PERSONNEL/CONFIDENTIAL
Mr P
Hulme
Huntsman
Everberg
TEL: 01749 335215 DATE: 8th December 2004
Dear Paul
With reference to your original offer of assignment to Everberg dated 1st August 1989.
I am writing to confirm Huntsman offer to extend your assignment for a twelve-month period with effect from 1st January until 31st December 2005. All your other terms and conditions of employment remain unaltered.
If you are willing to accept the extension on the conditions set out in this letter, please indicate your agreement by signing the statement at the foot of the enclosed copy of this letter and returning it to me at the above address.
With best wishes
Yours sincerely
/s/ Sharon Davis
Sharon
Davis
Compensation and Benefits Administrator
Shepton Mallet
Original Assignment Contract start date: 1.8.89
I wish to accept your offer of placement on the terms and conditions contained and referred to in this letter.
Signed | /s/ P. Hulme |
Date | 10th December 2004 |
HUNTSMAN POLYURETHANES (UK) LIMITED
Higher Maltings, Charlton Estate, Shepton Mallet, Somerset, BA4 5QE, Telephone +44 (0)1749 335200, Fax +44 (0)1749 346283
Registered in England and Wales. No. 3767067. Registered Office: Haverton Hill Road, Billingham, TS23 IPS
Personnel/Confidential
Date 7th August 2003
Mr. Paul
Hulme
C/o Huntsman Polyurethanes
Dear Paul
In recognition of your appointment as Vice President, Huntsman Advanced Materials, I am pleased to offer you your new compensation and benefits package, with effect from 1st April 2003 the following will apply.
UK £210,000 per annum Euros 260,000 per annum
Please find enclosed your new expatriation salary calculation pro-forma (attachment 1) showing your new net delivery payments. Please advise Dave Hopson which split payment option you would like implemented.
All other terms and conditions of employment will remain the same.
With kind regards
Patrick Thomas
Enc. Salary Proforma
[HUNTSMAN Polyurethanes Logo]
Personnel/Confidential
1st September 2003
Mr. Paul
Hulme
c/o Huntsman Polyurethanes
Everberg
Belgium
Bonus PaymentVantico 2003
Dear Paul
I am pleased to confirm that following the successful acquisition of the Vantico business, you have been awarded a bonus payment of US$50,000 (gross). Following a withholding of tax at 40% and conversion to Euros a net payment of Euros 27,339.72 will be credited to your nominated bank account on 8th September 2003.
Please note that the Company will finance any subsequent tax equalisation charges, following the declaration in the Host Country.
With best wishes
Dave Hopson
Personnel/Confidential
19 April 2004
Mr. P Hulme
Dear Paul
Bonus Scheme 2003
I am writing to confirm that you are entitled to a payment of £156,760. This amount will be paid via the UK and withholding Tax/NI of 41% will be deducted, you will therefore receive a net payment of £92,488.40.
Please note that the Company will finance any subsequent tax equalisation charges, following the declaration in the Host Country.
Please confirm to me the bank details to which you would like this payment made?
With best wishes
Dave Hopson