Amendment to Employment Agreement Between Jeffrey A. Zucker and NBC Universal, Inc. (August 8, 2008)

Summary

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.

EX-10.24 28 dex1024.htm LETTER AGREEMENT AMENDMENT, DATED AUGUST 8, 2008 - JEFFREY A. ZUCKER Letter Agreement Amendment, dated August 8, 2008 - Jeffrey A. Zucker

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 Universal’s 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