APAC Customer Services – PERSONAL AND CONFIDENTIAL August 6, 2007 Dear Mark: (August 10th, 2007)
This letter amends your offer letter, dated April 12, 2004 (the Letter), for documentary compliance with recent legislative and regulatory changes affecting nonqualified deferred compensation arrangements. These amendments affect the terms of your severance benefits by delaying payment for 6 months as necessary in the event that you are considered a specified employee on the date of your separation from service and the severance benefits are considered nonqualified deferred compensation. This change is intended to protect your severance benefits from potential excise taxes under the new nonqualified deferred compensation arrangement rules.
APAC Customer Services – Contract (March 16th, 2005)