Amendment to Employment Agreement between Worldspan Technologies Inc., Worldspan, L.P., and M. Gregory O'Hara (May 12, 2004)
This letter agreement amends the Employment Agreement dated June 30, 2003, between Worldspan Technologies Inc., Worldspan, L.P., and M. Gregory O'Hara. Effective January 1, 2004, the amendment updates the bonus structure in Appendix A, specifying new target bonus tiers based on performance levels. All other terms of the original agreement remain unchanged. The amendment is acknowledged and agreed to by all parties.
Exhibit 10.80
May 12, 2004
Mr. M. Gregory O'Hara
Executive Vice President-Corporate Planning and Development
Worldspan, L.P.
300 Galleria Parkway, N.W.
Atlanta, Georgia 30339
Dear Greg:
Reference is made herein to the Employment Agreement (the "Agreement"), dated June 30, 2003, among Worldspan Technologies Inc. (formerly known as Travel Transaction Processing Corporation) ("Holding"), Worldspan, L.P. (the "Company") and you (the "Executive"). Pursuant to the terms of this letter agreement, Holding, the Company and the Executive agree to amend the provisions of the Agreement, effective as of January 1, 2004, as set forth below.
- 1.
- Appendix A of the Agreement is hereby amended and restated in its entirety sa follows:
"Target Bonus Tiers | ||||
| 80% or less of Bonus Targets | — | 0% of Target Bonus | ||
| 90% of Bonus Targets | — | 50% of Target Bonus | ||
| 100% of Bonus Targets | — | 100% of Target Bonus | ||
| 110% of Bonus Targets | — | 150% of Target Bonus | ||
| 115% of Bonus Targets | — | 200% of Target Bonus" | ||
Except as otherwise provided in this letter agreement, the terms of the Agreement shall remain in full force and effect.
| Sincerely, | ||||||
| Worldspan Technologies Inc. | Worldspan, L.P. | |||||
| By: | /s/ JEFFREY C. SMITH Jeffrey C. Smith General Counsel, Secretary and Senior Vice President Human Resources | By: | /s/ JEFFREY C. SMITH Jeffrey C. Smith General Counsel, Secretary and Senior Vice President Human Resources | |||
| Acknowledged and Agreed: | ||||||
| /s/ GREGORY O'HARA M. Gregory O'Hara | ||||||
