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EXHIBIT 10.12
FIRST AMENDMENT TO
EMPLOYMENT AGREEMENT
THIS FIRST AMENDMENT TO EMPLOYMENT AGREEMENT, effective as of September
30, 1997, is entered into by and between CKE RESTAURANTS, INC., a Delaware
corporation (the "Company") and XXXXXX X. XXXXXXX ("the Employee") and amends
the current Employment Agreement between the Company and Employee, which current
Employment Agreement was dated January 24, 1996.
WHEREAS, the Company and Employee are parties to an Employment Agreement
("Agreement"), and
WHEREAS, the Company and Employee wish to amend such Agreement as set
forth below,
NOW, THEREFORE, in consideration of the mutual covenants and agreements
set forth herein, the parties agree as follows:
1. Section 2 of the Agreement, entitled "Duties" is amended to add
subsection (iv) which reads as follows:
"(iv) serving as President, Chief Executive Officer and Director
of Star Buffet, Inc.,"
2. Section 4 of the Agreement, entitled "Compensation" is amended to
delete the current subsection 4.a and replace it with the following:
"4.a BASE COMPENSATION. The Company will pay Employee an annual
base salary of $63,000 per annum, it being understood that Star Buffet, Inc.
will pay Employee an annual base salary of $187,000."
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Page 2-2-2-2
Employment Agreement
Except as herein amended, all provisions of the Agreement shall remain in full
force and effect.
IN WITNESS WHEREOF, the parties have executed this First Amendment to
Employment Agreement as of the date set forth herein above.
CKE RESTAURANTS, INC.
/s/ XXXXXX X. XXXXXX
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By: Xxxxxx X. Xxxxxx
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Its: Executive Vice President
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XXXXXX X. XXXXXXX
/s/ XXXXXX. X. XXXXXXX
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