First Amendment to Corporate Executive Employment Agreement between ABM Industries Incorporated and Donna M. Dell

Contract Categories: Human Resources › Employment Agreements
Summary

This amendment updates the employment agreement between ABM Industries Incorporated and Donna M. Dell, effective November 1, 2000. It sets Ms. Dell's annual salary at $225,000 for the period from November 1, 2000, to October 31, 2001, and establishes a bonus equal to 0.0903% of the company's profit on a pro-rata basis for each fiscal year starting November 1, 2000. All other terms of the original agreement remain unchanged.

Read More Arrow
EX-10.68 9 f77849ex10-68.txt EXHIBIT 10.68 EXHIBIT 10.68 [ABM INDUSTRIES INCORPORATED LETTERHEAD] April 17, 2001 [ABM JANITORIAL Ms. Donna M. Dell SERVICES LOGO] 40 Mulberry Lane Walnut Creek, California 94596 [ABM ENGINEERING Re: First Amendment ("Amendment") of Corporate Executive SERVICES LOGO] Employment Agreement Dated November 1, 1999 ("Agreement") Dear Donna, [ABM FACILITY Your Employment Agreement dated November 1, 1999 is SERVICES LOGO] hereby amended as follows: Paragraph X. SPECIAL PROVISIONS: [ABM SECURITY 1. SALARY: SERVICES LOGO] a. Two Hundred Twenty-Five Thousand Dollars ($225,000) per year effective [ACS AMERICAN November 1, 2000 through October 31, COMMERCIAL 2001 at the monthly rate of $18,750, SECURITY LOGO] payable semi-monthly. b. (Deleted) [AMPCO SYSTEM 2. BONUS: PARKING LOGO] [AMPCO SYSTEM a. Such Bonus for each Fiscal Year AIRPORT PARKING effective November 1, 2000 and LOGO] thereafter, shall be 0.0903% of the Company's Profit on a pro-rata basis. [AMTECH ELEVATOR This Amendment shall be effective as of November 1, 2000. SERVICES LOGO] In all other respects the Agreement shall remain unchanged. [AMTECH LIGHTING Please sign both originals, returning one to your personnel SERVICES LOGO] file and retaining the other fully executed original for your records. Sincerely, [COMN AIR MERCHANT /s/ MARTINN H. MANDLES SERVICES LOGO] [EASTERDAY Martinn H. Mandles I agree to the foregoing: JANITORIAL SUPPLY Chairman of the Board & COMPANY LOGO] Chief Administrative Officer /s/ DONNA M. DELL -------------------------- Donna M. Dell cc: David Hebble New York Stock Exchange Symbol: ABM