AMENDMENT TO EMPLOYMENT AGREEMENTEmployment Agreement • November 14th, 2003 • Cogentrix Energy Inc • Electric services
Contract Type FiledNovember 14th, 2003 Company IndustryThe Company and the Executive are parties to (i) an Executive Employment Agreement effective as of January 1, 1994 (the "Employment Agreement"), and amended on February 16, 2001 and November 12, 2001, covering the terms and conditions of the Executive's employment with the Company and (ii) a Profit-Sharing Agreement (the "Profit-Sharing Agreement") covering the terms and conditions of the Executive's participation in the Cogentrix Profit-Sharing Plan. The Executive is also a participant in the Cogentrix Energy, Inc. Select Management Committee Members Transaction Bonus Program (the "Program"). The Company and the Executive desire to further amend the Employment Agreement and the Profit-Sharing Agreement, each as heretofore amended, and the Program in certain respects, and this Agreement sets forth such amendments. NOW, THEREFORE, in consideration of the Statement of Purpose and the mutual covenants and agreements herein contained, the parties hereto agree as follows: 1. Effecti
AMENDMENT TO EMPLOYMENT AGREEMENTEmployment Agreement • November 14th, 2003 • Cogentrix Energy Inc • Electric services
Contract Type FiledNovember 14th, 2003 Company IndustryThe Company and the Executive are parties to (i) an Executive Employment Agreement dated as of February 16, 2001 (the "Employment Agreement"), and amended on November 12, 2001, covering the terms and conditions of the Executive's employment with the Company and (ii) a Profit-Sharing Agreement (the "Profit-Sharing Agreement") covering the terms and conditions of the Executive's participation in the Cogentrix Profit-Sharing Plan. The Executive is also a participant in the Cogentrix Energy, Inc. Select Management Committee Members Transaction Bonus Program (the "Program"). The Company and the Executive desire to further amend the Employment Agreement and the Profit-Sharing Agreement, as heretofore amended, and the Program in certain respects, and this Agreement sets forth such amendments. NOW, THEREFORE, in consideration of the Statement of Purpose and the mutual covenants and agreements herein contained, the parties hereto agree as follows: 1. Effectiveness and Term of Agreement.
AMENDMENT TO EMPLOYMENT AGREEMENTEmployment Agreement • November 14th, 2003 • Cogentrix Energy Inc • Electric services
Contract Type FiledNovember 14th, 2003 Company IndustryThe Company and the Executive are parties to (i) an Executive Employment Agreement dated as of January 1, 1999 (the "Employment Agreement"), and amended on February 16, 2001 and November 12, 2001, covering the terms and conditions of the Executive's employment with the Company and (ii) a Profit-Sharing Agreement (the "Profit-Sharing Agreement") covering the terms and conditions of the Executive's participation in the Cogentrix Profit-Sharing Plan. The Company and the Executive desire to further amend the Employment Agreement and the Profit-Sharing Agreement, each as heretofore amended, in certain respects, and this Agreement sets forth such amendments. NOW, THEREFORE, in consideration of the Statement of Purpose and the mutual covenants and agreements herein contained, the parties hereto agree as follows: 1. Effectiveness and Term of Agreement. This Agreement shall become effective only in the event a "Change of Control" (as defined in the Employment Agreement) occurs on or bef