Exhibit 10.17.7

AMENDED AND RESTATED
EMPLOYMENT AGREEMENT

THIS EMPLOYMENT AGREEMENT (the “Agreement”), made and entered into on the 28th
day of May, 2008, to be effective as of the 1st day of June, 2008, by and
between OLD DOMINION FREIGHT LINE, INC. (the “Company”), a corporation organized
and existing under the laws of the State of Virginia and having its principal
office at Thomasville, North Carolina, and John R. Congdon (the “Executive”), an
individual residing at Richmond, Virginia.

R E C I T A L S:

The Company is engaged principally in the business of transporting general
commodities such as consumer goods and textiles in less-than-truckload
shipments. The Executive is experienced in, and knowledgeable concerning, all
aspects of the business of the Company. The Executive has heretofore been
employed by the Company as its Senior Vice President pursuant to the terms of an
Employment Agreement dated May 17, 2004 (the “Predecessor Agreement”). The
Company desires to continue to employ the Executive as a Senior Vice President,
and the Executive desires to continue to be employed by the Company in that
capacity. Furthermore, the Company desires to provide for the Executive certain
severance benefits. The Company and the Executive desire to amend and restate
the Predecessor Agreement to reduce to writing and to clarify and more clearly
state the terms of their new understanding concerning the Executive’s continued
employment by the Company as a Senior Vice President pursuant to the terms of
this Agreement.

NOW, THEREFORE, in consideration of the mutual covenants and obligations herein
and the compensation the Company agrees herein to pay the Executive, and of
other good and valuable consideration, the receipt of which is hereby
acknowledged, the Company and the Executive agree as follows:

ARTICLE 1. EFFECT OF PRIOR AGREEMENTS. This Agreement expresses the whole and
entire agreement between the parties with reference to the employment of the
Executive and supersedes and replaces any prior employment agreements
(including, without limitation, the Predecessor Agreement), understandings or
arrangements (whether written or oral) between the Company and the Executive.
Without limiting the foregoing, the Executive agrees that this Agreement
satisfies any rights he may have had under any prior agreement or understanding
(including, without limitation, the Predecessor Agreement) with the Company with
respect to his employment by the Company.

ARTICLE 2. DEFINITIONS. Wherever used in this Agreement, including the Recitals
and this ARTICLE 2, the following terms shall have the meanings set forth below
(unless otherwise indicated by the context):

2.1. “Annual Compensation” means the Executive’s Base Salary, bonuses, fees for
professional services and other amounts received (without regard to whether or
not an amount is paid in cash) for services performed for the Company to the
extent the amounts are includible in the Executive’s gross income.

2.2. “Base Amount” means the Executive’s average Annual Compensation for his
taxable years within the Base Period. The Base Amount shall at all times be
determined in accordance with Section 280G of the Code and the Regulations
issued thereunder.

2.3. “Base Period” means the period consisting of the most recent five
(5) taxable years of the Executive ending before the date of the Change of
Control of the Company.

2.4. “Base Salary” means the annual base salary payable to the Executive as the
same may be adjusted as provided in Section 6.1. The Base Salary in effect as of
January 1, 2008 is $250,000.

2.5. “Board” means the Board of Directors of the Company.

2.6. “Business” means any business engaged in, any service provided by, or any
product produced by the Company, including, but not limited to, the business of
transporting general commodities such as consumer goods and textiles in
less-than-truckload shipments.

2.7. “Cause Exception” means the right of the Company, as described in
Section 5.3, to discharge the Executive at any time For Cause.

2.8. “Change of Control” means and will be deemed to have occurred on the
earliest of the following dates which occurs after June 1, 2008:

(a) the date any person or group of persons (as defined in Section 13(d) and
14(d) of the Securities Exchange Act of 1934) together with its affiliates,
excluding employee benefit plans of the Company, is or becomes (or publicly
discloses that such person or group is or has become), directly or indirectly,
the “beneficial owner” (as defined in Rule 13d-3 promulgated under the
Securities Exchange Act of 1934) of securities of the Company representing
thirty-five percent (35%) or more of the combined voting power of the Company’s
then outstanding voting securities; provided, however, that the event described
in this subparagraph (a) shall not be deemed to be a Change of Control by virtue
of the beneficial ownership, or the acquisition of beneficial ownership, of
voting securities by (i) any employee benefit plan sponsored or maintained by
the Company or by a person controlled by the Company; (ii) any underwriter (as
such term is defined in Section 2(a)(11) of the Securities Act of 1933) that
beneficially owns voting securities temporarily in connection with an offering
of such securities; (iii) the Executive; or (iv) any member of the family of the
Executive unless the Executive, acting in good faith, provides written notice to
the Company that the Executive believes, and within twenty (20) business days
after the Company receipt of the Executive’s notice a majority of the
independent members of the Board of Directors determines, that the beneficial
ownership of voting securities by such family member creates a substantial
threat to corporate policy and effectiveness. For the purpose of clause
(iii) above, “family” means any lineal descendent, including adoptive
relationships, of Earl E. Congdon or John R. Congdon, any spouse of the
foregoing and any trust established by or for the benefit of any of the
foregoing, and “independent” shall have the meaning set forth in the corporate
governance rules of the principal exchange on which the Company’s common stock
is listed; or

(b) the date when, as a result of a tender offer or exchange offer for the
purchase of securities of the Company (other than such an offer by the Company
for its own securities), or as a result of a proxy contest, merger, share
exchange, consolidation or sale of assets, or as a result of any combination of
the foregoing, individuals who at the beginning of any two (2) year period
during the Term constitute the Board, plus new directors whose election or
nomination for election by the Company’s shareholders is approved by a vote of
at least two-thirds (2/3) of the directors still in office who were directors at
the beginning of such two-year period (“Continuing Directors”), cease for any
reason during such two-year period to constitute at least two-thirds (2/3) of
the members the Board; or

(c) the effective date of a merger, share exchange or consolidation of the
Company with any other corporation or entity regardless of which entity is the
survivor, other than a merger, share exchange or consolidation which would
result in the voting securities of the Company outstanding immediately prior
thereto continuing to represent (either by remaining outstanding or being
converted into voting securities of the surviving or acquiring entity) at least
sixty percent (60%) of the combined voting power of the voting securities of the
Company or such surviving or acquiring entity outstanding immediately after such
merger or consolidation; or

(d) the effective date of a complete liquidation or winding-up of the Company;
or

(e) the effective date of the sale or disposition by the Company of all or
substantially all of the Company’s assets; or

(f) the date of a filing of a petition in bankruptcy of the Company, whether
voluntary or involuntary.

