Document:

Exhibit 10(a)(1)

Exhibit 10(a)(1)

[*] TEXT OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION

Confidential Treatment Requested by Core Molding Technologies, Inc.

Under 17 C.F.R. Sections 200.80(B)(4), 200.83 and 240.24b-2

FIRST ADDENDUM TO COMPREHENSIVE SUPPLY AGREEMENT

THIS FIRST ADDENDUM is entered into this 28th day of January, 2010 by and between Navistar,
Inc., a Delaware corporation (“Buyer”), and CORE MOLDING TECHNOLOGIES, INC./CORE COMPOSITES
CORPORATION, a Delaware corporation (“Seller”). Capitalized terms used herein but not defined have
the meanings set forth in the Agreement.

WHEREAS, the parties hereto are parties to that certain Comprehensive Supply Agreement dated
June 23, 2008 (the “Supply Agreement”); and

WHEREAS, Buyer and Seller wish to add provisions to the Supply Agreement as a result of
Buyer’s relocation of certain production to Buyer’s Escobedo Assembly Plant, which prompted Buyer
to ask Seller to shift production of certain of Seller’s Products to Seller’s Matamoros, Mexico
production facility.

NOW, THEREFORE, in consideration of the promises and other good and valuable consideration,
the receipt and sufficiency of which are hereby acknowledged, the parties hereto do hereby agree as
follows:

	 	1.	 	Seller will install, at its expense (approximately $4,000,000), additional compression
molding presses at its plant in Matamoros, Mexico, in numbers and configurations needed to
ensure adequate capacity to produce the following Products under historically-typical
demand conditions:

	 	a.	 	[*]

	 	b.	 	[*]

	 	c.	 	[*]

	 	d.	 	[*]

	 	2.	 	[*]

	 	 	 	 	 	 	 	 	 
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*[*]

* Confidential Treatment Requested by Core Molding Technologies, Inc

 

 

 

Buyer and Seller will work jointly to determine the appropriate size of the inventory banks
required to support the Product moves considering the production needs of Buyer and the
timing requirements to move the equipment. Buyer will ultimately be responsible for
determining the inventory bank quantities and will assume any risk of actual demand
fluctuations in relation to the bank size. Seller will be responsible for meeting the
timing requirements of the equipment move.

	 	3.	 	Seller and Buyer will develop a final move timeline once the inventory bank sizes are
determined, as the size of the bank will impact timing. It is currently estimated that
production start-up for the [*] will start in Mexico in May 2010 and production of the [*]
will begin in June 2010.

	 	4.	 	Seller will initiate move of production lines to Mexico once this First Addendum is
executed and the inventory bank sizes are determined.

	 	5.	 	Buyer will be responsible for all costs as noted in the cost breakdown of the attached
Appendix A,
of the inventory bank. Final costs will be determined based upon the actual bank quantities
determined to be necessary.

	 	a.	 	Buyer may at its own option choose to purchase and store the bank at
Buyer’s (or its logistics vendor’s) facility. Should Buyer chose to store the bank,
Buyer will be responsible to ensure that all Products are properly stored to avoid
any damage during storage and to ensure products remain in a paint-ready condition
for use by Buyer’s production facilities.

	 	6.	 	Buyer will be responsible for the costs of moving its molds, secondary equipment,
racks, etc., as shown in the cost breakdown in the attached Appendix A, to Seller’s
Matamoros Mexico plant.

	 	a.	 	Buyer may contract directly with its logistic suppliers to transport
these items to Mexico. Seller will support the loading and unloading of these
items in its facilities. Buyer and Seller will work together to ensure that the
timing of these moves is in support of the overall project timeline and start up
needs.

	 	b.	 	Alternatively, if directed by Buyer, Seller will contract with the
logistics carriers to transport these items to Mexico. Under this arrangement,
Seller will bill Buyer for the costs to move this equipment. Payment terms will
match those Seller receives from the logistics carriers.

