Item 5.02 Departure or Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

On May 26, 2009, Orion Marine Group, Inc. (the "Company"), extended its existing employment agreements with Mark R. Stauffer, Executive Vice President and Chief Financial Officer, Elliott J. Kennedy, Executive Vice President, and James L. Rose, Executive Vice President, but effective as of May 17, 2009, in conjunction with the Company's general assessment of interim extensions of employment agreements with certain executives and senior managers. The term of the employment agreements was extended for a period of ninety (90) days from May 17, 2009, with the extended term expiring on August 14, 2009. All terms and conditions of the existing employment agreements remain in full force and effect.

The Company's Board of Directors approved these interim extensions in order to provide additional time for the Compensation Committee and Company Management's assessment of the renewal and terms and conditions of such and other executive and senior manager employment agreements, which assessment is ongoing and will be completed over the next ninety (90) days.