Exhibit 10(i)(v)
AMENDMENT NO. 4 TO EMPLOYMENT AGREEMENT
AMENDMENT No. 4 to Employment Agreement dated as of
May 1, 1993, as amended by Amendment No. 1 thereto dated March 18, 1994, as
amended by Amendment No. 2 thereto dated as of September 16, 1994, and as
amended by Amendment No. 3 thereto dated as of May 1, 1996 (said Employment
Agreement as so amended being hereinafter called the "Employment Agreement"),
between The Pittston Company, a Virginia corporation (the "Company"), and Xxxxxx
X. Xxxxxxx, residing at 0000 Xxxxxxxxx Xxxxxx, Xxxxxxxx, Xxxxxxxx 00000 (the
"Employee").
The Company and the Employee agree to amend the Employment
Agreement as follows:
1. The last sentence of the second paragraph of Section 1 of
the Employment Agreement is hereby amended by substituting the phrase "Executive
Agreement dated as of April 23, 1997" for the phrase "Employment Agreement dated
as of March 1, 1984".
IN WITNESS WHEREOF, the parties have executed this
Amendment No. 4 as of April 23, 1997.
THE PITTSTON COMPANY
By /s/ Xxxxx X. Xxxxxx
-----------------------
Xxxxx X. Xxxxxx
Vice President -
Human Resources and
Administration
APPROVED:
/s/ Xxxxx X. Xxxxxxxx
-----------------------
Xxxxx X. Xxxxxxxx
Chairman, Compensation and
Benefits Committee of the
Board of Directors /s/ Xxxxxx X. Xxxxxxx
---------------------
Xxxxxx X. Xxxxxxx