2.9. “Code” means the Internal Revenue Code of 1986, as amended, and rules and
regulations issued thereunder.

2.10. “Company” means Old Dominion Freight Line, Inc., a Virginia corporation
with its principal offices at Thomasville, North Carolina.

2.11. “Confidential Information” means all information concerning the business
of the Company and its affiliates that is confidential, proprietary or otherwise
not generally available to the public. By way of example, Confidential
Information includes, without limitation, all competitively-sensitive
information, all trade secrets, processes, specifications, data, files, computer
programs and related codes, software improvements, inventions, techniques,
business plans, marketing plans, strategies, acquisition prospects, forecasts,
methods, manner of operations, information relating to past, present and
prospective customers and clients, pricing and cost information, new products,
other financial information, employee lists, personnel policies, contracts,
digital intellectual property, information with respect to internal affairs, and
all information covered by the Trade Secrets Protection Act, N.C. Gen. Stat.,
Chapter 661 §§152-162 (or any successor thereto). The parties expressly agree
that Confidential Information does not exist in written form only.
Notwithstanding the foregoing, “Confidential Information” does not include
information that (i) is or becomes generally available to the public other than
as a result of a disclosure by the Executive in violation of this Agreement, or
(ii) is received by the Executive from another party that did not receive such
information directly or indirectly from the Company or any of its affiliates
under an obligation of confidentiality.

2.12. “Customers” means and includes any and all Persons who are customers,
patrons or clients of the Company with respect to the Business and with whom the
Executive either had personal contact or had knowledge that such Persons were
customers, patrons or clients of the Company with respect to the Business.

2.13. “For Cause” means one or more of the following: (i) habitual intoxication
by the Executive which the Board determines in good faith adversely affects the
Executive’s ability to perform his duties under this Agreement; (ii) conviction
of the Executive by a court of competent jurisdiction of, or plea by the
Executive of “guilty” or “no contest” to, theft, fraud or embezzlement from the
Company; (iii) conviction of the Executive by a court of competent jurisdiction
of, or plea by the Executive of “guilty” or “no contest” to, a felony which, as
determined in good faith by the Board, constitutes a crime involving moral
turpitude and results in material harm to the Company; (iv) any material act or
omission by the Executive involving gross malfeasance or gross negligence in the
performance of his duties and responsibilities to the Company to the detriment
of the Company, all as determined by the Board in good faith; (v) any diversion
by the Executive for his personal gain of any clearly viable and significant
business opportunity from the Company (other than with the prior written consent
of the Board); (vi) any willful violation of any provision of the Company’s
Corporate Governance Guidelines, the Company’s Code of Business Conduct and
Ethics, or any covenant contained in this Agreement; or (vii) the Executive’s
material violation of the requirements of the Sarbanes-Oxley Act of 2002 or any
other federal or state securities law, rule or regulation, including, without
limitation, engagement in any conduct that results in the Executive’s obligation
to reimburse the Company for the amount of any bonus, incentive-based
compensation, equity-based compensation, profits realized from the sale of the
Company’s securities or other compensation pursuant to application of the
provisions of Section 304 of the Sarbanes-Oxley Act of 2002. For purposes of
this provision, no act or failure to act on the part of the Executive shall be
considered “willful” unless it is done, or omitted to be done, by the Executive
in bad faith or without a reasonable belief that the Executive’s action or
omission was in the best interests of the Company. For Cause shall not include
the Executive’s Total Disability.

2.14. “Notice Exception” means the right, as described in Section 5.2, of either
party to this Agreement to terminate the Agreement upon giving the required
written notice.

2.15. “Person” means any individual, partnership, joint venture, corporation,
company, firm, group or other entity.

2.16. “Term” means the term of the Executive’s employment under this Agreement
as provided in Section 5.1.

2.17. “Termination Date” means the date the Term expires pursuant to the
provisions of ARTICLE 5.

2.18. “Termination Year” means the calendar year in which the Term expires.

2.19. “Time Period” means the Term and the twenty-four-month period next
following the expiration of the Term.

2.20. “Trade Area” means the United States of America.

2.21. “Total Disability” means the permanent and total inability, by reason of
physical or mental infirmity, or both, of the Executive to perform his regular
and customary duties with the Company in a satisfactory manner. The
determination of the existence or nonexistence of Total Disability shall be made
by the Board, pursuant to a medical examination by a medical doctor licensed to
practice medicine in the State of North Carolina selected or approved by the
Board.

ARTICLE 3. EMPLOYMENT OF EXECUTIVE. Subject to the terms and conditions set
forth in this Agreement, the Company hereby employs the Executive and the
Executive hereby accepts such employment for the period stated in ARTICLE 5 of
this Agreement.

ARTICLE 4. POSITION, RESPONSIBILITIES AND DUTIES.

