Document:

EX-10.1 Amended Employment Agreement

 

EXHIBIT 10.1

AMENDMENT TO THE EMPLOYMENT AGREEMENT

BETWEEN

H. ANDREW DEFERRARI AND DYCOM INDUSTRIES, INC.

     WHEREAS, effective as of July 14, 2004, H. Andrew DeFerrari and Dycom Industries, Inc. entered
into an employment agreement (the “Employment Agreement”);

     WHEREAS, pursuant to paragraph 9 of the Employment Agreement, the Employment Agreement may be
amended by a written instrument executed by the undersigned parties;

     WHEREAS, the undersigned parties desire to amend the Employment Agreement to extend the
Employment Term; and

     WHEREAS, the undersigned parties represent and warrant that the execution and delivery of this
amendment has been duly and validly executed and delivered and is valid and binding.

     NOW, THEREFORE, the Employment Agreement is hereby amended, effective as of July 14, 2006, as
follows:

     1. Paragraph 2 of the Employment Agreement is hereby amended in its entirety to read as
follows:

“The Employee’s employment pursuant to the Employment Agreement shall
commence on the Effective Date and shall terminate upon the earlier to occur
of (i) termination pursuant to paragraph 5 hereof or (ii) the second
anniversary of the Effective Date; provided, however, that the term of the
Employee’s employment hereunder shall be automatically extended without
further action of either party for additional one year periods, unless
written notice of either party’s intention not to extend has been given to
the other party hereto at least 60 days prior to the expiration of the then
effective term. The period commencing as of the Effective Date and ending
on the second anniversary of the Effective Date or such later date to which
the term of the Executive’s employment under this Agreement shall have been
extended is hereinafter referred to as the “Employment Term”.”

     2. Except as otherwise expressly amended by this amendment, the Employment Agreement shall
continue in full force and effect.

 

 

     3. This amendment may be executed in one or more counterparts, each of which when executed
shall be deemed an original but all of which together shall constitute one and the same agreement.

     IN WITNESS WHEREOF, the parties have entered into this amendment as of the date set forth
above.

	 	 	 	 	 
	 	DYCOM INDUSTRIES, INC.

 	 
	 	By:  	/s/ Steven E. Nielsen
 	 
	 	 	Name:  	Steven E. Nielsen 	 
	 	 	Title:  	President and Chief Executive Officer 	 
	 

Acknowledged and Agreed:

 

/s/ H.
Andrew DeFerrari 

			
	Print Name:	 	H. Andrew DeFerrari,

individually<PAGE>
                                                                     Exhibit 4.1

             AMENDMENT TO THE AMENDED AND RESTATED RIGHTS AGREEMENT
                                     BETWEEN
                             INTERGRAPH CORPORATION
                                       AND
                      COMPUTERSHARE INVESTOR SERVICES, LLC

      THIS AMENDMENT TO THE AMENDED AND RESTATED RIGHTS AGREEMENT (this
"Amendment") is made as of August 31, 2006, between Intergraph Corporation, a
Delaware corporation (the "Company"), and Computershare Investor Services, LLC
(the "Rights Agent"). Capitalized terms used but not otherwise defined in this
Amendment shall have the meanings given them in the Rights Agreement.

      WHEREAS, the Company and the Rights Agent are parties to that certain
Amended and Restated Rights Agreement, dated as of March 5, 2002 (the "Rights
Agreement");

      WHEREAS, the Company is contemplating entering into an Agreement and Plan
of Merger (as the same may be amended from time to time, the "Merger
Agreement"), by and among the Company, Cobalt Holding Company, a Delaware
corporation ("Parent"), and Cobalt Merger Corp., a Delaware corporation and a
wholly-owned subsidiary of Parent ("Merger Sub"), pursuant to which Merger Sub
will be merged with and into the Company with the Company as the surviving
corporation thereof (the "Merger");

      WHEREAS, the Board of Directors of the Company has approved the Merger
Agreement and the Merger and determined that an amendment to the Rights
Agreement as set forth herein is desirable in connection with the execution and
delivery of the Merger Agreement, and the Company and the Rights Agent desire to
evidence such amendment in writing;

      WHEREAS, upon the execution and delivery of the Merger Agreement, Parent,
Merger Sub and/or their Associates and Affiliates may be deemed to be Acquiring
Persons under the Rights Agreement, which would trigger certain events pursuant
to the terms of the Rights Agreement; and

      WHEREAS, pursuant to Section 26 of the Rights Agreement, the Board of
Directors of the Company has approved this Amendment and authorized its
appropriate officers to execute and deliver the same to the Rights Agent.

