SEC Contract Filing

Filing Date: 2016-02-05

Document Content:
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<TYPE>EX-10.21
<SEQUENCE>3
<FILENAME>mini-ex1021_653.htm
<DESCRIPTION>EX-10.21
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<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:12pt;">&nbsp;</p>
<p style="text-align:right;margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Exhibit 10.21</p>
<p style="text-align:center;margin-top:12pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">AMENDMENT NO. 1 TO</p>
<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">EMPLOYMENT AGREEMENT</p>
<p style="margin-top:12pt;margin-bottom:0pt;text-indent:6.67%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">THIS AMENDMENT NO. 1 TO EMPLOYMENT AGREEMENT (this &#8220;<font style="text-decoration:underline;">Amendment</font>&#8221;) is entered into as of this 20th day of April, 2015 (the &#8220;<font style="text-decoration:underline;">Effective Date</font>&#8221;), by and between MOBILE MINI, INC., a Delaware corporation (the &#8220;<font style="text-decoration:underline;">Company</font>&#8217;) and Lynn Courville (the &#8220;<font style="text-decoration:underline;">Employee</font>&#8221;). </p>
<p style="text-align:center;margin-top:12pt;margin-bottom:0pt;text-indent:0%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">RECITALS:</p>
<p style="margin-top:12pt;margin-bottom:0pt;text-indent:6.67%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">WHEREAS, the Company and Employee entered into that certain Employment Agreement, dated as of August 16, 2013 (the &#8220;<font style="text-decoration:underline;">Employment Agreement</font>&#8221;); and </p>
<p style="margin-top:12pt;margin-bottom:0pt;text-indent:6.67%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">WHEREAS, the parties now wish to amend the provision in the Employment Agreement relating to the Employee&#8217;s right to severance after the occurrence of a change in control of the Company.</p>
<p style="margin-top:12pt;margin-bottom:0pt;text-indent:6.67%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">NOW, THEREFORE, in consideration of the foregoing recitals and the mutual agreements and covenants contained herein, and for other good and valuable consideration, the receipt and sufficiency of which hereby are acknowledged, the parties hereto hereby agree as follows, effective as of the Effective Date:</p>
<p style="margin-top:12pt;margin-bottom:0pt;text-indent:6.67%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">1.<font style="margin-left:36pt;">Section 6(c) of the Employment Agreement is amended and restated to read as follows (revisions are underlined):</font></p>
<p style="margin-top:12pt;margin-bottom:0pt;margin-left:6.67%;text-indent:13.33%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#8220;(c)<font style="margin-left:36pt;"></font><font style="font-style:italic;">Following a Change in Control</font>.&nbsp;&nbsp;If within one year following the occurrence of a Change of Control the Employee&#8217;s employment by the Company is terminated either by the Company other than for Cause, death or Disability, or by the Employee for <font style="text-decoration:underline;">Good Reason</font>, then the Employee shall be entitled to the benefits provided below (the &#8220;CiC Benefits&#8221; and together with Without Cause Benefits, the &#8220;Severance Benefits&#8221;):&#8221;</p>
<p style="margin-top:12pt;margin-bottom:0pt;text-indent:6.67%;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">IN WITNESS WHEREOF<font style="font-weight:normal;">, the parties hereto have executed this Amendment as of the Effective Date.</font></p>
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