4.1. Position and Responsibilities. During the Term (as defined in Sections 2.16
and 5.1), the Executive shall serve as a Senior Vice President on the conditions
herein provided. The Executive shall perform such duties as are customarily
performed by one holding the position of a Senior Vice President and shall
additionally render such other services and duties as may be reasonably assigned
to him from time to time by the Company, consistent with his position. The
Executive shall at all times report to the President and Chief Executive
Officer. The Executive, at the pleasure of the Board, shall serve as
Vice-Chairman of the Board.

4.2. Duties. In addition to having the responsibilities described in
Section 4.1, during the Term, the Executive shall also serve, if elected, as an
officer and director of any subsidiary or affiliate of the Company. During the
Term and except for illness, vacation periods in accordance with the Company’s
established policy, and leaves of absence in accordance with the Company’s
established policy, the Executive shall devote such of his business time,
attention, skill, energies and efforts as are necessary and appropriate to
enable him to faithfully perform his duties hereunder and to attend to the
business and affairs of the Company and any subsidiary or affiliate of the
Company. The Executive shall not during the Term be employed in any other
business activity, whether or not such activity is pursued for gain, profit or
other pecuniary advantage; provided, however, that (i) with the approval of the
Board, the Executive may serve, or continue to serve, on the boards of directors
of, and hold any other offices or positions in, companies or organizations,
which, in the Board’s judgment, will not present any conflict of interest with
the Company or any of its subsidiaries or affiliates or divisions, or materially
affect the performance of the Executive’s duties pursuant to this Agreement and
(ii) subject to the restrictions of Section 11.3, the Executive shall not be
prevented from investing his personal assets in any business, where the form or
manner of such investment will not require substantial services on the part of
the Executive in the operation of the business in which such investment is made.
It is expressly understood and agreed that nothing in this Agreement or, in
particular, this Section 4.2 shall in any way limit, restrict or prohibit the
Executive’s service to or involvement with the management and operation of Old
Dominion Truck Leasing, Inc.

ARTICLE 5. TERM.

5.1. Term of Employment. The Term shall commence as of June 1, 2008, and shall
continue until the earliest to occur of the following: (i) May 31, 2010;
(ii) the date of death of the Executive; (iii) the specified date of termination
under the Notice Exception (as defined in Section 5.2); (iv) the date of
termination under the Cause Exception (as defined in Section 5.3); or (v) the
date of termination as a result of the Executive’s Total Disability.

5.2. Termination by Giving Notice. Except as otherwise provided herein, if
either party hereto desires to terminate the Executive’s employment, such party
shall give not less than one hundred and twenty (120) days written notice of
such desire to the other party specifying the date of termination (the “Notice
Exception”). Notwithstanding the foregoing, in the event the Executive desires
to terminate his employment within twelve (12) months following a Change of
Control, the Executive is not required to provide the Company with one hundred
and twenty (120) days notice of his desire to do so, but instead may do so by
giving notice to the Company as provided in Section 5.5. In no event shall the
Company invoke the Notice Exception during any period of Total Disability of the
Executive. A decision by the Company to terminate the Executive pursuant to the
Notice Exception shall be by action of the Board, and the Executive agrees that
neither he nor any member of his family shall vote with respect to this
decision. For this purpose, “family” means any lineal descendent, including
adoptive relationships, of Earl E. Congdon or David S. Congdon, any spouse of
the foregoing and any trust established by or for the benefit of any of the
foregoing.

5.3. Termination for Cause; Automatic Termination. The Company shall at all
times have the right to discharge the Executive For Cause (the “Cause
Exception”). If the Company desires to discharge the Executive under the Cause
Exception, it shall give notice to the Executive as provided in Section 5.5. If
the Company is terminating the Executive for a reason described in
Section 2.13(iv) or (v), the Executive shall have thirty (30) days after notice
has been given to him to cure the reason given in the notice. If the reason for
the Company’s exercise of its right to terminate the Executive is timely cured
by the Executive to the satisfaction of the Board, the Company’s notice shall
become null and void. Nothing contained herein or in this Section 5.3 shall
limit the ability of the Executive to enforce his rights under this Agreement to
the extent that there is a disagreement as to the basis for the applicability of
the Cause Exception or cure under the Cause Exception. A decision by the Company
to terminate the Executive pursuant to the Cause Exception shall be by action of
the Board, and the Executive agrees that neither he nor any member of his family
(as defined in Section 2.8(a)) shall vote with respect to this decision.

5.4. Total Disability. The Company may terminate the Executive’s employment as a
result of the Executive’s Total Disability. If the Company desires to terminate
the Executive as a result of his Total Disability, it shall give notice to the
Executive as provided in Section 5.5. A decision by the Company to terminate the
Executive as a result of his Total Disability shall be by action of the Board,
and the Executive agrees that neither he nor any member of his family (as
defined in Section 2.8(a)) shall vote with respect to this decision.

5.5. Notice of Termination. Any termination by the Company under the Cause
Exception or as a result of the Executive’s Total Disability or by the Executive
by exercise of the Notice Exception within twelve (12) months following a Change
of Control, shall be communicated by Notice of Termination to the other party
hereto. For purposes of Sections 5.2, 5.3 and 5.4, a “Notice of Termination”
means a written notice which (i) indicates the specific termination provision in
this Agreement relied upon, (ii) sets forth in reasonable detail the facts and
circumstances claimed to provide a basis for termination of the Executive’s
employment under the provision so indicated, and (iii) if the termination date
is other than the date of receipt of such notice, specifies the effective date
of termination. The failure by the Executive or the Company to set forth in the
Notice of Termination any fact or circumstance which contributes to the reason
given for the termination of the Executive’s employment shall not waive any
right of the Executive or the Company hereunder or preclude the Executive or the
Company from asserting such fact or circumstance in enforcing the Executive’s or
the Company’s rights hereunder.

