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Exhibit 10.8  

 
  INFRASOURCE, INCORPORATED
  DEFERRED COMPENSATION PLAN    
    

	1.
	Purpose. This Plan was established, effective January 1, 2001, for the purpose of providing certain employees of InfraSource,
Incorporated and its subsidiaries with the opportunity to defer a portion of their compensation and with matching contributions which would otherwise be provided under the InfraSource/GFI Matching
401(k) Plan but for reductions or restrictions to such matching contributions required by Federal law. In accordance with the provisions of Section 8, the Company is amending and restating the
Plan, effective January 1, 2004 to (a) add a vesting requirement for Company Matching Contributions, (b) add an early distribution provision, (c) make a single sum the
automatic form of payment and (d) to clarify certain provisions. This program is to be unfunded and is maintained for the purpose of providing deferred compensation for a select group of
management or highly compensated employees.

	2.
	Definitions.

	(a)
	"Account"
shall mean the Salary Reduction Amounts, Excess Amounts, Company Matching Contributions and earnings thereon, credited with respect to each Participant and established
solely as a bookkeeping entry.

	(b)
	"Code"
shall mean the Internal Revenue Code of 1986, as amended.

	(c)
	"Committee"
shall mean the committee appointed by the Company's Board of Directors to administer this Plan. The Committee shall consist of at least three members who shall have the
responsibility for the administration of the Plan. The members of the Committee shall be appointed from time to time by the Board and shall signify their acceptance in writing. Members of the
Committee shall serve at the pleasure of the Board, except that a member may resign at any time. The members of the Committee shall elect a chairman from among themselves. They shall also elect a
secretary who may, but need not be, one of the members of the Committee, and who shall be responsible for maintaining minutes of the Committee meeting and copies of any reports prepared by the
Committee. No member of the Committee shall receive any compensation for his service as such. In the event the Board does not appoint a Committee to administer the Plan, the Company shall be
responsible for administering the Plan and shall have all of the powers and duties hereinafter set forth.

	(d)
	"Company"
shall mean InfraSource, Incorporated.

	(e)
	"Company
Matching Contribution" shall mean the amount credited to a Participant's Account under Section 3(b).

	(f)
	"Excess
Amount" shall mean the amount credited to a Participant's Account under Section 3(a)(ii).

	(g)
	"Effective
Date" shall mean January 1, 2004, the effective date of this amended and restated Plan.

	(h)
	"Salary
Reduction Amount" shall mean the amount credited to a Participant's Account under Section 3(a)(i).

	(i)
	"Participant"
shall mean an employee of the Company or an employee of any directly or indirectly affiliated subsidiary corporation of the Company that adopts the 401(k) Plan who is
found by the Company in its sole and absolute discretion to meet one of the following requirements:

	(i)
	be
employed by the Company at a director level or above 

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	(ii)
	be
employed by a subsidiary corporation at a Vice President level or above

	(iii)
	be
employed by a subsidiary corporation below the Vice President level if strong evidence exists that the employee is included in the subsidiary's senior management team. 

Notwithstanding
the above, a Participant must also be: (i) nonunion, (ii) exempt and (iii) have compensation at a level that is reasonably anticipated to exceed the threshold
amount to be determined a highly compensated employee under Code section 414(q). An eligible employee will not be considered a Participant until he completes such documentation as may be
required by the Committee as a condition of participation. 

	(j)
	"Plan"
shall mean this InfraSource, Incorporated Deferred Compensation Plan as described herein.

	(k)
	"401(k)
Plan" shall mean either the InfraSource/GFI Non-Matching 401(k) Plan or the InfraSource/GFI Matching 401(k) Plan, whichever applies to the Participant, as it or
they may be amended from time to time.

	3.
	Plan Benefits.

	(a)
	Deferrals

	(i)
	Salary Reduction Amounts. Each Participant may elect to defer a portion of compensation (as defined in the 401(k) Plan without regard
to any limitations contained in such Plan) in any whole percentage up 75% of such compensation. The 75% maximum shall be applied against the aggregate of the Participant's contributions to both the
401(k) Plan and this Plan. Each Participant may make an additional election to defer any whole percentage up to 100% of the annual incentive compensation payable to him (after reduction for the
deferral election described in the first sentence of this paragraph) from the Company.

	(ii)
	Excess Amounts. Each Participant may elect to defer an Excess Amount equal to any amount distributed or paid to the Participant from
the 401(k) Plan during the calendar year to correct a failure to satisfy the nondiscrimination requirements of sections 401(k) or (m) of the Code.

	(iii)
	Manner of Elections. The Participant shall make a deferral election in the form and manner prescribed by the Committee or its
designee. The Participant shall have the opportunity to make an election before the first day of each calendar year. Any election made under this Plan shall be made before the first day of the
calendar year to which it applies and shall be irrevocable during the calendar year (except for discontinuance as described below). The election shall specify a percentage of the Participant's base
compensation, a percentage of the annual incentive compensation payable to the Participant, neither of which shall exceed the respective maximum percentages specified in this Sections
3(a)(i) and 3(a)(ii), and whether the Participant elects to defer any Excess Amount. Notwithstanding the preceding sentence, a Participant may elect at any time during the calendar year to
discontinue deferral of Salary Reduction Amounts prospectively with respect to compensation not yet earned. A Participant who elects to discontinue deferral of Salary Reduction Amounts shall not be
permitted to resume such deferrals until the following calendar year. Notwithstanding the above, a Participant may make a deferral election under Sections 3(a)(i) and 3(a)(ii) after the
beginning of a calendar year if such election occurs within thirty days of his initial eligibility date under the Plan.

	(iv)
	Period for Which Deferral Election is Effective. A Participant's deferral election shall remain in effect until modified or revoked as
provided in Section 3(a)(iii). 

