Amendment to Employment Agreement between WorldPort and David Hickey (September 7, 1999)
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Summary
This amendment updates the employment agreement between WorldPort and David Hickey. It confirms a 15% salary increase for Mr. Hickey. If WorldPort is acquired by a company other than Heico and Mr. Hickey's position is eliminated within six months of the acquisition, he will receive two years' salary and bonus. Additionally, if such an acquisition occurs, he is entitled to 100% of his 1999 bonus.
EX-10.19 3 w48612x1019.txt AMENDMENT TO DAVID HICKEY EMPLOYMENT AGREEMENT WORLDPORT THREE FIRST NATIONAL PLAZA SUITE 5600 CHICAGO, IL 60602 September 7, 1999 Mr. David Hickey General Manager Corporate Development WorldPort Europe 11-12 Warrington Place Dublin 2, Ireland Dear David: 1. Your salary increase of 15% should have been processed. 2. In the event that WorldPort is acquired by a company other than Heico, and your position is eliminated within the first six months after being acquired, you will receive two-years salary and bonus. 3. In the event that WorldPort is acquired by a company other than Heico, you receive 100% of your 1999 bonus. /s/ Carl J. Grivner Carl J. Grivner Cjg/ses
