Document:

Exhibit 4.1

		
			Exhibit 4.1
		

		
			 
		

		
			AMENDED AND RESTATED TUTOR PERINI CORPORATION
		

		
			LONG-TERM INCENTIVE PLAN
		

		
			(as amended on October 2, 2014)
		

		
			SECTION 1. GENERAL PURPOSE OF THE PLAN; DEFINITIONS
		

		
			The name of the plan is the Tutor Perini Corporation Amended and Restated Long-Term Incentive Plan (the “Amended Plan”).  The purpose of the Plan is to encourage and enable the officers, employees, non-employee directors and other key persons (including consultants and prospective employees) of  Tutor Perini Corporation (the “Company”) and its Subsidiaries upon whose judgment, initiative and efforts the Company largely depends for the successful conduct of its business to acquire a proprietary interest in the Company. It is anticipated that providing such persons with a direct stake in the Company’s welfare will assure a closer identification of their interests with those of the Company, thereby stimulating their efforts on the Company’s behalf and strengthening their desire to remain with the Company.
		

		
			The following terms shall be defined as set forth below:
		

		
			“Act” means the Securities Act of 1933, as amended, and the rules and regulations thereunder.
		

		
			“Administrator” is defined in Section 2(a).
		

		
			“Award” or “Awards,” except where referring to a particular category of grant under the Plan, shall include Incentive Stock Options, Non-Qualified Stock Options, Stock Appreciation Rights, Deferred Stock Awards, Restricted Stock Awards, Unrestricted Stock Awards and Dividend Equivalent Rights.
		

		
			“Board” means the Board of Directors of the Company.
		

		
			“Code” means the Internal Revenue Code of 1986, as amended, and any successor Code, and related rules, regulations and interpretations.
		

		
			“Committee” means the Committee of the Board referred to in Section 2.
		

		
			“Covered Employee” means an employee who is a “Covered Employee” within the meaning of Section 162(m) of the Code.
		

		
			“Deferred Stock Award” means Awards granted pursuant to Section 8.
		

		
			“Dividend Equivalent Right” means Awards granted pursuant to Section 11.
		

		
			“Effective Date” has the meaning set forth in Section 17.
		

		
			“Exchange Act” means the Securities Exchange Act of 1934, as amended, and the rules and regulations thereunder.
		

		
			“Fair Market Value” of the Stock on any given date means the fair market value of the Stock determined by its closing price on the New York Stock Exchange. If there are no market quotations for such date, the determination shall be made by reference to the last date preceding such date for which there are market quotations.
		

		
			“Incentive Stock Option” means any Stock Option designated and qualified as an “incentive stock option” as defined in Section 422 of the Code.
		

		
			“Non-Qualified Stock Option” means any Stock Option that is not an Incentive Stock Option.
		

		
			“Option” or “Stock Option” means any option to purchase shares of Stock granted pursuant to Section 5.
		

		
			“Performance Cycle” means one or more periods of time, which may be of varying and overlapping durations, as the Administrator may select, over which the attainment of one or more performance criteria will be measured for the purpose of determining a grantee’s right to and the payment of a Restricted Stock Award or Deferred Stock Award.
		

		
			“Performance Goals” is defined in Appendix A.
		

		
			“Restricted Stock Award” means Awards granted pursuant to Section 7.
		

		
			“Section 162(m) Award” is defined in Section 10.
		

		

		

		 

 

		“Stock” means the Common Stock, par value $1.00 per share, of the Company.
		

		
			“Stock Appreciation Right” means any Award granted pursuant to Section 6.
		

		
			“Subsidiary” means any corporation or other entity (other than the Company) in which the Company has a controlling interest, either directly or indirectly.
		

		
			“Unrestricted Stock Award” means any Award granted pursuant to Section 9.
		

		
			SECTION 2. ADMINISTRATION OF PLAN; ADMINISTRATOR AUTHORITY TO SELECT GRANTEES AND DETERMINE AWARDS
		

			
	
			
				 (a)
			

			
	
			
			Committee. The Plan shall be administered by the Compensation Committee of the Board  of Directors (the “Administrator”).

			
	
			
				 (b)
			

			
	
			
			Powers of Administrator. The Administrator shall have the power and authority to grant Awards consistent with the terms of the Plan, including the power and authority:

			
	
			
				 (i)
			

			
	
			
			to select the individuals to whom Awards may from time to time be granted;

			
	
			
				 (ii)
			

			
	
			
			to determine the time or times of grant, and the extent, if any, of Incentive Stock Options, Non-Qualified Stock Options, Stock Appreciation Rights, Restricted Stock Awards, Deferred Stock Awards, Unrestricted Stock Awards and Dividend Equivalent Rights, or any combination of the foregoing, granted to any one or more grantees;

			
	
			
				 (iii)
			

			
	
			
			to determine the number of shares of Stock to be covered by any Award;

			
	
			
				 (iv)
			

			
	
			
			to determine and modify from time to time the terms and conditions, including restrictions, not inconsistent with the terms of the Plan, of any Award, which terms and conditions may differ among individual Awards and grantees, and to approve the form of written instruments evidencing the Awards;

			
	
			
				 (v)
			

			
	
			
			to accelerate at any time the exercisability or vesting of all or any portion of any Award;

			
	
			
				 (vi)
			

			
	
			
			subject to the provisions of Section 5(a)(ii), to extend at any time the period in which Stock Options may be exercised;

			
	
			
				 (vii)
			

			
	
			
			to determine at any time whether, to what extent, and under what circumstances distribution or the receipt of Stock and other amounts payable with respect to an Award shall be deferred either automatically or at the election of the grantee and whether and to what extent the Company shall pay or credit amounts constituting interest (at rates determined by the Administrator) or dividends or deemed dividends on such deferrals; and

			
	
			
				 (viii)
			

			
	
			
			at any time to adopt, alter and repeal such rules, guidelines and practices for administration of the Plan and for its own acts and proceedings as it shall deem advisable; to interpret the terms and provisions of the Plan and any Award (including related written instruments); to make all determinations it deems advisable for the administration of the Plan; to decide all disputes arising in connection with the Plan; and to otherwise supervise the administration of the Plan.

		
			All decisions and interpretations of the Administrator shall be binding on all persons, including the Company and Plan grantees.
		

			
	
			
				 (c)
			

			
	
			
			Delegation of Authority to Grant Awards. The Administrator, in its discretion, may delegate to the Chief Executive Officer of the Company all or part of the Administrator’s authority and duties with respect to the granting of Awards, to individuals who are not subject to the reporting and other provisions of Section 16 of the Exchange Act and who are not Covered Employees. Any such delegation by the Administrator shall include a limitation as to the amount of Awards that may be granted during the period of the delegation and shall contain guidelines as to the determination of the exercise price of any Stock Option or Stock Appreciation Right, the conversion ratio or price of other Awards and the vesting criteria. The Administrator may revoke or amend the terms of a delegation at any time but such action shall not invalidate any prior actions of the Administrator’s delegate or delegates that were consistent with the terms of the Plan.

		 

 

			
	
			
				 (d)
			

			
	
			
			Indemnification. Neither the Board nor the Committee, nor any member of either or any delegatee thereof, shall be liable for any act, omission, interpretation, construction or determination made in good faith in connection with the Plan, and the members of the Board and the Committee (and any delegatee thereof) shall be entitled in all cases to indemnification and reimbursement by the Company in respect of any claim, loss, damage or expense (including, without limitation, reasonable attorneys’ fees) arising or resulting therefrom to the fullest extent permitted by law and/or under any directors’ and officers’ liability insurance coverage which may be in effect from time to time.

		
			SECTION 3. STOCK ISSUABLE UNDER THE PLAN; MERGERS; SUBSTITUTION
		

			
	
			
				 (a)
			

			
	
			
			Stock Issuable. The maximum number of shares of Stock reserved and available for issuance under the Plan shall be 8,500,000 shares, subject to adjustment as provided in Section 3(b). For purposes of this limitation, the shares of Stock underlying any Awards (including any awards granted pursuant to the Company’s Special Equity Incentive Plan) which are forfeited, canceled, held back upon exercise of an Option or settlement of an Award to cover the exercise price or tax withholding, reacquired by the Company prior to vesting, satisfied without the issuance of Stock or otherwise terminated (other than by exercise) shall be added back to the shares of Stock available for issuance under the Plan. Subject to such overall limitations, shares of Stock may be issued up to such maximum number pursuant to any type or types of Award; provided, however, that Stock Options or Stock Appreciation Rights with respect to no more than 500,000   shares of Stock (subject to adjustment as provided in Section 3(b)) may be granted to any one individual grantee during any one calendar-year period.  If any award of restricted stock or deferred stock granted to an individual is intended to qualify as “performance based compensation” under Section 162(m) of the Code, then the maximum award shall not exceed 500,000 shares of Common Stock (subject to adjustment as provided in Section 3(b)) to any one such individual in any calendar-year period.  Effective August   12, 2014 the minimum vesting period for stock options and stock appreciation rights shall be six months. The shares available for issuance under the Plan may be authorized but unissued shares of Stock or shares of Stock reacquired by the Company.

			
	
			
				 (b)
			

			
	
			
			Changes in Stock. Subject to Section 3(c) hereof, if, as a result of any reorganization, recapitalization, reclassification, stock dividend, stock split, reverse stock split or other similar change in the Company’s capital stock, the outstanding shares of Stock are increased or decreased or are exchanged for a different number or kind of shares or other securities of the Company, or additional shares or new or different shares or other securities of the Company or other non-cash assets are distributed with respect to such shares of Stock or other securities, or, if, as a result of any merger or consolidation, sale of all or substantially all of the assets of the Company, the outstanding shares of Stock are converted into or exchanged for a different number or kind of securities of the Company or any successor entity (or a parent or subsidiary thereof), the Administrator shall make an appropriate or proportionate adjustment in (i) the maximum number of shares reserved for issuance under the Plan, (ii) the number of Stock Options or Stock Appreciation Rights that can be granted to any one individual grantee and the maximum number of shares that may be granted under a Performance-based Award, (iii) the number and kind of shares or other securities subject to any then outstanding Awards under the Plan, (iv) the repurchase price, if any, per share subject to each outstanding Restricted Stock Award, and (v) the price for each share subject to any then outstanding Stock Options and Stock Appreciation Rights under the Plan, without changing the aggregate exercise price (i.e., the exercise price multiplied by the number of Stock Options and Stock Appreciation Rights) as to which such Stock Options and Stock Appreciation Rights remain exercisable. The adjustment by the Administrator shall be final, binding and conclusive. No fractional shares of Stock shall be issued under the Plan resulting from any such adjustment, but the Administrator in its discretion may make a cash payment in lieu of fractional shares.

