EXHIBIT 10.19
July 20, 2000
Xx. Xxxxxxxx Xxxxxxxxxx
President Girls/Barbie
Mattel, Inc.
000 Xxxxxxxxxxx Xxxxxxxxx
Xx Xxxxxxx, Xxxxxxxxxx 00000-0000
Re: Amendment to Your Employment Agreement
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Dear Xxxxxxxx:
Pursuant to action taken by Mattel's Executive/Finance Committee of the
Board of Directors of Mattel, Inc. on April 4, 2000, this letter agreement
constitutes an amendment to your Employment Agreement with Mattel.
Notwithstanding Section 5.4 of the Supplemental Executive Retirement Plan
(the "Plan"), in the event that your employment with Mattel is terminated (i) by
Mattel without Cause (as defined in your Employment Agreement) or (ii) by you
for Good Reason (as defined in your Employment Agreement) after you have
attained fifty-two years of age, your benefits under the Plan shall be fully
vested.
I would appreciate it if you would sign, date and return a copy of this
letter agreement to me. As such, it will constitute a written amendment to your
Employment Agreement.
Sincerely yours,
MATTEL, INC.
By /s/ Xxxx Xxxx
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Xxxx Xxxx, Senior Vice President
Human Resources & Administration
Agreed to and accepted by:
/s/ Xxxxxxxx Xxxxxxxxxx
________________________ Dated: July 23, 2000
Xxxxxxxx Xxxxxxxxxx -------
