Amendment dated June 2, 2010 to Offer Letter to David G. Bannister



 Exhibit 10.4 

 

					
	



	  		 	       FTI Consulting

      Phillips Point West Tower, Suite 1500

      777 South Flagler Drive

      West Palm Beach, FL 33401

main 561.515.1900
  

		  	Personal and Confidential	 	
			
		  		 	      www.fticonsulting.com


June 2, 2010 
 Mr. David G.
Bannister 
 P.O. Box 3387 
 Palm Beach,
FL 33480 
 Dear David: 
 We are
delighted to extend to you the following Amended Offer of Employment at FTI Consulting, Inc. (the “Company”). The terms of your employment will be as follows: 

Position - Executive Vice President and Chief Financial Officer. 

Base Salary - $700,000 per year. 

Bonus Opportunity - You will participate in the Section 162(m) bonus program for senior executive officers, with bonus
opportunities set annually upon achievement of corporate and individual goals. You will also participate in other bonus programs offered generally to senior executives. 

Severance Protection - In the event that you are terminated without Cause or terminate your employment for Good Reason, you will be
entitled to a cash payment of (i) your then current base salary plus (ii) $1,100,0000 (the “Severance Payment”). In the event that you are terminated without Cause or terminate your employment for Good Reason coincident with or
during the 12-month period after a Change of Control, you will be entitled to a cash payment equal to two times (2X) the Severance Payment. 

Leased Automobile - You will be provided a three-year leased automobile of your choice, with a monthly lease payment of up $3,000
per month, subject to the Company’s policy and practices regarding leased automobiles. The Company may review and revise its policy and practices from time to time, and if should this benefit be terminated, reasonable alternatives will be
proposed. 
 Paid Time Off - You will be entitled to five weeks of paid time off annually. Paid time off is not an accrued
benefit and unused time is not rolled over from year to year or paid out upon employment termination. 
 Benefits - You
will be eligible for standard employee benefits as described in the Company’s Employee Benefit Summary. 
 Principal
Place of Employment - West Palm Beach, FL. In the event you are required to move your principal place of employment to a location other than West Palm Beach, FL, you will be entitled to terminate your employment for Good Reason. 








 Mr. David G. Bannister 

June 2, 2010 
 Page 2 

 

 Employment at Will - You will be an employee-at-will. Employment may be
terminated by either party for any reason at any time, with or without cause. 
 Definitions - For purposes of this
Amended Offer of Employment, Cause, Good Reason and Change of Control are defined as provided in the Company’s employment agreements with its Chief Executive Officer, except that Change of Control shall not constitute Good Reason. 

We are very enthusiastic about your continued employment. In the position of Executive Vice President and Chief Financial Officer, you will report
directly to the Company’s CEO. 
 Yours truly, 
  

					
	/S/ JACK B. DUNN, IV	 		 	
			
	Jack Dunn	 		 	
	President & Chief Executive Officer	 		 	
			
	Accepted and Agreed:	 		 	
			
	 /S/ DAVID G. BANNISTER
	 		 	 June 3, 2010

	David G. Bannister	 		 	Date