		
			The Administrator may also adjust the number of shares subject to outstanding Awards and the exercise price and the terms of outstanding Awards to take into consideration material changes in accounting practices or principles, unusual or non-recurring events, extraordinary dividends, acquisitions or dispositions of stock or property or any other event if it is determined by the Administrator that such adjustment is appropriate to avoid distortion in the operation of the Plan, provided that no such adjustment shall be made in the case of an Incentive Stock Option, without the consent of the grantee, if it would constitute a modification, extension or renewal of the Option within the meaning of Section 424(h) of the Code.
		

		 

 

			
	
			
				 (c)
			

			
	
			
			Mergers and Other Transactions. In the case of and subject to the consummation of (i) the dissolution or liquidation of the Company, (ii) the sale of all or substantially all of the assets of the Company on a consolidated basis to an unrelated person or entity, (iii) a merger, reorganization or consolidation in which the outstanding shares of Stock are converted into or exchanged for a different kind of securities of the successor entity and the holders of the Company’s outstanding voting power immediately prior to such transaction do not own 40 percent or more of the outstanding voting power of the successor entity immediately upon completion of such transaction, or (iv) the sale of 60 percent or more of the Stock of the Company to an unrelated person or entity (in each case, a “Sale Event”), all Options and Stock Appreciation Rights that are not exercisable immediately prior to the effective time of the Sale Event shall become fully exercisable as of the effective time of the Sale Event and all other Awards shall become fully vested and nonforfeitable as of the effective time of the Sale Event, except as the Administrator may otherwise specify with respect to particular Awards in the relevant Award documentation. Upon the effective time of the Sale Event, the Plan and all outstanding Awards granted hereunder shall terminate, unless provision is made in connection with the Sale Event in the sole discretion of the parties thereto for the assumption or continuation of Awards theretofore granted by the successor entity, or the substitution of such Awards with new Awards of the successor entity or parent thereof, with appropriate adjustment as to the number and kind of shares and, if appropriate, the per share exercise prices, as such parties shall agree (after taking into account any acceleration hereunder). In the event of such termination, each grantee shall be permitted, within a specified period of time prior to the consummation of the Sale Event as determined by the Administrator, to exercise all outstanding Options and Stock Appreciation Rights held by such grantee, including those that will become exercisable upon the consummation of the Sale Event; provided, however, that the exercise of Options and Stock Appreciation Rights not exercisable prior to the Sale Event shall be subject to the consummation of the Sale Event.

		
			Notwithstanding anything to the contrary in this Section 3(c), in the event of a Sale Event pursuant to which holders of the Stock of the Company will receive upon consummation thereof a cash payment for each share surrendered in the Sale Event, the Company shall have the right, but not the obligation, to make or provide for a cash payment to the grantees holding Options and Stock Appreciation Rights, in exchange for the cancellation thereof, in an amount equal to the difference between (A) the value as determined by the Administrator of the consideration payable per share of Stock pursuant to the Sale Event (the “Sale Price”) times the number of shares of Stock subject to outstanding Options and Stock Appreciation Rights (to the extent then exercisable at prices not in excess of the Sale Price) and (B) the aggregate exercise price of all such outstanding Options and Stock Appreciation Rights.
		

			
	
			
				 (d)
			

			
	
			
			Substitute Awards. The Administrator may grant Awards under the Plan in substitution for stock and stock based awards held by employees, directors or other key persons of another corporation in connection with the merger or consolidation of the employing corporation with the Company or a Subsidiary or the acquisition by the Company or a Subsidiary of property or stock of the employing corporation. The Administrator may direct that the substitute awards be granted on such terms and conditions as the Administrator considers appropriate in the circumstances. Any substitute Awards granted under the Plan shall not count against the share limitation set forth in Section 3(a).

		
			SECTION 4. ELIGIBILITY
		

		
			Grantees under the Plan will be such full or part-time officers and other employees, non-employee directors and key persons (including consultants and prospective employees) of the Company and its Subsidiaries as are selected from time to time by the Administrator in its sole discretion.
		

		

		

		 

 

		SECTION 5. STOCK OPTIONS
		

		
			Any Stock Option granted under the Plan shall be in such form as the Administrator may from time to time approve.
		

		
			Stock Options granted under the Plan may be either Incentive Stock Options or Non-Qualified Stock Options. Incentive Stock Options may be granted only to employees of the Company or any Subsidiary that is a “subsidiary corporation” within the meaning of Section 424(f) of the Code. To the extent that any Option does not qualify as an Incentive Stock Option, it shall be deemed a Non-Qualified Stock Option.
		

			
	
			
				 (a)
			

			
	
			
			Grant of Stock Options. The Administrator in its discretion may grant Stock Options to eligible employees, non-employee directors and key persons of the Company or any Subsidiary. Stock Options granted pursuant to this Section 5(a) shall be subject to the following terms and conditions and shall contain such additional terms and conditions, not inconsistent with the terms of the Plan, as the Administrator shall deem desirable. If the Administrator so determines, Stock Options may be granted in lieu of cash compensation at the optionee’s election, subject to such terms and conditions as the Administrator may establish and subject to the limitations of Section 409A of the Code.

			
	
			
				 (i)
			

			
	
			
			Exercise Price. The exercise price per share for the Stock covered by a Stock Option granted pursuant to this Section 5(a) shall be determined by the Administrator at the time of grant but shall not be less than 100 percent of the Fair Market Value on the date of grant.   If an employee owns or is deemed to own (by reason of the attribution rules of Section 424(d) of the Code) more than 10 percent of the combined voting power of all classes of stock of the Company or any parent or subsidiary corporation and an Incentive Stock Option is granted to such employee, the option price of such Incentive Stock Option shall be not less than 110 percent of the Fair Market Value on the grant date.

			
	
			
				 (ii)
			

			
	
			
			Option Term. The term of each Stock Option shall be fixed by the Administrator, but no Stock Option shall be exercisable more than 10 years after the date the Stock Option is granted. If an employee owns or is deemed to own (by reason of the attribution rules of Section 424(d) of the Code) more than 10 percent of the combined voting power of all classes of stock of the Company or any parent or subsidiary corporation and an Incentive Stock Option is granted to such employee, the term of such Stock Option shall be no more than five years from the date of grant.

			
	
			
				 (iii)
			

			
	
			
			Exercisability; Rights of a Stockholder. Stock Options shall become exercisable at such time or times, whether or not in installments, as shall be determined by the Administrator at or after the grant date. The Administrator may at any time accelerate the exercisability of all or any portion of any Stock Option. An optionee shall have the rights of a stockholder only as to shares acquired upon the exercise of a Stock Option and not as to unexercised Stock Options.

			
	
			
				 (iv)
			

			
	
			
			Method of Exercise. Stock Options may be exercised in whole or in part, by giving written notice of exercise to the Company, specifying the number of shares to be purchased. Payment of the purchase price may be made by one or more of the following methods to the extent provided in the Option Award agreement:

			
	
			
				 (A)
			

			
	
			
			In cash, by certified or bank check or other instrument acceptable to the Administrator;

			
	
			
				 (B)
			

			
	
			
			Through the delivery (or attestation to the ownership) of shares of Stock that are not then subject to restrictions under any Company plan. Such surrendered shares shall be valued at Fair Market Value on the exercise date; or

			
	
			
				 (C)
			

			
	
			
			By the optionee delivering to the Company a properly executed exercise notice together with irrevocable instructions to a broker to promptly deliver to the Company cash or a check payable and acceptable to the Company for the purchase price; provided that in the event the optionee chooses to pay the purchase price as so provided, the optionee and the broker shall comply with such procedures and enter into such agreements of indemnity and other agreements as the Administrator shall prescribe as a condition of such payment procedure.

		

		

		 

 

		Payment instruments will be received subject to collection. The delivery of certificates representing the shares of Stock to be purchased pursuant to the exercise of a Stock Option will be contingent upon receipt from the optionee (or a purchaser acting in his stead in accordance with the provisions of the Stock Option) by the Company of the full purchase price for such shares and the fulfillment of any other requirements contained in the Option Award agreement or applicable provisions of laws. In the event an optionee chooses to pay the purchase price by previously-owned shares of Stock through the attestation method, the number of shares of Stock transferred to the optionee upon the exercise of the Stock Option shall be net of the number of shares attested to.
		

			
	
			
				 (v)
			

			
	
			
			Annual Limit on Incentive Stock Options. To the extent required for “incentive stock option” treatment under Section 422 of the Code, the aggregate Fair Market Value (determined as of the time of grant) of the shares of Stock with respect to which Incentive Stock Options granted under this Plan and any other plan of the Company or its parent and subsidiary corporations become exercisable for the first time by an optionee during any calendar year shall not exceed $100,000. To the extent that any Stock Option exceeds this limit, it shall constitute a Non-Qualified Stock Option.

			
	
			
				 (b)
			

			
	
			
			Non-transferability of Options. No Stock Option shall be transferable by the optionee otherwise than by will or by the laws of descent and distribution and all Stock Options shall be exercisable, during the optionee’s lifetime, only by the optionee, or by the optionee’s legal representative or guardian in the event of the optionee’s incapacity. Notwithstanding the foregoing, the Administrator, in its sole discretion, may provide in the Award agreement regarding a given Option that the optionee may transfer his Non-Qualified Stock Options to members of his immediate family, to trusts for the benefit of such family members, or to partnerships in which such family members are the only partners, provided that the transferee agrees in writing with the Company to be bound by all of the terms and conditions of this Plan and the applicable Option.

