0001206774-11-000539 Sample Contracts

AMENDED AND RESTATED EMPLOYMENT AGREEMENT
Employment Agreement • March 17th, 2011 • Krispy Kreme Doughnuts Inc • Retail-food stores • North Carolina

THIS AMENDED AND RESTATED EMPLOYMENT AGREEMENT (“Agreement”) dated as of March 11, 2011, amends and restates the Employment Agreement, dated as of November 7, 2007, which was amended December 15, 2008, among Krispy Kreme Doughnut Corporation, a North Carolina corporation (“KKDC”), Krispy Kreme Doughnuts, Inc., a North Carolina corporation (the “Company” and, together with KKDC, the “Companies”), and Jeffrey B. Welch (the “Executive”).

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FORM OF] KRISPY KREME DOUGHNUTS, INC. NONQUALIFIED STOCK OPTION AGREEMENT
Nonqualified Stock Option Agreement • March 17th, 2011 • Krispy Kreme Doughnuts Inc • Retail-food stores • North Carolina

THIS NONQUALIFIED STOCK OPTION AGREEMENT (this “Agreement”) is made as of [_____] (the “Grant Date”), by and between Krispy Kreme Doughnuts, Inc., a North Carolina corporation having its principal office at 370 Knollwood Street, Winston-Salem, North Carolina 27103 (the “Corporation”), and [_____] (the “Optionee”).

FORM OF] KRISPY KREME DOUGHNUTS, INC. RESTRICTED STOCK UNIT AGREEMENT
Restricted Stock Unit Agreement • March 17th, 2011 • Krispy Kreme Doughnuts Inc • Retail-food stores • North Carolina

THIS AGREEMENT is made as of [_____], by and between Krispy Kreme Doughnuts, Inc., a North Carolina corporation having its principal office at 370 Knollwood Street, Winston-Salem, North Carolina 27103 (the “Corporation”), and [_____] (“Employee”).

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