our ability to realize the synergies from our acquisition of Giant Industries, Inc., or Giant
EX-10.27.1 8 d66460exv10w27w1.htm EX-10.27.1 exv10w27w1
EXHIBIT 10.27.1
WESTERN REFINING, INC.
AMENDMENT NO. 1 TO
EMPLOYMENT AGREEMENT
EMPLOYMENT AGREEMENT
This Amendment No. 1 to Employment Agreement (the Amendment) is effective December 31, 2008 (the Effective Date) by and between Western Refining GP, LLC (Western) and Mark Smith (Executive) and confirms the following Amendment No. 1 to Employment Agreement:
1. | The following paragraph shall be added to the end of the Change in Control definition set forth under Section 1.1: |
Notwithstanding any other provision set forth in the Agreement, for purposes of any amount or award that is subject to Code Section 409A, a Change in Control as defined above will not be treated as a change in control unless it also is a change in control as defined in the regulations issued under Code Section 409A.
2. | Except as expressly modified by this Amendment, the terms and conditions of the Agreement remain in full force and effect. |
WESTERN REFINING GP, LLC | ||||||
By: | /s/ Paul L. Foster | |||||
Name: | Paul L. Foster | |||||
Title: | Chief Executive Officer | |||||
EXECUTIVE | ||||||
By: | /s/ Mark Smith | |||||
Name: | Mark Smith | |||||
Title: | President Refining and | |||||
Marketing |