		
			SECTION 6. STOCK APPRECIATION RIGHTS
		

			
	
			
				 (a)
			

			
	
			
			Nature of Stock Appreciation Rights. A Stock Appreciation Right is an Award entitling the recipient to receive an amount in cash or shares of Stock or a combination thereof having a value equal to the excess of the Fair Market Value of the Stock on the date of exercise over the exercise price of the Stock Appreciation Right, which price shall not be less than 100 percent of the Fair Market Value of the Stock on the date of grant multiplied by the number of shares of Stock with respect to which the Stock Appreciation Right shall have been exercised, with the Administrator having the right to determine the form of payment.

			
	
			
				 (b)
			

			
	
			
			Grant and Exercise of Stock Appreciation Rights. Stock Appreciation Rights may be granted by the Administrator in tandem with, or independently of, any Stock Option granted pursuant to Section 5 of the Plan. In the case of a Stock Appreciation Right granted in tandem with a Non-Qualified Stock Option, such Stock Appreciation Right may be granted either at or after the time of the grant of such Option. In the case of a Stock Appreciation Right granted in tandem with an Incentive Stock Option, such Stock Appreciation Right may be granted only at the time of the grant of the Option.

		
			A Stock Appreciation Right or applicable portion thereof granted in tandem with a Stock Option shall terminate and no longer be exercisable upon the termination or exercise of the related Option.
		

			
	
			
				 (c)
			

			
	
			
			Terms and Conditions of Stock Appreciation Rights. Stock Appreciation Rights shall be subject to such terms and conditions as shall be determined from time to time by the Administrator, subject to the following:

			
	
			
				 (i)
			

			
	
			
			Stock Appreciation Rights granted in tandem with Options shall be exercisable at such time or times and to the extent that the related Stock Options shall be exercisable.

			
	
			
				 (ii)
			

			
	
			
			Stock Appreciation Rights granted independently of any Stock Options shall be exercisable at such time or times but shall not be exercisable more than 10 years after the date the Stock Appreciation Rights are granted.

			
	
			
				 (iii)
			

			
	
			
			Upon exercise of a Stock Appreciation Right, the applicable portion of any related Option shall be surrendered.

			
	
			
				 (iv)
			

			
	
			
			All Stock Appreciation Rights shall be exercisable during the grantee’s lifetime only by the grantee or the grantee’s legal representative.

		

		

		 

 

		SECTION 7. RESTRICTED STOCK AWARDS
		

			
	
			
				 (a)
			

			
	
			
			Nature of Restricted Stock Awards. A Restricted Stock Award is an Award entitling the recipient to acquire, at such purchase price (which may be zero) as determined by the Administrator, shares of Stock subject to such restrictions and conditions as the Administrator may determine at the time of grant (“Restricted Stock”). Conditions may be based on continuing employment (or other service relationship) and/or achievement of pre-established performance goals and objectives. The grant of a Restricted Stock Award is contingent on the grantee executing the Restricted Stock Award agreement. The terms and conditions of each such agreement shall be determined by the Administrator, and such terms and conditions may differ among individual Awards and grantees.

			
	
			
				 (b)
			

			
	
			
			Rights as a Stockholder. Upon execution of a written instrument setting forth the Restricted Stock Award and payment of any applicable purchase price, a grantee shall have the rights of a stockholder with respect to the voting of the Restricted Stock, subject to such conditions contained in the written instrument evidencing the Restricted Stock Award. Unless the Administrator shall otherwise determine, (i) uncertificated Restricted Stock shall be accompanied by a notation on the records of the Company or the transfer agent to the effect that they are subject to forfeiture until such Restricted Stock are vested as provided in Section 7(d) below, and (ii) certificated Restricted Stock shall remain in the possession of the Company until such Restricted Stock is vested as provided in Section 7(d) below, and the grantee shall be required, as a condition of the grant, to deliver to the Company such instruments of transfer as the Administrator may prescribe.

			
	
			
				 (c)
			

			
	
			
			Restrictions. Restricted Stock may not be sold, assigned, transferred, pledged or otherwise encumbered or disposed of except as specifically provided herein or in the Restricted Stock Award agreement. Except as may otherwise be provided by the Administrator either in the Award agreement or, subject to Section 14 below, in writing after the Award agreement is issued, if any, if a grantee’s employment (or other service relationship) with the Company and its Subsidiaries terminates for any reason, any Restricted Stock that has not vested at the time of termination shall automatically and without any requirement of notice to such grantee from or other action by or on behalf of, the Company be deemed to have been reacquired by the Company at its original purchase price from such grantee or such grantee’s legal representative simultaneously with such termination of employment (or other service relationship), and thereafter shall cease to represent any ownership of the Company by the grantee or rights of the grantee as a shareholder. Following such deemed reacquisition of unvested Restricted Stock that are represented by physical certificates, grantee shall surrender such certificates to the Company upon request without consideration.

			
	
			
				 (d)
			

			
	
			
			Vesting of Restricted Stock. The Administrator at the time of grant shall specify the date or dates and/or the attainment of pre-established performance goals, objectives and other conditions on which the non-transferability of the Restricted Stock and the Company’s right of repurchase or forfeiture shall lapse. Notwithstanding the foregoing, in the event that any such Restricted Stock shall have a performance-based goal, the restriction period with respect to such shares shall not be less than one year, and in the event any such Restricted Stock shall have a time-based restriction, the restriction period with respect to such shares shall not be less than three years. Subsequent to such date or dates and/or the attainment of such pre-established performance goals, objectives and other conditions, the shares on which all restrictions have lapsed shall no longer be Restricted Stock and shall be deemed “vested.” Except as may otherwise be provided by the Administrator either in the Award agreement or, subject to Section 14 below, in writing after the Award agreement is issued, a grantee’s rights in any shares of Restricted Stock that have not vested shall automatically terminate upon the grantee’s termination of employment (or other service relationship) with the Company and its Subsidiaries and such shares shall be subject to the provisions of Section 7(c) above.

		

		

		 

 

		SECTION 8. DEFERRED STOCK AWARDS
		

			
	
			
				 (a)
			

			
	
			
			Nature of Deferred Stock Awards. A Deferred Stock Award is an Award of phantom stock units to a grantee, subject to restrictions and conditions as the Administrator may determine at the time of grant. Conditions may be based on continuing employment (or other service relationship) and/or achievement of pre-established performance goals and objectives. The grant of a Deferred Stock Award is contingent on the grantee executing the Deferred Stock Award agreement. The terms and conditions of each such agreement shall be determined by the Administrator, and such terms and conditions may differ among individual Awards and grantees. Notwithstanding the foregoing, in the event that any such Deferred Stock Award shall have a performance-based goal, the restriction period with respect to such award shall not be less than one year, and in the event any such Deferred Stock Award shall have a time-based restriction, the restriction period with respect to such award shall not be less than three years. At the end of the deferral period, the Deferred Stock Award, to the extent vested, shall be paid to the grantee in the form of shares of Stock. Deferred Stock Awards may be paid in cash and/or stock.

			
	
			
				 (b)
			

			
	
			
			Election to Receive Deferred Stock Awards in Lieu of Compensation. The Administrator may, in its sole discretion, permit a grantee to elect to receive a portion of the cash compensation or Restricted Stock Award otherwise due to such grantee in the form of a Deferred Stock Award. Any such election shall be made in writing and shall be delivered to the Company no later than the date specified by the Administrator and in accordance with rules and procedures established by the Administrator. The Administrator shall have the sole right to determine whether and under what circumstances to permit such elections and to impose such limitations and other terms and conditions thereon as the Administrator deems appropriate, in all cases, consistent with the requirements of Section 409A of the Code.

			
	
			
				 (c)
			

			
	
			
			Rights as a Stockholder. During the deferral period, a grantee shall have no rights as a stockholder; provided, however, that the grantee may be credited with Dividend Equivalent Rights with respect to the phantom stock units underlying his Deferred Stock Award, subject to such terms and conditions as the Administrator may determine.

			
	
			
				 (d)
			

			
	
			
			Restrictions. A Deferred Stock Award may not be sold, assigned, transferred, pledged or otherwise encumbered or disposed of during the deferral period.

			
	
			
				 (e)
			

			
	
			
			Termination. Except as may otherwise be provided by the Administrator either in the Award agreement or, subject to Section 14 below, in writing after the Award agreement is issued, a grantee’s right in all Deferred Stock Awards that have not vested shall automatically terminate upon the grantee’s termination of employment (or cessation of service relationship) with the Company and its Subsidiaries for any reason.

		
			SECTION 9. UNRESTRICTED STOCK AWARDS
		

		
			The Administrator may, in its sole discretion, grant (or sell at par value or such higher purchase price determined by the Administrator) an Unrestricted Stock Award to any grantee pursuant to which such grantee may receive shares of Stock free of any restrictions (“Unrestricted Stock”) under the Plan. Unrestricted Stock Awards may be granted in respect of past services or other valid consideration, or in lieu of cash compensation due to such grantee.
		

		
			SECTION 10. PERFORMANCE-BASED SECTION 162(m) AWARDS TO COVERED EMPLOYEES
		

		
			 
		

			
	
			
				 (a)
			

			
	
			
			Performance Based Compensation. Restricted Stock Awards and Deferred Stock Awards granted to Covered Employees under the Plan may qualify as “performance-based compensation” under Section 162(m) of the Code and the regulations promulgated thereunder (a “Section 162(m) Award”) if the awards are granted or become payable or vested based upon the achievement of Performance Goals in accordance with this Section 10. Awards of Stock Options and Stock Appreciation Rights granted under the Plan are intended by their terms to qualify as Section 162(m) Awards.

			
	
			
				 (b)
			

			
	
			
			Performance Criteria. In the case of a Restricted Stock Award or Deferred Stock Award that is intended to be a Section 162(m) Award, the Administrator shall  make such determinations with respect to such an award and shall establish the objective performance criteria and the individual target award (if any) applicable to each participant or class of participants in writing within ninety (90) days after the beginning of the applicable Performance Cycle (or such other time period as is required under Section 162(m) of the Code) and while the outcome of the Performance Goals is substantially uncertain. The applicable performance criteria shall be based on one or more of the Performance Goals set forth in Appendix A hereto.

		 

 

			
	
			
				 (c)
			

			
	
			
			Grant; Vesting.

