Exhibit 10.3


 


EMPLOYMENT AGREEMENT


 


This Employment Agreement
(this “Agreement”) is entered into on the dates signed below but will become effective as of the Closing Date (as
defined below) (the “Effective Date”), between Dave & Buster’s Management Corporation, Inc., a
Delaware corporation (“D&B Management”), Dave & Buster’s Entertainment, Inc., a Delaware corporation
(“D&B”), and Christopher Morris (the “Employee”). D&B Management and D&B are collectively
referred to herein as the “Company.” D&B Management, D&B and the Employee are collectively referred to herein
as the “Parties”.


 


WHEREAS, pursuant
to that certain Agreement and Plan of Merger, by and among D&B, Delta Bravo Merger Sub, Inc., Ardent Leisure US Holding Inc.
(“Main Event”), Ardent Leisure Group Limited, RB ME LP, and RB ME Blocker, LLC, RB ME Series 2019 Investor Aggregator LP and RedBird Series 2019 GP Co-Invest, LP, dated as of April 6, 2022 (the
 “Merger Agreement”), D&B will acquire a controlling ownership interest in Main Event as of the Closing Date (as
defined in the Merger Agreement);


 


WHEREAS, as of the
Effective Date, D&B Management shall employ Employee and D&B agrees that Employee shall serve as its Chief Executive Officer
and as a member of the Board of Directors of the Company;


 


WHEREAS, the Parties
acknowledge and agree that the services of the Employee are of a special and unique character, and in the performance of duties for the
Company, the Employee has been and will be provided additional Confidential Information, pursuant to and in reliance on the restrictive
covenant obligations and the restrictions on disclosure of the Confidential Information set forth in Paragraph 7;


 


WHEREAS, the Company
desires to be assured that the Confidential Information and goodwill of the Company will be preserved for the exclusive benefit of the
Company and that, as a material incentive for the Company to enter into this Agreement, as well as in exchange for the consideration
specified herein (including, without limitation substantial amounts of compensation, benefits and access to the Confidential Information,
in each case, as set forth herein), and employment of the Employee under this Agreement, the Employee acknowledges and agrees to be bound
by the restrictive covenant obligations and the restrictions on disclosure of the Confidential Information set forth in Paragraph
7;


 


WHEREAS, the Parties
acknowledge and agree that the restrictive covenant obligations and the restrictions on disclosure of the Confidential Information set
forth in Paragraph 7 are essential to the continued growth and stability of the Company’s business, good will, customer
base and to the continuing viability of its endeavors, and are a material inducement to the Company entering into this Agreement; and


 


WHEREAS, the Parties
acknowledge and agree that the Company would be irreparably harmed if their Confidential Information were disclosed by the Employee.


 






    


     


    

 


NOW, THEREFORE, for
and in consideration of the promises herein contained, the provision of Confidential Information and other good and valuable consideration,
the sufficiency of which is hereby acknowledged, D&B, D&B Management, and Employee agree as follows:


 


1.             Employment/Duties.
D&B Management agrees to employ Employee and D&B agrees that Employee shall serve as Chief Executive Officer. Employee will be
responsible for performing those duties that are customarily associated with the position of Chief Executive Officer and other such reasonable
duties that are assigned by the Board of Directors of the Company from time-to-time. Employee will be appointed as member of the Board
of Directors of the Company and will be nominated for re-election for so long as he remains employed. The Company or its Affiliates (as
defined below) will provide appropriate training to Employee to permit him to perform his duties competently.


 


2.             Term
of Agreement. This Agreement shall be in effect for one (1) year from the Effective Date of this Agreement unless it is
terminated earlier under the terms of Paragraph 8; provided, however, that commencing on the first anniversary of the Effective
Date, and on each annual anniversary of such date, the term of this Agreement shall be automatically extended for a one year period unless
it is terminated earlier under the terms of Paragraph 8. The Parties agree that unless specifically stated otherwise, the obligations
created in Paragraphs 7, 9, 10, 11, 12 and 18 will survive the termination of this Agreement and of Employee’s employment
with D&B Management.


 


3.             Employee’s
Responsibilities. Employee agrees that unless specifically stated otherwise, during the term of Employee’s employment by
D&B Management, Employee will devote Employee’s full business time and best efforts and abilities to the performance of his
duties for the Company. Employee agrees to act in the best interest of the Company at all times. Employee will act in accordance with
the highest professional standards of ethics and integrity. Employee agrees to use Employee’s best efforts and skills to preserve
the business of the Company and the goodwill of its employees and persons having business relations with the Company. Employee will comply
with all applicable laws and all of the Company’s and its Affiliates’ then current policies and procedures. Notwithstanding
anything contained herein to the contrary, if (a) Employee complies with the terms and provisions of D&B’s Code of Business
Conduct and Ethics, as the same may be revised from time-to-time and (b) Employee’s activities do not interfere with Employee’s
obligations to the Company, then, during the term of Employee’s employment by D&B Management, Employee may: (x) engage
in charitable, civic, fraternal and professional activities, (y) give lectures on behalf of educational or for-profit institutions,
and (z) manage personal investments; provided that Employee shall disclose any conflicts of interest that cause Employee’s
personal endeavors to be in material conflict with the business of the Company and/or its Affiliates. Employee shall only serve on the
board of directors of (i) a national charitable, civic or fraternal organization, (ii) a privately owned business, or (iii) a
publicly-traded company with the prior written approval of the Board of Directors of D&B Management, in its sole discretion, and
only to the extent that any such enterprise described in (i), (ii), or (iii) is not a Competitive Business. The Board of Directors
of D&B Management will consider Employee's performance, time in role, time required to fulfill Employee's obligations to the Company,
as well as the potential benefit to the Company in making its determination.


