EFTA01120020

IPI 
PFACC 
December 15, 2009 
President Terje Roed-Larsen 
International Peace Institute 
New York, New York 10017 
Dear Terje: 
At a meeting of the Board of Directors of the International Peace Institute 
(IPI), duly convened today, there was discussion of your performance as 
President since your initial engagement commencing January 2, 2005. 
The Board unanimously concluded your service has been exemplary, and 
authorized me to extend an offer to you to serve for a further term of five (5) 
years as President of IPI on the terms and conditions listed below. You have 
indicated your willingness to accept this offer. 
1. You will continue to serve as IPI's full-time chief executive officer, 
responsible for all of IPI's operations. You will report to the Board of 
Directors of IPI, which has empowered its Executive Committee to 
act on its behalf when the Board of Directors is not convened. 
2. You will serve for a five (5) year term commencing January 1, 2010. 
Your salary each year of the term will be as follows: 
January 1 — December 31, 2010 
US $400,000 
January 1 — December 31, 2011 
US $425,000 
January 1 — December 31, 2012 
US $450,000 
January 1 — December 31, 2013 
US $475,000 
January 1 — December 31, 2014 
US $500,000 
The Board will review your performance, especially with respect to 
fundraising activities, at the close of each year to determine whether a 
bonus, if any, for the year is in order. The Board shall fix the amount 
and conditions of any such bonus. 
777 United Nations Plaza. New York. NY 10017 USA 
FAX 
www.spinst org 
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3. You may terminate your employment at any time within the five (5) 
year period on sixty (60) days written notice to IPI. IPI may terminate 
your employment for just cause at any time or, without cause, on sixty 
(60) days written notice to you in which case you will be entitled to a 
severance pay of six months from the date of termination, as well as 
coverage of all health benefits to you and your dependants during the 
said six (6) month period. 
4. You are expected to reside in or around New York City. 
5. You will be reimbursed your reasonable and necessary travel and 
entertainment expenses each month upon presentation of receipts of 
same to me or to IN's Chief Financial Officer. 
6. You and your family will be entitled to all medical benefits enjoyed 
by IPI's employees. 
7. IPI will pay the travel costs at the best available airfare for you and 
your family for an annual home leave. Your home leave shall consist 
of two (2) months each year to be taken largely during the summer 
period for purposes of holiday and a retreat for scholarly work. 
8. Royalties for any intellectual work product which bears your name, 
and not that of IPI, will inure to you. It is not anticipated you will 
make any speeches or appearances which will be remunerated; should 
any such offer be received, you will seek my prior approval as to the 
propriety of the sponsor and the amount of remuneration and, if 
agreed upon, remuneration would inure to you. 
9. Should you receive any offers to join the Board of Directors of any 
not-for-profit entities, you will seek my prior approval as to the 
appropriateness of accepting same. 
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10. 
IPI will contribute to an account for your benefit in the income 
deferral plan now in place for senior IPI staff persons to the maximum 
extent allowed under relevant US laws. 
If the above correctly reflects your understanding, please sign where 
indicated and return to me. A copy is enclosed for your files. 
Sincerely, 
rufry.4 11.-/ 
Rita E. Hauser 
Chair, IPI Executive Committee and 
Chair, IPI Board of Directors 
AGREED TO AND ACCEPTED 
Roed-Larsen 
December 15, 2009 
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