			
	
			
				 (i)
			

			
	
			
			Subject to the provisions of the Plan, the Administrator shall, in its sole discretion, have authority to determine the eligible participants to whom, and the time or times at which, Section 162(m) Awards shall be made, the vesting and payment provisions applicable to such awards, and all other terms and conditions of such awards. As and to the extent required by Section 162(m) of the Code, the terms of an award that is a Section 162(m) Award must state, in terms of an objective formula or standard, the method of computing the amount of compensation payable under the award, and must preclude discretion to increase the amount of compensation payable under the terms of the award (but may allow the Administrator discretion to decrease the amount of compensation payable).

			
	
			
				 (ii)
			

			
	
			
			For each participant, the Administrator may specify a targeted performance award. The individual target award may be expressed, at the Administrator’s discretion, as a fixed dollar amount, a percentage of base pay or total pay (excluding payments made under the Plan), or an amount determined pursuant to an objective formula or standard. Establishment of an individual target award for a participant for a calendar year shall not imply or require that the same level individual target award (if any such award is established by the Administrator for the relevant participant) be set for any subsequent calendar year. At the time the Performance Goals are established, the Administrator shall prescribe a formula to determine the percentages (which may be greater than 100%) of the individual target award which may be payable based upon the degree of attainment of the Performance Goals during the Performance Cycle.

			
	
			
				 (iii)
			

			
	
			
			The measurements used in Performance Goals set under the Plan shall be determined in accordance with generally accepted accounting principles, except, to the extent that any objective Performance Goals are used, if any measurements require deviation from generally accepted accounting principles, such deviation shall be at the discretion of the Administrator at the time the Performance Goals are set or at such later time to the extent permitted under Section 162(m) of the Code.

			
	
			
				 (d)
			

			
	
			
			Payment. At the expiration of the applicable Performance Cycle, the Administrator shall determine and certify in writing the extent to which the Performance Goals established pursuant to this Section 10 have been achieved and the percentage of the participant’s individual target award that has been vested and earned. Following the Administrator’s determination and certification in accordance with the foregoing, the Section 162(m) Award shall become vested and payable (or deferred, in the case of deferred stock units) in accordance with the terms and conditions of the applicable award agreement.

			
	
			
				 (e)
			

			
	
			
			Maximum Award Payable. The maximum Section 162(m) Award payable to any one Covered Employee under the Plan for a calendar year is 200,000 Shares (subject to adjustment as provided in Section 3(b) hereof).

		
			SECTION 11. DIVIDEND EQUIVALENT RIGHTS
		

			
	
			
				 (a)
			

			
	
			
			Dividend Equivalent Rights. A Dividend Equivalent Right is an Award entitling the grantee to receive credits based on cash dividends that would have been paid on the shares of Stock specified in the Dividend Equivalent Right (or other award to which it relates) if such shares had been issued to and held by the grantee. A Dividend Equivalent Right may be granted hereunder to any grantee as a component of another Award or as a freestanding award except with respect to an Award of a Stock Option or Stock Appreciation Right. The terms and conditions of Dividend Equivalent Rights shall be specified in the Award agreement. Dividend equivalents credited to the holder of a Dividend Equivalent Right may be paid currently or may be deemed to be reinvested in additional shares of Stock, which may thereafter accrue additional equivalents. Any such reinvestment shall be at Fair Market Value on the date of reinvestment or such other price as may then apply under a dividend reinvestment plan sponsored by the Company, if any. Dividend Equivalent Rights may be settled in cash or shares of Stock or a combination thereof, in a single installment or installments. A Dividend Equivalent Right granted as a component of another Award may provide that such Dividend Equivalent Right shall be settled upon exercise, settlement, or payment of, or lapse of restrictions on, such other award, and that such Dividend Equivalent Right shall expire or be forfeited or annulled under the same conditions as such other award. A Dividend Equivalent Right granted as a component of another Award may also contain terms and conditions different from such other award.

			
	
			
				 (b)
			

			
	
			
			Interest Equivalents. Any Award under this Plan that is settled in whole or in part in cash on a deferred basis may provide in the grant for interest equivalents to be credited with respect to such cash payment. Interest equivalents may be compounded and shall be paid upon such terms and conditions as may be specified by the grant.

		 

 

			
	
			
				 (c)
			

			
	
			
			Termination. Except as may otherwise be provided by the Administrator either in the Award agreement or, subject to Section 14 below, in writing after the Award agreement is issued, a grantee’s rights in all Dividend Equivalent Rights or interest equivalents granted as a component of another Award that has not vested shall automatically terminate upon the grantee’s termination of employment (or cessation of service relationship) with the Company and its Subsidiaries for any reason.

		
			SECTION 12. TAX WITHHOLDING
		

			
	
			
				 (a)
			

			
	
			
			Payment by Grantee. Each grantee shall, no later than the date as of which the value of an Award or of any Stock or other amounts received thereunder first becomes includable in the gross income of the grantee for Federal income tax purposes, pay to the Company, or make arrangements satisfactory to the Administrator regarding payment of, any Federal, state, or local taxes of any kind required by law to be withheld with respect to such income. The Company and its Subsidiaries shall, to the extent permitted by law, have the right to deduct any such taxes from any payment of any kind otherwise due to the grantee. The Company’s obligation to deliver stock certificates to any grantee is subject to and conditioned on tax obligations being satisfied by the grantee.

			
	
			
				 (b)
			

			
	
			
			Payment in Stock. Subject to approval by the Administrator, a grantee may elect to have the minimum required tax withholding obligation satisfied, in whole or in part, by (i) authorizing the Company to withhold from shares of Stock to be issued pursuant to any Award a number of shares with an aggregate Fair Market Value (as of the date the withholding is effected) that would satisfy the withholding amount due, or (ii) transferring to the Company shares of Stock owned by the grantee with an aggregate Fair Market Value (as of the date the withholding is effected) that would satisfy the withholding amount due.

		
			SECTION 13. TRANSFER, LEAVE OF ABSENCE, ETC.
		

		
			For purposes of the Plan, the following events shall not be deemed a termination of employment:
		

			
	
			
				 (a)
			

			
	
			
			a transfer to the employment of the Company from a Subsidiary or from the Company to a Subsidiary, or from one Subsidiary to another; or

			
	
			
				 (b)
			

			
	
			
			an approved leave of absence for military service or sickness, or for any other purpose approved by the Company, if the employee’s right to re-employment is guaranteed either by a statute or by contract or under the policy pursuant to which the leave of absence was granted or if the Administrator otherwise so provides in writing.

		
			SECTION 14. AMENDMENTS AND TERMINATION
		

		
			(a)          The Board may, at any time, amend or discontinue the Plan and the Administrator may, at any time, amend or cancel any outstanding Award, but no such action shall adversely affect rights under any outstanding Award without the holder’s consent subject to paragraph (b) below. Except as provided in Section 3(b) or 3(c), in no event may the Administrator exercise its discretion to (i) reduce the exercise price of an outstanding Stock Option or an outstanding Stock Appreciation Right, (ii) cancel outstanding Stock Options outstanding Stock Appreciation Rights in exchange for other Stock Options or other Stock Appreciation Rights with an exercise price that is less than the exercise price of the cancelled Stock Options or cancelled Stock Appreciation Rights, as applicable, or (iii) cancel an outstanding Stock Option or an outstanding Stock Appreciation Right with an exercise price that is less than the Fair Market Value of a share of Stock on the date of cancellation in exchange for cash or another Award.
		

		
			              Any material Plan amendments (other than amendments that curtail the scope of the Plan), including any Plan amendments that (i) increase the number of shares reserved for issuance under the Plan, (ii) expand the type of Awards available, materially expand the eligibility to participate or materially extend the term of the Plan, or (iii) materially change the method of determining Fair Market Value, shall be subject to approval by the Company stockholders entitled to vote at a meeting of stockholders. In addition, to the extent determined by the Administrator to be required by the Code to ensure that Incentive Stock Options granted under the Plan are qualified under Section 422 of the Code or to ensure that compensation earned under Awards qualifies as performance-based compensation under Section 162(m) of the Code, Plan amendments shall be subject to approval by the Company stockholders entitled to vote at a meeting of stockholders. Nothing in this Section 14 shall limit the Administrator’s authority to take any action permitted pursuant to Section 3(c).
		

		
			(b)         Notwithstanding any other provision of this Plan to the contrary, the Administrator may amend the Plan or an Award Agreement, to take effect retroactively or otherwise, as deemed necessary or advisable for the purpose of conforming the Plan or an outstanding Award to any law relating to plans of this or similar nature, and to the 
		

		 

 

		administrative regulations and rulings promulgated thereunder. By accepting an Award under this Plan, a grantee agrees to any amendment made pursuant to this Section 14(b) to the Plan and any Award without further consideration or action.
		

		
			 
		

		
			 
		

		
			SECTION 15. STATUS OF PLAN
		

		
			With respect to the portion of any Award that has not been exercised and any payments in cash, Stock or other consideration not received by a grantee, a grantee shall have no rights greater than those of a general creditor of the Company unless the Administrator shall otherwise expressly determine in connection with any Award or Awards. In its sole discretion, the Administrator may authorize the creation of trusts or other arrangements to meet the Company’s obligations to deliver Stock or make payments with respect to Awards hereunder, provided that the existence of such trusts or other arrangements is consistent with the foregoing sentence.
		

		
			SECTION 16. GENERAL PROVISIONS
		

			
	
			
				 (a)
			

			
	
			
			No Distribution; Compliance with Legal Requirements. The Administrator may require each person acquiring Stock pursuant to an Award to represent to and agree with the Company in writing that such person is acquiring the shares without a view to distribution thereof.

		
			No shares of Stock shall be issued pursuant to an Award until all applicable securities law and other legal and stock exchange or similar requirements have been satisfied. The Administrator may require the placing of such stop-orders and restrictive legends on certificates for Stock and Awards as it deems appropriate.
		

			
	
			
				 (b)
			

			
	
			
			Delivery of Stock Certificates. Stock certificates to grantees under this Plan shall be deemed delivered for all purposes when the Company or a stock transfer agent of the Company shall have mailed such certificates in the United States mail, addressed to the grantee, at the grantee’s last known address on file with the Company. Uncertificated Stock shall be deemed delivered for all purposes when the Company or a Stock transfer agent of the Company shall have given to the grantee by United States mail, addressed to the grantee, at the grantee’s last known address on file with the Company, notice of issuance and recorded the issuance in its records (which may include electronic “book entry” records).

