GENERAL RELEASE AND SEPARATION AGREEMENTRestricted Stock Agreement • June 10th, 2009 • Simmons Co • Wood household furniture, (no upholstered) • Georgia
Simmons Holdco, Inc., a corporation incorporated under the laws of the State of Delaware (“Holdco”), Simmons Company (f/k/a THL Bedding Holding Company), a corporation incorporated under the laws of the State of Delaware (“SC”), THL-SC Bedding Company, a corporation incorporated under the laws of the State of Delaware (“THL-SC”), Simmons Bedding Company (f/k/a Simmons Company), a corporation incorporated under the laws of the State of Delaware (“SBC”) (collectively, Holdco, SC, THL-SC and SBC are referred to herein as “Simmons”), and Charles R. Eitel (“Executive”) hereby enter into this General Release and Separation Agreement (“Separation Agreement”), contracting and agreeing as follows:
