Amendment to Consulting Period under Employment Agreement between Griffon Corporation and Harvey R. Blau
Griffon Corporation and Harvey R. Blau have agreed to extend the consulting period under Mr. Blau's existing employment agreement. The new end date for the consulting period is April 1, 2016. All other terms and conditions of the original agreement remain unchanged. This amendment is effective as of February 3, 2011.
Exhibit 10.1
Griffon Corporation
712 Fifth Avenue
New York, New York 10019
February 3, 2011
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, 2016. 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.
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| GRIFFON CORPORATION | |
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| By: | /s/ Seth L. Kaplan |
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| Name: Seth L. Kaplan | |
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| Title: Senior Vice President | |
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| Acknowledged and Agreed: |
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| /s/ Harvey R. Blau |
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| Harvey R. Blau |
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