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	(v)
	Crediting Deferrals. As soon as practicable following each pay period during which a Participant defers a Salary Reduction Amount or
Excess Amount, the Company shall credit that Salary Reduction Amount or Excess Amount to such Participant's Account.

	(b)
	Company Matching Contributions. For any Participant who participates in the InfraSource/GFI Matching 401(k) Plan, as soon as
practicable following the last day of each calendar year for which such Participant defers a Salary Reduction Amount, the Company shall credit to such Participant's Account a Company Matching
Contribution equal to (i) 50% of the portion of the Participant's aggregate Salary Reduction Amounts and elective deferrals to the InfraSource/GFI Matching 401(k) Plan for the year that does
not exceed 6% of the Participant's compensation (as defined or otherwise limited in the 401(k) Plan) for the year, (ii) reduced by the amount of any matching contributions credited to the
Participant's account under the InfraSource/GFI Matching 401(k) Plan for the year. In addition, if the Participant elects to defer an Excess Amount, the Company shall credit to such Participant's
Account an amount equal to any matching contribution under the InfraSource/GFI Matching 401(k) Plan that is attributable to such Excess Amount and is forfeited under the InfraSource/GFI Matching
401(k) Plan by reason of distribution of the Excess Amount from the InfraSource/GFI Matching 401(k) Plan.

	(c)
	Earnings.

	(i)
	For
purposes of measuring the earnings or losses credited to his Account, each Participant who has not become entitled to payment of benefits under Section 5(a) of the Plan may
select, from among the mutual funds available from time to time under the 401(k) Plan, the investment media in which all or part of his Account shall be deemed to be invested.

	(ii)
	The
Participant shall make an investment designation in the form and manner prescribed by the Committee or its designee, which shall remain effective until another valid designation
has been made by the Participant as herein provided. The Participant may amend his investment designation at such times and in such manner as prescribed by the Committee or its designee. A timely
change to the Participant's investment designation shall become effective as soon as administratively practicable in accordance with procedures established by the Committee or its designee.

	(iii)
	The
investment media deemed to be made available to the Participant, and any limitation on the maximum or minimum percentages of the Participant's Account that may be deemed to be
invested in any particular medium, shall be the same as available or in effect from time-to-time under the 401(k) Plan.

	(iv)
	Except
as provided below, the Participant's Account shall be deemed to be invested in accordance with his investment designations, and the Account shall be credited with earnings (or
losses) as if invested as directed by the Participant. If—

	(A)
	the
Participant does not furnish complete investment instructions, or

	(B)
	the
investment instructions from the Participant are unclear then the Account shall be credited with earnings at a rate equal to the rate of earnings for the money market fund under
the 401(k) Plan for the same time period. The Accounts maintained pursuant to this Plan are for bookkeeping purposes only and the Company is under no obligation to invest such amounts.

	(d)
	Early Distributions and Hardship Distributions. The Company shall debit each Participant's Account by the amount of any early
distribution and/or financial hardship distribution pursuant to Sections 5(b) and 5(c). 

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	4.
	Vesting. A Participant's interest in the amount of his Account attributable to his Salary Reduction and Excess Amounts shall be fully
vested. A Participant's interest in his Matching Contribution amounts shall be vested in accordance with the vesting schedule and service crediting rules set forth in the InfraSource/GFI Matching
401(k) Plan.

	5.
	Payment of Benefits.

	(a)
	A
Participant's Account shall be paid to the Participant in accordance with Section 6 upon his retirement or other separation from service; provided, however, that such amount
shall instead be paid upon the Participant's attainment of age 65 if (i) the Participant separates from service before age 65, and (ii) he elected in the form and manner prescribed by
the Committee to have payment deferred to age 65.

	(b)
	A
Participant may apply to the Committee for early distribution of all or any part of his Account. An early distribution made pursuant to this Section 5(b) shall be made in a
single sum, provided that 10% of the amount withdrawn in such early distribution shall be forfeited prior to payment of the remainder to the Participant.

	(c)
	Notwithstanding
paragraphs (a) and (b) above, in the sole discretion of the Committee, benefits may be paid prior to separation from service in the case of an unforeseen
emergency which arises from factors beyond the Participant's control and creates a severe financial hardship that cannot reasonably be relieved by reimbursement from insurance or the Participant's
personal resources, provided that a Participant shall not take part in any decision concerning such a distribution. No amount shall be payable in the case of such a hardship if there exists any amount
which may be withdrawn (whether or not on account of hardship) from the 401(k) Plan, and the amount payable may not exceed the lesser of the amount credited to a Participant's Account or the amount
needed by the Participant because of the hardship.

	(d)
	A
death benefit shall be paid to the Participant's beneficiary in accordance with Section 6 upon the Participant's death. Such death benefit shall be equal to 100% of the
undistributed amount credited to the Participant's Account. The Participant's beneficiary shall be any person or entity so designated by him in writing on forms provided by the Committee or, in the
absence of any such designation, his spouse if he is married at the time of his death, or his estate if he is not married at the time of his death.

	6.
	Form of Payments.

	(a)
	At
any time prior to the first day of the calendar year in which occurs a Participant's retirement or other separation from service, he may elect whether his Account shall be paid in
a single sum or in not fewer than two nor more than fifteen approximately equal annual installments, or in some combination of a single sum and such annual installments. The Company shall pay the
Participant such amount in the manner he has elected; provided, however, that the Committee in its sole discretion may change the form of payment elected by the Participant if payment has commenced
and the Participant experiences a financial hardship which would otherwise have permitted a distribution under Section 5(b). Absent an election by the Participant, payments shall be made in a
single sum. Installment payments shall be made on April 1 of each calendar year, beginning with the April 1 next following the Participant's retirement or other separation from service.

	(b)
	If
a Participant dies after installment payments have begun, the death benefit under Section 5(c) shall be paid to the Participant's beneficiary, if other than his estate, in
the same manner as the Participant elected to have benefits paid to himself. Any death benefit payable to the Participant's estate, and any death benefit payable by reason of the Participant's death 

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before
payments have begun or been made, shall be paid in a single sum as soon as practicable after the Participant's death. 

