AGREEMENT, made this 20th day of April, 2000, by and between Yellow Corporation, a Delaware
corporation ("Yellow"), and Herbert A. Trucksess, III (the "Executive").
WHEREAS, the Board of Directors of Yellow has approved the employment of the Executive on the terms and
conditions set forth in this Agreement; and
WHEREAS, the Executive is willing, for the consideration provided, to enter into employment with Yellow on the
terms and conditions set forth in this Agreement;
NOW, THEREFORE, the parties, intending to be legally bound, agree as follows:
1. Employment. Yellow hereby agrees to employ the Executive, and the Executive hereby accepts such
employment, upon the terms and conditions set forth in this Agreement.
2. Term. The term of this Agreement shall be for two (2) years from the date hereof (the "Effective Date"), with
said term renewing daily, and ending on the date of termination of the Executive's employment determined
pursuant to Section 5, 6, 7, 9 or 10, whichever shall be applicable.
3. Position and Duties. The Executive shall serve as President, Regional Carrier Group, and shall have such
responsibilities and authority as commensurate with such offices and as may from time to time be prescribed by
or pursuant to Yellow's bylaws. The Executive shall devote
substantially all of his working time and efforts to the business and affairs of Yellow.
4. Compensation. During the period of the Executive's employment, Yellow shall provide the Executive with the
following compensation and other benefits:
(a) Base Salary. Yellow shall pay to the Executive base salary at the rate of $350,000 per annum, retroactive to
February 1, 2000, which shall be payable in accordance with the standard payroll practices of Yellow. Such
base salary rate shall be reviewed annually in accordance with Yellow's normal policies beginning in calendar year
2001; provided, however, that at no time during the term of this Agreement shall the Executive's b