ADDENDUM TO EMPLOYMENT AGREEMENT
This Addendum (the "Addendum") is made effective as of the 15th day of
December, 1999 and is intended to amend a certain Employment Agreement (the
"Agreement") by and between Erie Indemnity Company and Xxxxxx X. Xxxxxx
effective as of December 16, 1997.
WHEREAS, the Company has determined that it is in the best interest of
the Company and its Shareholders to secure the continued employment of the
Executive in accordance with the terms of the Agreement; and
WHEREAS, the Board of Directors of the Company at its meeting of March
9, 1999 agreed to extend the term of the Agreement for a period of one (1)
additional year which extended the term of the Agreement to expire on December
15, 2000 instead of December 15, 1999; and
WHEREAS, the Board of Directors of the Company at its meeting of
December 14, 1999 has again agreed to extend the term of the Agreement for a
period of one (1) additional year as contained herein; and
WHEREAS, the Executive is agreeable to the extension of the Agreement.
NOW, THEREFORE, intending to be legally bound hereby, the parties agree
as follows:
1. Paragraph 1 of the Agreement with respect to the Term is hereby
amended by extending the Term to expire on December 15, 2001.
2. All other terms and conditions of the Agreement remain in full force
and effect.
ATTEST: ERIE INDEMNITY COMPANY
/s/ Xxxx X. Xxxxx By: /s/ F. Xxxxxxx Xxxx
Xxxx X. Xxxxx F. Xxxxxxx Xxxx
Assistant Secretary Chairman of the Board
WITNESS:
/s/ Xxxx Xxxxxxxxxx /s/ Xxxxxx X. Xxxxxx
Xxxx Xxxxxxxxxx Xxxxxx X. Xxxxxx
000 Xxxxxxxxxxx Xxxxx
Xxxx, XX 00000
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