SECOND ADDENDUM TO
AMENDED AND RESTATED EMPLOYMENT AGREEMENT
THIS SECOND ADDENDUM to the Amended and Restated Employment Agreement (the Agreement) that was effective as of January 1, 2008, as amended on February 25, 2010, among David A. Brandon (the Executive) and Dominos Pizza, Inc. (the Company), Dominos, Inc. (DI) and Dominos Pizza LLC (DPLLC and together with DI, the Principal Subsidiaries) is executed among the Company, the Principal Subsidiaries and the Executive, and is effective as of December 29, 2018 (the Addendum).
WHEREAS, the parties desire to amend certain obligations contained in the Employment Agreement as set forth herein;
NOW THEREFORE, in consideration of the premises and mutual agreements set forth herein, and in the Agreement, the parties hereto agree as follows.
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The defined terms set forth in the Agreement and Recitals above are incorporated by reference in the Addendum.
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A new Sub-Section 4.5.3 is added to the Agreement after Sub-Section 4.5.2 and shall read as follows:
Notwithstanding Section 4.5.2 above, effective June 15, 2018, the Companys obligation to provide the Health Benefit shall terminate and the Company shall instead provide to the Executive during his lifetime and to the Executives spouse during her lifetime an annual payment in an amount to be determined by the Company and based on the methodology described in Appendix A (each such annual payment, a Payment). For the avoidance of doubt, the Executives spouse will be entitled to receive a Payment only for so long as she is married to the Executive; provided, however, in the event that the Executive predeceases his spouse while they are married to each other, his spouse shall continue to receive a Payment for the remainder of her life. Each Payment shall be made in accordance with Appendix A. On a basis no less frequently than annually, the Company shall fund the Trust in an amount as is sufficient, in the Companys discretion, to make the Payment contemplated by this Section 4.5.3 for the year following the year in which the Company makes such contribution to the trust. In the event that Executive or his spouse becomes eligible for health care coverage through another employer, the Payment for the Executive or his spouse, or both, as the case may be, shall cease until such time as the Executive or his