Document:

<PAGE>

                                                                  EXHIBIT 10.108

                             EMPLOYMENT AGREEMENT

     THIS EMPLOYMENT AGREEMENT is entered into as of the 1/st/ day of March
1999, by and between Meadow Valley Corporation, a Nevada corporation (the
"Employer"), and Bradley E. Larson (the "Employee").

     The Employer hereby employs the Employee on a full-time basis, and the
Employee hereby accepts such full-time employment on the terms and conditions
hereinafter set forth.

     1.   EMPLOYMENT. Employee is employed as the President and Chief Executive
          ----------
Officer for the Employer. Employee shall perform all duties as outlined herein
and as may be assigned by the Employer and shall devote full time, attention and
loyalty to the affairs of the Employer. The duties of the Employee shall
specifically be:

          A)   To serve as a member of the Board of Directors, report directly
     to the Board, communicate with the board regarding current operational and
     financial status of Employer and strategic plans.

          B)   To present to the board, for board approval, annual operating
     plans, capital improvement programs, budgets and annual updates of
     strategic plans.

          C)   To assist the Chief Operating Officer in organizing operations
     personnel to maximize productivity and synergy between various area
     managers. Delegate responsibilities and oversee activities in the areas of
     finance/accounting, operations, estimating/marketing, safety and human
     resources.

          D)   To actively represent the Employer in industry organizations
     where the membership is deemed to be beneficial to the Employer; and serve
     as board member and/or officer in said organizations when elected to do so.

          E)   To seek out, and present to the board, any opportunities for
     acquisition and/or investment for growth of the Employer, and to negotiate
     or assist in the negotiations of acquisitions or investment expenditures.

          F)   To represent the Employer in contract negotiations with owners of
     work, subcontractors and suppliers.

          G)   To establish, foster and maintain relationships with important
     vendors and suppliers of strategic resources.

          H)   Any other area specifically assigned by the Board of Directors.

     2.   TERM. Subject to the provisions of termination provided in paragraph
          ----
12, the initial term of this Agreement shall commence on day and year first
written above and terminate on March 1, 2004. This Agreement may be extended by
the mutual written agreement of the Employee and the Employer.

     3.   COMPENSATION. Employee shall receive a base salary of One Hundred
          ------------
Sixty-two Thousand Seven Hundred Fifty Dollars ($162,750.00) per year, payable
in accordance with the regular payroll practices of Employer, and subject to
applicable deductions of withholding taxes and other customary employment taxes.
The Board Compensation Committee of Employer shall review Employee's salary at a
<PAGE>

minimum annually and may adjust Employee's salary upward to recognize
improvement, achievement or expansion of Employee's responsibilities.

     Employee shall participate as a member of senior management in cash
incentive plans as currently existing or as amended or adopted in the future by
the Compensation Committee of Employer's Board of Directors. Cash bonus plans
are subject to annual review and/or change as recommended by the Compensation
Committee and approved by the Board of Directors.

     4.   OPTIONS TO ACQUIRE COMMON STOCK. Employee is eligible to participate
          -------------------------------
in the Meadow Valley Corporation 1994 Stock Option Plan. Future grants of stock
options shall be subject to the discretion of Meadow Valley Corporation's board
of directors.

     5.   EMPLOYEE BENEFITS. Employer shall provide to Employee, and to the
          -----------------
Employee's dependents, a comprehensive major medical, health, and dental
insurance program comparable to the programs normally provided by other
employers in the same industry and marketplace, and the Employer shall pay the
cost of the Employee's portion of the premium. Should, at any time, the Employee
opt to maintain a personal major medical and health insurance policy for himself
and for his dependents and not participate in the Employer's group plan, then
Employer shall reimburse Employee the lesser of the amount Employee pays for
said personal policy, as evidenced by adequate documentation, or what Employer
would otherwise be paying were Employee participating in the Employer's group
plan. Should the Employee opt to maintain his own coverage, neither he nor his
dependents shall be precluded from later participating in the Employer's group
plan so long as they otherwise qualify for enrollment.

