EMCOR Group, Inc. Option Acceleration Letter to Executive Officer (June 2004)

Summary

This letter from EMCOR Group, Inc. notifies an executive officer that their previously unvested stock options, granted on January 2, 2003 and January 2, 2004, are now fully vested as of June 10, 2004. The executive may exercise these options at any time after this date, subject to the original terms regarding expiration or cancellation. The letter is signed by the company's CEO, Frank T. MacInnis.

EX-10.(B)(B) 3 c35676_ex10bb.txt EXHIBIT 10(b)(b) June 22, 2004 [Name of Executive Officer] EMCOR Group, Inc. 301 Merritt Seven Norwalk, CT 06851 Dear ___________: As of June 9, 2004, you held the following unvested options: Date of Grant Number of Options Exercise Price --------------- ----------------- -------------- January 2, 2003 ______ $54.73 January 2, 2004 ______ $43.83 Please be advised that on June 10, 2004, the Board of Directors of the Company agreed that the aforementioned options shall be vested as of that date. Accordingly, those options may be exercised at any time or from time to time, in whole or in part, from and after June 10, 2004 subject to any other terms with respect to the expiration or cancellation of such options contained in the Option Agreements between you and the Company evidencing the grants of such options. Very truly yours, EMCOR Group, Inc. by /s/ FRANK T. MACINNIS --------------------- Frank T. MacInnis