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Exhibit 10.11
January 30, 1997
Xx. Xxxxxxxxx Xxxxx
Xxxxx Rent A Car, Inc.
000 XX 0xx Xxxxxx
Xxxx Xxxxxxxxxx, XX 00000
Dear Macdonald:
This letter will confirm our supplemental understanding with respect to your
employment. This document will serve as an addendum and modification to your
letter agreement dated December 31, 1996, which letter agreement is incorporated
herein by reference.
First, by signing this supplemental agreement, you authorize the use and
publication by Alamo Rent-A-Car, Inc. ("Alamo"), its affiliated entities, and
their successors and assigns (collectively "the Company") of your name,
signature, voice, and any photographs, videos, or other likenesses of you, and
any other aspects of your personality, in any commercial manner that the Company
may choose, without any additional compensation payable to you, and without the
need for prior inspection or approval by you. By signing below, you release the
Company and all persons acting under its permission or authority, from any
liability in connection with any use or publication under this provision.
Second, you acknowledge that you owe your full time and attention to the
business and operations of Alamo. You agree, during your employment with Alamo,
that you will not commit yourself to any outside activity -- whether orally or
in writing, whether business- or civic-related, and without regard to whether
you are to be compensated for such activity -- that will involve a significant
commitment of your time (to be determined within the reasonable discretion of
Alamo), without first advising and obtaining the written consent of the Chief
Executive Officer of Alamo.
Third, with respect to the "Salary Continuation" section of your letter
agreement, the letter agreement is amended in the following respects. If you die
during the period in which these salary continuation payments would otherwise be
payable, then the payments will be made to your spouse so long as she is living
during the applicable period. Also, during any period in which you are (or, but
for your death, would otherwise be) eligible for salary continuation payments,
Alamo will continue to make available to you and your eligible dependents, at
your and their own expense, health insurance coverage providing the same
benefits as those provided to Alamo employees generally.
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By signing below, you acknowledge and agree that the consideration payable to
you under the letter agreement of December 31, 1996, and your continued
employment with Alamo, is full and adequate consideration for the promises
contained herein.
Please confirm this supplemental agreement by signing in the space provided and
returning one original copy to me.
Sincerely,
