Document:

exv10w15b

Exhibit 10.15B

AMENDMENT TO LETTER AGREEMENT BETWEEN TEXTRON AND SCOTT C. DONNELLY

December 16, 2008

Mr. Scott C. Donnelly

Dear Scott:

The purpose of this letter is to amend the terms of your June 26, 2008 offer letter with respect to
your relocation benefits. Specifically, you were offered and have the relocation benefits
consistent with (and subject to the same tax consequences as) the benefits under Textron’s
relocation policy for senior executives. We have recently agreed to the following modification of
those benefits:

	1.	 	You have received and executed the SIRVA Relocation benefits package, including the Option to
Purchase and Put Agreement. After the required appraisals and inspections, SIRVA has set a
Guaranteed Purchase Price (“GPO”) for the property located at 6450 Given Road, Cincinnati, OH
at $1,275,000. You have until January 16, 2009 to require SIRVA to purchase the property at
this price.
	 
	2.	 	We have agreed to make the sale of this property equitable for you. Based upon your 2005
purchase price and subsequent improvements, we have agreed on a total equity value to you of
$2,592,000. In order to ensure that you receive your total equity value, we have agreed to
the following:

	 	a.	 	If you accept the GPO on or before December 31, 2008, Textron will provide you with
a special payment of $2,454,154. This will be paid as a lump sum within 15 days of your
written acceptance of the GPO.
	 
	 	b.	 	You understand that after you accept the GPO, SIRVA will become the owner of the
property with full rights to resell the property at any price. You will not have any
right to recover additional funds from SIRVA or the Company as a result of a later sale.

Please sign both copies of this amendment, retain one for your files and return one to me.

Sincerely,

	 	 	 	 	 	 	 
	     /s/ John Butler
 

	 	 	 	December 16,
2008
	 	 
	John Butler

	 	 	 	Date	 	 

 

 

December 9, 2008

Page 2

	 	 	 	 	 	 	 
	Understood and Agreed:
	 	 	 	 	 	 
	 
	 	 	 	 	 	 
	     /s/ Scott C. Donnelly
 

	 	 	 	December 16, 2008
	 	 
	Scott C. Donnelly

	 	 	 	Date	 	 

 

 

December 9, 2008

Page 3

Addendum No. 1 to Letter Amendment

Dated as of December 23, 2008

     Reference is made to that certain letter, dated December 16, 2008, between Textron Inc. and
Scott C. Donnelly (the “letter amendment”), amending the terms of the letter agreement, dated June
30, 2008 (referred to also as the June 26, 2008 offer letter), between Textron Inc. and Mr.
Donnelly. Terms used in this addendum which are not defined herein shall have the respective
meanings set forth in the letter amendment. This addendum shall confirm the agreement to amend
paragraph 2 a. of the letter amendment to provide that Mr. Donnelly may have until January 16, 2009
by which to accept the GPO. Textron will still provide Mr. Donnelly with a special payment of
$2,454,154, paid as a lump sum on or before December 31, 2008. This will further confirm that if
the property is purchased at a higher price than the $1,275,000 GPO prior to January 16, 2009 and
Mr. Donnelly does not accept the GPO, he will reimburse Textron Inc. for any gains in excess of
$1,275,000.

     In all other respects the letter amendment is hereby ratified and confirmed.

	 	 	 	 	 	 	 
	     /s/John D. Butler
 

Textron Inc.

	 	 	 	     /s/Scott C. Donnelly

 

     Scott C. Donnelly
	 	 
	By: John D. Butler

	 	 	 	     Executive Vice President and	 	 
	Executive Vice President Administration and

Chief Human Resources Officer

	 	 	 	     Chief Operating OfficerEX-10.1

Exhibit 10.1

	 	 	 
	To:

	 	Thomas B. Barker
	From:

	 	West Corporation Compensation Committee
	Date:

	 	February 23, 2009
	 
	 	 
	Re:

	 	Exhibit A

This Exhibit A for 2009 is entered into pursuant to your Employment Agreement.

	1.	 	Your base salary will be $900,000.
	 
	2.	 	Effective January 1, 2009, you will be eligible to receive a performance bonus based upon
West Corporation’s Adjusted EBITDA less interest income and unrealized synergies
(“Compensation Adjusted EBITDA”) growth for West Corporation in 2009. Compensation Adjusted
EBITDA for each quarter will be compared to the same quarter in the previous year to advance a
pro-rata portion of the bonus. Each $1M increase in Compensation Adjusted EBITDA for the year
over 2008 Compensation Adjusted EBITDA will result in a $56,750 bonus. If any portion of the
bonus is advanced, 75% of the pro-rata bonus will be paid within thirty (30) days from the end
of the quarter. 100% of the total bonus earned will be paid within thirty (30) days of the
final determination of 2009 Compensation Adjusted EBITDA.
	 
	 	 	Should Compensation Adjusted EBITDA exceed $671M for the year, you will eligible to receive
$70,945 for every $1M of Compensation Adjusted EBITDA above that threshold.
	 
	 	 	In the event there is a negative year-to-date profit calculation at the end of any quarter
and a pro-rata portion of the bonus has been advanced in a previous quarter, “loss carry
forward” will result and applied to the next quarterly or year-to-date calculation.
	 
	3.	 	All objectives are based upon West Corporation operations and will not include results
derived from mergers, acquisitions, joint ventures or stock buy backs except to the extent
approved by West Corporation’s Compensation Committee.
	 
	4.	 	At the discretion of the Compensation Committee, you may receive an additional bonus based on
the Company’s and your individual performance.

