Amendment to Employment Agreement Between Jeffrey A. Zucker and NBC Universal, Inc. (August 8, 2008)
This amendment updates the employment agreement between Jeffrey A. Zucker and NBC Universal, Inc., with General Electric as parent company. The main change requires Mr. Zucker to use NBC Universal’s alternative dispute resolution program, Solutions, for resolving certain employment-related claims through mediation and binding arbitration. All other terms of the original agreement remain unchanged unless specifically modified by this amendment.
Exhibit 10.24
MARC A. CHINI | ||||
Executive Vice President | ||||
Human Resources | ||||
30 Rockefeller Plaza | ||||
New York, NY 10112 | ||||
12 ###-###-#### tel | ||||
12 ###-###-#### fax | ||||
***@*** |
August 8, 2008
Mr. Jeffrey A. Zucker
c/o NBC Universal, Inc.
30 Rockefeller Plaza
New York, NY 10112
Dear Mr. Zucker:
Reference is made to the agreement dated as of February 7, 2007 by and between you and NBC Universal, Inc. (NBCU) and General Electric (the Parent) (the Agreement) with respect to the terms and conditions of your employment. All terms and conditions of the Agreement shall remain in full force and effect unless otherwise modified below.
Paragraph 10 (g) shall be replaced as follows:
You acknowledge and agree that you will abide and be bound by NBC Universals alternative dispute resolution program known as Solutions, which includes an obligation to submit any Covered Claim (as such term is defined in the program) to mediation and final and binding arbitration. A copy of Solutions is attached hereto as Exhibit A.
All other terms and conditions contained in the Agreement shall remain in full force and effect unless specifically modified above. Please indicate your acceptance and agreement by signature below.
IN WITNESS WHEREOF the parties hereto have executed this Agreement as of the date aforesaid.
Very truly yours,
NBC UNIVERSAL, INC.
ACCEPTED AND AGREED: | ||||||||||
By: | /s/ Marc A. Chini | By: | /s/ Jeff A. Zucker | |||||||
Marc Chini | Jeff Zucker | |||||||||
Executive Vice President, Human Resources |