Common Contracts
1 similar Employment Agreement contracts
ContractEmployment Agreement • May 5th, 2020 • Texas
============= Page 1 of 46 ============= THIRD AMENDMENT TO EMPLOYMENT AGREEMENT This Agreement, made and entered into on this L day of 1 -. ZED ) and made effective as of August 13. 2001. by and between Enron Corp., (Company') and Kenneth L. Lay ("Employee"), is an amendment to that certain Employment Agreement between the parties entered into and made effective on December 9, 1996 (the "Employment Agreement"). WHEREAS, the parties desire to amend the Employment Agreement as provided herein; NOW, THEREFORE. for and in consideration of the covenants contained herein, and for other good and valuable considerations. the parties agree as follows: Article 1, paragraph 1.2 shall be deleted in its entirety and the following inserted in its place: "1.2 POSITION. During the term of employment under this Agreement, Company shall employ Employee in the position of Chairman of the Board, Chief Executive Officer, and President, or in such other executive positions as the parties mutually may agree
