Document:

Employment Agreement between MasTec, Inc. and C. Robert Campbell

 Exhibit 10.69 
 EMPLOYMENT AGREEMENT 
 THIS EMPLOYMENT
AGREEMENT (the “Agreement”) is entered into as of August 15, 2009 (the “Effective Date”), by and between MASTEC, INC., a Florida corporation (the “Company”), and C. ROBERT CAMPBELL
(“Employee”). 
 Recitals 
 The Company desires to employ Employee and Employee desires to be employed by the Company on the terms and subject to the conditions set
forth in this Agreement. 
 ACCORDINGLY, in consideration of the mutual covenants and agreements set forth in this Agreement,
and for other good and valuable consideration, the receipt and adequacy of which are acknowledged, the Company and Employee agree as follows: 
 Terms 
 1. Employment. The Company employs Employee
and Employee desires to be employed by the Company on the terms and subject to the conditions set forth in this Agreement. 
 2.
Term. The term of Employee’s employment under this Agreement (“Term”) will be from the Effective Date to and through August 14, 2011, unless earlier terminated in accordance with this Agreement. If the Company
advises the Employee that the Company does not intend to renew or extend Employee’s employment, or if the parties cannot mutually agree to renew or extend Employee’s employment, Employee, on completion of the Term shall be entitled to
severance as set out in the second to last sentence of Section 11(f) herein. 
 3. Duties. 
 a. Position. During the Term, Employee will serve as Executive Vice President and Chief Financial Officer of the Company.
Subject to the direction of the Chief Executive Officer of the Company (“CEO”), Employee will perform all duties commensurate with his position and such other tasks as may be assigned to him by the CEO or the Board of Directors of the
Company (the “Board”). If requested by the Company, Employee will serve as an officer or director of any subsidiary of the Company, without additional compensation, provided, however, that if Employee is asked to serve as a director
of any subsidiary of the Company, Employee may refuse to accept, or resign from, such appointment without causing a breach of this Agreement by Employee. If asked to serve as an officer or director of a subsidiary of the Company, Employee will be
provided those officer and director indemnifications provided to other officers and directors of the company and any such subsidiary. 
 b. Full Time and Attention. During the Term, Employee will devote his full business time and energies to the business and affairs of the Company and will use his best efforts, skills and abilities solely to promote the
interests of the Company and to diligently and competently perform his duties, all in a manner in compliance with all applicable laws and regulations and in accordance with applicable policies and procedures adopted or amended from time to time by
the Company, including, without limitation, the 2007 Employee Handbook, a copy of which Employee acknowledges having received. Notwithstanding the foregoing, Employee may serve as a director on two and not more than two boards of directors of
other companies, so long as such service does not interfere with Employee’s performance of Employee’s duties to the Company. Employee’s primary place of employment shall be at the Company’s primary place of business in Miami-Dade
County, Florida; however, Employee agrees and acknowledges that a material part of the time devoted to his duties and position hereunder will require that Employee travel on behalf of the Company. 
 4. Compensation and Benefits. 
 a. Base Salary. During the Term, Employee will be paid, as compensation for services rendered pursuant to this Agreement and Employee’s observance and performance of all of the
provisions of this Agreement, the amount of Four Hundred Thousand and No/100 Dollars ($400,000.00) per annum (the “Base Salary”). The Base Salary will be payable in accordance with the normal payroll procedures of the Company as in
effect from time to time. 

 b. Benefits. During the Term, Employee will be entitled to participate in or
benefit from, in accordance with the eligibility and other provisions thereof, such life, health, medical, accident, dental and disability insurance and such other benefit plans as the Company may make generally available to, or have in effect for,
other employees of the Company at the same general level as Employee. The Company retains the right to terminate or amend any such plans from time to time in its sole discretion. Employee shall also be entitled to the use of a Company provided
automobile until August 14, 2012. 
 c. Performance Bonus. Employee shall be entitled to participate in the
Company’s bonus plan for senior management (the “SMBP”), and shall be eligible to receive an annual bonus in an amount up to one-hundred percent (100%) of Employee’s Base Salary. The amount of the annual bonus payable
to Employee for a year (if any) shall be based upon the achievement of certain performance goals established by the Compensation Committee of the Board, in its sole discretion. Any bonuses payable pursuant to this Section 4(c) shall be referred
to herein as “Performance Bonuses.” If the Employee’s employment shall terminate prior to December 31 of any year, Employee shall be entitled to a pro-rata bonus for such partial calendar year as determined by the
Compensation Committee, in its sole discretion. 
 d. Expenses. The Company will reimburse Employee, in accordance
with the Company’s expense reimbursement policies as may be established from time to time by the Company, for all reasonable travel and other expenses actually incurred or paid by him during the Term in the performance of his services under
this Agreement, upon presentation of expense statements or vouchers or such other supporting information as the Company may require. 
 e. Withholding. All payments under this Agreement will be subject to applicable taxes and required withholdings. 
 f. Equity. As of the Effective Date, Employee shall receive 25,000 shares of the Company’s common stock (the “Restricted Stock”), which shall vest 100% on the third
anniversary of the Effective Date (the “Vesting Date”). So long as the Employee is not terminated for Cause (as defined in Section 11(c) hereof) or has breached any of his obligations set forth in Sections 6, 7 and 8 hereof, the
Restricted Stock and any other restricted stock issuances or stock options grants Employee may have during the Term shall continue to vest until they are fully vested and all existing and future stock option grants will remain exercisable by
Employee for the full term of the grant . The Restricted Stock will be subject to the terms and conditions of the Company’s incentive plans, as in effect and as may be amended from time to time in the Company’s sole discretion. 

5. Representations of Employee. Employee represents and warrants that he is not, (i) a party to any enforceable
employment agreement or other arrangement, whether written or oral, with any past employer, that would prevent or restrict Employee’s employment with the Company; (ii) a party to or bound by any agreement, obligation or commitment, or
subject to any restriction, including, but not limited to, confidentiality agreements, restrictive covenants or non-compete and non-solicitation covenants, except for agreements with the Company or its affiliates; or (iii) involved with any
professional endeavors which in the future may possibly adversely affect or interfere with the business of the Company, the full performance by Employee of his duties under this Agreement or the exercise of his best efforts hereunder. 
 6. Confidentiality. 
 a. Confidential Information. Employee acknowledges that as a result of his employment with the Company, Employee will gain knowledge of, and access to, proprietary and confidential
information and trade secrets of the Company and its subsidiaries and affiliates, including, without limitation, (1) the identity of customers, suppliers, subcontractors and others with whom they do business; (2) their marketing methods
and strategies; (3) contract terms, pricing, margin, cost information and other information regarding the relationship between them and the persons and entities with which they have contracted; (4) their services, products, software,
technology, developments, improvements and methods of operation; (5) their results of operations, financial condition, projected financial performance, sales and profit performance and financial requirements; (6) the identity of and
compensation paid to their employees, including Employee; (7) their business plans, models or strategies and the information contained therein (8) their

