Attached files
file | filename |
---|---|
10-Q - FORM 10-Q - SHAW GROUP INC | c03319e10vq.htm |
EX-31.2 - EXHIBIT 31.2 - SHAW GROUP INC | c03319exv31w2.htm |
EX-32.1 - EXHIBIT 32.1 - SHAW GROUP INC | c03319exv32w1.htm |
EX-31.1 - EXHIBIT 31.1 - SHAW GROUP INC | c03319exv31w1.htm |
EX-32.2 - EXHIBIT 32.2 - SHAW GROUP INC | c03319exv32w2.htm |
Exhibit 10.48
Amendment to Employment Agreement of J.M. Bernhard, Jr.
This agreement, effective upon your signature below, will serve to amend your Employment
Agreement of January 23, 2007, as amended by your Amended and Restated Employment Agreement
dated December 31, 2008 (collectively Employment Agreement), by and between you and The Shaw
Group Inc.
1. Consideration for Non-Compete. Paragraph 8(a)(ii) of the Employment Agreement is
amended by deleting in its entirety the following text from the final sentence of Paragraph
8(a)(ii): the cost (as based on the Companys incremental cost of operating the current
aircraft primarily utilized by Employee as of January 23, 2007) of which shall not exceed
$300,000 annually.
IN WITNESS WHEREOF, the parties have executed this Agreement on July 7, 2010 effective for all
purposes as provided above. |
THE SHAW GROUP INC. |
||||
By: | /s/ John Donofrio | |||
Name: | John Donofrio | |||
Its: General Counsel and Corporate Secretary |
EMPLOYEE:
/s/ J. M. Bernhard, Jr.
|
||
Chairman of the Board, President and |
||
Chief Executive Officer |