EXHIBIT 10.53
May 1, 2004
Mr. Xxxxxxx Xxxxx
Post Riverside Apts
0000 Xxxxxxxxx Xxxxxxx, XX
Xxx. 000
Xxxxxxx, XX 00000
Dear Xxxx:
This letter confirms our agreement with you regarding an amendment to your
employment agreement and is effective May 1, 2004. The other terms and
conditions of your employment agreement remain unchanged.
"When you are working in London, PRG-Xxxxxxx will pay you $75 per day to defray
the costs of using your apartment as a base in additional to meals and transport
expenses. The per diem will not apply when you are working elsewhere in Europe
and/or when regular expense policies apply."
"If you are terminated by the Company without cause or for Good Reason (as
described in Section 7b of your employment letter), the Company will pay for the
repatriation of you and your spouse and the transport of household effects back
to your home country (the United Kingdom) subject to applicable taxes. This
repatriation does not include any compensation for the sale or purchase of real
estate."
Sincerely,
/s/ Xxxxx X. Xxxx
Xxxxx X. Xxxx
EVP Human Resources