5.6. Rights of Executive Upon Termination of Employment.

(a) Following the date the Term expires on account of one of the terminating
events described in subparagraphs (i) (expiration of the fixed Term), (iii)
(termination under Notice Exception), or (v) (termination as a result of Total
Disability), the rights of the Executive shall be as provided in ARTICLES 6
(compensation), 7 (reimbursements), 9 (other employee benefits), 10 (termination
compensation), 11 (covenants), 12 (attorneys’ fees), 14 (indemnification) and
22 (corporate merger).

(b) Following the date the Term expires on account of the Executive’s death as
provided in subparagraph (ii) of Section 5.1, the rights of the Executive’s
personal representative shall be as provided in ARTICLES 6 (compensation), 7
(reimbursements), 9 (other employee benefits), 10 (attorneys’ fees), 14
(indemnification) and 22 (corporate merger).

(c) Following the date the Executive is terminated For Cause as provided in
subparagraph (iv) of Section 5.1, the rights of the Executive shall be as
provided in ARTICLES 6 (compensation), 7 (reimbursements), 9 (other employee
benefits), 11 (covenants), 14 (indemnification) and 22 (corporate merger). In no
event shall the Executive be entitled to the benefits provided in ARTICLES 10
and 12 in the event his employment is terminated by the Company For Cause.

ARTICLE 6. COMPENSATION. For all services rendered by the Executive during the
Term, including without limitation, services as an executive, officer, director
(except fees and reimbursements to which all members of the Board, or a
subsidiary or affiliate of the Company, are generally entitled) or member of any
committee of the Company or of any subsidiary, affiliate, or division thereof,
the Company shall pay the Executive as compensation the following:

6.1. Base Salary. The Executive shall be paid for his services during the Term
the Base Salary, payable in appropriate installments to conform with regular
payroll dates for salaried personnel of the Company. The Executive’s Base Salary
shall be reviewed annually in accordance with the standard payroll practices and
procedures of the Company applicable to its executive officers.

6.2. Discretionary Bonus. In addition to the Base Salary provided for in
Section 6.1, the Executive shall be entitled to such bonus or bonuses, if any,
as may be awarded to the Executive from time to time by the Board. Any such
bonus shall be payable in the manner specified by the Board at the time any such
bonus is awarded.

6.3. Incentive Bonus. In addition to the Base Salary provided for in
Section 6.1, the Executive shall be entitled to participate in the Company’s
executive profit-sharing bonus program (also referred to as the “XPS” program or
the “Performance Incentive Plan,” or both) and receive such bonuses as may be
awarded to the Executive from time to time under such program. Any such bonuses
shall be payable in the manner specified in such program.

6.4. Other Plans. In addition to the Base Salary and bonuses provided for in
Sections 6.1, 6.2, and 6.3, the Executive shall be entitled to participate in
any other bonus or incentive plans of the Company (whether now in existence or
hereinafter established) in which other senior executives of the Company are
entitled to participate.

ARTICLE 7. REIMBURSEMENT OF EXPENSES. The Company recognizes that the Executive
will incur, from time to time, expenses for the benefit of the Company and in
furtherance of the Company’s business, including, but not limited to, expenses
for entertainment, travel and other business expenses consistent with the
Company’s past practices. During the Term, the Executive will be reimbursed for
his reasonable expenses incurred for the benefit of the Company in accordance
with the established policy of the Company as adopted from time to time by the
Board. To receive such reimbursement, the Executive must present to the Company
an itemized accounting, in such detail as the Company may reasonably request, of
such expenditures, and all reimbursements must be made no later than the end of
the calendar year following the calendar year in which the expense was incurred.
In the event of the termination of the Executive’s employment for any reason,
the Company shall reimburse the Executive (or in the event of death, his
personal representative) for expenses incurred by the Executive on behalf of the
Company prior to the Termination Date to the extent such expenses have not been
previously reimbursed by the Company. The expenses eligible for reimbursement
under this ARTICLE 7 in any calendar year shall not affect any expenses eligible
for reimbursement or in-kind benefits to be provided in any other calendar year.
The Executive’s rights under this ARTICLE 7 shall not be subject to liquidation
or exchange for any other benefit.

ARTICLE 8. VACATION AND SICK LEAVE. The Executive shall be entitled to vacation
and sick leave during the Term, commensurate with his position and in accordance
with the Company’s established policy for senior executives as adopted from time
to time by the Board. The Executive shall continue to receive the compensation
provided for in ARTICLE 6 during the time of his vacation and sick leave.

ARTICLE 9. OTHER EMPLOYEE BENEFITS. The Executive shall be entitled to
participate in any and all retirement, medical, dental, vision, disability, life
insurance, long-term disability insurance, nonqualified deferred compensation
and tax-qualified retirement plans or any other plans or benefits offered by the
Company to its senior executives generally, if and to the extent the Executive
is eligible to participate in accordance with the terms and provisions of any
such plan or benefit program. Nothing in this ARTICLE 9 is intended, or shall be
construed, to require the Company to institute any particular plan, program or
benefit. Benefits payable pursuant to this Agreement shall be in addition to
benefits payable to the Executive under all other employee benefit plans or
programs of the Company.

ARTICLE 10. TERMINATION COMPENSATION.

