AMENDMENT NO. 3
This AMENDMENT NO. 3 TO EMPLOYMENT AGREEMENT (Amendment) is made and entered into, effective as of June 14, 2010 (the Effective Date), by and between Robert McCormick (Executive) and Douglas Dynamics, Inc., a Delaware corporation (the Company).
WHEREAS, Executive and the Company are parties to that certain Employment Agreement dated as of September 7, 2004 (as amended, the Employment Agreement); and
WHEREAS, the Company and Executive wish to amend the Employment Agreement as provided for herein, effective as of the Effective Date.
NOW, THEREFORE, in consideration of the foregoing, the Employment Agreement is amended as follows, effective as of the Effective Date: