EXHIBIT 10.2
ELEVENTH AMENDMENT TO EMPLOYMENT AGREEMENT
This Eleventh Amendment to Employment Agreement is made and entered into
as of January 1, 1997, by and between Xxxxxx Half International Inc.
(formerly Xxxxxx Financial Corporation), a Delaware corporation,
("Corporation") and Xxxxxx X. Xxxxxxx, Xx. ("Officer").
1. Section 2.1(d) of the Employment Agreement is amended by replacing
the words "Section 8.1 of Corporation's 1985 Stock Option Plan ("Option
Plan")" with the words "the Corporation's 1993 Incentive Plan".
2. The last sentence of Section 3.1 of the Employment Agreement dated
as of October 2, 1985, as amended, between Corporation and Officer (the
"Employment Agreement") is hereby amended to read in its entirety as follows:
"Effective as of January 1, 1997, the Base Salary shall in no event be
less than $500,000 per annum."
3. Section 3.2 of the Employment Agreement is amended by deleting the
words "of up to 100% of Officer's Base Salary".
4. Section 3.4 of the Employment Agreement is amended by replacing the
words "Option Plan" with the words "1985 Stock Option Plan ("Option Plan")".
5. In all other respects, the Employment Agreement is hereby ratified
and confirmed.
IN WITNESS WHEREOF, the parties hereto have executed this agreement
effective as of the day and year first written above.
XXXXXX HALF INTERNATIONAL INC.
By /s/ M. Xxxxx Xxxxxxx
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M. Xxxxx Xxxxxxx
Senior Vice President
/s/ Xxxxxx X. Xxxxxxx, Xx.
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Xxxxxx X. Xxxxxxx, Xx.
