Amendment to Executive Employment Agreement between Chesapeake Utilities Corporation and Jeffry M. Householder

Summary

Chesapeake Utilities Corporation and Jeffry M. Householder have agreed to amend their existing Executive Employment Agreement. This amendment extends the term of Mr. Householder's employment with the company through December 31, 2020, with the possibility of further extensions as outlined in the original agreement. All other terms and conditions of the original agreement remain unchanged.

EX-10.29 6 cpk12312019ex-1029.htm EXHIBIT 10.29 Exhibit

AMENDMENT TO EXECUTIVE EMPLOYMENT AGREEMENT

This Amendment to the Executive Employment Agreement (the “Amendment”) effective as of December 4, 2019, is hereby made by and between Chesapeake Utilities Corporation, a Delaware corporation (the “Company”), and Jeffry M. Householder (the “Executive”).

Background Information

The parties to this Amendment (the “Parties”) entered into an Executive Employment Agreement dated as of February 25, 2019 (the “Agreement”), regarding the Executive's employment relationship with the Company. The Parties desire to amend the Agreement to memorialize a future extension of the Current Term through December 31, 2020.

Agreement

In consideration of the mutual promises and covenants contained herein, the Company and Executive hereby agree that the Current Term under the Agreement shall expire on December 31, 2020, subject to further extensions of the Current Term as provided under and in accordance with the terms of the Agreement. All other provisions of the Agreement shall remain unchanged.

CHESAPEAKE UTILITIES CORPORATION

[CORPORATE SEAL] By: ______________________________

Title: ______________________________

ATTEST:

Date: ______________________________

__________________________

EXECUTIVE:

Name: _____________________________

Date: _____________________________