<SEC-DOCUMENT>0001193125-14-131768.txt : 20140404
<SEC-HEADER>0001193125-14-131768.hdr.sgml : 20140404
<ACCEPTANCE-DATETIME>20140404161635
ACCESSION NUMBER:		0001193125-14-131768
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		5
CONFORMED PERIOD OF REPORT:	20140331
ITEM INFORMATION:		Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20140404
DATE AS OF CHANGE:		20140404

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			MASTEC INC
		CENTRAL INDEX KEY:			0000015615
		STANDARD INDUSTRIAL CLASSIFICATION:	WATER, SEWER, PIPELINE, COMM AND POWER LINE CONSTRUCTION [1623]
		IRS NUMBER:				650829355
		STATE OF INCORPORATION:			FL
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-08106
		FILM NUMBER:		14746143

	BUSINESS ADDRESS:	
		STREET 1:		800 S. DOUGLAS ROAD
		STREET 2:		12TH FLOOR
		CITY:			CORAL GABLES
		STATE:			FL
		ZIP:			33134
		BUSINESS PHONE:		3055991800

	MAIL ADDRESS:	
		STREET 1:		800 S. DOUGLAS ROAD
		STREET 2:		12TH FLOOR
		CITY:			CORAL GABLES
		STATE:			FL
		ZIP:			33134

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	BURNUP & SIMS INC
		DATE OF NAME CHANGE:	19920703
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>d706956d8k.htm
<DESCRIPTION>FORM 8-K
<TEXT>
<HTML><HEAD>
<TITLE>FORM 8-K</TITLE>
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 <P STYLE="line-height:1.0pt;margin-top:0pt;margin-bottom:0pt;border-bottom:1px solid #000000">&nbsp;</P>
<P STYLE="line-height:3.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000">&nbsp;</P> <P STYLE="margin-top:4pt; margin-bottom:0pt; font-size:18pt; font-family:Times New Roman" ALIGN="center"><B>UNITED STATES </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:18pt; font-family:Times New Roman" ALIGN="center"><B>SECURITIES AND EXCHANGE COMMISSION </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>Washington, D.C. 20549 </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center>
<P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:18pt; font-family:Times New Roman" ALIGN="center"><B>FORM 8-K
</B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center> <P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>CURRENT REPORT </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>Pursuant
to Section&nbsp;13 or 15(d) </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>of The Securities Exchange Act of 1934 </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>Date of report (Date of earliest event reported): March&nbsp;31, 2014 </B></P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center> <P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:24pt; font-family:Times New Roman" ALIGN="center"><B>MASTEC, INC. </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>(Exact
Name of Registrant as Specified in Its Charter) </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center>
<P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Florida
</B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>(State or Other Jurisdiction of Incorporation) </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD VALIGN="top" ALIGN="center"><B>Florida</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"><B>0-08106</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"><B>65-0829355</B></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:8pt">
<TD VALIGN="top" ALIGN="center"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>(State or other jurisdiction</B></P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>of incorporation)</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>(Commission</B></P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>File Number)</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>(IRS Employer</B></P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>Identification No.)</B></P></TD></TR>
</TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>800 S. Douglas Road, 12<SUP STYLE="font-size:85%; vertical-align:top">th</SUP> Floor, Coral Gables, Florida
33134 </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>(Address of Principal Executive Offices) (Zip Code) </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>(305) 599-1800 </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>(Registrant&#146;s Telephone Number, Including Area Code) </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>N/A </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>(Former Name or
Former Address, if Changed Since Last Report) </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center>
<P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Check the appropriate box below
if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="FONT-FAMILY:WINGDINGS">&#168;</FONT></TD>
<TD ALIGN="left" VALIGN="top">Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="FONT-FAMILY:WINGDINGS">&#168;</FONT></TD>
<TD ALIGN="left" VALIGN="top">Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="FONT-FAMILY:WINGDINGS">&#168;</FONT></TD>
<TD ALIGN="left" VALIGN="top">Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="FONT-FAMILY:WINGDINGS">&#168;</FONT></TD>
<TD ALIGN="left" VALIGN="top">Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) </TD></TR></TABLE> <P STYLE="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<P STYLE="line-height:1.0pt;margin-top:0pt;margin-bottom:0pt;border-bottom:1px solid #000000">&nbsp;</P> <P STYLE="line-height:3.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000">&nbsp;</P>

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<TD WIDTH="10%" VALIGN="top" ALIGN="left"><B>ITEM&nbsp;5.02</B></TD>
<TD ALIGN="left" VALIGN="top"><B>Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. </B></TD></TR></TABLE>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">On March&nbsp;31, 2014, MasTec, Inc., a Florida corporation (&#147;<U>MasTec</U>&#148;), entered into a new employment agreement with Alberto
de Cardenas, MasTec&#146;s Executive Vice President and General Counsel (the &#147;<U>de Cardenas Agreement</U>&#148;), and amendments to the employment agreements with Jose Mas, MasTec&#146;s Chief Executive Officer (the &#147;<U>Mas
Amendment</U>&#148;), George Pita, MasTec&#146;s Chief Financial Officer (the &#147;<U>Pita Amendment</U>&#148;), and Robert E. Apple, MasTec&#146;s Chief Operating Officer (the &#147;<U>Apple Amendment</U>&#148; and, collectively with the Mas
Amendment and the Pita Amendment, the &#147;<U>Amendments</U>&#148;). </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; margin-left:4%; font-size:10pt; font-family:Times New Roman"><I>The de Cardenas Agreement </I></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The de Cardenas Agreement, which replaces and supersedes Mr.&nbsp;de Cardenas&#146; prior employment agreement with MasTec, remains in effect
until terminated and provides that Mr.&nbsp;de Cardenas will be paid an initial annual base salary of $350,000. The de Cardenas Agreement also provides for an annual performance bonus of up to his base salary based on the achievement of goals
established by the Compensation Committee of MasTec&#146;s Board of Directors (the &#147;<U>Committee</U>&#148;), as determined in the Committee&#146;s sole discretion. Following termination of Mr.&nbsp;de Cardenas&#146; employment by MasTec without
cause (as defined in the de Cardenas Agreement) or by Mr.&nbsp;de Cardenas for good reason (as defined in the de Cardenas Agreement), Mr.&nbsp;de Cardenas would receive his base salary, an amount equal to the average performance bonus (as defined in
the de Cardenas Agreement) that he received preceding termination and certain employee benefits set forth in the de Cardenas Agreement paid over a period of twelve months following the date of termination. If Mr.&nbsp;de Cardenas&#146; employment is
terminated other than for cause and he has not breached certain of his obligations set forth in the de Cardenas Agreement, his restricted stock and stock options that he currently has or may have in the future would continue to vest until they are
fully vested, and all existing and future stock option grants would remain exercisable for the full term of the grant. If there is a change of control (as defined in the de Cardenas Agreement) of MasTec during the employment term, Mr.&nbsp;de
Cardenas would be entitled (i)&nbsp;to a lump sum payment equal to the sum of (x)&nbsp;one and a half times his base salary and (y)&nbsp;one and a half times his average performance bonus, (ii)&nbsp;the immediate vesting of any previously unvested
options and restricted stock and (iii)&nbsp;the continuation of benefits as set forth in the de Cardenas Agreement. Under certain circumstances, the change in control payment would be reduced to avoid triggering an excise tax on such benefits. The
de Cardenas Agreement also contains confidentiality, non-competition and non-solicitation provisions. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; margin-left:4%; font-size:10pt; font-family:Times New Roman"><I>The Amendments </I></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The Mas Amendment amends Mr.&nbsp;Mas&#146; current employment agreement to provide that Mr.&nbsp;Mas&#146; average performance bonus, which
determines a portion of the amounts payable to Mr.&nbsp;Mas upon a change in control, MasTec&#146;s termination of his employment without cause, or Mr.&nbsp;Mas&#146; termination of his employment for good reason, would be calculated based on
Mr.&nbsp;Mas&#146; average performance bonus for last three complete calendar years for which he was employed by MasTec. Prior to the Mas Amendment, Mr.&nbsp;Mas&#146; average performance bonus would have been calculated based on each year in
Mr.&nbsp;Mas&#146; term of employment. Additionally, the Mas Amendment amends Mr.&nbsp;Mas&#146; current employment agreement to clarify that, following a termination of Mr.&nbsp;Mas&#146; employment other than for cause, Mr.&nbsp;Mas&#146;
restricted stock and stock options that he currently has or may have in the future would continue to vest until they are fully </P>

