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THIS AMENDMENT NO.
1 (the “Amendment”) made as of the 17th day of
December, 2008 to the Retention Agreement dated as of the 12
th of June 2007 is entered into between
Michael Baker Corporation (the “Company”) and John D.
Whiteford (the “Employee”) who is employed by the
Energy Division of Michael Baker Corporation
(“Energy”).
WHEREAS, the
Company has determined that it is in the best interest of the
Company to assure the continued dedication of the Employee,
notwithstanding the passage of time since the original Retention
Agreement (the “Agreement”) was signed and the ongoing
possibility or occurrence of the events described in that
Agreement; and
WHEREAS, in
furtherance of that purpose and the Employee’s full attention
and dedication, the Company desires to amend the terms of the
Agreement as set forth in this Amendment.
NOW THEREFORE, in
consideration of the premises and mutual covenants contained
herein, and intending to be legally bound hereby, the parties
hereto agree as follows:
ORIGINAL
RETENTION AGREEMENT .
All terms and conditions of the original Retention Agreement,
except as specifically modified by this Amendment, shall remain in
full force and effect, and all terms defined therein shall have the
same meaning when used in this Amendment. The following revisions
to the original Retention Agreement shall become effective upon
execution of this Amendment. Section numbers and references in this
Amendment correspond to the Sections of the original Retention
Agreement being modified hereby.
1.
Term . In item (d) of the second sentence of
this Section of the Agreement, delete December 31, 2008 and
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