 
sources, leads or methods of obtaining new business; and (9) all other confidential information of, about or concerning the business of the Company and its subsidiaries and affiliates
(collectively, the “Confidential Information”). Employee further acknowledges that such information, even though it may be contributed, developed or acquired by Employee, and whether or not the foregoing information is actually
novel or unique or is actually known by others, constitutes valuable assets of the Company developed at great expense which are the exclusive property of the Company or its subsidiaries and affiliates. Accordingly, Employee will not, at any time,
either during or subsequent to the Term, in any fashion, form or manner, directly or indirectly, (i) use, divulge, disclose, communicate, provide or permit access to any person or entity, any Confidential Information of any kind, nature or
description, or (ii) remove from the Company’s or its subsidiaries or affiliates’ premises any notes or records relating thereto, or copies or facsimiles thereof (whether made by electronic, electrical, magnetic, optical, laser
acoustic or other means) except in the case of both (i) and (ii), (A) as reasonably required in the performance of his services to the Company under this Agreement, (B) to responsible officers and employees of the Company who are in a
contractual or fiduciary relationship with the Company and who have a need for such information for purposes in the best interests of the Company, (C) for such information which is or becomes generally available to the public other than as a
result of an unauthorized disclosure by Employee, and (D) or as otherwise necessary to comply with the requirements of law, after providing the Company with not less than five (5) days prior written notice of Employee’s intent to
disclose. Employee acknowledges that the Company would not enter into this Agreement without assurance that all Confidential Information will be used for the exclusive benefit of the Company. 
 b. Return of Confidential Information. Upon request by the Company, Employee will promptly deliver to the Company all
drawings, manuals, letters, notes, notebooks, reports and copies thereof, including all originals and copies contained in computer hard drives or other electronic or machine readable format, all Confidential Information and other materials relating
to the Company’s business, including, without limitation, any materials incorporating Confidential Information, which are in Employee’s possession or control. 
 7. Intellectual Property. Any and all material eligible for copyright or trademark protection and any and all ideas and inventions (“Intellectual Property”), whether or not
patentable, in any such case solely or jointly made, developed, conceived or reduced to practice by Employee (whether at the request or suggestion of any officer or employee of the Company or otherwise, whether alone or in conjunction with others,
and whether during regular hours of work or otherwise) during the Term which arise from the fulfillment of Employee’s duties hereunder and which may be directly or indirectly useful in the business of the Company will be promptly and fully
disclosed in writing to the Company. The Company will have the entire right, title and interest (both domestic and foreign) in all such Intellectual Property, which is the sole property of the Company. All papers, drawings, models, data and other
materials relating to any such idea, material or invention will be included in the definition of Confidential Information, will remain the sole property of the Company, and Employee will return to the Company all such papers, and all copies thereof,
including all originals and copies contained in computer hard drives or other electronic or machine readable format, upon the earlier of the Company’s request thereof, or the expiration or termination of Employee’ employment hereunder.
Employee will execute, acknowledge and deliver to the Company any and all further assignments, contracts or other instruments the Company deems necessary or expedient, without further compensation, to carry out and effectuate the intents and
purposes of the Agreement and to vest in the Company each and all of the rights of the Company in the Intellectual Property. 
 8. Covenants 
 a. Non-Competition and Non-Solicitation. Employee acknowledges and agrees
that Company’s and its subsidiary and affiliated companies (collectively, the “Companies”) existing or contemplated businesses (collectively, the “Business”) are conducted throughout the United States of
America. Until two (2) years following the date of the termination of Employee’s employment with the Company (the “Period of Non-competition” and within the United States of America and the Commonwealth of Canada
(including their possessions, protectorate and territories, the “Territory”), Employee will not (whether or not then employed by the Company for any reason), without the Company’s prior written consent: 
 (i) directly or indirectly own, manage, operate, control, be employed by, act as agent, consultant or advisor for, or participate in the
ownership, management, operation or control of, or be connected in any manner through the investment of capital, lending of money, or rendering of services or otherwise, with, any business of the type and character engaged in and competitive with
the Business. For these purposes, ownership of securities of one percent (1%) or less of any class of securities of a public company will not be considered to be competition with the Business; 

 (ii) solicit, persuade or attempt to solicit or persuade or cause or authorize directly or
indirectly to be solicited or persuaded any existing customer or client, or potential customer or client to which the Companies have made a presentation or with which the Companies have been having discussions, to cease doing business with or
decrease the amount of business done with or not to hire the Companies, or to commence doing Business with or increase the amount of Business done with or hire another company; 
 (iii) solicit, persuade or attempt to solicit or persuade or cause or authorize directly or indirectly to be solicited or persuaded the
business of any person or entity that is a customer or client of the Companies, or was their customer or client within two (2) years prior to cessation of Employee’s employment by any of the Companies or any of their subsidiaries, for the
purpose of competing with the Companies in the Business; or 
 (iv) solicit, persuade or attempt to solicit or persuade or
cause or authorize directly or indirectly to be solicited or persuaded for employment, or employ or cause or authorize directly or indirectly to be employed, on behalf of Employee or any other person or entity, any individual who is or was at any
time within six (6) months prior to cessation of Employee’s employment by the Companies, an employee of any of the Companies. 
 If Employee breaches or violates any of the provisions of this Section 8, the running of the Period of Non-Competition (but not of any of Employee’s obligations under this Section 8
) will be tolled with respect to Employee during the continuance of any actual breach or violation. In addition to any other rights or remedies the Company may have under this Agreement or applicable law, the Company will be entitled to receive from
Employee reimbursement for all attorneys’ and paralegal fees and expenses and court costs incurred by the Companies in enforcing this Agreement and will have the right and remedy to require Employee to account for and pay over to the Company
all compensation, profit, monies, accruals or other benefits derived or received, directly or indirectly, by Employee from the action constituting a breach or violation of this Section 8. 
 b. Exceptions. Utilities and Telecommunications operators (such as FPL, Verizon, AT&T), cable companies and other
non-construction or installation customers of the Company shall not be considered engaged in and competitive with the Business. 
 9. Reasonable Restrictions. The parties acknowledge and agree that the restrictions set forth in Sections 6, 7, and 8 of this Agreement are reasonable for the purpose of protecting the value of the business and goodwill of the
Companies. It is the desire and intent of the parties that the provisions of Sections 6, 7, and 8 be enforced to the fullest extent permissible under the laws and public policies applied in each jurisdiction in which enforcement is sought. If any
particular provisions or portions of Sections 6, 7 or 8 are adjudicated to be invalid or unenforceable, then such section will be deemed amended to delete such provision or portion adjudicated to be invalid or unenforceable; provided, however, that
such amendments to apply only with the respect to the operation of such section in the particular jurisdiction in which such adjudication is made. 
 10. Breach or Threatened Breach. The parties acknowledge and agree that the performance of the obligations under Sections 6, 7 and 8 by Employee are special, unique and extraordinary in
character, and that in the event of the breach or threatened breach by Employee of the terms and conditions of Sections 6, 7 or 8, the Companies will suffer irreparable injury and that monetary damages would not provide an adequate remedy at law and
that no remedy at law may exist. Accordingly, in the event of such breach or threatened breach, the Company will be entitled, if it so elects and without the posting of any bond or security, to institute and prosecute proceedings in any court of
competent jurisdiction, in law and in equity, to obtain damages for any breach of Sections 6, 7 or 8 or to enforce the specific performance of this Agreement by Employee or to enjoin Employee from breaching or attempting to breach Sections 6, 7 or
8. In the event the Company believes that the Employee has breached Employee’s obligations under Sections 6, 7 or 8, or threatens to do so, it shall promptly provide the Employee written notice of such belief setting forth the basis for its
belief and, (unless under exigent circumstances, as determined by the Company at its sole discretion, it would harm the Companies to delay the institution of legal proceedings) five (5) business days to respond to the notice, prior to the
initiation of legal proceedings. 