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vested, and all existing and future stock option grants would remain exercisable for the full term of the grant; provided that Mr.&nbsp;Mas continued to comply with certain restrictive covenants
contained in his employment agreement. The Mas Amendment additionally makes certain technical changes to Mr.&nbsp;Mas&#146; current employment agreement with respect to Section&nbsp;409A of the U.S. Internal Revenue Code of 1986, as amended. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The Pita Amendment amends Mr.&nbsp;Pita&#146;s current employment agreement with MasTec to provide that, under certain circumstances, any
change in control payment payable to Mr.&nbsp;Pita pursuant to such agreement would be reduced to avoid triggering an excise tax on such payment. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The Apple Amendment amends Mr.&nbsp;Apple&#146;s current employment agreement with MasTec to clarify that, following a termination of
Mr.&nbsp;Apple&#146;s employment other than for cause, Mr.&nbsp;Apple&#146;s restricted stock and stock options that he currently has or may have in the future would continue to vest until they are fully vested, and all existing and future stock
option grants would remain exercisable for the full term of the grant; provided that Mr.&nbsp;Apple continued to comply with certain restrictive covenants contained in his employment agreement. Additionally, the Apple Amendment effects certain
technical changes to the provisions relating to tax gross-ups to clarify that any such gross-ups would be based on Mr.&nbsp;Apple&#146;s actual marginal tax rates as a result of compensation paid or made available to him, including the additional
taxes imposed upon him due to MasTec&#146;s payment of the initial taxes on such compensation. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The foregoing description of the de
Cardenas Agreement and the Amendments is only a summary and is qualified by reference to the full text of the de Cardenas Agreement, the Mas Amendment, the Pita Amendment and the Apple Amendment, which are filed as Exhibit 10.1, Exhibit 10.2,
Exhibit 10.3 and Exhibit 10.4, respectively, to this Current Report on Form 8-K and incorporated herein by reference. </P> <P STYLE="font-size:18pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD WIDTH="10%" VALIGN="top" ALIGN="left"><B>ITEM&nbsp;9.01</B></TD>
<TD ALIGN="left" VALIGN="top"><B>Financial Statements and Exhibits. </B></TD></TR></TABLE> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B><I>(d) Exhibits </I></B></P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD VALIGN="bottom" NOWRAP ALIGN="center"> <P STYLE="border-bottom:1.00pt solid #000000; width:28.45pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>Exhibit<BR>Number</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center"> <P STYLE="border-bottom:1.00pt solid #000000; width:39.50pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>Description</B></P></TD></TR>


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<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
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<TD VALIGN="top" NOWRAP>10.1</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Employment Agreement, dated March&nbsp;31, 2014, between MasTec, Inc. and Alberto de Cardenas.</TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" NOWRAP>10.2</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">First Amendment to the Employment Agreement between MasTec, Inc. and Jose R. Mas, dated March&nbsp;31, 2014.</TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" NOWRAP>10.3</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">First Amendment to the Employment Agreement between MasTec, Inc. and George Pita, dated March&nbsp;31, 2014.</TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" NOWRAP>10.4</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">First Amendment to the Employment Agreement between MasTec, Inc. and Robert E. Apple, dated March&nbsp;31, 2014.</TD></TR>
</TABLE>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>SIGNATURES </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized. </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:8pt">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:8pt">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="5"><B>MASTEC, INC.</B></TD></TR>
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<TD HEIGHT="16" COLSPAN="2"></TD>
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<TD HEIGHT="16" COLSPAN="4"></TD></TR>
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<TD VALIGN="top">Date:&nbsp;April 4, 2014</TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:8pt">&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:8pt">&nbsp;</FONT></TD>
<TD VALIGN="bottom">By:</TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:8pt">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="3"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman">/s/ Alberto de Cardenas</P></TD></TR>
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<TD VALIGN="bottom"><FONT STYLE="font-size:8pt">&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
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<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:8pt">&nbsp;</FONT></TD>
<TD VALIGN="bottom">Name:</TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:8pt">&nbsp;</FONT></TD>
<TD VALIGN="bottom">Alberto de Cardenas</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:8pt">&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:8pt">&nbsp;</FONT></TD>
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<TD VALIGN="bottom"><FONT STYLE="font-size:8pt">&nbsp;</FONT></TD>
<TD VALIGN="top">Title:</TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:8pt">&nbsp;</FONT></TD>
<TD VALIGN="bottom">Executive Vice President, General Counsel and Secretary</TD></TR>
</TABLE>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>EXHIBIT INDEX </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">


<TR>
<TD></TD>
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<TD WIDTH="92%"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:8pt">
<TD VALIGN="bottom" NOWRAP ALIGN="center"> <P STYLE="border-bottom:1.00pt solid #000000; width:28.45pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>Exhibit<BR>Number</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center"> <P STYLE="border-bottom:1.00pt solid #000000; width:39.50pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>Description</B></P></TD></TR>


<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" NOWRAP>10.1</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Employment Agreement, dated March&nbsp;31, 2014, between MasTec, Inc. and Alberto de Cardenas.</TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" NOWRAP>10.2</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">First Amendment to the Employment Agreement between MasTec, Inc. and Jose R. Mas, dated March&nbsp;31, 2014.</TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" NOWRAP>10.3</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">First Amendment to the Employment Agreement between MasTec, Inc. and George Pita, dated March&nbsp;31, 2014.</TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" NOWRAP>10.4</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">First Amendment to the Employment Agreement between MasTec, Inc. and Robert E. Apple, dated March&nbsp;31, 2014.</TD></TR>
</TABLE>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right"><B>EXHIBIT 10.1 </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B><U>EMPLOYMENT AGREEMENT </U></B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">THIS EMPLOYMENT AGREEMENT (the &#147;<U>Agreement</U>&#148;) is entered into on March&nbsp;31, 2014 (the &#147;<U>Effective Date</U>&#148;),
by and between <B>MASTEC, INC.</B>, a Florida corporation (the &#147;<U>Company</U>&#148;), and <B>Alberto de Cardenas</B> (&#147;<U>Employee</U>&#148;). </P>
<P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B><U>Recitals </U></B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">WHEREAS,
Employee and the Company previously entered into an Employment Agreement, dated January&nbsp;1, 2008 (the &#147;<U>Original Agreement</U>&#148;); and </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">WHEREAS, Employee and the Company desire to terminate and replace the Original Agreement and continue without interruption Employee&#146;s
employment under this Agreement, effective as of the Effective Date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">ACCORDINGLY, in consideration of the mutual covenants and agreements
set forth in this Agreement, and for other good and valuable consideration, the receipt and adequacy of which are acknowledged, the Company and Employee agree as follows: </P>
<P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B><U>Terms </U></B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">1.
<B><U>Employment</U></B>. The Company employs Employee and Employee desires to be employed by the Company on the terms and subject to the conditions set forth in this Agreement. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">2. <B><U>Term.</U></B> The term of Employee&#146;s employment under this Agreement will commence on the Effective Date and shall continue
until terminated in accordance with this Agreement (&#147;Term&#148;). </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">3. <U><B>Duties.</B></U> </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman"><B>a. </B><B><U>Position</U></B>. During the Term, Employee will serve as Executive Vice President and General Counsel of the Company. Subject
to the direction of the Chief Executive Officer of the Company (&#147;<U>CEO</U>&#148;), Employee will perform all duties commensurate with his position and such other tasks as may be assigned to him by the CEO or the Board of Directors of the
Company (the &#147;<U>Board</U>&#148;). If requested by the Company, Employee will serve as an officer or director of any subsidiary of the Company, without additional compensation, provided, however, that if Employee is asked to serve as a director
of any subsidiary of the Company, Employee may refuse to accept, or resign from, such appointment without causing a breach of this Agreement by Employee. If asked to serve as an officer or director of a subsidiary of the Company, Employee will be
provided those officer and director indemnifications provided to other officers and directors of the Company and any such subsidiary. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman"><B>b. </B><U><B>Full Time and Attention</B></U>. During the Term, Employee will devote his full business time and energies to the business and
affairs of the Company and its subsidiaries and will use his best efforts, skills and abilities solely to promote the interests of the Company and its subsidiaries and to diligently and competently perform his duties, all in a manner in compliance
with all applicable laws and regulations and in accordance with applicable policies and procedures adopted or amended from time to time by the Company, including, without </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">1 </P>


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limitation, the <I>Employee Handbook</I>, a copy of which Employee acknowledges having received. Notwithstanding the foregoing, Employee may serve as a director on up to two and not more than two
boards of directors of other companies, so long as such service does not interfere with Employee&#146;s performance of Employee&#146;s duties to the Company. Employee&#146;s primary place of employment shall be at the Company&#146;s primary place of
business in Miami-Dade County, Florida; however, Employee agrees and acknowledges that a material part of the time devoted to his duties and position hereunder will require that Employee travel on behalf of the Company. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">4. <U><B>Compensation and Benefits.</B></U> </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman"><B>a. <U>Base Salary</U></B>. During the Term, Employee will be paid, as compensation for services rendered pursuant to this Agreement and
Employee&#146;s observance and performance of all of the provisions of this Agreement, the amount of Three Hundred and Fifty Thousand Dollars ($350,000.00) per annum (the &#147;<U>Base Salary</U>&#148;). The Base Salary will be payable in accordance
with the normal payroll procedures of the Company as in effect from time to time. The Board or the Compensation Committee of the Board may, in its sole discretion, elect to increase the Base Salary. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman"><B>b. <U>Benefits</U></B>. During the Term, Employee will be entitled to participate in or benefit from, in accordance with the eligibility
and other provisions thereof, such life, health, medical, accident, dental and disability insurance and such other benefit plans as the Company may make generally available to, or have in effect for, other employees of the Company at the same
general level as Employee. The Company retains the right to terminate or amend any such plans from time to time in its sole discretion. During the Term, the Company shall provide Employee with a non-accountable automobile allowance of xxxxxx per
month or Employee shall be entitled to the use of a Company automobile, in lieu of receiving such non-accountable automobile allowance. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman"><B>c. <U>Performance Bonus</U></B>. Employee shall be entitled to participate in the Company&#146;s bonus plan for senior management (the
&#147;<U>SMBP</U>&#148;), and shall be eligible to receive an annual bonus in an amount up to one-hundred percent (100%)&nbsp;of Employee&#146;s Base Salary. The amount of the annual bonus payable to Employee for a year (if any) shall be based upon
the achievement of certain performance goals established by the Compensation Committee of the Board, in its sole discretion. The Compensation Committee, in its sole discretion, can pay Employee additional compensation for outstanding performance or
achievement. Any bonuses payable pursuant to this Section&nbsp;4(c) shall be referred to herein as &#147;<U>Performance Bonuses</U>.&#148; If the Employee&#146;s employment shall terminate prior to December&nbsp;31 of any year, Employee shall be
entitled to a pro-rata bonus for such partial calendar year as determined by the Compensation Committee, in its sole discretion. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman"><B>d.
<U>Expenses</U></B>. The Company will reimburse Employee, in accordance with the Company&#146;s expense reimbursement policies as may be established from time to time by the Company, for all reasonable travel and other expenses actually incurred or
paid by him during the Term in the performance of his services under this Agreement, upon presentation of expense statements or vouchers or such other supporting information as the Company may require. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">2 </P>


