RESTRICTED STOCK AGREEMENTRestricted Stock Agreement • June 10th, 2009 • Simmons Co • Wood household furniture, (no upholstered) • Delaware
This Restricted Stock Agreement (this “Agreement”) is made as of this 31st day of March, 2006 (the “Effective Date”) between Simmons Company, a Delaware corporation (the “Company”), and the undersigned (the “Restricted Shareholder”). Certain capitalized terms used herein are defined in Section 7 hereof.
STOCK OPTION AGREEMENTStock Option Agreement • June 10th, 2009 • Simmons Co • Wood household furniture, (no upholstered) • Delaware
This Stock Option Agreement (this “Agreement”) is made as of this 16th day of January, 2008 (the “Effective Date”) between Simmons Holdco, Inc., a Delaware corporation (the “Company”), and the undersigned (the “Optionee”). Certain capitalized terms used herein are defined in Section 8 hereof.
September 29, 2008 Dominick Azevedo North Venice, FL 34275 Dear Mr. Azevedo:Severance Agreement • June 10th, 2009 • Simmons Co • Wood household furniture, (no upholstered) • Delaware
In recognition of your efforts as Executive Vice President of Sales, and your dedication to the Simmons family, we would like to make an offer to you. Although you will remain an at-will employee of Simmons Bedding Company, we are offering you, among other things, the ability to earn one year of severance benefits should your employment with us be terminated other than for Cause (as defined below). The specific details of this letter agreement (“Agreement”) are outlined below. It is important for you to read this in detail and understand it before you sign it. We also encourage you to consult with an attorney (at your own expense) before signing this Agreement, to the extent you deem appropriate. Do not hesitate to ask questions. Please keep this offer confidential, as only a select group of employees have received this offer.
THIRD AMENDMENT TO LEASE AGREEMENTLease Agreement • June 10th, 2009 • Simmons Co • Wood household furniture, (no upholstered)
THIS THIRD AMENDMENT TO LEASE AGREEMENT (hereinafter referred to as this "Third Amendment") is entered into by and between TEACHERS CONCOURSE, LLC, a Delaware limited liability company (hereinafter referred to as "Landlord"), and SIMMONS BEDDING COMPANY, a Delaware corporation f/k/a Simmons Company, a Delaware corporation (hereinafter referred to as "Tenant"), and shall be effective as of October 1, 2008.
