EXHIBIT C EMPLOYMENT AGREEMENT First Addendum
Exhibit
10.36
EXHIBIT
C
First
Addendum
FIRST
ADDENDUM, dated as of, 2008 (“First Addendum”) to the EMPLOYMENT AGREEMENT,
dated as of, 2008, between Advance Auto Parts, Inc. (“Advance” or the
“Company”), a Delaware corporation, and Xxxxxx X. Xxxx (the “Executive”) (the
“Agreement”).
The
Company and the Executive agree as follows:
1.
Modification
of Section 4(d) of the Agreement. Effective upon execution of
this First Addendum by the Company and the Executive, Section 4(d) of the
Agreement shall be modified by adding a new subsection 4(d)(vi) as follows:
4. Termination
of Employment.
(d) Termination
by the Company Other than for Due Cause, Death or Disability.
(vi)
Retirement. Any
termination of the Executive’s employment before April 9, 2009, other than
termination of employment due to Death or Disability will be deemed a
“Retirement” as that term is used with respect to equity awards granted to the
Executive pursuant to the Company’s 2004 LTIP or any successor
plan.
2. Full
Force and Effect. Except for those terms and provisions
modified herein, all other terms and conditions in the Agreement shall remain
unchanged and in full force and effect.
IN
WITNESS WHEREOF, the Company and Executive have executed this Agreement as of
the date first written above.
Advance Auto Parts, Inc. | Executive | |||||||||
By: | (SEAL) | Signature: | ||||||||
Print Name: | Print Name: | Xxxxxx X. Xxxx | ||||||||
Title: | Address: | |||||||||
Address: |
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