AMENDMENT TO RESTATED EMPLOYMENT AGREEMENT
EXHIBIT 10.3
AMENDMENT
TO
RESTATED EMPLOYMENT AGREEMENT
Reference is made to that certain Restated Employment Agreement (the “Agreement”), dated as of November 21, 1995, between Sonesta International Hotels Corporation (the “Company”) and Stephen Sonnabend (the “Executive”). This shall constitute an Amendment to the Agreement.
1. Section 11 is deleted and replaced with the following:
11. Notices. All notices under this Agreement shall be in writing and delivered by hand or addressed and mailed by registered or certified mail, return receipt requested, if to the Company:
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| Sonesta International Hotels Corporation |
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| 116 Huntington Avenue, Floor 9 |
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| Boston, MA 02116 |
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| Attn: Office of Treasurer |
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| with a copy to: | |
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| Norman Spector, Esq. |
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| Burns & Levinson |
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| 125 Summer Street |
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| Boston, MA 02110 |
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| and if to the Executive | |
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| Mr. Stephen Sonnabend |
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| 350 Coconut Lane |
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| Key Biscayne, Fl 33149 |
or to such other address for notice as may be specified by any party hereto by notice given in the manner herein provided.
2. In all other respects the Agreement remains unchanged and in effect as of this May 16, 2005
IN WITNESS WHEREOF, the parties have executed this First Amendment as of the day and year written above.
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| SONESTA INTERNATIONAL HOTELS | ||
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| CORPORATION | ||
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| By: | /S/ Boy van Riel |
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| Its: | Vice President and Treasurer |
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| /S/ Stephen Sonnabend |
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| Stephen Sonnabend | ||