10.1. Amount. If the Executive’s employment is terminated by the Company by
exercise of the Notice Exception or by the Executive by exercise of the Notice
Exception, or as a result of the expiration of the fixed Term as provided in
Section 5.1(i), and such termination occurs within twelve (12) months following
a Change of Control, the Executive shall be entitled to receive in a lump sum
(i) any compensation due but not yet paid through the Termination Date, plus
(ii) an amount equal to three (3) times the sum of his Base Salary and the
annual bonus paid to him for the preceding calendar year under the Company’s
executive profit-sharing bonus program described in Section 6.3, subject to the
provisions of Section 10.2. If the Executive’s employment is terminated by the
Company or the Executive by exercise of the Notice Exception, or as a result of
the expiration of the fixed Term as provided in Section 5.1(i), and such
termination does not occur within twelve (12) months following a Change of
Control, or the Executive’s employment is terminated at any time due to the
Executive’s death or Total Disability or by the Company For Cause, the Executive
shall only be entitled to receive in a lump sum any compensation due but not yet
paid through the Termination Date. Any amounts payable to the Executive pursuant
to this ARTICLE 10 shall be paid on the first day of the seventh (7th) calendar
month following the calendar month in which the Termination Date occurs. In the
event the Executive dies prior to receiving any or all of the amounts to which
he is due pursuant to this ARTICLE 10, then such amounts shall be payable to his
surviving spouse within thirty (30) days of the date of the Executive’s death.
If the Executive dies without a surviving spouse, no additional amounts shall be
payable pursuant to this ARTICLE 10 following his death.

10.2. Parachute Payments. Notwithstanding anything in this Agreement to the
contrary, in the event that the Company’s outside, independent accountants shall
determine that the termination compensation payable to the Executive pursuant to
Section 10.1 (the “Agreement Payments”) shall, as a result of a change in the
ownership or effective control of the Company or in the ownership of a
substantial portion of the assets of the Company, constitute a parachute payment
within the meaning of Section 280G of the Code, and the aggregate of such
parachute payments and any other amounts paid or distributed to the Executive
from any other plans or arrangements maintained by the Company or its affiliates
(such other payments together with the Agreement Payments shall be referred to
as the “Total Payments”) would more likely than not, in the opinion of the
Company’s accountants, cause the Executive to be subject to the excise tax on
excess parachute payments under Section 4999 of the Code (the “Excise Tax”), the
termination compensation payable pursuant to Section 10.1 shall be reduced in
such amount as is required to reduce the aggregate “present value” (as that term
is defined in Section 280G(d)(4) of the Code) of the Total Payments to one
dollar less than three (3) times the Executive’s Base Amount to the end that the
Executive is not subject to the Excise Tax. If an amount has been paid to the
Executive which should not have been paid due to the required reduction in
aggregate present value, the Executive shall promptly return such amount to the
Company (together with interest at the rate set forth in Section 1274(b)(2)(B)
of the Code). For purposes of determining whether and the extent to which the
Total Payments would more likely than not cause the Executive to be subject to
the Excise Tax, no portion of the Total Payments, the receipt of which the
Executive has effectively waived in writing, shall be taken into account.

10.3. Release. In consideration of the termination compensation payable to the
Executive pursuant to this Section 10.1, the Executive agrees to complete and
execute a General Release and Waiver of Claims (the “Release”), which Release
shall be in substantially the form attached hereto as Exhibit A. Prior to the
Executive’s termination of employment, the Company may modify the Release to
conform it to the laws of the local jurisdiction applicable to the Executive so
long as such modification does not increase the obligations of the Executive
thereunder.

ARTICLE 11. POST-TERMINATION OBLIGATIONS. All payments and benefits to the
Executive under this Agreement shall be subject to the Executive’s compliance
with the following provisions during the Term and, except as otherwise provided
in this ARTICLE 11, following the termination of the Executive’s employment:

11.1. Assistance in Litigation. The Executive shall, upon reasonable notice,
furnish such information and assistance to the Company as may reasonably be
required by the Company in connection with any litigation in which it is, or may
become, a party, and which arises out of facts and circumstances known to the
Executive. The Company shall promptly reimburse the Executive for his
out-of-pocket expenses incurred during his lifetime in connection with the
fulfillment of his obligations under this Section 11.1 in accordance with its
established policy for making reimbursements as adopted from time to time by the
Board, but in any event no later than the end of the calendar year following the
calendar year in which the expense was incurred. The expenses eligible for
reimbursement under this Section 11.1 in any calendar year shall not affect any
expenses eligible for reimbursement or in-kind benefits to be provided in any
other calendar year. The Executive’s rights under this Section 11.1 shall not be
subject to liquidation or exchange for any other benefit.

11.2. Confidential Information. The Executive acknowledges that all Confidential
Information has a commercial value in the Company’s Business and is the sole
property of the Company. The Executive agrees that he shall not disclose or
reveal, directly or indirectly, to any unauthorized person any Confidential
Information, and the Executive confirms that such information constitutes the
exclusive property of the Company; provided, however, that the foregoing shall
not prohibit the Executive from disclosing such information to third parties or
governmental agencies in furtherance of the interests of the Company or as may
be required by law.

11.3. Noncompetition and Non-Solicitation. The Executive acknowledges and agrees
that during the course of his employment with the Company, he has acquired
valuable information as to the nature and character of the Business and
requirements of the Customers, which information is unique and proprietary to
the Company. The Executive covenants and agrees that during the Time Period he
will not, directly or indirectly, on behalf of himself or on behalf of any
Person: (i) call upon any of the Customers who were such at any time during the
twelve-month period ending on the Executive’s Termination Date for the purpose
of providing any product or service similar to that provided by the Company or
its affiliates or solicit, divert or take away or attempt to solicit, divert or
take away any of such Customers; (ii) induce or attempt to induce any Customer
who was such at any time during the twelve-month period ending on the
Executive’s Termination Date to patronize any Person that is engaged in a
business similar to the Business; (iii) engage in any business within the Trade
Area which is similar to the Business; and (iv) induce or attempt to induce any
employee of the Company to leave the employ of the Company. In addition, during
the Time Period and within the Trade Area, the Executive shall not be (a) the
owner of an equity or ownership interest in any Person, (b) an officer, director
or employee of any Person or (c) a consultant to any Person which conducts the
Business.