      NOW, THEREFORE, in consideration of the promises and agreements set forth
herein, and for other good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, the parties hereto agree as
follows:

      1. Amendment of Section 1: Definition of "Acquiring Person." The
definition of "Acquiring Person" set forth in Section 1 of the Agreement is
hereby amended by adding the following sentence to the end of that definition:

      "Notwithstanding anything in this Agreement to the contrary, no Person
      shall be or become an Acquiring Person by reason of (i) the execution and
      delivery of the

<PAGE>

      Merger Agreement (or any amendment thereto), or of any agreement or
      document contemplated by the Merger Agreement or in furtherance of the
      transactions contemplated thereby, or the public announcement of any of
      the foregoing, or (ii) the consummation of the transactions contemplated
      thereby, including the Merger."

      2. Amendment of Section 1: Definition of "Adverse Person." The definition
of "Adverse Person" set forth in Section 1 of the Agreement is hereby amended by
adding the following sentence to the end of that definition:

      "Notwithstanding anything in this Agreement to the contrary, "Adverse
      Person" shall not mean Parent, Merger Sub or any of their Affiliates or
      Associates."

      3. Amendment of Section 1: Definition of "Distribution Date." The
definition of "Distribution Date" set forth in Section 1 of the Agreement is
hereby amended by adding the following sentence to the end of that definition:

      "Notwithstanding anything in this Agreement to the contrary, a
      Distribution Date shall not be deemed to have occurred by reason of (i)
      the execution and delivery of the Merger Agreement (or any amendment
      thereto), or of any agreement or document contemplated by the Merger
      Agreement or in furtherance of the transactions contemplated thereby, or
      the public announcement of any of the foregoing, or (ii) the consummation
      of the transactions contemplated thereby, including the Merger."

      4. Amendment of Section 1: Definition of "Share Acquisition Date." The
definition of "Share Acquisition Date" set forth in Section 1 of the Agreement
is hereby amended by adding the following sentence to the end of that
definition:

      "Notwithstanding anything in this Agreement to the contrary, a Share
      Acquisition Date shall not be deemed to have occurred by reason of (i) the
      execution and delivery of the Merger Agreement (or any amendment thereto),
      or of any agreement or document contemplated by the Merger Agreement or in
      furtherance of the transactions contemplated thereby, or the public
      announcement of any of the foregoing, or (ii) the consummation of the
      transactions contemplated thereby, including the Merger."

      5. Amendment of Section 1: Other Definitions. Section 1 of the Rights
Agreement is hereby further amended by adding the following subparagraphs at the
end thereof:

            (p) "Amendment" shall mean the Amendment to the Agreement dated as
      of August 31, 2006 between the Company and the Rights Agent.

            (q) "Parent" shall have the meaning set forth in Section 34 hereof.

            (r) "Merger Sub" shall have the meaning set forth in Section 34
      hereof.

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<PAGE>

            (r) "Merger" shall have the meaning set forth in the Merger
      Agreement.

            (s) "Merger Agreement" shall have the meaning set forth in Section
      34 hereof.

      6. Amendment of Section 11(a)(ii). Section 11(a)(ii) of the Rights
Agreement is hereby amended by adding the following sentence to the end thereof:

      "Notwithstanding anything in this Agreement to the contrary, neither (i)
      the execution and delivery of the Merger Agreement (or any amendment
      thereto), or of any agreement or document contemplated by the Merger
      Agreement or in furtherance of the transactions contemplated thereby, or
      the public announcement of any of the foregoing, nor (ii) the consummation
      of the transactions contemplated thereby, including the Merger, shall be
      deemed to be an event described in this Section 11(a)(ii) or cause the
      Rights to be adjusted or to become exercisable in accordance with this
      Section 11 or otherwise."

