Document:

exv10w2

Exhibit 10.2

Amendment to Employment Agreement

     This Amendment to Employment Agreement is effective as of December 1, 2010 and further amends
the Employment Agreement currently in effect and as previously amended by and between The
Greenbrier Companies, Inc. (“Greenbrier”) and William A. Furman.

     Notwithstanding any other provision of my Employment Agreement with Greenbrier to the
contrary, I hereby agree that my annual base compensation will be increased effective as of
December 1, 2010 by an amount equal to 3.5% of my annual base compensation as in effect prior to
the salary reduction made effective as of March 1, 2009, in order to partially restore such salary
reduction.

	 	 	 	 	 	 	 	 	 

	The Greenbrier Companies, Inc.:	 	 	 	Employee:	 	 
	 

	 	 	 	 
	 	 	 	 
	By:

	 	/s/ Martin R. Baker
	 	 	 	/s/ William A. Furman	 	 
	 	 	 	 	 	 	 	 	 
	 

	 	Martin R. Baker,
	 	 	 	William A. Furman	 	 
	 

	 	Senior Vice President, Chief

Compliance Officer, General

Counselexv10w3

Exhibit 10.3

AMENDMENT TO EMPLOYMENT AGREEMENT

     This Amendment to Employment Agreement is entered into effective as of December 1, 2010 and
further amends the Employment Agreement dated as of April 6, 2009 by and between The Greenbrier
Companies, Inc. and Alejandro Centurion (“Employee”), as previously amended (the “Employment
Agreement”). This Amendment supersedes and replaces the partial salary restoration amendment to
the Employment Agreement previously provided to Employee, which also was dated to be effective as
of December 1, 2010.

     Notwithstanding any other provision of the Employment Agreement to the contrary, the parties
agree that effective as of December 1, 2010 Employee’s annual base salary shall be $325,000.

	 	 	 	 	 	 	 	 	 

	The Greenbrier Companies, Inc.:	 	 	 	Employee:	 	 
	 

	 	 	 	 
	 	 	 	 
	By:
	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	Alejandro Centurion	 	 
	 
	 	 	 	 	 	 	 	 
	Date signed: December      , 2010	 	 	 	Date signed: December      , 2010exv10w4

Exhibit 10.4

CONTRACT FOR PROFESSIONAL CONSULTING SERVICES

          THIS AGREEMENT is made and entered into as of April 1, 2005, by and between
Greenbrier Leasing Corporation of One Centerpointe Drive, Suite 200, Lake Oswego, Oregon 97035
(“Client”), and C. Bruce Ward, an individual (“Consultant”).

          WHEREAS, Client desires to engage the services of Consultant and Consultant is
willing, qualified and capable of providing such services;

          NOW THEREFORE, Client and Consultant hereby agree as follows:

          Section A. Duties of Consultant.

          1. Client is contracting for Consultant to render advice and consultation to Client
with respect to marketing strategies, customer and supplier relations, and matters pertaining to
the rail supply industry, all as assigned by Client’s President and CEO. Consultant shall provide
independent advisory and consulting services to Client, rendering such services in order to
maintain, improve and extend the business of Client and further its reputation and business
interests. Consultant shall devote such time and effort to the performance of his or her duties as
shall be reasonably necessary. Consultant agrees to fulfill Consultant’s obligations herein in a
businesslike manner, acting always in accordance with applicable laws and customs.

          2. Consultant shall provide advice and recommendations to Client; all decisions will be made
solely by Client. Consultant shall have no authority to contractually bind or obligate Client.

          3. Consultant’s services under this Agreement shall commence on April 1, 2005, unless
otherwise agreed in writing between the parties.

          Section B. Consideration.

          Consideration for all services performed by Consultant pursuant to this Agreement
shall be paid promptly by Client as follows:

          1. Client agrees to pay, and Consultant agrees to accept, as full compensation for
Consultant’s services hereunder, the sum of $48,000 per year ($96,000 per year, as of 1/1/07), to
be paid in equal quarterly installments, in advance, on January 1, April 1, July 1 and October 1 of
each year during the engagement such compensation shall be in addition to any other compensation
or fees to which Consultant may be entitled as a member of the board of directors of Client or any
of Client’s affiliates.

          2. Client shall provide to Consultant group medical, hospital, dental and vision insurance
coverage, provided, that such coverage is reasonably available for Consultant and at a cost which
is not greater than the cost for other members of the insured group.

          3. Client shall provide Consultant with an automobile for use in fulfilling his
responsibilities under this Agreement and shall provide or reimburse Consultant for related
insurance, repairs and operating costs.

 

 

          4. Client shall reimburse Consultant for all actual out-of-pocket expenses reasonably incurred
by Consultant on behalf of, and approved by, Client in accord with Client’s normal expense
reimbursement policies, including but not limited to air fare or transportation costs; food and
lodging costs; long-distance telephone charges; and postage and express mail charges. Such
agreed-upon expenses and travel allowances shall be due and payable to Consultant ten (10) days
following the receipt by Client of a properly prepared expense report in a form provided by Client
and supporting documentation in a form reasonably acceptable to Client.

          5. Consultant is furnishing the services herein set forth as an independent contractor and not
as an employee. This Agreement is not intended to create a partnership, joint venture, or any
other entity or business association between Client and Consultant. Consultant shall be
responsible for his or her own acts, and Client shall not be required to make provision for
withholdings, taxes, unemployment insurance, workers’ compensation insurance, or similar benefits.
Consultant is solely responsible for determining the methods and means used in performing the
services rendered to Client hereunder.

          Section C. Competition.