	 	7.	 	Buyer will be responsible for the costs to disconnect, transfer and reinstall in
Seller’s Matamoros plant, all Buyer-owned assembly cell equipment. These costs are shown
in the cost breakdown in the attached Appendix A. Seller will be responsible to manage
this transfer to ensure that all equipment is properly disassembled and reassembled to
produce Products consistent with the assembly of these Products in Columbus.

	 	a.	 	[*]

	 	b.	 	[*].

	 	c.	 	Seller will invoice Buyer progress billings consistent with service
vendors’ invoicing practices.

	 	d.	 	Payment terms for these invoices from Seller to Buyer will match the
providers’ invoice payment terms.

* Confidential Treatment Requested by Core Molding Technologies, Inc

 

 

 

	 	8.	 	The parties recognize that, should production using the Products covered by this First
Addendum be moved from Buyer’s Escobedo plant to any other location further from Seller’s
Matamoros Plant than the Escobedo Assembly Plant, Buyer will experience higher logistics
costs for its products shipped from Seller’s Matamoros facility. Buyer agrees not use
logistics costs as a basis to deem Seller uncompetitive as a supplier under section 19 of
the Supply Agreement, should such a move occur.

	 	9.	 	All other terms and conditions of the Supply Agreement shall remain in full force and
effect.

	 	 	 	 	 	 	 
	CORE MOLDING TECHNOLOGIES, INC.

	 	 	 	NAVISTAR, INC.	 	 
	 
	 	 	 	 	 	 
	/s/ Terrence J. O’Donovan
 

	 	 
	 	/s/ Dustin J. Miller
 

	 	 
	Terrence J. O’Donovan, VP

	 	 	 	Dustin J. Miller, Supply Manager	 	 
	 
	 	 	 	 	 	 
	January 28, 2010
 

	 	 
	 	January 28, 2010
 

	 	 
	Date

	 	 	 	Date	 	 

* Confidential Treatment Requested by Core Molding Technologies, Inc

 

 

 

[*] TEXT OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION

Confidential Treatment Requested by Core Molding Technologies, Inc.

Under 17 C.F.R. Sections 200.80(B)(4), 200.83 and 240.24b-2

EXHIBIT A: [*]

* Confidential Treatment Requested by Core Molding Technologies, IncExhibit 10.46

	 	 	 	 	 

Exhibit 10.46

NON-EMPLOYEE DIRECTOR NONQUALIFIED STOCK OPTION AWARD AGREEMENT1

The Shaw Group Inc.

2008 Omnibus Incentive Plan

This Nonqualified Stock Option Award Agreement (“Agreement”) dated as of [Insert Grant
Date]2 (the “Grant Date”) is entered into between The Shaw Group Inc. (the “Company”)
and [Insert Recipient’s Name] (the “Recipient”) pursuant to the The Shaw Group Inc. 2008 Omnibus
Incentive Plan (as the same may hereafter be amended, supplemented or otherwise modified, the
“Plan”).

THE PARTIES HERETO AGREE AS FOLLOWS:

1. Incorporation of Plan Provisions. The Option evidenced hereby is made under and
pursuant to the Plan, a copy of which is available from the Company’s Secretary and incorporated
herein by reference, and the Option is subject to all of the provisions thereof. Capitalized terms
used herein without definition shall have the same meanings given such terms in the Plan. The
Recipient represents and warrants that he or she has read the Plan and is fully familiar with all
the terms and conditions of the Plan and agrees to be bound thereby.

2. Grant of Option. In consideration of the Recipient’s service on the Board of
Directors (the “Board”) of the Company, the Company hereby grants to the Recipient an option (the
“Option”) under the Plan to purchase a total of [Insert # Options] shares of the Company’s no par
value common stock (the “Shares”), subject to the following terms and conditions:

(a) The Option is a nonqualified stock option or NQSO (as defined in the Plan) that is not
intended to be governed by Section 422 of the Internal Revenue Code, as amended (the “Code”).

(b) The Exercise Price of the Option is [Insert $ Price]3 per Share.

3. Exercise of Option.

(a) Subject to earlier forfeiture of the Option as set forth below and in the Plan, the Option
shall fully vest on the first anniversary of the Grant Date and may be exercised by the Recipient
at any time and from time to time thereafter.

(b) In the event that the Recipient ceases to be a member of the Board prior to the vesting of
the Option, the Option shall be forfeited.

