EXHIBIT 10.28
FIRST AMENDMENT TO
SEVERANCE PROTECTION AGREEMENT
THIS FIRST AMENDMENT TO SEVERANCE PROTECTION AGREEMENT (the
"AMENDMENT") is effective as of the 1st day of June, 2000, by and between
Gadzooks Management, L.P. (the "COMPANY") and Xxxxxx X. Xxxxxxxxxxx (the
"EXECUTIVE").
WHEREAS, Gadzooks, Inc. and the Executive have entered into that
certain Severance Protection Agreement dated as of September 1, 1998 (the
"AGREEMENT"); and
WHEREAS, as of June 2000, Gadzooks, Inc. completed a restructuring of
its organization whereby, among other things, it formed the Company and certain
employees of Gadzooks, Inc., including the Executive, became employees of the
Company; and
WHEREAS, the parties now wish to amend the Agreement to reflect that
the Company is subject to and bound by the terms, conditions, covenants,
representations, agreements, rights and remedies set forth in the Agreement.
NOW, THEREFORE, in consideration of the foregoing and for other good
and valuable consideration, the receipt and sufficiency of which are hereby
acknowledged, the parties hereto agree as follows:
1. Amendment. Effective as of June 1, 2000, Gadzooks Management, L.P.
will replace Gadzooks, Inc. as the "Company" in the Agreement and will be
subject to and bound by the terms, conditions, covenants, representations,
agreements, rights and remedies set forth in the Agreement.
2. Effect on Agreement. Except as specifically modified herein, the
Agreement shall continue in full force and effect.
[Signature Page Follows]
IN WITNESS WHEREOF, this Amendment has been executed by the parties
hereto as of the day and year first above written.
GADZOOKS MANAGEMENT, L.P.
By: Gadzooks, Inc., its general partner
By: /s/ Xxxxx X. Xxxxxx
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Name: Xxxxx X. Xxxxxx
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Title: Chief Executive Officer
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/s/ Xxxxxx X. Xxxxxxxxxxx
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Xxxxxx X. Xxxxxxxxxxx
Gadzooks, Inc.
By: /s/ Xxxxx X. Xxxxxx
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Name: Xxxxx X. Xxxxxx
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Title: Chief Financial Officer
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