Back to top

AMENDMENT NO. 1 TO EXECUTIVE EMPLOYMENT AGREEMENT

Employment Agreement Amendment

AMENDMENT NO. 1 TO EXECUTIVE EMPLOYMENT AGREEMENT | Document Parties: FORTRESS INTERNATIONAL GROUP, INC. | Fortress America Acquisition Corporation You are currently viewing:
This Employment Agreement Amendment involves

FORTRESS INTERNATIONAL GROUP, INC. | Fortress America Acquisition Corporation

. RealDealDocs™ contains millions of easily searchable legal documents and clauses from top law firms. Search for free - click here.
Title: AMENDMENT NO. 1 TO EXECUTIVE EMPLOYMENT AGREEMENT
Date: 11/14/2008
Industry: Construction Services     Sector: Capital Goods

AMENDMENT NO. 1 TO EXECUTIVE EMPLOYMENT AGREEMENT, Parties: fortress international group  inc. , fortress america acquisition corporation
50 of the Top 250 law firms use our Products every day

 

[Fortress International Group, Inc. Letterhead]

 

AMENDMENT NO. 1 TO EXECUTIVE EMPLOYMENT AGREEMENT

 

August 26, 2008

Harvey L. Weiss

c/o Fortress International Group, Inc.

7226 Lee DeForest Drive, Suite 203

Columbia, MD 21046

 

Dear Mr. Weiss:

 

Reference is hereby made to the Executive Employment Agreement, dated January 19, 2007 (the “Agreement”), entered into between you (the “Executive”) and Fortress International Group, Inc. (formerly Fortress America Acquisition Corporation), (the “Company”).

 

The parties hereby agree to amend the Agreement as follows:

 

1.

Change “WHEREAS, the Company desires to retain the services of the Executive as the Chairman of the Board of Directors of the Company upon the terms and conditions set forth herein.” to “WHEREAS, the Company desires to retain the services of the Executive upon the terms and conditions set forth herein

 

2.

Section 2.1.1 is hereby deleted in its entirety and replaced with the following:

 

2.1.1 Expressly conditioned upon the closing (the “ Closing ”) under the Purchase Agreement and effective as of the date of the Closing (the “ Closing Date ”), the Company hereby employs the Executive, and the Executive hereby accepts said employment and agrees to render services to the Company, on the terms and conditions set forth in this Agreement for the period (the " Employment Period ") beginning on the Closing Date and ending when such period is terminated pursuant to the terms hereof. Unless earlier terminated by either the Company or the Executive as hereinafter provided, the Employment Period shall continue through the fifth (5 th ) anniversary of the Closing Date (" Expiration Date "); provided, however, that if this Agreement is renewed pursuant to Section 2.1.2 below, then the “Expiration Date” for the then current “Renewal Term” (as hereinafter defined) shall be the date that is last day of the one year period of that Renewal Term). Notwithstanding anything to the contrary continued in this Section 2.1.1 , if the Closing under the Purchase Agreement does not occur, this Agreement shall be null and void and of no force and effect.

 

3.   Section 3.1


 
SITE SEARCH

AGREEMENTS / CONTRACTS

Document Title:

Entire Document: (optional)

Governing Law:(optional)


Try our advanced search >>
 

CLAUSES

Search Contract Clauses >>

Browse Contract Clause Library>>

Get Email Updates
Email:
This is only a partial view of this document. We have millions of legal documents and clauses drafted by top law firms. learn more search for free browse for free learn more