CONSULTING AGREEMENTConsulting Agreement • May 17th, 2024 • Douglas Dynamics, Inc • Construction machinery & equip
THIS AGREEMENT is made, effective as of 9th day of July, 2024 (“Effective Date”), by and between Glenco International, LLC (“Consultant”) and Douglas Dynamics, LLC (the “Company”). The Company and Consultant desire to enter into a relationship whereby Consultant will provide certain services to, and perform certain work for, the Company (the “Services”), which are more particularly described in one or more Statement(s) of Work (“SOW”), in a form similar to that form attached as Exhibit A, which may be provided and/or updated from time to time. The parties agree as follows:
RETIREMENT AND TRANSITION AGREEMENTRetirement and Transition Agreement • May 17th, 2024 • Douglas Dynamics, Inc • Construction machinery & equip
This Agreement is between Douglas Dynamics, L.L.C. (which in this Agreement is referred to as the “Company” or “Douglas Dynamics”) and Robert (Bob) McCormick, who is referred to as “Employee” or “Bob.” Both Bob and the Company acknowledge and agree that Douglas Dynamics, Inc. (which in this Agreement is referred to as the “DDI”) is an express, third-party beneficiary in this Agreement.
May 16, 2024 James L. Janik c/o Douglas Dynamics, L.L.C. 11270 West Park Place Suite 300 Milwaukee, WI 53224 Dear Jim:Douglas Dynamics, Inc • May 17th, 2024 • Construction machinery & equip
On behalf of the Board of Directors (the “Board”) of Douglas Dynamics, Inc. (“Douglas”) and Douglas Dynamics, L.L.C. (the “Company”), I am pleased to provide you with this letter agreement (this “Agreement”) setting forth the terms and conditions of your employment, initially serving as Executive Chairman of the Board (“Executive Chairman”), effective as of May 16, 2024 (the “Effective Date”), and then transitioning to Interim President and Chief Executive Officer (“Interim CEO”) of Douglas and the Company as further described below.