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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman"><B>e. </B><B><U>Withholding</U></B>. All payments under this Agreement will be subject to
applicable taxes and required withholdings. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman"><B></B>f.<B> </B><U><B>Equity</B></U>. After Employee&#146;s employment is terminated and so
long as Employee&#146;s employment is not terminated for Cause (as defined in Section&nbsp;11(c) hereof) and Employee has not breached any of his obligations set forth in Sections&nbsp;6, 7 and 8 hereof, any restricted stock issuances or stock
options grants Employee currently has or may have in the future shall continue to vest until they are fully vested and all existing and future stock option grants will remain exercisable by Employee for the full term of the grant. The Restricted
Stock will be subject to the terms and conditions of the Company&#146;s incentive plans, as in effect and as may be amended from time to time in the Company&#146;s sole discretion. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">5. <B><U>Representations of Employee</U></B>. Employee represents and warrants that he is not, (i)&nbsp;a party to any enforceable employment
agreement or other arrangement, whether written or oral, with any past employer, that would prevent or restrict Employee&#146;s employment with the Company; (ii)&nbsp;a party to or bound by any agreement, obligation or commitment, or subject to any
restriction, including, but not limited to, confidentiality agreements, restrictive covenants or non-compete and non-solicitation covenants, except for agreements with the Company or its affiliates; or (iii)&nbsp;involved with any professional
endeavors which in the future may possibly adversely affect or interfere with the business of the Company, the full performance by Employee of his duties under this Agreement or the exercise of his best efforts hereunder. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">6. <B><U>Confidentiality.</U></B> </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman"><B>a. </B><B><U>Confidential Information</U></B><B></B>. Employee acknowledges that as a result of his employment with the Company, Employee
will gain knowledge of, and access to, proprietary and confidential information and trade secrets of the Company and its subsidiaries and affiliates, including, without limitation, (1)&nbsp;the identity of customers, suppliers, subcontractors and
others with whom they do business; (2)&nbsp;their marketing methods and strategies; (3)&nbsp;contract terms, pricing, margin, cost information and other information regarding the relationship between them and the persons and entities with which they
have contracted; (4)&nbsp;their services, products, software, technology, developments, improvements and methods of operation; (5)&nbsp;their results of operations, financial condition, projected financial performance, sales and profit performance
and financial requirements; (6)&nbsp;the identity of and compensation paid to their employees, including Employee; (7)&nbsp;their business plans, models or strategies and the information contained therein (8)&nbsp;their sources, leads or methods of
obtaining new business; and (9)&nbsp;all other confidential information of, about or concerning the business of the Company and its subsidiaries and affiliates (collectively, the &#147;<U>Confidential Information</U>&#148;). Employee further
acknowledges that such information, even though it may be contributed, developed or acquired by Employee, and whether or not the foregoing information is actually novel or unique or is actually known by others, constitutes valuable assets of the
Company developed at great expense which are the exclusive property of the Company or its subsidiaries and affiliates. Accordingly, Employee will not, at any time, either during or subsequent to the Term, in any fashion, form or manner, directly or
indirectly, (i)&nbsp;use, divulge, disclose, communicate, provide or permit access to any person or entity, any Confidential Information of any kind, nature or description, or (ii)&nbsp;remove from the Company&#146;s or its subsidiaries or
affiliates&#146; premises any notes or records relating thereto, or copies or facsimiles thereof (whether made by electronic, electrical, magnetic, optical, </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">3 </P>


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laser acoustic or other means) except in the case of both (i)&nbsp;and (ii), (A)&nbsp;as reasonably required in the performance of his services to the Company under this Agreement, (B)&nbsp;to
responsible officers and employees of the Company who are in a contractual or fiduciary relationship with the Company and who have a need for such information for purposes in the best interests of the Company, (C)&nbsp;for such information which is
or becomes generally available to the public other than as a result of an unauthorized disclosure by Employee, and (D)&nbsp;or as otherwise necessary to comply with the requirements of law, after providing the Company with not less than five
(5)&nbsp;days prior written notice of Employee&#146;s intent to disclose. Employee acknowledges that the Company would not enter into this Agreement without assurance that all Confidential Information will be used for the exclusive benefit of the
Company. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman"><B>b. <U>Return of Confidential Information</U></B><U>.</U> Upon request by the Company, Employee will promptly deliver to the
Company all drawings, manuals, letters, notes, notebooks, reports and copies thereof, including all originals and copies contained in computer hard drives or other electronic or machine readable format, all Confidential Information and other
materials relating to the Company&#146;s business, including, without limitation, any materials incorporating Confidential Information, which are in Employee&#146;s possession or control. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">7. <B><U>Intellectual Property</U></B>. Any and all material eligible for copyright or trademark protection and any and all ideas and
inventions (&#147;<U>Intellectual Property</U>&#148;), whether or not patentable, in any such case solely or jointly made, developed, conceived or reduced to practice by Employee (whether at the request or suggestion of any officer or employee of
the Company or otherwise, whether alone or in conjunction with others, and whether during regular hours of work or otherwise) during the Term which arise from the fulfillment of Employee&#146;s duties hereunder and which may be directly or
indirectly useful in the business of the Company will be promptly and fully disclosed in writing to the Company. The Company will have the entire right, title and interest (both domestic and foreign) in all such Intellectual Property, which is the
sole property of the Company. All papers, drawings, models, data and other materials relating to any such idea, material or invention will be included in the definition of Confidential Information, will remain the sole property of the Company, and
Employee will return to the Company all such papers, and all copies thereof, including all originals and copies contained in computer hard drives or other electronic or machine readable format, upon the earlier of the Company&#146;s request thereof,
or the expiration or termination of Employee&#146; employment hereunder. Employee will execute, acknowledge and deliver to the Company any and all further assignments, contracts or other instruments the Company deems necessary or expedient, without
further compensation, to carry out and effectuate the intents and purposes of the Agreement and to vest in the Company each and all of the rights of the Company in the Intellectual Property. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">8. <B><U>Covenants</U></B> </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman"><B>a. </B><B><U>Non-Competition and Non-Solicitation</U></B>. Employee acknowledges and agrees that Company&#146;s and its subsidiary and
affiliated companies (collectively, the &#147;<U>Companies</U>&#148;) existing or contemplated businesses (collectively, the &#147;<U>Business</U>&#148;) are conducted throughout the United States of America and the Commonwealth of Canada. Until one
(1)&nbsp;year following the date of the termination of Employee&#146;s employment with the Company (the &#147;<U>Period of Non-competition</U>&#148; and within the United States of America and the Commonwealth of Canada (including their possessions,
protectorate and territories, the &#147;<U>Territory</U>&#148;), Employee will not (whether or not then employed by the Company for any reason), without the Company&#146;s prior written consent: </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:13%; font-size:10pt; font-family:Times New Roman">(i) directly or indirectly own, manage, operate, control, be employed by, act as agent, consultant or advisor for, or participate in the
ownership, management, operation or control of, or be connected in any manner through the investment of capital, lending of money, or rendering of services or otherwise, with, any business of the type and character engaged in and competitive with
the Business. For these purposes, ownership of securities of one percent (1%)&nbsp;or less of any class of securities of a public company will not be considered to be competition with the Business; </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">4 </P>


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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:13%; font-size:10pt; font-family:Times New Roman">(ii) solicit, persuade or attempt to solicit or persuade or cause or authorize directly or
indirectly to be solicited or persuaded any existing customer or client, or potential customer or client to which the Companies have made a presentation or with which the Companies have been having discussions, to cease doing business with or
decrease the amount of business done with or not to hire the Companies, or to commence doing Business with or increase the amount of Business done with or hire another company; </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:13%; font-size:10pt; font-family:Times New Roman">(iii) solicit, persuade or attempt to solicit or persuade or cause or authorize directly or indirectly to be solicited or persuaded the
business of any person or entity that is a customer or client of the Companies, or was their customer or client within two (2)&nbsp;years prior to cessation of Employee&#146;s employment by any of the Companies or any of their subsidiaries, for the
purpose of competing with the Companies in the Business; or </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:13%; font-size:10pt; font-family:Times New Roman">(iv) solicit, persuade or attempt to solicit or persuade or cause or
authorize directly or indirectly to be solicited or persuaded for employment, or employ or cause or authorize directly or indirectly to be employed, on behalf of Employee or any other person or entity, any individual who is or was at any time within
six (6)&nbsp;months prior to cessation of Employee&#146;s employment by the Companies, an employee of any of the Companies. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">If Employee
breaches or violates any of the provisions of this <U>Section&nbsp;8</U>, the running of the Period of Non-Competition (but not of any of Employee&#146;s obligations under this Section&nbsp;8 ) will be tolled with respect to Employee during the
continuance of any actual breach or violation. In addition to any other rights or remedies the Company may have under this Agreement or applicable law, the Company will be entitled to receive from Employee reimbursement for all attorneys&#146; and
paralegal fees and expenses and court costs incurred by the Companies in enforcing this Agreement and will have the right and remedy to require Employee to account for and pay over to the Company all compensation, profit, monies, accruals or other
benefits derived or received, directly or indirectly, by Employee from the action constituting a breach or violation of this <U>Section&nbsp;8</U>. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman"><B>b. <U>Exceptions</U></B>. Utilities and Telecommunications operators (such as NextEra, Verizon, AT&amp;T), cable companies and other
non-construction or installation customers of the Company shall not be considered engaged in and competitive with the Business. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman"><B>c.
<U>Consulting</U></B><B>. </B>Employee agrees to provide consulting or other services as reasonably requested by the Company and at mutually agreed-upon rates upon his termination of employment with the Company. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">5 </P>


