Item 1.01. Entry into a Material Definitive Agreement.
On March 31, 2009, Quanta Services, Inc. ("Quanta") entered into a Joinder
Agreement and Fourth Amendment to Underwriting, Continuing Indemnity and
Security Agreement (the "Joinder Agreement"), among Liberty Mutual Insurance
Company, Liberty Mutual Fire Insurance Company and Safeco Insurance Company of
America (collectively, the "New Co-Sureties"), American Home Assurance Company,
National Union Fire Insurance Company of Pittsburgh, Pa., and The Insurance
Company of the State of Pennsylvania (collectively, "AIG"), Federal Insurance
Company ("Federal"), and the other parties designated therein as Indemnitors.
Pursuant to the Joinder Agreement, the New Co-Sureties have been added as
co-sureties to the Underwriting, Continuing Indemnity and Security Agreement
dated March 14, 2005 among Quanta and the subsidiaries and affiliates of Quanta
identified therein, AIG and Federal (the "Underwriting Agreement"), as amended
by the Joinder Agreement and Amendment to Underwriting, Continuing Indemnity and
Security Agreement dated November 28, 2006 (the "First Amendment"), by the
Second Amendment to the Underwriting, Continuing Indemnity and Security
Agreement dated January 9, 2008 (the Second Amendment") and by the Joinder and
Third Amendment to Underwriting, Continuing Indemnity and Security Agreement
dated December 19, 2008. The foregoing summary of some of the terms of the
Joinder Agreement is qualified in its entirety by reference to the complete text
thereof, a copy of which is filed as an exhibit to this report and is
incorporated herein by reference. The Underwriting Agreement was previously
filed as Exhibit 10.1 to the Company's Form 8-K filed on March 16, 2005. The
First Amendment was previously filed as Exhibit 99.1 to the Company's Form 8-K
filed on December 4, 2006. The Second Amendment was previously filed as
Exhibit 10.34 to the Company's Form 10-K filed on February 29, 2008.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
Exhibit No. Exhibit
99.1 Joinder Agreement and Fourth Amendment to Underwriting, Continuing
Indemnity and Security Agreement, dated as of March 31, 2009, among
American Home Assurance Company, National Union Fire Insurance Company of
Pittsburgh, Pa., The Insurance Company of the State of Pennsylvania,
Liberty Mutual Insurance Company, Liberty Mutual Fire Insurance Company,
Safeco Insurance Company of America, Federal Insurance Company, Quanta
Services, Inc., and the other Indemnitors identified therein.
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