	(c)
	After
payment of benefits has commenced, any undistributed portion of the Participant's Account, or any undistributed portion of the death benefit payable to a Participant's
beneficiary shall be credited with earnings as determined in Section 3(c) of the Plan.

	7.
	Source of Funds. This Plan shall be unfunded and payment of benefits hereunder shall be made from the general assets of the Company. Any
such asset which may be set aside, earmarked or identified as being intended for the provision of benefits hereunder shall remain an asset of the Company and shall be subject to the claims of its
general creditors. Each Participant shall be a general creditor of the Company to the extent of the value of his or her benefit accrued hereunder, but he or she shall have no right, title, or interest
in any specific asset that the Company may set aside or designate as intended to be applied to the payment of benefits under this Plan.

	8.
	Amendment and Termination. The Company reserves the right to amend this Plan at any time and from time to time in any fashion, and to
terminate it at will, by action of the Company's Board of Directors. However, to the extent that the Company has the assets with which to pay such benefits, the Company guarantees to the Participant
(and to persons becoming entitled to benefits under this Plan by reason of the death of the Participant) the payment of benefits accrued hereunder as of the date the Plan is so amended or terminated,
subject to the terms and conditions set forth herein.

	9.
	Nonalienation of Benefits. Except as hereinafter provided with respect to marital disputes, none of the benefits or rights of a
Participant or any beneficiary of a Participant shall be subject to the claim of any creditor, and in particular, to the fullest extent permitted by law, all such benefits and rights shall be free
from attachment, garnishment or any other legal or equitable process available to any creditor of the Participant or the beneficiary. Neither the Participant nor his beneficiary shall have the right
to alienate, anticipate, commute, pledge, encumber, or assign any of the benefits or payments which either of them may expect to receive, contingently or otherwise, under this Plan. In cases of
marital dispute, the Company will observe the terms of the Plan unless and until ordered to do otherwise by a state or Federal court. As a condition of participation, a Participant agrees to hold the
Company harmless from any claim that may arise out of the Company's compliance with an order of any state or Federal court, whether such order effects a judgment of such court or is issued to enforce
a judgment or order of another court.

	10.
	Administration. This Plan shall be administered by the Committee, which shall be responsible for the interpretation of the Plan and
establishment of the rules and regulations governing Plan administration, including without limitation rules for correction or remediation of administrative errors resulting in exclusion of or failure
to provide appropriate benefits to otherwise eligible Participants. Any decision or action made or taken by the Committee, arising out of or in connection with the construction, administration or
interpretation of the Plan or of its rules and regulations, shall be conclusive and binding upon all Participants, subject only to such review by a court of competent jurisdiction as is permitted by
the Employee Retirement Income Security Act of 1974, as amended. In making any such decision or taking any such action, the Committee shall have full and complete discretion and authority to make
eligibility determinations, construe provisions of the Plan and resolved factual issues. All expenses of administering the Plan shall be paid by the Company and shall not affect the Participants'
right to or amount of benefits. 

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	11.
	Claims Procedure. Any claims by Participants or beneficiaries for benefits under this Plan shall be subject to the following rules:

	(a)
	The
Committee shall review such claim and respond thereto within a reasonable time after receiving the claim. The Committee shall provide to every claimant who is denied a claim for
benefits written notice setting forth in a manner calculated to be understood by the claimant:

	(i)
	the
specific reason or reasons for the denial;

	(ii)
	specific
reference to pertinent Plan provisions on which denial is based;

	(iii)
	a
description of any additional material or information necessary for the claimant to perfect the claim; and

	(iv)
	an
explanation of the claim review procedure set forth in paragraph (b), below.

	(b)
	Within
60 days of receipt by a claimant of a notice denying a claim under paragraph (a), the claimant or his or her duly authorized representative may request in writing
a full and fair review of the claim by the Committee. The Committee may extend the sixty-day period where the nature of the benefit involved or other attendant circumstances make such
extension appropriate. In connection with such review, the claimant or his duly authorized representative may review pertinent documents and may submit issues and comments in writing. The Committee
shall make a decision promptly, and not later than 60 days after the Committee's receipt of a request for review, unless special circumstances (such as the need to hold a hearing, if the
Committee deems one necessary) require an extension of time for processing, in which case a decision shall be rendered as soon as possible, but not later than 120 days after receipt of a
request for review. The decision on review shall be in writing and shall include specific reasons for the decision, written in a manner calculated to be understood by the claimant, and specific
references to the pertinent Plan provisions on which the decision is based.

	12.
	No Contract of Employment. Nothing contained herein shall be construed as conferring upon any person the right to be employed or
continue in the employ of the Company.

	13.
	Applicable Law. This Plan shall be construed under the laws of the Commonwealth of Pennsylvania. 

                IN
WITNESS WHEREOF, the foregoing Plan is adopted this            day of November, 2003. 

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INFRASOURCE, INCORPORATED DEFERRED COMPENSATION PLANExhibit 10.9  

MANAGEMENT AGREEMENT  

        THIS MANAGEMENT AGREEMENT ("Agreement"), effective this 24th day of September, 2003 ("Effective Date"), is entered into by and between David R. Helwig
("Executive"), Dearborn Holdings Corporation, a Delaware corporation (the "Company"), and InfraSource Incorporated, a Delaware corporation ("InfraSource"). 

