EXTENSION OF FIXED TERM EMPLOYMENT AGREEMENT

EX-10.48 13 d450625dex1048.htm EX10.48 EX10.48

Exhibit 10.48

Corsico, December 6^th,2012

EXTENSION OF FIXED TERM EMPLOYMENT AGREEMENT

This extension of the fixed term Employment Agreement (“the Agreement”) in force between FOSTER WHEELER GLOBAL E&C SRL (“the Company”) and Mr. UMBERTO DELA SALA (“the Executive”) since October 1^st 2008 is dated December 6^th,2012.

By executing this extension, the Company and the Executive agree that the Agreement expiring on July 31^st 2013 is extended to December, 31^st 2013, pursuant to Article 10, Paragraph 4, Law Decree n. 368 of 6 September 2001, as modified by Law n. 247 of 24 December 2007.

All other conditions remain unchanged.

It is agreed that on the expiry date above the Agreement will terminate without any further communication.


FOSTER WHEELER GLOBAL E&C S.R.L.	THE EXECUTIVE

BY /s/ Franco Baseotto		/s/ Umberto della Sala

NAME: Franco Baseotto	NAME:	Umberto della Sala

A Board of Directors’ Member