EXHIBIT 99(u) SUBORDINATED NOTE DUE 2002 THE SECURITY REPRESENTED BY THIS INSTRUMENT HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933. THIS SECURITY CANNOT BE SOLD OR OTHERWISE TRANSFERRED UNLESS THIS SECURITY IS REGISTERED UNDER THE...Note Purchase Option Agreement • June 8th, 2001 • White Mountains Insurance Group LTD • Fire, marine & casualty insurance • New York
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NOTE PURCHASE OPTION AGREEMENTNote Purchase Option Agreement • June 2nd, 2009 • Mastec Inc • Water, sewer, pipeline, comm & power line construction • Florida
THIS NOTE PURCHASE OPTION AGREEMENT (“Agreement”) is executed and delivered as of this 1st day of June, 2009, by and among MasTec North America, Inc. (“Maker”), Jon L. Wanzek, as Sellers’ Representative (“Wanzek”), and the Wanzek Family Foundation (the “Foundation”, and together with Wanzek, the “Holder”). Capitalized terms used and not otherwise defined herein, shall have the respective meanings ascribed thereto in the Stock Purchase Agreement dated October 4, 2008, by and among Maker, MasTec, Inc., a Florida corporation, Wanzek Construction, Inc., a North Dakota corporation, Trust B under the Amended and Restated Living Trust of Leo Wanzek dated February 2, 2000, a North Dakota trust, Janet L. Wanzek, a North Dakota resident, Wanzek Construction 2008 Irrevocable Trust, a North Dakota trust, Jon L. Wanzek, a North Dakota resident, Jon L. Wanzek 2008 Two-Year Irrevocable Annuity Trust, a North Dakota trust, and Wanzek, as Sellers’ Representative, subsequently amended by that certain Fi
ARTICLE I THE OPTIONNote Purchase Option Agreement • June 8th, 2001 • White Mountains Insurance Group LTD • Fire, marine & casualty insurance • New York