        WHEREAS,
the Company is acquiring all of the outstanding capital stock of InfraSource pursuant to that certain Agreement and Plan of Merger, dated as of June 17, 2003, by and
among the Company, InfraSource, and the other parties thereto (the "Transaction"); 

        WHEREAS,
Executive desires to provide the Company and certain of its subsidiaries with his services, and the Company desires to employ Executive on the terms and subject to the
conditions set forth herein; 

        WHEREAS,
InfraSource will materially benefit from the services and agreements of Executive hereunder and, to induce Executive to enter into this Agreement and perform services hereunder,
desires to join in this Agreement for the purpose of guaranteeing the payment and performance of the Company's compensation and other payment obligations hereunder; 

        NOW,
THEREFORE, in consideration of the mutual representations, warranties, covenants and agreements 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, agree as follows: 

        1.     Employment. Subject to the terms and conditions of this Agreement, the Company agrees to employ Executive, and Executive
agrees to be employed by the Company. 

        2.     Position. During the period of his employment hereunder, Executive agrees to serve the Company, and the Company shall
employ Executive, as Chief Executive Officer of the Company and as Chief Executive Officer of InfraSource or in such other executive capacity or capacities as may be mutually agreed to from time to
time by the Board of Directors of the Company (the "Board"), on the one hand, and Executive, on the other hand. In such position or other capacity, Executive shall have such duties and
responsibilities as may be consistent with such position or other capacity. 

        3.     At-Will Employment and Duties. 

        (a)   Executive
and the Company agree that Executive's employment hereunder will be at-will (as defined under applicable law), and may be terminated at any time,
for any reason, at the option of either party, subject to the provisions of Section 5 below. 

        (b)   Duties. During the period of his employment hereunder and except for illness, reasonable vacation periods, and reasonable
leaves of absence, Executive shall in good faith (i) devote all of his business time, attention, skill and efforts to the business and affairs of the Company and its affiliated companies and
(ii) report to the Board. 

        4.     Salary; Signing Bonus; Incentive Bonus; Reimbursement of Expenses; Other Benefits. 

        (a)   Salary. During the period of employment under this Agreement, Executive shall be paid a salary at the rate of Three
Hundred Eighty Seven Thousand Six Hundred Dollars ($387,600.00) per year ("Base Salary"). The Base Salary shall be reviewed annually and may be increased (but not decreased) as determined by the Board
(or any duly authorized committee thereof) in its sole discretion. 

        (b)   Signing Bonus. Executive shall be entitled to a signing bonus (the "Signing Bonus") in the amount of $300,000.00 to be
paid as follows: 

        (i)    Seventy-five
percent (75%) of the Signing Bonus shall be payable in cash or shares of common stock of the Company ("Shares"), such form of payment to be
determined by 

Executive
at his sole discretion as provided below (the "Initial Signing Bonus"), the timing of payment to be as provided below. With respect to the Initial Signing Bonus, Executive shall notify the
Company in writing within five (5) business days following the Effective Date of Executive's preference as to the form of the payment. If Executive elects to receive the Initial Signing Bonus
in Shares only, (x) the Company shall pay Executive that number of Shares equal to the quotient determined by dividing the Initial Signing Bonus by $100.00 per Share (rounded down to the
nearest whole Share), and (y) the Company shall pay Executive an amount in cash (the "Gross-Up Amount") sufficient to reimburse Executive for any net Federal, state and/or local
income, sales, use, excise or similar taxes ("Taxes") incurred in respect of Executive's receipt of both the Initial Signing Bonus Shares and the Gross-Up Amount, such that, after payment
of any Taxes with respect to the Initial Signing Bonus Shares and the Gross-Up Amount, Executive shall be in the same position as if no Taxes were incurred in respect of either the Initial
Signing Bonus or the Gross-Up Amount. If Executive does not notify the Company in writing within five (5) business days of his preference as to the form of payment of the Initial
Signing Bonus, Executive will be deemed to have elected a cash payment. Payment of the Initial Signing Bonus (whether in cash or Shares) and the Gross-Up Payment, if applicable, shall take
place within ten (10) business days following the end of the election period described above. 

        (ii)   If
Executive is employed by the Company on the day prior to the 2nd anniversary of the Effective Date, the remaining twenty-five (25%) of the
Signing Bonus shall be paid within ten (10) business days following the second anniversary of the Effective Date. 

        (c)   Annual Incentive Compensation Program. Executive shall be entitled to participate in the Annual Incentive Compensation
Program ("AICP") pursuant to the terms and conditions of such program as it may exist from time to time, provided that with respect to Executive, 

        (i)    the
AICP for calendar year 2003 shall have the same terms and conditions in effect immediately prior to the Transaction, and 

        (ii)   the
AICP for calendar year 2004 and following may be amended by the Board in its discretion, provided: 

        1)    his
potential bonus opportunity under the AICP shall be based principally upon sharing in the profitability, cash flow, economic value added or related financial
performance parameters, 

        2)    the
formula for the plan will be such that, if applied to actual performance for 2002 and 2003, the result would not decrease the actual bonus pool contribution for those
years, 

        3)    future
changes to the AICP or its formulation shall be made in consultation with senior management (the CEO, the Chief Financial Officer of the Company and the applicable
business unit head) with the consent of the CEO, and, for each business unit, with the approval of the head of that business unit, 

        4)    if
senior management (the CEO, the Chief Financial Officer of the Company and the applicable business unit head) concludes that the new formulation has had an unintended
and material negative impact on the amount of the bonus pool, the Board shall reasonably consider an adjustment in the program to adjust for such unintended impact, 

        5)    his
potential bonus opportunity shall be maintained at least at the current level and no upper limit shall be placed on the amount of his potential bonus opportunity, 

        6)    his
potential bonus opportunity shall be based on the composite performance of the Company. 

        (d)   Stock Options. Subject to approval by the Board, Executive shall be granted an option to purchase 22875 shares of common
stock of Dearborn, with a per share exercise price equal to $100.00 per share, pursuant to the terms and conditions of the Company's 2003 Stock Incentive Plan (the "Plan") and form of stock option
agreement. 

        (e)   Reimbursement of Expenses. The Company shall pay or reimburse Executive, in accordance with its normal policies and
practices, for all reasonable travel and other expenses incurred by Executive in performing his obligations under this Agreement. 

