ex101ronniepruittofferle







        PERSONAL AND CONFIDENTIAL                      October 6, 2015      Ronnie Pruitt   4 Sheffield Ct.   Heath, TX  75032      Dear Ronnie:      I am pleased to present you with a formal offer to join U.S. Concrete as our Sr. Vice President &   Chief Operating Officer.  As you know, this is a new position for the Company, with   responsibilities for the direct oversight of all redi mix and aggregate operations would include:        developing operational initiatives and strategies;     timely and regular reporting to the CEO and Board of Directors on market assessments   and key operational issues;     execution of the Company’s strategic business plan;     analyses of costs and forecast data to determine progress towards Company’s tactical and   strategic goals and objectives; and     ensuring each Business Unit’s operating policies and procedures are developed and   adhered to in order to safeguard the Company’s assets, especially in the areas of safety,   environment and compliance.      Below is a summary of the compensation and benefits that are part of the Company’s offer:      Direct Report:  You will report directly to Bill Sandbrook, the Company’s President and Chief   Executive Officer.        Start Date:  I understand from Bill that you have agreed to October 26 as your formal start date.       Annual Base Salary:  Your annual base salary will be $365,000, paid by direct deposit and on a   semi-monthly basis.        Annual Bonus:  Your target bonus as a percentage of your annual base pay will be 60%.  Under   the terms and conditions of the U.S. Concrete Annual Incentive Plan, the payout of any bonus is   subject to Board approval and payable in the calendar year after it is earned.  However, for our   2015 Plan year and in lieu of any monetary sign-on bonus, the Company will provide you with   an $80,000 bonus, payable on the same date applicable to the payout of the annual bonus to other   executives of the Company.       





 







           Equity:  Pursuant to our Long Term Incentive Plan you will be granted shares of Company   restricted stock, pending approval by the Compensation Committee, equal in value to $150,000.    These shares will time vest over three years in equal annual installments from the date of the   grant.  This vesting schedule assumes, and the LTIP requires, that you remain employed with   U.S. Concrete or one of its subsidiaries on each vesting date.        You will also be eligible to receive a 2016 equity award, pending approval by the Committee,   which is currently scheduled for March 1, 2016.        Executive Severance Agreement:  Subsequent to your start date and with the approval by the   Compensation Committee, you will receive an Executive Severance Agreement.  This   Agreement includes provisions for severance pay of (i) one times your annual base pay plus pro-   rated (by the time elapsed in the year during which the termination occurs) target bonus for an   involuntary termination without cause; and (ii) two times annual base pay and two times target   bonus for a qualifying termination under a change-in-control as defined in the Agreement.       Personal Time Off:  At your executive level, you are eligible for 20 days of annual vacation.    The Company also has a specific schedule of paid holidays that is announced at the end of the   calendar year.  The holiday schedule for the rest of 2015 includes a Thanksgiving Vacation   (Thursday and Friday) and a Christmas Holiday (December 24 and 25).      Health Benefits:  You will be eligible to participate in all health and welfare benefit programs   available to similarly situated U.S. Concrete employees.  A summary of the current plans are   attached.  Note that these plans include health, pharmacy and dental benefits through Blue Cross,   vision benefits, life insurance, and short-term and long-term disability coverages.        401(k) and Deferred Compensation Plans:  The Company has established two separate   retirement savings plans which you are now eligible to participate in.  Both plans are managed   by Fidelity Investments.  Our 401(k) plan currently has a 4% Company match (100% of the first   4% deferred into the Plan), and we anticipate increasing the Company match to 5% (100% of the   first 5% deferred) effective January 1, 2016.  We also have a non-qualified deferred   compensation plan that would be an additional investment tool for you to consider.        Company Laptop and Cell Phone/PDA:  You will be provided a laptop and cell phone/PDA   since the Company views these as necessary business tools for your position.        Vehicle Allowance:  You are eligible to participate in the U.S. Concrete Vehicle Allowance   Program.  Through this program you would receive a vehicle allowance of $850 per month.             





 







           Pre-Employment Process:  This offer is contingent upon the satisfactory outcome (as   determined by the Company) of our pre-employment process which includes a background check   (criminal, credit, education, and references), drug test, and documentation of your eligibility to   work in the United States.  Negative results in any area of this process may result in our offer   being withdrawn.  On your first day, please bring with you the appropriate documents that will   verify your right to work in the United States, e.g., your Social Security card, driver’s license,   passport, etc.  At that time you will also complete the necessary documentation to participate in   our 401(k) and health benefits plans.  You will also have the opportunity to have your paycheck   direct deposited into either your checking or your savings account.  In order to ensure an   accurate deposit, please bring a voided check, savings slip, or authorized bank documentation.        Please contact Annie Candia at 817-835-4124 to coordinate all pre-employment activities.        Employment at Will:  Please be advised that nothing in this offer is intended to create a contract   of employment.  If you accept employment with U.S. Concrete, your employment will be on an   at-will basis, which means that either you or U.S. Concrete may terminate the employment   relationship at any time with or without notice, and with or without cause.  No other writing or   oral agreement will change your at-will status unless executed in writing by the CEO of U.S.   Concrete. Your acceptance of this position acknowledges your understanding of your   employment at-will status.      The performance of your duties and responsibilities for the Company under this Offer of   Employment will be on a full-time basis and will require the utilization of your full energies,   abilities and skills.  You must agree that during the course of your employment with the   Company you will at all times comply with all the rules and regulations which the Company may   establish from time to time for the conduct of its business, including but not limited to applicable   provisions of the Company’s Code of Conduct.        Ronnie, we want to welcome you to U.S. Concrete.  We are extremely excited to have your   skills, experience and leadership as part of our Company.  We look forward to working with you   and to the contributions you will make in the overall success of U.S. Concrete.  Please let me   know if you have any questions by contacting me personally at 817.835.4114 or mpeabody@us-   concrete.com.       Sincerely,             Mark B. Peabody   Vice President, Human Resources     





 







              Agreed and Accepted      /s/ Ronnie Pruitt   Ronnie Pruitt      Date October 6, 2015