Document:

<PAGE>

                                                               EXHIBIT 10(iii)49

                              THE IT GROUP, INC.
                     RESTRICTED STOCK AND ESCROW AGRREMENT

         This RESTRICTED STOCK AND ESCROW AGREEMENT (This "Agreement") is
entered into as of January 2, 2001 by and between a Delaware corporation (the
"Company"), and _________________________ ("Employee").

                                   RECITALS

         WHEREAS, the Company has adopted the 1996 Stock Incentive Plan (the
"Plan") under which eligible employees may be issued an award (the "Restricted
Stock Award") to purchase restricted shares of Common Stock, $.01 par value, of
the Company (the "Common Stock") on the terms and conditions set forth herein;
and

         WHEREAS, the Compensation Committee of the Board of Directors, has
determined that its interests will be advanced by the issuance to the Employee
of a restricted stock award which is not issued under any plan but which for all
purposes of interpretation and administration shall be treated as if granted
under the Plan; and

         WHEREAS, these awards were not granted under any plan but for all
purposes of interpretation and administration shall be treated as if granted
under the Plan, and capitalized terms used and not otherwise defined herein
shall have the meanings ascribed to them in the Plan (as such term is
hereinafter defined).

         NOW THEREFORE, by executing this Restricted Stock and Escrow Agreement
and for and in consideration of these premises, Employee agrees that this
Agreement shall be treated, interpreted and administered as if granted under the
Plan, that all terms not defined in this Agreement shall have the meaning
provided for under the Plan and, Employee further agrees as follows:

                                   AGREEMENT

         NOW, THEREFORE, in consideration of the foregoing and of the mutual
covenants set forth herein and other good and valuable consideration, the
receipt of which is hereby acknowledged, the parties hereto hereby agree as
follows:

         1.  Grant Restricted Stock
             ----------------------
             The Company hereby grants to Employee, and Employee hereby acquires
             from the Company ___________ shares of restricted Common Stock (the
             "Shares").
<PAGE>

         2.  Deposit of Certificate
             ----------------------
             Concurrently with the execution hereof, Employee consents to the
             delivery to the Company, to be held in escrow by the Company, of
             the certificate or certificates evidencing the Shares and agrees to
             execute and deliver to the Company undated stock powers and other
             instruments of transfer duly executed in favor of the Company by
             Employee. Employee acknowledges that the certificates evidencing
             the Shares may have affixed a legend including in the form of
             Exhibit A hereto.

         3.  Vesting
             -------
             Subject to earlier vesting pursuant to Paragraph 4(c) or Paragraph
             11 hereof, the Shares shall be subject to the restrictions set
             forth in Paragraph 4 hereof until the Shares fully vest. Twenty-
             five (25%) percent of the Shares awarded shall vest and the
             restrictions thereon shall terminate January 2 each year through
             ____, commencing January 2, ____.

             The period during which some or all of the Shares are subject to
             such restrictions is referred to as the "Restricted Term."

         4.  Restrictions on Transfer; Repurchase of Restricted Stock
             --------------------------------------------------------
             (a)    During the Restricted Term, the Shares may not be sold,
                    assigned, transferred, hypothecated or otherwise disposed of
                    or encumbered, other than by will or by the laws of descent
                    and distribution, and are subject to forfeiture to the
                    Company as set forth herein.

             (b)    In the event of the termination of the employment of
                    Employee with the Company or any subsidiary of the Company
                    for any reason other than those contemplated by Paragraph
                    4(c), unless the Restricted Term has expired prior to such
                    termination of employment, the Shares shall be forfeited to
                    the Company for consideration and Employee shall
                    automatically cease to have any rights in and to the Shares.

             (c)    If Employee (i) ceases to be an employee of the Company due
                    to his retirement in accordance with the Company's then
                    applicable retirement policy and practices or (ii) shall
                    have a Permanent Disability or die while an employee of the
                    Company, the conditions imposed on the Shares related to
                    continuous employment of the Employee set forth in Paragraph
                    3 shall be deemed to have been satisfied. Any unvested
                    Shares shall thereafter vest and the restrictions thereon
                    shall terminate. "Permanent Disability" shall mean the
                    inability in engage in any substantial gainful activity by
                    reason of any medically determinable physical or mental
                    impairment which can be expected to result in death or which
                    has lasted or can be expected to last for a continuous
                    period of not less than twelve (12) months. Employee shall
                    not be deemed to have a Permanent Disability until proof of
                    the existence thereof shall have been furnished to the
                    Committee (as such term is defined in Paragraph 7
                    hereinafter) in such
<PAGE>

                    form and manner, and at such times, as the Committee may
                    require. Any determination by the Committee that Employee
                    does or does not have a Permanent Disability shall be final
                    and binding upon the Company and Employee.

