EnerSys Inc. Salary Amendment Letter Agreement with John A. Shea (May 8, 2003)
This letter agreement between EnerSys, Inc. and John A. Shea confirms an increase in Mr. Shea's salary to $311,000, effective April 1, 2003, under his existing employment agreement. All other terms of the original employment agreement remain unchanged and in effect. The letter is signed by the company's Chairman, President, and CEO.
Exhibit 10.21
| May 8, 2003 | ||||
John A. Shea
1016 Hilltop Road
Leesport PA 19533
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 Executive Vice President North America Motive Power Business 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 $311,000.
Except as expressly set forth in the letter, the Employment Agreement shall remain in full force and effect.
| ENERSYS INC. | ||||
| By: | /s/ JOHN D. CRAIG John D. Craig Chairman, President & Chief Executive Officer | |||