			
	
			
				 (c)
			

			
	
			
			Other Compensation Arrangements; No Employment Rights. Nothing contained in this Plan shall prevent the Board from adopting other or additional compensation arrangements, including trusts, and such arrangements may be either generally applicable or applicable only in specific cases. The adoption of this Plan and the grant of Awards do not confer upon any employee any right to continued employment with the Company or any Subsidiary.

			
	
			
				 (d)
			

			
	
			
			Trading Policy Restrictions. Option exercises and other Awards under the Plan shall be subject to such Company’s insider trading policy and procedures, as in effect from time to time.

			
	
			
				 (e)
			

			
	
			
			Designation of Beneficiary. Each grantee to whom an Award has been made under the Plan may designate a beneficiary or beneficiaries to exercise any Award or receive any payment under any Award payable on or after the grantee’s death. Any such designation shall be on a form provided for that purpose by the Administrator and shall not be effective until received by the Administrator. If no beneficiary has been designated by a deceased grantee, or if the designated beneficiaries have predeceased the grantee, the beneficiary shall be the grantee’s estate.

		
			SECTION 17. EFFECTIVE DATE OF PLAN
		

		
			This Plan shall become effective upon approval by the holders of a majority of the votes cast at a meeting of stockholders at which a quorum is present. Subject to such approval by the stockholders and to the requirement that no Stock may be issued hereunder prior to such approval, Stock Options and other Awards may be granted hereunder on and after adoption of this Plan by the Board. No grants of Stock Options and other Awards may be made hereunder after the tenth (10th) anniversary of the Effective Date and no grants of Incentive Stock Options may be made hereunder after the tenth (10th) anniversary of the date the Plan is approved by the Board.
		

		
			SECTION 18. GOVERNING LAW
		

		
			This Plan and all Awards and actions taken thereunder shall be governed by, and construed in accordance with, the laws of the Commonwealth of Massachusetts, applied without regard to conflict of law principles.
		

		
			 
		

		

		

		 

 

		 
		

		
			 
		

		
			 
		

		
			 
		

		
			 
		

		
			 
		

		
			 
		

		
			 
		

		
			 
		

		
			 
		

		
			 
		

		
			 
		

		
			 
		

		
			Appendix A
		

		
			Section 162(m) Awards Performance Criteria
		

		
			An Award that is intended to qualify as a 162(m) Award shall be subject to one or more Performance Goals that shall be based on the attainment of a certain target level of, or a specified increase or decrease in, one or more of the following criteria selected by the Administrator:
		

			
					
						 

					
					
						 

					
					
						 

				
	
					
						   

					
					
						•

					
					
						earnings per share;

				
	
					
						   

					
					
						•

					
					
						operating income;

				

		
			 
		

			
					
						 

					
					
						 

					
					
						 

				
	
					
						   

					
					
						•

					
					
						gross income;

				
	
					
						   

					
					
						•

					
					
						net income (before or after taxes);

				

		
			 
		

			
					
						 

					
					
						 

					
					
						 

				
	
					
						   

					
					
						•

					
					
						cash flow;

				
	
					
						   

					
					
						•

					
					
						gross profit;

				

			
					
						 

					
					
						 

					
					
						 

				
	
					
						   

					
					
						•

					
					
						gross profit return on investment;

				
	
					
						   

					
					
						•

					
					
						gross margin return on investment;

				

		
			 
		

			
					
						 

					
					
						 

					
					
						 

				
	
					
						   

					
					
						•

					
					
						gross margin;

				
	
					
						   

					
					
						•

					
					
						funds from operations;

				
	
					
						   

					
					
						•

					
					
						operating margin;

				

		
			 
		

			
					
						 

					
					
						 

					
					
						 

				
	
					
						   

					
					
						•

					
					
						working capital;

				
	
					
						   

					
					
						•

					
					
						earnings before interest and taxes;

				

		
			 
		

			
					
						 

					
					
						 

					
					
						 

				
	
					
						   

					
					
						•

					
					
						earnings before interest, tax, depreciation and amortization;

				
	
					
						   

					
					
						•

					
					
						return on equity;

				

			
					
						 

					
					
						 

					
					
						 

				

		 

 

			
					
						   

					
					
						•

					
					
						return on assets;

				
	
					
						   

					
					
						•

					
					
						return on capital;

				

		
			 
		

			
					
						 

					
					
						 

					
					
						 

				
	
					
						   

					
					
						•

					
					
						return on invested capital;

				
	
					
						   

					
					
						•

					
					
						net revenues;

				

			
					
						 

					
					
						 

					
					
						 

				
	
					
						   

					
					
						•

					
					
						gross revenues;

				
	
					
						   

					
					
						•

					
					
						revenue growth;

				

			
					
						 

					
					
						 

					
					
						 

				
	
					
						   

					
					
						•

					
					
						annual recurring revenues;

				
	
					
						   

					
					
						•

					
					
						recurring revenues;

				

			
					
						 

					
					
						 

					
					
						 

				
	
					
						   

					
					
						•

					
					
						service revenues;

				
	
					
						   

					
					
						•

					
					
						license revenues;

				

			
					
						 

					
					
						 

					
					
						 

				
	
					
						   

					
					
						•

					
					
						sales or market share;

				
	
					
						   

					
					
						•

					
					
						total shareholder return;

				

			
					
						 

					
					
						 

					
					
						 

				
	
					
						   

					
					
						•

					
					
						economic value added;

				
	
					
						   

					
					
						•

					
					
						specified objectives with regard to limiting the level of increase in all or a portion of Tutor Perini’s bank debt or other long-term or short-term public or private debt or other similar financial obligations of Tutor Perini, which may be calculated net of cash balances and/or other offsets and adjustments as may be established by the Administrator in its sole discretion;

				

			
					
						 

					
					
						 

					
					
						 

				
	
					
						   

					
					
						•

					
					
						the fair market value of the shares of Tutor Perini’s Common Stock;

				
	
					
						   

					
					
						•

					
					
						the growth in the value of an investment in Tutor Perini’s Common Stock assuming the reinvestment of dividends; or

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						   

					
					
						•

					
					
						reduction in operating expenses.

				

		
			The Administrator may provide in any Award intended to qualify as a Section 162(m) Award that any evaluation of performance may include or exclude the impact, if any, on reported financial results of any of the following events that occurs during a Performance Period: (a) asset write-downs, (b) litigation or claim judgments or settlements, (c) changes in tax laws, accounting principles or other laws or provisions, (d) reorganization or restructuring programs, (e) acquisitions or divestitures, (f) discontinued operations, (g) foreign exchange gains and losses, (h) gains and losses that are treated as extraordinary items under Accounting Standards Codification Topic 225, or (i) an event either not directly related to the operations of Tutor Perini or not within the reasonable control of Tutor Perini’s management. To the extent such inclusions or exclusions affect Awards to Covered Employees; they shall be prescribed in a form that meets the requirements of Code Section 162(m) for deductibility.
		

		
			The Administrator retains the discretion to adjust otherwise payable Section 162(m) Award downward, either on a formula or discretionary basis or any combination, as the Administrator determines, in its sole discretion. However, Administrator does not have the authority to adjust upward any otherwise payable Section 162(m) Award.
		

		

		

		 

 

		Performance goals may also be based on an individual participant’s performance goals, as determined by the Administrator, in its sole discretion.
		

		
			Any Performance Goal may, as the Administrator, in its sole discretion deems appropriate, (i) relate to the performance of the Tutor Perini or any Subsidiary as a whole or any business unit or division of the Tutor Perini or any Subsidiary or any combination thereof, (ii) be compared to the performance of a group of comparator companies, or published or special index, (iii) be based on change in the applicable performance criteria over a specified period of time and such change may be measured based on an arithmetic change over the specified period (e.g., cumulative change or average change), or percentage change over the specified period (e.g., cumulative percentage change, average percentage change or compounded percentage change), (iv) relate to or be compared to one or more other performance criteria, or (v) any combination of the foregoing.
		

		
			The Administrator is under no obligation to structure Awards granted under the Amended Plan to qualify as 162(m) Awards and has the express authority to grant Awards that do not qualify as 162(m) Awards. Additionally, there is no guarantee that an Award that is intended to qualify as a 162(m) Award will so qualify in any particular circumstance. To maintain flexibility in compensating our executives, the Administrator reserves the right to use its judgment to grant or approve Awards or compensation that is non-deductible when the Administrator believes such Awards or compensation is appropriate.EX-10.1

 Exhibit 10.1 

Execution Copy 

SUBSCRIPTION AGREEMENT 
 by
and among 
 U.S. CONCRETE, INC., 

THE HOLDCO SELLERS, 
 and

 THE OTHER PARTIES HERETO 

dated as of 
 April 1, 2015 

 TABLE OF CONTENTS 
  

					
	 	  	Page	 
	 ARTICLE 1 CERTAIN DEFINITIONS
	  	 	1	  
		
	 1.1      Certain Defined Terms
	  	 	1	  
	 1.2      Other Interpretive Provisions
	  	 	1	  
	 1.3      Headings
	  	 	2	  
		
	 ARTICLE 2 SUBSCRIPTION
	  	 	2	  
		
	 2.1      Subscription
	  	 	2	  
		
	 ARTICLE 3 REPRESENTATIONS, WARRANTIES AND ACKNOWLEDGEMENTS CONCERNING THE HOLDCO SELLERS
	  	 	2	  
		
	 3.1      Authority
	  	 	3	  
	 3.2      No Conflict
	  	 	3	  
	 3.3      No Reliance
	  	 	3	  
	 3.4      Due Diligence
	  	 	3	  
	 3.5      Accredited Investor
	  	 	3	  
	 3.6      Acknowledgment Concerning Restrictions on Transfer or Sale of the Restricted Securities
	  	 	4	  
		
	 ARTICLE 4 REPRESENTATIONS AND WARRANTIES OF THE PARENT
	  	 	5	  
		
	 4.1      Organization
	  	 	5	  
	 4.2      No Conflicts
	  	 	5	  
	 4.3      Enforceability
	  	 	5	  
	 4.4      Restricted Securities
	  	 	5	  
		