11.4. Failure to Comply. In the event that the Executive shall fail to comply
with any provision of this ARTICLE 11, the Company shall have and may exercise
any and all other rights and remedies available to the Company at law or
otherwise, including but not limited to obtaining an injunction from a court of
competent jurisdiction enjoining and restraining the Executive from committing
such violation, and the Executive hereby consents to the issuance of such
injunction.

11.5. Reasonableness of Restrictions. The Executive and the Company have each
carefully read the provisions of this ARTICLE 11 and, having done so, agree that
the restrictions set forth in this ARTICLE (including, but not limited to, the
Time Period restriction and the Trade Area restriction set forth in this ARTICLE
11) are fair and reasonable and are reasonably required for the protection of
the Company’s interests. Notwithstanding the foregoing, in the event any part of
the covenants set forth in this ARTICLE 11 shall be held to be invalid or
unenforceable, the remaining parts thereof shall nevertheless continue to be
valid and enforceable as though the invalid or unenforceable parts had not been
included therein. In the event that any provision of this ARTICLE 11 relating to
Time Period and/or Trade Area shall be declared by a court of competent
jurisdiction to exceed the maximum time period and/or geographical areas of
restriction such court deems reasonable and enforceable, said time period and/or
geographical areas of restriction shall be deemed to become and thereafter be
the maximum time period and/or geographical areas of restriction that such court
deems reasonable and enforceable.

ARTICLE 12. ATTORNEYS’ FEES. In the event that the Executive incurs any
attorneys’ fees in protecting or enforcing his rights under this Agreement or
under any employee benefit plans or programs sponsored by the Company in which
the Executive is a participant, the Company shall reimburse the Executive for
such reasonable attorneys’ fees and for any other reasonable expenses related
thereto unless, in the case of an action instituted by the Executive, the
Executive had no reasonable basis for his claim and acted in bad faith. Such
reimbursement shall be made within thirty (30) days following final resolution,
in favor of the Executive, of the dispute or occurrence giving rise to such fees
and expenses. In no event shall the Executive be entitled to receive the
reimbursements provided for in this ARTICLE 12 if his employment is terminated
by the Company For Cause, or if he acts in bad faith or pursues a claim without
merit, or if he fails to prevail in any action instituted by him or the Company.

ARTICLE 13. DECISIONS BY COMPANY. Any powers granted to the Board hereunder may
be exercised by the Compensation Committee of the Board. Such Committee shall
have general responsibility for the administration and interpretation of this
Agreement.

ARTICLE 14. INDEMNIFICATION. The Company shall indemnify the Executive during
his employment and thereafter to the fullest extent permitted by applicable law
in respect of any judgments, fines, settlements, losses, costs or expenses
(including reasonable attorneys’ fees) of any nature related to or arising out
of, or in connection with, his activities as an agent, employee, officer or
director of the Company or in any other capacity on behalf of or at the request
of the Company; provided, that in no event shall such indemnity of the Executive
at any time during the period of his employment by the Company be less than the
maximum indemnity provided by the Company at any time during such period to any
other officer or director under and indemnification insurance policy or the
bylaws or charter of the Company or by agreement.

ARTICLE 15. SOURCE OF PAYMENTS; NO TRUST. The obligations of the Company to make
payments hereunder shall constitute a liability of the Company to the Executive.
Such payments shall be from the general funds of the Company, and the Company
shall not be required to establish or maintain any special or separate fund, or
otherwise to segregate assets to assure that such payments shall be made, and
neither the Executive nor his designated beneficiary shall have any interest in
any particular asset of the Company by reason of its obligations hereunder.
Nothing contained in this Agreement shall create or be construed as creating a
trust of any kind or any other fiduciary relationship between the Company and
the Executive or any other person. To the extent that any person acquires a
right to receive payments from the Company hereunder, such right shall be no
greater than the right of an unsecured creditor of the Company.

ARTICLE 16. SEVERABILITY. All agreements and covenants contained herein are
severable, and in the event any of them shall be held to be invalid by any
competent court, this Agreement shall be interpreted as if such invalid
agreements or covenants were not contained herein.

ARTICLE 17. ASSIGNMENT PROHIBITED. This Agreement is personal to each of the
parties hereto, and neither party may assign nor delegate any of his or its
rights or obligations hereunder without first obtaining the written consent of
the other party; provided, however, that nothing in this ARTICLE 17 shall
preclude the executors, administrators, or other legal representatives of the
Executive or his estate from assigning any rights under this Agreement to the
person or persons entitled thereto.

ARTICLE 18. NO ATTACHMENT. Except as otherwise provided in this Agreement or
required by applicable law, no right to receive payments under this Agreement
shall be subject to anticipation, commutation, alienation, sale, assignment,
encumbrance, charge, pledge or hypothecation or to execution, attachment, levy,
or similar process or assignment by operation of law, and any attempt, voluntary
or involuntary, to effect any such action shall be null, void and of no effect.

ARTICLE 19. HEADINGS. The headings of articles, paragraphs and sections herein
are included solely for convenience of reference and shall not control the
meaning or interpretation of any of the provisions of this Agreement.

ARTICLE 20. GOVERNING LAW. The parties intend that this Agreement and the
performance hereunder and all suits and special proceedings hereunder shall be
governed by and construed in accordance with and under and pursuant to the laws
of the State of North Carolina without regard to conflicts of law principles
thereof and that in any action, special proceeding or other proceeding that may
be brought arising out of, in connection with, or by reason of this Agreement,
the laws of the State of North Carolina shall be applicable and shall govern to
the exclusion of the law of any other forum. Any action, special proceeding or
other proceeding with respect to this Agreement shall be brought exclusively in
the federal or state courts of the State of North Carolina, and by execution and
delivery of this Agreement, the Executive and the Company irrevocably consent to
the exclusive jurisdiction of those courts and the Executive hereby submits to
personal jurisdiction in the State of North Carolina. The Executive and the
Company irrevocably waive any objection, including any objection based on lack
of jurisdiction, improper venue or forum non conveniens, which either may now or
hereafter have to the bringing of any action or proceeding in such jurisdiction
in respect to this Agreement or any transaction related hereto. The Executive
and the Company acknowledge and agree that any service of legal process by mail
in the manner provided for notices under this Agreement constitutes proper legal
service of process under applicable law in any action or proceeding under or in
respect to this Agreement.

