November 23, 2020 James M. Sullivan Re: Extension of Employment Term Dear Jim:Extension of Employment Term • November 24th, 2020 • Sealed Air Corp/De • Plastic material, synth resin/rubber, cellulos (no glass)
As you know, the letter agreement between you and Sealed Air Corporation (the “Company,” “we” or “us”) dated June 14, 2019 (the “Letter Agreement”) provides that your term of employment (defined in the Letter Agreement as the “Term”) is scheduled to end on December 31, 2020, unless we mutually agree to an extension. This letter confirms in writing our mutual understanding regarding the extension of the Term. Capitalized terms not otherwise defined in this letter are as defined in the Letter Agreement.
