Second Amendment to Employment Agreement between Lindsay Manufacturing Co. and Richard W. Parod

Summary

This amendment extends the employment agreement between Lindsay Manufacturing Co. and Richard W. Parod for two more years, making the new end date April 5, 2007, unless ended earlier as specified in the original agreement. All other terms of the original agreement remain unchanged and in effect.

EX-10.(A) 2 c90751exv10wxay.txt SECOND AMENDMENT TO EMPLOYMENT AGREEMENT EXHIBIT 10(a) SECOND AMENDMENT TO EMPLOYMENT AGREEMENT This is the Second Amendment to the Employment Agreement ("Agreement") between Lindsay Manufacturing Co., a Delaware corporation ("LINDSAY"), and Richard W. Parod ("PAROD"), which was entered into on March 8, 2000, and under which PAROD commenced employment on April 5, 2000, and was previously amended on May 2, 2003. I. Paragraph 2 of the Agreement is hereby amended to extend the Term of the Agreement for two additional years, so that, unless terminated at an earlier date in accordance with Paragraph 4 of the Agreement, the Term shall continue in effect until April 5, 2007. II. All other terms and conditions of the Agreement are hereby ratified and confirmed. All defined terms which are used herein shall have the same meaning as in the Agreement, except as modified herein. IN WITNESS WHEREOF, the parties have executed this Second Amendment to the Agreement to be effective on the later date set forth below when the Agreement has been executed by both parties. RICHARD W. PAROD LINDSAY MANUFACTURING CO. /s/ Richard W. Parod /s/ Michael N. Christodolou - ------------------------ ----------------------------------- Richard W. Parod Michael N. Christodolou Chairman of the Board Date: December 22, 2004 Date: November 30, 2004