Supplement No. 4 to Employment Agreement between Robert J. Gula and AM General Corporation (May 15, 2000)

Summary

This document is a supplement to the employment agreement between Robert J. Gula and AM General Corporation. It amends the original agreement to increase Mr. Gula's annual salary to $205,000 and sets his annual bonus at $75,000 for each fiscal year ending October 31, starting with the fiscal year commencing November 1, 1999. All other terms of the original agreement and previous supplements remain unchanged.

EX-10.3.3 2 0002.txt SUPPLEMENT NO. 4, DATED MAY 15, 2000 - GULA EXHIBIT 10.3.3 SUPPLEMENT NO. 4 dated May 15, 2000 to Employment Agreement dated May 1, 1992 between ROBERT J. GULA and AM GENERAL CORPORATION, as amended by Supplement No. 1, dated December 16, 1993; Supplement No. 2, dated February 16, 1995; Supplement No. 3, dated October 13, 1997 1. Effective as of May 15, 2000, Section 2(a) of the Employment Agreement is amended to read in its entirety as follows: "(a) a salary at the rate of Two Hundred Five Thousand ($205,000) Dollars per year (or such greater amount as Employer may from time to time determine), payable periodically in accordance with the Employer's usual executive payroll payment procedures; plus" 2. Effective for the fiscal year commencing November 1, 1999, the introduction to Section 2(b) is amended to read in its entirety as follows: (b) an annual bonus of Seventy Five Thousand ($75,000) Dollars for each fiscal year (ending October 31/st/), provided that Except as expressly modified hereby, all provisions of the Employment Agreement as supplemented by Supplement Nos. 1-3 shall remain in full force and effect. AM GENERAL CORPORATION By: __________________________ Employer By: __________________________ Employee _______________________ Witness