Document:

EX-10.13

 Exhibit 10.13 

ASSET ADVISORY AGREEMENT 

Project Stardust 
 THIS
ASSET ADVISORY AGREEMENT (“Agreement”) is made effective as of February 9, 2015, by and between HUDSON AMERICAS LLC, a Delaware limited liability company (“Manager”), and LSF9 STARDUST HOLDINGS, L.P., a Bermuda exempted
limited partnership (together with its successors and assigns, “Owner,” and, together with Manager, the “Parties”), and joined herein by LONE STAR FUND IX (U.S.), L.P., a Delaware limited partnership (the “Fund”), for
the limited purposes set forth in Section 7(a) below. 
 RECITALS 

WHEREAS, Owner and/or certain of its subsidiaries have acquired or will acquire certain assets and/or equity interests (Owner, such entities,
and all of their assets are collectively referred to herein as the “Assets”); and 
 WHEREAS, Owner desires that Manager undertake
the asset management of the Assets, as provided herein, and Manager desires to undertake such management. 
 AGREEMENT 

NOW THEREFORE, in consideration of the mutual promises contained herein and for good and valuable consideration, the receipt and sufficiency
of which is hereby acknowledged, the Parties agree as follows: 
  

	1.	Manager Services. Manager shall provide operating company oversight functions for Owner in connection with the Assets, which services (of any type, nature, character, or underlying purpose, the “Manager
Services”) may include, but shall not be limited to, the following: 

  

	 	(a)	Manager shall be responsible for the day-to-day communication and coordination with any personnel or other service providers hired by Owner or its subsidiaries with respect to the Assets. Manager shall provide the other
management services as are set forth in this Agreement; however, notwithstanding anything in this Agreement to the contrary, Owner shall retain the sole right to approve or change the budget for the operation of the Assets, to approve any
transactions with respect to the Assets, and to hire and fire the personnel and other service providers for the Assets. 

  

	 	(b)	Manager shall assist and advise Owner with respect to the Long Term Plan (as hereafter defined). For purposes hereof, “Long Term Plan” means the Long Term Plan developed or adopted by Owner with respect to the
Assets, as may be amended from time to time. 

  

	 	(c)	Manager shall, subject to the availability of sufficient funds, work diligently to implement the Long Term Plan and shall have the authority (together with the obligation and responsibility) to manage the Assets in
accordance with such Long Term Plan. Any specific action or cost enumerated in any Long Term Plan may be implemented and consummated by Manager for Owner without further approval or participation of Owner; however Owner retains the right to change
the Long Term Plan at any time. 

  
 1 

	 	(d)	Notwithstanding anything to the contrary herein, if, in order to preserve the rights of Owner with respect to the Assets, certain action not authorized pursuant to the Long Term Plan or the terms of this Agreement that
would otherwise require the approval of Owner must be immediately taken in response to an emergency matter concerning the Assets (“Emergency Matter”) in order to protect Owner’s interest therein, then Manager shall be authorized to
take such actions as it deems necessary or appropriate to so protect the interests of Owner. Manager shall promptly notify Owner of the action taken and the circumstances giving rise to such action (including the reason for the requirement for
immediate action). Any such action or expenditure relating to an Emergency Matter that may be consummated by Manager shall be deemed approved by Owner. Manager shall obtain and maintain on behalf of Owner all licenses, permits, certificates,
consents, and other approvals required with respect to the Assets (collectively, “Licenses”). Manager shall provide Owner with copies of all completed initial or renewal License applications for approval, not less than thirty
(30) days prior to the date such applications are due. All Licenses shall be obtained in the Owner’s name whenever possible. Any Licenses obtained in the name of Manager shall be held on behalf of Owner, and, upon termination of this
Agreement, Manager shall transfer or assign all such Licenses to such person as the Owner may direct at no cost, to the extent permitted by applicable law. 

  

	 	(e)	Manager shall not be required to devote its full time and attention to the management of the Assets, but only such time as is reasonably necessary for the proper conduct of its duties under this Agreement.

  

	2.	Consultation and Communication; Reports. 

  

	 	(a)	Manager’s management personnel shall be available at the reasonable request of Owner for consultation and shall provide Owner with all information pertaining to the Assets and Manager’s services related
thereto as is reasonably requested and as Manager can reasonably provide. 

  

	 	(b)	Owner and Manager shall, upon Owner’s request (such request to be made by written notice to Manager, setting forth the time, date, and location of such meeting), meet (or hold a telephone conference call) to
discuss the progress of, and proposals, strategy, operation, and administrative matters relating to, the Assets, and to review actual operating results in relation to the projections set forth in the Long Term Plan. For any of the foregoing meetings
that require Manager’s representatives to travel, Owner shall pay all travel, lodging, food and other expenses of such representatives incurred in traveling to, staying at, and returning from the location of any such meeting. 

 

	 	(c)	Manager shall prepare and submit to Owner, by no later than the twenty-fifth (25th) day of each month, regular monthly reports for the prior month of its activities on behalf of Owner for examination and review by
Owner, which reports shall be in form and substance reasonably satisfactory to Owner. 

 3. Duty of Care. Manager shall carry out its
obligations hereunder in accordance with such asset management standards as are customarily employed by similar asset managers managing comparable portfolios for others under similar terms and conditions. 

4. Expenses. All expenses incurred by Manager on behalf of Owner hereunder shall be paid by Owner, in strict accordance with the applicable Long Term
Plan, or as otherwise approved by Owner. In no event shall Manager be obligated to pay any expenses related to the Assets. If Manager, in its sole discretion, shall elect to pay any expenses, Owner shall reimburse Manager promptly therefor. 

  
 2 

 5. Payment for Services. Manager Services will be charged at 110% of the hourly billing rates of
individuals performing such services using actual time incurred, as applicable. Owner agrees to pay Manager promptly upon receipt of each invoice or other request for payment submitted by Manager for Manager Services rendered, and for expenses
incurred as provided in this Agreement. 
  

	6.	[INTENTIONALLY RESERVED] 

  

	7.	Term; Termination. 

  

	 	(a)	This Agreement shall be effective as of the date first above written. This Agreement shall be terminable by Manager or Owner and/or the Fund upon thirty (30) days’ notice from one to the others for any reason
or no reason whatsoever. 

  

	 	(b)	Upon expiration or termination of this Agreement for any reason, (i) Manager shall deliver to Owner, or its nominee (A) all books, documents, records, materials, supplies, and funds in its possession belonging
to Owner or received by Manager pursuant to the terms of this Agreement and (B) a statement of expenses incurred by, and other amounts payable to, Manager pursuant to this Agreement as of the date of termination, and (ii) not later than
fifteen (15) days following the date of termination, Owner shall pay to Manager in full all amounts due Manager as of such date of termination. 

  

	 	(c)	Termination of this Agreement shall not release Manager or Owner, as the case may be, from liability for failure to perform any of the duties or obligations of Manager or Owner, as the case may be, under this Agreement
that have accrued as of the date termination. 

 8. Confidentiality. Each Party shall maintain in confidence the facts and terms of this
Agreement and all other information received from the other Party that is identified in writing at the time of delivery as being confidential; provided, however, that each Party may disclose such information (a) to its and its affiliates’
directors, officers, employees, or agents (it being understood that they shall be informed by such Party of the confidential nature of such information and that such Party shall cause them to treat such information confidentially); (b) if
required to do so by applicable laws, rules, regulations, or orders; (c) if such information becomes part of the public domain; or (d) if such information otherwise was or becomes available to such Party on a non-confidential basis,
provided that the source of such information was not known by such Party to be bound by a confidentiality obligation. 
 9. Representations and
Warranties. Each Party represents and warrants to the other that, as of the date hereof: 
 (a) It is duly organized, validly existing,
and in good standing under the laws of the jurisdiction of its formation. It has all requisite power and authority to enter into and to perform its obligations under this Agreement. 

(b) Its execution, delivery, and performance of this Agreement have been duly authorized and do not and will not (i) violate any law,
rule, regulation, order, or decree applicable to it or (ii) violate its organizational documents. 
 (c) This Agreement is a legal and
binding obligation, enforceable against it in accordance with its terms, except to the extent enforceability is modified by bankruptcy, reorganization, and other similar laws affecting the rights of creditors generally and by general principles of
equity. 

  
 3 

 (d) There is no litigation pending or, to the best of its knowledge, threatened to which it is a
party that, if adversely determined, would have material adverse effect on the transactions contemplated in this Agreement or its financial condition, prospects, or business. 

10. No Assignment. Neither Party may assign any of its rights, duties or obligations under this Agreement without the prior written consent of the other
Party; provided, however, that this Agreement shall be binding upon the successor-by-merger to any Party and that any such merger involving one Party shall not require the prior written consent of, or prior written notice to, the other Party. 

