Aetna Inc. Executive Relocation Program Extension Memorandum for David B. Kelso

Summary

This memorandum from Aetna Human Resources to David B. Kelso confirms that the Board of Directors’ Committee on Compensation and Organization has approved an extension of Mr. Kelso’s eligibility for the executive relocation program. The extension allows him to participate in the program and receive reimbursement for living expenses in the Hartford area through March 15, 2003, prior to his relocation. The agreement outlines the new time limit and the continued support provided by Aetna during this period.

EX-10.1 4 y64933exv10w1.htm EX-10.1: WRIGHT/KELSO MEMORANDUM EX-10.1: WRIGHT/KELSO MEMORANDUM  

Exhibit 10.1

         
      Interoffice Communication
 
 
Elease E. Wright
Aetna Human Resources, RC3A
(860)  ###-###-####
Fax: (860)  ###-###-####

          

     
To   David B. Kelso
Date   September 30, 2002
Subject   Relocation

As we had discussed, your eligibility for the executive relocation program under your employment agreement was for a 12-month period ending this month. At its meeting on September 27, 2002, the Board of Directors’ Committee on Compensation and Organization considered your request for an extension of your eligibility for the program. This is to advise you that the Committee and the Board have approved your participation in Aetna Inc.’s executive relocation program through March 15, 2003 and reimbursement of living expenses in the Hartford area for that period prior to your relocation.