Employment Letter Amendment Chobani Global Holdings, LLC

Exhibit 10.16

Employment Letter Amendment

Chobani Global Holdings, LLC

December 20, 2018

Xxxxx Xxxxxxx

Chobani Global Holdings, LLC

000 Xxxxxxxxx Xx, XX #0

New York, New York 10012

Re: Amendment to Updated Compensation Terms

Dear Xxxxx:

This letter amends certain terms of the Employment Letter Agreement, dated as of June 27, 2018, by and between you and Chobani Global Holdings, LLC (the “Company”).

The following language will be added following the last sentence of Section 5 (Personal Benefits):

“Subject to prior approval by HOOPP Capital Partners (Greek) LLC (“HOOPP”) (in writing or via email) of the payment of such costs and expenses as provided herein, you shall also be entitled to have the Company pay on your behalf, or for reimbursement from the Company, for legal costs and expenses incurred in connection with the assertion by Xxxx Xxxxx of a potential Liquidity Event as such term is defined in the Confidential Settlement and Release Agreement, dated July 1 2015, by and among you, Euphrates, Inc., Chobani, LLC and Xxxx Xxxxx; provided that all bills/time sheets for such costs and expenses shall be provided to HOOPP for approval prior to payment.”

Please indicate your acceptance of these terms by countersignature below.

Sincerely,
CHOBANI GLOBAL HOLDINGS, LLC
By:		/s/ Xxxx Xxxxxxxxxx
Name:		Xxxx Xxxxxxxxxx
Title:		Chief Financial Officer

Agreed and Accepted:
/s/ Xxxxx Xxxxxxx						December 20, 2018
Xxxxx Xxxxxxx						Date

[Signature Page to Employment Letter Amendment]