	 ARTICLE 5 COVENANTS
	  	 	5	  
		
	 5.1      Further Assurances; Reasonable Efforts
	  	 	5	  
	 5.2      Share Purchase Agreement Indemnification
	  	 	5	  
		
	 ARTICLE 6 CLOSING
	  	 	6	  
		
	 6.1      Closing
	  	 	6	  
	 6.2      Deliveries; Closing Conditions
	  	 	6	  
	 6.3      Issuance of Securities
	  	 	7	  
		
	 ARTICLE 7 MISCELLANEOUS PROVISIONS
	  	 	7	  
		
	 7.1      Assignment
	  	 	7	  
	 7.2      Entire Agreement, Amendments and Waiver
	  	 	7	  
	 7.3      Notices
	  	 	7	  
	 7.4      Severability
	  	 	7	  
	 7.5      Counterparts
	  	 	8	  
	 7.6      Governing Law; Waiver of Jury Trial 
	  	 	8	  

  
 i 

					
	 	  	Page	 
	 7.7      Third Party Beneficiaries
	  	 	8	  
	 7.8      Specific Performance
	  	 	8	  
	 7.9      Spousal Acknowledgment
	  	 	8	  
	 7.10    Acknowledgment
	  	 	9	  

  
 ii 

 SUBSCRIPTION AGREEMENT 

This SUBSCRIPTION AGREEMENT (this “Agreement”), dated as of April 1, 2015, is entered into by and among U.S.
Concrete, Inc., a Delaware corporation (the “Parent”), Ferrara Family Holding Corp., a New York corporation (“Seller”), the undersigned Holdco Sellers in their capacity as the beneficial owners of
Seller as set forth on Exhibit A to the Share Purchase Agreement (such undersigned Holdco Sellers, each, a “Holdco Seller” and collectively, the “Holdco Sellers”). The Parent, Seller, and each
of the Holdco Sellers are sometimes collectively referred to herein as the “Parties” and individually as a “Party.” 

RECITALS 
 WHEREAS,
this Agreement is being delivered contemporaneously with, and pursuant to, that certain Share Purchase Agreement, dated as of the date hereof (the “Share Purchase Agreement”), by and among Ferrara Bros. Building Materials
Corp., a New York corporation (the “Company”), Seller, the Seller’s Representative (as defined in and appointed pursuant to the Share Purchase Agreement), and USCF&B AcquisitionCo, LLC a Delaware limited liability
company (“Buyer”), pursuant to which Buyer (at the time of the consummation of such transaction, an indirect wholly-owned subsidiary of Parent) is acquiring all of the issued and outstanding equity interests of the Company
from Seller; 
 WHEREAS, pursuant to the Share Purchase Agreement, each Holdco Seller wishes to subscribe for the number of shares of
common stock of the Parent, par value $0.001 per share (the “Parent Common Stock”) equal to (i) $15,000,000, divided by (ii) the Parent Average Share Price, multiplied by (iii) such Holdco
Seller’s Allocation Percentage, as consideration for the equity interests of the Company owned by Seller and indirectly owned by the Holdco Sellers as a result of their ownership interest of Seller; and 

WHEREAS, the Parent Common Stock issued pursuant to this Agreement is the Stock Purchase Price to be issued pursuant to, and subject
to, the terms of the Share Purchase Agreement and, upon the issuance of the Parent Common Stock to the Holdco Sellers pursuant to the terms hereof, Buyer and the Parent shall have satisfied their obligation to deliver the Stock Purchase Price
pursuant to the terms of the Share Purchase Agreement; 
 NOW, THEREFORE, in consideration of the mutual promises hereinafter
set forth and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Parties hereby agree as follows: 

Article 1 
 CERTAIN DEFINITIONS

 1.1 Certain Defined Terms. Capitalized terms used but not otherwise defined herein have the meanings ascribed to such
terms in the Share Purchase Agreement. 
 1.2 Other Interpretive Provisions. As used in this Agreement, unless expressly
stated otherwise or the context requires otherwise, (a) all references to an “Article,” “Section,” or “subsection” shall be to an Article, Section, or subsection of this Agreement, (b) the words “this
Agreement,” “hereof,” “hereunder,” “herein,” “hereby,” or words of similar import shall refer to this Agreement as a whole and not to a particular Article, Section, subsection, clause or other subdivision
hereof, (c) the words used herein shall include the masculine, feminine and neuter gender, and the singular and the plural, (d) the word “including” shall mean “including, without limitation,” (e) the word
“day” or “days” shall mean a calendar day or days, and (f) the word “or” shall mean “and/or.” The Parties have participated jointly in  

  
 1 

 
the negotiation and drafting of this Agreement. In the event an ambiguity or question of intent or interpretation arises, this Agreement shall be construed as if drafted jointly by the Parties,
and no presumption or burden of proof shall arise favoring or disfavoring any Party hereto by virtue of the authorship of any of the provisions of this Agreement. 

1.3 Headings. The headings of the Articles and Sections of this Agreement and of the Schedule and Appendix are included for
convenience only and shall not be deemed to constitute part of this Agreement or to affect the construction or interpretation hereof or thereof. 

Article 2 
 SUBSCRIPTION

 2.1 Subscription. 

(a) Subject to and in accordance with the respective terms and conditions of this Agreement and the Share Purchase Agreement, effective as of
the date on which the Parent Average Share Price is finally determined pursuant to the terms of the Share Purchase Agreement (the “Effective Time”), the Parent and each Holdco Seller agree that each Holdco Seller will
purchase from the Parent and the Parent will issue and sell to each Holdco Seller, the number of shares of Parent Common Stock equal to (i) $15,000,000, divided by (ii) the Parent Average Share Price (as finally determined pursuant
to the terms hereof and of the Share Purchase Agreement), multiplied by (iii) such Holdco Seller’s Allocation Percentage (the “Restricted Securities”), as consideration for the performance of those
transactions contemplated by Share Purchase Agreement. In connection with such purchase, issuance and sale, Seller hereby (i) consents to the issuance of such Restricted Securities directly to the Holdco Sellers in their capacity as the
stockholders of Seller and indirect stockholders of the Company and (ii) acknowledges and agrees that such issuance is in satisfaction of Buyer’s obligations under the Share Purchase Agreement and, upon the issuance of the Restricted
Securities pursuant to the terms of this Agreement, Buyer and Parent shall have satisfied their obligation under the Share Purchase Agreement to deliver the Stock Purchase Price as calculated and required pursuant to the terms of the Share Purchase
Agreement. 
 (b) Prior to or at the Effective Time, each Holdco Seller will execute and deliver to the Parent each of the deliveries set
forth in Section 6.2 hereof. 
 (c) Subject to and in accordance with the respective terms and conditions of this Agreement
(including the delivery of all applicable closing deliveries set forth in Section 6.2 hereof), upon and subject to the occurrence of the Effective Time, each Holdco Seller automatically and without any further action on the part of such
Holdco Seller or the Parent, shall be admitted as a stockholder of the Parent. 
 Article 3 

REPRESENTATIONS, WARRANTIES AND 

ACKNOWLEDGEMENTS CONCERNING THE HOLDCO SELLERS 

Each Holdco Seller, severally but not jointly, represents, warrants and acknowledges to the Parent and agrees to indemnify the Parent, the
Buyer Indemnitees, and their respective Affiliates and Representatives (collectively, the “Buyer Parties”) against, and shall hold each of them harmless from and against, and shall pay and reimburse each of them for, any and
all Losses incurred or sustained by, or imposed upon, the Buyer Parties based upon or arising out of any inaccuracy in or breach of any of the representations or warranties of Holdco Sellers set forth herein (including the Investor Questionnaires
delivered pursuant hereto), including any Losses which may arise under securities Laws based upon or 

  
 2 

 
arising out of such inaccuracy or breach (with each such representation and warranty being made as of the Effective Time); provided, however, that the aggregate liability of any
Holdco Seller arising from the inaccuracy or breach of any representation or warranty set forth herein shall not exceed an amount equal to the value of the Restricted Securities purchased by such Holdco Seller on the Effective Date, as such value
has been determined pursuant to the Share Purchase Agreement: 
 3.1 Authority. Such Holdco Seller has full legal capacity and
authority to enter into this Agreement and each other document related hereto to which it is or shall be a party and perform its obligations hereunder and thereunder. This Agreement and the other documents related hereto to which such Holdco Seller
is or shall be a party have been or will be duly executed and delivered by the Holdco Seller, and (assuming due authorization, execution and delivery hereof and thereof by the other parties hereto and thereto) constitute legal, valid and binding
obligations of the Holdco Seller, enforceable against the Holdco Seller in accordance with their terms, subject only to the effect, if any, of (a) applicable bankruptcy, insolvency, moratorium or other similar Laws affecting the rights of
creditors generally and (b) rules of law governing specific performance, injunctive relief and other equitable remedies. 

3.2 No Conflict. The execution, delivery and performance by such Holdco Seller of this Agreement and the consummation of the
transactions contemplated hereby, do not and will not (with or without the giving of notice, the lapse of time, or both) result in a violation or breach of, conflict with, cause increased liability or fees, or require approval, consent or
authorization under (a) any Laws applicable to the Holdco Seller or (b) any contract to which such Holdco Seller is a party or by which such Holdco Seller or any of its properties or assets may be bound or affected. 

3.3 No Reliance. Except as expressly set forth in Article V of the Share Purchase Agreement and in Article 4
hereof, such Holdco Seller acknowledges that the Parent has not made any representations or warranties, oral or otherwise, concerning the Buyer Parties or the Restricted Securities. In acquiring the Restricted Securities, the Holdco Seller is not
relying upon any information, other than (a) the results of its own or its representative’s independent review of the Parent and the Restricted Securities and (b) the representations and warranties of Parent expressly set forth in
Article V of the Share Purchase Agreement and in Article 4 hereof. 
 3.4 Due Diligence. Such Holdco
Seller has had an opportunity to ask questions and receive answers regarding the Parent and all such questions have been answered to its full satisfaction. Such Holdco Seller has had an opportunity to obtain all additional information necessary to
verify the accuracy of the foregoing. 
 3.5 Accredited Investor. Other than Joseph A. Ferrara 2011 J&J GC Grat,
which is not an accredited investor and has not provided a questionnaire, the certifications made, and information furnished, by such Holdco Seller in Appendix I in connection with this Agreement are true, correct, and complete, and, such
Holdco Seller is an “accredited investor” (as defined in Rule 501 of Regulation D promulgated under the Securities Act of 1933, as amended (the “Securities Act”)). The Holdco Seller is acquiring the
Restricted Securities for its own account for investment purposes, and not with a view to any distribution, resale, subdivision or fractionalization thereof in violation of the Securities Act or any other applicable domestic or foreign securities
Law. Such Holdco Seller is able to bear the substantial economic risks of an investment in the Restricted Securities for an indefinite period of time, has no need for liquidity in such investment and, at the present time, could afford a complete
loss of such investment. To the extent necessary, such Holdco Seller has retained, at its own expense, and relied upon, appropriate professional advice regarding the investment, Tax and legal merits and consequences of this Agreement and acquiring
the Restricted Securities. 

