxxxxxx Xxxxxxxx, Jr.
0000
Xxxxxx Xxxxx Xxxx
XxXxxx,
Xxxxxxxx 00000
Dear Xx.
Xxxxxxxx:
Supplemental
Agreement Providing an Extension to the
Consulting
Agreement of January 7, 1997
This
Supplemental Agreement refers to the consulting agreement of January 7, 1997
(the "Consulting Agreement"), as amended, with the undersigned, FM Services
Company (the "Company"), with respect to your performance of consulting services
for FM Services and its subsidiaries and affiliates (collectively with FM
Services, the "Freeport Entities").
By way of
this Supplemental Agreement, the Company would like to extend your Consulting
Agreement from January 1, 2010 through December 31, 2010. All other
terms and conditions of the Consulting Agreement, as amended, shall remain
unchanged.
Please
confirm that the foregoing correctly sets forth your understanding with respect
to this matter by signing both originals of this Supplemental Agreement and
returning one to me.
Very
truly yours,
/s/ Xxxxxxx X.
Xxxxxxxx
Xxxxxxx
X. Xxxxxxxx
Chairman
of the Board
FM
Services Company
AGREED
TO AND ACCEPTED
BY:
/s/ J. Xxxxxxx
Xxxxxxxx, Xx
J.
Xxxxxxx Xxxxxxxx, Xx.
DATE: 11/06/09