![]() ![]() Executive shall act in conformity with Company’s written and oral policies and within the limits, budgets and business plans set by the Company, and shall adhere to all rules and regulations in effect from time to time relating to the conduct of employees of the Company. ![]() Executive shall devote Executive’s full business time, attention, skill and energy to the business and affairs of the Company, and shall use Executive’s reasonable best efforts to perform such responsibilities in a diligent, loyal, and businesslike manner so as to advance the best interests of the Company. Executive shall perform such duties and responsibilities as are consistent with a senior executive of the Company and those duties as may be assigned to Executive by the Chief Executive Officer from time to time. During the Employment Term, Executive shall hold the position of Senior Vice President – Chief Human Resources and Administrative Officer, and shall report to the Company’s Chief Executive Officer. Delivery of a notice of non-renewal of the Agreement by either the Executive or the Company will not be considered a resignation or termination under this Agreement.ġ.2 Position and Duties. The Employment Term shall be extended automatically for successive one-year periods unless, at least 60 days prior to expiration of the Employment Term, either party gives written notice to the other party that he/it does not wish to renew the Agreement (such one year extension(s) and the Initial Employment Term to be, collectively, the “Employment Term”). Executive’s employment under this Agreement shall commence on Octo(the “Start Date”) and continue until the third annual anniversary of such date, unless terminated earlier pursuant to Article III herein (the “Initial Employment Term”). This EMPLOYMENT AGREEMENT (the “ Agreement”) is made as of this 1st day of October, 2020 (the “ Agreement Date”), by and between Great Lakes Dredge & Dock Corporation (the “ Corporation”), with and on behalf of its wholly-owned subsidiaries (together, the “ Company”), and James Tastard (“ Executive”).ġ.1 Term of Employment. ![]()
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