      7. Amendment of Section 13(a). Section 13(a) of the Rights Agreement is
hereby amended by adding the following sentence to the end thereof:

      "Notwithstanding anything in this Agreement to the contrary, neither (i)
      the execution and delivery of the Merger Agreement (or any amendment
      thereto), or of any agreement or document contemplated by the Merger
      Agreement or in furtherance of the transactions contemplated thereby, or
      the public announcement of any of the foregoing, nor (ii) the consummation
      of the transactions contemplated thereby, including the Merger, shall be
      deemed to be an event described in this Section 13 or cause the Rights to
      be adjusted or to become exercisable in accordance with this Section 13 or
      otherwise."

      8. Addition of Section 34. The Rights Agreement is hereby further
modified, supplemented and amended by adding the following new Section 34:

      "SECTION 34. MERGER WITH COBALT MERGER CORP.

            The Company, Cobalt Holding Company, a Delaware corporation
      ("Parent"), and Cobalt Merger Corp., a Delaware corporation and
      wholly-owned subsidiary of Parent ("Merger Sub"), have entered into an
      Agreement and Plan of Merger, dated on or about August 31, 2006, (as it
      may be amended from time to time, the "Merger Agreement") pursuant to
      which Company agrees, among other things, to merge with Merger Sub, with
      the Company being the surviving entity and a wholly-owned subsidiary of
      Parent following the consummation of the merger, according to the terms
      and conditions set forth in the Merger Agreement (the "Merger").
      Notwithstanding anything in this Agreement to the contrary, if the Merger
      Agreement shall be terminated for any reason, then all of the amendments
      to this Agreement effected by the Amendment shall be deemed repealed and
      deleted without any further action on the part of the Company or the
      Rights Agent."

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<PAGE>

      9. Effectiveness. This Amendment shall be deemed effective as of, and
immediately prior to, the execution and delivery of the Merger Agreement. The
Rights Agreement, as amended by this Amendment, shall remain in full force and
effect in accordance with its terms and shall be otherwise unaffected hereby.

      10. Successors. All the covenants and provisions of this Amendment by or
for the benefit of the Company or the Rights Agent shall bind and inure to the
benefit of their respective successors and assigns hereunder.

      11. Benefits of this Amendment. Nothing in this Amendment shall be
construed to give to any Person other than the Company, the Rights Agent and the
registered holders of the Right Certificates (and, prior to the Distribution
Date, the associated Common Shares) any legal or equitable right, remedy or
claim under this Amendment or the Rights; but this Amendment shall be for the
sole and exclusive benefit of the Company, the Rights Agent and the registered
holders of the Rights (and, prior to the Distribution Date, the associated
Common Shares).

      12. Severability. The invalidity or unenforceability of any term or
provision hereof shall not affect the validity or enforceability of any other
term or provision hereof. If any term, provision, covenant or restriction of
this Amendment is held by a court of competent jurisdiction or other authority
to be invalid, void or unenforceable, the remainder of the terms, provisions,
covenants and restrictions of this Amendment shall remain in full force and
effect and shall in no way be affected, impaired or invalidated.

      13. Governing Law. This Amendment shall be deemed to be a contract made
under the laws of the State of Delaware and for all purposes shall be governed
by and construed in accordance with the laws of said State applicable to
contracts to be made and performed entirely within said State.

      14. Counterparts. This Amendment may be executed in any number of
counterparts and each of such counterparts shall for all purposes be deemed to
be an original, and all such counterparts shall together constitute but one and
the same instrument.

                  [Remainder of Page Intentionally Left Blank.]

                                       4
<PAGE>

      IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be
duly executed, all as of the date and year first above written.

                                 INTERGRAPH CORPORATION

                                 By: /s/ R. Halsey Wise
                                     ------------------------------------------
                                 Name: R. Halsey Wise
                                 Title: President & Chief Executive Officer

                                 COMPUTERSHARE INVESTOR SERVICES, LLC

                                 By: /s/ Keith Bradley
                                     ------------------------------------------
                                 Name: Keith Bradley
                                 Title: Vice President

                                       5

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