Exhibit 10.37
Exhibit 10.37 Form of letter agreement, dated November 13, 1997, regarding
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amendment to change in control agreement, dated May 12, 1997, between the
registrant and each of Xxxxx Xxxxxxx and M. Xxxxx Xxxxxx
VIKING OFFICE PRODUCTS, INC.
000 Xxxx 000xx Xxxxxx
Xxx Xxxxxxx, XX 00000-0000
November 13, 1997
Xx. Xxxxx Xxxxxxx
c/o Viking Office Products, Inc.
000 Xxxx 000xx Xxxxxx
Xxx Xxxxxxx, XX 00000
Dear Xxxxx:
The purpose of this letter (the "Amendment") is to amend the letter
Agreement dated as of May 12, 1997 (the "Change in Control Agreement") between
you and Viking Office Products, Inc. (the "Company"), in order to correct an
error herein. Terms used in this Amendment that are defined in the Change in
Control Agreement shall have the same meanings herein as in the Change in
Control Agreement unless otherwise provided herein.
Please sign the enclosed copy of this letter in the space indicated and
return it to me to evidence your agreement to the following provisions:
A. Paragraph 8 of Part Two of the Agreement is hereby amended so that, as
amended, it shall be and read as follows:
"8. DELAYED TERMINATION. One year after the date that Change in
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Control is effective you will have 30 days to resign your employment
(whether or not such resignation qualifies as a Resignation for Good
Reason) and receive (a) the CIC Severance Payments and (b) the payments
contemplated by Paragraph 2 of this Part Two. In addition, Paragraphs 3,
5, 6 and 7 of this Part Two shall apply when applicable. All payments
required hereunder shall be made at the times provided in the Paragraphs
referred to herein."
B. The Change in Control Agreement, as amended by this Amendment, is and
shall remain in full force and effect in accordance with its terms.
Very truly yours,
VIKING OFFICE PRODUCTS, INC.
By: _________________________
M. Xxxxx Xxxxxx, President
APPROVED AND AGREED:
By: _______________________
Xxxxx Xxxxxxx
