Exhibit 10.7
April 8, 2002
Xxxxxxx X. Xxxxxxxxxx, Esq.
00 Xxxxxx Xxxx
Xxxxx Xxxxx, XX 00000
Re: Amendment to Employment Agreement of Xxxxxxx X. Xxxxxxxxxx
Dear Xxxx:
The Employment Agreement (the "Agreement"), made and entered into as of
the 1st day of November 2000, by and between The Great Atlantic & Pacific Tea
Company, Inc. (the "Company") and Xxxxxxx X. Xxxxxxxxxx (the "Employee") is
hereby amended as follows:
1.) Effective as of October 1, 2001, your base salary was increased from
$335,000 to $355,000; and
2.) Effective February 25, 2002, all references in the Agreement to the
Employee reporting to the "Vice Chairman and Chief Financial Officer" are
hereby amended to read "the Chairman and Chief Executive Officer."
Except as indicated above, the Agreement, its terms and conditions, shall
remain in full force and effect.
If the terms outlined above, and the changes to your Agreement are
acceptable, please sign below, and return an original executed copy of this
letter agreement. Upon execution of this letter agreement, the Agreement shall
be deemed amended in accordance with Section 28 thereof.
Sincerely,
The Great Atlantic & Pacific Tea Company, Inc.
By: /s/Xxxxxxxxx Xxxx
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Xxxxxxxxx Xxxx
Agreed to and accepted this 30th day
of April, 2002
/s/ Xxxxxxx X. Xxxxxxxxxx
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Xxxxxxx X. Xxxxxxxxxx