         5.  Voting and Other Rights
             -----------------------
             During the Restricted Term, Employee shall, except as otherwise
             provided herein, have all the rights of a stockholder with respect
             to all of the Shares, including, without limitation, the right to
             vote such Shares and the right to receive all dividends or other
             distributions, if any, with respect to such Shares.

         6.  Delivery of Certificates
             ------------------------
             Upon the termination of the Restricted Term, the Company shall
             deliver to Employee all stock certificates and related instruments
             of transfer evidencing the Shares vested pursuant to Paragraph 3
             and all restrictions set forth in Paragraph 4 hereof with respect
             to such Shares shall terminate.

         7.  Administration
             --------------
             This Agreement and the Shares shall be administered by the
             Compensation Committee of the Board of Directors of the Company
             (the "Committee"). Subject to the provisions of the Plan, the
             Committee shall be authorized and empowered to do all things
             necessary or desirable in connection with the administration of
             this Agreement, including, without limitation, the following:

             (i)    adopt, amend and rescind rules and regulations relating to
                    the Agreement;

             (ii)   determine whether, and the extent to which, adjustments are
                    required pursuant to Paragraph 9 hereof; and

             (iii)  interpret and construe the Agreement.

         8.  Effect on Participant's Continued Employment
             --------------------------------------------
             Employee's right, if any, to continue to serve the Company and its
             subsidiaries as an officer or employee shall not be enlarged or
             otherwise affected by the Restricted Stock Award, nor shall such
             grant in any way restrict the right of the Company or any of its
             subsidiaries to terminate Employee's employment at any time.

         9.  Adjustments in Stock
             --------------------
             If the outstanding securities of the class then subject to this
             Agreement are increased, decreased or exchanged for or converted
             into cash, property or a different number or kind of securities, or
             if cash, property or securities are distributed in respect of such
             outstanding securities, in either case as a result of a
             reorganization, merger, consolidation, recapitalization,
             restructuring, reclassification, dividend (other than a regular,
             quarterly cash dividend) or other distribution, stock split,
             reverse stock split, spin-off or the like, subject to other
             provisions of the Agreement, or if substantially all of the
             property and assets of the Company are sold, then, unless the terms
             of such transaction shall provide
<PAGE>

             otherwise, the Committee shall make appropriate and proportionate
             adjustments to the Shares.

         10. Payment of Withholding Taxes
             ----------------------------
             If the Company becomes obligated to withhold an amount (the
             "Withholding Amount") on account of any federal, state or local tax
             imposed as a result of the grant of the Shares to Employee pursuant
             to this Agreement or the expiration of the Restricted Term,
             including, without limitation, any federal, state or other income
             tax, or any F.I.C.A., state disability insurance tax or other
             employment tax, then, (a) if employee is not subject to the
             reporting requirements of Section 16 of the Securities Exchange Act
             of 1934 (the "Exchange Act"), then at the election of Employee,
             Employee shall either (i) deliver to the Company Shares necessary
             to equal the Withholding Amount when valued at the closing market
             price on the New York Stock Exchange ("NYSE) on the trading day
             preceding the withholding date (or if the Shares are not listed on
             NYSE, the closing market price on a national securities exchange on
             which Common Stock of the Company is listed on the trading day
             preceding the withholding date) rather than at the Formula Price,
             or (ii) pay the Withholding Amount to the Company in cash or by
             cashier's or certified bank check payable to the Company. If
             Employee is required to file reports pursuant to Section 16(a) of
             the Exchange Act and the rules and regulations promulgated
             thereunder, then the Withholding Amount shall be required to be
             satisfied by the method set forth in clause (i) of this Paragraph
             10, and the use of such method shall be deemed to have been
             approved by the Committee without any specific action or election
             by Employee.

         11. Change of Control and Other Terminating Events
             ----------------------------------------------

             (a)    All restrictions upon the Shares hereunder shall terminate
                    immediately prior to a Change of Control (as hereinafter
                    defined), provided that no such termination shall occur (i)
                    in the case of Change of Control of the type described in
                    Paragraphs 11(b)(ii) or 11(b)(iii) below, if a two-thirds
                    majority of the Company's Board of Directors affirmatively
                    recommends such Change of Control to the Company's
                    stockholders, or (ii) in the case of Change in Control of
                    the type described in Paragraph 11(b)(i) or 11(b)(v) below,
                    if a two-thirds majority of the Company's Board of Directors
                    approves such Change in Control.