     At Employer's cost, Employer will maintain a life insurance policy covering
Employee, with at least $250,000 of death benefits being payable, in a manner
that is free of income tax, to Employee's estate or other beneficiaries
designated by Employee.

     Employer agrees to provide Employee with an automobile for business-related
use. In addition to the cost of the vehicle itself, Employer shall pay, directly
or by reimbursement to Employee, for all maintenance, fuel, repairs, insurance,
operating and other costs incidental thereto.

     Employer shall pay for, or reimburse Employee for, dues for his membership
in industry related associations perceived as beneficial to Employer and as
approved by the Employer's Executive Committee.

     So long as it is within the guidelines of the respective plan, Employee
shall be given the opportunity to participate in Employer's 401(k) and any
other plans made available to other members of executive management.

     Employee shall be entitled to receive all other employee benefits for
senior management personnel upon the terms and conditions then in effect.

     6.   MOVING EXPENSES AND SUBSISTENCE. In the event the Employer requires
          -------------------------------
the Employee to relocate, the Employer shall pay for all moving costs of
reasonable and normal household effects, including up to six months storage of
such household effects while Employee obtains a permanent residence in the
relocation area.

                                       2
<PAGE>

Employee shall obtain a minimum of two moving and storage quotes from reputable
movers and Employer shall pay the most competitive rate.
     Employer shall provide Employee a subsistence allowance of Two Thousand
Dollars ($2,000.00) per month for the lesser of nine months from the date of
reassignment in a new location or until such time as the relocation of Employee
and his/her spouse to the relocation area is complete. In addition, costs for
one round-trip airline ticket per week between the Employee's previous location
and the relocation area will be reimbursed by Employer to Employee during the
same nine-month period, or less if relocation is completed earlier. Such tickets
may be used either by Employee or by his/her spouse.

     7.   HOLIDAYS AND VACATION.
          ---------------------
          A)   Employee shall be paid for the following seven (7) holidays: New
     Year's Day, Memorial Day, Independence Day, Labor Day, Thanksgiving Day and
     the day after Thanksgiving, and Christmas Day and all other holidays for
     Employees of the Company as approved by the Chief Executive Officer or
     Board of Directors.

          B)   Employee is entitled to four weeks vacation during the first year
     of employment and for each year thereafter. Unused vacation in any given
     year shall accrue to following years up to a maximum of eight weeks in any
     one year.

     8.   RESPONSIBILITIES OF EMPLOYEE. The Employee shall devote such
          ----------------------------
reasonable time as is necessary or is deemed reasonably necessary by the
Employer to carry out all required duties and will devote full time to the
Employer during normal business hours. The Employee shall at all times
faithfully, with diligence and to the Employee's best good faith ability,
experience and talents, perform all the duties that may be required pursuant to
the express terms hereof to the reasonable satisfaction of the Employer, in
accordance with customary professional standards.

     9.   WORKING FACILITIES. The Employee shall be furnished with all
          ------------------
facilities and services suitable to Employee's position and adequate for the
performance of Employee's duties.

     10.  EXPENSES. The Employee is authorized to incur reasonable expenses for
          --------
promoting business of the Employer, including expenses for entertainment, travel
and similar items. The Employer shall reimburse the Employee for all such
expenses on the presentation by the Employee of itemized and adequately
documented accounts of such expenditures.

     11.  DISABILITY. If unable to perform duties under the terms of this
          ----------
Agreement by reason of illness or incapacity for a period of four weeks,
Employee shall, commencing at the end of such four week period, be entitled to
receive Employee's compensation hereunder for a period of up to and including a
maximum of one year or until he is no longer disabled, whichever occurs first.
After one year of disability at full salary, the Employee, or his designated
beneficiary, shall be provided with a disability

                                       3
<PAGE>

insurance policy, if available, at no cost to Employee. The disability income
policy would provide for monthly income benefits at the rate of sixty percent
(60%) of the Employee's base salary at the time the disability occurred. The
Company will attempt to procure a disability income policy that would provide
monthly benefits until the Employee reaches 65 years of age or is no longer
disabled whichever occurs first. If such a policy is unavailable, the Company
will attempt to provide the best policy available. If no policy is available, no
other disability income benefits will be provided.

