April 28, 2006 By Personal Delivery Mr. Richard E. Goodrich 3 Oakley Downs The Woodlands, TX 77382 Dear Rich:Chicago Bridge & Iron Co N V • May 4th, 2006 • Construction - special trade contractors
We have agreed to amend your Severance Agreement (the “Agreement”) and our previous letter agreements amending that Agreement so that you will remain employed by Chicago Bridge & Iron Company (Delaware) (“Company” or “CB&I”) through May 31, 2006 (although we could mutually agree in writing to shorten or extend that period).
AGREEMENT AND MUTUAL RELEASEAgreement and Mutual Release • May 4th, 2006 • Chicago Bridge & Iron Co N V • Construction - special trade contractors • Texas
This Agreement and Mutual Release (the “Agreement”) is made as of the date last set forth below by and between Chicago Bridge & Iron Company (Delaware), a Delaware corporation (“CB&I Delaware”), Chicago Bridge & Iron Company N.V., a Netherlands corporation (“CBINV”), Chicago Bridge & Iron Company B.V., a Netherlands corporation (“CBIBV”) (hereinafter referred to collectively, together with all of their respective affiliates and subsidiaries, as the “Company”) and Gerald M. Glenn (the “Executive”) (together, the “Parties”).