             (b)    "Change in Control" shall mean the first to occur of the
                    following events:

                    (i)    the Directors of the Company who were nominated by
                           the Board of Directors for election as Directors
                           cease to constitute a majority of the Directors of
                           the Company;

                    (ii)   a reorganization, merger or consolidation of the
                           Company, the consummation of which results in the
                           outstanding securities of any class then subject to
                           this Agreement being exchanged for
<PAGE>

                           or converted into cash, property or securities not
                           issued by the Company;

                    (iii)  the acquisition of substantially all of the property
                           and assets of the Company by any person or entity;

                    (iv)   the dissolution or liquidation of the Company; or

                    (v)    the first public announcement that any person or
                           entity, together with all Affiliates and Associates
                           (as such terms are defined in Rule 12b-2 promulgated
                           under the Exchange Act) of such person or entity,
                           shall have become the Beneficial Owner (as defined in
                           Rule 13d-3 promulgated under the Exchange Act) of
                           voting securities of the Company representing 35% or
                           more of the voting power of the Company; provided,
                           however, that the terms "person" and "entity," as
                           used in this subsection (v), shall not include (x)
                           the Company, any of its subsidiaries, or The Carlyle
                           Group or its affiliates, (y) any employee benefit
                           plan of the Company or any of its subsidiaries or (z)
                           any entity holding voting securities of the Company
                           for or pursuant to the terms of any such plan.

         12. Notice
             ------
             Any notice to be given to the Company shall be addressed to the
             Company in care of its Secretary at its principal office, or such
             other address as the Company may hereinafter designate in writing
             to Employee, and any notice to be given to the Employee shall be
             addressed to him or her at the address given beneath his or her
             signature hereto, or at such other address as Employee may
             hereafter designate in writing to the Company. Any such notice
             shall have been duly given when enclosed as aforesaid, registered
             or certified, and deposited, postage and registration or
             certification fee prepaid, in a post office or branch post office
             regularly maintained by the United States Government.

         13. Authority
             ---------
             This Agreement and the Shares are subject to all of the terms and
             conditions of the Plan as the same shall be amended from time to
             time in accordance with the terms thereof, but no such amendment
             shall adversely affect the Employee's rights under this Agreement.
<PAGE>

         14. Laws Applicable to Construction
             -------------------------------
             This Agreement has been executed and delivered the day and year
             first above written at Pittsburgh, Pennsylvania, and this Agreement
             shall be construed and enforced in accordance with the laws of the
             State of Delaware.

IN WITNESS WHEREOF, the Company has caused this Agreement to be executed by its
duly authorized representative, and the Employee has hereunto set his or her
hand on the day and year first above written.

THE IT GROUP, INC.                          EMPLOYEE:

By:  ___________________________            ______________________________

Title: _________________________            ______________________________

                                            ______________________________

                                            ______________________________

                                            The undersigned spouse of the
                                            Employee hereby consents to the
                                            terms and provisions of this
                                            Restricted Stock Agreement as of
                                            the day and year first above
                                            written.

                                            ______________________________
                                            (Spouse)
<PAGE>

                                   EXHIBIT A

          The securities represented by this Certificate are subject to the
terms and provisions, including certain restrictions on transfer and
encumbrance, of that certain Restricted Stock and Escrow Agreement dated as of
_____________, by and between The IT Group, Inc., a Delaware corporation (the
"Company"), and the holder of the shares of common stock represented by this
Certificate, a copy of which is available for inspection at the executive
offices of the Company.<PAGE>   1
                                                                    Exhibit 10.5

                              EMPLOYMENT AGREEMENT

                  EMPLOYMENT  AGREEMENT  dated  as  of  January 1, 2001, by and
between  SPECTRASITE  COMMUNICATIONS,  INC.,  a  Delaware  corporation (the
"Company"), and Timothy G. Biltz (the "Employee").
                              W I T N E S S E T H:

                  WHEREAS  the Company  desires to induce the  Employee to enter
into employment with the Company for the period provided in this Agreement,  and
the  Employee  is  willing  to accept  such  employment  with the  Company  on a
full-time  basis,  all in  accordance  with the terms and  conditions  set forth
below;

                  NOW,  THEREFORE,  for  and in  consideration  of the  premises
hereof and the mutual  covenants  contained  herein,  the parties  hereto hereby
covenant and agree as follows:

                  1.  Employment.  (a) The Company  hereby  agrees to employ the
Employee,  and the Employee  hereby  agrees to accept such  employment  with the
Company, beginning January 1, 2001 (the "Effective Date") and continuing for the
period  set  forth in  Section  2  hereof,  all upon the  terms  and  conditions
hereinafter set forth.

                  (b)  The  Employee  affirms  and  represents  that  as of  the
commencement  of his  employment by the Company on the Effective Date he will be
under no  obligation  to any former  employer or other party which is in any way
inconsistent  with,  or which  imposes  any  restriction  upon,  the  Employee's
acceptance  of  employment  hereunder  with the Company,  the  employment of the
Employee by the Company, or the Employee's undertakings under this Agreement.

                  2.  Term of Employment.  (a)   Unless  earlier  terminated as
provided in this  Agreement,  the term of the Employee's  employment  under this
Agreement  shall be for a period  beginning on the Effective  Date and ending on
the fifth anniversary of the Effective Date (the "Initial Term").

