EXHIBIT 10.33 AMENDMENT EFFECTIVE AS OF SEPTEMBER 19, 1991 TO OCTOBER 18, 1990 AGREEMENT ----------------------------------------------- This Agreement between Champion International Corporation, a New York corporation (the "Company"), and L. Scott...Employment Agreement • March 27th, 1997 • Champion International Corp • Paper mills
Contract Type FiledMarch 27th, 1997 Company IndustryThis Agreement between Champion International Corporation, a New York corporation (the "Company"), and L. Scott Barnard (the "Executive") is effective as of September 19, 1991. WHEREAS, the Company and the Executive entered into an Agreement dated October 18, 1990 (the "Agreement") relating to the employment of the Executive by the Company; and WHEREAS, The Company and the Executive wish to amend the Agreement in order to (1) provide that any benefits thereunder which constitute "parachute payments" for Federal tax purposes be paid in an amount the net effect of which is intended to result in the Executive receiving "parachute payments" from all sources equal to the greater of (i) the total of the "parachute payments" from all sources, less income taxes and any Federal excise tax thereon, and (ii) the maximum amount of "parachute payments" that can be paid without triggering such Federal excise tax, less income taxes thereon; and (2) expressly allow the Executive to engage the Company'
EXHIBIT 10.40 AMENDMENT EFFECTIVE AS OF SEPTEMBER 19, 1991 TO FEBRUARY 19, 1987 AGREEMENT -------------------------------------------------- This Agreement between Champion International Corporation, a New York corporation (the "Company"), and Mark A....Employment Agreement • March 27th, 1997 • Champion International Corp • Paper mills
Contract Type FiledMarch 27th, 1997 Company Industry