Amendment to Consulting Period under Employment Agreement between Griffon Corporation and Harvey R. Blau

Summary

This letter agreement between Griffon Corporation and Harvey R. Blau extends the consulting period under Mr. Blau's existing employment agreement to April 1, 2021. All other terms and conditions of the original agreement remain unchanged. Both parties have acknowledged and agreed to this extension in writing.

EX-10.1 2 exh101to2q10q.htm EXHIBIT 10.1 Exh101to2Q10Q

Exhibit 10.1

712 Fifth Avenue

New York, New York 10019

(212) 957-5003

January 28, 2015

PERSONAL AND CONFIDENTIAL

Mr. Harvey R. Blau

c/o Griffon Corporation

712 Fifth Avenue

NY, NY 10019

Dear Harvey:

Reference is hereby made to your employment agreement dated as of July 1, 2001 between you and Griffon Corporation, as amended to date (the “Agreement”). Notwithstanding any provision in the Agreement to the contrary, the term of the Consulting Period, as defined therein, is hereby extended to April 1, 2021.

Except as expressly modified herein, the terms and provisions of your consulting entitlements and obligations remain the same as they were immediately prior to the date hereof.

GRIFFON CORPORATION

By: /s/ Seth L. Kaplan

Seth L. Kaplan

Senior Vice President

Acknowledged and Agreed:

/s/ Harvey R. Blau

Harvey R. Blau

Dated: February 5, 2015