T R I A R C
Triarc Companies, Inc.
000 Xxxx Xxxxxx
Xxx Xxxx, XX 00000
Tel 000 000 0000
Dated as of July 28, 1999
Xx. Xxxx X. Xxxxxx, Xx.
00 Xxx Xxxxxxx Xxxx
Xxxxxx, XX 00000
Dear Xxxx:
Reference is made to your Employment Agreement dated as of April 29,
1996, as amended as of April 28, 1999 (as so amended, the "Agreement"). This
letter confirms the following amendments to the Agreement.
1. The term of your employment shall continue through June 29, 2000 and all
references to "July 28, 1999" shall be deleted and amended to read "June
29, 2000". Similarly, references to a "three-year and three-month" term
shall be deleted and instead be amended to read a "four-year and
two-month" term.
Except as amended by the foregoing, the Agreement shall remain in full
force and effect.
This letter shall be governed by the laws of the State of New York
applicable to agreements made and to be performed entirely within such State.
If you agree with the terms outlined above, sign a copy of this letter
and return it to us.
Very truly yours,
/s/ Xxxxx X. Xxxxxx
----------------------------
Xxxxx X. Xxxxxx
Executive Vice President
and General Counsel
ACCEPTED TO AND AGREED
AS OF JULY 28, 1999:
/s/ Xxxx X. Xxxxxx, Xx.
---------------------------
Xxxx X. Xxxxxx, Xx.
