Letter Amendment to Employment Agreement between Stream Global Services, Inc. and Robert Dechant
This letter amends the employment agreement between Stream Global Services, Inc. and Robert Dechant. The amendment allows up to 40 hours of unused vacation time accrued by Mr. Dechant at the end of any fiscal year to be carried over to the next year. All other terms of the original agreement remain unchanged. The amendment is effective upon signing by both parties.
EXHIBIT 10.3
| | 20 William Street, Suite 310 Wellesley, MA 02481 781 ###-###-#### phone 781 ###-###-#### fax www.stream.com |
May 6, 2009
Mr. Robert Dechant
Stream Global Services, Inc.
20 William Street, Suite 310
Wellesley, MA 02481
Dear Bob:
Stream Global Services, Inc., a Delaware corporation (the “Company”), and you hereby agree to amend the employment agreement dated as of August 7, 2008, as amended on December 29, 2008, by and between the Company and you (the “Agreement”), as follows:
The last sentence in Section 3.4 is deleted in its entirety and replaced by inserting at the end the following:
“Up to 40 hours of unused vacation time accrued by the Executive at the end of any fiscal year shall be carried over in full to the next year.”
Except as modified by this letter or by other intervening amendments, all other terms and conditions of the Agreement shall remain in full force and effect. This letter may be executed in counterparts, each of which shall be deemed to be an original, and all of which shall constitute one and the same document.
STREAM GLOBAL SERVICES, INC.
By: /s/ R. Scott Murray
R. Scott Murray
Chief Executive Officer
Acknowledged and agreed:
/s/ Robert Dechant
Robert Dechant
Date