                  (b) The term of the Employee's employment under this Agreement
shall be  automatically  renewed for additional  one-year terms (each a "Renewal
Term") upon the  expiration  of the Initial  Term or any Renewal Term unless the
Company or the  Employee  delivers to the other,  at least one year prior to the
expiration of the Initial Term or the then current Renewal Term, as the case may
be, a written notice specifying that the term of the Employee's  employment will
not be renewed at the end of the Initial Term or such Renewal  Term, as the case
may be. The period from the Effective  Date until the fifth  anniversary of said
date or,  in the event  that the  Employee's  employment  hereunder  is  earlier
terminated as provided  herein or renewed as provided in this Section 2(b), such
shorter  or  longer  period,  as the  case may be,  is  hereinafter  called  the
"Employment Term".

                  3. Duties.  The Employee shall be employed as Chief  Operating
Officer of the Company,  shall faithfully and competently perform such duties as
inhere in such  position and as are  specified in the By-laws of the Company and
shall also perform and  discharge  such other  executive  employment  duties and
responsibilities  as the Chief  Executive  Officer or Board of  Directors of the
<PAGE>   2

Company shall from time to time determine. The Employee shall perform his duties
principally  at the offices of the Company in Cary,  North  Carolina,  with such
travel to such other  locations  from time to time as the Company may reasonably
prescribe. Except as may otherwise be approved in advance by the Chief Executive
Officer or Board of Directors of the Company, and except during vacation periods
and  reasonable  periods of absence due to  sickness,  personal  injury or other
disability,  the Employee  shall devote his full  business time  throughout  the
Employment  Term to the services  required of him hereunder.  The Employee shall
render his business  services  exclusively  to the Company and its  subsidiaries
during the Employment  Term and shall use his best efforts,  judgment and energy
to improve  and  advance  the  business  and  interests  of the  Company and its
subsidiaries  in a manner  consistent  with the duties of his position.  Nothing
contained in this Section 3 shall preclude the Employee from performing services
for charitable or  not-for-profit  community  organizations,  provided that such
activities do not interfere  with the  Employee's  performance of his duties and
responsibilities under this Agreement.

                  4.  Salary and Bonus.  (a)  Salary.  As  compensation  for the
performance  by the  Employee of the  services to be  performed  by the Employee
hereunder  during the Employment Term, the Company shall pay the Employee a base
salary at the annual rate of Three Hundred  Thousand Dollars  ($300,000),  which
shall  be  reviewed  as of each  anniversary  of the  Effective  Date and may be
increased by the Company in its sole discretion (said amount,  together with any
increases  thereto  as may be  determined  from  time to  time by the  executive
officers of the Company in their sole discretion,  being hereinafter referred to
as "Salary"). Any Salary payable hereunder shall be paid in regular intervals in
accordance with the Company's payroll practices from time to time in effect.

                  (b) Bonus.  The  Employee  shall be eligible to receive  bonus
compensation from the Company of up to Three Hundred Thousand Dollars ($300,000)
in  respect  of each  fiscal  year (or  portion  thereof)  occurring  during the
Employment  Term in accordance  with the Company's  management  bonus plan as in
effect  from  time to time,  in each case as may be  determined  by the Board of
Directors   of  the   Company   in  its  sole   discretion   on  the   basis  of
performance-based  criteria to be established  from time to time by the Board of
Directors in its sole  discretion and  communicated  to you prior to or within a
reasonable period after the commencement of each fiscal year.

                  5.  Other Benefits.  During the Employment Term, the Employee
shall:

                  (a) be eligible to participate in employee fringe benefits and
pension  and/or profit sharing plans that may be provided by the Company for its
senior executive  employees in accordance with the provisions of any such plans,
as the same may be in effect from time to time;

                  (b) be eligible to participate in any medical and health plans
or other employee  welfare benefit plans that may be provided by the Company for
its senior  executive  employees in accordance  with the  provisions of any such
plans, as the same may be in effect from time to time;

                  (c) be  entitled to the number of paid  vacation  days in each
calendar  year  determined  by the  Company  from  time to time  for its  senior
executive  officers,  provided  that such number of paid  vacation  days in each

                                      -2-
<PAGE>   3

calendar year shall not be less than Twenty work days (Four calendar weeks); the
Employee shall also be entitled to all paid holidays given by the Company to its
senior executive officers;

                  (d) be eligible for consideration by the Board of Directors of
the Company for awards of stock options under any stock option plan which may be
established  by the Company for its and its  subsidiaries'  key  employees,  the
amount,  if any, of shares for which options may be granted to Employee to be in
the sole discretion of the Board of Directors of the Company;

                  (e) be  entitled  to  sick  leave,  sick  pay  and  disability
benefits in accordance  with any Company policy that may be applicable to senior
executive employees from time to time;

                  (f) be  entitled  to  reimbursement  for  all  reasonable  and
necessary  out-of-pocket  business  expenses  incurred  by the  Employee  in the
performance  of his duties  hereunder in accordance  with the  Company's  normal
policies from time to time in effect (including, without limitation,  relocation
expenses); and

                  (g)      be entitled to use of an automobile or an automobile
allowance consistent with that provided by the Company to its senior management.