        (f)    Other Benefits. During the period of employment under this Agreement, Executive shall be entitled to participate in all
other benefits of employment generally available to other executives of the Company and those benefits for which such persons are or shall become eligible, when and as he becomes eligible therefore
(including but not limited to any deferred compensation plan and 401(k) plan). Any material change of benefits actually or potentially reducing benefits shall be made in consultation with management
and with the consent of the CEO. 

        5.     Termination of Employment. 

        (a)   Termination by the Company for Cause. The Company may terminate Executive's employment under this Agreement for "Cause"
(as hereinafter defined) or otherwise at will at any time immediately upon written notice, or where applicable, upon Executive's failure to cure the breach as provided below, whereupon the Company
shall have no further obligation hereunder to Executive, except for payment of amounts of Base Salary accrued through the termination date. For purposes of this agreement, "Cause" shall mean:
(i) the continued willful failure by Executive to substantially perform his duties with the Company, (ii) the willful engaging by Executive in gross misconduct materially and
demonstrably injurious to the Company or (iii) Executive's material breach of Sections 3, 6 or 7 of this Agreement; provided, that with respect to any breach that is curable by Executive, as
determined by the Board in good faith, the Company has provided Executive written notice of the material breach and Executive has not cured such breach, as determined by the Board in good faith,
within fifteen (15) days following the date the Company provides such notice. If Executive thereafter intentionally repeats the breach he previously cured, such breach shall no longer be deemed
curable. 

        (b)   Termination as a Result of Executive's Death or Disability. If Executive's employment hereunder is terminated by reason
of Executive's Disability (as hereinafter defined) or death, Executive's (or Executive's estate's) right to benefits under this Agreement will terminate as of the date of such termination and all of
the Company's obligations hereunder shall immediately cease and terminate, except that Executive or Executive's estate, as the case may be, will be entitled to receive accrued Base Salary and benefits
through the date of termination as well as any pro-rated share (based on the period of actual employment) of any bonus under the AICP that Executive would have been entitled to had he
worked the full year during which the termination occurred, provided that where Executive's bonus is subject to individual criteria the allocation shall be made by Executive's immediate supervisor
taking into account historical bonus amounts, such payment to be made in full within forty-five (45) days following the determination of the amount thereof (but in no case later
than ninety (90) days after the close of the termination year) and in accordance with the Company's normal payroll practices and procedures (and no part shall be contributed to a retirement or
deferred compensation mechanism). As used herein, Executive's Disability shall have the meaning set forth in any long-term disability plan in which Executive participates, and in the
absence thereof shall mean that, due to physical or mental illness, Executive shall have failed to perform his duties on a full-time basis hereunder for one hundred eighty
(180) consecutive days and shall not have returned to the performance of his duties hereunder on a full-time basis before the end of such period, and if Disability has occurred
termination shall occur within thirty (30) days after written notice of termination is given (which notice may be given before the end of the one hundred eighty (180) day period
described above so as to cause termination of employment to occur as early as the last day of such period). 

        (c)   Termination by Executive for Good Reason or by the Company other than as a Result of Executive's Death or Disability or other than for
Cause. 

        (i)    If,
on or prior to the second anniversary of the Effective Date, Executive's employment is terminated by Executive for "Good Reason" (as hereinafter defined) or by the
Company for any reason other than Executive's death or Disability or other than for Cause, subject to Executive entering into and not revoking a release of claims in favor of the Company in the form
attached hereto as Exhibit A (the "Release") and abiding by the non-competition provision set forth in Section 6(b), Executive shall be entitled to the following benefits: 

        1)    Payment
in cash of any unpaid portion of the Signing Bonus set forth in section 4(b)(ii) within ten (10) business days following such termination. 

        2)    Payment
in cash of an amount equal to the pro-rated share (based on the period of actual employment) of any bonus under the AICP that Executive would have
been entitled to had he worked the full year during which the termination occurred, provided that where Executive's bonus is subject to individual criteria the allocation shall be made by Executive's
immediate supervisor taking into account historical bonus amounts, such payment to be made in full within forty-five (45) days following the determination of the amount thereof (but
in no case later than ninety (90) days after the close of the termination year) and in accordance with the Company's normal payroll practices and procedures (and no part shall be contributed to
a retirement or deferred compensation mechanism). 

        3)    Cash
severance payments equal in the aggregate to the sum of two (2) times the sum of (i) Executive's Base Salary at the time of termination and
(ii) Executive's target bonus under the AICP for the year in which such termination occurred (stated, where no target exists, as the average of Executive's bonuses over the immediately
preceding three (3) bonus years), such severance payment not to exceed $800,000.00 in the aggregate. The severance payment shall be payable in twenty-four (24) equal monthly
installments beginning at the end of the first full month following termination of employment. 

        4)    Continuation
of Executive's medical and health insurance benefits for a period equal to the lesser of (i) twenty four (24) months, or (ii) the period
ending on the date Executive first becomes entitled to medical and health insurance benefits under any plan maintained by any person for whom Executive provides services as an employee or otherwise. 

        (ii)   If,
following the second anniversary of the Effective Date, Executive's employment is terminated by Executive for "Good Reason" (as hereinafter defined) or by the
Company for any reason other than Executive's death or Disability or other than for Cause, subject to Executive entering into and not revoking the Release and abiding by the
non-competition provision set forth in Section 6(b), Executive shall be entitled to the following benefits: 

        1)    Payment
in cash of an amount equal to the pro-rated share (based on the period of actual employment) of any bonus under the AICP that Executive would have
been entitled to had he
worked the full year during which the termination occurred, provided that where Executive's bonus is subject to individual criteria the allocation shall be made by Executive's immediate supervisor
taking into account historical bonus amounts, such payment to be made in full within forty-five (45) days following the determination of the amount thereof (but in no case later
than ninety (90) days after the close of the termination year) and in accordance with the Company's normal payroll practices and procedures (and no part shall be contributed to a retirement or
deferred compensation mechanism). 