          During the term of Consultant’s engagement hereunder, and for a period of one year thereafter,
Consultant shall not, directly or indirectly:

               (a) Associate with (either as a stockholder, director, officer, manager, consultant, advisor,
employee, member, partner or otherwise, of or through any corporation, partnership, limited
liability company, association, firm or otherwise), or engage in, participate in, or be connected
in any manner with, any enterprise or business that is engaged in the design, manufacture,
purchase, sale, lease, marketing or refurbishing of railroad freight cars or components thereof in
competition with Client or Client’s affiliates North America or Mexico;

               (b) Employ (including retaining as a consultant), solicit for employment, or advise or recommend
to any other person, firm or entity that it employ or solicit for employment, any current or future
employee or consultant of Client or any of its affiliates; or

               (c) Induce or attempt to persuade any current or future client, customer, supplier, officer,
employee, agent, manager,
consultant, director or other participant in Client or any of its affiliates to terminate such
employment or other relationship.

          Section D. Confidential Information.

          During and after the term of the engagement, Consultant shall not use or disclose to any
person, firm or entity any Confidential Information (as defined herein), except with the prior
written consent of Client. “Confidential Information” means all of Client’s proprietary
information, including, without limitation, financial data, documentation, trade secrets,
information concerning the operation, design and marketing of products, services or processes,
know-how, improvements, techniques, business plans and procedures, customer and supplier lists and
information, files and profiles, needs analyses, calculations, data, manuals, specifications,
performance standards, instructions and inventions. The obligations imposed by this covenant shall
not apply with respect to (a) disclosure required by law, regulation or judicial process; provided
that Client shall have been given reasonable advance notice of the required

 

 

disclosure and
Consultant shall cooperate with Client in limiting such disclosure and in obtaining protective
orders where appropriate; or (b) information that is in the public domain.

          Section E. Indemnification.

          During the term of the engagement and thereafter, Consultant shall indemnify, defend and hold
Client harmless from and against all claims and actions and all expenses incidental to such claims
or actions, based upon or arising out of damage to property or injuries to persons or other
tortious acts caused or contributed to by Consultant or anyone acting under his or her direction or
control or on his or her behalf in the course of performance under this Agreement, provided
Consultant’s aforesaid indemnity and hold-harmless agreement shall not be applicable to any
liability based upon the sole negligence of Client. Consultant further indemnifies Client with
respect to any and all income tax, social security contributions and the like which may be found
due from Client on any payments or arrangements made under this Agreement together with any
interest, penalty or gross-up thereon.

          Section F. Termination.

          1. Notwithstanding any other provision herein, Consultant’s services may be
terminated by Client upon written notice to Consultant, effective immediately, if Consultant shall
have engaged in conduct which, in the opinion of the President of Client, has brought or is likely
to bring either Consultant or Client into disrepute or has or is likely to impair Consultant’s
ability to provide services to Client or to do so in a manner or at a time reasonably required by
Client.

          2. Notwithstanding anything herein to the contrary, either party may terminate
Consultant’s services under this Agreement, with or without cause, upon the giving of ninety (90)
days’ advance written notice to the other.

          Section G. Assignment and Subcontracting.

          Consultant may not assign or transfer his interests or claims under this Agreement,
or subcontract his services hereunder, without the prior written consent of Client.

          Section H. Attorney Fees.

          If suit or action is instituted in connection with any controversy arising out of
this Agreement, the prevailing party shall be entitled to recover, in addition to costs, such sum
as the court may adjudge reasonable as attorney fees for services rendered before trial, during
trial and in any appeals.

          Section I. Applicable Law and Venue.

          1. This Agreement shall be binding on and shall be for the benefit of the parties hereto and
shall be governed by the laws of the State of Oregon.

          2. Consultant hereby consents to jurisdiction of, and venue in, federal and/or state courts
located in the State of Oregon, Multnomah County, for any action arising out of or in connection
with this Agreement.

 

 

          Section J. Notices.

          All notices required or permitted to be given under this Agreement shall be given by certified
or express mail to the parties at the addresses given herein.

          Section
K. Severability.

          Any provision of this Agreement prohibited or unenforceable in any jurisdiction shall be
ineffective to the extent of such prohibition or unenforceability without invalidating the
remaining provisions hereof, and any such prohibition or unenforceability in one jurisdiction shall
not invalidate or render unenforceable such provision in any other jurisdiction.

          Section L. Complete Agreement.

          This Agreement constitutes the complete agreement between Consultant and Client. No
representation or promise, either oral or written, has been made except as specifically set forth
herein.

	 	 	 	 	 	 	 	 	 	 	 

	CLIENT:	 	 	 	CONSULTANT:
	 
	 	 	 	 	 	 	 	 	 	 
	Greenbrier Leasing Corporation	 	 	 	C. Bruce Ward
	One Centerpointe Dr. Suite 200	 	 	 	5185 SW 85th Street
	Lake Oswego, Oregon 97035	 	 	 	Portland, OR 97225
	Phone: 503-684-7000	 	 	 	Phone: 503-297-5853
	Facsimile: 503-684-7553	 	 	 	Facsimile: 503-297-8662
	 
	 	 	 	 	 	 	 	 	 	 
	GREENBRIER LEASING CORPORATION	 	 	 	C. BRUCE WARD
	 
	 	 	 	 	 	 	 	 	 	 
	By:	 	/s/ Larry Brady	 	 	 	Signature:	 	/s/ C. Bruce Ward
	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 
	 	 	 	 	 	 	 	 
	Title:	 	Sr. Vice President & CFO	 	 	 	Date:	 	 March 31, 2005
	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	Date:

	 	March 31, 2005

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