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EXHIBIT 10.4
RAILWORKS CORPORATION
0000 XXXXXXXXXX XXXXX
XXXXX 000
XXXXXXXXX, XX 00000
September 20, 1999
Xx. Xxxx X. Xxxxxx
000 Xxxxxxxx Xxxx
Xxxxxxxxx, XX 00000
RE: AMENDED AND RESTATED EMPLOYMENT AGREEMENT DATED
AUGUST 4, 1998 ("AGREEMENT") BETWEEN XXXX X. XXXXXX
AND RAILWORKS CORPORATION ("CORPORATION")
Dear Xx. Xxxxxx:
This letter serves as an amendment ("Amendment") to the Agreement.
Commencing as of June 1, 1999, on the second line of Section 3.1(a) of the
Agreement "Two Hundred Seventy-Five Thousand Dollars ($275,000.00) per annum"
is deemed deleted, and replaced with the following: "Three Hundred Twenty-Five
Thousand Dollars ($325,000.00) per annum". This Amendment is deemed retroactive
and effective as of June 1, 1999.
Except as specifically provided herein, the Agreement remains in full
force and effect, and is neither amended nor modified.
Please acknowledge your agreement to the Amendment by signing and
returning a copy to the undersigned.
Very truly yours,
RAILWORKS CORPORATION
By: /s/ Xxxx X. Xxxxxx
-----------------------------------
/jdc Name: Xxxx X. Xxxxxx
Title: Chief Executive Officer and
Chairman of the Board
AGREED TO:
/s/ Xxxxxxx X. Xxxxxxx 9/99
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Xxxxxxx X. Xxxxxxx