(c) Notwithstanding any other provision of this Agreement or the Plan, the Option may not be
exercised unless, at the date of exercise, (i) a registration statement under the Securities Act of
1933, as amended, relating to the Shares covered by the Option shall be in effect or (ii) an
exemption from registration is applicable to the Shares in the opinion of counsel for the Company.

4. Termination of Option. Except as otherwise provided herein, the Option shall
terminate upon the expiration of 10 years from the Grant Date.

 

	 	 	 
	1	 	This form is for non-employee Directors only.
	 
	2	 	The date on which the Option evidenced hereby was
granted.
	 
	3	 	The Fair Market Value per share on the Grant Date.

 

 

 

5. Rights Prior to Exercise of Option. The Recipient shall have no rights as a
stockholder with respect to the Shares subject to the Option until the exercise of his or her
rights hereunder and the issuance and delivery to Recipient of a certificate or certificates
evidencing such Shares.

6. Miscellaneous.

(a) No Representations or Warranties. Neither the Company nor the Committee nor any
of their representatives or agents has made any representations or warranties to the Recipient with
respect to the income tax or other consequences of the transactions contemplated by this Agreement,
and the Recipient is in no manner relying on the Company, the Committee or any of their
representatives or agents for an assessment of such tax or other consequences.

(b) Investment. The Recipient hereby agrees and represents that the Option and any
purchase of the Shares under the Option is for the Recipient’s own account for investment purposes
only and not with a view of resale or distribution unless such Shares acquired pursuant to the
Option are registered under the Securities Act of 1933, as amended.

(c) Stock Issuance. The exercise by the Recipient of the Option granted herein will
not become final nor will Shares be issued pursuant thereto unless such exercise fully complies
with the requirements of the Plan and all applicable Federal, state and local laws.

(d) Necessary Acts. The Recipient and the Company hereby agree to perform any further
acts and to execute and deliver any documents that may be reasonably necessary to carry out the
provisions of this Agreement.

(e) No Transfer. The Option may not be assigned, encumbered or transferred, except by
will or the laws of descent and distribution in the event of death of the Recipient or pursuant to
a qualified domestic relations order pursuant to the Code or the Employee Retirement Security Act
of 1974, as amended.

(f) Severability. The provisions of this Agreement are severable and if any one or
more provisions may be determined to be illegal or otherwise unenforceable, in whole or in part,
the remaining provisions, and any partially enforceable provision to the extent enforceable in any
jurisdiction, shall nevertheless be binding and enforceable.

(g) Waiver. The waiver by the Company of a breach of any provision of this Agreement
by the Recipient shall not operate or be construed as a waiver of any subsequent breach by the
Recipient.

(h) Binding Effect; Applicable Law. This Agreement shall bind and inure to the
benefit of the Company and its successors and assigns, and the Recipient and any heir, legatee,
legal representative or other permitted assignee of the Recipient. This Agreement shall be
interpreted under, governed by and construed in accordance with the laws of the State of Louisiana.

(i) Administration. The authority to manage and control the operation and
administration of this Agreement shall be vested in the Committee, and the Committee shall have all
powers with respect to this Agreement as it has with respect to the Plan. Any interpretation of
the Agreement by the Committee and any decision made by it with respect to the Agreement are final
and binding.

(j) Amendment. This Agreement may be amended by written agreement of the Recipient
and the Company, without the consent of any other person.

 

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IN WITNESS WHEREOF, the parties to this Agreement have executed this Agreement effective as of the
date first above written.

	 	 	 	 	 	 	 
	 	 	COMPANY:	 	 
	 
	 	 	 	 	 	 
	 	 	THE SHAW GROUP INC.	 	 
	 
	 	 	 	 	 	 
	 	 	/s/ Dirk J. Wild	 	 
	 	 	 	 	 
	 	 	Dirk J. Wild	 	 
	 	 	Senior Vice President and	 	 
	 	 	Chief Human Resources Officer	 	 
	 
	 	 	 	 	 	 
	 	 	RECIPIENT:	 	 
	 
	 	 	 	 	 	 
	 	 	 	 	 
	 	 	 	 	 
	 	 	[Insert Recipient’s Name]	 	 

 

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