Amendment to Employment Agreement between CBS Corporation and Gil Schwartz (January 11, 2018)

Summary

CBS Corporation and Gil Schwartz have agreed to amend their existing employment agreement, originally dated July 1, 2016 and previously amended on August 4, 2017. This amendment extends a specific date in the agreement from December 31, 2017 to May 31, 2018. All other terms of the original agreement remain unchanged. Both parties have signed this amendment to confirm their acceptance.

EX-10.S 4 cbs_ex10s-123117.htm EXHIBIT 10.S Exhibit

Exhibit 10(s)

EXECUTION COPY

51 West 52^nd Street

New York, NY 10019

Gil Schwartz

c/o CBS Corporation

51 W. 52^nd Street

New York, NY 10019



Dear Gil:	January 11, 2018

Reference is made to your employment agreement with CBS Corporation (“CBS”), dated as of July 1, 2016, amended as of August 4, 2017 (the “Agreement”). This letter, when fully executed below, shall amend the Agreement as follows:

1. Paragraph 7(f)(i) of the Agreement shall be amended by deleting the reference therein to “December 31, 2017” and replacing it with “May 31, 2018.”

2. This letter may be executed in one or more counterparts, including by facsimile, and all of the counterparts shall constitute one fully executed agreement. The signature of any party to any counterpart shall be deemed a signature to, and may be appended to, any other counterpart. Except as otherwise provided herein, the Agreement shall continue in full force and effect in accordance with its terms.

If the foregoing correctly sets forth our understanding, please sign, date, and return this letter to the undersigned for execution on behalf of CBS.



			Very truly yours,
			CBS CORPORATION


		By:	/s/ Anthony G. Ambrosio
			Name:	Anthony G. Ambrosio
			Title:	Senior Executive Vice President,
				Chief Administrative Officer &
				Chief Human Resources Officer

ACCEPTED AND AGREED:


/s/ Gil Schwartz
Gil Schwartz

Dated:	1/11/18