     12.  TERMINATION. This Employment Agreement may be terminated under the
          -----------
following circumstances:

          A)   WITHOUT CAUSE. Employer may terminate this Agreement at any time
               -------------
     upon thirty (30) days written notice to Employee, but Employer shall be
     obligated to pay to Employee compensation in a lump sum for the balance of
     the term of this Agreement within 30 days of termination, unless Employee
     agrees to other payment terms.

          B)   VOLUNTARY TERMINATION BY EMPLOYEE WITHOUT CAUSE. Employee may
               -----------------------------------------------
     terminate this Agreement at any time upon thirty (30) days written notice
     to Employer and Employer shall be obligated, in that event, to pay Employee
     compensation up to the date of the termination only. All accrued but unpaid
     compensation and Employee benefits shall be paid in cash within 30 days of
     termination, unless Employee agrees to other payment terms.

          C)   TERMINATION BY EMPLOYER FOR REASONABLE CAUSE.
               --------------------------------------------
     The Employer may terminate this Agreement for reasonable cause upon the
     unanimous vote of the Board of Directors and by thirty (30) days written
     notice to the Employee and Employer shall be obligated, in that event, to
     pay Employee compensation up to the date of termination only. For purposes
     hereof, "cause" shall be defined as meaning (i) such conduct by the
     Employee which constitutes material breach of this Agreement which is not
     cured within ninety (90) days of written notice to the Employee of said
     alleged breach or (ii) a material failure to competently perform Employee's
     duties as stated in paragraph 1 in accordance with applicable professional
     standards as stated in paragraphs 1 and 8 hereof provided that Employer has
     previously given Employee written notice and a reasonable opportunity to
     remedy such failure and such failure has a materially adverse effect on the
     business or financial condition of Employer or (iii) material breach of
     Employee's fiduciary duty and such breach has a material adverse effect on
     the business or financial condition of Employer or (iv) egregiously
     improper or illegal conduct of the Employee which, based upon a unanimous
     good faith determination of the Board of Directors of the Employer, has a
     material adverse affect on Employer.

          D)   TERMINATION BY EMPLOYEE FOR REASONABLE CAUSE.
               ---------------------------------------------
     Employee may terminate this Agreement for cause. In such event, Employer
     shall be obligated to pay Employee compensation in lump sum for the balance
     of the term of this Agreement within 30 days of termination or as Employee
     shall agree, plus damages suffered and expenses incurred by reason

                                       4
<PAGE>

     thereof. For this purpose "cause" shall mean (i) a material breach of this
     Agreement by Employer or (ii) failure of Employer to pay any amount owed
     Employee hereunder at the time and in the amount due or (iii) failure of
     Employer to follow applicable law, especially with respect to SEC filings
     and compliance over the objection of Employee or contrary to the reasonable
     advice of Employee or (iv) egregiously improper conduct with respect to
     dealing with Employee or in a manner which brings discredit to Employee.

     13.  CONFIDENTIALITY. Employee agrees not to disclose any confidential,
          ---------------
proprietary competitively sensitive information to persons who are not
employees, directors, lenders, bonding agents, insurance companies or advisors
of the Employer, except as required by law, without prior consent of the
Employer; provided however, any disclosure involving this paragraph shall not
result in a breach of this Agreement unless the disclosure has a materially
adverse effect on the Employer.

     14.  INDEMNIFICATION. Employer and Meadow Valley Contractors, Inc. shall
          ---------------
provide Employee with an Officer Indemnification Agreement in the form attached
hereto.