        2)    Cash
severance payments equal to two (2) times Executive's Base Salary at the time of termination. The severance payments shall be payable in
twenty-four (24) equal 

monthly
installments beginning at the end of the first full month following termination of employment. 

        3)    Continuation
of Executive's medical and health insurance benefits for a period equal to the lesser of (i) twenty four (24) months, or (ii) the period
ending on the date Executive first becomes entitled to medical and health insurance benefits under any plan maintained by any person for whom Executive provides services as an employee or otherwise. 

        (iii)  Notwithstanding
the provisions of Section 5(c)(i) and (ii), if, in connection with a Change of Control Transaction or within two (2) years
thereafter, Executive's employment is terminated by Executive for "Good Reason" or by the Company for any reason other than Executive's death or Disability or other than for Cause, Executive shall be
entitled to the benefits set forth in Section 5(c)(i), subject to Executive entering into and not revoking the Release and abiding by the non-competition provision set forth in
Section 6(b). 

        (iv)  For
purposes of this Agreement, "Good Reason" shall mean (a) a material reduction (without Executive's express written consent) in Executive's title or
responsibilities, (b) the Company's material breach (without Executive's express written consent) of Sections 2 or 4 of this Agreement, or (c) relocation of Executive's primary place of
work more than thirty (30) miles from its current location; provided, that Executive has provided the Company written notice of the material breach and the Company has not cured such breach
within fifteen (15) days following the date Executive provides such notice. If the Company thereafter intentionally repeats the breach it previously cured, such breach shall no longer be deemed
curable. 

        (v)   For
purposes of this Agreement, "Change of Control Transaction" shall have the meaning set forth in the Stockholders' Agreement by and among the Company and certain of
its stockholders, dated as of September 24th, 2003. 

        (d)   Termination by Executive other than for Good Reason. Executive may terminate his employment with the Company other than
for Good Reason upon thirty (30) days written notice to the Company, after which the Company shall have no further obligation hereunder to Executive, except for payment of amounts of Base
Salary and other benefits accrued through the termination date, or as otherwise provided in this Section 5(d) below. 

        (i)    If
such termination occurs on or prior to the second anniversary of the Effective Date, Executive agrees to be bound by the non-competition provision set
forth in Section 6(b) below for a period of one (1) year following termination of employment (the "First Year") provided that in such case the Company agrees, subject to Executive
entering into and not revoking the Release, to the continuation of Executive's medical and health insurance benefits for a period equal to the lesser of (i) the First Year, or (ii) the
period ending on the date Executive first becomes entitled to medical and health insurance benefits under any plan maintained by any person for whom Executive provides services as an employee or
otherwise. Thereafter Executive agrees, at the written election of the Company, to be bound by the non-competition provision set forth in Section 6(b) for an additional year (the
"Second Year") and, subject to his entering and not revoking the Release, shall be entitled to (A) cash payments (the "Non-Competition Payment") equal in the aggregate to the
positive difference, if any, between (i) Executive's Base Salary at the time of termination and (ii) the "Option Spread Value," as determined below, and (B) continuation of
Executive's medical and health insurance benefits for a period equal to the lesser of (i) the Second Year, or (ii) the period ending on the date Executive first becomes entitled to
medical and health insurance benefits under any plan maintained by any person for whom Executive provides services as an employee or otherwise. 

        1)    The
Non-Competition Payment shall be payable in twelve (12) equal monthly installments commencing in the first month of the Second Year. 

        2)    If
the Company desires to make the election set forth in (d)(i) above, such election shall be provided according to the Notice provision set forth in
Section 8 below within 120 days after the date of termination of Executive's employment. 

        3)    The
"Option Spread Value" means the positive difference, if any, between (x) the aggregate Fair Market Value (as defined in the Plan) of the Shares that have
vested at the time of Executive's termination pursuant to options granted to Executive and (y) the aggregate exercise price of such Shares, regardless of whether the options have been
exercised. 

        (ii)   If
such termination occurs after the second anniversary of the Effective Date, and the Company elects in writing within thirty (30) days following the date of
termination (the "Initial Election"), Executive agrees to be bound by the non-competition provision set forth in Section 6(b) below for the First Year and, subject to Executive
entering into and not revoking the Release,
Executive shall be entitled to the Non-Competition Payment II, as determined below, and, provided that in such case the Company agrees to continuation of Executive's medical and health
insurance benefits for a period equal to the lesser of (i) the First Year, or (ii) the period ending on the date Executive first becomes entitled to medical and health insurance benefits
under any plan maintained by any person for whom Executive provides services as an employee or otherwise. 

        1)    The
"Non-Competition Payment II" shall be cash payments payable in twelve equal monthly installments commencing within thirty (30) days following
termination of Executive's employment, and equal in the aggregate to the positive difference, if any, between (i) Executive's Base Salary at the time of termination and (ii) the Option
Spread Value. 

        2)    If
the Company has made the Initial Election, the Company may further elect in writing no later than 120 days after the date of termination to extend the period
for which Executive is bound under the non-competition provision of Section 6 (b) below for the Second Year, in which case Executive shall be entitled to the
Non-Competition Payment III, as determined below, and continuation of Executive's medical and health insurance benefits for a period equal to the lesser of (i) the Second Year, or
(ii) the period ending on the date Executive first becomes entitled to medical and health insurance benefits under any plan maintained by any person for whom Executive provides services as an
employee or otherwise. 

        3)    The
"Non-Competition Payment III" shall be cash payments payable in twelve (12) equal monthly installments commencing on the first month of the Second
Year, equal in the aggregate to (i) two (2) times Executive's Base Salary less (ii) the Option Spread Value less (iii) amounts paid under Section 5(d)(ii)(1) above. 