 

	11.	Governing Law; Dispute Resolution. 

 (a) This Agreement shall be governed by and
construed in accordance with the laws of the State of Texas. 
 (b) The Parties shall attempt in good faith to resolve any dispute or
difference of any kind whatsoever between the Parties or any of their affiliates arising out of or in connection with or in relation to this Agreement, including any claims arising out of or relating to this Agreement, whether in contract, tort,
statutory, or otherwise, and including any claims regarding the existence, scope, validity, breach, or termination of this Agreement (each, a “Dispute”), by mutual agreement. 

(c) If any Dispute cannot be resolved by mutual agreement, the Dispute shall be finally settled by arbitration pursuant to the procedures set
forth in this Section 11. 
 (d) The arbitral tribunal (the “Tribunal”) shall be composed of three (3) arbitrators.
Manager and Owner shall each appoint an arbitrator within thirty (30) days of the date of a request to initiate arbitration, and the two (2) appointed arbitrators shall then jointly appoint a third arbitrator within thirty (30) days
of the appointment of the second arbitrator, to act as chairman of the Tribunal. Arbitrators not appointed within the time limits set forth in the preceding sentence shall be appointed by the American Arbitration Association at the request of either
Owner or Manager. 
 (e) The arbitration shall be conducted in accordance with the then-existing Rules of Arbitration (the “Rules”)
of the American Arbitration Association. The arbitration shall take place in Dallas, Texas and be conducted in the English language. The Tribunal shall apply the substantive law of Texas (exclusive of choice of law principles) in resolving the
Dispute. Issues relating to the conduct of the arbitration and enforcement of any award shall be governed by the Convention on the Recognition and Enforcement of Foreign Arbitral Awards (New York Convention) and, to the extent applicable, the
Federal Arbitration Act, 9 U.S.C. §§ 1-16. The American Arbitration Association shall not serve as administrator of the arbitration; its sole function shall be to appoint arbitrators not appointed within the time limits as set forth in
Section 11(d). 
 (f) Any monetary award shall be in United States dollars. The award of the Tribunal shall be kept confidential, and no
Party shall disclose the award or the substance of the award or any portion thereof to any other person or entity, except to the extent necessary to comply with any applicable law, regulation, or order of any court, agency, or regulatory authority,
or to make appropriate filings with any stock exchange or in court proceedings relating to any application concerning the award that is made by any party; provided, however, that the award may be disclosed to any affiliate, shareholder, member, or
lender of any Party to the arbitration if such affiliate, shareholder, member, or lender agrees to maintain the confidentiality of the award to the extent required by this Section 11 

  
 4 

 (f). The arbitrator shall not have the authority to award punitive, special, exemplary,
incidental, indirect, or consequential damages, regardless of whether a claim is based on contract, tort (including negligence), strict liability, violation of any applicable deceptive trade practices act or similar law, or any other legal or
equitable principle. 
 (g) The award rendered and any arbitration commenced hereunder shall be final and binding upon the Parties, and a
judgment thereon may be entered in any court having jurisdiction for its enforcement. 
 (h) The obligation to arbitrate under this
Section 11 is binding on the Parties and their affiliates, successors, and assigns. For purposes of appointing arbitrators, any Party and its affiliates, successors, and assigns shall jointly appoint such Party’s arbitrator. Each Party
agrees that, failing mutual agreement In accordance with Section 11(b), arbitration under this Section 11 is the exclusive method for resolving any Dispute and that such Party and its affiliates will not commence any action or proceeding
concerning a Dispute, except to enforce the award or to compel arbitration. 
 12. No Partnership or General Agency. The relationship between the
Parties is that of independent contractors solely as set forth herein, and each Party shall be responsible only for its obligations as set forth herein. It is not the intention of the Parties to render the Parties liable as partners, associates, or
joint venturers or to create a partnership, joint venture or other association. The liability of the Parties hereunder to third parties shall be several and not joint or collective. Except as specifically otherwise provided herein or agreed in
writing, Manager (i) is not an agent or representative of Owner and (ii) shall not have, and shall not represent itself as having or allow any of its employees, officers, directors, agents, or representatives to represent that it or any of
them has, any authority to commit Owner by negotiation or otherwise to any contract, agreement., or other legal commitment in the name of, or otherwise binding on, Owner, or to pledge or extend its credit. Notwithstanding the above, Owner authorizes
and appoints Manager, or any of its affiliates, to act as servicer of any Asset owned by Owner, and authorizes Manager, or such affiliate, to perform, in accordance with any applicable Plan, such services and functions, including entering into
negotiations with any third-party borrower, lender, or agent, as may be desirable to be performed in connection with the resolution or settlement of any such asset. 

13. Employees and Independent Contractors. Manager shall be responsible for its employees and shall use reasonable care in selecting and supervising
independent contractors. All matters pertaining to the employment, supervision, compensation, promotion, and discharge of Manager’s employees are the responsibility of Manager, and Manager shall be liable to such employees for their
compensation (in whatever form or amount such compensation may be). Owner shall never be the employer of such employees, nor shall Owner ever be directly responsible for their compensation. Manager shall comply with all applicable laws and
regulations relating to workmen’s compensation, social security, unemployment insurance, hours of labor, wages, working conditions, and other employer-employee related matters. Manager shall be responsible for negotiating the terms of contracts
with and overseeing the performance of contractors. 
 14. Compliance with Laws. Manager shall comply with all applicable laws, including but not
limited to the U.S. Foreign Corrupt Practices Act, in connection with this Agreement. Without limiting the foregoing, Manager agrees not to pay or promise to pay or give or promise to give anything of value, either directly or indirectly, to any
person for the purpose of illegally or improperly inducing that person to take any action or to omit to take any action in connection with this Agreement. Manager warrants and represents to Owner that, prior to the execution of this Agreement; it
has not taken or omitted to take any action with respect to this Agreement if such act or omission would have violated the U.S. Foreign Corrupt Practices Act. 

  
 5 

 15. No Consequential Damages. Under no circumstances, whether based on contract, warranty, negligence,
strict liability, or otherwise, shall either Party be liable for any consequential, indirect, incidental; or punitive damages of any kind or character, including, but not limited to, loss of profits or revenues, loss of product, loss of use, cost of
capital, and the like, arising out of or related to any performance under or breach of this Agreement The Parties specifically acknowledge that the benefits each Party contemplates deriving from the provisions of this Agreement reflect such
allocation of risk and limitation of liabilities. 
 16. Exculpation. Manager and each of its shareholders, consultants, agents, members, officers,
directors, partners, and employees (collectively, “Covered Persons”) shall not be liable for any losses, claims, damages, or liabilities arising from any act performed or omitted by any Covered Person in connection with this Agreement,
except any such losses, claims, damages, or liabilities that are caused by the fraud, gross negligence, or willful misconduct of such Covered Person. 
 17.
Indemnification. 
  

	 	(a)	Owner, to the fullest extent permitted by law, shall indemnify, defend, and hold harmless each Covered Person from and against any and all losses, claims, damages, or liabilities of any nature whatsoever, including
legal fees and other expenses reasonably incurred, arising out of or in connection with the management and disposition of the Assets, any duty of Manager hereunder, or any action taken or omitted by any such Covered Person by or on behalf of Owner
pursuant to authority granted by this Agreement, even if any such losses, claims, damages, or liabilities are caused in whole or in part by the negligence of such Covered Person. This indemnification does not apply to the extent any such losses,
claims, damages, or liabilities are caused by the fraud, gross negligence, or willful misconduct of any Covered Person. In the event that any Covered Person becomes involved in any capacity in any suit, action, proceeding, or investigation in
connection with any matter arising out of or in connection with the management and disposition of the Assets, any duty of Manager hereunder, or any action taken or omitted by such Covered Person pursuant to authority granted by this Agreement, Owner
shall, within twenty (20) days after submission of a request for reimbursement, reimburse such Covered Person for its reasonable legal and other expenses (including the cost of any investigation and preparation) incurred in connection
therewith. 

  

	 	(b)	Promptly after a Covered Person receives notice of the commencement of any action or other proceeding in respect of which indemnification may be sought hereunder, such Covered Person shall notify Owner thereof;
provided, that the failure to do so shall not relieve Owner from any obligation hereunder unless, and only to the extent that, such failure results in Owner’s forfeiture of substantive rights or defenses. 

18. Further Assurances. Each Party agrees to execute and deliver such additional documents and to take such additional actions as may be necessary or
appropriate to effect the provisions of this Agreement and all transactions contemplated hereby. 
 19. Entire Agreement. This Agreement constitutes
the entire agreement between the Parties with respect to the subject matter hereof and supersedes all prior written or oral understandings or agreements between the Parties. 

