Amendment to Employment Agreement Between EnerSys Delaware Inc. and John D. Craig (April 13, 2005)
This letter amends the employment agreement between EnerSys Delaware Inc. (formerly Yuasa, Inc.) and John D. Craig, who serves as Chairman, President, and CEO. Effective April 1, 2005, Mr. Craig's salary is increased to $745,000. All other terms of the original employment agreement remain unchanged.
[ENERSYS LETTERHEAD]
HOWARD I. HOFFEN
Chairman -- Compensation Committee
| April 13, 2005 |
Mr. John D. Craig
6 Rick Road
Shillington PA 19607
Dear John:
With reference to your employment agreement (the "Employment Agreement") with EnerSys Delaware Inc., f/k/a Yuasa, Inc., (the "Company"), dated November 9, 2000, and related documents pursuant to which you are currently employed as Chairman, President & Chief Executive Officer of EnerSys and the Company, we confirm that your salary as set forth in Section 3 of the Employment Agreement is increased to $745,000.00, effective as of April 1, 2005.
Except as expressly set forth in the letter, the Employment Agreement shall remain in full force and effect.
| ENERSYS
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| By: | /s/ Howard I. Hoffen | |
| Howard I. Hoffen | ||
