Interim Chief Financial Officer Letter Agreement between Noodles & Company and Susan Daggett

Contract Categories: Human Resources › Bonus & Incentive Agreements
Summary

Noodles & Company has appointed Susan Daggett as its interim Chief Financial Officer. While serving in this role, Ms. Daggett will receive a nondiscretionary bonus of $8,333 per month, in addition to her existing base salary. The agreement outlines the compensation terms for her interim position and requires her acknowledgment and acceptance by signature. The arrangement remains in effect for the duration of her service as interim CFO.

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EX-10.2 3 ex102interimchieffinancial.htm EXHIBIT 10.2 INTERIM CFO LETTER AGREEMENT Exhibit
Exhibit 10.2


June 13, 2017

Susan Daggett
Noodles & Company
520 Zang Street, Suite D
Broomfield, CO 80021
Dear Sue:
We are excited to have you serve as the interim Chief Financial Officer of Noodles & Company (the “Company”). In recognition of this new position, the Company will pay to you a nondiscretionary bonus payment of $8,333 per month, payable monthly, while you serve as interim CFO. This nondiscretionary bonus is in addition to the base salary you currently receive from the Company, which will remain unchanged.
We are very pleased to have you in a leadership role during this exciting time for the Company. Please confirm your agreement to the terms specified in this letter by signing below.
Sincerely,

/s/ Dave Boennighausen
Dave Boennighausen
Chief Executive Officer

AGREED AND ACKNOWLEDGED:

/s/ Susan Daggett
Susan Daggett

520 Zang Street, Suite D Broomfield, Colorado 80021 ###-###-####