SEPARATION AGREEMENTSeparation Agreement • April 15th, 2013 • Crumbs Bake Shop, Inc. • Retail-food stores • New York
THIS SEPARATION AGREEMENT (this “Agreement”), dated as of November 28, 2012 (the “Effective Date”), is made by and among Jason Bauer (“Executive”), Crumbs Bake Shop, Inc., a Delaware corporation (“CBS”), and Crumbs Holdings LLC, a Delaware limited liability company (“Crumbs” and, together with CBS, the “Company”). Executive, CBS and Crumbs are sometimes individually referred to herein as a “Party” and are sometimes collectively referred to herein as the “Parties”. Capitalized terms used but not defined herein shall have the meanings given such terms in the Employment Agreement (as defined below).
FIRST AMENDMENT TO THE AMENDED AND RESTATED EMPLOYMENT AGREEMENT FOR JOHN D. IRELANDEmployment Agreement • April 15th, 2013 • Crumbs Bake Shop, Inc. • Retail-food stores
WHEREAS, pursuant to Sections 16.4 and 16.9 of the Agreement, the Parties have agreed that the Agreement may be amended and modified as necessary to comply with the terms of Section 409A of the Internal Revenue Code (the “Code”) and any regulation or other official guidance promulgated thereunder.
