THIS AGREEMENT is made and entered into by and between Celadon Group, Inc., a corporation with its
principal place of business located at 9503 East 33rd Street, Indianapolis, Indiana 46236 ("Corporation") and
Don S. Snyder, an individual currently residing in Forth Worth, Texas ("Employee").
1. EMPLOYMENT. The Corporation hereby employs Employee, and Employee hereby accepts employment
with the Corporation, as Corporation's Executive Vice President and Chief Financial Officer upon the terms and
conditions set forth below.
2. DUTY. During the period of employment hereunder, Employee agrees to devote his fulltime, attention, skill
and efforts to the performance of his duties as the Executive Vice President and Chief Financial Officer of the
Corporation. Employee's specific duties shall include all activities commensurate with and typical of an executive
vice president and chief financial officer of a public corporation including, but not limited to, the specific duties set
(a) Management, supervision and oversight of the preparation of all financial information of the Corporation,
including its subsidiaries and corporate affiliates.
(b) Participation in all policy making committees to which President and Chairman assigns Employee.
(c) Communication with financial institutions, accounting firms and governmental agencies regarding financial
matters relevant to the Corporation, its subsidiaries and corporate affiliates.
In addition to such specific duties, Employee shall perform such other work as may be assigned to him by the
President and Chairman. Nothing contained herein shall prohibit the Corporation from reassigning Employee to
other duties consistent with his knowledge, skill and management ability as determined by the President and
3. TERM AND TERMINATION. The term of employment shall be from the date of execution of this
Agreement for a period of two years or until terminated in accordance with the provisions set forth he