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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">9. <U><B>Reasonable Restrictions</B></U>. The parties acknowledge and agree that the restrictions
set forth in Sections 6, 7, and 8 of this Agreement are reasonable for the purpose of protecting the value of the business and goodwill of the Companies. It is the desire and intent of the parties that the provisions of Sections 6, 7, and 8 be
enforced to the fullest extent permissible under the laws and public policies applied in each jurisdiction in which enforcement is sought. If any particular provisions or portions of Sections 6, 7 or 8 are adjudicated to be invalid or unenforceable,
then such section will be deemed amended to delete such provision or portion adjudicated to be invalid or unenforceable; provided, however, that such amendments to apply only with the respect to the operation of such section in the particular
jurisdiction in which such adjudication is made. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">10. <B><U>Breach or Threatened Breach</U></B>. The parties acknowledge and agree that
the performance of the obligations under Sections 6, 7 and 8 by Employee are special, unique and extraordinary in character, and that in the event of the breach or threatened breach by Employee of the terms and conditions of Sections 6, 7 or 8, the
Companies will suffer irreparable injury and that monetary damages would not provide an adequate remedy at law and that no remedy at law may exist. Accordingly, in the event of such breach or threatened breach, the Company will be entitled, if it so
elects and without the posting of any bond or security, to institute and prosecute proceedings in any court of competent jurisdiction, in law and in equity, to obtain damages for any breach of Sections 6, 7 or 8 or to enforce the specific
performance of this Agreement by Employee or to enjoin Employee from breaching or attempting to breach Sections 6, 7 or 8. In the event the Company believes that the Employee has breached Employee&#146;s obligations under Sections 6, 7 or 8, or
threatens to do so, it shall promptly provide the Employee written notice of such belief setting forth the basis for its belief and, (unless under exigent circumstances, as determined by the Company at its sole discretion, it would harm the
Companies to delay the institution of legal proceedings) five&nbsp;(5) business days to respond to the notice, prior to the initiation of legal proceedings. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">11. <B><U>Termination</U></B>. The Employee&#146;s employment under this Agreement may be terminated upon the occurrence of any of the events
described in, and subject to the terms of, this Section&nbsp;11: </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman"><B>a. </B><B><U>Death</U></B>. Immediately and automatically upon the
death of Employee. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman"><B>b. </B><U><B>Disability</B></U>. At the Company&#146;s option, immediately upon written notice if Employee suffers
a &#147;<U>permanent disability</U>&#148;, meaning any incapacity, illness or disability of Employee which renders Employee mentally or physically unable to perform his duties under this Agreement for a continuous period of sixty&nbsp;(60) days, or
one hundred twenty (120)&nbsp;days (whether or not consecutive), during the Term, as reasonably determined by the Company. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman"><B>c.
</B><B><U>Termination for Cause</U></B>. At the Company&#146;s option, immediately upon notice to Employee, upon the occurrence of any of the following events (each &#147;<U>Cause</U>&#148;), (i)&nbsp;Employee being convicted of any felony (whether
or not against the Company or its subsidiaries </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">6 </P>


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or affiliates); (ii)&nbsp;a material failure of Employee to perform Employee&#146;s responsibilities after ten&nbsp;(10) days&#146; written notice given by an executive officer of the Company to
Employee, which notice shall identify the Employee&#146;s failure in sufficient detail and grant Employee an opportunity to cure such failure within such ten (10)&nbsp;day period; (iii)&nbsp;a breach by Employee of any of his obligations under
Sections&nbsp;6,&nbsp;7 or&nbsp;8 hereof; (iv)&nbsp;any material act of dishonesty or other misconduct by Employee against the Company or any of its subsidiaries or affiliates; (v)&nbsp;a material violation by Employee of any of the policies or
procedures of the Company or any of its subsidiaries or affiliates, including without limitation the <I>Company Handbook</I>, provided, however, that if such violation is curable, then Employee will be given ten&nbsp;(10) days written notice and the
opportunity to cure such violation; or (vi)&nbsp;Employee voluntarily terminates this Agreement or leaves the employ of the Company or its subsidiaries or affiliates for any reason, other than Good Reason. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman"><B>d. </B><B><U>Termination Without Cause</U></B>. At the Company&#146;s option for any reason, or no reason, upon five&nbsp;(5) days&#146;
written notice to Employee given by the CEO. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman"><B>e. </B><B><U>Termination With Good Reason</U></B>. At Employee&#146;s option, upon the
occurrence of any of the following: (i)&nbsp;a material diminution in the Employee&#146;s base compensation or Performance Bonus opportunity or benefits; (ii)&nbsp;a material diminution in the Employee&#146;s authority, duties, or responsibilities;
(iii)&nbsp;a material diminution in the budget over which the Employee retains authority; (iv)&nbsp;a change in the geographic location to one outside Miami-Dade County at which the Employee must perform the services under this Agreement; or
(v)&nbsp;any other action or inaction that constitutes a material breach by the Company of this Agreement. For purposes of this Agreement, Good Reason shall not be deemed to exist unless the Employee&#146;s termination of employment for Good Reason
occurs within 2 years following the initial existence of one of the conditions specified in clauses (i)&nbsp;through (v)&nbsp;above, the Employee provides the Company with written notice of the existence of such condition within 90 days after the
initial existence of the condition, and the Company fails to remedy the condition within 30 days after its receipt of such notice. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman"><B>f.
</B><B><U>Payments After Termination</U></B>. If Employee&#146;s employment hereunder is terminated for the reasons set forth in Sections&nbsp;11(a)&nbsp;or&nbsp;11(b), then Employee or Employee&#146;s estate will receive the Base Salary and any
Performance Bonus earned through the date of death or disability, and all of Employee&#146;s stock options and restricted stock shall immediately vest. If the Company terminates Employee&#146;s employment hereunder for the reasons set forth in
Section&nbsp;11(c) then (i)&nbsp;Employee will receive his Base Salary through the date of termination and (ii)&nbsp;Employee will forfeit any entitlement that Employee may have to receive any Performance Bonus. If Employee&#146;s employment
hereunder is terminated for the reason set forth in Section&nbsp;11(d) or Section&nbsp;11(e), then (i)&nbsp;Employee will receive his Base Salary, his Average Performance Bonus (as defined below) and benefits set forth in Section&nbsp;4(b) hereof
(collectively, with the payment of the Base Salary and Average Performance Bonus, the &#147;<U>Severance Benefits</U>&#148;), over a period of twelve (12)&nbsp;months from the date of termination (the &#147;<U>Severance Period</U>&#148;). The
Average Performance Bonus shall mean the average of the Performance Bonuses the Employee has received during the last three complete calendar years for which Employee was an employee of the Company. The Severance Benefit shall be payable in
accordance with the Company&#146;s payroll procedures and subject to applicable withholdings, and subject to Employee complying with the obligations set forth in Sections 6, 7 and 8. Any Severance Benefits payable to
</P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">7 </P>


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Employee also shall be conditioned upon Employee&#146;s execution of a general release of claims in a form to be provided by the Company, and the release becoming effective within 45 days after
the date on which Employee&#146;s employment terminates. Payment of any Severance Benefits shall be delayed until the 46<SUP STYLE="font-size:85%; vertical-align:top">th</SUP> day following the date on which Employee&#146;s employment terminates
(the &#147;Payment Commencement Date&#148;), and any Severance Benefits that are so delayed shall be paid on the Payment Commencement Date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman"><B>g. </B><B><U>General</U></B>. Notwithstanding anything to the contrary set forth in this Agreement, the provision of payments after
termination in accordance with the provisions of Section&nbsp;11(f) above, shall not be a bar to the Employee&#146;s continued entitlement from the Company of (i)&nbsp;reimbursements of proper expenses, (ii)&nbsp;expense allowances,
(iii)&nbsp;vested benefit and welfare entitlements; (iv)&nbsp;unemployment compensation, (v)&nbsp;workers compensation benefits, (vi)&nbsp;accrued vacation time (if consistent with Company policy), (vii)&nbsp;Base Salary through date of termination,
and (viii)&nbsp;continued vesting of options and restricted stock as may be provided in accordance with the provisions of this Agreement or any incentive plan. Notwithstanding anything in this Agreement to the contrary, if Employee is employed by
the Company for an entire calendar year (e.g., the 2014 calendar year) and is terminated for any reason prior to the payment of the Performance Bonus for that year, if any, the Company hereby agrees to pay Employee any Performance Bonus that he
would have otherwise been entitled to for that prior year, simultaneous with the payment of such bonuses to the Company&#146;s employees. Upon payment by the Company of the amounts described in Section&nbsp;11(f) and this Section&nbsp;11(g),
Employee will not be entitled to receive any further compensation or benefits from the Company. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman"><B>h. </B><B><U>Change in
Control</U></B>. If, while Employee is employed by the Company, there occurs a Change in Control, as defined in Exhibit A, then and in that case only, (i)&nbsp;all Employee&#146;s stock options and restricted stock then outstanding shall immediately
vest, (ii)&nbsp;Employee will receive on the date of the Change in Control a lump sum equal to the sum of (A)&nbsp;1.5 times his Base Salary and (B)&nbsp;1.5 times his Average Performance Bonus and (iii)&nbsp;shall continue to receive normal
benefits as set out in Section&nbsp;4(b). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman"><B>i. <U>Potential Section&nbsp;280G Reductions</U></B><I></I><B>.</B><I> </I> </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:13%; font-size:10pt; font-family:Times New Roman">(i)&nbsp;Anything in this Agreement to the contrary notwithstanding, in the event that it shall be determined that any payment, distribution,
or other action by the Company to or for the benefit of the Employee, whether paid or payable or distributed or distributable pursuant to the terms of this Agreement or otherwise (a &#147;Payment&#148;), would result in an &#147;excess parachute
payment&#148; within the meaning of Section&nbsp;280G(b)(i) of the Internal Revenue Code of 1986, as amended (the &#147;Code&#148;), and the value determined in accordance with Section&nbsp;280G(d)(4) of the Code of the Payments, net of all taxes
imposed on the Employee (the &#147;Net After-Tax Amount&#148;) that the Employee would receive would be increased if the Payments were reduced, then the Payments shall be reduced by an amount (the &#147;Reduction Amount&#148;) so that the Net
After-Tax Amount after such reduction is greatest.&nbsp;For purposes of determining the Net After-Tax Amount, the Employee shall be deemed to (i)&nbsp;pay federal income taxes at the highest marginal rates of federal income taxation for the calendar
year in which the Payment is to be made, and (ii)&nbsp;pay applicable state and local income taxes at the highest marginal rate of taxation for the calendar year in which the Payment is to be made, net of the maximum reduction in federal income
taxes which could be obtained from deduction of such state and local taxes. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">8 </P>


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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:13%; font-size:10pt; font-family:Times New Roman">(ii)&nbsp;Subject to the provisions of this Section&nbsp;11(i), all determinations required to
be made under this Section&nbsp;11(i), including the Net After-Tax Amount, the Reduction Amount and the Payments that are to be reduced pursuant to Section&nbsp;11(i)(i) and the assumptions to be utilized in arriving at such determinations, shall be
made by a nationally accredited accounting firm chosen by the Company in its sole discretion (the &#147;Accounting Firm&#148;), which shall promptly provide detailed supporting calculations both to the Company and the Employee upon request by the
Company.&nbsp;The Accounting Firm&#146;s decision as to which Payments are to be reduced shall be made (i)&nbsp;only from Payments that the Accounting Firm determines reasonably may be characterized as &#147;parachute payments&#148; under
Section&nbsp;280G of the Code; (ii)&nbsp;only from Payments that are required to be made in cash, (iii)&nbsp;only with respect to any amounts that are not payable pursuant to a &#147;nonqualified deferred compensation plan&#148; subject to
Section&nbsp;409A of the Code, until those payments have been reduced to zero, and (iv)&nbsp;in reverse chronological order, to the extent that any Payments subject to reduction are made over time (e.g., in installments).&nbsp;In no event, however,
shall any Payments be reduced if and to the extent such reduction would cause a violation of Section&nbsp;409A of the Code or other applicable law.&nbsp;All fees and expenses of the Accounting Firm shall be borne solely by the Company.&nbsp;Any
determination by the Accounting Firm shall be binding upon the Company and the Employee.</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">12. <U><B>Compliance with
Section&nbsp;409A</B><B>:</B> </U> </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman"><B>a. <U>General</U></B><B>.</B> It is the intention of both the Company and the Employee that the
benefits and rights to which the Employee could be entitled pursuant to this Agreement comply with Section&nbsp;409A of the Internal Revenue Code and the Treasury Regulations and other guidance promulgated or issued thereunder (&#147;Section
409A&#148;), to the extent that the requirements of Section&nbsp;409A are applicable thereto, and the provisions of this Agreement shall be construed in a manner consistent with that intention. If the Employee or the Company believes, at any time,
that any such benefit or right that is subject to Section&nbsp;409A does not so comply, it shall promptly advise the other and shall negotiate reasonably and in good faith to amend the terms of such benefits and rights such that they comply with
Section&nbsp;409A (with the most limited possible economic effect on the Employee and on the Company). Notwithstanding the foregoing, the Company does not make any representation to the Employee that the payments or benefits provided under this
Agreement are exempt from, or satisfy, the requirements of Section&nbsp;409A, and the Company shall have no liability or other obligation to indemnify or hold harmless the Employee or any beneficiary of the Employee for any tax, additional tax,
interest or penalties that the Employee or any beneficiary of the Employee may incur in the event that any provision of this Agreement, or any amendment or modification thereof, or any other action taken with respect thereto, is deemed to violate
any of the requirements of Section 409A. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman"><B>b</B>. <B><U>Distributions on Account of Separation from Service</U></B>. If and to the
extent required to comply with Section&nbsp;409A, no payment or benefit required to be paid under this Agreement on account of termination of the Employee&#146;s employment shall be made unless and until the Employee incurs a &#147;separation from
service&#148; within the meaning of Section 409A. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">9 </P>


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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman"><B>c. <U>6 Month Delay for Specified Employees</U>.</B> </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:13%; font-size:10pt; font-family:Times New Roman">(i) If the Employee is a &#147;specified employee&#148;, then no payment or benefit that is payable on account of the Employee&#146;s
&#147;separation from service&#148;, as that term is defined for purposes of Section&nbsp;409A, shall be made before the date that is six months after the Employee&#146;s &#147;separation from service&#148; (or, if earlier, the date of the
Employee&#146;s death) if and to the extent that such payment or benefit constitutes deferred compensation (or may be nonqualified deferred compensation) under Section&nbsp;409A and such deferral is required to comply with the requirements of
Section&nbsp;409A. Any payment delayed by reason of the prior sentence, and interest on any such delayed payment determined at the rate being paid by the Company on its senior credit facility determined as of the date of termination of the
Employee&#146;s employment, shall be paid in a single lump sum at the end of such required delay period in order to catch up to the original payment schedule, and any benefits delayed by reason of the prior sentence, shall be provided at the end of
such required delay period. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:13%; font-size:10pt; font-family:Times New Roman">(ii) For purposes of this provision, the Employee shall be considered to be a &#147;specified employee&#148;
if, at the time of his or her separation from service, the Employee is a &#147;key employee&#148;, within the meaning of Section&nbsp;416(i) of the Code, of the Company (or any person or entity with whom the Company would be considered a single
employer under Section&nbsp;414(b) or Section&nbsp;414(c) of the Code) any stock in which is publicly traded on an established securities market or otherwise. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman"><B>d. <U>No Acceleration of Payments</U></B>. Neither the Company nor the Employee, individually or in combination, may accelerate any payment
or benefit that is subject to Section&nbsp;409A, except in compliance with Section&nbsp;409A and the provisions of this Agreement, and no amount that is subject to Section&nbsp;409A shall be paid prior to the earliest date on which it may be paid
without violating Section 409A. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman"><B>e. <U>Treatment of Each Installment as a Separate Payment</U></B><B>.</B> For purposes of applying the
provisions of Section&nbsp;409A to this Agreement, each separately identified amount to which the Employee is entitled under this Agreement shall be treated as a separate payment. In addition, to the extent permissible under Section&nbsp;409A, any
series of installment payments under this Agreement shall be treated as a right to a series of separate payments. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman"><B>f. <U>Taxable
Reimbursements and In-Kind Benefits</U></B><B>.</B> </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:13%; font-size:10pt; font-family:Times New Roman">(i) Any reimbursements by the Company to the Employee of any eligible expenses under
this Agreement that are not excludable from the Employee&#146;s income for Federal income tax purposes (the &#147;Taxable Reimbursements&#148;) shall be made by no later than the earlier of the date on which they would be paid under the
Company&#146;s normal policies and the last day of the taxable year of the Employee following the year in which the expense was incurred. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:13%; font-size:10pt; font-family:Times New Roman">(ii) The amount of any Taxable Reimbursements, and the value of any in-kind benefits to be provided to the Employee, during any taxable year
of the Employee shall not affect the expenses eligible for reimbursement, or in-kind benefits to be provided, in any other taxable year of the Employee. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:13%; font-size:10pt; font-family:Times New Roman">(iii) The right to any Taxable Reimbursement, or in-kind benefits, shall not be subject to liquidation or exchange for another benefit. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">10 </P>