        4)    In
the event Executive does not provide the Company with the thirty (30) days' notice set forth in Section 5(d), Executive shall in all events be bound by
the provisions of Section 6(b) until the expiration of such thirty (30) days' notice period. 

        6.     Confidential Information, Non-Competition; Non-Solicitation. 

        (a)   Confidential Information. Executive acknowledges that in his employment hereunder he will occupy a position of trust and
confidence. Executive shall not, except in the course of the good faith performance of his duties hereunder or as required by applicable law, without limitation in time or until such information shall
have become public other than by Executive's unauthorized disclosure, disclose to others or use, whether directly or indirectly, any Confidential Information regarding the Company, its subsidiaries
and affiliates. "Confidential Information" shall mean information about the Company, its subsidiaries or affiliates, or their respective clients or customers that was learned by Executive in the
course of his employment by the Company, its subsidiaries or affiliates, including (without limitation) any proprietary knowledge, trade secrets, data, formulae, information and client and customer
lists and all papers, resumes, and records 

(including
computer records) of the documents containing such Confidential Information, but excludes information (i) which is in the public domain through no unauthorized act or omission of
Executive; or (ii) which becomes available to Executive on a non-confidential basis from a source other than the Company or its affiliates without breach of such source's
confidentiality or non-disclosure obligations to the Company or any affiliate. Executive agrees to deliver or return to the Company, at the Company's request at any time or upon
termination or expiration of his employment or as soon thereafter as possible, (A) all documents, computer tapes and disks, records, lists, data, drawings, prints, notes and written information
(and all copies thereof) furnished by the Company, its subsidiaries or affiliates, or prepared by Executive during the term of his employment by the Company, its subsidiaries or affiliates, and
(B) all notebooks and other data relating to research or experiments or other work conducted by Executive in the scope of employment. 

        (b)   Non-Competition. During the period of Executive's employment by the Company and, if Executive's employment is
terminated under Sections 5(a), (b) or (c) above (and provided the Company fulfills its obligations thereunder) until the second anniversary of the date of Executive's employment
termination, or if Executive's employment is terminated under Section 5(d), for the period called for thereunder (the "Non-Competition Period"), Executive shall not, directly or
indirectly, without the prior written consent of the Company, provide consultative services or otherwise provide services to (whether as an employee or a consultant, with or without pay) or, own,
manage, operate, join, control, participate in, or be connected with (as a stockholder, partner, or otherwise), any business, individual, partner, firm, corporation, or other entity that is then a
competitor of the Company, its subsidiaries or affiliates (each such competitor a "Competitor of the Company"); provided, however, that the "beneficial
ownership" by Executive, either individually or as a member of a "group," as such terms are used in Rule 13d of the General Rules and Regulations under the Securities Exchange Act of 1934, as
amended (the "Exchange Act"), of not more than five percent (5%) of the voting stock of any publicly held corporation shall not alone constitute a violation of this Agreement. Executive and the
Company acknowledge and agree that the business of the Company extends throughout the United States, and that the terms of the non-competition agreement set forth herein shall apply on a
nationwide basis throughout the United States. 

        (c)   Non-Solicitation of Customers and Suppliers. During the period of Executive's employment by the Company and,
if Executive's employment is terminated under Sections 5(a), (b) or (c) above (and provided the Company fulfills its obligations thereunder) until the second anniversary of the date of
Executive's employment termination, or if Executive's employment is terminated under Section 5(d), the Non-Competition Period, Executive shall not, directly or indirectly,
influence or attempt to influence customers or suppliers of the Company or any of its subsidiaries or affiliates to divert any of their business to any Competitor of the Company. 

        (d)   Non-Solicitation of Employees. Executive recognizes that he possesses and will possess Confidential
Information about other employees of the Company, its subsidiaries or affiliates, relating to their education, experience, skills, abilities, compensation and benefits, and inter-personal
relationships with customers of the Company, its subsidiaries or affiliates. Executive recognizes that the information he possesses and will possess about these other employees is not generally known,
is of substantial value to the Company, its subsidiaries or affiliates in developing their business and in securing and retaining customers, and has been and will be acquired by him because of his
business position with the Company, its subsidiaries or affiliates. Executive agrees that, during the period of Executive's employment by the Company and for a period of two (2) years
thereafter, he will not, directly or indirectly, solicit, recruit, induce, or encourage or attempt to solicit, recruit, induce, or encourage any employee of the Company, its subsidiaries or affiliates
(i) for the purpose of being employed by him or by any Competitor of the Company on whose behalf he is acting as an agent, representative or employee or (ii) to terminate his or her
employment or any other relationship with the Company, its subsidiaries, or affiliates. Executive 

also
agrees that Executive will not convey any such Confidential Information or trade secrets about other employees of the Company, its subsidiaries, or affiliates to any other person." 

        (e)   Injunctive Relief. It is expressly agreed that the Company will or would suffer irreparable injury if Executive were to
violate any of the provisions of this Section 6 and that the Company would by reason of such violation be entitled to injunctive relief in a court of appropriate jurisdiction, and Executive
further consents and stipulates to the entry of such injunctive relief in such a court prohibiting Executive from so violating Section 6 of this Agreement. 

        (f)    Survival of Provisions. The obligations contained in this Section 6 shall survive the termination or expiration of
Executive's employment with the Company and shall be fully enforceable thereafter. 

        7.     No Conflict. Executive represents and warrants that Executive is not subject to any agreement, instrument, order, judgment
or decree of any kind, or any other restrictive agreement of any character, which would prevent Executive from entering into this Agreement or would conflict with the performance of Executive's duties
pursuant to this Agreement. Executive represents and warrants that Executive will not engage in any activity which would conflict with the performance of Executive's duties pursuant to this Agreement. 

