Document:

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                                                                    EXHIBIT 10.7

           SUMMARY OF COMPANY'S 2000 MANAGEMENT INCENTIVE PLAN (MIP)

                             Pitt-Des Moines, Inc.

   Under the terms of the MIP, a minimum rate of return (threshold) on
stockholders' equity must be achieved before bonuses can be awarded. The
threshold for executive officers was established at the after-tax cost of
capital on the assumption that returns in excess of the threshold would lead to
increases in stockholder value. Once this criteria is met, the total amount of
bonus available for distribution to eligible executive officers, including the
Company's Chief Executive Officer ("CEO") under the MIP is based on a
percentage in excess of the minimum return on stockholders' equity. Individual
bonus amounts paid to the Company's executive officers for services rendered in
2000, including the CEO, were based on a pre-determined percentage limitation
on each individual's base salary (in no case does the applicable limit exceed
100% of base salary) and the percentage of the overall MIP target achieved.
These pre-determined percentages were established by the Compensation
Committee.

   Under the terms of the MIP, the Company's eligible executive officers were
entitled to receive and were awarded bonuses under the MIP for the year ended
December 31, 2000.<PAGE>

                                                                   EXHIBIT 10.16

                                                                  Execution Copy

                                      NOTE
                                (NON-NEGOTIABLE)

$2,820,000                                              Pittsburgh, Pennsylvania
                                                               December 29, 2000

   FOR VALUE RECEIVED and intending to be legally bound hereby, the
undersigned, William W. McKee, an individual ("Maker"), hereby unconditionally
promises to pay PITT-DES MOINES, INC., a Pennsylvania corporation ("PDM"), in
immediately available funds, the principal sum of two million eight hundred
twenty thousand dollars ($2,820,000), together with interest at a rate equal to
the greater of (1) the rate charged to PDM under its senior credit facility
from time to time or (2) the Applicable Federal Short-Term per annum interest
rate, as published by the Internal Revenue Service from time to time,
calculated on the basis of a 360 day calendar year and 30 day month for
prorating the calculation of interest, on the dates and in the manner set forth
herein. The aforesaid interest rate shall continue to apply whether or not
judgment shall be entered on this Note.

   The principal balance and any accrued interest under this Note shall be due
in a single lump sum on the date of consummation (in a single transaction or
series of related transactions) of the sale of all or substantially all (more
than 50%) of the common stock, no par value, of PDM whether by tender offer,
merger or otherwise. All payments of principal and interest shall be made in
United States currency. If any payment or action to be made or taken hereunder
shall be stated to be or become due on a Saturday, Sunday or on any other day
which is a legal bank holiday under the laws of the Commonwealth of
Pennsylvania, such payment or action shall be or become due on the next
succeeding business day and such extension of time shall be included in
computing interest in connection with such payment.

   Maker shall be in default under this Note upon the happening of any of the
following events of default (each being referred to herein as an "Event of
Default"): (a) default in the payment within three (3) business days of the due
date of any principal or interest on this Note; or (b) insolvency, appointment
of a receiver of any part of the property of, assignment for the benefit of
creditors by or the commencement of proceedings under any bankruptcy or
insolvency laws by or against Maker or any guarantor or surety of any of the
obligations of Maker, for so long as such proceedings or appointment are not
reasonably contested in good faith by Maker.

   Upon the occurrence of any Event of Default under subparagraph (a) of the
preceding paragraph, PDM may declare the outstanding principal amount of this
Note, together with all accrued and unpaid interest thereon to be immediately
due and payable and the same shall thereupon become immediately due and payable
without any further action on the part of PDM. Upon the occurrence of any Event
of Default under subparagraph (b) of the preceding paragraph, the outstanding
principal amount of this Note, together with all accrued and unpaid interest
thereon shall be immediately due and payable and the same shall thereupon
become immediately due and payable without any further action on the part of
PDM. If the principal of this Note or any portion hereof and, to the extent
permitted by law, interest hereon shall not be paid when due, whether by
acceleration or otherwise, the same shall bear interest for any period during
which the same shall be overdue at a rate per annum equal to the Default Rate,
and payable on demand. "Default Rate" means a rate of interest that is three
percentage points above the prime lending rate being charged by PNC Bank, N.A.
in Pittsburgh, Pennsylvania.

   Maker shall have the right at any time to prepay all, or any part of, the
principal amount of this Note without prepayment premium or penalty of any
kind.

   Maker shall have no off-set rights against amounts due under this Note for
claims against PDM.
<PAGE>

   Maker waives demand, presentment for payment, notice of dishonor, protest
and notice of protest and diligence in collection and bringing suit and the
holder hereof may extend the time for payment or accept partial payment without
discharging or releasing Maker.

   This Note shall bind Maker and the heirs, personal representatives,
successors and assigns of Maker, and the benefits hereof shall inure to the
benefit of PDM and its successors and assigns. All references herein to "Maker"
shall be deemed to apply to Maker and to the heirs, personal representatives,
successors and assigns of Maker, and all references herein to "PDM" shall be
deemed to apply to PDM and its successors and assigns.

