Extension of Letter of Assignment for Peiming (Perry) Zheng, effective January 1, 2023

Contract Categories: Business Finance - Assignment Agreements
EX-10.29 2 exhibit10292022-12x3110xk.htm EX-10.29 Document
Exhibit 10.29


Internal
Correspondence
December 6, 2022

PERSONAL & CONFIDENTIAL

Dear Perry:

We are pleased to confirm the extension of your International Assignment for an additional year, under the same terms & conditions that are outlined in your Letter of Assignment dated January 1, 2021.
Home Country:    United States
Home Company:    Otis Elevator International, Inc.
Host Country:    China
Host Company:    Otis Elevator Management (Shanghai) Co. Ltd.
Anticipated End Date:    December 31, 2023

Thank you for your ongoing support of our global initiatives. Please indicate your agreement by signing below and returning this Extension Agreement as soon as possible.

Sincerely,
 /s/ ABBE LUERSMAN12/19/2022
Abbe LuersmanDate
EVP & Chief People Officer
 /s/ PERRY ZHENG12/19/2022
 Perry Zheng, President, Otis ChinaDate



LETTER OF ASSIGNMENT EXTENSION