	 	 	 	 	 
	 	 	 
	 	                                                          /s/ Thomas B. Barker
 	 
	 	Employee – Thomas B. BarkerEX-10.2

Exhibit 10.2

	 	 	 
	To:

	 	Nancee R. Berger
	From:

	 	West Corporation Compensation Committee
	Date:

	 	February 23, 2009
	 
	 	 
	Re:

	 	Exhibit A

This Exhibit A for 2009 is entered into pursuant to your Employment Agreement.

	1.	 	Your base salary will be $600,000.
	 
	2.	 	Effective January 1, 2009, you will be eligible to receive a performance bonus based upon
West Corporation’s Adjusted EBITDA less interest income and unrealized synergies
(“Compensation Adjusted EBITDA”) growth for West Corporation in 2009. Compensation Adjusted
EBITDA for each quarter will be compared to the same quarter in the previous year to advance a
pro-rata portion of the bonus. Each $1M increase in Compensation Adjusted EBITDA for the year
over 2008 Compensation Adjusted EBITDA will result in a $37,840 bonus. If any portion of the
bonus is advanced, 75% of the pro-rata bonus will be paid within thirty (30) days from the end
of the quarter. 100% of the total bonus earned will be paid within thirty (30) days of the
final determination of 2009 Compensation Adjusted EBITDA.
	 
	 	 	Should Compensation Adjusted EBITDA exceed $671M for the year, you will eligible to receive
$47,300 for every $1M of Compensation Adjusted EBITDA above that threshold.
	 
	 	 	In the event there is a negative year-to-date profit calculation at the end of any quarter
and a pro-rata portion of the bonus has been advanced in a previous quarter, “loss carry
forward” will result and applied to the next quarterly or year-to-date calculation.
	 
	3.	 	All objectives are based upon West Corporation operations and will not include results
derived from mergers, acquisitions, joint ventures or stock buy backs except to the extent
approved by West Corporation’s Compensation Committee.
	 
	4.	 	At the discretion of the Compensation Committee, you may receive an additional bonus based on
the Company’s and your individual performance.

	 	 	 	 	 
	 	 	 
	 	     /s/ Nancee R. Berger
 	 
	 	Employee – Nancee R. BergerEX-10.3

Exhibit 10.3

	 	 	 
	To:

	 	Joseph Scott Etzler
	From:

	 	West Corporation Compensation Committee
	Date:

	 	February 23, 2009
	 
	 	 
	Re:

	 	Exhibit A

This Exhibit A for 2009 is entered into pursuant to your Employment Agreement.

	1.	 	Your base salary will be $500,000 per year.
	 
	2.	 	You are eligible to receive performance bonuses. The Company intends to calculate such
bonuses as follows:

	 	a)	 	First, you will be eligible to receive a bonus based upon InterCall, Inc’s
results (“Company Profitability Bonus”). The Company intends to calculate this Company
Profitability Bonus as follows:

	 	1)	 	The Target Company Profitability Bonus shall be $400,000.
	 
	 	2)	 	Each cumulative quarter’s net operating income before corporate
allocations, not to include Amortization for the Company (“Plan Year Company
NOI”), will be compared to the cumulative budgeted net operating income before
corporate allocations for the Company for the same period (“Company NOI
Budget”).
	 
	 	3)	 	The percentage by which the cumulative Plan Year Company NOI
exceeds (i.e., a positive percentage) or is less than (i.e., a negative
percentage) the cumulative Company NOI Budget shall be the “Company Profit
Variance Percentage.”
	 
	 	4)	 	Each quarter’s cumulative revenue for the Company (“Plan Year
Company Revenue”) will be compared to the cumulative budgeted revenue for the
Company for the same period (“Company Revenue Budget”).
	 
	 	5)	 	The percentage by which the cumulative Plan Year Company
Revenue exceeds (i.e., a positive percentage) or is less than (i.e., a negative
percentage) the cumulative Company Revenue Budget shall be the “Company Revenue
Variance Percentage.”
	 
	 	6)	 	The sum of one hundred percentage points (100%), plus the
product of (i) the average of the Company Profit Variance Percentage and the
Company Revenue Variance Percentage, multiplied by (ii) three (3), is the
“Company Bonus Factor.”
	 
	 	7)	 	The product of the Company Bonus Factor and the Target Company
Profitability Bonus, less any amounts paid to you for prior Company
Profitability Bonuses during the Plan Year, will be paid to you in the month
following each quarter end.

	 	b)	 	In no event shall the Company Profitability Bonus exceed $600,000.

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	 	c)	 	The Company intends to pay 75% of year-to-date bonuses on a quarterly basis
within thirty (30) days from the end of each quarter. 100% of any bonus earned as of
December 31, 2009 will be paid within thirty (30) days of the final determination of
2009 revenue and NOI.

	3.	 	In addition, if West Corporation achieves its 2009 publicly stated Adjusted EBITDA guidance,
you will be eligible to receive an additional one-time bonus of $100,000. This bonus is not
to be combined or netted together with any other bonus set forth in this agreement.
	 
	4.	 	All bonus calculations will be based upon the Company and West Corporation operations, and
will not include profit and income derived from mergers, acquisitions, joint ventures, stock
buybacks, other non-operating income unless specifically and individually approved by West
Corporation’s Compensation Committee
	 
	5.	 	At the discretion of executive management, you may also receive an additional bonus based on
your individual performance.

	 	 	 	 	 
	 	 	 
	 	                 /s/ Joseph Scott Etzler
 	 
	 	Employee – Joseph Scott Etzler 	 
	 	 	 
	 

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