Residential construction

EX-10.24 7 dex1024.htm BONUS COMPENSATION ARRANGEMENT BETWEEN US CONCRETE AND CESAR MONROY Bonus Compensation Arrangement between US Concrete and Cesar Monroy

Exhibit 10.24

Bonus Compensation Arrangement between U.S. Concrete, Inc. and Cesar Monroy

U.S. Concrete, Inc. (the “Company”) agreed with Cesar Monroy, the Company’s Vice President – Finance, in 2003 to pay him a $25,000 bonus upon completion of refinancing of the Company’s debt. The Company completed the refinancing of its debt in March 2004, and paid Mr. Monroy the pre-arranged $25,000 bonus in May 2004.