EXHIBIT 10.2
CONTRACT AMENDING AGREEMENT
THIS AGREEMENT made as of the 27th day of February, 2003.
BETWEEN:
STANTEC INC. ("STN")
- and -
XXXXXXX X. XXXXXXXXXXXX (the "Executive")
WHEREAS STN and the Executive (the "Parties") entered into an Employment
Agreement dated January 1, 2003 (the "Contract"), a copy of which is attached
hereto as Schedule "A"; and
WHEREAS the Parties have agreed to amend the Contract.
NOW THEREFORE, the Parties agree as follows:
1. The Contract is amended by replacing Section 3.5 (Termination by
Executive) in its entirety with the following:
"Subject to Section 3.4, the Executive may terminate this Agreement
for any reason by giving STN a written notice of his intention to
terminate this Agreement. The effective date of termination of this
Agreement shall be the later of the date set out in the written
notice as the termination date, or three (3) months after the date
the Executive gives STN the written notice, provided however, that
in either case STN shall cause to be paid the annual Base Salary and
Annual Bonus actually earned by the Executive to the date of such
termination."
2. The amendment contemplated herein shall be effective as of the date first
written above.
3. Other than as amended by the terms of this Contract Amending Agreement,
the parties hereto acknowledge and confirm that the Contract remains in
full force and effect, and continues to bind the arrangements as between
them.
4. This Agreement shall be governed by the laws of the Province of Alberta.
IN WITNESS WHEREOF the Parties hereto have executed this Contract Amending
Agreement as of the date first above written.
STANTEC INC.
Per: /s/ Xxxxxx X. Xxxxxx
-----------------------------------
Xxxxxx X. Xxxxxx, Chairman
SIGNED, SEALED AND DELIVERED )
In the presence of: )
)
/s/ Xxxxxx Xxxxx ) /s/ Xxxxxxx X. Xxxxxxxxxxxx
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Witness XXXXXXX X. XXXXXXXXXXXX
