Amendments to WGI Retention Agreements with Named Executives (Johnson, Juetten, Zarges)

Contract Categories: Human Resources › Retention Agreements
Summary

This document amends the retention agreements between WGI and three executives: Stephen M. Johnson, George H. Juetten, and Thomas H. Zarges, effective August 20, 2002. The amendments clarify that Mr. Johnson's retention bonus will be prorated to account for his absence from the company during early 2001, as he returned to employment on November 12, 2001. The material terms for all three executives are otherwise identical. The agreement outlines the updated terms for retaining these key employees.

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EX-10.23.2 4 retntnagmtamdmt.htm AMENDMENTS TO WGI RETENTION AGMTS WITH NAMED EXECS Amendments to WGI Retention Agmts with Named Execs
SCHEDULE TO EXHIBIT 10.23.2




AMENDMENTS TO WGI RETENTION AGREEMENTS
WITH NAMED EXECUTIVES




EACH DATED AS OF AUGUST 20, 2002

Stephen M. Johnson
George H. Juetten
Thomas H. Zarges


NOTE: The Amendment to Mr. Johnson’s Retention Agreement is identical in all materials terms to those entered into with Messrs Juetten and Zarges, with the exception that his Retention Bonus is prorated to allow for the time during early 2001 when he was not in the Company’s employ. Mr. Johnson returned to the employ of the Company on November 12, 2001.