Amendment to Severance Arrangements for David Drinkwater by Nortel Networks Corporation and Nortel Networks Limited
Nortel Networks Corporation and Nortel Networks Limited have approved an amendment to the severance arrangements for David Drinkwater, their Senior Advisor. The amendment changes Mr. Drinkwater's employment termination date to March 31, 2009, as recommended to the Compensation and Human Resources Committee. All other terms and conditions remain as previously agreed.
Exhibit 10.81
MEETING OF THE COMPENSATION AND
HUMAN RESOURCES COMMITTEE OF
THE BOARDS OF
NORTEL NETWORKS CORPORATION AND
NORTEL NETWORKS LIMITED
FEBRUARY 19, 2009
EXTRACT
Nortel Networks Corporation and Nortel Networks Limited
Amendment to Severance Arrangements for David Drinkwater
RESOLVED, That the amendment to the severance arrangements for Mr. David Drinkwater, Senior Advisor of Nortel Networks Corporation and Nortel Networks Limited, to change his Employment Termination Date, as defined in the agreement between Nortel Networks Corporation and David Drinkwater dated November 11, 2008, to March 31, 2009, on the terms and conditions as recommended to the Committee, be approved.