Everus Construction Group, Inc. Sample Contracts

SEPARATION AND DISTRIBUTION AGREEMENT BY AND BETWEEN MDU RESOURCES GROUP, INC. AND EVERUS CONSTRUCTION GROUP, INC. DATED AS OF OCTOBER 31, 2024
Separation and Distribution Agreement • November 1st, 2024 • Everus Construction Group, Inc. • Operative builders • Delaware

This SEPARATION AND DISTRIBUTION AGREEMENT, dated as of October 31, 2024 (this “Agreement”), is by and between MDU Resources Group, Inc., a Delaware corporation (“Parent”), and Everus Construction Group, Inc., a Delaware corporation (“SpinCo”). Capitalized terms used herein and not otherwise defined shall have the respective meanings assigned to them in Article I.

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TAX MATTERS AGREEMENT DATED AS OF OCTOBER 31, 2024 BY AND BETWEEN MDU RESOURCES GROUP, INC. AND EVERUS CONSTRUCTION GROUP, INC.
Tax Matters Agreement • November 1st, 2024 • Everus Construction Group, Inc. • Operative builders

This TAX MATTERS AGREEMENT (this “Agreement”) is entered into as of October 31, 2024, by and between MDU Resources Group, Inc., a Delaware corporation (“Parent”) and Everus Construction Group, Inc., a Delaware corporation and a wholly owned subsidiary of Parent (“SpinCo”) (Parent and SpinCo sometimes collectively referred to herein as the “Companies” and, as the context requires, individually referred to herein as a “Company”).

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TRANSITION SERVICES AGREEMENT BY AND BETWEEN MDU RESOURCES GROUP, INC. AND EVERUS CONSTRUCTION GROUP, INC. DATED AS OF OCTOBER 31, 2024
Transition Services Agreement • November 1st, 2024 • Everus Construction Group, Inc. • Operative builders • Delaware

This TRANSITION SERVICES AGREEMENT (this “Agreement”) is entered into as of October 31, 2024 by and between MDU Resources Group. Inc., a Delaware corporation (“Parent”), and Everus Construction Group, Inc., a Delaware corporation (“SpinCo”).

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EMPLOYEE MATTERS AGREEMENT
Employee Matters Agreement • November 1st, 2024 • Everus Construction Group, Inc. • Operative builders

This EMPLOYEE MATTERS AGREEMENT, dated as of October 31, 2024 (this “Agreement”), is by and between MDU Resources Group, Inc., a Delaware corporation (“Parent”), and Everus Construction Group, Inc., a Delaware corporation (“SpinCo”).

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EVERUS CONSTRUCTION GROUP, INC. DEFERRED COMPENSATION PLAN PLAN DOCUMENT AND ADOPTION AGREEMENT
Everus Construction • November 1st, 2024 • Everus Construction Group, Inc. • Operative builders
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