EXHIBIT 10.33
EMPLOYMENT AGREEMENT AMENDMENT
This Employment Agreement Amendment ("Amendment") is entered into as of this
20th day of January, 2000 by and between SEALY CORPORATION, a Delaware
corporation (the "Company"), and Xxxxx X. Xxxxxx (the "Employee").
WHEREAS, the Company and the Employee have previously entered into an Employment
Agreement (the "Agreement") dated August 1, 1997;
WHEREAS, since the date of the Agreement, the Employee has moved from Canada to
the United States and is now paid in U.S. Dollars;
WHEREAS, both the Company and the Employee now desire to amend the Agreement as
set forth below;
NOW, THEREFORE, the Company and the Employee hereby agree as follows:
Subsection 3 (a) of the Agreement is hereby is amended by deleting the
words "at the initial rate of Two Hundred Forty Thousand Five Hundred
Canadian Dollars (CDN $249,500.00)" and inserting in their place the
following words "of at least Two Hundred Thousand U.S. Dollars (US
$200,000.000)".
IN WITNESS WHEREOF, the Company and the Employee have executed this Agreement as
of the day and year first written above.
SEALY CORPORATION EMPLOYEE
By // Xxxxxxx X. Xxxxxx // Xxxxx X. Xxxxxx
--------------------------------- ------------------
Name: Xxxxxxx X. Xxxxxx Xxxxx X. Xxxxxx
Title: Vice President, General Counsel
& Secretary