0000921895-19-001263 Sample Contracts

SECOND AMENDMENT TO AMENDED AND RESTATED INCENTIVE AGREEMENT
Incentive Agreement • May 3rd, 2019 • Biglari Holdings Inc. • Retail-eating places • Indiana

This Second Amendment, dated as of March 26, 2019 (this “Second Amendment”), to the Amended and Restated Incentive Bonus Agreement, dated as of September 28, 2010, as amended by the First Amendment dated as of July 1, 2013 (the “Agreement”), is by and between Biglari Holdings Inc., an Indiana corporation (“Company”), and Sardar Biglari (“Executive”). All capitalized terms used and not otherwise defined herein have the respective meanings ascribed to them in the Agreement.

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