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EXHIBIT 5
FORM OF
AMENDMENT TO EMPLOYMENT AGREEMENT
This Amendment, made and entered into as of the day of July, 1997, amends
the Employment Agreement dated as of March 15, 1990 (the "Agreement") by and
between Exide Electronics Group, Inc. and Exide Electronics Corporation
(collectively "Exide"), Delaware corporations, and Xxxxxxx X. Xxxxx
("Employee").
1. Section 7 of the Agreement is hereby amended to read in its entirety as
follows:
The Severance Contract by and between Exide Electronics Group, Inc.
and Employee, effective the day of July, 1997, (the "Severance
Contract") is hereby incorporated into, and made a part of, this Agreement.
In the event Employee shall be entitled to severance payments pursuant
to the Severance Contract, then such severance payments shall be in lieu
of, and not in addition to, the severance payments provided for in Sections
3(d)(i) and 3(d)(ii) of this Agreement.
2. The Agreement is in all other respects ratified and confirmed without
amendment.
IN WITNESS WHEREOF, this Amendment has been duly executed by the parties
hereto as of the day and year first written above.
By
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Authorized Officer
EXIDE ELECTRONICS GROUP, INC.
EXIDE ELECTRONICS CORPORATION
By
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Xxxxxxx X. Xxxxx