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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman"><B>g. <U>Tax Gross-Ups</U></B><B>.</B> Payment of any tax reimbursements under this Agreement
must be made by no later than the end of the taxable year of the Employee following the taxable year of the Employee in which the Employee remits the related taxes. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">13. <B><U>Miscellaneous</U></B><U><B>.</B></U> </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman"><B>a. </B><B><U>Survival</U></B>. The provisions Sections 6,&nbsp;7,&nbsp;8,&nbsp;9, 10,&nbsp;11, 12 and 13 will survive the termination or
expiration of this Agreement for any reason. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman"><B>b. </B><B><U>Entire Agreement</U></B>. This Agreement constitutes the entire agreement of
the parties pertaining to its subject matter and supersedes all prior or contemporaneous agreements or understandings between the parties pertaining to the subject matter of this Agreement (including, without limitation, the Original Agreement), and
there are no promises, agreements, conditions, undertakings, warranties, or representations, whether written or oral, expressed or implied, between the parties other than as set forth in this Agreement. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman"><B>c. </B><B><U>Modification</U></B>. This Agreement may not be amended or modified, or any provision waived, unless in writing and signed by
both parties. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman"><B>d. </B><B><U>Waiver</U></B><B></B>. Failure of a party to enforce one or more of the provisions of this Agreement or to
require at any time performance of any of the obligations of this Agreement will not be construed to be a waiver of such provisions by such party nor to in any way affect the validity of this Agreement or such party&#146;s right thereafter to
enforce any provision of this Agreement, nor to preclude such party from taking any other action at any time which it would legally be entitled to take. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman"><B>e. </B><B><U>Successors and Assigns</U></B>. This Agreement may not be assigned or the duties delegated unless in writing and signed by
both parties, except for any assignment by the Company occurring by operation of law or the transfer of substantially all of the Company&#146;s assets. Subject to the foregoing, this Agreement will inure to the benefit of, and be binding upon, the
parties and their heirs, beneficiaries, personal representatives, successors and permitted assigns. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman"><B>f. <U>Notices</U></B>. Any notice,
demand, consent, agreements, request, or other communication required or permitted under this Agreement will be in writing and will be, (i)&nbsp;mailed by first-class mail, registered or certified, return receipt requested, postage prepaid,
(ii)&nbsp;delivered personally by independent courier, or (iii)&nbsp;transmitted by facsimile, to the parties at the addressee as follows (or at such other addresses as will be specified by the parties by like notice). If to Employee, then to: </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:13%; font-size:10pt; font-family:Times New Roman">If to the Company, then to: </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:17%; font-size:10pt; font-family:Times New Roman">MasTec, Inc. </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:17%; font-size:10pt; font-family:Times New Roman">Douglas Entrance,
12<SUP STYLE="font-size:85%; vertical-align:top">th</SUP> Floor </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:17%; font-size:10pt; font-family:Times New Roman">800 Douglas Road </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:17%; font-size:10pt; font-family:Times New Roman">Coral Gables, Florida </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:17%; font-size:10pt; font-family:Times New Roman">Attn:
Legal Department </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:17%; font-size:10pt; font-family:Times New Roman">Facsimile: 305-406-1907 </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">11 </P>


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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Each party may designate by notice in writing a new address to which any notice, demand, consent, agreement,
request or communication may thereafter be given, served or sent. Each notice, demand, consent, agreement, request or communication that is mailed, hand delivered or transmitted in the manner described above will be deemed received for all purposes
at such time as it is delivered to the addresses (with the return receipt, the courier delivery receipt or the telecopier answer back confirmation being deemed conclusive evidence of such delivery) or at such time as deliver is refused by the
addressee upon presentation. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman"><B>g. <U>Severability</U></B>. If any provision of this Agreement is held to be invalid or unenforceable by
a court of competent jurisdiction, then such invalidity or unenforceability will not affect the validity and enforceability of the other provisions of this Agreement and the provision held to be invalid or unenforceable will be enforced as nearly as
possible according to its original terms and intent to eliminate such invalidity or unenforceability. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman"><B>h.
</B><B><U>Counterparts</U></B>. This Agreement may be executed in any number of counterparts, and all counterparts will collectively be deemed to constitute a single binding agreement. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman"><B>i. </B><U><B>Governing Law; Venue</B></U>. This Agreement will be governed by the laws of the State of Florida, without regard to its
conflicts of law principles. Employee consents to the jurisdiction of any state or federal court located within Miami-Dade County, State of Florida, agrees that such courts shall be the exclusive jurisdiction for any suit, action, or legal
proceeding arising directly or indirectly out of this Agreement, and consents that all service of process may be made by registered or certified mail directed to Employee at the address in Section&nbsp;13(f) of this Agreement. Employee waives any
objection which Employee may have based on lack of personal jurisdiction or improper venue or forum non conveniens to any suit or proceeding instituted by the Company under this Agreement in any state or federal court located within Miami-Dade
County, Florida and consents to the granting of such legal or equitable relief as is deemed appropriate by the court. This provision is a material inducement for the Company to enter into this Agreement with Employee. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman"><B>j. </B><B><U>Participation of Parties</U></B>. The parties acknowledge that this Agreement and all matters contemplated herein have been
negotiated between both of the parties and their respective legal counsel and that both parties have participated in the drafting and preparation of this Agreement from the commencement of negotiations at all times through execution. Therefore, the
parties agree that this Agreement will be interpreted and construed without reference to any rule requiring that this Agreement be interpreted or construed against the party causing it to be drafted. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman"><B>k. </B><B><U>Injunctive Relief</U></B>. It is possible that remedies at law may be inadequate and, therefore, the parties will be entitled
to equitable relief including, without limitation, injunctive relief, specific performance or other equitable remedies in addition to all other remedies provided hereunder or available to the parties hereto at law or in equity. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">12 </P>


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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman"><B>l. <U>Waiver of Jury Trial</U></B>. EACH OF THE COMPANY AND EMPLOYEE IRREVOCABLY WAIVES ALL
RIGHT TO TRIAL BY JURY IN ANY ACTION, PROCEEDING OR COUNTERCLAIM ARISING OUT OF OR RELATING TO THE PROVISIONS OF THIS AGREEMENT. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman"><B>m.
</B><B><U>Right to Setoff</U></B>. The Company will be entitled, in its discretion and in addition to any other remedies it may have in law or in equity, to set-off against any amounts payable to Employee under this Agreement or otherwise the amount
of any obligations of Employee to the Company under this Agreement that are not paid by Employee when due. In the event of any such setoff, the Company will promptly provide the Employee with a written explanation of such setoff, and an opportunity
to register a written protest thereof. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman"><B>n. </B><B><U>Litigation</U></B><B>:</B> <B><U>Prevailing Party</U></B>. In the event of any
litigation, administrative proceeding, arbitration, mediation or other proceeding with regard to this Agreement, the prevailing party will be entitled to receive from the non-prevailing party and the non-prevailing party will pay upon demand all
court costs and all reasonable fees and expenses of counsel and paralegals for the prevailing party. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman"><B>o. </B><B><U>Descriptive
Headings</U></B>. The descriptive headings herein are inserted for convenience only and are not intended to be part of or to affect the meaning or interpretation of this Agreement. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>[SIGNATURES APPEAR ON FOLLOWING PAGE] </B></P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">13 </P>


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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B>EXECUTED</B> as of the date set forth in the first paragraph of this Agreement. </P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><DIV ALIGN="right">
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<TD VALIGN="top" COLSPAN="3"><B>EMPLOYEE</B></TD></TR>
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<TD VALIGN="top" COLSPAN="3"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman">/s/ Alberto de Cardenas</P></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3">Alberto de Cardenas</TD></TR>
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<TD VALIGN="top" COLSPAN="3"><B>MASTEC, INC.</B></TD></TR>
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<TD HEIGHT="16" COLSPAN="2"></TD></TR>
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<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:8pt">&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman">/s/ Jose Mas</P></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:8pt">&nbsp;</FONT></TD>
<TD VALIGN="top">Jose Mas, Chief Executive Officer</TD></TR>
</TABLE></DIV>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">14 </P>


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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>EXHIBIT A </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">&#147;Change in Control&#148; shall mean: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD WIDTH="5%" VALIGN="top" ALIGN="left">(a)</TD>
<TD ALIGN="left" VALIGN="top"><U>Acquisition By Person of Substantial Percentage</U>. The acquisition by a Person (including &#147;affiliates&#148; and &#147;associates&#148; of such Person, but excluding the Company, and &#147;parent&#148; or
&#147;subsidiary&#148; of the Company, or any employee benefit plan of the Company) of a sufficient number of shares of the Common Stock, or securities convertible into the Common Stock, and whether through direct acquisition of shares or by merger,
consolidation, share exchange, reclassification of securities or recapitalization of or involving the Company or any &#147;parent&#148; or &#147;subsidiary&#148; of the Company, to constitute actual or beneficial owner of 51% or more of the Common
Stock; </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(b)</TD>
<TD ALIGN="left" VALIGN="top"><U>Disposition of Assets</U>. Any sale, lease, transfer, exchange, mortgage, pledge or other disposition, in one transaction or a series of transactions, of all or substantially all of the assets of the Company or of
any &#147;subsidiary&#148; of the Company to a Person described in subsection (a)&nbsp;above, but only if such transaction occurs without approval or ratification by a majority of the members of the Board; or </TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TR>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(c)</TD>
<TD ALIGN="left" VALIGN="top"><U>Substantial Change of Board Members</U>. During any fiscal year of the Company, individuals who at the beginning of such year constitute the Board cease for any reason to constitute at least a majority thereof,
unless the election of each director who was not a director at the beginning of such period has been approved in advance by a majority of the directors in office at the beginning of the fiscal year. </TD></TR></TABLE>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">For purposes of this Section, the terms &#147;affiliate,&#148; &#147;associate,&#148; &#147;parent&#148; and &#147;subsidiary&#148; shall have the respective
meanings ascribed to such terms in Rule 12b-2 under Section&nbsp;12 of the 1934 Act. </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right"><B>EXHIBIT 10.2 </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>FIRST AMENDMENT </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>TO THE
</B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>EMPLOYMENT AGREEMENT </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">This First Amendment to the Employment Agreement (the &#147;<U>Amendment</U>&#148;) is entered into on March&nbsp;31, 2014, by and between
<B>MASTEC, INC.</B>, a Florida corporation (the &#147;<U>Company</U>&#148;), and <B>JOSE R. MAS</B> (&#147;<U>Employee</U>&#148;). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman"><B>WHEREAS</B>, the Company and the Employee previously entered into an Employment Agreement, effective as of April&nbsp;18, 2007 (the
&#147;<U>Employment Agreement</U>&#148;); and </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman"><B>WHEREAS</B>, the Company and the Employee desire to amend the Employment Agreement as of
the date hereof in certain respects. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman"><B>NOW THEREFORE, </B>in consideration of the facts, mutual promises, and covenants contained herein
and intending to be legally bound hereby, the Company and Employee agree as follows: </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">1. Section&nbsp;4(d) of the Employment Agreement is
hereby amended and restated, in its entirety, to read as follows: </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:13%; font-size:10pt; font-family:Times New Roman">&#147;d. <B><U>Equity</U>. </B>Employee shall receive one hundred
thousand (100,000)&nbsp;shares of the Company&#146;s common stock (the &#147;Restricted Stock&#148;) vesting, based on continued service and compliance with Section&nbsp;8, 100% on the fifth anniversary of the Effective Date. So long as the Employee
is not terminated for Cause, as defined in <U>Section&nbsp;11c</U>, the Restricted Stock shall vest immediately upon termination of this Agreement. So long as the Employee is not terminated for Cause, as defined in <U>Section&nbsp;11c</U>, and has
not breached any of his obligations set forth in Sections&nbsp;6, 7 and 8 hereof, any restricted stock issuances or stock options grants Employee currently has or may have in the future shall continue to vest until they are fully vested and all
existing and future stock option grants will remain exercisable by Employee for the full term of the grant. The Restricted Stock will be subject to the terms and conditions of the Company&#146;s incentive plans, as they may be amended from time to
time in the Company&#146;s sole discretion.&#148; </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">2. Section&nbsp;11(f) of the Employment Agreement is hereby amended and restated, in
its entirety, to read as follows: </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:13%; font-size:10pt; font-family:Times New Roman">&#147;f. <B><U>Payments After Termination</U></B>. If this Agreement and Employee&#146;s employment
hereunder are terminated for the reasons set forth in Sections 11(a) or 11(b), then Employee or Employee&#146;s estate will receive an amount equal to the Base Salary and the pro rata portion of the Performance Bonus earned through the date of death
or disability to which Employee would have been entitled for the year in which the death or disability occurred in accordance with the terms of this Agreement, and all of Employee&#146;s Options and restricted stock shall immediately vest. If the
Company terminates this Agreement and Employee&#146;s employment hereunder for the reasons set forth in Section&nbsp;11(c)(i-vi), then (i)&nbsp;Employee will receive his Base Salary through the date of termination and (ii)&nbsp;Employee will forfeit
any entitlement that Employee may have to receive any Performance Bonus for the year in which Employees employment terminates. If this Agreement is terminated for the reason set forth in Section&nbsp;11(d)
</P>

