EX-10.27.1: FIRST AMENDMENT TO EMPLOYMENT AGREEMENT
EX-10.27.1 7 y52203exv10w27w1.htm EX-10.27.1: FIRST AMENDMENT TO EMPLOYMENT AGREEMENT EX-10.27.1
Exhibit 10.27.1
FIRST AMENDMENT
TO
EMPLOYMENT AGREEMENT
FIRST AMENDMENT TO EMPLOYMENT AGREEMENT, dated as of November 30, 2007 (this Amendment), by and between CVR ENERGY, INC., a Delaware corporation (the Company), and DANIEL J. DALY, JR. (the Executive).
WHEREAS, the Company and the Executive have entered into an Employment Agreement dated as of October 23, 2007 (the Agreement), and the Company and the Executive now desire to amend the Agreement, as provided in this Amendment.
NOW, THEREFORE, in consideration of the mutual covenants contained herein and other valid consideration the sufficiency of which is acknowledged, the parties hereto agree that the Agreement is hereby amended as follows:
1. The first sentence of Section 1.2 of the Agreement is hereby amended by deleting the words Senior Vice President, Accounting & Controls and inserting, in lieu thereof, the words Executive Vice President Strategy.
2. This Amendment is effective as of December 1, 2007.
3. This Amendment is hereby incorporated into the Agreement by this reference. Except as amended herein, the Agreement shall continue in full force and effect, subject to and in accordance with its terms.
IN WITNESS WHEREOF, the parties have executed this Amendment as of the date first written above.
CVR ENERGY, INC. | ||||||
/s/ Daniel J. Daly, Jr. | By: | /s/ Stanley A. Riemann | ||||
DANIEL J. DALY, JR. | Stanley A. Riemann, | |||||
Chief Operating Officer |