     15.  NOTICES. All notices, demands, and communications given under this
          -------
Agreement ("Notice") shall be in writing and delivered personally or sent by
registered or certified mail, return receipt requested, in the United States
mail, postage prepaid, addressed as follows:

          If to Employer:
               Meadow Valley Corporation
               P.O. Box 60726
               Phoenix, AZ 85082-0726

          If to Employee:
               Bradley E. Larson
               671 E. Encinas Ave.
               Gilbert, AZ 85234

or at such other address as a party may from time to time designate by Notice
hereunder. Notice shall be effective upon delivery in person, or if mailed, at
midnight on the third business day after the date of mailing.

     16.  ASSIGNMENT OF AGREEMENT. Neither party may assign or otherwise
          -----------------------
transfer this Agreement or any of its rights or obligations hereunder without
the prior written consent to such assignment or transfer by the other party
hereto; and all the provisions of this Agreement shall be binding upon the
respective employees, successors, heirs and assigns of the parties; provided,
however, the benefits payable to Employee hereunder in the event of disability
or death or incapacity are payable to Employee's spouse or personal
representative.

                                       5
<PAGE>

     17.  SURVIVAL OF REPRESENTATIONS, WARRANTIES AND COVENANTS. This Agreement
          -----------------------------------------------------
and the representations, warranties, covenants and other agreements (however
characterized or described) by both parties and contained herein or made
pursuant to the provisions hereof shall survive the execution and delivery of
this Agreement.

     18.  FURTHER INSTRUMENTS. The parties shall execute and deliver any and all
          -------------------
such other instruments in reasonable mutually acceptable form and substance and
shall take any and all such other actions as may be reasonably necessary to
carry the intent of the Agreement into full force and effect.

     19.  SEVERABILITY. If any provision of this Agreement shall be held,
          ------------
declared or pronounced void, voidable, invalid, unenforceable or inoperative for
any reason by any court of competent jurisdiction, governmental authority or
otherwise, such holding, declaration or pronouncement shall not affect adversely
any other provision of this Agreement, which shall otherwise remain in full
force and effect and be enforced in accordance with its terms, and the effect of
such holding, declaration or pronouncement shall be limited to the territory of
jurisdiction in which made.

     20.  WAIVER. All the rights and remedies of either party under this
          ------
Agreement are cumulative and not exclusive of any other rights and remedies
provided by law. No delay or failure on the part of either party in the exercise
of any right or remedy arising from a breach of this Agreement shall operate as
a waiver of any subsequent right or remedy arising from a subsequent breach of
this Agreement. The consent of any party where required hereunder to any act or
occurrence shall not be deemed to be a consent to any other act or occurrence.

     21.  GENERAL PROVISIONS. This Agreement shall be construed and enforced in
          ------------------
accordance with, and governed by, the laws of the state of Arizona. Except as
otherwise expressly stated herein, time is of the essence in performing under
this Agreement. This Agreement embodies the entire agreement and understanding
between the parties and supersedes all prior agreements and understandings
relating to the subject matter of this Agreement as it relates to the parties'
duties and obligations from and after March 1, 1999, and this Agreement may not
be modified or amended or any term or provision hereof waived or discharged
except in writing signed by the party against whom such amendment, modification,
waiver or discharge is sought to be enforced. The headings of this Agreement are
for convenience in reference only and shall not limit or otherwise affect the
meaning thereof. This Agreement may be executed in any number of counterparts,
each of which shall be deemed an original but all of which taken together shall
constitute one and the same instrument.

     22.  SPECIAL RIGHT OF EMPLOYEE UNDER CERTAIN CIRCUMSTANCES. During the term
          -----------------------------------------------------
of this Agreement, if (i) Employer is involved in a merger, consolidation or
other business combination in which Employer is not the

                                       6
<PAGE>

principal subsidiary are sold; or (iii) in the event Employee is required to
relocate outside the Phoenix, Arizona area in a manner not mutually acceptable
to Employee and Employer, then Employee shall have the following rights:
          A)   To terminate this Agreement with 30 days prior notice, in which
     event Employer shall pay Employee as if there were a termination without
     cause by the Employer; and
          B)   All options granted shall, to the extent not specifically
     prohibited by the stock option plan then in effect, vest immediately and be
     exercisable within one year of the occurring of one of the events set forth
     in (i), (ii) or (iii) above.

