Exhibit 10.9

ADDENDUM TO EMPLOYMENT AGREEMENT

THIS ADDENDUM TO EMPLOYMENT AGREEMENT (this “Addendum”) is dated as of March 26,
 2020,  by and between Floor and Decor Outlets of America, Inc., a Delaware
corporation (the “Operating Company”), Floor & Decor Holdings, Inc., a Delaware
corporation (“Holdings” and, together with the Operating Company, the
“Company”), and Thomas V. Taylor, the undersigned individual (the “Executive”),
and is intended to modify the Second Amended and Restated Employment Agreement,
dated as of February 3, 2020 (the “Employment Agreement”), by and between the
Company and the Executive.  Any capitalized term not defined herein will have
the meaning ascribed to such term in the Employment Agreement.

In light of the ongoing novel coronavirus a/k/a COVID-19 pandemic (“COVID-19”)
and its impact on the business and operations of the Company and its affiliates,
the Company and the Executive desire to amend the Employment Agreement, as set
forth below.

1. The Employment Agreement shall be amended to append the following provision
to Section 2(a):

Notwithstanding anything in the Agreement to the contrary, as a result of the
novel coronavirus a/k/a COVID-19 pandemic, Executive agrees to waive 100% of his
Base Salary, other than the amount required to pay applicable health care
premiums for Executive (and his spouse and eligible dependents), for a 90-day
period beginning on March 27, 2020, or such shorter period of time as the
Chairman of the Board may determine.  Any severance amounts payable pursuant to
Sections 4(b) and 4(e) shall be calculated without giving effect to such
reduction.

2. The Employment Agreement shall be amended to append the following provision
to Section 4(b):

Notwithstanding anything in the Agreement to the contrary, the reduction of
Executive’s Base Salary set forth in Section 2(a) shall not constitute Good
Reason for any purpose under this Agreement and shall not entitle Employee to
any severance or other payment pursuant to this Agreement or otherwise.

Additionally, the Executive hereby acknowledges and agrees that Good Reason
under the Employment Agreement has not occurred prior to or as a result of this
Addendum.  Except as expressly hereby amended, the Employment Agreement will
remain in full force and effect in accordance with the terms thereof.  To the
extent a conflict arises between the terms of the Employment Agreement and this
Addendum, the terms of this Addendum will prevail.

 

EXECUTIVE

By: /s/ Thomas V. Taylor_______________________________
Name:  Thomas V. Taylor

FLOOR AND DECOR OUTLETS OF AMERICA, INC.

By: /s/ David V. Christopherson
Name:  David V. Christopherson
Title:   EVP & General Counsel

FLOOR & DECOR HOLDINGS, INC.

By: /s/ David V. Christopherson
Name:  David V. Christopherson
Title:    EVP & General Counsel

 

 

 

 

 

 

 

 

 

 

 

 

[Signature Page to Addendum to Employment Agreement]