Supplemental Agreement Amending Executive Severance Agreement between The Interpublic Group of Companies, Inc. and Sean F. Orr
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Summary
This agreement, dated June 1, 2000, is between The Interpublic Group of Companies, Inc. and Sean F. Orr. It amends a previous Executive Severance Agreement by increasing a specified term in Section 5.9 from two to three (likely referring to years or a multiplier, though the exact context is not specified). All other terms of the original agreement remain unchanged. The agreement is governed by New York law.
EX-10.F 31 0031.txt SUPPLEMENTAL AGREEMENT Exhibit(f) SUPPLEMENTAL AGREEMENT ---------------------- SUPPLEMENTAL AGREEMENT made as of June 1, 2000, by and between THE INTERPUBLIC GROUP OF COMPANIES, INC., a corporation of the State of Delaware (hereinafter referred to as the "Corporation"), and Sean F. Orr (hereinafter referred to as "Executive"): W I T N E S S E T H - - - - - - - - - - WHEREAS, the Corporation and Executive are parties to an Executive Severance Agreement made as of January 1, 1998 (hereinafter referred to as the "Agreement"); and WHEREAS, the Corporation and Executive desire to amend the Executive Severance Agreement; NOW, THEREFORE, in consideration of the mutual promises herein and in the Agreement set forth, the parties hereto, intending to be legally bound, agree as follows: 1. Section 5.9. of the Agreement is hereby amended effective June 1, 2000, so as to delete "Two (2.0)" and to substitute therefor "Three (3)". 2. Except as hereinabove amended, the Agreement shall continue in full force and effect. 3. This Supplemental Agreement shall be governed by the laws of the State of New York. THE INTERPUBLIC GROUP OF COMPANIES, INC. By /s/ C. Kent Kroeber ---------------------------------------- C. Kent Kroeber /s/ Sean F. Orr ---------------------------------------- Sean F. Orr