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or Section&nbsp;11(e), then (i)&nbsp;Employee will receive his Base Salary, Average Performance Bonus (as defined below) and benefits set forth in Section&nbsp;4(b) hereof (collectively, the
&#147;Severance Benefits&#148;), over a period of twelve (12)&nbsp;months from the date of termination (the &#147;Severance Period&#148;). The Average Performance Bonus shall mean the average of the Performance Bonuses the Employee has received
during the last three complete calendar years for which Employee was an employee of the Company. The Severance Benefits shall be payable in accordance with the Company&#146;s payroll procedures and subject to applicable withholdings. Upon payment by
the Company of the amounts described in this Section&nbsp;11(f), Employee will not be entitled to receive any further compensation or benefits from the Company whatsoever.&#148; </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">3. Section&nbsp;12(p) of the Employment Agreement is hereby amended and restated, in its entirety, to read as follows: </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">&#147;p. <U><B>Compliance with Section&nbsp;409A:</B></U> </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:13%; font-size:10pt; font-family:Times New Roman"><B>(i) <U>General</U>. </B>It is the intention of both the Company and the Employee that the benefits and rights to which the Employee could
be entitled pursuant to this Agreement comply with Section&nbsp;409A of the Internal Revenue Code and the Treasury Regulations and other guidance promulgated or issued thereunder (&#147;<U>Section 409A</U>&#148;), to the extent that the requirements
of Section&nbsp;409A are applicable thereto, and the provisions of this Agreement shall be construed in a manner consistent with that intention. If the Employee or the Company believes, at any time, that any such benefit or right that is subject to
Section&nbsp;409A does not so comply, it shall promptly advise the other and shall negotiate reasonably and in good faith to amend the terms of such benefits and rights such that they comply with Section&nbsp;409A (with the most limited possible
economic effect on the Employee and on the Company). Notwithstanding the foregoing, the Company does not make any representation to the Employee that the payments or benefits provided under this Agreement are exempt from, or satisfy, the
requirements of Section&nbsp;409A, and the Company shall have no liability or other obligation to indemnify or hold harmless the Employee or any beneficiary of the Employee for any tax, additional tax, interest or penalties that the Employee or any
beneficiary of the Employee may incur in the event that any provision of this Agreement, or any amendment or modification thereof, or any other action taken with respect thereto, is deemed to violate any of the requirements of Section&nbsp;409A.
</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:13%; font-size:10pt; font-family:Times New Roman"><B>(ii) <U>Distributions on Account of Separation from Service</U></B>. If and to the extent required to comply with Section&nbsp;409A,
no payment or benefit required to be paid under this Agreement on account of termination of the Employee&#146;s employment shall be made unless and until the Employee incurs a &#147;separation from service&#148; within the meaning of
Section&nbsp;409A. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:13%; font-size:10pt; font-family:Times New Roman"><B>(iii) <U>6 Month Delay for Specified Employees</U>.</B> </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:17%; font-size:10pt; font-family:Times New Roman">(1) If the Employee is a &#147;specified employee&#148;, then no payment or benefit that is payable on account of the Employee&#146;s
&#147;separation from service&#148;, as that term is defined for purposes of Section&nbsp;409A, shall be made before the date that is six months after the Employee&#146;s &#147;separation from service&#148; (or, if earlier, the date of the
Employee&#146;s death) if and to the extent that such payment or benefit constitutes deferred compensation (or may be nonqualified deferred compensation) under Section&nbsp;409A and such deferral is required to comply with the requirements of
Section&nbsp;409A. Any payment delayed by reason of the prior sentence, </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">2 </P>


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and interest on any such delayed payment determined at the rate being paid by the Company on its senior credit facility determined as of the date of termination of the Employee&#146;s employment,
shall be paid in a single lump sum at the end of such required delay period in order to catch up to the original payment schedule, and any benefits delayed by reason of the prior sentence, shall be provided at the end of such required delay period.
</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:17%; font-size:10pt; font-family:Times New Roman">(2) For purposes of this provision, the Employee shall be considered to be a &#147;specified employee&#148; if, at the time of his or
her separation from service, the Employee is a &#147;key employee&#148;, within the meaning of Section&nbsp;416(i) of the Code, of the Company (or any person or entity with whom the Company would be considered a single employer under
Section&nbsp;414(b) or Section&nbsp;414(c) of the Code) any stock in which is publicly traded on an established securities market or otherwise. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:13%; font-size:10pt; font-family:Times New Roman"><B>(iv) <U>No Acceleration of Payments</U></B>. Neither the Company nor the Employee, individually or in combination, may accelerate any
payment or benefit that is subject to Section&nbsp;409A, except in compliance with Section&nbsp;409A and the provisions of this Agreement, and no amount that is subject to Section&nbsp;409A shall be paid prior to the earliest date on which it may be
paid without violating Section&nbsp;409A. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:13%; font-size:10pt; font-family:Times New Roman"><B>(v) <U>Treatment of Each Installment as a Separate Payment</U>.</B> For purposes of
applying the provisions of Section&nbsp;409A to this Agreement, each separately identified amount to which the Employee is entitled under this Agreement shall be treated as a separate payment. In addition, to the extent permissible under
Section&nbsp;409A, any series of installment payments under this Agreement shall be treated as a right to a series of separate payments. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:13%; font-size:10pt; font-family:Times New Roman"><B>(vi) <U>Taxable Reimbursements and In-Kind Benefits</U>.</B> </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:17%; font-size:10pt; font-family:Times New Roman">(1) Any reimbursements by the Company to the Employee of any eligible expenses under this Agreement that are not excludable from the
Employee&#146;s income for Federal income tax purposes (the &#147;Taxable Reimbursements&#148;) shall be made by no later than the earlier of the date on which they would be paid under the Company&#146;s normal policies and the last day of the
taxable year of the Employee following the year in which the expense was incurred. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:17%; font-size:10pt; font-family:Times New Roman">(2) The amount of any Taxable Reimbursements, and the
value of any in-kind benefits to be provided to the Employee, during any taxable year of the Employee shall not affect the expenses eligible for reimbursement, or in-kind benefits to be provided, in any other taxable year of the Employee. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:17%; font-size:10pt; font-family:Times New Roman">(3) The right to any Taxable Reimbursement, or in-kind benefits, shall not be subject to liquidation or exchange for another benefit. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:13%; font-size:10pt; font-family:Times New Roman"><B>(vii) <U>Tax Gross-Ups</U>. </B>Notwithstanding any provision of this Agreement to the contrary, payment of any tax reimbursements under
this Agreement must be made by no later than the end of the taxable year of the Employee following the taxable year of the Employee in which the Employee remits the related taxes and the payment of any tax reimbursements under this Agreement shall
be based on Employee&#146;s actual marginal tax rate of the Federal, state, local, or foreign taxes imposed upon Employee as a result of compensation paid or made available to Employee, including the additional taxes imposed upon Employee due to the
Company&#146;s payment of the initial taxes on such compensation.&#148; </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">3 </P>


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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">4. Except as amended herein, all other provisions of the Employment Agreement remain unchanged
and in full force and effect. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>[SIGNATURES APPEAR ON FOLLOWING PAGE] </B></P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">4 </P>


