ContractEmployment Agreement • August 9th, 2002 • Pepco Holdings Inc • Electric & other services combined
EMPLOYMENT AGREEMENT This EMPLOYMENT AGREEMENT (the "Agreement") is made as of August 1, 2002 between PEPCO HOLDINGS, INC. (the "Company") and DENNIS R. WRAASE (the "Executive"). RECITALS: The Board of Directors of the Company (the "Board of Directors") recognizes that outstanding management of the Company is essential to advancing the best interests of the Company, its shareholders and its subsidiaries. The Board of Directors believes that it is particularly important to have stable, excellent management at the present time. The Board of Directors believes that this objective may be achieved by giving key management employees assurances of financial security for a period of time, so that they will not be distracted by personal risks and will continue to devote their full time and best efforts to the performance of their duties. The Human Resources Committee of the Board of Directors (the "Committee") has recommended, and the Board of Directors has appr
ContractEmployment Agreement • August 9th, 2002 • Pepco Holdings Inc • Electric & other services combined
EMPLOYMENT AGREEMENT This EMPLOYMENT AGREEMENT (the "Agreement") is made as of August 1, 2002 between PEPCO HOLDINGS, INC. (the "Company") and EDDIE R. MAYBERRY (the "Executive"). RECITALS: The Board of Directors of the Company (the "Board of Directors") recognizes that outstanding management of the Company is essential to advancing the best interests of the Company, its shareholders and its subsidiaries. The Board of Directors believes that it is particularly important to have stable, excellent management at the present time. The Board of Directors believes that this objective may be achieved by giving key management employees assurances of financial security for a period of time, so that they will not be distracted by personal risks and will continue to devote their full time and best efforts to the performance of their duties. In order to achieve the foregoing objectives, the Human Resources Committee of the Board of Directors (the "Committee") has re
