December 12, 2006Retention Agreement • December 15th, 2006 • Petsmart Inc • Retail-retail stores, nec • Arizona
We are pleased you have agreed to stay on in the position of Chief Financial Officer and assist in transitioning your responsibilities to your successor before you resign from PetSmart (“the Company”). We have agreed that you will stay for a mutually acceptable length of time, at least until February 6, 2007, but no longer than through April 30, 2007 (“Last Day”), depending on when the Company locates a replacement and other needs of the business. This letter agreement (“Agreement”) embodies the special package we are offering in exchange for your agreement to stay beyond your original resignation date.
