Exhibit 10.1

Griffon Corporation
712 Fifth Avenue
New York, New York 10019

February 3, 2011

PERSONAL AND CONFIDENTIAL

Mr. Harvey R. Blau
c/o Griffon Corporation
712 Fifth Avenue
NY, NY 10019

Dear Harvey:

          Reference is hereby made to your employment agreement dated as of July
1, 2001 between you and Griffon Corporation, as amended to date (the
“Agreement”). Notwithstanding any provision in the Agreement to the contrary,
the term of the Consulting Period, as defined therein, is hereby extended to
April 1, 2016. Except as expressly modified herein, the terms and provisions of
your consulting entitlements and obligations remain the same as they were
immediately prior to the date hereof.

 

 

 

 

GRIFFON CORPORATION

 

 

 

 

By:

  /s/ Seth L. Kaplan

 

 

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Name: Seth L. Kaplan

 

Title:   Senior Vice President

 

 

 

Acknowledged and Agreed:

 

 

 

 

 

     /s/ Harvey R. Blau

 

 

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Harvey R. Blau

 

 

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