LAMMOT J. DU PONT FIRST AMENDMENT TO AMENDED AND RESTED EMPLOYMENT AGREEMENT
Exhibit 10.2
LAMMOT J. DU PONT
FIRST AMENDMENT
TO
AMENDED AND RESTED EMPLOYMENT AGREEMENT
THIS FIRST AMENDMENT TO AMENDED AND RESATED EMPLOYMENT AGREEMENT (this First Amendment) is dated as of May 21, 2012, by and between DuPont Fabros Technology, Inc., a Maryland corporation (the Company), DF Property Management LLC, a Delaware limited liability company (the LLC), and Lammot J. du Pont (the Executive).
A. The Company, the LLC and the Executive are parties to an Amended and Restated Employment Agreement (the Original Agreement), dated as of October 27, 2011.
B. The parties desire to amend the Original Agreement to make certain revisions to the definition of Good Reason.
Accordingly, the parties hereto agree as follows:
1. Section 6.5 of the Original Agreement is hereby amended to remove clause (v) from the definition of Good Reason.
2. Unless specifically modified herein, all other terms and conditions of the Original Agreement shall remain in effect.
IN WITNESS WHEREOF, the parties hereto have signed their names as of the day and year first above written.
DUPONT FABROS TECHNOLOGY, INC. | ||||||
By: | /s/ Mark L. Wetzel | |||||
Name: | Mark L. Wetzel | |||||
Title: | Executive Vice President, Chief Financial Officer and Treasurer | |||||
DF PROPERTY MANAGEMENT LLC | ||||||
By: | DuPont Fabros Technology, L.P., its Managing Member | |||||
By: | DuPont Fabros Technology, Inc., its General Partner | |||||
By: | /s/ Mark L. Wetzel | |||||
Name: | Mark L. Wetzel | |||||
Title: | Executive Vice President, Chief Financial Officer and Treasurer | |||||
/s/ Lammot J. du Pont | ||||||
Lammot J. du Pont |