EXHIBIT C Additional Terms—Michael A. Norona (the “Executive”)
Exhibit
10.35
EXHIBIT
C
Additional Terms—Xxxxxxx X.
Xxxxxx (the “Executive”)
The
Executive and the Company agree that the following terms of the Company’s letter
offering employment to the Executive, dated January 20, 2008, and executed by
the Executive on January 30, 2008, shall continue in effect following the
execution of the Agreement:
One Time Cash
Bonus
The
Company agrees to provide the Executive with a one time cash bonus to replace
the bonus the Executive lost as a result of leaving his former employer. Payment
will based on the Executive’s actual earned bonus and is expected to be in the
range of $150,000 to $180,000 and will be paid on about May 1,
2008.
Annual Executive
Physical
The
Company agrees that during the Employment Term the employee benefits provided by
the Company to the Executive shall include one Company-paid annual executive
physical per year at the Mayo Clinic.
The Executive and the Company agree
that, as of the date of this Agreement, the remaining obligations of the Company
pursuant to the offer letter have been performed by the Company or have been
incorporated into the Agreement.
IN WITNESS WHEREOF, the Company and the
Executive have executed this Exhibit as of the effective date of the
Agreement.
Advance Auto Parts, Inc. | Executive | ||||||||
By: | (SEAL) | Print Name: Xxxxxxx X. Xxxxxx | |||||||
Print Name: | Signature: | ||||||||
Title: | Address: | ||||||||
Address: |
0000
Xxxxxxx Xxxx
Xxxxxxx, XX 00000
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