 11. Termination. The Employee’s employment under this Agreement may be
terminated upon the occurrence of any of the events described in, and subject to the terms of, this Section 11: 
 a.
Death. Immediately and automatically upon the death of Employee. 
 b. Disability. At the
Company’s option, immediately upon written notice if Employee suffers a “permanent disability”, meaning any incapacity, illness or disability of Employee which renders Employee mentally or physically unable to perform his
duties under this Agreement for a continuous period of sixty (60) days, or one hundred twenty (120) days (whether or not consecutive), during the Term, as reasonably determined by the Company. 
 c. Termination for Cause. At the Company’s option, immediately upon notice to Employee, upon the occurrence of any of the
following events (each “Cause”), (i) Employee being convicted of any felony (whether or not against the Company or its subsidiaries or affiliates); (ii) a material failure of Employee to perform Employee’s
responsibilities after ten (10) days’ written notice given by an executive officer of the Company to Employee, which notice shall identify the Employee’s failure in sufficient detail and grant Employee an opportunity to cure such
failure within such ten (10) day period; (iii) a breach by Employee of any of his obligations under Sections 6, 7 or 8 hereof; (iv) any material act of dishonesty or other misconduct by Employee against the Company or
any of its subsidiaries or affiliates; (v) a material violation by Employee of any of the policies or procedures of the Company or any of its subsidiaries or affiliates, including without limitation the 2007 Company Handbook, provided,
however, that if such violation is curable, then Employee will be given ten (10) days written notice and the opportunity to cure such violation; or (vi) Employee voluntarily terminates this Agreement or leaves the employ of the Company or
its subsidiaries or affiliates for any reason, other than Good Reason. 
 d. Termination Without Cause. At
the Company’s option for any reason, or no reason, upon five (5) days’ written notice to Employee given by the CEO. 
 e. Termination With Good Reason. At Employee’s option, upon the occurrence of any of the following: (i) a material diminution in the Employee’s base compensation; (ii) a material diminution in the
Employee’s authority, duties, or responsibilities; (iii) a material diminution in the budget over which the Employee retains authority; (iv) a change in the geographic location to one outside Miami-Dade County at which the Employee
must perform the services under this Agreement; or (v) any other action or inaction that constitutes a material breach by the Company of this Agreement. For purposes of this Agreement, Good Reason shall not be deemed to exist unless the
Employee’s termination of employment for Good Reason occurs within 2 years following the initial existence of one of the conditions specified in clauses (i) through (v) above, the Employee provides the Company with written notice of
the existence of such condition within 90 days after the initial existence of the condition, and the Company fails to remedy the condition within 30 days after its receipt of such notice. 
 f. Payments After Termination. If this Agreement and Employee’s employment hereunder are terminated for the
reasons set forth in Sections 11(a) or 11(b), then Employee or Employee’s estate will receive the Base Salary and any Performance Bonus earned through the date of death or disability, and all of Employee’s stock options and
restricted stock shall immediately vest. If the Company terminates this Agreement and Employee’s employment hereunder for the reasons set forth in Section 11(c) then (i) Employee will receive his Base Salary through the date of
termination and (ii) Employee will forfeit any entitlement that Employee may have to receive any Performance Bonus. If this Agreement is terminated for the reason set forth in Section 11(d) or Section 11(e), then (i) Employee
will receive his Base Salary, and benefits set forth in Section 4(b) hereof (collectively, with the payment of the Base Salary, the “Severance Benefits”), until August 14, 2012 (the “Severance Period”). If
this Agreement is terminated by reason of the Company’s notice to Employee that the Company does not intend to renew or extend Employee’s employment or if the parties cannot mutually agree to renew or extend Employee’s employment,
then Employee, on completion of the Term will receive the Severance Benefits until August 14, 2012. The Severance Benefit shall be payable in accordance with the Company’s payroll procedures and subject to applicable withholdings, and
Employee will forfeit any entitlement that Employee may have to receive any Performance Bonus. 
 g. General.
Notwithstanding anything to the contrary set forth in this Agreement, the provision of payments after termination in accordance with the provisions of Section 11(f) above, shall not be a bar to the Employee’s continued entitlement from the
Company of (i) reimbursements of proper expenses, (ii) expense allowances, (iii) vested benefit and welfare entitlements;

 
(iv) unemployment compensation, (v) workers compensation benefits, (vi) accrued vacation time (if consistent with Company policy), (vii) Base Salary through date of
termination. Notwithstanding anything in this Agreement to the contrary, if Employee is employed by the Company for an entire calendar (e.g., the 2010 calendar year) and is terminated for any reason prior to the payment of the Performance Bonus for
that year, if any, the Company hereby agrees to pay Employee any Performance Bonus that he would have otherwise been entitled to for that prior year, simultaneous with the payment of such bonuses to the Company’s employees, and
(viii) continued vesting of options and restricted stock as may be provided in accordance with the provisions of this Agreement or any incentive plan. Upon payment by the Company of the amounts described in Section 11(f) and this
Section 11(g), Employee will not be entitled to receive any further compensation or benefits from the Company. 
 h.
Change in Control. If, prior to the completion of the Term, there occurs a Change in Control, as defined in Exhibit A, then and in that case only, all Employee’s stock options and restricted stock then outstanding shall immediately
vest. 
 12. Compliance with Section 409A: 
 a. General. It is the intention of both the Company and the Employee that the benefits and rights to which the Employee could
be entitled pursuant to this Agreement comply with Section 409A of the Internal Revenue Code and the Treasury Regulations and other guidance promulgated or issued thereunder (“Section 409A”), to the extent that the requirements of
Section 409A are applicable thereto, and the provisions of this Agreement shall be construed in a manner consistent with that intention. If the Employee or the Company believes, at any time, that any such benefit or right that is subject to
Section 409A does not so comply, it shall promptly advise the other and shall negotiate reasonably and in good faith to amend the terms of such benefits and rights such that they comply with Section 409A (with the most limited possible
economic effect on the Employee and on the Company). Notwithstanding the foregoing, the Company does not make any representation to the Employee that the payments or benefits provided under this Agreement are exempt from, or satisfy, the
requirements of Section 409A, and the Company shall have no liability or other obligation to indemnify or hold harmless the Employee or any beneficiary of the Employee for any tax, additional tax, interest or penalties that the Employee or any
beneficiary of the Employee may incur in the event that any provision of this Agreement, or any amendment or modification thereof, or any other action taken with respect thereto, is deemed to violate any of the requirements of Section 409A.

