Amendment to Letter Agreement Between NCR Corporation and William R. Nuti Dated July 26, 2006
NCR Corporation and William R. Nuti have agreed to amend specific terms in their previous letter agreement dated July 29, 2005. The changes affect the sections related to Mr. Nuti's relocation and travel expenses, clarifying and modifying the language and certain benefits. Both parties have accepted these amendments as of July 26, 2006. The agreement is signed by NCR's Compensation and Human Resource Committee Chair and Mr. Nuti.
Exhibit 10.4
| 1700 S. Patterson Boulevard | ||
| Dayton, OH ###-###-#### |
July 26, 2006
Mr. William R. Nuti
NCR Corporation
1700 South Patterson Boulevard
Dayton, OH 45479
Dear Mr. Nuti:
This will confirm that the paragraph captioned “Relocation” of the letter agreement between us dated July 29, 2005 is amended to: (a) delete the first four sentences and the first six words of the fifth sentence; (b) to substitute “NCR” for the words “the Company” at the beginning of the fifth sentence as amended by clause (a) hereof; and (c) to delete the words beginning with “from” and ending with “(the Relocation Period)” in clause (ii) of the fifth sentence. In addition, the paragraph captioned “Travel Expenses and Benefits” of such letter agreement is amended to: (w) insert the words “, subject to the terms of the prior paragraph,” after the first use of the word “and” in the first sentence of such paragraph; (x) delete the second sentence and the first four words of the third sentence of such paragraph; (y) capitalize the first use of the word “you” in the third sentence; and (z) delete the words following the second semicolon in the third sentence of such paragraph.
| Sincerely, |
| NCR Corporation |
| /s/ Linda Fayne Levinson |
| Linda Fayne Levinson |
| Chair, NCR Compensation and Human Resource Committee |
| Agreed and accepted |
| This 26th day of July 2006 |
| /s/ William R. Nuti |
| William R. Nuti |
