SUPPLEMENTAL AGREEMENT
SUPPLEMENTAL AGREEMENT dated as of January 1, 1996, by and
between THE INTERPUBLIC GROUP OF COMPANIES, INC., a corporation
of the State of Delaware (hereinafter referred to as the
"Corporation"), and XXXXX X. XXXXXX (hereinafter referred to as
"Executive").
W I T N E S S E T H
WHEREAS, the Corporation and Executive are parties to an
Employment Agreement dated as of January 1, 1991, a Supplemental
Agreement dated as of August 15, 1992, and a Supplemental
Agreement dated as of January 1, 1995 (hereinafter collectively
referred to as the "Employment Agreement")' and
WHEREAS, the Corporation and Executive desire to amend the
Employment Agreement;
NOW, THEREFORE, in consideration of the mutual promises
herein and in the Employment Agreement set forth, the parties
hereto, intending to be legally bound, agree as follows:
1. Paragraph 1.01 of the Employment agreement is amended,
effective January 1, 1996, so as to delete "and ending
on December 31, 1995" and substitute "and ending on
December 31, 2000" therefor.
2. Except as hereinabove amended, the Employment Agreement
shall continue in full force and effect.
3. This Supplemental Agreement shall be governed by the
laws of the State of New York.
THE INTERPUBLIC GROUP OF COMPANIES, INC.
BY: C. Xxxx Xxxxxxx
Xxxxx Xxxxxx