 b. Distributions on Account of Separation from Service. If and to the extent required to comply with
Section 409A, no payment or benefit required to be paid under this Agreement on account of termination of the Employee’s employment shall be made unless and until the Employee incurs a “separation from service” within the meaning
of Section 409A. 
 c. 6 Month Delay for Specified Employees. 
 (i) If the Employee is a “specified employee”, then no payment or benefit that is payable on account of the Employee’s
“separation from service”, as that term is defined for purposes of Section 409A, shall be made before the date that is six months after the Employee’s “separation from service” (or, if earlier, the date of the
Employee’s death) if and to the extent that such payment or benefit constitutes deferred compensation (or may be nonqualified deferred compensation) under Section 409A and such deferral is required to comply with the requirements of
Section 409A. Any payment delayed by reason of the prior sentence, and interest on any such delayed payment determined at the rate being paid by the Company on its senior credit facility determined as of the date of termination of the
Employee’s employment, shall be paid in a single lump sum at the end of such required delay period in order to catch up to the original payment schedule, and any benefits delayed by reason of the prior sentence, shall be provided at the end of
such required delay period. 
 (ii) For purposes of this provision, the Employee shall be considered to be a “specified
employee” if, at the time of his or her separation from service, the Employee is a “key employee”, within the meaning of Section 416(i) of the Code, of the Company (or any person or entity with whom the Company would be
considered a single employer under Section 414(b) or Section 414(c) of the Code) any stock in which is publicly traded on an established securities market or otherwise. 

 d. No Acceleration of Payments. Neither the Company nor the Employee,
individually or in combination, may accelerate any payment or benefit that is subject to Section 409A, except in compliance with Section 409A and the provisions of this Agreement, and no amount that is subject to Section 409A shall be
paid prior to the earliest date on which it may be paid without violating Section 409A. 
 e. Treatment of Each
Installment as a Separate Payment. For purposes of applying the provisions of Section 409A to this Agreement, each separately identified amount to which the Employee is entitled under this Agreement shall be treated as a separate
payment. In addition, to the extent permissible under Section 409A, any series of installment payments under this Agreement shall be treated as a right to a series of separate payments. 
 f. Taxable Reimbursements and In-Kind Benefits. 
 (i) Any reimbursements by the Company to the Employee of any eligible expenses under this Agreement that are not excludable from the
Employee’s income for Federal income tax purposes (the “Taxable Reimbursements”) shall be made by no later than the earlier of the date on which they would be paid under the Company’s normal policies and the last day of the
taxable year of the Employee following the year in which the expense was incurred. 
 (ii) The amount of any Taxable
Reimbursements, and the value of any in-kind benefits to be provided to the Employee, during any taxable year of the Employee shall not affect the expenses eligible for reimbursement, or in-kind benefits to be provided, in any other taxable year of
the Employee. 
 (iii) The right to any Taxable Reimbursement, or in-kind benefits, shall not be subject to liquidation or
exchange for another benefit. 
 13. Miscellaneous. 
 a. Survival. The provisions Sections 6, 7, 8, 9, 10, 11, 12 and 13 will survive the termination or
expiration of this Agreement for any reason. 
 b. Entire Agreement. This Agreement constitutes the entire
agreement of the parties pertaining to its subject matter and supersedes all prior or contemporaneous agreements or understandings between the parties pertaining to the subject matter of this Agreement (including, without limitation, the employment
agreement by and between the Company dated August 3, 2006), and there are no promises, agreements, conditions, undertakings, warranties, or representations, whether written or oral, expressed or implied, between the parties other than as set
forth in this Agreement. 
 c. Modification. This Agreement may not be amended or modified, or any provision
waived, unless in writing and signed by both parties. 
 d. Waiver. Failure of a party to enforce one or more of
the provisions of this Agreement or to require at any time performance of any of the obligations of this Agreement will not be construed to be a waiver of such provisions by such party nor to in any way affect the validity of this Agreement or such
party’s right thereafter to enforce any provision of this Agreement, nor to preclude such party from taking any other action at any time which it would legally be entitled to take. 
 e. Successors and Assigns. This Agreement may not be assigned or the duties delegated unless in writing and signed by both
parties, except for any assignment by the Company occurring by operation of law or the transfer of substantially all of the Company’s assets. Subject to the foregoing, this Agreement will inure to the benefit of, and be binding upon, the
parties and their heirs, beneficiaries, personal representatives, successors and permitted assigns. 
 f. Notices.
Any notice, demand, consent, agreements, request, or other communication required or permitted under this Agreement will be in writing and will be, (i) mailed by first-class mail, registered or certified, return receipt requested, postage
prepaid, (ii) delivered personally by independent courier, or (iii) transmitted by facsimile, to the parties at the addressee as follows (or at such other addresses as will be specified by the parties by like notice). If to Employee, then
to: 
 C. Robert Campbell 
 700 Biltmore Way, Apt. 1110 
 Coral Gables, Florida 33134 

 If to the Company, then to: 
 MasTec, Inc. 
 Douglas Entrance, 12th Floor 
 800 Douglas Road 
 Coral Gables, Florida 
 Attn: Legal Department 
 Facsimile: 305-406-1907 
 Each
party may designate by notice in writing a new address to which any notice, demand, consent, agreement, request or communication may thereafter be given, served or sent. Each notice, demand, consent, agreement, request or communication that is
mailed, hand delivered or transmitted in the manner described above will be deemed received for all purposes at such time as it is delivered to the addresses (with the return receipt, the courier delivery receipt or the telecopier answer back
confirmation being deemed conclusive evidence of such delivery) or at such time as deliver is refused by the addressee upon presentation. 
 g. Severability. If any provision of this Agreement is held to be invalid or unenforceable by a court of competent jurisdiction, then such invalidity or unenforceability will not affect the
validity and enforceability of the other provisions of this Agreement and the provision held to be invalid or unenforceable will be enforced as nearly as possible according to its original terms and intent to eliminate such invalidity or
unenforceability. 
 h. Counterparts. This Agreement may be executed in any number of counterparts, and all
counterparts will collectively be deemed to constitute a single binding agreement. 
 i. Governing Law; Venue.
This Agreement will be governed by the laws of the State of Florida, without regard to its conflicts of law principles. Employee consents to the jurisdiction of any state or federal court located within Miami-Dade County, State of Florida, agrees
that such courts shall be the exclusive jurisdiction for any suit, action, or legal proceeding arising directly or indirectly out of this Agreement, and consents that all service of process may be made by registered or certified mail directed to
Employee at the address in Section 13(f) of this Agreement. Employee waives any objection which Employee may have based on lack of personal jurisdiction or improper venue or forum non conveniens to any suit or proceeding instituted by the
Company under this Agreement in any state or federal court located within Miami-Dade County, Florida and consents to the granting of such legal or equitable relief as is deemed appropriate by the court. This provision is a material inducement for
the Company to enter into this Agreement with Employee. 
 j. Participation of Parties. The parties acknowledge
that this Agreement and all matters contemplated herein have been negotiated between both of the parties and their respective legal counsel and that both parties have participated in the drafting and preparation of this Agreement from the
commencement of negotiations at all times through execution. Therefore, the parties agree that this Agreement will be interpreted and construed without reference to any rule requiring that this Agreement be interpreted or construed against the party
causing it to be drafted. 
 k. Injunctive Relief. It is possible that remedies at law may be inadequate and,
therefore, the parties will be entitled to equitable relief including, without limitation, injunctive relief, specific performance or other equitable remedies in addition to all other remedies provided hereunder or available to the parties hereto at
law or in equity. 
 l. Waiver of Jury Trial. EACH OF THE COMPANY AND EMPLOYEE IRREVOCABLY WAIVES ALL RIGHT TO
TRIAL BY JURY IN ANY ACTION, PROCEEDING OR COUNTERCLAIM ARISING OUT OF OR RELATING TO THE PROVISIONS OF THIS AGREEMENT. 