                  6.  Confidential Information.  The Employee hereby covenants,
agrees and acknowledges as follows:

                  (a)  The  Employee  has  and  will  have  access  to and  will
participate  in  the  development  of  or be  acquainted  with  confidential  or
proprietary information and trade secrets related to the business of the Company
and  any  present  or  future   subsidiaries   or   affiliates  of  the  Company
(collectively with the Company,  the "Companies"),  including but not limited to
(i) customer lists;  claims  histories,  adjustments and settlements and related
records and compilations of information;  the identity, lists or descriptions of
any new customers, referral sources or organizations; financial statements; cost
reports  or  other  financial   information;   contract   proposals  or  bidding
information;  business  plans;  training  and  operations  methods and  manuals;
personnel records; software programs; reports and correspondence; and management
systems,  policies or  procedures,  including  related  forms and manuals;  (ii)
information  pertaining  to  future  developments  such as future  marketing  or
acquisition  plans  or  ideas,  and  potential  new  business  locations;  (iii)
confidential  or  non-public  information  relating to business  operations  and
strategic  plans  of third  parties  with  which  the  Companies  have or may be
assessing commercial arrangements, including, without limitation, site build and
deployment  plans and  schedules,  search ring and site  locations  or potential
locations,   actual  or  projected   wireless  system  subscribers  and  capital
expenditures and operating cost information ("Third Party Information") and (iv)
all other tangible and intangible  property,  which are used in the business and
operations  of the  Companies  but not made public.  The  information  and trade
secrets  relating  to  the  business  of  the  Companies  described  hereinabove
(including  Third  Party  Information)  in this  paragraph  (a) are  hereinafter
referred to collectively as the  "Confidential  Information",  provided that the
term  Confidential  Information shall not include any information (x) that is or
becomes  generally  publicly  available  (other than as a result of violation of
this  Agreement  by  the  Employee),   (y)  that  the  Employee  receives  on  a
nonconfidential  basis  from  a  source  (other  than  the  Companies  or  their
representatives)  or,  in the case of  Third  Party  Information,  from a source

                                      -3-
<PAGE>   4

(other than the Companies,  the third parties to which such information  relates
or their respective  representatives) that is not known by him to be bound by an
obligation of secrecy or  confidentiality to any of the Companies (or such third
parties,  in the  case  of  Third  Party  Information)  or (z)  that  was in the
possession  of the Employee  prior to disclosure by the Companies (or such third
parties, in the case of Third Party Information).

                  (b) The Employee shall not disclose, use or make known for his
or  another's  benefit any  Confidential  Information  or use such  Confidential
Information  in any way except as is in the best  interests of the  Companies in
the performance of the Employee's duties under this Agreement.  The Employee may
disclose Confidential  Information when required by a third party and applicable
law or  judicial  process,  but only  after  providing  immediate  notice to the
Company at any third party's  request for such  information,  which notice shall
include the Employee's intent with respect to such request.

                  (c) The Employee  acknowledges and agrees that a remedy at law
for any breach or threatened breach of the provisions of this Section 6 would be
inadequate  and,  there  fore,  agrees that the  Companies  shall be entitled to
injunctive relief in addition to any other available rights and remedies in case
of any such breach or threatened breach by the Employee (and the Employee hereby
(i) waives to the extent permitted by law any requirement  that, and (ii) agrees
not to request that,  any of the Companies  provide a bond or other  security in
connection with the issuance of any such injunction);  provided,  however,  that
nothing  contained  herein shall be construed as prohibiting  the Companies from
pursuing  any  other  rights  and  remedies  available  for any such  breach  or
threatened breach.

                  (d)  The  Employee   agrees  that  upon   termination  of  his
employment with the Company for any reason,  the Employee shall forthwith return
to  the  Company  all  Confidential  Information  in  whatever  form  maintained
(including, without limitation, computer discs and other electronic media).

                  (e) The  obligations  of the  Employee  under  this  Section 6
shall,  except as otherwise  provided  herein,  survive the  termination  of the
Employment Term and the expiration or termination of this Agreement.

                  (f) Without limiting the generality of Section 10 hereof,  the
Employee hereby expressly agrees that the foregoing provisions of this Section 6
shall  be   binding   upon  the   Employee's   heirs,   successors   and   legal
representatives.

