Amendment Agreement to Offer of Employment Letter between IHS Inc. and Sean Menke

Summary

This agreement, dated June 1, 2014, amends the original employment offer letter between IHS Inc. and Sean Menke. The amendment changes the severance terms, increasing the amounts payable upon certain events to include both base salary and target bonus, rather than just base salary. All other terms of the original offer letter remain unchanged. The agreement is signed by both the company and the employee.

EX-10.3 4 ex103q314.htm MENKE AMENDMENT EX 10.3 Q314

Exhibit 10.3

Amendment Agreement

This Amendment Agreement dated June 1, 2014, amends the offer of employment letter dated February 4, 2013 (the “Offer Letter”), between you and IHS Inc. (the “Company”), containing the terms and conditions of your employment with the Company.

The parties agree to amend the provisions of the Offer Letter as follows:


1.	Paragraph 8 of the Offer Letter is hereby amended to delete (ii), which currently reads:

“(ii) An amount equal to 1.5 times your base salary”

and to add a new (ii) in its place which now reads as follows:

“(ii) An amount equal to 1.5 times your base salary and target bonus.”


2.	Paragraph 9 of the Offer Letter is hereby amended to delete (ii), which currently reads:

“(ii) An amount equal to 2 times your base salary; and”

and to add a new (ii) in its place which now reads as follows:

“(ii) An amount equal to 2 times your base salary and target bonus; and”


3.	Except as expressly amended herein, the Offer Letter remains in full force and effect in accordance with its terms.



IHS Inc.

By:	/s/ Jeffrey Sisson
	Jeffrey Sisson
	Senior Vice President Chief Human Resources Officer

Accepted and Agreed:

/s/ Sean Menke

Employee Name: Sean Menke