{"id":39127,"date":"2015-09-17T11:25:58","date_gmt":"2015-09-17T16:25:58","guid":{"rendered":"https:\/\/content.findlaw-admin.com\/ability-legal\/contracts\/uncategorized\/employment-agreement-enron-corp-and-ronald-j-burns.html"},"modified":"2015-09-17T11:25:58","modified_gmt":"2015-09-17T16:25:58","slug":"employment-agreement-enron-corp-and-ronald-j-burns","status":"publish","type":"corporate_contracts","link":"https:\/\/corporate.findlaw.com\/contracts\/compensation\/employment-agreement-enron-corp-and-ronald-j-burns.html","title":{"rendered":"Employment Agreement &#8211; Enron Corp. and Ronald J. Burns"},"content":{"rendered":"<pre>\n           THIRD AMENDMENT TO EMPLOYMENT AGREEMENT\n\n     This Agreement, entered into and made effective as of\nMay 2, 1994, by and between Enron Corp. ('Company'), a\nDelaware corporation having its headquarters at 1400 Smith\nStreet, Houston, Texas 77002, and Ronald J. Burns\n('Employee'), an individual residing in Houston, Texas, is\nan amendment to that certain Employment Agreement between\nthe parties entered into the 30th day of June, 1989, and\nmade effective as of July 1, 1989 (the 'Employment\nAgreement').\n\n     WHEREAS, the parties desire to amend the Employment\nAgreement as provided herein;\n\n     NOW, THEREFORE, for and in consideration of the mutual\ncovenants contained herein, the parties agree as follows:\n\n1.   The Term of Employment as provided for in Article 2 is\namended to provide that the Initial Term shall extend to and\nterminate on the last day of the month of August, 1998 or on\nany subsequent date as may be agreed upon in writing by\nEmployee and Company.\n\n2.   In consideration hereof, Company hereby awards to\nEmployee a grant of Two Hundred Thousand (200,000) stock\noptions from the Enron Corp. 1991 Stock Plan effective May\n2, 1994, which is attached hereto as Exhibit 'A'.\n\nThis Agreement is a third amendment to the Employment\nAgreement, and the parties agree that all other terms,\nconditions and stipulations contained in the Employment\nAgreement, and any amendments thereto, shall remain in full\nforce and effect and without any change or modification,\nexcept as provided herein.\n\n     IN WITNESS WHEREOF, the parties have duly executed this\nAgreement as of the date first above written.\n\n\nENRON CORP. \n\n\nBy:      RICHARD D. KINDER            \nName:    Richard D. Kinder\nTitle:   President &amp; Chief Operating\n         Officer\n\n\n\nRONALD J. BURNS\nRonald J. Burns                       \n\n\n<\/pre>\n","protected":false},"template":"","meta":{"_acf_changed":false,"_stopmodifiedupdate":true,"_modified_date":"","_cloudinary_featured_overwrite":false},"corporate_contracts_companies":[7454],"corporate_contracts_industries":[9535],"corporate_contracts_types":[9539,9544],"class_list":["post-39127","corporate_contracts","type-corporate_contracts","status-publish","hentry","corporate_contracts_companies-enron-corp","corporate_contracts_industries-utilities__gas","corporate_contracts_types-compensation","corporate_contracts_types-compensation__employment"],"acf":[],"_links":{"self":[{"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts\/39127","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts"}],"about":[{"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/types\/corporate_contracts"}],"wp:attachment":[{"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/media?parent=39127"}],"wp:term":[{"taxonomy":"corporate_contracts_companies","embeddable":true,"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts_companies?post=39127"},{"taxonomy":"corporate_contracts_industries","embeddable":true,"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts_industries?post=39127"},{"taxonomy":"corporate_contracts_types","embeddable":true,"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts_types?post=39127"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}