  
 6 

 20. Third-Party Beneficiaries. This Agreement is solely for the benefit of the Parties and, with respect
to Sections 16 and 17, the Covered Persons, and their respective successors and assigns, and this Agreement shall not otherwise be deemed to confer upon or give to any other third party any remedy, claim, liability, reimbursement, cause of action,
or other right. 
 21. Severability. If any provision of this Agreement is prohibited by applicable law, the Parties shall amend such provision to the
extent (and only to the extent) necessary to comply with such law. Subject to the preceding sentence, if any provision of this Agreement or the application thereof to either Party or circumstance shall be held invalid or unenforceable to any extent,
the remainder of this Agreement and the application of such provision to other parties or circumstances shall not be affected thereby and shall be enforced to the greatest extent permitted by law. 

22. Notices. All notices, requests, and demands to or upon the respective Parties and the Fund hereto shall be effective in writing (including by
facsimile, telex, or cable communication) and shall be deemed to have been duly given or made when delivered by hand, in the case of facsimile, telex, or cable communication upon being sent (provided that, in the case of facsimile and telex
communications, electronic confirmation of delivery of such communication is received by the Party upon sending such communication), two (2) days after having been deposited with a reputable international overnight courier service, or, if sent
within the United States, three (3) days after being deposited in the United States mail, certified or registered, postage prepaid. Notices shall be sent to the following addresses or such other address as may be substituted by giving the other
Party and the Fund, as applicable, not fewer than five (5) days’ advance written notice of such change of address: 
 If to Owner,
to: 
 LSF9 STARDUST HOLDINGS, L.P. 

Washington Mall, Suite 304 
 7
Reid Street 
 Hamilton HM 11 

Attention: General Partner 

Fax:+1(441) 296-7112 
 If to
Manager to: 
 HUDSON AMERICAS LLC 

2711 N. Haskell, Suite 1800 

Dallas, Texas, 75204 
 Attention:
President 
 Fax: (214) 754-8301 

  
 7 

 If to the Fund: 

LONE STAR FUND IX (U.S.), L.P. 

2711 N. Haskell, Suite 1700 

Dallas, Texas 75204 
 Attention:
General Partner 
 Fax: 214-754-8301 
 23.
Amendment. An amendment or modification of this Agreement shall be effective or binding on a Party only if it is in writing and signed by that Party. 

24. Survival. Any provision that, by its nature, is intended to survive the termination of this Agreement shall survive such termination. 

25. Waiver. Any waiver, express or implied, by a Party of any right under this Agreement or of any breach by the other Party shall not constitute or be
deemed a waiver of any other right or any other breach, whether of a similar or dissimilar nature to the right or breach being waived. A waiver of a Party’s rights under this Agreement, including with respect to another party’s breach,
shall be effective only if that Party agrees in writing. 
 26. Heading. The headings contained in this Agreement is for convenience only and shall
not affect the construction or interpretation of any provisions of this Agreement 
 27. Binding Effect. Subject to the restrictions on assignment set
forth in this Agreement, this Agreement shall inure to the benefit of and be binding upon the undersigned Parties and their respective legal representatives, successors, and permitted assigns. Whenever this Agreement refers to any Party, such
reference shall be deemed to include the legal representatives, successors, and permitted assigns of such Party. 
 28. Intention of Parties to Act
Reasonably. Owner and Manager hereby acknowledge and agree that they will act reasonably in implementing the provisions of this Agreement and in the management and disposition of the Assets. 

29. Counterparts. This Agreement may be executed in two or more counterparts, each of which shall be deemed an original, but all of which shall
constitute but one agreement. 
 [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK] 

  
 8 

 IN WITNESS WHEREOF, the Parties have caused their duly authorized representatives to execute and
deliver this Agreement effective as of the Effective Date. 
  

			
	 HUDSON AMERICAS LLC,
 a Delaware
limited liability company

		
	By:	 	 /s/ Brad Davis

		 	 Brad Davis
 Managing Director

		 	
	
	 LSF9 STARDUST HOLDINGS, L.P.
 a
Bermuda exempted limited partnership

	
	By: LSF9 Stardust GP, LLC, its general partner
		
	By:	 	 /s/ Kyle Volluz

		 	 Kyle Volluz
 President

	
	LONE STAR FUND IX (U.S.), L.P., a Delaware limited partnership, hereby joins in the execution of this Agreement to evidence its agreement to the provisions of Section 7(a) hereof.
	
	 LONE STAR FUND IX (U.S.), L.P.,
 a
Delaware limited partnership

	
	By: Lone Star Partners IX, L.P., its general partner
	
	By: Lone Star Management Co. IX, Ltd., its general partner
		
	By:	 	 /s/ Stewart L. Motley

		 	 Stewart L. Motley
 Vice President

  
 9EX-10.16

 Exhibit 10.16 

Execution Version 

EMPLOYMENT AGREEMENT 

This EMPLOYMENT AGREEMENT (the “Agreement”) is entered into as of the
8th day of July, 2015 between HBP Pipe and Precast LLC, a Delaware limited liability company (the “Company”), and Jeff Bradley (the “Executive”) (each of the
foregoing individually a “Party” and collectively the “Parties”). 
 WHEREAS, the Company wishes to employ
the Executive and the Executive wishes to be employed by the Company, in each case, on the terms and conditions set forth herein. 
 NOW,
THEREFORE, in consideration of the covenants, promises and representations set forth herein, and for other good and valuable consideration the receipt and sufficiency of which are hereby acknowledged, the Parties hereto, intending to be legally
bound, hereby agree as follows: 
 1. Employment. The Executive’s employment hereunder shall commence on August 15, 2015, or
such other date as may be mutually agreed between the Parties (the “Effective Date”) and end on the date the Executive’s employment is terminated pursuant to Section 5 hereof (the “Employment Period”).
During the Employment Period, the Executive will devote substantially all of his full business time and use his best commercially reasonable efforts to advance the business and welfare of the Company and its subsidiaries and affiliates and will not
engage in (i) any other employment or business activities, or (ii) any other activities for any direct or indirect remuneration that would be harmful or detrimental to the business and affairs of the Company or that would interfere with
his duties hereunder. The foregoing, however, shall not preclude the Executive from (A) serving on civic or charitable boards or committees, managing personal investments, or engaging in such other activities as the Board of Directors of the
Company or its equivalent (such entity, the “Board”) may approve from time to time, nor (B) owning up to five percent (5%) of any class of equity securities of any corporation having a class of equity securities registered
pursuant to the Securities Exchange Act of 1934, as amended, which are publicly owned and regularly traded on any national securities exchange or over-the-counter market, in each case so long as such activities do not materially interfere with the
performance of the Executive’s responsibilities hereunder. 
 2. Position. During the Employment Period, the Executive shall
serve as Chief Executive Officer of the Company and shall report directly to the Board. Notwithstanding that the Company is Executive’s employer, Executive shall be the top executive officer of the Company and its affiliates, in charge of
worldwide operations. During the Employment Period, the Executive shall also serve in such other capacities as may be reasonably requested from time to time by the Board consistent with the Executive’s position and shall render such other
services for the Company as the Board may from time to time reasonably request and as shall be consistent with the Executive’s position and responsibilities. 

 3. Compensation. 

(a) Base Salary. During the Employment Period, the Executive shall receive a base salary at a rate of $800,000 per annum, which shall be
paid in accordance with the customary payroll practices of the Company, and shall be subject to review on an annual basis as determined by the Board or a committee thereof (the “Base Salary”). 

(b) Annual Bonus. In addition to the Base Salary, during each calendar year of the Employment Period, the Executive shall be eligible to
earn an annual cash performance bonus, with a target bonus amount equal to not less than 100% (and a maximum equal to 200%) of his then annual Base Salary (the “Performance Bonus”), based on attainment of certain performance
criteria established by the Board in consultation with the Executive. Each Performance Bonus shall be paid to Executive not later than two and one-half months following the completion of the calendar year in question. The annual cash Performance
Bonus for the 2015 calendar year shall be pro-rated based on the number of days between the Effective Date and December 31, 2015. 
 (c)
Long-Term Incentive Plan. The Executive shall receive an award under the LSF9 Concrete Holdings Ltd. Long Term Incentive Plan (the “LTIP”). The LTIP plan document and the Executive’s award agreement thereunder will be
provided to the Executive under separate cover. 
 (d) Participation in Benefit Plans. During the Employment Period, the Executive
(and where permitted, his dependents) shall be entitled to receive all perquisites and participate in all benefit plans, programs and policies maintained by the Company from time to time that are available generally to its similarly-situated senior
executives (collectively, “Perquisites and Benefits”); provided, however, that the Executive’s right to receive such Perquisites and participate in such Benefits shall not affect the Company’s right to amend or
terminate the general applicability of such Perquisites and Benefits. The Company may, in its sole discretion and from time to time, amend, eliminate or establish benefit programs as it deems appropriate. 

(e) Expenses. The Company shall reimburse the Executive for all reasonable travel and other business expenses incurred by him in the
performance of his duties to the Company in accordance with the Company’s applicable expense reimbursement policies and procedures. Any expenses shall be reimbursed promptly in accordance with such policies and procedures. 

