First Amendment to Employment Agreement between U.S. Concrete and William T. Albanese
Exhibit 10.4
AMENDMENT NO. 1 TO EMPLOYMENT AGREEMENT
THIS AMENDMENT NO. 1 TO EMPLOYMENT AGREEMENT (this Amendment) is effective as of May 17, 2005, by and between U.S. Concrete, Inc., a Delaware corporation (the Company), and William T. Albanese (Executive).
PRELIMINARY STATEMENT
WHEREAS, the Company and Executive have entered into that certain Employment Agreement, dated as of May 28, 2003 (the Agreement); and
WHEREAS, the Company and Executive desire to amend the Agreement in accordance with Section 5.7 of the Agreement.
NOW, THEREFORE, in consideration of the mutual covenants and agreements contained herein and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, and intending to be legally bound hereby, the parties hereto agree as follows:
1. Defined Terms. All capitalized terms used in this Amendment and otherwise not defined herein shall have the meanings assigned to them in the Agreement.
2. Amendment to Position. Executives Position set forth on Exhibit A to the Agreement is hereby amended to read Regional Vice President Northern California Region.
3. No Further Amendment or Modification. Except as specifically set forth in this Amendment, all other terms and conditions of the Agreement as set forth therein are hereby ratified and affirmed and shall remain in full force and effect.
IN WITNESS WHEREOF, the Company and Executive have executed this Amendment in multiple originals to be effective on May 17, 2005.
William T. Albanese (Executive) |
| U.S. Concrete, Inc. (the Company) | ||
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By: | /s/ William T. Albanese |
| By: | /s/ Eugene P. Martineau |
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| Printed Name: | Eugene P. Martineau |
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| Title: | President and CEO |
Date: | May 17, 2005 |
| Date: | May 17, 2005 |