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

                                      Meadow Valley Corporation

 /s/ Bradley E. Larson                By  /s/ Gary A. Agron
---------------------------              -------------------------------------
Employee                                 Temp. Chairman - Compensation Committee

                                       7<PAGE>

                                                                  EXHIBIT 10.109

LEASE SCHEDULE NO. 1000099257                            FINANCING LEASE
                   ----------                            (Per Diem Interim Rent)

Master Lease Agreement dated-JULY 01, 1999
                             -------------

Lessor:  BANC ONE LEASING CORPORATION
         ----------------------------

Lessee:  READY MIX, INC.
         ---------------

1.  GENERAL. This Lease Schedule is signed and delivered under the Master Lease
Agreement identified above, as amended from time to time ("Master Lease"),
between Lessee and Lessor. Capitalized terms defined in the Master Lease will
have the same meanings when used in this Schedule.

2.  FINANCING. Lessor finances for Lessee, and Lessee finances with Lessor, all
of the property ("Equipment") described in Schedule A-1 attached hereto (and
Lessee represents that all Equipment is new unless specifically identified as
used):

3.  AMOUNT FINANCED:          Equipment Cost:                $2,499,758.58
                              Set-up/Filing Fee:                    200.00
                              Miscellaneous:                           N/A
                              Sales Tax:                               N/A

                              Total:                         $2,499,958.58
                                                              ------------

4.  FINANCING TERM. The Base Term of this Schedule shall be 84 months and the
                                                            --
Base Term shall commence on the Acceptance Date ("Commencement Date"). The total
                                ---------------
Lease Term consists of the Interim Term plus the Base Term. The Interim Term
begins on the date that Lessor accepts this Schedule as stated below Lessor's
signature ("Acceptance Date") and continues up to the Commencement Date.

5.  INSTALLMENT PAYMENTS/FEES. As financing for the Equipment, Lessee shall pay
to Lessor all amounts stated below on the due dates stated below. There shall be
added to each installment payment all applicable Taxes as in effect from time to
time.

(a) For the Interim Term, Lessee shall pay to Lessor on the Commencement Date an
amount equal to one-thirtieth (1/30th) of the Installment Payment multiplied by
the number of days in the Interim Term. "Installment Payment" means the total of
all installment payments due and payable during the Base Term divided by the
number of months in the Base Term.

(b) During the Base Term, Lessee shall pay to Lessor installment payments in the
amounts and according to the timing set forth below, provided however, that
notwithstanding the following, the final installment payment due hereunder shall
be equal to the remaining principal balance hereunder together with all accrued
interest and fees.

          (1)  Amount of each installment payment during the Base Term
          (including principal and interest):

                    84 Monthly payments of $38,831.28

          (2)  Frequency of installment payments during the Base Term: MONTHLY

          (3)  Timing of installment payments during the Base Term: ARREARS

(c) Lessee shall pay Lessor a Set-Up/Filing Fee as follows:
<PAGE>

          (1)  $ shall be paid on the Acceptance Date, or
          (2)  $375.00 has been included in the above Amount Financed of the
                ------
          Equipment.

(d)  Security Deposit:$ On the Acceptance Date, Lessee shall pay Lessor said
                      -
Security Deposit which shall be held in accordance with paragraph 6 below.

