Exhibit 10.18
FIRST AMENDMENT TO EMPLOYMENT AGREEMENT
FIRST AMENDMENT TO EMPLOYMENT AGREEMENT ("FIRST AMENDMENT") entered
into as of June 23, 1998, between Xxxxxxxxx X. Xxxxxxx ("Executive") and Grove
Worldwide LLC ("Grove").
In recognition of the opportunity given to the Executive to invest
in Grove Investors LLC (the "Company"), the provisions of Section 4(b) of the
Employment Agreement dated March 5, 1998 are deleted and declared void.
IN WITNESS WHEREOF, Grove has caused this instrument to be executed
by its duly authorized officer and, except as modified by this letter, the
Employment Agreement remains in full force and effect.
GROVE WORLDWIDE LLC
Signed
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By:
/s/ Xxxxxxxxx X. Xxxxxxx
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Xxxxxxxxx X. Xxxxxxx