(f) Relocation. The Company will assist the Executive in relocating in connection with the Executive’s employment with the Company
and will reimburse the Executive for reasonable, documented relocation costs. 
 (g) Vacation. During the Employment Period, the
Executive shall be entitled to four (4) weeks of paid vacation during each calendar year in accordance with the Company’s policies, pro-rated, in the case of any partial year, for the actual number of days that the Executive was employed
by the Company during such calendar year. 
 4. Location of Employment. As of the Effective Date, the Executive’s principal
business location shall be at the Company’s offices in Irving, Texas; provided, however, that the Executive will be required to travel and spend time at the Company’s other offices as reasonably required by the Company and consistent with
his position, duties and responsibilities. 

  
 2 

 5. Termination of Employment. Subject to the further provisions of this Section 5,
the Employment Period and the Executive’s employment hereunder may be terminated by either Party at any time and for any or no reason; provided, however, that the Company and the Executive will be required to give written notice of any
termination of the Executive’s employment as set forth in this Section 5. Notwithstanding any other provision of this Agreement, the provisions of this Section 5 shall exclusively govern the Executive’s rights to compensation and
benefits upon termination of employment with the Company. 
 (a) Notice of Termination. Any termination or resignation of the
Executive’s employment by the Company or by the Executive, as applicable, under this Section 5 (other than termination of employment as a result of the Executive’s death or disability) shall be communicated by a written notice (a
“Notice of Termination”) to the other Party hereto (i) indicating whether the termination is for or without Cause (as defined below) or the resignation is for or without Good Reason (as defined below), (ii) indicating the
specific termination provision in this Agreement relied upon, and (iii) specifying a date of termination (the “Date of Termination”), which, if submitted by the Executive, shall be thirty (30) days following the date of
such notice (or the first business day following the last day of the Cure Period, in the case of Executive’s resignation for Good Reason, or such other date as mutually agreed by the Company and the Executive). 

(b) Accrued Rights. Upon a termination of the Executive’s employment for any reason, the Executive (or the Executive’s estate)
shall be entitled to receive the sum of the Executive’s Base Salary through the Date of Termination not theretofore paid (payable within 30 days of the Date of Termination); any unreimbursed business expenses; any annual bonus earned by the
Executive pursuant to Section 3(b) for any calendar year completed prior to the Date of Termination that remains unpaid as of the Date of Termination (payable at the same time as annual bonuses are paid to executives generally); and any amount
arising from the Executive’s participation in, or benefits under, any employee benefit plans, programs or arrangements (including without limitation, any disability or life insurance benefit plans, programs or arrangements), which amounts shall
be payable in accordance with the terms and conditions of such employee benefit plans, programs or arrangements (collectively, the “Accrued Rights”). 

(c) Termination by the Company without Cause or Resignation For Good Reason. If the Executive’s employment shall be terminated by
the Company without Cause (and not by reason of Executive’s death or Disability), or by the Executive for Good Reason, then, in addition to the Accrued Rights, the Company shall (subject to the Executive’s execution, within twenty-one
(21) days following receipt thereof, of a waiver and general release of claims in substantially the form attached hereto as Exhibit A, and such general release of claims becoming effective and irrevocable in accordance with its terms): 

(1) continue to pay to the Executive, in accordance with the Company’s regular payroll practice following the Date of Termination, the
Executive’s Base Salary for a period of twelve (12) months (the “Severance Period”); 
 (2) pay to Executive, at
the time annual bonuses are paid to other Company executives, but no later than March 15 of the year following the year in which the Date of Termination occurs, an annual Performance Bonus for the calendar year of termination (based on actual
performance for such year) in a lump sum amount pro-rated based on the number of days in the calendar year of termination from January 1st through the Date of Termination; and 

  
 3 

 (3) pay to Executive an amount equal to his target Performance Bonus of 100% of his then annual
Base Salary, payable in one lump sum payment due on the Date of Termination; and 
 (4) pay or reimburse Executive for the cost of up to one
year of COBRA continuation coverage for Executive and his covered dependents; provided that Executive elects and receives such coverage in accordance with the terms and conditions of the applicable benefit plans. 

Notwithstanding the foregoing the Company shall not be obligated to continue to make any such payments described in this Section 5(c) if after the Date of
Termination Executive materially violates any of the restrictive covenants set forth in Section 6. Following the Executive’s termination of employment by the Company without Cause (and not by reason of Executive’s death or
Disability), or by the Executive for Good Reason, except as set forth in this Section 5(c), the Executive shall have no further rights to any compensation or any other benefits under this Agreement. 

(i) “Cause” shall be deemed to exist if any of the following items shall apply: (i) a material breach of the
Executive’s obligations under this Agreement; (ii) willful misconduct by the Executive in the performance of his duties to the Company or a material violation by the Executive of any material written policies of the Company of general
application to executives or specific written directions of the Board that are consistent with Executive’s position and duties hereunder; (iii) a breach of any fiduciary duty which the Executive owes to the Company or any affiliate in his
capacity as an employee or officer; (iv) the conviction or plea of guilty or no contest by the Executive with respect to (A) a felony or (B) embezzlement, dishonesty, or intentional and actual fraud; (v) the repeated use of
illicit drugs or other illicit substances or the repeated abuse of alcohol; or (vi) an unexplained absence from work for more than ten (10) days in any twelve (12) month period (vacation, reasonable personal leave, reasonable sick
leave, and Disability excepted). In each such case of Cause, the Company shall provide the Executive with written notice of the grounds for a Cause termination within ninety (90) days of the initial occurrence thereof, and (other than with
respect to any termination for Cause pursuant to clauses (iv) or (v) above) if curable, the Executive shall have a period of thirty (30) days to cure after receipt of the written notice (the “Executive Cure Period”).
Executive (and his counsel) shall also be afforded the opportunity to meet with the Board within fifteen (15) days after delivery of the written notice of Cause to discuss the Executive’s alleged non-compliance. Except where the Executive
Cure Period is inapplicable, termination of the Executive following the Executive’s cure or before the expiration of the Executive Cure Period shall constitute a termination without Cause and not a termination for Cause. If the alleged Cause
event has not been cured at the end of any applicable Executive Cure Period, the Company’s termination of employment for Cause will be effective on the first business day following the last day of the Executive Cure Period. 

  
 4 

 (ii) “Good Reason” shall be deemed to exist if, without the Executive’s
consent: (i) there is a material diminution in the duties, responsibilities, title or authority of the Executive, or the Executive no longer reports directly to the Board; (ii) there is a reduction in the Executive’s then Base Salary
or any incentive compensation opportunity; (iii) any material breach by the Company of this Agreement, or (iv) the Company moves the Executive’s primary location of employment and the distance between the Employee’s residence and
new primary business location is at least 35 miles greater than the distance between the Executives residence and former primary business location. In each such case of Good Reason, the Executive shall provide the Company with written notice of the
grounds for a Good Reason termination within ninety (90) days of the initial occurrence thereof, and the Company shall have a period of thirty (30) days (but only ten (10) days for any monetary default by the Company) to cure after
receipt of the written notice (the “Cure Period”). Resignation by the Executive following the Company’s cure or before the expiration of the Cure Period shall constitute a voluntary resignation and not a termination or
resignation for Good Reason. If the alleged Good Reason event has not been cured at the end of the Cure Period, the Executive’s termination of employment for Good Reason will be effective on the first business day following the last day of the
Cure Period. 
 (d) Termination by the Company for Cause; Resignation Without Good Reason. If the Executive’s employment shall be
terminated by the Company for Cause or upon the Executive’s resignation without Good Reason, the Executive shall only be entitled to receive the Accrued Rights. Following the Executive’s termination of employment by the Company for Cause
or upon the Executive’s resignation without Good Reason, except as set forth in this Section 5(d), the Executive shall have no further rights to any compensation or any other benefits under this Agreement. 

(e) Disability or Death. The Employment Period and the Executive’s employment hereunder shall terminate immediately upon the
Executive’s death and may be terminated by the Company if the Executive is (in the good faith judgment of the Board after consultation with qualified medical professionals) physically or mentally incapacitated and therefore has been unable for
a period of one hundred twenty (120) days in any 365-day period to perform the essential functions of Executive’s position, with a reasonable accommodation (such incapacity is hereinafter referred to as “Disability”), in
each case, in a manner consistent with applicable state and federal law. Upon termination of the Executive’s employment hereunder by reason of his Disability or death, the Executive or the Executive’s estate (as the case may be) shall only
be entitled to receive: (i) the Accrued Rights; (ii) pay to Executive or Executive’s estate or guardian, as applicable, at the time annual bonuses are paid to other Company executives, but no later than March 15 of the year
following the year in which the Date of Termination occurs, an annual Performance Bonus for the calendar year of termination (based on actual performance for such year) in a lump sum amount pro-rated based on the number of days in the calendar year
of termination from January 1st through the Date of Termination; and (iii) such additional payments, if any, as determined by the Board in its sole and absolute discretion. Following the termination of the Executive’s employment by reason
of the Executive’s Disability or death, except as set forth in this Section 5(e), the Executive shall have no further rights to any compensation or any other benefits under this Agreement. 

