Amendment to Executive/Management Employment Agreement between Alon USA GP, LLC and Harlin R. Dean

Summary

This amendment, dated November 7, 2005, updates the employment agreement between Alon USA GP, LLC and Harlin R. Dean. The main change is to set the executive's target bonus at 100% of his base compensation. All other terms of the original employment agreement remain unchanged and in effect.

EX-10.1 2 d30112exv10w1.htm AMENDMENT TO EXECUTIVE/MANAGEMENT EMPLOYMENT AGREEMENT exv10w1

Exhibit 10.1

Amendment to Executive/Management Employment Agreement

This Amendment is made as of November 7^th, 2005 by and among Alon USA GP, LLC (“Employer”) and Harlin R. Dean (“Executive”).

Whereas, the Employer and Executive entered into that certain Executive/Management Employment Agreement dated as of October 1, 2002 (as amended to date, the “Employment Agreement”); and

Whereas, it is necessary to amend the Employment Agreement to reflect a change in the target bonus amount of Executive.

Now, therefore, the parties agree as follows:

1.		Target Bonus Amount, as set forth in Section 2(b) of the Employment Agreement, shall be one hundred percent (100%) of Executive’s base compensation.

2.		Except as set forth in this Amendment, nothing contained herein is intended to modify or otherwise affect the terms and conditions of the Employment Agreement which shall remain in full force and effect.

In Witness Whereof, the parties have caused this Amendment to be executed and delivered as of the date first above written.



		ALON		USA GP, LLC

		By:		/s/ David Wiessman

				David Wiessman


		Executive:		/s/ Harlin R. Dean

				Harlin R. Dean