Addendum to Employment Agreement between PRG-Schultz and Richard Bacon (December 2, 2003)
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Summary
This addendum clarifies that, in the event of termination, the terms regarding termination and severance in Richard Bacon's signed employment letter will override the corresponding section in the standard PRG-Schultz Employee Agreement. All other terms of the standard agreement remain unchanged. The addendum is issued by PRG-Schultz and signed by their EVP of Human Resources.
EX-10.52 11 g93606exv10w52.txt EX-10.52 DECEMBER 2, 2003 ADDENDUM TO EMPLOYMENT AGREEMENT [PRG SCHULTZ LETTERHEAD] December 2, 2003 Richard Bacon 4447 Northside Parkway, NW Apt. 321 Atlanta, GA 30327 Dear Rick: As we discussed, there is a potential conflict between your signed employment letter (Sections 7 -- Termination and 8 -- Severance Payments) and the standard PRG-Schultz Employee Agreement (Section 8 -- Employment at Will). In the event of termination, Sections 7 and 8 of your employment letter will take precedence over Section 8 of the standard PRG-Schultz Employee Agreement. The remainder of the standard PRG-Schultz Employee Agreement terms and conditions remain unchanged and unaffected by your signed employment letter. Sincerely, /s/ Marie Neff Marie Neff EVP, Human Resources