STATE OF NORTH CAROLINA AMENDMENT TO
EMPLOYMENT AGREEMENT
COUNTY OF MECKLENBURG
THIS AMENDMENT, made and entered into effective the 28th day of
August 1997, by and between FAMILY DOLLAR STORES, INC., a Delaware
corporation (hereinafter referred to as the "Company"); and Xxxxxx X. Xxxxxx
(hereinafter referred to as the "Employee");
W I T N E S S E T H:
WHEREAS, the Company and the Employee entered into an Employment
Agreement dated April 29, 1997 (hereinafter referred to as the "Agreement)";
and
WHEREAS, the Company and the Employee desire to amend the Agreement;
NOW, THEREFORE, in consideration of the mutual covenants herein
contained, the Company and the Employee agree as follows:
1. The first paragraph of Section 5.01 of the Agreement is deleted
and the following paragraph is substituted in lieu thereof:
"5.01 In consideration of the services to be rendered by the Employee
pursuant to this Agreement, the Company shall pay, or cause to be paid, to
the Employee a weekly base salary (i) from the Commencement Date to August 31,
1997, of $5,769.24 ($300,000.00 per annum), and (ii) from September 1, 1997,
to August 31, 1998, of $6,250.00 ($325,000.00 per annum)."
2. All other terms and provisions of the Agreement shall remain in
full force and effect.
IN WITNESS WHEREOF, the parties hereto have executed this Agreement in
triplicate, all as of the day and year first above written.
FAMILY DOLLAR STORES, INC.
Attest:
By XXXX XXXXXX
XXXX XXXXXX
Chairman of the Board
XXXXXX X. XXXXXXX, XX.
XXXXXX X. XXXXXXX, XX.
Secretary
(Corporate Seal)
XXXXXX X. XXXXXX (SEAL)
XXXXXX X. XXXXXX
Witness:
XXXXXX X. XXXXXX
XXXXXX X. XXXXXX