 m. Right to Setoff. The Company will be entitled, in its discretion and in
addition to any other remedies it may have in law or in equity, to set-off against any amounts payable to Employee under this Agreement or otherwise the amount of any obligations of Employee to the Company under this Agreement that are not paid by
Employee when due. In the event of any such setoff, the Company will promptly provide the Employee with a written explanation of such setoff, and an opportunity to register a written protest thereof. 
 n. Litigation: Prevailing Party. In the event of any litigation, administrative proceeding, arbitration, mediation or
other proceeding with regard to this Agreement, the prevailing party will be entitled to receive from the non-prevailing party and the non-prevailing party will pay upon demand all court costs and all reasonable fees and expenses of counsel and
paralegals for the prevailing party. 
 o. Descriptive Headings. The descriptive headings herein are inserted for
convenience only and are not intended to be part of or to affect the meaning or interpretation of this Agreement. 
 [SIGNATURES APPEAR ON FOLLOWING PAGE] 

 EXECUTED as of the date set forth in the first paragraph of this Agreement.

  

									
		 		 	 EMPLOYEE
  
	 	
		 		 	 /s/ C. Robert Campbell
	 	
		 		 	 C. Robert Campbell
  
	 	
		 		 	 MASTEC, INC.
  
	 	
		 		 	By:	 	 /s/ Jose R. Mas
	 	
		 		 		 	Jose R. Mas, Chief Executive Officer	 	

 EXHIBIT A 
 “Change in Control” shall mean: 
  

	(a)	Acquisition By Person of Substantial Percentage. The acquisition by a Person (including “affiliates” and “associates” of such Person, but
excluding the Company, and “parent” or “subsidiary” of the Company, or any employee benefit plan of the Company) of a sufficient number of shares of the Common Stock, or securities convertible into the Common Stock, and whether
through direct acquisition of shares or by merger, consolidation, share exchange, reclassification of securities or recapitalization of or involving the Company or any “parent” or “subsidiary” of the Company, to constitute actual
or beneficial owner of 51% or more of the Common Stock.; 

  

	(b)	Disposition of Assets. Any sale, lease, transfer, exchange, mortgage, pledge or other disposition, in one transaction or a series of transactions, of all or
substantially all of the assets of the Company or of any “subsidiary” of the Company to a Person described in subsection (a) above, but only if such transaction occurs without approval or ratification by a majority of the members of
the Board; or 

  

	(c)	Substantial Change of Board Members. During any fiscal year of the Company, individuals who at the beginning of such year constitute the Board cease for any
reason to constitute at least a majority thereof, unless the election of each director who was not a director at the beginning of such period has been approved in advance by a majority of the directors in office at the beginning of the fiscal year.

 For purposes of this Section, the terms “affiliate,” “associate,” “parent” and
“subsidiary” shall have the respective meanings ascribed to such terms in Rule 12b-2 under Section 12 of the 1934 Act.Split-Dollar Agreement between MasTec, Inc. and Jorge Mas

 Exhibit 10.70 
 SPLIT-DOLLAR AGREEMENT 
 THIS AGREEMENT, effective as of this 28th day of
October, 2009, by and between MasTec, Inc., a Florida corporation, with principal offices and place of business in the State of Florida (hereinafter referred to as the “Corporation”), and Jorge Mas, an individual residing in the State of
Florida (hereinafter referred to as the “Employee”), 
 WITNESSETH THAT: 
 WHEREAS, the Employee is employed by the Corporation; and 
 WHEREAS, the Employee wishes to provide life insurance protection for his family in the event of his death, under one or more policies of life insurance insuring his life and/or insuring his life and the
life of his wife, Aleyda Mas (hereinafter referred to collectively as the “Insureds”), issued by one or more insurance companies (hereinafter referred to individually as an “Insurer” and collectively as the “Insurers”)
that would be subject to this Agreement (such policies being hereinafter individually referred to as a “Policy” and collectively as the “Policies”); and 
 WHEREAS, the Corporation is willing to pay the premiums due on the Policies as an additional employment benefit for the Employee, on the
terms and conditions hereinafter set forth; and 
 WHEREAS, the Corporation will be the owner of the Policies and, as such,
possesses all incidents of ownership in and to the Policies; and 
 WHEREAS, the Corporation wishes to retain such ownership
rights, in order to secure the repayment of the amounts which it will pay toward the premiums on the Policies; and 
 WHEREAS,
the parties to this arrangement intend to have their income and gift tax consequences determined under economic benefit regime set forth in Section 1.162-22(d) of the Treasury Regulations; and 
 WHEREAS, the Corporation and the Employee previously entered into three Split-Dollar Agreements (collectively referred to as the “Prior
Agreements”); and 
 WHEREAS, the Corporation and the Employee entered into the first Split-Dollar Agreement on and
effective as of December 27, 1995, to govern the rights and obligations of the parties with respect to that certain life insurance policy issued by the Metropolitan Life Insurance Company insuring the life of the Employee; and 
 WHEREAS, the Corporation and the Employee entered into the second Split-Dollar Agreement on December 1, 2002, effective as of
September 13, 2002, which was subsequently amended on May 4, 2003, September 15, 2003 and January 6, 2006, to govern the rights and obligations of the parties with respect to that certain life insurance policy issued by John
Hancock Variable Life Insurance Company insuring the life of the Employee; and 

 WHEREAS, the Corporation and the Employee entered into the third Split-Dollar Agreement on
May 8, 2003, effective as of August 27, 2002, which was subsequently amended on September 15, 2003 and January 6, 2006, to govern the rights and obligations of the parties with respect to those certain life insurance policies
issued by Phoenix Life Insurance Company or General American Life Insurance Company, insuring the lives of the Insureds; and 
 WHEREAS, the parties hereto wish to consolidate the Prior Agreements in their entirety to one amended and restated Agreement to make it applicable to any and all Policies and to make certain other modifications to the Prior Agreements.

 NOW, THEREFORE, in consideration of the premises and of the mutual promises contained herein, the parties hereto agree that
the Prior Agreements shall be amended and restated and consolidated, in their entirety, into this Agreement, and shall read as follows: 
 1. Statement of Intention. The parties hereto intend that the income and gift tax consequences of this split-dollar arrangement be governed by the economic benefit regime set forth in
Section 1.162-22(d) of the Treasury Regulations. The parties hereto agree to consistently treat this arrangement in accordance with such concepts on all tax returns and other documents filed by them in connection herewith. 
  

