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

Summary

This document outlines amendments to retention agreements between WGI and executives Stephen M. Johnson, George H. Juetten, and Thomas H. Zarges, effective August 20, 2002. The amendments are materially identical for all three, except that Mr. Johnson's retention bonus is prorated due to his absence from the company during early 2001. He resumed employment with WGI on November 12, 2001. The agreements specify the terms under which these executives are retained by the company and the calculation of their retention bonuses.

EX-10.23.2 7 a06-1897_1ex10d23d2.htm MATERIAL CONTRACTS

Exhibit 10.23.2

 

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.