ARTICLE 21. BINDING EFFECT. This Agreement shall be binding upon, and inure to
the benefit of, the Executive and his heirs, executors, administrators and legal
representatives and the Company and its permitted successors and assigns.

ARTICLE 22. MERGER OR CONSOLIDATION. The Company will not consolidate or merge
into or with another corporation, or transfer all or substantially all of its
assets to another corporation (the “Successor Corporation”) unless the Successor
Corporation shall assume this Agreement, and upon such assumption, the Executive
and the Successor Corporation shall become obligated to perform the terms and
conditions of this Agreement.

ARTICLE 23. COUNTERPARTS. This Agreement may be executed simultaneously in one
or more counterparts, each of which shall be deemed an original but all of which
together shall constitute one and the same instrument.

ARTICLE 24. NOTICES. All notices, requests and other communications to any party
under this Agreement shall be in writing (including telefacsimile transmission
or similar writing) and shall be given to such party at its address or
telefacsimile number set forth below or such other address or telefacsimile
number as such party may hereafter specify for the purpose by notice to the
other party:

(a) If to the Executive:

John R. Congdon

c/o Old Dominion Freight Line, Inc.

500 Old Dominion Way

Thomasville, North Carolina 27360

Fax Number: (336) 822-5289

With a copy to:

John R. Congdon

112 West Square Drive

Richmond, Virginia 23233

Fax Number:      

(b) If to the Company:

Old Dominion Freight Line, Inc.

Attention: General Counsel

500 Old Dominion Way

Thomasville, North Carolina 27360

Fax Number: (336) 822-5289

Each such notice, request or other communication shall be effective (i) if given
by mail, 72 hours after such communication is deposited in the mails with first
class postage prepaid, addressed as aforesaid or (ii) if given by any other
means, when delivered at the address specified in this ARTICLE 24. Delivery of
any notice, request, demand or other communication by telefacsimile shall be
effective when received if received during normal business hours on a business
day. If received after normal business hours, the notice, request, demand or
other communication will be effective at 10:00 a.m. on the next business day.

ARTICLE 25. MODIFICATION OF AGREEMENT. Subject to the provisions of ARTICLES 10
and 29, no waiver or modification of this Agreement or of any covenant,
condition, or limitation herein contained shall be valid unless in writing and
duly executed by the party to be charged therewith. No evidence of any waiver or
modification shall be offered or received in evidence at any proceeding,
arbitration, or litigation between the parties hereto arising out of or
affecting this Agreement, or the rights or obligations of the parties hereunder,
unless such waiver or modification is in writing, duly executed as aforesaid.
The parties further agree that the provisions of this ARTICLE 25 may not be
waived except as herein set forth.

ARTICLE 26. TAXES. To the extent required by applicable law, the Company shall
deduct and withhold all necessary Social Security taxes and all necessary
federal and state withholding taxes and any other similar sums required by law
to be withheld from any payments made pursuant to the terms of this Agreement.

ARTICLE 27. MITIGATION. The Executive shall not be required to mitigate the
amount of the payment provided for in ARTICLE 10 by seeking other employment or
otherwise, and, any payment or benefit to be provided to the Executive pursuant
to this Agreement shall not be reduced by any compensation or other amount
earned or collected by the Executive at any time before or after the termination
of the Executive’s employment.

ARTICLE 28. CLAW BACK. The Executive acknowledges that any bonus, incentive
and/or equity based compensation paid to him under or pursuant to the terms of
this Agreement or any other plan or program of the Company will be subject to
any recoupment, “claw back” or similar policy adopted by the Board after the
date of this Agreement and reduced to writing, as the same may thereafter be
amended from time to time.

ARTICLE 29. COMPLIANCE WITH CODE SECTION 409A. To the extent applicable, the
parties hereto intend that this Agreement comply with Section 409A of the Code,
and all rules, regulations and other similar guidance issued thereunder (“Code
Section 409A”). The parties agree that this Agreement shall at all times be
interpreted and construed in a manner to comply with Code Section 409A
(including compliance with any applicable exemptions from Code Section 409A) and
that should any provision be found not in compliance with Code Section 409A, the
parties are contractually obligated to execute any and all amendments to this
Agreement deemed necessary and required by the Company’s legal counsel to
achieve compliance with Code Section 409A or any applicable exemption. By
execution and delivery of this Agreement, the Executive irrevocably waives any
objections he may have to the amendments required by Code Section 409A. The
parties also agree that in no event shall any payment required to be made
pursuant to ARTICLE 10 of this Agreement that is considered deferred
compensation within the meaning of Code Section 409A be made to the Executive
unless he has incurred a separation from service (as defined in Code Section
409A). In the event amendments are required to make this Agreement compliant
with Code Section 409A, the Company shall use its best efforts to provide the
Executive with substantially the same benefits and payments he would have been
entitled to pursuant to this Agreement had Code Section 409A not applied, but in
a manner that is compliant with Code Section 409A or any of its exemptions. The
manner in which the immediately preceding sentence shall be implemented shall be
the subject of good faith negotiations of the parties. The parties also agree
that in no event shall any payment required to be made pursuant to this
Agreement that is considered deferred compensation within the meaning of Code
Section 409A (and is not otherwise exempt from the provisions thereof) be
accelerated in violation of Code Section 409A. The parties further agree that
any payment that is considered deferred compensation within the meaning of Code
Section 409A (and is not otherwise exempt from the provisions thereof) and is
made as a result of a separation from service cannot commence under Code
Section 409A until the lapse of six (6) months after a separation from service
(or death of the Executive, if earlier).