                  7.  Termination.  (a)  The Employee's employment hereunder
shall be terminated upon the occurrence of any of the following:

         (i)      death of the Employee;

         (ii) the Employee's inability to perform the essential functions of his
         position on account of  disability  or  incapacity  for a period of one
         hundred eighty (180) or more days,  whether or not consecutive,  within
         any period of twelve (12) consecutive months;

         (iii) the Company giving written  notice,  at any time, to the Employee
         that the  Employee's  employment  is being  terminated  "for cause" (as
         defined below);

                                      -4-
<PAGE>   5

         (iv) the Company  giving written  notice,  at any time, to the Employee
         that the Employee's  employment is being terminated other than pursuant
         to clause (i), (ii) or (iii) above; or

         (v)  the Employee  terminates his  employment  hereunder for any reason
          whatsoever   (whether  by  reason  of   retirement,   resignation   or
          otherwise).

                  The following actions, failures and events by or affecting the
Employee shall constitute  "cause" for termination  within the meaning of clause
(iii) above:  (A) a conviction  of the Employee of, or the entering of a plea of
nolo contendere by the Employee with respect to, a felony, (B) dependence on, or
habitual  abuse of,  controlled  substances  or alcohol  (in the case of alcohol
abuse,  that has a material  adverse  effect on  Employee's  performance  of his
obligations under this Agreement) or acts of dishonesty by the Employee that are
materially  detrimental to one or more of the Companies,  (C) willful misconduct
by the  Employee  that  materially  damages  the  business of one or more of the
Companies,  (D) gross  negligence  by the  Employee  in the  performance  of, or
willful  disregard  by the  Employee  of, his  material  obligations  under this
Agreement or otherwise  relating to his  employment,  which gross  negligence or
willful disregard  continues  unremedied for a period of fifteen (15) days after
written  notice  thereof to the  Employee or (E) failure by the Employee to obey
the reasonable and lawful orders and policies of the Board of Directors that are
material to and consistent with the provisions of this Agreement (provided that,
in the case of an indictment  described in clause (A) above,  and in the case of
clauses (B), (C) and (E) above,  the Employee shall have received written notice
of such  proposed  termination  (which  notice  shall state the Sections of this
Agreement pursuant to which such termination is being effected and a description
of the facts supporting such termination) and a reasonable opportunity (together
with the  Employee's  counsel) to discuss the matter with the Board of Directors
of the Company,  followed by a notice that the Board of Directors of the Company
adheres to its position).

                  (b) In the event  that the  Employee's  employment  terminates
pursuant  to clause (i) or (ii) of Section  7(a) above or is  terminated  by the
Company  pursuant  to clause  (iv) of Section  7(a)  above,  whether  during the
Initial Term or during any Renewal Term pursuant to Section 2(b) above, then (i)
during the period  beginning on the date of such  termination  and ending on the
last day of the  Applicable  Period (as  defined in Section  9(a)),  the Company
shall pay to the  Employee,  as  severance  pay or  liquidated  damages or both,
monthly payments equal to one-twelfth of (x) the rate per annum of his Salary at
the time of such termination plus (y) the average  annualized bonus the Employee
was paid by the Company for the fiscal years  during the term of this  Agreement
ending prior to the date of such termination,  provided,  however,  that no such
payments  shall be required to be made if the Employee  fails to comply with his
obligations  under Section 9 below;  (ii) the Company shall  continue to provide
the Employee with the health insurance  benefits  provided to other employees of
the Company (including employer contributions) from the date of such termination
until the earlier to occur of (x) the last day of the  Applicable  Period or (y)
the date upon which the Employee  becomes eligible for coverage under the health

                                      -5-
<PAGE>   6

insurance  plan of another  employer  and (iii) the Options held by the Employee
that  are  vested  as of the  date  of such  termination  shall  continue  to be
exercisable  by the  Employee  until the earlier to occur of (x) the last day of
the  Applicable  Period  or (y)  the  expiration  of the ten  year  term of such
Options.

                  (c)  Notwithstanding  anything to the  contrary  expressed  or
implied herein,  except as required by applicable law and except as set forth in
Section 7(b) above,  the Company (and its affiliates)  shall not be obligated to
make any payments to the Employee or on his behalf of whatever kind or nature by
reason of the Employee's cessation of employment (including, without limitation,
by reason of  termination  of the  Employee's  employment  by the  Company's for
"cause"),  other  than (i) such  amounts,  if any,  of his  Salary as shall have
accrued and remained unpaid as of the date of said cessation and (ii) such other
amounts, if any, which may be then otherwise payable to the Employee pursuant to
the terms of the Company's benefits plans.

                  (d) No interest shall accrue on or be paid with respect to any
portion of any payments hereunder.

                  (e) The  Employee's  rights under  Section 7(b) above shall be
considered  severance pay in  consideration  of the employee's past services and
the Employee's continued service to the Company from the Effective Date, and the
Employee's entitlement thereto shall neither be governed by any duty to mitigate
the  Employee's  damages  by  seeking  further  employment  nor  offset  by  any
compensation the Employee may receive from employment  following his termination
of employment with the Company.

