FOSTER WHEELER LTD
EX-10.3: AGREEMENT FOR THE TERMINATION OF FIXED TERM EMPLOYMENT CONTRACT
<DOCUMENT>
<TYPE>EX-10.3
<SEQUENCE>3
<FILENAME>y72045exv10w3.htm
<DESCRIPTION>EX-10.3: AGREEMENT FOR THE TERMINATION OF FIXED TERM EMPLOYMENT CONTRACT
<TEXT>
<HTML>
<HEAD>
<TITLE>EX-10.3</TITLE>
</HEAD>
<BODY bgcolor="#FFFFFF">
<!-- PAGEBREAK -->
<DIV style="font-family: 'Times New Roman',Times,serif">


<DIV align="right" style="font-size: 10pt; margin-top: 12pt"><B>Exhibit&nbsp;10.3</B>
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>AGREEMENT FOR THE TERMINATION OF FIXED TERM EMPLOYMENT CONTRACT</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">This agreement is made between Foster Wheeler Continental Europe S.r.l. (<I>&#147;The Company&#148;)</I>,
represented by Mr.Antonio Vietti, Human Resources Director, <I>on one side</I>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt">and
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Mr.&nbsp;Umberto della Sala <I>(&#147;The Executive&#148;)</I>, born in Avellino Italy on April 4&#176;, 1948, employed with
Foster Wheeler Continental Europe S.r.l. by means of a fixed term contract as of April
1<SUP style="font-size: 85%; vertical-align: text-top">st</SUP>, 2008, <I>on the other side.</I>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">By executing this agreement the Company and the Executive agree as follows:
</DIV>


<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">1.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>with the signature of this agreement the Executive formally resigns as an employee of
the Company and requires the Company to terminate the employment contract in force on
September&nbsp;30, 2008, without applying any deduction for the anticipated termination of the
fixed term contract in force;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">2.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>the Company does accept the above mentioned Executive resignation and with the
signature of this agreement confirms that the employment contract in force with the
Executive will terminate for any purpose on September&nbsp;30, 2008; furthermore, the Company
confirms that the Executive will not be subject to any deduction for the anticipated
termination of the employment contract;</TD>
</TR>

</TABLE>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt">Agreed and signed in Corsico (Mi) on September&nbsp;30, 2008
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>FOSTER WHEELER CONTINENTAL EUROPE THE EXECUTIVE</B>
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="38%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->


<TR style="font-size:10pt">
<TD>BY</TD>
</TR>
<TR style="font-size:10pt">
<TD>&nbsp;</TD>
</TR>


<TR valign="bottom">
    <TD align="left" valign="top">/s/ Antonio Vietti
<DIV style="font-size: 1pt; border-top: 1px solid #000000">&nbsp;</DIV>
NAME: Antonio Vietti
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">/s/ Umberto della Sala
<DIV style="font-size: 1pt; border-top: 1px solid #000000">&nbsp;</DIV>
NAME: Umberto della Sala
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="left" valign="top"><br style="font-size: 6pt">
TITLE: Human Resources Director</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
