EX-10.14 3 dex1014.htm EMPLOYMENT AGREEMENT BETWEEN YUASA, INC AND MICHAEL T. PHILION Employment Agreement between Yuasa, Inc and Michael T. Philion

Exhibit 10.14

Letter, dated April 1, 2007, amending the Employment Agreement between Yuasa, Inc. and Michael T. Philion

EnerSys

JOHN D. CRAIG

Chairman, President & CEO

April 1, 2007

Mr. Michael T. Philion

c/o  EnerSys
   2366 Bernville Road
    Reading, PA 19605

Dear Mike:

With reference to your employment agreement (the “Employment Agreement”) with EnerSys Delaware Inc., f/k/a Yuasa, Inc., (the “Company”), dated November 9, 2000, pursuant to which you are currently employed as Executive Vice President Finance and Chief Financial Officer of the Company, the Compensation Committee of the Board of Directors of the Company has approved your salary as set forth in Section 3 of the Employment Agreement is increased to $377,000.00, effective as of April 1, 2007.

Except as expressly set forth in the letter, the Employment Agreement shall remain in full force and effect.

 

By:     
  John D. Craig
  Chairman, President & Chief Executive Officer

JDC:jls