  
 5 

 (f) No Mitigation or Offset. Executive shall not be required to mitigate amounts payable
under this Agreement by seeking other employment or otherwise, and there shall be no offset against amounts due Executive under this Agreement on account of subsequent employment except as specifically provided herein. Additionally, except as
specifically set forth in Section 5(c) above, amounts owed to Executive under this Agreement shall not be offset by any claims the Company may have against Executive and the Company’s obligation to make the payments provided for in this
Agreement and otherwise to perform its obligations hereunder, shall not be affected by any other circumstances, including, without limitation, any counterclaim, recoupment, defense or other right which the Company may have against Executive or
others. 
 (g) Return of Property. Upon cessation of the Executive’s employment with the Company for any reason, whether
voluntary or involuntary, the Executive shall immediately deliver to the Company (i) all physical, computerized, electronic or other types of records, documents, proposals, notes, lists, files and any and all other materials, including
computerized and electronic information, that refers, relates or otherwise pertains to the Company or any affiliate of the Company (or business dealings thereof) that are in the Executive’s possession, subject to the Executive’s control or
held by the Executive for others; and (ii) all property or equipment that the Executive has been issued by the Company or any affiliate of the Company during the course of his employment or property or equipment thereof that the Executive
otherwise possesses, including any computers, pagers and other devices, except that the Executive shall be permitted to retain his address books and cellular phones, provided, that the Company shall be permitted to wipe any Confidential Information
(as defined in Section 6(c) below) from the Executive’s cellular phone as of the Date of Termination. The Executive acknowledges that he is not authorized to retain any physical, computerized, electronic or other types of copies of any
such physical, computerized, electronic or other types of records, documents, proposals, notes, lists, files or materials, and is not authorized to retain any other property or equipment of the Company or any affiliate of the Company; provided,
however, the Executive may retain copies of documents relating to any employee benefit plans applicable to the Executive and income records to the extent necessary for the Executive to prepare the Executive’s individual tax returns or any
records pertinent to any disputed termination of this Agreement or any claim for indemnification from the Company. The Executive further agrees that the Executive will immediately forward to the Company (and thereafter destroy any physical or
electronic copies thereof) any business information relating to the Company or any affiliate of the Company that has been or is inadvertently directed to the Executive following the Executive’s last day of employment. The provisions of this
Section 5(g) are in addition to any other written obligations on the subjects covered herein that the Executive may have with the Company and its affiliates, and are not meant to and do not excuse such obligations. Upon the termination of his
employment with the Company and its subsidiaries, the Executive shall, upon the Company’s request, promptly execute and deliver to the Company a certificate (in form and substance satisfactory to the Company) to the effect that the Executive
has complied with the provisions of this Section 5(g). 
 (h) Resignation of Offices. Promptly following any termination of the
Executive’s employment with the Company (other than by reason of the Executive’s death), the Executive shall promptly deliver to the Company reasonably satisfactory written evidence of the Executive’s resignation from all positions
that the Executive may then hold as an employee, officer or director of the Company or any affiliate of the Company. 

  
 6 

 (i) Further Assurances; Cooperation. Following the termination of the Executive’s
employment with the Company, the Executive shall execute any and all documents reasonably requested by the Company to secure the Company’s right to any Work Product (as defined in Section 6(b)), and the Executive agrees to make himself
available as reasonably requested by the Company with respect to, and to use reasonable efforts to cooperate in conjunction with, any litigation or investigation arising from events that occurred during the Executive’s employment with the
Company and its affiliates (whether such litigation or investigation is then pending or subsequently initiated) involving the Company or any affiliate of the Company, including providing testimony and preparing to provide testimony if so requested
by the Company. The Company shall reimburse the Executive for any travel and other expenses incurred in connection with cooperation provided under this Section 5(i) and shall pay the Executive reasonable compensation for any time or effort
expended by him in connection with any requested actions or assistance after the Employment Period, whether such actions or assistance are required under this Section 5(i) or Section 6(b). 

6. Restrictive Covenants. 

(a) Confidential Information. During the course of the Executive’s employment with the Company, the Executive will be given access
to and receive Confidential Information (as defined below) regarding the business of the Company and its affiliates. The Executive agrees that the Confidential Information constitutes a protectable business interest of the Company and its affiliates
and covenants and agrees that at all times during the Executive’s employment with the Company, and at all times following the Executive’s termination, the Executive will not, directly or indirectly, disclose any Confidential Information
other than in the good faith performance of his duties hereunder. As used in this Agreement, the term “Confidential Information” means any and all confidential, proprietary or trade secret information of the Company or an affiliate
not within the public domain, whether disclosed, directly or indirectly, verbally, in writing (including electronically) or by any other means in tangible or intangible form, including that which is conceived or developed by the Executive,
applicable to or in any way related to: (i) the present or future business activities, products and services, and customers of the Company or its affiliates; (ii) the research and development of the Company or its affiliates; or
(iii) the business of any client or vendor of the Company or its affiliates. Such Confidential Information includes the following property or information of the Company or its affiliates, by way of example and without limitation, trade secrets,
processes, formulas, data, program documentation, customer lists, designs, drawings, algorithms, source code, object code, know-how, improvements, inventions, licenses, techniques, all plans or strategies for marketing, development and pricing,
business plans, financial statements, profit margins and all information concerning existing or potential clients, suppliers or vendors. Confidential Information of the Company also means all similar information disclosed to any member of the
Company by third parties that is subject to confidentiality obligations. The Company shall not be required to advise the Executive specifically of the confidential nature of any such information, nor shall the Company be required to affix a
designation of confidentiality to any tangible item, in order to establish and maintain its confidential nature. Notwithstanding the preceding to the contrary, Confidential Information shall not include general industry information or information
that is publicly available or readily discernable from publicly available products or literature; information that the Executive lawfully acquires from a source other than the Company or its affiliates or any client or vendor of the Company or any
of its affiliates (provided that such source is not known by Executive, after reasonable inquiry, to be bound by a confidentiality agreement with the Company or any of its affiliates); information that

  
 7 

 
is required to be disclosed pursuant to any law, regulation, rule of any governmental body or authority, or stock exchange, or court order; or information that reflects employee’s own
skills, knowledge, know-how and experience gained prior to employment or service and outside of any connection to or relationship with the Company or any of its affiliates. 

(b) Intellectual Property Ownership. The Executive hereby assigns to the Company all rights, including, without limitation, copyrights,
patents, trade secret rights, and other intellectual property rights associated with any ideas, concepts, techniques, inventions, processes, works of authorship, Confidential Information or trade secrets (i) developed or created by the
Executive, solely or jointly with others, during the course of performing work for or on behalf of the Company or any affiliate of the Company, whether as an employee or independent contractor, at any time during the Employment Period,
(ii) that the Executive conceives, develops, discovers or makes in whole or in part during the Executive’s employment by the Company that relate to the business of the Company or any affiliate of the Company or the actual or demonstrably
anticipated research or development of the Company or any affiliate of the Company, or (iii) that the Executive conceives, develops, discovers or makes in whole or in part during or after the Executive’s employment by the Company that are
made through the use of any trade secrets of the Company or the significant use of the equipment, facilities, supplies, or time of the Company or any affiliate of the Company, or that result from any work the Executive performs for the Company or
any affiliate of the Company (collectively, the “Work Product”). Without limiting the foregoing, to the extent possible, all software, compilations and other original works of authorship included in the Work Product will be
considered a “work made for hire” as that term is defined in Title 17 of the United States Code. If, notwithstanding the foregoing, the Executive for any reason retains any right, title or interest in or relating to any Work Product, the
Executive agrees promptly to assign, in writing and without any requirement of further consideration, all such right, title, and interest to the Company. Upon request of the Company at any time during or after the Employment Period, the Executive
will take such further actions, including execution and delivery of instruments of conveyance, as may be appropriate to evidence, perfect, record or otherwise give full and proper effect to any assignments of rights under or pursuant to this
Agreement; provided that the Company shall bear the entire cost and expenses of such further actions and assistance. The Executive will promptly disclose to the Company any such Work Product in writing. 

