0001279569-17-001603 Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • August 8th, 2017 • Ritchie Bros Auctioneers Inc • Services-business services, nec • Washington
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AMENDMENT NO. 1 TO GRANT AGREEMENT AND AMENDMENT NO. 1 TO PERFORMANCE SHARE UNIT PLAN
Grant Agreement • August 8th, 2017 • Ritchie Bros Auctioneers Inc • Services-business services, nec

This amendment dated as of May 1, 2017 (the “Amendment”) consists of (i) Amendment No. 1 to the Grant Agreement dated August 11, 2014 (the “Sign-On Grant Agreement”) by and between Ritchie Bros. Auctioneers Incorporated (the “Corporation”) and Ravichandra Saligram (the “Participant”) and (ii) Amendment No. 1 to the Ritchie Bros. Auctioneers Incorporated Performance Share Unit Plan that was approved and adopted by the Corporation in January 2013 (the “Plan”) solely as the Plan is applied to the Sign-On Grant Agreement.

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