  
 3 

 3.6 Acknowledgment Concerning Restrictions on Transfer or Sale of the Restricted
Securities. 
 (a) Such Holdco Seller understands, agrees and acknowledges that (a) it is acquiring the Restricted Securities
solely for the undersigned’s own beneficial account, for investment purposes, and not with a view to, or for resale in connection with, any distribution of the Restricted Securities and (b) that the Restricted Securities have not been
registered under the Securities Act or applicable state securities Laws by reason of specific exemptions under the provisions thereof which depend in part upon the investment intent of such Holdco Seller and of the other representations made by such
Holdco Seller in this Agreement (and any supplemental information) for the purpose of determining whether this transaction meets the requirements for such exemptions. 

(b) Such Holdco Seller understands, agrees and acknowledges that the Restricted Securities are “restricted securities” under
applicable federal securities laws and that the Securities Act and the rules of the U.S. Securities and Exchange Commission (the “Commission”) provide in substance that such Holdco Seller may dispose of the Restricted
Securities only pursuant to an effective registration statement under the Securities Act or an exemption therefrom, and such Holdco Seller understands that the Parent has no obligation or intention to register any of the Restricted Securities, or to
take action so as to permit sales pursuant to the Securities Act (including Rule 144 thereunder). Furthermore, such Holdco Seller understands, agrees and acknowledges that the Parent has not covenanted to take any action necessary to register the
Restricted Securities or make available the benefits of Rule 144 under the Securities Act governing the possible disposition of the Restricted Securities. Accordingly, such Holdco Seller understands that under the Commission’s rules, such
Holdco Seller may dispose of the Restricted Securities principally only in “private placements” which are exempt from registration under the Securities Act, in which event the transferee will acquire “restricted securities”
subject to the same limitations as in the hands of such Holdco Seller. Consequently, such Holdco Seller understands and acknowledges that as a consequence of these limitations it may not be possible for the Holdco Seller to liquidate the Restricted
Securities in the event of an emergency, change in circumstances or other immediate need for cash, and that such Holdco Seller must bear the economic risks of the investment in the Restricted Securities for an indefinite period of time. 

(c) Such Holdco Seller understands, agrees and acknowledges: (i) that such Holdco Seller will not sell, assign, pledge, give, transfer or
otherwise dispose of the Restricted Securities or any interest therein, or make any offer or attempt to do any of the foregoing, except (A) pursuant to a registration of the Restricted Securities under the Securities Act and all applicable
state securities Laws, or in a transaction which is exempt from the registration provisions of the Securities Act and all applicable state securities Laws and (B) in accordance with the terms of this Agreement and the Share Purchase Agreement;
(ii) that the Restricted Securities are not certificated and, in the event such Restricted Securities subsequently become certificated, any such certificates representing the Restricted Securities will bear a legend making reference to the
foregoing restrictions; and (iii) that the Parent and its affiliates shall not be required to give effect to any purported transfer of such Restricted Securities except upon compliance with the foregoing restrictions. 

(d) Such Holdco Seller acknowledges that neither the Parent nor any other person offered to sell the Restricted Securities to it by means of
any form of general solicitation or advertising, including: (i) any advertisement, article, notice or other communication published in any newspaper, magazine or similar media or broadcast over television or radio or (ii) any seminar or
meeting whose attendees were invited by any general solicitation or general advertising. 

  
 4 

 Article 4 

REPRESENTATIONS AND WARRANTIES OF THE PARENT 

The Parent represents, warrants and acknowledges to the Holdco Sellers and agrees to indemnify the Holdco Sellers and their respective agents
and affiliates against, and shall hold each of them harmless from and against, and shall pay and reimburse each of them for, any and all Losses incurred or sustained by, or imposed upon, the Holdco Sellers based upon or arising out of any inaccuracy
in or breach of any of the representations or warranties of Parent set forth herein, including any Losses which may arise under Tax or securities Laws based upon or arising out of such inaccuracy or breach (with each such representation and warranty
being made as of the Effective Time): 
 4.1 Organization. The Parent is a corporation duly organized, validly existing and in
good standing under the Laws of the State of Delaware. 
 4.2 No Conflicts. The execution, delivery and performance by
the Parent of this Agreement and by Buyer of the Share Purchase Agreement and the consummation of the transactions provided for herein and therein will not result in the breach of any of the terms and provisions of, or constitute a default under, or
conflict with, or cause any acceleration of any obligation of the Parent under its Organizational Documents or any other material agreement to which the Parent is a party or by which it is bound. 

4.3 Enforceability. This Agreement has been duly authorized and validly executed and delivered by the Parent and (assuming the
valid authorization, execution and delivery of this Agreement by the other Parties hereto) constitutes a legal, valid and binding obligation of the Parent, enforceable against the Parent in accordance with its terms, subject only to the effect, if
any, of (a) applicable bankruptcy, insolvency, moratorium or other similar Laws affecting the rights of creditors generally and (b) rules of law governing specific performance, injunctive relief and other equitable remedies. 

4.4 Restricted Securities. The Restricted Securities, when issued in accordance with this Agreement, will be validly issued,
fully paid and non-assessable and free and clear of all Liens, other than those that arise under federal or state securities Laws generally and those arising under Section 9.06 of the Share Purchase Agreement.  

Article 5 
 COVENANTS 

5.1 Further Assurances; Reasonable Efforts. From time to time, and without further consideration, each Party will execute and
deliver to any other Party such documents and take such actions as any other Party may reasonably request in order more effectively to implement and carry into effect the transactions contemplated by this Agreement. Each Party shall use its
commercially reasonable efforts to (a) take, or cause to be taken, all actions necessary or appropriate to consummate the transactions contemplated by this Agreement, the Share Purchase Agreement and the other Transaction Documents and
(b) cause the fulfillment at the earliest practicable date of all of the conditions to their respective obligations to consummate the transactions contemplated by this Agreement, the Share Purchase Agreement and the other Transaction
Documents. 
 5.2 Share Purchase Agreement Indemnification. 

(a) Following the Closing, if an Indemnifying Party breaches its obligation to pay any amount under the Share Purchase Agreement, the
Indemnified Party may, in addition to any other rights or remedies it may have, exercise its rights under Section 9.06 of the Share Purchase Agreement with respect to each Holdco Seller and the Restricted Securities. Each Holdco Seller
shall take any and all actions, including granting any powers of attorney, stock transfer powers, or other authorizations amending any Contracts, to permit such recourse, including the recourse permitted pursuant to Section 9.06 of the
Share Purchase Agreement to offset Losses against the Restricted Securities. 

  
 5 

 (b) Without limiting the matters set forth in Section 5.2(a) hereof, from and after
the Effective Time until the termination of the Restricted Share Transfer Period, for the periods set forth in the Share Purchase Agreement and on the terms and subject to the conditions and limitations set forth in the Share Purchase Agreement,
each Holdco Seller (and any transferee, successor or assignee of such Holdco Seller) shall be deemed to have joined the Share Purchase Agreement as a party thereto solely for the purposes of (i) agreeing to be bound by Sections 6.01,
6.02, 6.03, 6.05, 6.06, 6.07, 6.08, and 6.09 and Article VIII of the Share Purchase Agreement in the same manner that Seller is bound by Sections 6.01, 6.02, 6.03,
6.05, 6.06, 6.07, 6.08, and 6.09 and Article VIII of the Share Purchase Agreement and (ii) agreeing to be bound by Section 9.06 the Share Purchase Agreement pursuant to which each Holdco
Seller (and any transferee, successor or assignee of such Holdco Seller) shall be obligated, on and subject to the terms set forth in the Share Purchase Agreement (including any limitations set forth therein), to indemnify and hold harmless the
Buyer and the other Buyer Indemnitees who are, on the terms set forth in Article IX of the Share Purchase Agreement, entitled to indemnification in respect of the matters and in the manner described therein. 

(c) From and after the Effective Time until the termination of the Restricted Share Transfer Period, (i) the Restricted Securities issued
pursuant hereto shall be held by each Holdco Seller to whom they were was issued pursuant to this Agreement; (ii) each Holdco Seller agrees to hold such Restricted Securities for such Restricted Share Transfer Period; and (iii) each Holdco
Seller agrees not Transfer or permit any Encumbrance to be incurred on the Restricted Securities of any kind. 
 Article 6 

CLOSING 
 6.1
Closing. The consummation of the transactions contemplated hereby is conditioned upon the occurrence of the Closing and the consummation of the transactions contemplated by the Share Purchase Agreement and, as such, shall take place at the
Effective Time following the closing of the transactions contemplated by the Share Purchase Agreement and the other Transaction Documents. This Agreement and the closing of the transactions contemplated hereby, including the issuance of the
Restricted Securities, is conditioned upon (i) receipt by the Parent and Buyer of the deliveries set forth in Section 6.2 hereof and (iii) the consummation of the acquisition as contemplated in the Share Purchase Agreement and
the occurrence of the Effective Time and shall become null and void, and shall have no effect whatsoever, without any action on the part of any Person, upon termination of the Share Purchase Agreement for any reason. 

6.2 Deliveries; Closing Conditions. 

(a) At or prior to the Effective Time, each Holdco Seller shall use its commercially reasonable efforts (i) to deliver, or cause to be
delivered, each of the documents described in Sections 2.03(c) and 2.03(d) of the Share Purchase Agreement and (ii) to cause each of the conditions to the closing of the transactions contemplated thereby to be satisfied. 

