Amendment to Executive Employment Agreement between Keith Kinsey and Noodles & Company
This amendment, dated January 6, 2010, is between Keith Kinsey and Noodles & Company. It modifies their original Executive Employment Agreement from June 25, 2007, to correct certain errors. The changes include adjusting a percentage in Section 2.b. from 100% to 75% and updating references in Sections 6.c.ii.A and 6.c.ii.B. from "President and Chief Executive Officer" to "Chief Financial Officer and Chief Operating Officer." All other terms of the original agreement remain unchanged.
Exhibit 10.7
AMENDMENT TO
EXECUTIVE EMPLOYMENT AGREEMENT
This amendment is dated January 6, 2010 and is between Keith Kinsey (Executive) and Noodles & Company (Company). The Executive and the Company are parties to an Executive Employment Agreement dated June 25, 2007 (the Employment Agreement). The Executive and the Company desire to amend the Employment Agreement to correct scriveners errors.
AMENDMENT
Executive and the Company agree that the Employment Agreement shall be amended as follows:
1. Section 2.b. shall be amended to delete 100% and substitute therefore 75%.
2. Section 6.c.ii.A. shall be amended to delete the words President and Chief Executive Officer and substitute therefor the words Chief Financial Officer and Chief Operating Officer.
3. Section 6.c.ii.B. shall be amended to delete the words President and Chief Executive Officer and to substitute therefor the words Chief Financial Officer and Chief Operating Officer.
The Employment Agreement shall remain in full force and effect in accordance with its terms, as so amended.
| Executive: | |
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| /s/ Keith Kinsey | |
| Keith Kinsey | |
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| Company: | |
| NOODLES & COMPANY | |
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| By: | /s/ Kevin Reddy |
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| Kevin Reddy |
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| President and Chief Executive Officer |