Notice of Renewal of Employment Agreement between Korn/Ferry International and Gary Burnison (March 30, 2007)
Korn/Ferry International has notified Gary Burnison that his Employment Agreement, originally dated October 1, 2003, will be renewed for an additional one-year term. The renewed term will begin on May 1, 2007, and end on April 30, 2008. This renewal is in accordance with the terms set out in the original agreement. The notice is signed by Kenneth Whipple, Chair of the Compensation Committee.
EXHIBIT 10.38
Gary Burnison
2731 Appalachian Court
Westlake Village, CA 91362
RE: Notice of Renewal of Employment Agreement
Dear Gary,
It is my pleasure to notify you that the Korn/Ferry International (the “Company”) has elected to renew the Employment Agreement between you and the Company dated October 1, 2003 (the “Agreement”) for an additional one year term as permitted by Section 2 of the Agreement, such additional year to commence on May 1, 2007 and conclude on April 30, 2008.
Sincerely,
/s/ Kenneth Whipple
Kenneth Whipple
Chair, Compensation Committee
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