                  8. Non-Assignability. (a) Neither this Agreement nor any right
or interest  hereunder shall be assignable by the Employee or his  beneficiaries
or legal representatives without the Company's prior written consent;  provided,
however,  that  nothing in this Section  8(a) shall  preclude the Employee  from
designating  a beneficiary  to receive any benefit  payable  hereunder  upon his
death or  incapacity.  The Company may assign all of its rights and  obligations
under this Agreement to (i) any person or entity  acquiring the principal assets
used and useful in the  operation  of the Company or (ii) any  affiliate  of the
Company in connection with the reorganization of the Company and its affiliates;
and, in the event of such an assignment, each reference in this Agreement to the
Company shall include the assignee from and after the date of such assignment.

                  (b) Except as required  by 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 exclusion,
attachment,  levy or similar  process or to  assignment by operation of law, and
any attempt, voluntary or involuntary,  to effect any such action shall be null,
void and of no effect.

                  9.  Restrictive Covenants.

                  (a)  Competition.  During the  Employment  Term and during the
Applicable  Period  (as  defined  below),  the  Employee  will not  directly  or
indirectly (as a director,  officer,  executive employee,  manager,  consultant,
independent contractor, advisor or otherwise) engage in competition with, or own
any interest in,  perform any services for,  participate in or be connected with
any  business  or  organization  which  engages in  competition  with any of the
Companies in the United  States  within the meaning of Section  9(d),  provided,

                                      -6-
<PAGE>   7

however,  that the  provisions  of this  Section  9(a)  shall  not be  deemed to
prohibit the  Employee's  (i) ownership of not more than two percent (2%) of the
total shares of all classes of stock  outstanding  of any publicly held company,
or (ii)  ownership,  whether  through  direct  or  indirect  stock  holdings  or
otherwise,  of not more than one percent  (1%) of any other  business;  or (iii)
being employed by a wireless  telecommunications  services  provider  during the
Applicable Period. For purposes of this Agreement, the "Applicable Period" shall
mean  the  twenty-four  (24)  month  period  following  the  termination  of the
Employee's employment hereunder for any reason whatsoever.

                  (b)  Non-Solicitation.  During the Employment  Term and during
the Applicable  Period,  the Employee will not directly or indirectly  induce or
attempt to induce any  management  employee of any of the Companies to leave the
employ of the Company or such  subsidiary or affiliate,  or in any way interfere
with the relationship between any of the Companies and any employee thereof.

                  (c)  Non-Interference.  During the Employment  Term and during
the  Applicable  Period,  the  Employee  will not directly or  indirectly  hire,
engage, send any work to, place orders with, or in any manner be associated with
any supplier, contractor, subcontractor or other business relation of any of the
Companies if such action would be known by him to have a material adverse effect
on the  business,  assets or  financial  condition  of any of the  Companies  or
materially interfere with the relationship between any such person or entity and
any of the Companies.

                  (d)  Certain Definitions.

         (i) For  purposes  of this  Section  9, a person or entity  (including,
         without limitation, the Employee) shall be deemed to be a competitor of
         one or more of the Companies, or a person or entity (including, without
         limitation, the Employee) shall be deemed to be engaging in competition
         with one or more of the Companies,  if such person or entity either (A)
         engages in the business of acquiring or constructing towers for telecom
         carriers or operators or (B) engages in any other  business  engaged in
         by  the  Companies  at  the  time  of  termination  of  the  Employee's
         employment   with  the   Company  and  for  which  the   Employee   had
         responsibility  or  authority  or about  which  business  the  Employee
         received  Confidential  Information;  in either case in the  geographic
         region  encompassing  the service  areas in which any of the  Companies
         conduct,  or  had  an  established  plan  to  begin  conducting,  their
         businesses at the time of termination of the Employee's employment with
         the Company.

         (ii) For purposes of this Section 9, no  corporation or entity that may
         be deemed to be an affiliate of the  Companies  solely by reason of its
         being  controlled  by, or under common  control  with,  Welsh,  Carson,
         Anderson & Stowe VIII, L.P. or any of their respective affiliates other
         than the Companies, will be deemed to be an affiliate of the Companies.

                  (e) Certain  Representations  of the  Employee.  In connection
with the foregoing  provisions of this Section 9, the Employee  represents  that
his experience,  capabilities  and  circumstances  are such that such provisions
will not prevent him from earning a livelihood. The Employee further agrees that
the limitations set forth in this Section 9 (including, without limitation, time
and  territorial  limitations)  are  reasonable  and  properly  required for the

                                      -7-
<PAGE>   8

adequate protection of the current and future businesses of the Companies. It is
understood  and agreed that the covenants made by the Employee in this Section 9
(and in Section 6 hereof) shall survive the  expiration or  termination  of this
Agreement.

