Amendment to Employment Agreement Between EnerSys Delaware Inc. and Michael T. Philion (June 19, 2006)

Contract Categories: Human Resources › Employment Agreements
Summary

EnerSys Delaware Inc. and Michael T. Philion have agreed to amend Philion's employment agreement, originally dated November 9, 2000. Effective April 1, 2006, Philion's salary is increased to $362,000. All other terms of the original employment agreement remain unchanged.

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EX-10.2 3 rrd118955_14334.htm LETTER DATED JUNE 19, 2006, AMENDING THE EMPLOYMENT AGREEMENT BETWEEN YUASA, INC. AND MICHAEL T. PHILION Jerry Seyler, Administrative Assistant - Executive Offices

EXHIBIT 10.2

 

[ENERSYS LETTERHEAD]

 

JOHN D. CRAIG
Chairman, President & CEO


June 19, 2006

 

 

Mr. Michael T. Philion

Dear Mike:

With reference to your employment agreement (the "Employment Agreement") with EnerSys Delaware Inc., f/k/a Yuasa, Inc., (the "Company"), dated November 9, 2000, pursuant to which you are currently employed as Executive Vice President Finance and Chief Financial Officer of the Company, we confirm that your salary as set forth in Section 3 of the Employment Agreement is increased to $362,000.00, 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 DELAWARE INC.

By: /s/ John D. Craig

John D. Craig
Chairman, President & Chief Executive Officer

JDC:jls