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 2. Purchase of Policies. The Corporation may purchase one or more Policies
that will be subject to this Agreement. The Face Amount of Insurance and Death Benefit of any Policies shall be reflected on Exhibit A attached hereto. The maximum Face Amount of Insurance of the Policies subject to this Agreement shall be
$200,000,000. The parties hereto will take all necessary action to cause the Insurer to issue the Policy, and shall take any further action which may be necessary to cause each Policy to conform to the provisions of this Agreement. The parties
hereto agree that the Policies shall be subject to the terms and conditions of this Agreement and of the endorsement to the Policy to be filed with the Insurer. 
 3. Ownership of Policies. 
 a. The Corporation shall be the sole
and absolute owner of each Policy, and may exercise all ownership rights granted to the owner thereof by the terms of the Policy, except as may otherwise be provided herein; provided, however, that in no event shall the Corporation have any right to
borrow against or make withdrawals from the Policy. 
 b. Specifically, the Corporation shall have the sole authority to direct
the manner in which the Policy Account (as such term is defined in each Policy) established pursuant to the terms of the Policy shall be allocated among the various investment options from time to time available under the Policy and to change such
allocation from time to time, as provided for in the Policy. 
 4. Payment of Premiums. On or before the due date
of the Policy premium (as defined in the Policy), or within the grace period provided therein, the Corporation shall pay the full amount of the Planned Periodic Premium (as such term is defined in the Policy) to the Insurer, during the term hereof,
and shall, upon request, promptly furnish the Employee evidence of timely payment of such premium. Subject to the acceptance of such amount by the Insurer, the Corporation may also, in its discretion, make additional premium payments on the Policy.
The Corporation shall annually furnish the Employee a statement of the amount of income reportable by the Employee for federal, state or local tax purposes, as applicable, as a result of the insurance protection provided to the Employee’s
beneficiary hereunder. 
  

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 5. Designation of Policy Beneficiary/Endorsement. 
 a. Contemporaneously with the execution of this Agreement, the Corporation shall execute a beneficiary designation for each Policy, under
the form used by the Insurer for such designations, naming the Corporation as the Policy beneficiary, in order to secure the Corporation’s recovery of the amount due the Corporation hereunder. 
 b. The Employee may select both the settlement option for payment of that portion of the death benefit provided under each Policy to which
the Employee is entitled hereunder and the beneficiary or beneficiaries to receive such portion of the death benefit proceeds of the Policy, by specifying the same in a written notice to the Corporation. Upon receipt of such notice, the Corporation
shall execute and deliver to the Insurer a change of beneficiary and/or Policy endorsement form necessary to elect the requested settlement option and to designate the requested person, persons or entity as the beneficiary or beneficiaries to
receive the death proceeds of the Policy in excess of the amount to which the Corporation is entitled hereunder. The parties hereto agree to take the action necessary to cause the beneficiary designation and settlement election provisions of that
portion of each Policy to which the Employee is entitled hereunder to conform to the provisions hereof. The Corporation shall not terminate, alter or amend such election or designation for such portion of any Policy, without the express written
consent of the Employee, except as provided in paragraph 9b hereof. 
 6. Limitations on Corporation’s Rights in
Policies. Except as otherwise provided herein, the Corporation shall not sell, assign, transfer, surrender or cancel any Policy, change the beneficiary designation provision of that portion of the Policy to which the Employee is entitled
hereunder, nor change the Death Benefit Option thereof without, in any such case, the express written consent of the Employee. 
 7. Collection of Death Proceeds. 
 a. Upon the death of the Employee or the survivor of the Insureds,
as applicable, the Corporation shall cooperate with the beneficiary or beneficiaries designated by the Employee to take whatever action is necessary to collect the death benefit provided under each Policy. When the death benefit has been collected
and paid as provided herein, this Agreement shall thereupon terminate. 
  

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 b. Upon the death of the Employee or the survivor of the Insureds, as applicable, the
Corporation shall have the unqualified right to receive a portion of the death benefit under each Policy equal to the greater of (i) the total amount of the premiums paid by the Corporation with respect to that Policy under this Agreement
(including any amounts rolled over from any life insurance policies that were subject to the Prior Agreements), or (ii) the then cash value of that Policy (excluding surrender charges or other similar charges or reductions) immediately before
the death of the Employee or the survivor of the Insureds, as applicable (the “Corporation’s Death Benefit”). The balance of the death benefit provided under each Policy shall be paid directly to the beneficiary or beneficiaries
designated by the Corporation at the direction of the Employee, in the manner and in the amount or amounts provided in the beneficiary designation provision of that Policy. In no event shall the amount payable to the Corporation hereunder with
respect to any Policy exceed proceeds payable as a result of the maturity of that Policy as a death claim. No amount shall be paid from such death benefit to the beneficiary or beneficiaries designated by the Corporation at the direction of the
Employee, until the full amount of the Corporation’s Death Benefit under that Policy has been paid to the Corporation. The parties hereto agree that the beneficiary designation provision of each Policy shall conform to the provisions hereof.

 c. Notwithstanding any provision hereof to the contrary, in the event that, for any reason whatsoever, no death benefit is
payable under any Policy upon the death of the Employee or the survivor of the Insureds, as applicable, and in lieu thereof the Insurer refunds all or any part of the premiums paid for the Policy, the Corporation shall have the unqualified right to
retain such premiums. 
 8. Termination of the Agreement During the Lifetime of the Employee or the Insureds.
This Agreement shall terminate while the Employee or either of the Insureds is alive, as applicable, without notice, upon the occurrence of any of the following events: (a) the Corporation’s (i) bankruptcy (with the approval of a
bankruptcy court pursuant to 11 U.S.C. Section 503(b)(1)(A)), or (ii) dissolution taxed under Section 331 of the Internal Revenue Code of 1986, as amended (“Code”); or (b) the date of a change in control, within the
meaning of Code Section 409A, due to (i) one person, or more than one person acting as a group, acquiring ownership of stock of the Corporation constituting more than 50% of the total fair market value or total voting power of such stock,
or (ii) a majority of the Corporation’s board of directors being replaced during any 12-month period by directors whose appointment or election is not endorsed by a majority of the Corporation’s board of directors prior to the date of
such appointment or election. 
  

