AMENDMENT TO EMPLOYMENT AGREEMENT
This Agreement is made between MARTEN TRANSPORT, LTD. ("Employer"), and
XXXXXXX X. XXXXX ("Employee"), to amend that certain Employment Agreement
between the Employee and the Employer dated May 1, 1993, as set forth herein.
1. In recognition of the services and benefits provided in the past by
Employee for the Employer, and in addition to all other income, benefits
and bonuses, the Employer agrees to pay to the Employee an additional
amount of One Thousand and no/100 Dollars ($1,000.00) per month for the
period of 60 months.
2. This amount shall be due and payable to Employee, or Employee's estate or
beneficiaries and heirs, for the period commencing on January 1, 1998, and
on the first day of each month thereafter with the last payment due on
December 1, 2002. The obligation to make this payment shall not be
affected by the subsequent employment status, resignation, disability or
death of Employee, or the termination of the Employment Agreement, as
amended.
3. This Agreement shall be binding on both parties and their respective heirs,
personal representatives, successors and assigns.
Dated this 27th day of January, 1999.
MARTEN TRANSPORT, LTD. XXXXXXX X. XXXXX
EMPLOYER EMPLOYEE
By: /s/ Xxxxxx X. Xxxxxx By: /s/ Xxxxxxx X. Xxxxx
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Chairman, Compensation Committee
