Second Extension of Employment Agreement between Carrols Corporation and Daniel T. Accordino
Carrols Corporation and Daniel T. Accordino have agreed to extend Mr. Accordino's employment agreement, originally dated January 1, 1995, and previously amended several times. This extension, effective September 30, 2004, continues Mr. Accordino's employment through December 31, 2005, under the same terms and conditions as the prior agreement. The extension has been approved by the company's Compensation Committee and is formalized by both parties' signatures.
Exhibit 10.32
2ND EXTENSION OF EMPLOYMENT AGREEMENT
This Extension of Employment Agreement (this Agreement) effective as of September 30, 2004, by and between CARROLS CORPORATION (Employer), a corporation organized under the laws of Delaware having an address at 968 James Street, Syracuse, New York 13203 and DANIEL T. ACCORDINO whose principal residence is 6556 Ridgewood Drive, Naples, Florida 34108 (Employee).
1. | Employer and Employee previously entered into a certain employment agreement dated January 1, 1995, as amended April 3, 1996, as further amended and restated on March 27, 1997 and as further amended and extended on April 1, 2002 (the Employment Agreement), which agreement expired on September 30, 2004. |
2. | Employer and Employee have agreed to extend the term of the Employment Agreement to December 31, 2005. |
3. | The Carrols Corporation Compensation Committee has approved the extension of the Employment Agreement as herein provided. |
4. | By this Agreement, the Employment Agreement is extended, effective as of September 30, 2004, through December 31, 2005, upon all terms and conditions set forth in the Employment Agreement. |
IN WITNESSETH WHEREOF, the parties hereto have executed and have caused this Extension of Employment Agreement to be executed on November 1, 2004.
CARROLS CORPORATION | ||
/s/ Joseph A. Zirkman | ||
Name: | Joseph A. Zirkman | |
Title: | Vice President | |
/s/ Daniel T. Accordino | ||
Daniel T. Accordino |