6.  SECURITY INTEREST. This Schedule is intended to be a secured debt financing
transaction, not a true lease. See Paragraph 7 below regarding Lessee's
             ---
ownership of the Equipment. As collateral security for payment and performance
of all Secured Obligations (defined in Paragraph 8 below) and to induce Lessor
to extend credit from time to time to Lessee (under the Lease or otherwise),
Lessee hereby grants to Lessor a first priority security interest in all of
Lessee's right, title and interest in the Equipment, whether now existing or
hereafter acquired, any sums specified in this Schedule as a "Security Deposit",
and in all Proceeds (defined in Paragraph 8 below). At its option, Lessor may
apply all or any part of any Security Deposit to cure any default of Lessee
under the Lease. If upon final termination of this Schedule, Lessee has
fulfilled all of the terms and conditions hereof, then Lessor shall pay to
Lessee upon Lessee's written request any remaining balance of the Security
Deposit for this Schedule, without interest.

7.  TITLE TO EQUIPMENT; FIRST PRIORITY LIEN. Lessee represents, warrants and
agrees: that Lessee currently is the lawful owner of the Equipment; that good
and marketable title to the Equipment shall remain with Lessee at all times;
that Lessee has granted to Lessor a first priority security interest in the
Equipment and all Proceeds; and that the Equipment and all Proceeds are, and at
all times shall be, free and clear of any Liens other than Lessor's security
interest therein. Lessee at its sole expense will protect and defend Lessor's
first priority security interest in the Equipment against all claims and demands
whatsoever.

8.  CERTAIN DEFINITIONS. "Secured Obligations" means (a) all payments and other
obligations of Lessee under or in connection with this Schedule, and (b) all
payments and other obligations of Lessee (whether now existing or hereafter
incurred) under or in connection with the Master Lease and all present and
future Lease Schedules thereto, and (c) all other leases, indebtedness,
liabilities and/or obligations of any kind (whether now existing or hereafter
incurred, absolute or contingent, direct or indirect) of Lessee to Lessor or to
any affiliate of either Lessor or BANK ONE CORPORATION. "Proceeds" means all
cash and non-cash proceeds of the Equipment including, without limitation,
proceeds of insurance, indemnities and/or warranties.

9.  AMENDMENTS TO MASTER LEASE. For purposes of this Schedule only, Lessee and
Lessor agree to amend the Master Lease as follows: (a) public liability or
property insurance as described in the second sentence of Section 8 will not be
required; (b) the definition of "Stipulated Loss Value" in clause (b) of Section
9 is deleted and replaced by Paragraph 10 below; (c) the text of Section 10 is
deleted in its entirely; (d) Subsections 23(a) and 23(c) are deleted; (e)
subsection 23(b) and the last sentence of section 4 will apply only if an event
of default occurs; and (f) all references in the Lease as it relates to this
Schedule to "Lessee" and "Lessor" shall be changed to "Borrower" and "Lender"
respectively.

10. STIPULATED LOSS VALUE. For purposes of this Schedule only, the "Stipulated
Loss Value" of any item of Equipment during its Lease Term equals the aggregate
of the following as of the date specified by Lessor: (a) all accrued and unpaid
interest, late charges and other amounts due under this Schedule and the Master
Lease to the extent it relates to this Schedule as of such specified date, plus
(b) the remaining principal balance due and payable by Lessee under this
Schedule as of such specified date, plus (c) interest on the amount described in
the foregoing clauses (a) and

(b) at the Overdue Rate commencing with the specified date; provided, that the
foregoing calculation shall not exceed the maximum amount which may be collected
by Lessor from Lessee under applicable law in connection with enforcement of
Lessor's rights under this Schedule and the Master Lease to the extent it
relates to this Schedule.

11. LESSEE TO PAY ALL TAXES. For purposes of this Schedule and its Equipment
only: Lessee shall pay any and all Taxes relating to this Schedule and its
Equipment directly to the applicable taxing authority, Lessee shall prepare and
file all reports or returns concerning any such Taxes as may be required by
applicable law or regulation (provided, that Lessor shall not be identified as
the owner of the Equipment in such reports or returns); and Lessee shall,
<PAGE>

upon Lessor's request, send Lessor evidence of payment of such Taxes and copies
of any such reports or returns.

