Amendment of Paragraph. 13 of the Employment Agreement. Paragraph 13 of the Employment Agreement is hereby amended as follows:
Amendment of Paragraph. 6 For paragraph 6(1)(c)(iii) substitute—
Amendment of Paragraph. 8 In paragraph 8, for “desirable to import” substitute “desirable to impose”.
Amendment of Paragraph. 9 In paragraph 9, omit “and will follow the practices and procedures of the Commissioners of Customs and Excise when giving effect to legislation of the European Communities in so far as that legislation extends to the Isle of Man”.
Amendment of Paragraph. 11 In paragraph 11, for “an exchange of letters” substitute “a memorandum of understanding”.
Amendment of Paragraph. 3(a). Paragraph 3(a) of the Agreement (regarding Executive's salary) is hereby amended in its entirety to read as follows:
Amendment of Paragraph. 6(d)(i) - Distributions. Clause (d)(i) of Paragraph 6 shall be amended and restated to read in its entirety as follows:
Amendment of Paragraph. 1: ------------------------ The following language is hereby added at the end of Paragraph 1 of the Lease Form to read as follows:
Amendment of Paragraph. 11.01. ----------------------------
Amendment of Paragraph. 11. Paragraph 11 of the Agreement is amended to read as follows:
