Exhibit 10.16
English translation of
AMENDMENT TO THE EMPLOYMENT CONTRACT
BETWEEN:
Autocam France, a limited liability company with capital of #eu#
2,200,000, having its registered office at Zone Industrielle des Pchons, 294
Promenade de l'Arve, 74300 Thiez, registered in the Registry of Companies and
Commerce of Bonneville under no. B 420 291 411, represented by Xxxx X. Xxxxxxx,
duly authorized,
hereinafter, "the Company"
in the first part,
AND
Xxxxx Xx Xxxx, a French national, born on June 25, 1962 at Saint Germain
en Laye (78), residing at Xx Xxxxxxx, 00000 Xxxxxxxx,
hereinafter, the "Employee"
in the second part.
This amendment is intended to clarify and complete the contents of Article 5.4
of the employment contract for Xx. Xx Xxxx concerning the reimbursement of
various costs by SARL Autocam France. It is agreed that SARL Autocam France will
pay all relocation costs for Xx. Xx Xxxx, including:
- costs of lodging and food at Marnaz, as well as weekly travel costs
to visit his family so long as they have not yet moved, until July
31, 2002 at the latest;
- moving costs, on presentation of appropriate receipts;
- realtors costs, on presentation of appropriate receipts; and
- notarial fees, including the provisions for purchase costs and a
mortgage, on presentation of appropriate receipts.
Done in three copies at Thyez
June 4, 2002
For Autocam France SARL
/sgn/ /sgn/
Xxxx Xxxxxxx Xxxxx Xx Xxxx
Manager
