AMENDMENT NO. 1 TO AIRCRAFT LEASE AGREEMENT

EXHIBIT 10.11

AMENDMENT NO. 1 TO AIRCRAFT LEASE AGREEMENT

This AMENDMENT NO. 1 TO AIRCRAFT LEASE AGREEMENT (“Amendment No. 1”) dated as of June 24, 2010, is by and between Wendy’s/Arby’s Group, Inc., a Delaware corporation with its principal place of business at 0000 Xxxxxxxxx Xxxxxx Xxxx, Xxxxxxx, Xxxxxxx 00000 (“Lessor”) and TASCO, LLC, a Delaware limited liability company with its principal place of business at 000 Xxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx 00000-0000 (“Lessee”).

WHEREAS, Lessor and Lessee entered into that certain Aircraft Lease Agreement (the “Lease”) dated as June 10, 2009 for the lease of a Gulfstream Aerospace G-IVSP aircraft bearing U.S. Registration Number N394TR and manufacturer’s serial number 1252 and the two (2) Rolls Royce model Tay 611-8 engines installed thereon, bearing manufacturer’s serial numbers 16623 and 16624, respectively, and all parts, instruments, avionics, attachments and appurtenances installed thereon or attached thereto (the “Aircraft”);

WHEREAS, the Lease for the Aircraft currently expires on June 30, 2010;

WHEREAS, Lessor and Lessee wish to renew the Lease for an additional one-year period.

NOW, THEREFORE, in consideration of the mutual agreements herein contained and other valuable consideration the receipt and sufficiency of which is hereby acknowledged, the parties hereby agree as follows:

Section 1:                      AMENDMENT TO LEASE

1.1 Extension of Term.  Lessor and Lessee agree to amend Section 2.1 of the Lease by deleting “June 30, 2010” and inserting in lieu thereof “June 30, 2011”.

Section 2:                      REPRESENTATION AND WARRANTY OF LESSEE

2.1           No Defaults.  Lessee hereby represents and warrants that as of the date hereof no default by Lessee has occurred or is continuing under the Lease.

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Section 3:                      EFFECTIVENESS OF LEASE

3.1           Continuing Effect.  Except as otherwise expressly amended by this Amendment No. 1, all other terms and conditions of the Lease shall remain in full force and effect as the legal, valid and binding rights and obligations of Lessor and Lessee.

IN WITNESS WHEREOF, the parties hereto have caused this Amendment No. 1 to be duly executed by their duly authorized officers as of the day and year first above written.

WENDY’S/ARBY’S GROUP, INC.                                                                                     TASCO, LLC

By: /s/ Xxxx X. Okeson________________                                                                    By:/s/ Xxxxxx X. Garden_____________

Name: Xxxx X. Xxxxxx                                                                 Name:  Xxxxxx X. Garden

Title: SVP, General Counsel & Secretary                                                                          Title:  Vice Chairman

Trian Fund Management, L.P. (“Trian”) absolutely and unconditionally guarantees to Wendy’s/Arby’s Group, Inc.  (the “Lessor”) the performance and observance of any and all of the obligations of TASCO, LLC  (the “Lessee”) under the foregoing Amendment No. 1, including but not limited to the payment in full of all amounts due from Lessee to Lessor under the Lease, as amended.  This Guarantee constitutes the direct, general and unconditional obligation of Trian, is irrevocable and with respect to the obligations of Lessee involving payment of amounts due to Lessor is a guarantee of payment and not of collection.

TRIAN FUND MANAGEMENT, L.P.

By:  Trian Fund Management GP, LLC

its general partner

By:  /s/ Xxxxxx X. Garden_________________

Name:  Xxxxxx X. Garden

Title:  Member

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