Attached files
file | filename |
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10-Q - FORM 10-Q - UFood Restaurant Group, Inc. | c08267e10vq.htm |
EX-32.1 - EXHIBIT 32.1 - UFood Restaurant Group, Inc. | c08267exv32w1.htm |
EX-10.4 - EXHIBIT NO. 10.4 - UFood Restaurant Group, Inc. | c08267exv10w4.htm |
EX-31.1 - EXHIBIT 31.1 - UFood Restaurant Group, Inc. | c08267exv31w1.htm |
EX-10.6 - EXHIBIT NO. 10.6 - UFood Restaurant Group, Inc. | c08267exv10w6.htm |
EX-31.2 - EXHIBIT 31.2 - UFood Restaurant Group, Inc. | c08267exv31w2.htm |
EX-32.2 - EXHIBIT 32.2 - UFood Restaurant Group, Inc. | c08267exv32w2.htm |
EXHIBIT NO. 10.5
FIRST AMENDMENT TO
EMPLOYMENT AGREEMENT OF CHARLES COCOTAS
DATED JANUARY 22, 2008
EMPLOYMENT AGREEMENT OF CHARLES COCOTAS
DATED JANUARY 22, 2008
This First Amendment (this Amendment) to the Employment Agreement of Charles
Cocotas, dated as of January 22, 2008 (the Employment Agreement), is made as of June
_____,
2010, pursuant to Section 13 of the Employment Agreement, by and between Charles Cocotas (the
Executive) and UFood Restaurant Group, Inc., a Nevada corporation (the
Company).
WHEREAS, the Company and the Executive desire to amend the Employment Agreement, as further
set forth herein, in order to extend the term of the Employment Agreement.
NOW, THEREFORE, in consideration of the mutual promises and conditions set forth herein, and
for other good and valuable consideration, the receipt of and sufficiency of which are hereby
acknowledged, the undersigned agree as follows:
1. Section 1 of the Employment Agreement is hereby deleted in its entirety and replaced with
the following:
Employment Period. The term of the Executives employment by the Company
pursuant to this Agreement (the Employment Period) shall commence on
January 22, 2008 and shall continue for a period of five (5) years. Thereafter,
the Employment Period shall automatically renew for successive periods of one (1)
year, unless either party shall have given to the other at least one hundred and
eighty (180) days prior written notice of their intention not to renew the
Executives employment prior to the end of the Employment Period or the then
applicable renewal term, as the case may be. In any event, the Employment Period
may be terminated as provided herein.
2. In connection with the execution of this Amendment, the Company shall grant to the
Executive non-qualified options to purchase 1,205,673 shares of the Companys common stock at an
exercise price of $___ per share. One-half of the options shall vest upon the date of grant, and
the other half of the options shall vest in equal amounts on the first day of each month for
thirty-six months following the date of grant.
3. All other terms and conditions of the Employment Agreement shall remain unmodified and in
full force and effect.
[Signature Page Follows]
IN WITNESS WHEREOF, the parties have executed this First Amendment to Executive Employment
Agreement of Charles Cocotas, dated as of January 22, 2008, as of the date and year set forth
above.
UFOOD RESTAURANT GROUP, INC. |
||||
By: | ||||
Name: | ||||
Title: | ||||
Charles Cocotas |