AMENDMENT NO. 1 TO SENIOR MANAGEMENT AND KEY EMPLOYEE SEVERANCE AGREEMENT
EXHIBIT
10.2
AMENDMENT
NO. 1 TO
SENIOR
MANAGEMENT AND KEY EMPLOYEE
SEVERANCE
AGREEMENT
This
Amendment No. 1 to Senior Management and Key Employee Severance Agreement
("Amendment"), dated as of December 10, 2007, is made and entered into by and
between Computer Sciences Corporation, a Nevada corporation (the "Company"),
and
Xxxxxxx X. Xxxxxx (the "Executive") for the purpose of amending the Senior
Management and Key Employee Severance Agreement, dated as of
August 11, 2003, by and between the Company and the Executive (the
"Severance Agreement").
WHEREAS,
the Company and the Executive have entered into a Management Agreement dated
as
of September 10, 2007 (the "Management Agreement");
WHEREAS,
as reflected in Section 6 of the Management Agreement, the Company has
designated the Executive as a member of Group A under the terms of the Computer
Sciences Corporation Senior Management and Key Employee Severance Plan,
effective September 10, 2007 (the "Designation"); and
WHEREAS,
in order to effectuate the Designation, the Company and the Executive desire
to
enter into this Amendment;
NOW,
THEREFORE, in consideration of the foregoing, and for other good and valuable
consideration, the receipt and sufficiency of which is hereby acknowledged,
the
parties hereto hereby agree that the second and third sentences of Section
1 of
the Severance Agreement, which currently read in their entirety as
follows:
"The
Executive is hereby designated a member of Group B under the Plan and shall
be
entitled to all of the rights and benefits applicable to employees of the
Company in such Group under the Plan. The Company agrees to be bound
by the Plan and to provide to the Executive all of the benefits provided to
employees of the Company who are members of Group B under the Plan subject
to
the terms and conditions of the Plan."
are
hereby amended to read in their entirety as follows:
"The
Executive is hereby designated a member of Group A under the Plan and shall
be
entitled to all of the rights and benefits applicable to employees of the
Company in such Group under the Plan. The Company agrees to be bound
by the Plan and to provide to the Executive all of the benefits provided to
employees of the Company who are members of Group A under the Plan subject
to
the terms and conditions of the Plan."
IN
WITNESS WHEREOF, the parties have executed this Amendment as of the date first
above written.
COMPUTER
SCIENCES CORPORATION
|
EXECUTIVE
|
||
By:
|
/s/
Xxxxxxx X. Xxxx
|
/s/
Xxxxxxx X. Xxxxxx
|
|
Xxxxxxx
X. Xxxx
|
Xxxxxxx
X. Xxxxxx
|
||
(Address
for Notice)
|
|||
(Designated
Beneficiary)
|
|||
(Address
for Beneficiary)
|
2