Amendment to Employment Agreement Between EnerSys (formerly Yuasa, Inc.) and John D. Craig
This letter, dated April 1, 2007, amends the employment agreement between EnerSys (formerly Yuasa, Inc.) and John D. Craig, who serves as Chairman, President, and CEO. The amendment increases Mr. Craig's salary to $815,000 per year, effective April 1, 2007. All other terms of the original employment agreement remain unchanged.
Exhibit 10.13
Letter, dated April 1, 2007, amending the Employment Agreement between Yuasa, Inc. and John D. Craig
EnerSys
RICHARD W. ZUIDEMA
Executive Vice President - Administration
April 1, 2007
Mr. John D. Craig
c/o | EnerSys |
2366 Bernville Road |
Reading, PA 19605 |
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 document pursuant to which you are currently employed as Chairman, President & Chief Executive Officer of EnerSys and the Company, the Compensation Committee of the Board of Directors of the Company has approved your salary as set forth in Section 3 of the Employment Agreement is increased to $815,000.00, effective as of April 1, 2007.
Except as expressly set forth in the letter, the Employment Agreement shall remain in full force and effect.
By: | ||
Richard W. Zuidema | ||
Executive Vice President - Administration |
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