Amendment to Amended & Restated Employment Agreement between Ferguson Enterprises, LLC and William Thees
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Summary
This amendment updates the employment agreement between Ferguson Enterprises, LLC (on behalf of itself and its parent company, Ferguson Enterprises Inc.) and William Thees. Effective February 1, 2025, Mr. Thees's job title is changed to Chief Operating Officer. All other terms of the original agreement remain unchanged.
EX-10.1 2 a101theesamendmenttoemploy.htm EX-10.1 Document
Exhibit 10.1
AMENDMENT TO
AMENDED & RESTATED EMPLOYMENT AGREEMENT
This Amendment (“Amendment”) to the Employment Agreement (“Agreement”), dated June 1, 2022, as previously amended and restated on August 30, 2023 and further amended on August 1, 2024, by and between Ferguson Enterprises, LLC (“FELLC”), a Virginia limited liability company, on behalf of itself and its ultimate parent company, Ferguson Enterprises Inc., a Delaware corporation (“Ferguson”; collectively, with their subsidiaries, the “Company”) and William Thees (“Executive”), is made effective on February 1, 2025 (“Effective Date”) pursuant to Section 22 of the Agreement.
The parties hereby resolve to amend the Agreement as follows:
1. Executive’s title set forth in Section 2 of the Agreement is hereby changed to “Chief Operating Officer.”
All other terms remain unchanged.
IN WITNESS WHEREOF, the parties have executed this Amendment as of the Effective Date.
| FERGUSON ENTERPRISES, LLC: | EXECUTIVE: | |||||||||||||||||||
| By: | /s/ Allison Stirrup | By: | /s/ William Thees | |||||||||||||||||
| Allison Stirrup | William Thees | |||||||||||||||||||
| Chief Human Resources Officer | ||||||||||||||||||||
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