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 9. Disposition of the Policy on Termination of the Agreement During the
Employee’s or the Insureds’ Lifetime. 
 a. For sixty (60) days after the date of the termination of
this Agreement during the lifetime of the Employee or the Insureds, as applicable, the Employee or the survivor of the Insureds shall have the assignable option to purchase each Policy from the Corporation. The purchase price for each Policy shall
be the greater of (i) the total amount of the premiums paid by the Corporation with respect to that Policy under this Agreement (including any amounts rolled over from any life insurance policies that were subject to the Prior Agreements), or
(ii) the then cash value of the Policy (excluding surrender charges or other similar charges or reductions). Upon receipt of this purchase price, the Corporation shall transfer all of its right, title and interest in and to the Policy purchased
by the Employee or the survivor of the Insureds, as applicable, to the Employee or the survivor of the Insureds or his or her assignee, by the execution and delivery of an appropriate instrument of transfer, and this Agreement shall thereupon
terminate. 
 b. If the Employee or the survivor of the Insureds or his or her assignee fails to exercise the option provided
for in Section 9a with respect to any Policy within the sixty (60) day period provided therein, then the Corporation shall be vested with all ownership rights under that Policy, including, without limitation, the right to either maintain,
cancel or surrender the Policy at any time. In connection with any cancellation or surrender of any Policy, the Corporation may retain all cash surrender values and other sums payable to the owner of the Policy. In connection with any payment of
death proceeds under any Policy if maintained, the Corporation may retain all of the same. The Corporation may name itself and/or its designees as beneficiary under any such Policy and shall enjoy all other ownership rights in the Policy even if not
herein specifically enumerated. Neither the Employee or the survivor of the Insureds, nor any co-insured party, or the heirs or assigns or designated beneficiaries of any of them, nor any person claiming by or through any of the foregoing, shall
have any further interest in and to any such Policy whether under the terms hereof or under the terms of the Policy. 
 c.
Notwithstanding any other provision of this Agreement, in no event shall the Employee or the survivor of the Insureds or his or her assignee, as applicable, have any personal liability to repay to the Corporation any premiums paid under this

  

 6 

 
Agreement or any other amounts upon termination of this Agreement for any reason (other than the obligation of the Employee or the survivor of the Insureds or his or her assignee to pay the
purchase price for any Policy if the Employee or the survivor of the Insureds or his or her assignee elects to purchase the Policy under Section 9a of this Agreement). 
 10. Insurer Not a Party. The Insurer shall be fully discharged from its obligations under any Policy by payment of the Policy
death benefit to the beneficiary or beneficiaries named in the Policy, subject to the terms and conditions of the Policy. In no event shall the Insurer be considered a party to this Agreement, or any modification or amendment hereof. No provision of
this Agreement, nor of any modification or amendment hereof, shall in any way be construed as enlarging, changing, varying or in any other way affecting the obligations of the Insurer as expressly provided in any Policy, except insofar as the
provisions hereof are made a part of the Policy by the beneficiary designation executed by the Corporation and filed with the Insurer in connection herewith. 
 11. Assignment by Employee. Notwithstanding any provision hereof to the contrary, the Employee shall have the right to absolutely and irrevocably assign by gift all of his right, title and
interest in and to this Agreement and to any Policy to an assignee. This right shall be exercisable by the execution and delivery to the Corporation of a written assignment, in substantially the form attached hereto as Exhibit B, which by this
reference is made a part hereof, with respect to each Policy. Upon receipt of such written assignment executed by the Employee and duly accepted by the assignee thereof, the Corporation shall consent thereto in writing, and shall thereafter treat
the Employee’s assignee as the sole owner of all of the Employee’s right, title and interest in and to this Agreement and in and to that Policy. Thereafter, the Employee shall have no right, title or interest in and to this Agreement or
the assigned Policy, all such rights being vested in and exercisable only by such assignee. 
 12. Named Fiduciary,
Determination of Benefits, Claims Procedure and Administration. 
 a. The Corporation is hereby designated as the named
fiduciary under this Agreement. The named fiduciary shall have authority to control and manage the operation and administration of this Agreement, and it shall be responsible for establishing and carrying out a funding policy and method consistent
with the objectives of this Agreement. 
  

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 b. Claim. A Participant, beneficiary or other person who believes that he or she is
being denied a benefit to which he or she is entitled (hereinafter referred to as “Claimant”), or his or her duly authorized representative, may file a written request for such benefit with the President of the Corporation (the “First
Level Reviewer”), setting forth his or her claim. Such claim must be addressed to the President of the Corporation, at its then principal place of business. 
 c. Claim Decision. Upon receipt of a claim, the First Level Reviewer shall advise the Claimant that a reply will be forthcoming within a reasonable period of time, but ordinarily not later than
ninety days, and shall, in fact, deliver such reply within such period. However, the First Level Reviewer may extend the reply period for an additional ninety days for reasonable cause. If the reply period will be extended, the First Level Reviewer
shall advise the Claimant in writing during the initial 90-day period indicating the special circumstances requiring an extension and the date by which the First Level Reviewer expects to render the benefit determination. 
 If the claim is denied in whole or in part, the First Level Reviewer will render a written opinion, using language calculated to be
understood by the Claimant, setting forth: 
 (1) the specific reason or reasons for the denial; 
 (2) the specific references to pertinent Plan provisions on which the denial is based; 
 (3) a description of any additional material or information necessary for the Claimant to perfect the claim and an explanation as to why
such material or such information is necessary; 
 (4) appropriate information as to the steps to be taken if the Claimant
wishes to submit the claim for review, including a statement of the Claimant’s right to bring a civil action under Section 502(a) of ERISA following an adverse benefit determination on review; and 
 (5) the time limits for requesting a review of the denial under subparagraph c hereof and for the actual review of the denial under
subparagraph d hereof. 
 d. Request for Review. Within sixty days after the receipt by the Claimant of the written
opinion described above, the Claimant may request in writing that the Secretary of the Corporation (the “Second Level Reviewer”) review the First Level Reviewer’s prior determination. Such request must be addressed to the Secretary of
the Corporation, at its then principal place of business. The Claimant or his or her duly authorized representative may submit written comments, documents, records or other information relating to the denied claim, which such information shall be
considered in the review under this subparagraph without regard to whether such information was submitted or considered in the initial benefit determination. 
  

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 The Claimant or his or her duly authorized representative shall be provided, upon request
and free of charge, reasonable access to, and copies of, all documents, records and other information which (i) was relied upon by the First Level Reviewer in making its initial claims decision, (ii) was submitted, considered or generated
in the course of the First Level Reviewer making its initial claims decision, without regard to whether such instrument was actually relied upon by the First Level Reviewer in making its decision or (iii) demonstrates compliance by the First
Level Reviewer with its administrative processes and safeguards designed to ensure and to verify that benefit claims determinations are made in accordance with governing Plan documents and that, where appropriate, the Plan provisions have been
applied consistently with respect to similarly situated claimants. If the Claimant does not request a review of the First Level Reviewer’s determination within such sixty-day period, he or she shall be barred and estopped from challenging such
determination. 
 e. Review of Decision. Within a reasonable period of time, ordinarily not later than sixty days, after
the Second Level Reviewer’s receipt of a request for review, it will review the First Level Reviewer’s prior determination. If special circumstances require that the sixty-day time period be extended, the Second Level Reviewer will so
notify the Claimant within the initial 60-day period indicating the special circumstances requiring an extension and the date by which the Second Level Reviewer expects to render its decision on review, which shall be as soon as possible but not
later than 120 days after receipt of the request for review. In the event that the Second Level Reviewer extends the determination period on review due to a Claimant’s failure to submit information necessary to decide a claim, the period for
making the benefit determination on review shall not take into account the period beginning on the date on which notification of extension is sent to the Claimant and ending on the date on which the Claimant responds to the request for additional
information. 
 The Second Level Reviewer has discretionary authority to determine a Claimant’s eligibility for benefits
and to interpret the terms of the Plan. Benefits under the Plan will be paid only if the Second Level Reviewer decides in its discretion that the Claimant is entitled to such benefits. The decision of the Second Level Reviewer shall be final and
non-reviewable, unless found to be arbitrary and capricious by a court of competent review. Such decision will be binding upon the Employer and the Claimant. 
  

