SEVERANCE PLAN AGREEMENT
EXHIBIT 10.2
WHEREAS, the European Wax Center, Inc. (the “Company”) has adopted the European Wax Center, Inc. Change in Control and Severance Plan, effective February 22, 2023 (the “Severance Plan”), pursuant to which Xxxxxx Xxxxxxxxx (the “Executive”) is entitled to certain severance payments and benefits upon termination of the Executive’s employment by the Company without Cause or by the Executive for Good Reason, as set forth in the Severance Plan and as such terms are defined in the Severance Plan; and
WHEREAS, in consideration of the Executive commencing her employment with the Company on the condition set forth herein and in further consideration of the severance payments and benefits provided pursuant to the terms of the Severance Plan.
NOW, THEREFORE, in consideration of other good and valuable consideration the receipt and sufficiency of which is xxxxxx acknowledged, the Executive and Company agree as follows:
1
IN WITNESS HEREOF, the Executive has executed this Waiver as of the date written below.
EXECUTIVE
/s/ Xxxxxx Xxxxxxxxx
Xxxxxx Xxxxxxxxx
Date: 05/30/2023
By:_______________________
Title:_____________________
Date:_____________________
(Signature Page to Severance Waiver)