1
EXHIBIT 10.2-B
ADDENDUM
TO
DEFERRED COMPENSATION AGREEMENT
This Addendum to the Deferred Compensation Agreement ("Agreement") is
effective as of July 27, 1991 between The Wackenhut Corporation ("Company") and
Xxxxxxx X. Xxxxxxxxx ("Executive").
As a result of the action taken by the Board of Directors of Company at its
meeting of July 27, 1991, the retirement benefit to Executive shall increase
from $100,000 annually to $175,000 annually. This increased benefit amount shall
apply only after the Retirement Date as defined in the Agreement between the
parties, and shall not increase the amount payable to your Beneficiary(ies) in
the event that you should die prior to reaching such Retirement Date.
All other terms of the Agreement between the parties hereto shall remain
the same.
IN WITNESS WHEREOF the parties have executed this Addendum effective July
27, 1991.
EXECUTIVE COMPANY
The Wackenhut Corporation
/s/ XXXXXXX X. XXXXXXXXX By: /s/ XXXXX X. XXXXX
----------------------------------------------------- Xxxxx X. Xxxxx, Vice President
Xxxxxxx X. Xxxxxxxxx -----------------------------------------------------
Attest: /s/ XXXXXXX X. XXXXXX
-----------------------------------------------------
Xxxxxxx X. Xxxxxx
(CORPORATE SEAL)
