Exhibit 10.14.a
ASSIGNMENT AND AMENDMENT
TO EMPLOYMENT AGREEMENT
This Assignment and Amendment to Employment Agreement is entered into
effective as of February 1, 1997 by and among Granite Construction Company
("Granite Co."), Granite Construction Incorporated ("Granite Inc.") and Xxxxxxx
X. Xxxxx (the "Executive").
WHEREAS, Granite Co. and the Executive entered into an Employment
Agreement effective as of April 20, 1990 (the "Agreement").
WHEREAS, subsequent to execution of the Agreement, Executive, along with
other executives of Granite Co., was formally employed by Granite Inc., the
parent of Granite Co.
WHEREAS, the parties desire to transfer the obligations of Granite Co.
under the Agreement to Granite Inc.
NOW THEREFORE, the parties agree as follows:
1. Assignment. All obligations of Granite Co. under the Agreement are
hereby assigned to and assumed by Granite Inc.
2. Meaning of "Company". All references to "Company" in the Agreement
as hereby amended, including expressly the references relating to change
in control in Section 6 of the Agreement, are hereinafter references to
Granite Inc.
3. No Further Changes. Except as set forth herein the Agreement shall
remain in full force and effect as originally written.
IN WITNESS WHEREOF, the parties have executed this Assignment and
Amendment to Employment Agreement effective as the day and year first above
written.
GRANITE CONSTRUCTION COMPANY GRANITE CONSTRUCTION
INCORPORATED
By: /s/ Xxxxx X. Xxxxx By: /s/ Xxxxx X. Xxxxx
------------------------ -------------------------
Title: Xxxxx X. Xxxxx Title: Xxxxx X. Xxxxx
EXECUTIVE
/s/ Xxxxxxx X. Xxxxx
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Xxxxxxx X. Xxxxx
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Name (Please Print)
