AMENDMENT NO. ______ TO EMPLOYMENT AGREEMENT
Exhibit
10.43
AMENDMENT
NO. ______
This
Amendment to Employment Agreement is made as of March 19, 2008, by and between
El Pollo Loco, Inc. (the “Company”) and______________________ (the
“Executive”). This Amendment amends, effective as of the date hereof, the
Employment Agreement dated as of _______________________ ,
between
the Company and the Executive.
1.
The
first
paragraph of Exhibit A to the Employment Agreement is hereby amended to read
in
full as follows:
“Bonuses
for any calendar year will be established by reference to budgeted “EBITDA” for
such calendar year (“Budgeted EBITDA”), with EBITDA having the same definition
as set forth in the Administrative Guidelines relating to the El Pollo Loco
Incentive Plan for such calendar year. Budgeted EBITDA will be established
by
the Company’s Board of Directors (following annual plan reviews with the
Company’s management) within the first three months of each calendar year during
the Employment Term.”
2.
Except
as
set forth set herein, all terms and provisions of the Employment Agreement
shall
remain in full force and effect.
IN
WITNESS WHEREOF, the parties have duly executed this Amendment on the day and
year first above written.
| EL POLLO LOCO, INC. | ||
| |
|
|
| By: |
|
|
| Name: | ||
| Title | ||
| [Executive] | ||