(c) Agreement Not to Compete. The Executive acknowledges that the Company has spent significant time, effort and resources protecting
its Confidential Information and customer goodwill. The Executive further acknowledges that the Confidential Information is of significant competitive value to the Company in the industry in which it competes, and that the use or disclosure, even if
inadvertent, of such Confidential Information for the benefit of a competitor could cause significant damage to the legitimate business interests of the Company. Accordingly, in order to protect the legitimate business and customer goodwill
interests of the Company, to protect that Confidential Information against inappropriate use or disclosure, and in consideration for the Executive’s employment and the benefits provided to the Executive (including, without limitation, the
benefits payable to the Executive pursuant to this Agreement), the Executive agrees that during the period commencing on the Effective Date and, provided that the Company complies with its obligations, if any, under Section 5(c) hereof, ending
on the date that is twelve (12) months after the Date of Termination of this Agreement (the “Restricted Period”), without the prior written consent of the Company (which consent shall be exercised in

  
 8 

 
the Company’s sole and absolute discretion) the Executive shall not directly or indirectly (including, without limitation, as an employee, officer, director, owner, consultant, manager, or
independent contractor) engage in or be employed by or otherwise provide services for compensation to any entity engaged in the business of developing, manufacturing, or selling concrete, clay or steel building products, including, but not limited
to, pipe, bricks, and roofing materials, within any state, province or region (whether in the United States or in any country) in which the Company, any subsidiary of the Company, or any affiliate of the Company that is under the common control with
the Company (collectively, the “Company Group”) conducts such business as of the Date of Termination (a “Competing Business”). The foregoing, however, shall not prevent the Executive’s passive ownership of up
to five percent (5%) or less of the equity securities of any publicly traded company. 
 (d) Agreement Not to Solicit Employees.
The Executive agrees that during the Restricted Period, the Executive shall not, directly or indirectly, solicit, recruit or hire any person who is as of the Date of Termination (or was within twelve (12) months prior to the Date of
Termination) an employee of the Company or an affiliate (provided, however, that the foregoing provision shall not prohibit solicitations made by the Executive to the general public or the Executive’s serving as a reference for any such
employee upon request). 
 (e) Agreement Not to Solicit Business Contacts. The Executive agrees that during the Restricted Period, the
Executive will not (other than in the good faith performance of his duties hereunder) directly or indirectly (i) solicit or encourage any client, customer, bona fide prospective client or customer with whom the Executive has had personal
contact in the twelve months preceding the Date of Termination, supplier, licensee, licensor, landlord or other business relation of the Company and/or any of its affiliates (each a “Business Contact”) to terminate or diminish its
relationship with them; or (ii) seek to persuade any such Business Contact to conduct with anyone else any Competing Business. 
 (f)
Non-Disparagement. The Executive shall not, during the Restricted Period, disparage the Company (or any affiliate) in any way that materially and adversely affects the goodwill, reputation or business relationships of the Company or the
affiliate with the public generally, or with any of its customers, vendors or employees. During the Restricted Period, the Company shall not (and shall use reasonable efforts to procure that its directors and officers, its affiliates and the
respective directors and officers or such affiliates shall not) disparage the Executive in any way that materially and adversely affects him or his reputation. Notwithstanding the foregoing, this Section shall not prohibit either Party from
rebutting claims or statements made by any other person. 
 (g) Enforcement. The Executive acknowledges that he has carefully read and
considered all the terms and conditions of this Agreement, including the restraints imposed upon him pursuant to this Section 6. The Executive agrees that each of the restraints contained herein are necessary for the protection of the goodwill,
Confidential Information and other legitimate interests of the Company; that each and every one of these restraints is reasonable in respect to subject matter, length of time and geographic area; and that these restraints, individually or in the
aggregate, will not prevent him from obtaining other suitable employment during the period in which the Executive is bound by such restraints. The Executive further acknowledges that, were he to breach any of the covenants contained in this
Section 6, the damage to the Company would be irreparable. The Executive therefore agrees that the Company, in addition to any other remedies available to it, shall be entitled to injunctive relief against any breach or threatened breach by the
Executive of any of said covenants. 

  
 9 

 7. Severability. If any portion or provision of this Agreement shall to any extent be
declared illegal or unenforceable by a court of competent jurisdiction, then the remainder of this Agreement, or the application of such portion or provision in circumstances other than those as to which it is so declared illegal or unenforceable,
shall not be affected thereby, and each portion and provision of this Agreement shall be valid and enforceable to the fullest extent permitted by law. 

8. Mutual Drafting. Each Party has had the opportunity to be represented by counsel of its choice in negotiating this Agreement. This
Agreement shall therefore be deemed to have been negotiated and prepared at the joint request, direction and construction of the Parties, at arm’s length, with the advice and participation of counsel, and shall be interpreted in accordance with
its terms without favor to either Party, and no presumption or burden of proof shall arise favoring or disfavoring either Party by virtue of the authorship of any of the provisions of this Agreement. 

9. Section 409A of the Internal Revenue Code. Notwithstanding anything contained in this Agreement to the contrary, to the maximum
extent permitted by applicable law, amounts payable to the Executive pursuant to Section 5 are intended to be made in reliance upon Treas. Reg. § 1.409A-1(b)(4) (short-term deferral). No amounts payable under this Agreement upon the
Executive’s termination of employment shall be payable unless the Executive’s termination of employment constitutes a “separation from service” within the meaning of Treas. Reg. § 1.409A-1(h). Furthermore, if the Executive
is a Specified Employee (as defined for purposes of Section 409A of the Internal Revenue Code of 1986, as amended (“Section 409A”)), with respect to any amount or benefit payable or due by reason of a separation from service that
constitutes nonqualified deferred compensation within the meaning of Section 409A (after taking into account all applicable exemptions), such amounts or benefits shall not commence until after the end of the six continuous month period
following the date of the Executive’s separation from service, in which case, all payments and benefits delayed pursuant to this section (whether they would have otherwise been payable in a single sum or in installments in the absence of such
delay) shall be paid or reimbursed to the Executive in a lump-sum cash payment on the first day of the seventh month following the date of the Executive’s separation from service. The Company and the Executive intend that their exercise of
authority or discretion under this Agreement shall comply with Section 409A. If any provision of this Agreement does not satisfy the requirements of Section 409A, such provision shall nevertheless be applied in a manner consistent with
those requirements. If any provision of this Agreement would subject the Executive to additional tax or interest under Section 409A, the Company shall reform the provision. However, the Company shall maintain to the maximum extent practicable
the original intent of the applicable provision without subjecting the Executive to additional tax or interest, and the Company shall not be required to incur any additional compensation expense as a result of the reformed provision. In no event
whatsoever shall the Company be liable for any tax, interest or penalties that may be imposed on the Executive under Section 409A, unless the direct result of the Company’s breach of its obligations hereunder. Notwithstanding the
foregoing, no particular tax result for the Executive with respect to any income recognized by the Executive in 

  
 10 

 connection with this Agreement is guaranteed. Neither the Company nor any of its affiliates shall have any
obligation to indemnify or otherwise hold the Executive harmless from any or all such taxes, interest, or penalties, or liability for any damages related thereto. The Executive acknowledges that he has been advised to obtain independent legal, tax
or other counsel in connection with Section 409A. Each payment under this Agreement is intended to be a “separate payment” and not a series of payments for purposes of Section 409A. Any payments or reimbursements of any expenses
provided for under this Agreement shall be made in accordance with Treas. Reg. § 1.409A-3(i)(1)(iv). With respect to reimbursements or in-kind benefits provided under this Agreement: (a) the Company will not provide for cash in lieu of a
right to reimbursement or in-kind benefits to which the Executive has a right under this Agreement, (b) any reimbursement or provision of in-kind benefits made during the Executive’s lifetime (or such shorter period prescribed by a
specific provision of this Agreement) shall be made not later than December 31st of the year following the year in which the Executive incurs the expense, and (c) in no event will the amount of expenses so reimbursed, or in-kind benefits
provided, by the Company in one year affect the amount of expenses eligible for reimbursement or in-kind benefits to be provided, in any other taxable year. All references in this Agreement to Section 409A include rules, regulations, and
guidance of general application issued by the Department of the Treasury under Section 409A. 
 10. Governing Law. This Agreement
shall be construed and enforced under and be governed in all respects by the laws of the State of Texas, without regard to the conflict of laws principles thereof. 

