Amendment No. 3 to Employment and Non-Compete Agreement between i2 Technologies US, Inc. and Romesh Wadhwani
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Summary
This amendment, effective January 1, 2002, updates the employment and non-compete agreement between i2 Technologies US, Inc. and Romesh Wadhwani. It extends Wadhwani's employment term to automatically end on June 30, 2002, with the possibility of further quarterly extensions if both parties agree in writing. All other terms from previous amendments remain unchanged unless specifically modified by this amendment.
EX-10.26 4 dex1026.htm AMEND.#3 TO THE NON-COMPLETE AGREEMENT Prepared by R.R. Donnelley Financial -- AMEND.#3 TO THE NON-COMPLETE AGREEMENT
EXHIBIT 10.26
i2 TECHNOLOGIES, INC.
AMENDMENT 3 TO THE EMPLOYMENT
AND NON-COMPETE AGREEMENT BETWEEN
i2 TECHNOLOGIES US, INC. AND ROMESH WADHWANI
This Amendment 3 (Amendment 3) effective as of January 1, 2002 (Effective Date), is made to the Employment and Non-Compete Agreement (Agreement) dated June 9th 2000 between i2 Technologies, Inc. (subsequently assigned to i2 Technologies US, Inc. Company) and Romesh Wadhwani (Employee).
1. | The parties acknowledge that Employee has remained an employee of Company beyond the term of the Agreement, as amended by Amendment 2 thereto. |
2. | Section 1.1 of the Agreement is hereby amended to extend the Employment Term such that Employees employment will automatically terminate on June 30, 2002, with quarterly extensions thereafter by mutual written agreement. |
3. | In the event of any conflict between this Amendment 3 and the Agreement, this Amendment 3 shall supercede. Except as expressly modified hereby, Amendments 1 and 2 to the Agreement remain in full force and effect. |
/s/ ROBERT C. DONOHOO | /s/ ROMESH WADHWANI | |
For Company: Robert C. Donohoo Vice President & General Counsel | Romesh Wadhwani |