AMENDMENT NO.6 TO EMPLOYMENT AGREEMENT

 

This Amendment No. 6 ("Amendment") to the Employment Agreement, dated April 20, 2011, between Luby's, Inc., a Delaware corporation ("Company"), and Christopher J. Pappas, a resident of Houston, Texas ("Executive") is executed as of April 20, 2011, (the "Effective Date").  For purposes of this Amendment, "Luby's" or the "Company" shall include the subsidiaries of Company.

 

 

WHEREAS, the parties entered into the following agreements:

(1) Employment Agreement, dated November 9, 2005

(2) Amendment No. 1 to Employment Agreement, dated October 29, 2007

(3) Amendment No. 2 to Employment Agreement, dated November 19, 2008

(4) Amendment No. 3 to Employment Agreement, dated November 19, 2009

(5) Amendment No. 4 to Employment Agreement, dated April 15, 2010

(6) Amendment No. 5 to Employment Agreement, dated September 2, 2010

(Collectively referred to as “Agreements”);

WHEREAS, the parties desire to modify said Agreements as hereinafter set forth; and

 

NOW, THEREFORE, for and in consideration of the mutual promises, covenants and obligations contained herein, said Agreements shall be modified as follows, as of the effective date:

 

1.           Section 3 of the Agreements is hereby amended and restated as follows:

“3.           Term.  Subject to the provisions for termination of employment as provided in Section 8(a), Executive's employment under this Agreement shall be for a period beginning on the Effective Date and ending on August 29, 2012 ("Term").”

 

 

IN WITNESS WHEREOF, the Parties have executed this Amendment effective as of the Effective Date.

 

LUBY’S, INC.			CHRISTOPHER J. PAPPAS
By:	/s/ Gasper Mir, III		/s/ Christopher J. Pappas
Name:	GASPER MIR, III
Title:	CHAIRMAN OF THE BOARD