                  (f) Injunctive  Relief.  The Employee  acknowledges and agrees
that a remedy at law for any breach or  threatened  breach of the  provisions of
Section 9 hereof would be inadequate and, therefore, agrees that the Company and
any of its subsidiaries or affiliates shall be entitled to injunctive  relief in
addition to any other available  rights and remedies in cases of any such breach
or threatened breach (and the Employee hereby (i) waives to the extent permitted
by law any  requirement  that,  and (ii) agrees not to request that,  any of the
Companies  provide a bond or other  security in connection  with the issuance of
any such injunction);  provided, however, that nothing contained herein shall be
construed as prohibiting  the Company or any of its affiliates from pursuing any
other rights and remedies available for any such breach or threatened breach.

                  10. Binding Effect. Without limiting or diminishing the effect
of the provisions affecting  assignment of this Agreement,  this Agreement shall
inure to the  benefit  of and be  binding  upon the  parties  hereto  and  their
respective heirs, successors, legal representatives and assigns.

                  11.  Notices.  All notices  which are required or may be given
pursuant  to the  terms of this  Agreement  shall  be in  writing  and  shall be
sufficient  in all  respects if given in writing and (i)  delivered  personally,
(ii) mailed by  certified or  registered  mail,  return  receipt  requested  and
postage prepaid,  (iii) sent via a nationally  recognized  overnight  courier or
(iv) sent via facsimile confirmed in writing to the recipient, if to the Company
at the Company's  principal  place of business,  and if to the Employee,  at his
home address most recently  filed with the Company,  or to such other address or
addresses  as either party shall have  designated  in writing to the other party
hereto, provided,  however, that any notice sent by certified or registered mail
shall be deemed  delivered  on the date of delivery as  evidenced  by the return
receipt.

                  12.  Law Governing.  This Agreement shall be governed by and
construed in accordance with the laws of the State of North Carolina.

                  13.  Severability.  The Employee agrees that in the event that
any court of competent  jurisdiction  shall  finally hold that any  provision of
Section 6 or 9 hereof is void or constitutes an unreasonable restriction against
the Employee,  the  provisions of such Section 6 or 9 shall not be rendered void
but  shall  apply  with  respect  to such  extent as such  court may  judicially
determine constitutes a reasonable  restriction under the circumstances.  If any
part of this Agreement other than Section 6 or 9 is held by a court of competent
jurisdiction to be invalid, illegible or incapable of being enforced in whole or
in part by reason of any rule of law or public policy, such part shall be deemed
to be severed from the  remainder of this  Agreement for the purpose only of the
particular legal  proceedings in question and all other covenants and provisions
of this Agreement shall in every other respect continue in full force and effect
and no covenant or provision  shall be deemed  dependent upon any other covenant
or provision.

                  14. Waiver.  Failure to insist upon strict compliance with any
of the terms,  covenants  or  conditions  hereof shall not be deemed a waiver of

                                      -8-
<PAGE>   9

such term, covenant or condition,  nor shall any waiver or relinquishment of any
right or  power  hereunder  at any one or more  times  be  deemed  a  waiver  or
relinquishment of such right or power at any other time or times.

                  15.  Arbitration.  With the exception of any dispute regarding
the Employee's  compliance  with the  provisions of Sections 6 and 9 above,  any
dispute  relating to or arising out of the provisions of this Agreement shall be
decided by arbitration in Cary, North Carolina, in accordance with the Expedited
Arbitration Rules of the American Arbitration Association then obtaining, unless
the parties  mutually agree otherwise in a writing signed by both parties.  This
undertaking  to  arbitrate  shall  be  specifically  enforceable.  The  decision
rendered by the arbitrator  will be final and judgment may be entered upon it in
accordance with appropriate laws in any court having jurisdiction  thereof. Each
of the  parties  shall  pay his or its  own  legal  fees  associated  with  such
arbitration.

                  16.   Entire   Agreement;    Modifications.   This   Agreement
constitutes the entire and final expression of the agreement of the parties with
respect to the subject matter hereof and supersedes all prior  agreements,  oral
and  written,  between the parties  hereto  with  respect to the subject  matter
hereof.  This  Agreement  may be modified or amended  only by an  instrument  in
writing signed by both parties hereto.

                  17.  Counterparts.  This Agreement  may be executed  in two or
more  counterparts, each of  which shall be deemed an original, but all of which
together shall constitute one and the same instrument.

                  IN WITNESS  WHEREOF,  the Company and the  Employee  have duly
executed  and  delivered  this  Agreement  as of the day and  year  first  above
written.

                                       SPECTRASITE COMMUNICATIONS, INC.

                                       By: /s/ Stephen H. Clark
                                          -------------------------
                                        Name: Stephen H. Clark
                                       Title: President and Chief Executive
                                              Officer

By: /s/ Timothy G. Biltz
  -----------------------------
         Timothy G. Biltz

                                      -9-

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00021-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00021-of-00352.parquet"}]]