EMPLOYMENT AGREEMENTEmployment Agreement • November 13th, 2003 • Sothebys Holdings Inc • Services-business services, nec • New York
AGREEMENT (the “Agreement”) dated as of July 1, 2003 by and between Sotheby’s Holdings, Inc. (the “Company” or “Sotheby’s”) and William F. Ruprecht (the “Executive”).
Employment AgreementEmployment Agreement • November 13th, 2003 • Sothebys Holdings Inc • Services-business services, nec • New York
This letter sets forth our understanding and agreement with respect to your employment by Sotheby’s Holdings, Inc. together with all of its subsidiaries and related entities (“Sotheby’s” or the “Company”). This Agreement is being provided to you because you are a key employee at the Company, perform highly specialized and unique duties for the Company, and could do substantial harm to the Company if you left its employment, particularly during this present period of uncertainty for the Company. Consequently, Sotheby’s is offering you the following terms and financial enhancements to ensure your continued employment with and loyalty to the Company, and so that you will focus fully and exclusively on your job duties at Sotheby’s during this period.