        8.     Notices. All notices and other communications under this Agreement shall be in writing and shall be given by courier
service or first-class mail, certified or registered with return receipt requested, 

and
shall be deemed to have been duly given on the date receipt is recorded by the appropriate delivery service, or may be delivered personally by hand to the respective persons named below: 

	 
	 

	If to Company:	Dearborn Holdings Corporation

c/o GFI

11611 San Vicente Boulevard; Suite 710

Los Angeles, CA 90049

Attention: Board of Directors
	 	 
	with copies to:	 
	 	GFI

11611 San Vicente Boulevard; Suite 710

Los Angeles, CA 90049

Attention: Ian Schapiro

and

OCM

333 South Grand Avenue

Los Angeles, CA 90071

Attention: Christopher Brothers

and

Skadden, Arps, Slate, Meagher & Flom LLP

300 South Grand Avenue

Los Angeles, CA 90071-3144

Attention: Jeffrey H. Cohen, Esq.

	 	 
	If to Executive:	David R. Helwig

525 Guinevere Drive

Newton Square, PA 19073

	 	 
	with a copy to:	

	

 	

	

 	

	

 	

Either
party may change such party's address for notices by notice duly given pursuant hereto. 

        9.     Dispute Resolution; Attorneys' Fees. The Company and Executive agree that any dispute arising as to the parties' rights
and obligations hereunder, other than with respect to Section 6, shall, at the election and upon written demand of either party, be submitted to arbitration before a single arbitrator in
Delaware County, Pennsylvania under the National Rules for the Resolution of Employment Disputes of the American Arbitration Association. 

        10.   Assignment; Successors. This Agreement is personal in its nature and neither of the parties hereto shall, without the
consent of the other, assign or transfer this Agreement or any rights or obligations hereunder; provided that, in the event of the merger, consolidation, transfer, or sale of all or substantially all
of the assets of the Company with or to any other individual or entity, this Agreement shall, subject to the provisions hereof, be binding upon and inure to the benefit of such successor and such
successor shall discharge and perform all the promises, covenants, duties, and obligations of the Company hereunder. 

        11.   Governing Law. This Agreement and the legal relations thus created between the parties hereto shall be governed by and
construed under and in accordance with the laws of the State of Delaware. 

        12.   Withholding. The Company shall make such deductions and withhold such amounts from each payment made to Executive
hereunder as may be required from time to time by law, governmental regulation or order. 

        13.   Headings. Section headings in this Agreement are included herein for convenience of reference only and shall not
constitute a part of this Agreement for any other purpose. 

        14.   Waiver; Modification. Failure to insist upon strict compliance with any of the terms, covenants, or conditions hereof
shall not be deemed a waiver of such term, covenant, or condition, nor shall any waiver or relinquishment of, or failure to insist upon strict compliance with, any right or power hereunder at any one
or more times be deemed a waiver or relinquishment of such right or power at any other time or times. This Agreement shall not be modified in any respect except by a writing executed by each party
hereto. 

        15.   Severability. If for any reason any term or provision containing a restriction set forth herein is held to be for a
length of time which is unreasonable or in other way is construed to be too broad or to any extent invalid, such term or provision shall not be determined to be null, void and of no effect, but to the
extent the same is or would be valid or enforceable under applicable law, any court shall construe and reform this Agreement to provide for a restriction having the maximum time period and other
provisions as shall be valid and enforceable under applicable law. If, notwithstanding the previous sentence, any term or provision of this Agreement is held to be invalid or unenforceable, all other
valid terms and provisions hereof shall remain in full force and effect, and all of the terms and provisions of this Agreement shall be deemed to be severable in nature. 

        16.   Entire Agreement; Effect on Certain Prior Agreements. This Agreement constitutes the entire agreement between the parties
with respect to the subject matter hereof and, except as provided below, supercedes any prior agreements between them with respect to the subject matter hereof, including all prior employment,
retention, severance or related agreements between Executive and the Company or any successor, predecessor or affiliate. Without limiting the generality of the foregoing, except as provided below, the
obligations under this Agreement with respect to any termination of employment of Executive, for whatever reason, supersede any severance or related obligations of the Company or any of its
successors, predecessors or affiliates in any plan of the Company or any of its successors, predecessors or affiliates or any agreement between Executive and the Company or any of its successors,
predecessors or affiliates, and Executive shall not be entitled to any severance amounts under any such plan or agreement. Exelon Enterprises Company, LLC shall be a third party beneficiary of the
preceding sentence. Notwithstanding the foregoing or anything to the contrary in this Agreement, neither this Agreement nor any provision hereof shall supersede or otherwise limit Executive's rights
pursuant to the Exelon Corporation Change in Control Employment Agreement dated as of June 1, 2001, between Executive and Exelon Corporation, as amended by a letter agreement dated
December 5, 2002, or any rights of Executive thereunder. 

        17.   Agreements of InfraSource. In consideration for, and as an inducement to, Executive entering into this Agreement,
InfraSource hereby guarantees payment and performance of the Company's obligations under Sections 4 and 5 of this Agreement. The liability of InfraSource hereunder shall be primary and joint and
several with that of the Company. Any amounts paid to Executive by InfraSource hereunder shall automatically reduce, on a dollar for dollar basis, the obligations of the Company with respect to the
same amounts. 

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

        IN
WITNESS WHEREOF, the Company has caused this Agreement to be executed by its duly authorized officer, and Executive has hereunto signed this Agreement, as of the date first above
written. 

DEARBORN
HOLDINGS CORPORATION 

	

By:	

/s/  IAN SCHAPIRO      
	
 	

 
	Its:	President	 	 
	 	 	 	 
	 	 	 	 
	EXECUTIVE	 	 
	 	 	 	 
	/s/  DAVID R. HELWIG      
	 	 
	 	 	 	 
	INFRASOURCE INCORPORATED	 	 
	 	 	 	 
	

By:	

/s/  TERENCE R. MONTGOMERY      
	
 	

 
	Its:	Chief Financial Officer

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