11. Binding Arbitration. 

(a) Generally. The Executive and the Company agree that any controversy or claim arising out of or relating to this Agreement, the
employment relationship between the Executive and the Company, or the termination thereof, including the arbitrability of any controversy or claim, which cannot be settled by mutual agreement will be finally settled by binding arbitration in
accordance with the Expedited Arbitration Procedures of Judicial Arbitration & Mediation Service, Inc. (“JAMS”), as set forth in Section 16.1 et seq. of the JAMS rules, or any successor provision thereto, as follows: Any
Party aggrieved will deliver a notice to the other Party setting forth the specific points in dispute. Any points remaining in dispute twenty (20) days after the giving of such notice may, upon ten (10) days’ notice to the other
party, be submitted to JAMS arbitration conducted before a single neutral arbitrator in Dallas, Texas. The arbitrator shall be appointed by agreement of the parties hereto or, if no agreement can be reached, by JAMS. The arbitrator may enter a
default decision against any Party who fails to participate in the arbitration proceedings. Notwithstanding the foregoing, a Party who seeks equitable relief, including injunctive relief, shall not be obligated to utilize the arbitration proceedings
required hereunder and instead may seek such relief in any state or federal court sitting in Dallas, Texas. 
 (b) Binding Effect. The
decision of the arbitrator on the points in dispute will be final, unappealable and binding, and judgment on the award may be entered in any court having jurisdiction thereof. The arbitrator shall only be authorized to interpret the provisions of
this Agreement, and shall not amend, change or add to any such provisions. The Parties agree that this provision has been adopted by the Parties to rapidly and inexpensively resolve any 

  
 11 

 disputes between them and that this provision will be grounds for dismissal of any court action commenced by
either Party with respect to this Agreement, other than post-arbitration actions seeking to enforce an arbitration award or proceedings seeking equitable relief as permitted under Section 11 (a). In the event that any court determines that this
arbitration procedure is not binding, or otherwise allows any litigation regarding a dispute, claim, or controversy covered by this Agreement to proceed, the Parties hereto hereby waive any and all right to a trial by jury in or with respect to such
litigation. 
 (c) Fees and Expenses. Except as otherwise provided in this Agreement or by applicable law, the arbitrator will be
authorized to apportion its fees and expenses as the arbitrator deems appropriate and the arbitrator will be authorized to award the prevailing party its fees and expenses (including attorneys’ fees). In the absence of any such apportionment or
award, each Party will bear its own expenses and the fees of its own attorney. 
 (d) Confidentiality. The Parties and the arbitrator
will keep confidential, and will not disclose to any person, except the parties’ advisors and legal representatives, or as may be required by law or to enforce in court an arbitrator’s award, the existence of any controversy under this
Section 11, the referral of any such controversy to arbitration or the status or resolution thereof. 
 (e) Waiver. The Executive
acknowledges that arbitration pursuant to this Agreement includes all controversies or claims of any kind (e.g., whether in contract or in tort, statutory or common law, legal or equitable) now existing or hereafter arising under any federal, state,
local or foreign law, including, but not limited to, the Age Discrimination in Employment Act, Title VII of the Civil Rights Act of 1964, the Civil Rights Act of 1866, the Employee Retirement Income Security Act, the Family and Medical Leave Act,
the Americans With Disabilities Act and all similar federal, state and local laws, and the Executive hereby waives all rights thereunder to have a judicial tribunal and/or a jury determine such claims. 

(f) Acknowledgment. The Executive acknowledges that before agreeing to participate in this Agreement, the Executive has had the
opportunity to consult with any attorney or other advisor of the Executive’s choice, and that this provision constitutes advice from the Company to do so if the Executive chooses. The Executive further acknowledges that the Executive has agreed
to enter into this Agreement of the Executive’s own free will, and that no promises or representations have been made to the Executive by any person to induce the Executive to enter into this Agreement other than the express terms set forth
herein. The Executive further acknowledges that the Executive has read this Agreement and understands all of its terms, including the waiver of rights set forth in this Section 11. 

12. Indemnification. The Company shall, to the maximum extent permitted by applicable law, indemnify the Executive and hold him harmless
against liabilities, expenses, judgments, fines, settlements, awards, costs (including attorneys’ fees) and other amounts actually and reasonably incurred by the Executive in connection with any threatened, pending or completed action, suit,
arbitration, alternative dispute mechanism, inquiry, judicial, administrative or legislative hearing, investigation or proceeding of any kind arising by reason of the fact that the Executive is or was an employee, officer or director of the Company,
its subsidiaries, affiliates or any other member of the Company Group. Expenses incurred by the 

  
 12 

 
Executive that the Company is required to indemnify as set forth above shall be paid (including advancement of expenses if requested by the Executive) or reimbursed by the Company as soon as
practicable following receipt by it of a request for payment or reimbursement (provided such request provides reasonable evidence of the expenditure) and an undertaking of the Executive to repay such expenses if it should ultimately be determined by
a court of competent jurisdiction that the Executive was not entitled to be indemnified by the Company. The Executive shall at all times be covered for acts and omissions performed while an employee or officer of the Company under any directors and
officers liability insurance policy maintained by the Company on terms no less favorable than those applicable to other executive officers, directors or managers of the Company Group. This Section 12 shall, for the avoidance of doubt, survive
termination of the Executive’s employment with the Company and/or termination of this Agreement. 
 13. Assignment. Neither the
Company nor the Executive may make any assignment of this Agreement or any interest herein, by operation of law or otherwise, without the prior written consent of the other; provided, however, that the Company may assign its rights and
obligations to any affiliate of the Company or to a successor to the business of the Company or all or substantially all of the assets of the Company without the consent of the Executive (provided, further that no such assignment shall release the
Company of its obligations hereunder). This Agreement shall inure to the benefit of and be binding upon the Company and the Executive, their respective successors, executors, administrators, heirs and permitted assigns. 

14. Waiver. No waiver of any provision hereof shall be effective unless made in writing and signed by the waiving Party. The failure of
either Party to require the performance of any term or obligation of this Agreement, or the waiver by either Party of any breach of this Agreement, shall not prevent any subsequent enforcement of such term or obligation or be deemed a waiver of any
subsequent breach. 
 15. Notices. Any and all notices, requests, demands and other communications provided for by this Agreement
shall be in writing and shall be effective when delivered in person, consigned to a reputable national courier service or deposited in the United States mail, postage prepaid, registered or certified, and addressed to the Executive at his last known
address on the books of the Company or, in the case of the Company, at its principal place of business, attention of the Legal Department or to such other address as any Party may specify by notice to the other actually received. Any notice to
Executive shall include a copy (delivered by the same means) to Stearns Weaver Miller Weissler Alhadeff & Sitterson, P.A., 150 West Flagler Street, Suite 2200, Miami, FL 33130 Attention: Richard “Rick” E. Schatz, Esq. 

16. Entire Agreement. This Agreement, along with the LTIP and any award agreement entered into thereunder, constitutes the entire
agreement between the Parties hereto pertaining to the subject matter hereof and supersedes all prior and contemporaneous agreements, understandings, negotiations and discussions, whether oral or written, of the Parties with respect to such subject
matter. 
 17. Amendment. This Agreement may be amended or modified only by a written instrument signed by the Executive and by an
expressly authorized representative of the Company. 

  
 13 

 18. Headings. The headings and captions in this Agreement are for convenience only, and in
no way define or describe the scope or content of any provision of this Agreement. 
 19. Counterparts. This Agreement may be executed
in two or more counterparts, each of which shall be an original and all of which together shall constitute one and the same instrument. 

20. Legal Fees. Within three (3) business days following the Executive’s submission of proper documentation of the same, the
Company shall reimburse the Executive for his reasonably incurred legal fees and expenses associated with the preparation and negotiation of this Agreement, the grant of an award to participate in the LTIP, including negotiation of the terms of such
award. 
 [Remainder of page is intentionally blank] 

  
 14 

 IN WITNESS WHEREOF, the Parties hereto, intending to be legally bound hereby, have hereunto set
their hands under seal, effective as of the date first set forth above. 
  

			
	 EXECUTIVE
  

/s/ Jeff Bradley

	  
 Jeff
Bradley

	
	COMPANY
	HBP Pipe and Precast LLC
		
	By:	 	 /s/ Lori M. Browne

		 	Name: Lori M. Browne
		 	Title: Vice President & General Counsel

 SIGNATURE PAGE TO EMPLOYMENT AGREEMENT 

 Exhibit A 

FORM OF WAIVER AND RELEASE OF CLAIMS 

This WAIVER AND RELEASE OF CLAIMS (this “Agreement”) is entered into as of this
             day of             , 20    , by and between
                     (the “Executive”) and HBP Pipe and Precast LLC, a Delaware limited liability company (the
“Company”). 
  

	1.	General Release of Claims. 

  

	 	a.	In consideration of and subject to performance by the Company of its obligations under that certain Employment Agreement, dated             ,
20    , by and between the Company and Executive (the “Employment Agreement”), including without limitation, the payments (less all applicable federal, state and local withholdings) set forth in Section 5(c)
of the Employment Agreement, and subject to the Company’s execution and delivery of this Agreement in the space provided below (collectively, the “Consideration”) Executive, on behalf of himself and his agents, heirs,
executors, successors and assigns (collectively, the “Executive Parties”), knowingly and voluntarily releases, remises, and forever discharges the Company, LSF9 Concrete Mid-Holdings Ltd., LSF9 Concrete Holdings Ltd., LSF9 Concrete
Ltd., Lone Star Fund IX (U.S.), L.P., and, to the extent that they could be liable in respect of their positions with any of the foregoing, each of their respective parents, subsidiaries or affiliates, together with each of their current and former
principals, officers, directors, partners, shareholders, agents, representatives and employees, and each of their respective affiliates, and each of the above listed person’s heirs, executors, successors and assigns whether or not acting in his
or her representative, individual or any other capacity (collectively, the “Company Released Parties”), to the fullest extent permitted by law, from any and all debts, demands, actions, causes of actions, accounts, covenants,
contracts, agreements, claims, damages, costs, expenses, omissions, promises, and any and all claims and liabilities whatsoever, of every name and nature, known or unknown, suspected or unsuspected, both in law and equity
(“Claims”), which Executive ever had, now has, or may hereafter claim to have against the Company Released Parties by reason of any matter, cause or thing whatsoever arising out of or connected with the undersigned Executive’s
employment with, or separation or termination from, the Company from the beginning of time to the time he signs this Agreement (the “General Release”). The General Release shall apply to any Claim of any type, including, without
limitation, any Claims with respect to Executive’s entitlement to any wages, bonuses, benefits, payments, or other forms of compensation; any claims of wrongful discharge, breach of contract, breach of the covenant of good faith and fair
dealing, violation of public policy, defamation, personal injury, or emotional distress; any Claims of any type that Executive may have arising under the common law; any Claims under Title VII of the Civil Rights Act of 1964, the Civil Rights Act of
1991, the Age Discrimination in Employment Act of 1967, the Older Workers Benefit Protection Act, the Americans With Disabilities Act, the Family and Medical Leave Act, the Employee Retirement Income Security Act, the Fair Labor Standards Act, the
federal Workers’ Adjustment and Retraining Notification Act, the Sarbanes-Oxley Act, each as amended; and any other federal, state or local statutes, 

	 	  	regulations, ordinances or common law, or under any policy, agreement, contract, understanding or promise, written or oral, formal or informal, between any of the Company Released Parties and Executive, and shall
further apply, without limitation, to any and all Claims in connection with, related to or arising out of Executive’s employment relationship, or the termination of his employment, with the Company or any Company Released Party.

  

	 	b.	Except as provided in Section 1(d) below, Executive intends that the General Release extend to any and all Claims of any kind or character related to, arising out of or connected with the Executive’s
employment with, or separation or termination from, the Company, and Executive, on behalf of himself, his agents, heirs, executors, successors and assigns, therefore expressly waives any and all rights granted by federal or state law or regulation
that may limit the release of unknown claims. 

  

	 	c.	Except as provided in Section 5(c) or 3(e) of the Employment Agreement, Executive acknowledges and agrees that the Company has fully satisfied any and all obligations owed to him arising under the Employment
Agreement, and no further sums are owed to him by the Company or by any of the other Company Released Parties at any time under the Employment Agreement. Executive represents and warrants that Executive has not filed, and Executive will not file,
any lawsuit or institute any proceeding, charge, complaint or action asserting any claim released by this Agreement before any federal, state, or local administrative agency or court against any Company Released Party, concerning any event occurring
prior to the signing of this Agreement. Nothing in this Agreement, however, shall be construed as prohibiting Executive from filing a charge or complaint with the Equal Employment Opportunity Commission (“EEOC”) or participating in
an investigation or proceeding conducted by the EEOC, although Executive hereby agrees that he is waiving any right he may have to benefit in any manner from any relief (whether monetary or otherwise) arising out of any such investigation or
proceeding conducted by the EEOC. Executive also hereby agrees that nothing contained in this Agreement shall constitute or be treated as an admission of liability or wrongdoing by any of the Company Released Parties. 

 

	 	d.	Nothing in this Section 1 shall be deemed to release (i) Executive’s right to enforce the terms of this Agreement or the Employment Agreement (other than the claims released hereunder) or any other
agreement unrelated to his employment hereunder between the Company and any of the Company Released Parties, (ii) Executive’s rights, if any, to any benefits as of Executive’s last day of employment with the Company under the terms of
an employee compensation or benefit plan, program or agreement in which Executive is a participant, including without limitation under the LTIP (as defined in the Employment Agreement) (iii) Executive’s rights to indemnification under any
indemnification agreement he has with the Company or any other Company Released Party, under the Employment Agreement and/or under the Company’s or any Company Released Party’s charter or bylaws, or to whatever coverage Executive may have
under the Company’s or any Company Released Party’s directors’ and officers’ insurance policy for acts and omissions when Executive was an officer or director of the Company or of any Company Released Party, or (iv) any
claim that cannot be waived under applicable law, including any rights to workers’ compensation or unemployment insurance. 

	2.	Consultation with Attorney; Voluntary Agreement. The Company advises Executive to consult with an attorney of his choosing prior to signing this Agreement. Executive understands and agrees that he has the right
and has been given the opportunity to review this Agreement and, specifically, the General Release in Section 1 above, with an attorney. Executive also understands and agrees that he is under no obligation to consent to the General Release set
forth in Section 1 above. Executive acknowledges and agrees that the Consideration is sufficient consideration to require him to abide with his obligations under this Agreement, including but not limited to the General Release set forth in
Section 1. Executive represents that he has read this Agreement, including the General Release set forth in Section 1 and understands its terms and that he enters into this Agreement freely, voluntarily, and without coercion.

  

	3.	Effective Date; Revocation. Executive acknowledges and represents that he has been given at least twenty-one (21) days during which to review and consider the provisions of this Agreement and, specifically,
the General Release set forth in Section 1 above, although he may sign and return it sooner if he so desires. Executive further acknowledges and represents that he has been advised by the Company that he has the right to revoke this Agreement
for a period of seven (7) days after signing it. Executive acknowledges and agrees that, if he wishes to revoke this Agreement, he must do so in a writing, signed by him and received by the Company no later than 5:00 p.m. local time on the
seventh (7th) day of the revocation period. If the last day of the revocation period falls on a Saturday, Sunday or holiday, the last day of the revocation period will be deemed to be the next business day. If no such revocation occurs, the
General Release and this Agreement shall become effective on the eighth (8th) day following his execution of this Agreement (the “Release Effective Date”). Executive further acknowledges and agrees that, in the event that he
revokes this Agreement, it shall have no force or effect, and he shall have no right to receive any severance payment pursuant to Section 5(c) of the Employment Agreement. 

 

	4.	Warranty Against Prior Transfer of Released Claims. Executive hereby represents and warrants to the Company that Executive is the sole owner of any Claims that he may now have or in the past had against any of
the Company Released Parties and that Executive has not assigned, transferred, or purported to assign or transfer any such Claim to any person or entity. 

  

	5.	Severability. In the event that any one or more of the provisions of this Agreement shall be held to be invalid, illegal or unenforceable, the validity, legality and enforceability of the remainder of the
Agreement shall not in any way be affected or impaired thereby. 

  

	6.	Waiver. No waiver by either party of any breach by the other party of any condition or provision of this Agreement to be performed by such other party shall be deemed a waiver of any other provision or condition
at the time or at any prior or subsequent time. This Agreement and the provisions contained in it shall not be construed or interpreted for or against either party because that party drafted or caused that party’s legal representative to draft
any of its provisions. 

  

	7.	Governing Law. This Agreement shall be construed and enforced under and be governed in all respects by the laws of the State of Texas, without regard to the conflict of laws principles thereof. 

	8.	Headings. All descriptive headings in this Agreement are inserted for convenience only and shall be disregarded in construing or applying any provision of this Agreement. 

 

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

[Signature Page follows.] 

 IN WITNESS WHEREOF, this Agreement has been duly executed as of the dates written below. 

 

							
	Dated: 	 		 	  

		 		 	[EXECUTIVE]
			
		 		 	Acknowledged and Agreed:
			
		 		 	COMPANY
		 		 	HBP Pipe and Precast LLC
				
	Dated:                     	 		 		 	
		 		 	By:	 	  

		 		 		 	Name:
		 		 		 	Title

 By executing this Agreement in the space above and delivering it to Executive, the Company (for and on behalf of its
affiliates and assigns) hereby releases and forever discharges the Executive and the Executive Parties from any Claims (as defined above, mutatis mutandis) which the Company may have against the Executive Parties related to, arising out of or
connected with the Executive’s employment with, or separation or termination from, the Company. The Company (for and on behalf of its affiliates and assigns) hereby makes, for the benefit of the Executive Parties, the representations and
warranties and acknowledgements set forth in Sections 1.b. and 4 of this Agreement, mutatis mutandis. Notwithstanding anything in this Agreement to the contrary, this Agreement shall not relinquish, diminish, or in any way affect any of the
Company’s (or its affiliates’ and assigns’) rights or claims arising out of any breach by the Executive after the date hereof of the Employment Agreement if and to the extent those rights, in each case by their specific terms, survive
termination of Executive’s employment with the Company nor to enforce the terms of this Agreement or any other agreement between the Executive and the Company unrelated to his employment with any Company Released Party.

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00260-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00260-of-00352.parquet"}]]