Summary of Modification to Employment Agreement between Taubman Company Asia Limited and Morgan Parker
Contract Categories:
Human Resources
›
Employment Agreements
Summary
Taubman Company Asia Limited and Morgan Parker have agreed to modify their existing employment agreement. The change allows Mr. Parker to accrue vacation time up to 150% of his annual leave, aligning his benefits with the company's standard employee policy. No other terms of the agreement are affected by this modification.
EX-10.AO 6 form10k08ex10ao.htm SUMMARY OF MODIFICATION TO EMPLOYMENT AGREEMENT BETWEEN TAUBMAN CO. ASIA LIMITED AND MORGAN PARKER form10k08ex10ao.htm
SUMMARY OF MODIFICATION TO THE EMPLOYMENT AGREEMENT BETWEEN THE TAUBMAN COMPANY ASIA LIMITED AND MORGAN PARKER
(THE “EMPLOYMENT AGREEMENT”)
Provision 2.3 of the Employment Agreement has been modified to provide that vacation time may be accrued by Mr. Parker up to 150% of the annual leave provided for in the Employment Agreement. This change was made to conform this provision to the standard policy for employees of the Company.