ARTICLE 30. LIFE INSURANCE BENEFIT. The Company has purchased and currently owns
the following life insurance policies (collectively, the “Policies”) on the life
of the Executive:

     
Issuer
  Policy No.
 
   
The Northwestern Mutual Life
  6204845 (“Policy No. 1”)
Insurance Company
 

The Northwestern Mutual Life
  7040586 (“Policy No. 2”)
Insurance Company
 

The Executive was previously granted the right to designate the beneficiary of
$500,000 of the death benefit payable under Policy No. 1 and $1,500,000 of the
death benefit payable under Policy No. 2 (the “Designation Rights”). The
Executive subsequently assigned his Designation Rights to his spouse, Natalie N.
Congdon, on June 20, 1991. The Company shall continue the Policies in full force
and effect and pay all premiums required to be paid under such Policies, if any,
during the period of the Executive’s employment with the Company. Upon the
termination of the Executive’s employment with the Company for any reason other
than death, the Designation Rights shall cease as of the Executive’s Termination
Date and neither the Executive nor his spouse shall have any rights under or in
the Policies. Following the Executive’s Termination Date, the Company alone may
exercise all rights under the Policies. The Executive and his spouse, Natalie N.
Congdon, shall take all actions and execute any and all documents as may be
necessary or required to relinquish the Designation Rights as of the Executive’s
Termination Date.

ARTICLE 31. RECITALS. The Recitals to this Agreement are incorporated herein and
shall constitute an integral part of this Agreement.

IN WITNESS WHEREOF, the parties have executed this Agreement on the day and year
first above written.

EXECUTIVE

/s/ John R. Congdon
John R. Congdon

OLD DOMINION FREIGHT LINE, INC.

By: /s/ David S. Congdon
Name: David S. Congdon
Title: President and Chief Executive Officer

Attest:
/s/ Joel B. McCarty, Jr.
Secretary/Asst. Secretary

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EXHIBIT A

OLD DOMINION FREIGHT LINE, INC.
EMPLOYMENT AGREEMENT

GENERAL RELEASE AND WAIVER OF CLAIMS

In consideration of the payment by Old Dominion Freight Line, Inc. (the
“Company”) of the termination compensation (the “Termination Compensation”) and
other benefits payable to me pursuant to that certain Amended and Restated
Employment Agreement dated      ,      , to which this Exhibit A is attached
(the “Agreement”), I,      agree to and do finally and completely release and
forever discharge the Company and its present and former parents, subsidiaries
and affiliates, and any one or more of their present and former employees,
shareholders, officers, directors or agents (the “Releasees”) from any and all
liabilities claims, obligations, demands and causes of action of any and every
kind or nature whatsoever, in law, equity or otherwise, known or unknown,
suspected or unsuspected, disclosed and undisclosed, which I now have, own or
hold, or claim to have, own or hold, or which I may have, own or hold, or claim
to have, own or hold, against each or any of the Releasees arising from or
relating to my employment with the Company and termination of that employment.

This General Release and Waiver of Claims (this “Release”) includes, without
limiting the generality of the foregoing, claims arising under any provision of
federal, state federal or local law, any federal, state or local
anti-discrimination statute, ordinance or regulation, the Age Discrimination in
Employment Act of 1967 (the “ADEA”), the Americans with Disabilities Act, the
Family and Medical Leave Act, Title VII of the Civil Rights Act of 1964 and the
Civil Rights Act 1991, or the Employee Retirement Income Security Act of 1974,
all as amended, or any similar federal, state or local statutes, ordinances or
regulations, or claims in the nature of a breach of contract, claims for
wrongful discharge, emotional distress, defamation, fraud or breach of the
covenant of good faith and fair dealing, tort and wage or benefit claims (other
than the Termination Compensation and other benefits to which I am or become
entitled under the Agreement); provided, however, that this Release does not
include actions brought by me (or my personal representative) to enforce the
terms of this Release, including my right to the Termination Compensation and
other benefits to which I am or become entitled under the Agreement, or to
secure benefits under any other employee benefit plan or program of the Company
of which I am a participant, or to seek indemnification under the Company’s
bylaws or other corporate governance documents, or to seek worker’s compensation
or unemployment compensation benefits, and this Release does not apply to any
rights or claims that I might have which arise as a result of any conduct that
occurs after the date this Release is signed by me. If I violate the terms of
this Release, I agree to pay the Releasees’ costs and reasonable attorneys’
fees.

I acknowledge that, among other rights subject to this Release, I am hereby
waiving and releasing any rights I may have under the ADEA, that this Release is
knowing and voluntary, and that the consideration given for this Release is in
addition to anything of value to which I was already entitled as an employee of
the Company.

As provided by law, I have been advised by the Company to carefully consider the
matters outlined in this Release and to consult with such professional advisors
as I deem appropriate, including a lawyer of my own choice. I acknowledge I have
had at least twenty-one (21) days from my receipt of this Release to consider
the terms and conditions set forth herein, and I understand that I have seven
(7) days following my execution of this Release to revoke my signature, in which
event this Release shall not be effective or binding on the parties, and I will
not receive the Termination Compensation described in the Agreement. I further
understand fully and acknowledge the terms and consequences of this Release, and
I voluntarily accept them.

ACKNOWLEDGED AND AGREED TO,
INTENDING TO BE LEGALLY BOUND HEREBY:

     
Executive

Dated:      

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