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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B>EXECUTED</B> as of the date set forth in the first paragraph of this Amendment. </P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><DIV ALIGN="right">
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<TD VALIGN="top" COLSPAN="3"><B>EMPLOYEE</B></TD></TR>
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<TD VALIGN="top" COLSPAN="3"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman">/s/ Jose R. Mas</P></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3">Jose R. Mas</TD></TR>
<TR>
<TD HEIGHT="16" COLSPAN="3"></TD></TR>
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<TD VALIGN="top" COLSPAN="3"><B>MASTEC, INC.</B></TD></TR>
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<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
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<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:8pt">&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman">/s/ George Pita</P></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:8pt">&nbsp;</FONT></TD>
<TD VALIGN="top">George Pita, Chief Financial Officer</TD></TR>
</TABLE></DIV>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">5 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right"><B>EXHIBIT 10.3 </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>FIRST AMENDMENT </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>TO THE
</B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>EMPLOYMENT AGREEMENT </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">This First Amendment to the Employment Agreement (the &#147;<U>Amendment</U>&#148;) is entered into on March&nbsp;31, 2014 (the
&#147;<U>Effective Date</U>&#148;), by and between <B>MASTEC, INC.</B>, a Florida corporation (the &#147;<U>Company</U>&#148;), and <B>GEORGE PITA</B> (&#147;<U>Employee</U>&#148;). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B>WHEREAS</B>, the Company and the Employee previously entered into an Employment Agreement, effective as of January&nbsp;22, 2014 (the
&#147;<U>Employment Agreement</U>&#148;); and </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B>WHEREAS</B>, the Company and the Employee desire to amend the Employment Agreement as of
the date hereof in certain respects. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B>NOW THEREFORE, </B>in consideration of the facts, mutual promises, and covenants contained herein
and intending to be legally bound hereby, the Company and Employee agree as follows: </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">1. A new Section&nbsp;11(i) of the Employment
Agreement is hereby added to read as follows: </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:13%; font-size:10pt; font-family:Times New Roman">&#147;<B>i. <U>Potential Section&nbsp;280G Reductions</U></B><B><I>.</I></B> </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:17%; font-size:10pt; font-family:Times New Roman">(i)&nbsp;Anything in this Agreement to the contrary notwithstanding, in the event that it shall be determined that any payment, distribution,
or other action by the Company to or for the benefit of the Employee, whether paid or payable or distributed or distributable pursuant to the terms of this Agreement or otherwise (a &#147;Payment&#148;), would result in an &#147;excess parachute
payment&#148; within the meaning of Section&nbsp;280G(b)(i) of the Internal Revenue Code of 1986, as amended (the &#147;Code&#148;), and the value determined in accordance with Section&nbsp;280G(d)(4) of the Code of the Payments, net of all taxes
imposed on the Employee (the &#147;Net After-Tax Amount&#148;) that the Employee would receive would be increased if the Payments were reduced, then the Payments shall be reduced by an amount (the &#147;Reduction Amount&#148;) so that the Net
After-Tax Amount after such reduction is greatest.&nbsp;For purposes of determining the Net After-Tax Amount, the Employee shall be deemed to (i)&nbsp;pay federal income taxes at the highest marginal rates of federal income taxation for the calendar
year in which the Payment is to be made, and (ii)&nbsp;pay applicable state and local income taxes at the highest marginal rate of taxation for the calendar year in which the Payment is to be made, net of the maximum reduction in federal income
taxes which could be obtained from deduction of such state and local taxes. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:17%; font-size:10pt; font-family:Times New Roman">(ii)&nbsp;Subject to the provisions of this
Section&nbsp;11(i), all determinations required to be made under this Section&nbsp;11(i), including the Net After-Tax Amount, the Reduction Amount and the Payments that are to be reduced pursuant to Section&nbsp;11(i)(i) and the assumptions to be
utilized in arriving at such determinations, shall be made by a nationally accredited accounting firm chosen by the Company in its sole discretion (the &#147;Accounting Firm&#148;), which shall promptly provide detailed supporting calculations both
to the Company and the Employee upon request by the Company.&nbsp;The Accounting Firm&#146;s decision </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">as to which Payments are to be reduced shall be made (i)&nbsp;only from Payments that the Accounting Firm
determines reasonably may be characterized as &#147;parachute payments&#148; under Section&nbsp;280G of the Code; (ii)&nbsp;only from Payments that are required to be made in cash, (iii)&nbsp;only with respect to any amounts that are not payable
pursuant to a &#147;nonqualified deferred compensation plan&#148; subject to Section&nbsp;409A of the Code, until those payments have been reduced to zero, and (iv)&nbsp;in reverse chronological order, to the extent that any Payments subject to
reduction are made over time (e.g., in installments).&nbsp;In no event, however, shall any Payments be reduced if and to the extent such reduction would cause a violation of Section&nbsp;409A of the Code or other applicable law.&nbsp;All fees and
expenses of the Accounting Firm shall be borne solely by the Company.&nbsp;Any determination by the Accounting Firm shall be binding upon the Company and the Employee.&#148; </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">2. Except as amended herein, all other provisions of the Employment Agreement remain unchanged and in full force and effect. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>[SIGNATURES APPEAR ON FOLLOWING PAGE] </B></P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">2 </P>


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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B>EXECUTED</B> as of the date set forth in the first paragraph of this Amendment. </P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><DIV ALIGN="right">
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<TD VALIGN="top" COLSPAN="3"><B>EMPLOYEE</B></TD></TR>
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<TD VALIGN="top" COLSPAN="3"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman">/s/ George Pita</P></TD></TR>
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<TD VALIGN="top" COLSPAN="3">George Pita</TD></TR>
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<TD VALIGN="top" COLSPAN="3"><B>MASTEC, INC.</B></TD></TR>
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<TD HEIGHT="16" COLSPAN="2"></TD></TR>
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<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:8pt">&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman">/s/ Jose Mas</P></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:8pt">&nbsp;</FONT></TD>
<TD VALIGN="top">Jose Mas, Chief Executive Officer</TD></TR>
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 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">3 </P>

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<TYPE>EX-10.4
<SEQUENCE>5
<FILENAME>d706956dex104.htm
<DESCRIPTION>EX-10.4
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right"><B>EXHIBIT 10.4 </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>FIRST AMENDMENT </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>TO THE
</B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>EMPLOYMENT AGREEMENT </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">This First Amendment to the Employment Agreement (the &#147;<U>Amendment</U>&#148;) is entered into on March&nbsp;31, 2014, by and between
<B>MASTEC, INC.</B>, a Florida corporation (the &#147;<U>Company</U>&#148;), and <B>ROBERT APPLE</B> (&#147;<U>Employee</U>&#148;). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman"><B>WHEREAS</B>, the Company and the Employee previously entered into an Employment Agreement, effective as of January&nbsp;1, 2010 (the
&#147;<U>Employment Agreement</U>&#148;); and </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman"><B>WHEREAS</B>, the Company and the Employee desire to amend the Employment Agreement as of
the date hereof in certain respects. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman"><B>NOW THEREFORE, </B>in consideration of the facts, mutual promises, and covenants contained herein
and intending to be legally bound hereby, the Company and Employee agree as follows: </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">1. Section&nbsp;4(f) of the Employment Agreement is
hereby amended and restated, in its entirety, to read as follows: </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:13%; font-size:10pt; font-family:Times New Roman">&#147;f. <B><U>Equity</U>.</B> As of the Effective Date, Employee
shall receive 37,500 shares of the Company&#146;s common stock (the &#147;Restricted Stock&#148;), which shall vest 100% on the third anniversary of the Effective Date (the &#147;Vesting Date&#148;). So long as the Employee is not terminated for
Cause (as defined in Section&nbsp;11(c) hereof) and has not breached any of his obligations set forth in Sections 6, 7 and 8 hereof, the Restricted Stock and any other restricted stock issuances or stock options grants Employee may have during the
Term shall continue to vest until they are fully vested and all existing and future stock option grants will remain exercisable by Employee for the full term of the grant. The Restricted Stock will be subject to the terms and conditions of the
Company&#146;s incentive plans, as in effect and as may be amended from time to time in the Company&#146;s sole discretion.&#148; </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">2.
Section&nbsp;12(g) of the Employment Agreement is hereby amended and restated, in its entirety, to read as follows: </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:13%; font-size:10pt; font-family:Times New Roman">&#147;g. <B><U>Tax
Gross-Ups</U></B>. Notwithstanding any provision of this Agreement to the contrary, payment of any tax reimbursements under this Agreement must be made by no later than the end of the taxable year of the Employee following the taxable year of the
Employee in which the Employee remits the related taxes and the payment of any tax reimbursements under this Agreement shall be based on Employee&#146;s actual marginal tax rate of the Federal, state, local, or foreign taxes imposed upon Employee as
a result of compensation paid or made available to Employee, including the additional taxes imposed upon Employee due to the Company&#146;s payment of the initial taxes on such compensation.&#148; </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">3. Except as amended herein, all other provisions of the Employment Agreement remain unchanged and in full force and effect. </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>[SIGNATURES APPEAR ON FOLLOWING PAGE] </B></P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">2 </P>


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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B>EXECUTED</B> as of the date set forth in the first paragraph of this Amendment. </P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><DIV ALIGN="right">
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<TD VALIGN="top" COLSPAN="3"><B>EMPLOYEE</B></TD></TR>
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<TD VALIGN="top" COLSPAN="3"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman">/s/ Robert Apple</P></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3">Robert Apple</TD></TR>
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<TD HEIGHT="16" COLSPAN="3"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3"><B>MASTEC, INC.</B></TD></TR>
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<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:8pt">&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman">/s/ Jose Mas</P></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:8pt">&nbsp;</FONT></TD>
<TD VALIGN="bottom">Jose Mas, Chief Executive Officer</TD></TR>
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 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">3 </P>

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