First Amendment to Restated Employment Agreement between Sonesta International Hotels Corporation and Stephen Sonnabend

Summary

This amendment updates the Restated Employment Agreement between Sonesta International Hotels Corporation and Stephen Sonnabend, originally dated November 21, 1995. The amendment revises the section regarding how official notices should be sent between the company and the executive, specifying updated addresses and procedures. All other terms of the original agreement remain unchanged. The amendment is effective as of May 16, 2005.

EX-10.3 4 a05-9587_1ex10d3.htm EX-10.3

EXHIBIT 10.3

AMENDMENT

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:

	Sonesta International Hotels Corporation
	116 Huntington Avenue, Floor 9
	Boston, MA 02116
	Attn: Office of Treasurer

with a copy to:

	Norman Spector, Esq.
	Burns & Levinson
	125 Summer Street
	Boston, MA 02110

and if to the Executive

	Mr. Stephen Sonnabend
	350 Coconut Lane
	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.

	SONESTA INTERNATIONAL HOTELS
	CORPORATION


	By:	/S/ Boy van Riel

	Its:	Vice President and Treasurer


	/S/ Stephen Sonnabend
	Stephen Sonnabend