0001206774-11-000690 Sample Contracts

AMENDED AND RESTATED EMPLOYMENT AGREEMENT
Employment Agreement • March 31st, 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 September 14, 2010 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 G. Dwayne Chambers (the “Executive”).

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AMENDED AND RESTATED EMPLOYMENT AGREEMENT
Employment Agreement • March 31st, 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 September 14, 2009, 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 Cynthia A. Bay (the “Executive”).

FORM OF] KRISPY KREME DOUGHNUTS, INC. DIRECTOR RESTRICTED STOCK UNIT AGREEMENT
Director Restricted Stock Unit Agreement • March 31st, 2011 • Krispy Kreme Doughnuts Inc • Retail-food stores

THIS AGREEMENT, dated as of [_________] between Krispy Kreme Doughnuts, Inc. (the “Corporation”), a North Carolina corporation, and [_____________], a member of the Board of Directors of the Corporation (the “Director”).

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