AMENDMENT TO MANAGEMENT SERVICES AGREEMENT
Exhibit 10.14
AMENDMENT TO
MANAGEMENT SERVICES AGREEMENT
Construction Partners, Inc., a Delaware corporation (the “Company”) and SunTx Capital Management Corp., a Texas corporation (“SunTx”), hereby enter into this Amendment (the “Amendment”), which is made effective as of October 1, 2013, to the Management Services Agreement, dated October 1, 2006 (the “Agreement”).
WHEREAS, the Company and SunTx previously entered into the Agreement, effective as of October 1, 2006;
WHEREAS, the Agreement provides that the term thereof shall expire on October 1, 2013; and
WHEREAS, the Company and SunTx desire to extend the term of the Agreement.
NOW, THEREFORE, in consideration of the mutual agreements set forth below and in the Agreement, the Company and SunTx agree as follows:
1. | Section 3 of the Agreement is hereby deleted in its entirety and replaced by the following: |
“3. Term. The term of this Agreement shall expire on October 1, 2023; provided, however, that SunTx may terminate its obligations to provide the Services upon 60 days’ prior written notice to the Company.”
IN WITNESS WHEREOF, the parties hereto have executed this Amendment, which shall be effective as of the date first written above.
CONSTRUCTION PARTNERS, INC. | SUNTX CAPITAL MANAGEMENT CORP. | |||||||
By: | /s/ Xxxxxxx Xxxxx |
By: | /s/ Xxxx X. Xxxxxxxx | |||||
Name: | Xxxxxxx Xxxxx | Name: | Xxxx X. Xxxxxxxx | |||||
Title: | Cheif Executive Officer | Title: | Vice President |