Execution Copy November 6, 2000 Gary M. Philbin Re: Amendment to Employment Agreement dated April 13, 2000 Dear Gary: The following sets forth the agreement between you and The Grand Union Company, a Delaware corporation (the "Company"), regarding the...Employment Agreement • December 4th, 2000 • Grand Union Co /De/ • Retail-grocery stores
Contract Type FiledDecember 4th, 2000 Company IndustryThe following sets forth the agreement between you and The Grand Union Company, a Delaware corporation (the "Company"), regarding the terms of the amendment ("Amendment") to the employment agreement between you and the Company dated April 13, 2000 (the "Employment Agreement"). In this regard, the Employment Agreement is amended such that the amount of the Termination Payments set forth in paragraphs 7(a) and 7 (b) are deleted and replaced in the aggregate by the termination payments set forth in the Sale Bonus Agreement dated November 6, 2000 and the Retention Bonus Agreement dated November 6, 2000. Accordingly, you are eligible for the Sale Bonus Payments and Retention Bonus Payments pursuant to the terms of those agreements and are no longer eligible for the Termination Payments under your Employment Agreement. In the event you are Involuntarily Terminated, as such term is defined in the Sale Bonus and Retention Bonus Agreements, you shall receive such Retention Bonus Payments within
Execution Copy November 6, 2000 Glenn J. Smith Re: Amendment to Employment Agreement dated April 13, 2000 Dear Glenn: The following sets forth the agreement between you and The Grand Union Company, a Delaware corporation (the "Company"), regarding the...Employment Agreement • December 4th, 2000 • Grand Union Co /De/ • Retail-grocery stores
Contract Type FiledDecember 4th, 2000 Company IndustryThe following sets forth the agreement between you and The Grand Union Company, a Delaware corporation (the "Company"), regarding the terms of the amendment ("Amendment") to the employment agreement between you and the Company dated April 13, 2000 (the "Employment Agreement"). In this regard, the Employment Agreement is amended such that the amount of the Termination Payments set forth in paragraphs 7(a) and 7 (b) are deleted and replaced in the aggregate by the termination payments set forth in the Sale Bonus Agreement dated November 6, 2000 and the Retention Bonus Agreement dated November 6, 2000. Accordingly, you are eligible for the Sale Bonus Payments and Retention Bonus Payments pursuant to the terms of those agreements and are no longer eligible for the Termination Payments under your Employment Agreement. In the event you are Involuntarily Terminated, as such term is defined in the Sale Bonus and Retention Bonus Agreements, you shall receive such Retention Bonus Payments within
Execution Copy November 6, 2000 Jeffrey Freimark Re: Amendment to Employment Agreement dated April 13, 2000 Dear Jeffrey: The following sets forth the agreement between you and The Grand Union Company, a Delaware corporation (the "Company"), regarding...Employment Agreement • December 4th, 2000 • Grand Union Co /De/ • Retail-grocery stores
Contract Type FiledDecember 4th, 2000 Company IndustryThe following sets forth the agreement between you and The Grand Union Company, a Delaware corporation (the "Company"), regarding the terms of the amendment ("Amendment") to the employment agreement between you and the Company dated April 13, 2000 (the "Employment Agreement"). In this regard, the Employment Agreement is amended such that the amount of the Termination Payments set forth in paragraphs 7(a) and 7 (b) are deleted and replaced in the aggregate by the termination payments set forth in the Sale Bonus Agreement dated November 6, 2000 and the Retention Bonus Agreement dated November 6, 2000. Accordingly, you are eligible for the Sale Bonus Payments and Retention Bonus Payments pursuant to the terms of those agreements and are no longer eligible for the Termination Payments under your Employment Agreement. In the event you are Involuntarily Terminated, as such term is defined in the Sale Bonus and Retention Bonus Agreements, you shall receive such Retention Bonus Payments within
Execution Copy November 6, 2000 Manouchehr Moslemi Re: Amendment to Employment Agreement dated April 13, 2000 Dear Manny: The following sets forth the agreement between you and The Grand Union Company, a Delaware corporation (the "Company"), regarding...Employment Agreement • December 4th, 2000 • Grand Union Co /De/ • Retail-grocery stores
Contract Type FiledDecember 4th, 2000 Company IndustryThe following sets forth the agreement between you and The Grand Union Company, a Delaware corporation (the "Company"), regarding the terms of the amendment ("Amendment") to the employment agreement between you and the Company dated April 13, 2000 (the "Employment Agreement"). In this regard, the Employment Agreement is amended such that the amount of the Termination Payments set forth in paragraphs 7(a) and 7 (b) are deleted and replaced in the aggregate by the termination payments set forth in the Sale Bonus Agreement dated November 6, 2000 and the Retention Bonus Agreement dated November 6, 2000. Accordingly, you are eligible for the Sale Bonus Payments and Retention Bonus Payments pursuant to the terms of those agreements and are no longer eligible for the Termination Payments under your Employment Agreement. In the event you are Involuntarily Terminated, as such term is defined in the Sale Bonus and Retention Bonus Agreements, you shall receive such Retention Bonus Payments within