Letter Agreement Amending Employment Agreement Between Aetna Inc. and David B. Kelso
This letter agreement between Aetna Inc. and David B. Kelso shortens the required written notice period for extending Mr. Kelso's employment agreement from 90 days to 30 days. Both parties agree to this change, which modifies the original employment agreement dated September 13, 2001. All other terms of the original agreement remain unchanged.
Exhibit 10.2
| 151 Farmington Avenue Hartford, CT 06156 |
| John W. Rowe, M.D. | ||
| Chairman & CEO | ||
| 860 ###-###-#### | ||
| June 30, 2003 | Fax: 860 ###-###-#### |
David B. Kelso
Dear David:
In order to facilitate the continuation of our discussions, I believe that we should change the notice period applicable to the extension of your employment agreement. Accordingly, this letter is to evidence our mutual agreement to reduce the 90 day written notice period specified in Section 1.02 of that certain Employment Agreement dated as of September 13, 2001 by and between you and the Company to a period of 30 days.
All capitalized terms used herein shall have the same meanings as set forth in the Agreement.
Sincerely,
/s/: John W. Rowe
John W. Rowe, M.D.
Agreed:
/s/: David B. Kelso
David B. Kelso
/s/: 6/30/03
Date