12. LESSEE'S ASSURANCES. Lessee irrevocably and unconditionally: (a) reaffirms
all of the terms and conditions of the Master Lease and agrees that the Master
Lease remains in full force and effect; (b) agrees that the Equipment is and
will be used at all times solely for commercial purposes, and not for personal,
family or household purposes; and (c) incorporates all of the terms and
conditions of the Master Lease as if fully set forth in this Schedule.

13. REPRESENTATIONS AND WARRANTIES: Lessee represents and warrants that: (a)
Lessee is a corporation, partnership or proprietorship duly organized, validly
existing and in good standing under the laws of the state of its organization
and is qualified to do business and is in good standing under the laws of each
other state in which the Equipment is or will be located; (b) Lessee has full
power, authority and legal right to sign, deliver and perform the Master Lease,
this Schedule and all related documents and such actions have been duly
authorized by all necessary corporate/partnership/proprietorship action; and (c)
the Master Lease, this Schedule and each related document has been duly signed
and delivered by Lessee and each such document constitutes a legal, valid and
binding obligation of Lessee enforceable in accordance with its terms.

14. CONDITIONS. No lease of Equipment under this Schedule shall be binding on
Lessor, and Lessor shall have no obligation to purchase the Equipment covered
hereby, unless: (a) Lessor has received evidence of all required insurance;
(b) in Lessor's sole judgment, there has been no material adverse change in the
financial condition or business of Lessee or any guarantor; (c) Lessee has
signed and delivered to Lessor this Schedule, which must be satisfactory to
Lessor, and Lessor has signed and accepted this Schedule; (d) no change in the
Code or any regulation thereunder, which in Lessor's sole judgment would
adversely affect the economics to Lessor of the lease transaction, shall have
occurred or shall appear to be imminent; (e) Lessor has received, in form and
substance satisfactory to Lessor, such other documents and information as Lessor
shall reasonably request; and (f) Lessee has satisfied all other reasonable
conditions established by Lessor.

15. OTHER DOCUMENTS: EXPENSES: Lessee agrees to sign and deliver to Lessor any
additional documents deemed desirable by Lessor to effect the terms of the
Master Lease or this Schedule including, without limitation, Uniform Commercial
Code financing statements which Lessor is authorized to file with the
appropriate filing officers. Lessee hereby irrevocably appoints Lessor and any
designee of Lessor as Lessee's attorney-in-fact with full power and authority in
the place of Lessee and in the name of Lessee to prepare, sign, amend, file or
record any Uniform Commercial Code financing statements or other documents
deemed desirable by Lessor to perfect, establish or give notice of Lessor's
interests in the Equipment or in any collateral as to which Lessee has granted
Lessor a security interest. Lessee shall pay upon Lessor's written request any
actual out-of-pocket costs and expenses paid or incurred by Lessor in connection
with the above terms of this section or the funding and closing of this
Schedule.

16. PURCHASE ORDERS AND ACCEPTANCE OF EQUIPMENT. Lessee agrees that (I) Lessor
has not selected, manufactured, sold or supplied any of the Equipment, (ii)
Lessee has selected all of the Equipment and its suppliers, and (iii) Lessee has
received a copy of, and approved, the purchase orders or purchase contracts for
the Equipment. AS BETWEEN LESSEE AND LESSOR, LESSEE AGREES THAT: (a) LESSEE HAS
RECEIVED, INSPECTED AND APPROVED ALL OF TEE EQUIPMENT; (b) ALL EQUIPMENT IS IN
GOOD WORKING ORDER AND COMPLIES WITH ALL PURCHASE ORDERS OR CONTRACTS AND
<PAGE>

ALL APPLICABLE SPECIFICATIONS; (c) LESSEE IRREVOCABLY ACCEPTS ALL EQUIPMENT FOR
PURPOSES OF THE LEASE "AS-IS, WHERE-IS" WITH ALL FAULTS; AND (d) LESSEE
UNCONDITIONALLY WAIVES ANY RIGHT THAT IT MAY HAVE TO REVOKE ITS ACCEPTANCE OF
THE EQUIPMENT.

