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Pregis Holding II Corp – ‘10-K’ for 12/31/10 – ‘EX-10.22’

On:  Friday, 3/25/11, at 3:11pm ET   ·   For:  12/31/10   ·   Accession #:  950123-11-29173   ·   File #:  333-130353-04

Previous ‘10-K’:  ‘10-K/A’ on 3/26/10 for 12/31/09   ·   Latest ‘10-K’:  This Filing

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  As Of                Filer                Filing    For·On·As Docs:Size              Issuer               Agent

 3/25/11  Pregis Holding II Corp            10-K       12/31/10   10:2.4M                                   Donnelley … Solutions/FA

Annual Report   —   Form 10-K
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-K        Annual Report                                       HTML   1.05M 
 2: EX-10.22    Material Contract                                   HTML     14K 
 3: EX-10.23    Material Contract                                   HTML    861K 
 4: EX-10.24    Material Contract                                   HTML    180K 
 6: EX-21.1     Subsidiaries                                        HTML      6K 
 5: EX-12.1     Statement re: Computation of Ratios                 HTML     17K 
 7: EX-31.1     Certification -- Sarbanes-Oxley Act - Sect. 302     HTML     11K 
 8: EX-31.2     Certification -- Sarbanes-Oxley Act - Sect. 302     HTML     11K 
 9: EX-32.1     Certification -- Sarbanes-Oxley Act - Sect. 906     HTML      8K 
10: EX-32.2     Certification -- Sarbanes-Oxley Act - Sect. 906     HTML      8K

EX-10.22   —   Material Contract

This Exhibit is an HTML Document rendered as filed.  [ Alternative Formats ]

  exv10w22  
Exhibit 10.22
AMENDMENT TO EMPLOYMENT AGREEMENT
     This Amendment to Employment Agreement effective October 1,2010 by and among Pregis Holding I Corporation, a Delaware corporation (“Pregis I”) and its wholly-owned subsidiaries, Pregis Holding II Corporation, a Delaware corporation (“Pregis II”), and Pregis Corporation, a Delaware corporation (“Pregis”) (Pregis I, Pregis II and Pregis, collectively, the “Employers”) and Kevin Baudhuin (“Executive”) hereby amends the Employment Agreement dated December 11,2007 among Employers and Executive, as follows:
     In Section 2(a) Base Compensation, the phrase “Employers shall pay to Executive as base salary $325,000 per year” shall be deleted and replaced with “Employers shall pay to Executive as base salary $400,000 per year”.
     In addition, in Schedule A, Compensation Summary, the phrase “Target bonus of 40% of base salary” shall be deleted and replaced by “Target bonus of 60% base salary).
     All other terms and conditions of the Employment Agreement among Employers and Executive shall remain unchanged and in full force and effect.
     IN WITNESS WHEREOF, the parties have executed this Amendment to Employment Agreement as of the date of the year first above written.
 C:  C:  C:  C: 
                             
EMPLOYERS:       EXECUTIVE:
 
                            
PREGIS HOLDING I CORPORATION                        
 
                            
By:
Name:
  /s/ D.K LaVanway
 
D.K LaVanway 		      By:
Name: 		  /s/ Kevin Baudhuin
 
Kevin Baudhuin 		           
Title:
  CFO                        
 
                            
PREGIS HOLDING II CORPORATION                        
 
                            
By:
Name:
  /s/ D.K LaVanway
 
D.K LaVanway 		                       
Title:
  CFO                        
 
                            
PREGIS CORPORATION                        
 
                            
By:
Name:
  /s/ D.K LaVanway
 
D.K LaVanway 		                       
Title:
  CFO                        

 

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Filing Submission 0000950123-11-029173   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)
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