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EXHIBIT 10.3
[FORM OF]
AMENDED AND RESTATED
EMPLOYMENT AGREEMENT
THIS AMENDED AND RESTATED EMPLOYMENT AGREEMENT (the "Agreement") is
effective as of January 1, 1997 by and between WHITE CAP INDUSTRIES, INC., a
California corporation (the "Company"), and XXXXXXX XXXXXX, an individual
("Executive").
R E C I T A L S
WHEREAS, the Company and Executive entered into that certain Employment
Agreement dated February 25, 1997 (the "Employment Agreement"); and
WHEREAS, the parties desire to amend the Employment Agreement as provided
herein; and
WHEREAS, the Company desires to retain the services of Executive, and
Executive desires to be employed by the Company, on the terms and subject to the
conditions set forth in this Agreement; and
NOW, THEREFORE, in consideration of the mutual covenants contained herein
and other good and valuable consideration, the receipt and sufficiency of which
are hereby acknowledged, the parties hereto agree as follows:
1. Employment. The Company shall employ Executive, and Executive accepts
employment with the Company, upon the terms and conditions set forth in this
Agreement for the period beginning January 1, 1997 and ending as provided in
Section 5 hereof (the "Employment Period").
2. Position and Duties.
(a) During the Employment Period, Executive shall serve as a Senior Vice
President and the National Sales Manager of the Company and shall have the
normal and reasonable duties, responsibilities and authority commensurate with
such position as determined by the Board of Directors of the Company and as
directed by the President of the Company. Executive's services pursuant to this
Agreement shall be performed primarily at the Company's principal place of
business in Orange County, California, and at such other facilities of the
Company as are necessary for the Executive to perform his duties hereunder.
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