0001206774-07-002800 Sample Contracts

RELEASE AND SEVERANCE AGREEMENT
Severance Agreement • December 6th, 2007 • Krispy Kreme Doughnuts Inc • Retail-food stores • North Carolina

THIS RELEASE AND SEVERANCE AGREEMENT (the “Agreement”) is made and entered into this the 23 day of August, 2007 by and between Jeff Jervik, of c/o 370 Knollwood, Suite 500, Winston-Salem, NC 27103 (the “Employee”), and Krispy Kreme Doughnut Corporation, a North Carolina corporation, with its principal place of business located in Forsyth County, North Carolina (the “Employer”).

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