EnerSys Holdings Inc. Salary Increase Letter Agreement with John D. Craig (May 8, 2003)
EnerSys Holdings Inc. confirms to John D. Craig, its Chairman, President, and CEO, that his salary under his existing employment agreement has been increased to $725,000 effective April 1, 2003. All other terms of the original employment agreement remain unchanged and in effect.
Exhibit 10.19
| May 8, 2003 | ||||
John D. Craig
6 Rick Road
Shillington PA 19607
Dear John:
With reference to your employment agreement (the "Employment Agreement") with EnerSys, Inc. (the "Company"), dated November 9, 2000, pursuant to which you are currently employed as Chairman, President & Chief Executive Officer of the Company, we confirm that effective as of April 1, 2003, your salary provided for in Section 3 of the Employment Agreement has been increased to $725,000.
Except as expressly set forth in the letter, the Employment Agreement shall remain in full force and effect.
| ENERSYS HOLDINGS INC. | ||||
| By: | /s/ RICHARD W. ZUIDEMA Richard W. Zuidema Executive Vice President | |||
