EXHIBIT 10.65
[ABM INDUSTRIES INCORPORATED LETTERHEAD]
March 12, 2001
Xx. Xxxxxx Xxxxxxxxx
President and Chief Executive Officer
ABM Industries, Incorporated
000 Xxxxxxx Xxxxxx, Xxxxx 000
Xxx Xxxxxxxxx, Xxxxxxxxxx 00000
Re: First Amendment ("Amendment") of Division Executive
Employment Agreement dated November 1, 2000 ("Agreement")
Dear Xxxxxx,
Your Employment Agreement effective November 1, 2000, is hereby amended as
follows, pursuant to Resolution No. 00-036 of the ABM Industries Incorporated
Board of Directors (Resolved December 19, 2000):
Paragraph X. SPECIAL PROVISIONS
2. BONUS
(a) Such Bonus for each Fiscal Year shall be: (i) 0.0649% of
the Company's Profit plus (ii) 1.8176 % of the amount of
any increase in the Company's Profit over the previous
Fiscal Year's Profit, all on a pro-rata basis.
This Amendment shall be effective as of November 1, 2000. In all other respects
the Agreement shall remain unchanged.
Please sign both original copies of this letter, returning one to me and
retaining one fully executed original for your records.
Sincerely,
/s/ XXXXX X. DELL
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Xxxxx X. Xxxx, Esq.
Senior Vice President of Human Resources
and Chief Employment Counsel
I agree to the foregoing:
/s/ XXXXXX X. XXXXXXXXX Dated: 3/12/01
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Xxxxxx X. Xxxxxxxxx
New York Stock Exchange Symbol: ABM