LESSEE HAS READ AND UNDERSTOOD ALL OF THE TERMS OF THIS SCHEDULE. LESSEE AGREES
THAT THERE ARE NO ORAL OR UNWRITTEN AGREEMENTS WITH LESSOR REGARDING THE
EQUIPMENT OR THIS SCHEDULE.

BANC ONE LEASING CORPORATION                      READY MIX, INC.
----------------------------                      ---------------
(Lessor)                                          (Lessee)

By:_________________________                      By:/s/ Kenneth D. Nelson
                                                     ---------------------------

Title: _____________________                      Title: Vice President
                                                         -----------------------

Acceptance Date: ___________                      Witness:/s/ Nicole Smith
                                                          ----------------------
<PAGE>

                         Banc One Leasing Corporation

                    SCHEDULE A-1 EQUIPMENT LEASED HEREUNDER

QUANTITY                 DESCRIPTION                                      PAGE 1
================================================================================

                     EQUIPMENT LOCATION: 1501 HIGHWAY 168
                                         MOAPA, NV 89025
                     COUNTY            : CLARK
                     COST              : $2,499,758.58

"ALL PROPERTY DESCRIBED IN THE INVOICES AND EXHIBITS IDENTIFIED BELOW, WHICH
PROPERTY MAY BE GENERALLY DESCRIBED AS ROCK AND SAND CRUSHING EQUIPMENT."

<TABLE>
<CAPTION>
          VENDOR                                  INVOICE #
<S>                                               <C>
CONSTRUCTION EQUIPMENT SALES                      4466
AGGREGATE DESIGNS                                 9906-11
CONVEYOR SALES                                    19245
TK ELECTRIC                                       99431
TK ELECTRIC                                       99491
KIMBALL EQUIPMENT                                 150325
KIMBALL EQUIPMENT                                 150326
CRUSHER SERVICE                                   39331
CONSTRUCTION EQUIPMENT SALES                      4470
CRUSHER SERVICE                                   39501
HAZEMAG USA                                       9282A
CONVEYOR SALES                                    19568
KIMBALL EQUIPMENT                                 150905
CONVEYOR SALES                                    19248
</TABLE>

     TOGETHER WITH ALL ATTACHMENTS, ADDITIONS, ACCESSIONS, PARTS, REPAIRS,
     IMPROVEMENTS, REPLACEMENTS AND SUBSTITUTIONS THERETO.

This Schedule A-1 is attached to and made a part of Lease Number 1000099257 and
constitutes a true and accurate description of the equipment.

Lessee:

READY MIX, INC.
--------------------------------------

By: /s/ Kenneth D. Nelson
    ----------------------------------

Date: 9-24-99
     ---------------------------------
<PAGE>

                         Banc One Leasing Corporation

                    SCHEDULE A-1 EQUIPMENT LEASED HEREUNDER

QUANTITY                 DESCRIPTION                                      PAGE 2
================================================================================

EXHIBIT A                 45232.30

EXHIBIT B                 98839.11

EXHIBIT C                 62173.00

EXHIBIT D                 56848.98

EXHIBIT E                 94554.19

EXHIBIT F                 19360.07

EXHIBIT G                 91554.01

EXHIBIT H                 98803.97

EXHIBIT I                176037.96

EXHIBIT J                 60246.81

EXHIBIT K                 29686.42

     TOGETHER WITH ALL ATTACHMENTS, ADDITIONS, ACCESSIONS, PARTS, REPAIRS,
     IMPROVEMENTS, REPLACEMENTS AND SUBSTITUTIONS THERETO.

This Schedule A-1 is attached to and made a part of Lease Number 1000099257 and
constitutes a true and accurate description of the equipment.

Lessee:

READY MIX, INC.
---------------------------------

By: /s/ Kenneth D. Nelson
   ------------------------------

Date:  9-24-99
     ----------------------------

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00003-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00003-of-00352.parquet"}]]