EXHIBIT 10(C)(1)
Playtex Products, Inc.
000 Xxxxx Xxxxx Xxxx
Xxxxxxxx, Xxxxxxxxxxx 00000
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Xxxxxxx X. Xxxx
Executive Vice President
Chief Financial Officer
000 000-0000
Fax: 000 000-0000
August 17, 1999
Xx. Xxxx X. Xxxxxx
000 Xxxx Xxxx Xxxx
Xxxxxxxx, XX 00000
Dear Xxxx:
This letter serves to amend the Consulting Agreement dated January 30, 1993
between you and Playtex Products, Inc. in accordance with your request that we
waive the final five quarterly Consulting Fees of $62,500 in return for an
extension of the period for which Playtex pays for your office, secretary, and
secretarial support until August 31, 2004.
Our agreement assumes the following: 1) Your office rent will not exceed $16,500
per year, 2) annual increases in the cost of your secretarial support will not
exceed 3% per year from the 1999 level of $48,700, and 3) your secretary will
not participate in the Playtex medical plan after August 1, 1999. All other
terms of the Consulting Agreement will remain in place.
If you concur with these revisions, please sign where indicated below and return
one of the signed copies to me.
Sincerely,
/S/XXXXXXX X. XXXX
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Xxxxxxx X. Xxxx
Executive Vice President and
Chief Financial Officer
Agreed and Accepted:
/S/ XXXX X. XXXXXX
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Xxxx X. Xxxxxx
