EX-10.3 4 a05-9587_1ex10d3.htm EX-10.3

EXHIBIT 10.3

 

AMENDMENT

TO

RESTATED EMPLOYMENT AGREEMENT

 

Reference is made to that certain Restated Employment Agreement (the “Agreement”), dated as of November 21, 1995, between Sonesta International Hotels Corporation (the “Company”) and Stephen Sonnabend (the “Executive”).  This shall constitute an Amendment to the Agreement.

 

1.               Section 11 is deleted and replaced with the following:

 

11.  Notices.  All notices under this Agreement shall be in writing and delivered by hand or addressed and mailed by registered or certified mail, return receipt requested, if to the Company:

 

 

Sonesta International Hotels Corporation

 

116 Huntington Avenue, Floor 9

 

Boston, MA 02116

 

Attn: Office of Treasurer

 

 

with a copy to:

 

 

 

Norman Spector, Esq.

 

Burns & Levinson

 

125 Summer Street

 

Boston, MA 02110

 

 

and if to the Executive

 

 

 

Mr. Stephen Sonnabend

 

350 Coconut Lane

 

Key Biscayne, Fl 33149

 

or to such other address for notice as may be specified by any party hereto by notice given in the manner herein provided.

 

2.               In all other respects the Agreement remains unchanged and in effect as of this May 16, 2005

 



 

IN WITNESS WHEREOF, the parties have executed this First Amendment as of the day and year written above.

 

 

SONESTA INTERNATIONAL HOTELS

 

CORPORATION

 

 

 

 

 

 

 

By:

/S/ Boy van Riel

 

 

 

 

 

Its:

Vice President and Treasurer

 

 

 

 

 

 

 

 

/S/ Stephen Sonnabend

 

 

Stephen Sonnabend