Amendment No. 1 to Consulting Agreement between Michael Baker Corporation and Richard L. Shaw

Summary

Michael Baker Corporation and Richard L. Shaw have agreed to extend their existing consulting agreement for an additional two years, from April 26, 2003, to April 26, 2005. All other terms and conditions of the original agreement remain unchanged. This amendment is effective as of April 26, 2003, and is signed by both parties to confirm their mutual agreement to the extension.

EX-10.2.E 4 j0499801exv10w2we.txt EXHIBIT 10.2.E Exhibit 10.2(a) AMENDMENT NO. 1 TO CONSULTING AGREEMENT This AMENDMENT NO. 1 to the Consulting Agreement between the parties is entered into by and between Michael Baker Corporation, a Pennsylvania Corporation (the "Corporation") and Richard L. Shaw, an individual (the "Executive"), effective April 26, 2003. WHEREAS, the Corporation and the Executive entered into the Consulting Agreement, a true and correct copy of which is attached hereto as Exhibit A, effective April 25, 2001, and continuing for a two (2) year term until April 26, 2003; and WHEREAS, the Corporation and the Executive now desire to extend the term of the Consulting Agreement upon the same terms and conditions for an additional two (2) year period until April 26, 2005; NOW THEREFORE, in consideration of the mutual promises contained herein and other good and valuable consideration, and intending to be legally bound hereby, THE PARTIES AGREE AS FOLLOWS: The term of the Consulting Agreement effective April 25, 2001 between the parties shall be, and the same hereby is, extended for an additional two (2) year term from April 26, 2003 until April 26, 2005 upon the same terms and conditions. IN WITNESS WHEREOF, effective April 26, 2003, the parties have executed this AMENDMENT NO. 1 to the Consulting Agreement. MICHAEL BAKER CORPORATION Attest: (The "Corporation") /s/ H. James McKnight By: /s/ Donald P. Fusilli, Jr. - ---------------------- ---------------------------- H. James McKnight Donald P. Fusilli, Jr. Secretary President & Chief Executive Officer Witness: Richard L. Shaw (The "Executive") /s/ Margaret P. Shaw /s/ Richard L. Shaw - ----------------------- ------------------------