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 If the Second Level Reviewer makes an adverse benefit determination on review, the Second
Level Reviewer will render a written opinion, using language calculated to be understood by the Claimant, setting forth: 
 (1)
the specific reason or reasons for the denial; 
 (2) the specific references to pertinent Plan provisions on which the denial
is based; 
 (3) a statement that the Claimant is entitled to receive, upon request and free of charge, reasonable access to,
and copies of, all documents, records and other information which (i) was relied upon by the Second Level Reviewer in making its decision, (ii) was submitted, considered or generated in the course of the Second Level Reviewer making its
decision, without regard to whether such instrument was actually relied upon by the Second Level Reviewer in making its decision or (iii) demonstrates compliance by the Second Level Reviewer with its administrative processes and safeguards
designed to ensure and to verify that benefit claims determinations are made in accordance with governing Plan documents, and that, where appropriate, the Plan provisions have been applied consistently with respect to similarly situated claimants;
and 
 (4) a statement of the Claimant’s right to bring a civil action under Section 502(a) of ERISA following the
adverse benefit determination on such review. 
  

 10 

 13. Amendment. This Agreement may not be amended, altered or modified,
except by a written instrument signed by the parties hereto, or their respective successors or assigns, and may not be otherwise terminated except as provided herein. 
 14. Binding Effect. This Agreement shall be binding upon and inure to the benefit of the Corporation and its successors and assigns, and the Employee, his successors, assigns, heirs,
executors, administrators and beneficiaries. 
 15. Notices. Any notice, consent or demand required or
permitted to be given under the provisions of this Agreement shall be in writing, and shall be signed by the party giving or making the same. If such notice, consent or demand is mailed to a party hereto, it shall be sent by United States certified
mail, postage prepaid, addressed to such party's last known address as shown on the records of the Corporation. The date of such mailing shall be deemed the date of notice, consent or demand. 
 16. Governing Law. This Agreement, and the rights of the parties hereunder, shall be governed by and construed in accordance
with the laws of the State of Florida. 
 IN WITNESS WHEREOF, the parties hereto have executed this Agreement, in duplicate, as
of the day and year first above written. 
  

							
		 		 	MASTEC, INC.
				
		 		 	By:	 	 /s/ C. Robert Campbell

	ATTEST:	 		 		 	“Corporation”
	 /s/ Cristina Canales
	 		 		 	
	Assistant Secretary	 		 		 	
		 		 	 /s/ Jorge R. Mas

		 		 		 	“Employee”

  

 11 

 EXHIBIT A 
 The following life insurance policy or policies is/are subject to the attached Split-Dollar Agreement: 
 Policy 1: 
  

			
	Insurer:	  	METROPOLITAN LIFE INSURANCE COMPANY
		
	Insured:	  	Jorge Mas
		
	Policy Number:	  	967990009U
		
	Face Amount:	  	$10,000,000
		
	Date of Issue:	  	June 1, 1996

 Policy 2: 

			
	Insurer:	  	JOHN HANCOCK VARIABLE LIFE INSURANCE COMPANY
		
	Insured:	  	Jorge Mas
		
	Policy Number:	  	59 416 001
		
	Face Amount:	  	$40,000,000 of the $80,000,000 face amount of the Policy
		
	Date of Issue:	  	August 27, 2002

 Policy 3: 
  

			
	Insurer:	  	PHOENIX LIFE INSURANCE COMPANY
		
	Insured:	  	Jorge Mas and Aleyda Mas
		
	Policy Number:	  	11203773
		
	Face Amount:	  	$20,000,000
		
	Date of Issue:	  	November 25, 2002

  

 12 

 Policy 4: 
  

			
	Insurer:	  	GENERAL AMERICAN LIFE INSURANCE COMPANY
		
	Insured:	  	Jorge Mas and Aleyda Mas
		
	Policy Number:	  	16052149
		
	Face Amount:	  	$30,000,000
		
	Date of Issue:	  	August 27, 2002

  

 13 

 EXHIBIT B 
 THIS ASSIGNMENT, dated this              day of
                    , 20     
 WITNESSETH THAT: 
 WHEREAS, the undersigned (the
“Assignor”) is the Employee under that certain Split-Dollar Agreement between MasTec, Inc., a Florida corporation (the “Company”) and Jorge Mas dated 28th day of October, 2009, effective as of October 28, 2009, (the “Split-Dollar Agreement”), which
Split-Dollar Agreement confers upon the undersigned certain rights and benefits with regard to one or more policies of insurance insuring the Assignor’s life; and 
 WHEREAS, pursuant to the provisions of said Split-Dollar Agreement, the Assignor retained the right, exercisable by the execution and delivery to the Company of a written form of assignment, to absolutely
and irrevocably assign all of the Assignor’s right, title and interest in and to said Split-Dollar Agreement to an assignee; and 
 WHEREAS, the Assignor desires to exercise said right; 
 NOW, THEREFORE, the Assignor, without consideration, and
intending to make a gift, hereby absolutely and irrevocably assigns, gives, grants and transfers to
                             (the “Assignee”), all of the Assignor’s right, title and interest
in and to the Split-Dollar Agreement and said policies of insurance, intending that, from and after this date, the Split-Dollar Agreement be solely between the Company and the Assignee and that hereafter the Assignor shall neither have nor retain
any right, title or interest therein. 
  

	
	  

	 Jorge Mas, Assignor

  

 14 

 Page 2, EXHIBIT B 
 ACCEPTANCE OF ASSIGNMENT 
 The undersigned Assignee
hereby accepts the above assignment of all right, title and interest of the Assignor therein in and to the Split-Dollar Agreement, and the undersigned hereby agrees to be bound by all of the terms and conditions of said Split-Dollar Agreement, as if
the original Employee thereunder. 
  

			
	                                      DATED
                    , 20    

		
		 	
	                                        
 , Trustee

	 Assignee
	 	
		
	 Dated
	 	
	                                        
         , 20    

  

 15 

 CONSENT TO ASSIGNMENT 
 The undersigned Company hereby consents to the foregoing assignment of all of the right, title and interest of the Assignor in and to the
Split-Dollar Agreement, to the Assignee designated therein. The undersigned Company hereby agrees that, from and after the date hereof, the undersigned Company shall look solely to such Assignee for the performance of all obligations under said
Split-Dollar Agreement which were heretofore the responsibility of the Assignor, shall allow all rights and benefits provided therein to the Assignor to be exercised only by said Assignee, and shall hereafter treat said Assignee in all respects as
if the original Employee thereunder. 
  

			
	 MASTEC, INC.

		
	By:	 	  

  

 16

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