(b) At or prior to the Effective Time, each Holdco Seller shall deliver the following to the Parent: (i) a duly executed and completed
copy of the Accredited Investor Questionnaire attached hereto as Appendix I, effective as of the Closing Date; and (ii) such other documents as Parent has reasonably requested. 

  
 6 

 6.3 Issuance of Securities. Notwithstanding anything in this Agreement to the
contrary, the Company shall have no obligation to issue any of the Restricted Securities (a) to any Holdco Seller who is a resident of a jurisdiction in which the issuance of Restricted Securities to such Holdco Seller would constitute a
violation of the state securities Laws, “blue sky” or other similar Laws of such jurisdiction or (b) in the event the Closing pursuant to the Share Purchase Agreement does not occur for any reason. 

Article 7 
 MISCELLANEOUS
PROVISIONS 
 7.1 Assignment. This Agreement shall be binding upon and shall inure to the benefit of the Parties and their
respective successors and permitted assigns. No Party may assign its rights or obligations hereunder without the prior written consent of the other Parties, which consent shall not be unreasonably withheld, conditioned or delayed, and any attempted
assignment in violation of this Section shall be null and void ab initio; provided, however, that, following the Effective Time, the Parent may, without the prior written consent of any party, assign all or any
portion of its rights under this Agreement to any Affiliate of Parent now in, or hereinafter to come into, existence, any Person from which it has borrowed money or any Person to which the Buyer or any of its Affiliates proposes to sell, directly or
indirectly, all or substantially all of the Shares or assets of a Group Company. No assignment shall relieve the assigning party or any guarantor of any of its obligations hereunder.  

7.2 Entire Agreement, Amendments and Waiver. This Agreement and the applicable portions of the Share Purchase Agreement, and all
certificates, documents, instruments and writings that are delivered pursuant thereto and hereto contain the entire understanding of the Parties with respect to the transactions contemplated hereby and supersede all prior agreements, arrangements
and understandings relating to the subject matter hereof. This Agreement may be amended, superseded or canceled with respect to an individual Holdco Seller only by a written instrument duly executed by such Holdco Seller and the Parent, specifically
stating that it amends, supersedes or cancels this Agreement with respect to such Holdco Seller. Any of the terms of this Agreement and any condition to a Party’s obligations hereunder may be waived only in writing by that Party specifically
stating that it waives a term or condition hereof. No waiver by a Party of any one or more conditions or defaults by the other in performance of any of the provisions of this Agreement shall operate or be construed as a waiver of any future
conditions or defaults, whether of a like or different character, nor shall the waiver constitute a continuing waiver unless otherwise expressly provided. All representations, warranties and covenants contained this Agreement shall survive the
closing of the transactions contemplated hereunder.  
 7.3 Notices. Any notice, request, demand or other communication in
connection with this Agreement shall be given in accordance with the requirements for notice set forth in the Share Purchase Agreement; provided, however, that any notice, request, demand or other communication to be given to the
Holdco Sellers in connection with this Agreement shall be given to Seller’s Representative in accordance with the requirements for notice set forth in the Share Purchase Agreement. 

7.4 Severability. If any term or other provision of this Agreement is invalid, illegal or incapable of being enforced by any
applicable Law or public policy, all other terms and provisions of this Agreement shall nevertheless remain in full force and effect. Upon such determination that any term or other provision is invalid, illegal or incapable of being enforced, the
arbitrator, board, body, court, referee or other Governmental Body making such determination is authorized and instructed to modify this Agreement so as to effect the original intent of the Parties as closely as possible in order that the
transactions contemplated hereby are consummated as originally contemplated to the fullest extent possible. 

  
 7 

 7.5 Counterparts. This Agreement may be executed simultaneously in any number of
counterparts (including by facsimile or portable document format (.pdf) counterparts), each of which shall be deemed an original, but all of which together shall constitute one and the same instrument. 

7.6 Governing Law; Waiver of Jury Trial. This Agreement shall be governed by, enforced in accordance with, and interpreted under,
the Laws of the State of New York, without reference to applicable principles of conflicts of Laws. The Parties hereby irrevocably submit to the exclusive jurisdiction of any federal or state court located within the State of New York, and
appropriate courts of appeal therefrom, over any dispute arising out of or relating to this Agreement or any of the transactions contemplated hereby, and each Party hereby irrevocably agrees that all claims in respect of such dispute or any suit,
action or proceeding related thereto may be heard and determined in such courts. The Parties hereby irrevocably waive, to the fullest extent permitted by applicable Law, any objection that they may now or hereafter have to the laying of venue of any
dispute arising out of or relating to this Agreement or any of the transactions contemplated hereby brought in such court or any defense of inconvenient forum for the maintenance of such dispute. Each Party agrees that a judgment in any such dispute
may be enforced in other jurisdictions by suit on the judgment or in any other manner provided by Law. This consent to jurisdiction is being given solely for purposes of this Agreement and is not intended to confer, and shall not confer, consent to
jurisdiction with respect to any other dispute in which a Party to this Agreement may become involved. AFTER CONSULTATION WITH COUNSEL, EACH OF THE PARTIES HEREBY AGREES THAT IT WAIVES ALL RIGHT TO TRIAL BY JURY IN ANY PROCEEDING ARISING OUT OF OR
RELATING TO THIS AGREEMENT AND THE TRANSACTIONS CONTEMPLATED HEREBY. 
 7.7 Third Party Beneficiaries. This Agreement is
for the sole benefit of the Parties and their permitted assigns and nothing in this Agreement, expressed or implied, shall give or be construed to give to any Person, other than the Parties and such assigns, any legal or equitable rights under this
Agreement; provided, however, that the each of the Buyer Parties, and each of their respective successors and permitted assigns are each intended third party beneficiaries of this Agreement. Nothing in this Agreement shall be deemed to
constitute a joint venture or partnership between any of the Parties, nor constitute any Party the agent of any other Party for any purpose.  

7.8 Specific Performance. The Holdco Sellers acknowledge that their commitment to make the subscriptions contemplated hereby is a
material inducement to the Parent’s execution of the Share Purchase Agreement. As such, each of the Parties acknowledges and agrees that the other Parties would be damaged irreparably in the event any of the provisions of this Agreement are not
performed in accordance with their specific terms or otherwise are breached or violated. Accordingly, each of the Parties agrees that, without posting a bond or other undertaking, the other Parties will be entitled to an injunction or injunctions to
prevent breaches or violations of the provisions of this Agreement and to enforce specifically this Agreement and the terms and provisions hereof in any legal proceeding instituted in any federal or state court located within the State of New York
(and appropriate courts of appeal therefrom), in addition to any other remedy to which it may be entitled, at law or in equity. Each Party further agrees that, in the event of any action for specific performance in respect of such breach or
violation, it will not assert that the defense that a remedy at law would be adequate. 
 7.9 Spousal Acknowledgment.
The undersigned spouses, if any, of the Holdco Sellers has read and hereby approves this Agreement. In consideration of Parent’s granting the Holdco Seller the right to acquire the Restricted Securities in accordance with the terms of this
Agreement, the undersigned spouse hereby agrees to be irrevocably bound by all the terms of this Agreement. 

  
 8 

 7.10 Acknowledgment. EACH HOLDCO SELLER ACKNOWLEDGES AND AGREES THAT NEITHER ANY
BUYER PARTY NOR ANY OF THEIR RESPECTIVE AFFILIATES OR ADVISORS IS GIVING ANY HOLDCO SELLER, OR INTENDS TO GIVE ANY HOLDCO SELLER, ANY LEGAL, TAX, FINANCIAL, OR INVESTMENT ADVICE. EACH HOLDCO SELLER IS ADVISED TO, AND HEREBY ACKNOWLEDGES HE OR SHE
HAS BEEN GIVEN THE OPPORTUNITY TO, CONSULT WITH HIS OR HER OWN ADVISORS WITH RESPECT TO THE IMPLICATIONS, EFFECTS, AND RISKS OF THE TRANSACTIONS CONTEMPLATED HEREBY, INCLUDING THE SUBSCRIPTION FOR THE RESTRICTED SECURITIES.  

[SIGNATURE PAGES FOLLOW] 

  
 9 

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

			
	PARENT:
	
	U.S. CONCRETE, INC.
		
	By:		 /s/ William J. Sandbrook

	Name:		William J. Sandbrook
	Title:		President and Chief Executive Officer
	
	SELLER:
	
	FERRARA FAMILY HOLDING CORP.
		
	By:		 /s/ Joseph A. Ferrara

	Name:		Joseph A. Ferrara
	Title:		President

 Signature Page to 

Subscription Agreement 

 
			
	HOLDCO SELLER:
		
	By:		 /s/ Leonard A. Ferrara

	Name:		Leonard A. Ferrara
	
	SOLELY FOR PURPOSES OF SECTION 7.9 HEREOF:
	
	SPOUSE
		
	By:		 /s/ Donna Ferrara

	Name:		Donna Ferrara

  
 Signature Page to

 Subscription Agreement 

 
			
	HOLDCO SELLER:
		
	By:		 /s/ Joseph A. Ferrara

	Name:		Joseph A. Ferrara

  
 Signature Page to

 Subscription Agreement 

 
			
	HOLDCO SELLER:
	
	LEONARD A. FERRARA 2010 GRAT
		
	By:		 /s/ Joseph A. Ferrara

	Name:		Joseph A. Ferrara
	Title:		Trustee

  
 Signature Page to

 Subscription Agreement 

 
			
	HOLDCO SELLER:
	
	JOSEPH A. FERRARA 2010 GRAT
		
	By:		 /s/ Leonard A. Ferrara

	Name:		Leonard A. Ferrara
	Title:		Trustee

  
 Signature Page to

 Subscription Agreement 

 
			
	HOLDCO SELLER:
	
	JOSEPH A. FERRARA 2011 J&J GC GRAT
		
	By:		 /s/ Leonard A. Ferrara

	Name:		Leonard A. Ferrara
	Title:		Trustee

  
 Signature Page to

 Subscription Agreement 

 
			
	HOLDCO SELLER:
	
	J&J GC TRUST
		
	By:		 /s/ George P. Esernio

	Name:		George P. Esernio
	Title:		Trustee

  
 Signature Page to

 Subscription Agreement 

 APPENDIX I 

ACCREDITED INVESTOR QUESTIONNAIRES 

Appendix I

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