Amendment to Employment Agreement Between EnerSys Delaware Inc. and John D. Craig (June 19, 2006)

Summary

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, 2006, Mr. Craig's salary is increased to $783,000. All other terms of the original employment agreement remain unchanged.

EX-10.1 2 rrd118955_14332.htm LETTER DATED JUNE 19, 2006, AMENDING THE EMPLOYMENT AGREEMENT BETWEEN YUASA, INC. AND JOHN D. CRAIG Jerry Seyler, Administrative Assistant - Executive Offices

EXHIBIT 10.1

 

[ENERSYS LETTERHEAD]

 

HOWARD I. HOFFEN
Chairman -- Compensation Committee

 

June 19, 2006

 

Mr. John D. Craig

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, we confirm that your salary as set forth in Section 3 of the Employment Agreement is increased to $783,000.00, effective as of April 1, 2006.

Except as expressly set forth in the letter, the Employment Agreement shall remain in full force and effect.

ENERSYS

By: /s/ Howard I. Hoffen

Howard I. Hoffen
Chairman -- Compensation Committee

 

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