WAIVER TO EMPLOYMENT, CONFIDENTIALITY, AND NONCOMPETE AGREEMENTAnd Noncompete Agreement • March 9th, 2007 • Ferrellgas Partners L P • Retail-miscellaneous retail • Missouri
This Waiver to Employment, Confidentiality, and Noncompete Agreement dated as of December 19, 2006 (this “Waiver”) is made and entered into by and among Ferrell Companies, Inc., a Kansas corporation (“FCI”), Ferrellgas, Inc., a Delaware corporation (“FGI”; FCI and FGI are jointly and severally referred to herein as the “Company” or the “Companies”, as the context so requires), James E. Ferrell (the “Executive”) and Greatbanc Trust Company, as successor Trustee to LaSalle National Bank, not in its corporate capacity, but solely as Trustee of the Ferrell Companies Inc. Employee Stock Ownership Trust (“Trustee” and together with the Companies and the Executive, the “Parties”). Capitalized terms used but not defined herein shall have the meanings assigned to them in the Employment Agreement (as defined below).
