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EXHIBIT 10.3
RAILWORKS CORPORATION
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September 20, 1999
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RE: AMENDED AND RESTATED EMPLOYMENT AGREEMENT DATED
AUGUST 4, 1998 ("AGREEMENT") BETWEEN ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇
AND RAILWORKS CORPORATION ("CORPORATION")
Dear ▇▇. ▇▇▇▇▇▇▇:
This letter serves as an amendment ("Amendment") to the Agreement.
Commencing as of June 1, 1999, on the second and third lines of Section 3.1(a)
of the Agreement "Two Hundred Thousand Dollars ($200,000.00) per annum" is
deemed deleted, and replaced with the following: "Two Hundred Seventy-Five
Thousand Dollars ($275,000.00) 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/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇
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/jdc Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇
Title: Executive Vice President and
Chief Financial Officer
AGREED TO:
/s/ ▇▇▇▇ ▇. ▇▇▇▇▇▇ 9/99
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