GLOBAL CROSSING LTD - FORM 10-K - EX-10.5 - THIRD AMENDMENT TO EMPLOYMENT AGREEMENT, DATED AS OF DECEMBER 31, 2009 - February 23, 2010

Attached files

file filename
10-K - FORM 10-K - GLOBAL CROSSING LTDd10k.htm
EX-31.1 - CERTIFICATION BY JOHN J. LEGERE, CHIEF EXECUTIVE OFFICER OF GCL - GLOBAL CROSSING LTDdex311.htm
EX-21.1 - SUBSIDIARIES OF GCL - GLOBAL CROSSING LTDdex211.htm
EX-12.1 - COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES - GLOBAL CROSSING LTDdex121.htm
EX-32.1 - CERTIFICATION BY JOHN J. LEGERE, CHIEF EXECUTIVE OFFICER OF GCL - GLOBAL CROSSING LTDdex321.htm
EX-23.1 - CONSENT OF ERNST & YOUNG LLP - GLOBAL CROSSING LTDdex231.htm
EX-4.20 - AMENDMENT NO. 3 TO REGISTRATION RIGHTS AGREEMENT, DATED AS OF AUGUST 27, 2007 - GLOBAL CROSSING LTDdex420.htm
EX-32.2 - CERTIFICATION BY JOHN A. KRITZMACHER, CHIEF FINANCIAL OFFICER OF GCL - GLOBAL CROSSING LTDdex322.htm
EX-31.2 - CERTIFICATION BY JOHN A. KRITZMACHER, CHIEF FINANCIAL OFFICER OF GCL - GLOBAL CROSSING LTDdex312.htm

Exhibit 10.5

LOGO

December 16, 2009

Mr. John J. Legere

Chief Executive Officer

Global Crossing Limited

200 Park Avenue

Florham Park, New Jersey 07932

Re: Third Amendment to Employment Agreement

Dear Mr. Legere:

Reference is made to the Employment Agreement dated as of August 15, 2006 (as amended through December 31, 2008, the “Agreement”) between you and Global Crossing Limited (the “Company”). Capitalized terms used in this letter shall have the respective meanings set forth in the Agreement.

Effective December 16, 2009, the Agreement is amended by deleting from Section 2 thereof the reference to “the fourth anniversary of the Effective Date” and inserting, in lieu thereof, “the sixth anniversary of the Effective Date.”

Except as specifically set forth herein, all provisions of the Agreement shall continue in full force and effect.

Please confirm your agreement to the foregoing by executing this Third Amendment in the space indicated below.

 

Very truly yours,
GLOBAL CROSSING LIMITED
By:  

/s/ Laurinda Pang

Name: Laurinda Pang
Title: Senior Vice President of Human Resources

ACKNOWLEDGED AND AGREED:

 

/s/ John J. Legere

John J. Legere

GLOBAL CROSSING LTD Reports