T R I A R C
Triarc Companies, Inc.
000 Xxxx Xxxxxx
Xxx Xxxx, XX 00000
Tel 000 000 0000
Dated as of April 28, 1999
Xx. Xxxx X. Xxxxxx, Xx.
00 Xxx Xxxxxxx Xxxx
Xxxxxx, XX 00000
Dear Xxxx:
Reference is made to your Employment Agreement dated as of April 29,
1996 (the "Agreement"). This letter confirms the following amendments to the
Agreement.
1. All references to your title as "Senior Vice President" shall be deleted
and shall be amended to read "Executive Vice President and Chief Financial
Officer".
2. The term of your employment shall continue through July 28, 1999 and all
references to "April 28, 1999" shall be deleted and amended to read "July
28, 1999". Similarly, references to a "three-year" term shall be deleted
and instead be amended to read a "three-year and three-month" term.
Except as amended by the foregoing, the Agreement shall remain in full
force and effect.
This letter shall be governed by the laws of the State of New York
applicable to agreements made and to be performed entirely within such State.
If you agree with the terms outlined above, sign a copy of this letter
and return it to us.
Very truly yours,
/s/ Xxxxx X. Xxxxxx
-------------------------
Xxxxx X. Xxxxxx
Executive Vice President
and General Counsel
ACCEPTED TO AND AGREED
AS OF APRIL 28, 1999:
/s/ Xxxx X. Xxxxxx, Xx.
-----------------------
Xxxx X. Xxxxxx, Xx.
