EXHIBIT 10.58 1
CORPORATE EXECUTIVE EMPLOYMENT AGREEMENT
THIS CORPORATE EXECUTIVE EMPLOYMENT AGREEMENT ("Agreement") is made as of November
1, 2000 by and between HENRIK C. SLIPSAGER ("Executive"), and ABM INDUSTRIES
INCORPORATED ("Company") for itself and on behalf of its subsidiary corporations as applicable herein.
WHEREAS, Company is engaged in the building maintenance and related service businesses, and
WHEREAS, Executive is experienced in the administration, finance, marketing, and operation of such services,
WHEREAS, Company has invested significant time and money to develop proprietary trade secrets and other
confidential business information, as well as invaluable goodwill among its customers, sales prospects and
WHEREAS, Executive wishes to, or has been and desires to remain employed by Company, and to utilize such
proprietary trade secrets, other confidential business information and goodwill, and
WHEREAS, Company has disclosed or will disclose to Executive such proprietary trade secrets and other
confidential business information which Executive will utilize in the performance of this Agreement;
NOW THEREFORE, Executive and Company agree as follows:
A. EMPLOYMENT: Company hereby agrees to employ Executive, and Executive hereby accepts such
employment, on the terms and conditions set forth in this Agreement.
B. TITLE: Executive's title shall be President & Chief Executive Officer of Company.
C. DUTIES & RESPONSIBILITIES: Executive shall be expected to assume and perform such executive or
managerial duties and responsibilities as are assigned from time-to-time by the Board of Directors of Company,
to whom Executive shall report and be accountable.
D. TERM OF AGREEMENT: Employment hereunder shall commence on November 1, 2000 for a term of
three (3) years ("Initial Term"), unless sooner terminated pursuant to Paragraph O hereof, or later extended
pursuant to Paragraph N hereof ("Extended Term").
E. PRINCIPAL OFFICE: During the Initial Term and any E