   This Note and any other documents delivered in connection herewith and the
rights and obligations of the parties hereto and thereto shall for all purposes
be governed by and construed and enforced in accordance with the substantive
law of the Commonwealth of Pennsylvania without giving effect to conflict of
laws principles.

   IN WITNESS WHEREOF, Maker, intending to be legally bound, has executed this
Note on the day and year first above written with the intention that this Note
shall constitute a sealed instrument.

WITNESS:

-------------------------------------
                                          -------------------------------------
                                          William W. McKee

                                       2<PAGE>

                                                                   EXHIBIT 10.17

                                                                  Execution Copy

                                      NOTE
                                (NON-NEGOTIABLE)

$940,000                                                Pittsburgh, Pennsylvania
                                                               December 29, 2000

   FOR VALUE RECEIVED and intending to be legally bound hereby, the
undersigned, Phillip O. Elbert, an individual ("Maker"), hereby unconditionally
promises to pay PITT-DES MOINES, INC., a Pennsylvania corporation ("PDM"), in
immediately available funds, the principal sum of nine hundred forty thousand
dollars ($940,000), together with interest at a rate equal to the greater of
(1) the rate charged to PDM under its senior credit facility from time to time
or (2) the Applicable Federal Short-Term per annum interest rate, as published
by the Internal Revenue Service from time to time, calculated on the basis of a
360 day calendar year and 30 day month for prorating the calculation of
interest, on the dates and in the manner set forth herein. The aforesaid
interest rate shall continue to apply whether or not judgment shall be entered
on this Note.

   The principal balance and any accrued interest under this Note shall be due
in a single lump sum on the date of consummation (in a single transaction or
series of related transactions) of the sale of all or substantially all (more
than 50%) of the common stock, no par value, of PDM whether by tender offer,
merger or otherwise. All payments of principal and interest shall be made in
United States currency. If any payment or action to be made or taken hereunder
shall be stated to be or become due on a Saturday, Sunday or on any other day
which is a legal bank holiday under the laws of the Commonwealth of
Pennsylvania, such payment or action shall be or become due on the next
succeeding business day and such extension of time shall be included in
computing interest in connection with such payment.

   Maker shall be in default under this Note upon the happening of any of the
following events of default (each being referred to herein as an "Event of
Default"): (a) default in the payment within three (3) business days of the due
date of any principal or interest on this Note; or (b) insolvency, appointment
of a receiver of any part of the property of, assignment for the benefit of
creditors by or the commencement of proceedings under any bankruptcy or
insolvency laws by or against Maker or any guarantor or surety of any of the
obligations of Maker, for so long as such proceedings or appointment are not
reasonably contested in good faith by Maker.

   Upon the occurrence of any Event of Default under subparagraph (a) of the
preceding paragraph, PDM may declare the outstanding principal amount of this
Note, together with all accrued and unpaid interest thereon to be immediately
due and payable and the same shall thereupon become immediately due and payable
without any further action on the part of PDM. Upon the occurrence of any Event
of Default under subparagraph (b) of the preceding paragraph, the outstanding
principal amount of this Note, together with all accrued and unpaid interest
thereon shall be immediately due and payable and the same shall thereupon
become immediately due and payable without any further action on the part of
PDM. If the principal of this Note or any portion hereof and, to the extent
permitted by law, interest hereon shall not be paid when due, whether by
acceleration or otherwise, the same shall bear interest for any period during
which the same shall be overdue at a rate per annum equal to the Default Rate,
and payable on demand. "Default Rate" means a rate of interest that is three
percentage points above the prime lending rate being charged by PNC Bank, N.A.
in Pittsburgh, Pennsylvania.

   Maker shall have the right at any time to prepay all, or any part of, the
principal amount of this Note without prepayment premium or penalty of any
kind.

   Maker shall have no off-set rights against amounts due under this Note for
claims against PDM.
<PAGE>

   Maker waives demand, presentment for payment, notice of dishonor, protest
and notice of protest and diligence in collection and bringing suit and the
holder hereof may extend the time for payment or accept partial payment without
discharging or releasing Maker.

   This Note shall bind Maker and the heirs, personal representatives,
successors and assigns of Maker, and the benefits hereof shall inure to the
benefit of PDM and its successors and assigns. All references herein to "Maker"
shall be deemed to apply to Maker and to the heirs, personal representatives,
successors and assigns of Maker, and all references herein to "PDM" shall be
deemed to apply to PDM and its successors and assigns.

   This Note and any other documents delivered in connection herewith and the
rights and obligations of the parties hereto and thereto shall for all purposes
be governed by and construed and enforced in accordance with the substantive
law of the Commonwealth of Pennsylvania without giving effect to conflict of
laws principles.

   IN WITNESS WHEREOF, Maker, intending to be legally bound, has executed this
Note on the day and year first above written with the intention that this Note
shall constitute a sealed instrument.

WITNESS:

-------------------------------------
                                          -------------------------------------
                                          Phillip O. Elbert

                                       2

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