 






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4.             No
Limitations. Employee warrants and represents that there is no contractual, judicial or other restraint that impairs Employee’s
right or legal ability to enter into this Agreement and to carry out Employee’s duties and responsibilities to the Company, its
affiliates, and its subsidiaries.


 


5.             Compensation
and Benefits.


 


(a)             Base
Salary. During the term of this Agreement, D&B Management will pay to Employee a base salary of $750,000 per year. The base salary
will be paid bi-weekly on regularly scheduled paydays determined by the Company. Employee shall be given an annual performance evaluation
and, as determined by the Board of Directors of D&B Management, may receive periodic salary increases.


 


(b)             Annual
Bonus. During the term of this Agreement, the Employee will be eligible to receive an annual bonus as approved on annual basis by
the Board of Directors of D&B Management and, if so approved, as determined by the Company based upon the attainment of a combination
of individual and Company goals during a fiscal year set forth in a bonus plan approved by the Board of Directors of D&B Management,
payable in accordance with such bonus plan. Employee’s individual participation percentage in the bonus plan at target is equal
to 100% of such Employee’s base salary for the fiscal year, and will be prorated for partial years of employment.


 


(c)             Retirement
and Welfare Plans. Employee shall be eligible to participate in any profit sharing, qualified and nonqualified retirement plans,
and any health, life, accident, disability insurance, sick leave, or other benefit plans or programs made available to similarly situated
employees of the Company in accordance with the terms of such plans, as may be amended, supplemented or modified from time to time (collectively,
the “Plans”), as long as they are kept in force by the Company and provided that Employee meets the eligibility requirements
of the respective Plans. Nothing contained herein shall limit the right of the Company, in its sole and absolute discretion, to modify,
amend or discontinue any of the Plans.


 


(d)             Vacation.
Subject to the Company’s generally applicable policies relating to vacations, Employee shall be entitled to paid vacation commensurate
with the Company’s policy for senior management and Employee’s position and tenure with the Company, but in no event less
than twenty-seven (27) days paid vacation during each calendar year.


 


(e)             Office
and Support Staff. To the extent reasonably practicable, the Company shall endeavor to supply the Employee (i) with all equipment,
supplies, and secretarial staff reasonably required in the performance of the Employee’s duties and (ii) a fully furnished
and appointed office comparable in size, furnishings and decorations to the offices of other officers of D&B of comparable responsibilities
and the facilities of the Company shall be generally available to Employee in the performance of Employee’s duties.


 






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(f)             Other
Benefits. The Company will provide Employee with other employment benefits, as in existence from time to time, the Company provides
to its full-time executive employees.


 


(g)             Expenses.
The Company shall reimburse the Employee for all reasonable business expenses incurred by the Employee in connection with the performance
of the Employee’s duties under this Agreement, including, but not limited to, reasonable travel, meals, and hotel accommodations
of Employee, in each case subject to the Company’s then current policies and procedures. Reimbursement shall be made upon submission
by Employee of vouchers or an itemized list thereof in accordance with the Company’s then current policies and procedures. Employee
hereby authorizes the Company in advance to deduct any expenses from the Employee’s salary if Employee fails to submit an expense
as provided by the Company’s then current policies and procedures.


 


(h)             Long-Term
Incentive Plan.  The Parties acknowledge the Company has offered certain long-term incentive benefits pursuant to the Dave &
Buster’s Entertainment, Inc. Amended and Restated 2014 Omnibus Incentive Plan, the terms of which shall be governed in any
separate award agreement for benefits granted.


 


6.             Training.
The Company has provided and will continue to provide Employee with such specialized training as the Company, in its sole discretion,
deems necessary or beneficial to the performance of Employee’s job duties.


 


7.             Confidential
Information and Restrictive Covenants. In consideration of the premises and mutual promises contained herein, and for other good
and valuable consideration specified herein (including, without limitation substantial amounts of compensation, the Company Group (as
defined below) shall provide the Employee with benefits and Confidential Information, the use or disclosure of which would cause the
Company Group substantial loss or injury including substantial diminishment of their goodwill, and would place the Company Group at a
material competitive disadvantage. Accordingly, the Company and the Employee hereby agree as follows:


 


(a)             Certain
Definitions.


 


(i)             As
used in this Agreement, “Affiliate” of any person means any person, directly or indirectly controlling, controlled
by or under common control with such person, and includes any person who is an officer, director or employee of such person and any person
that would be deemed to be an “affiliate” or an “associate” of such person, as those terms are defined in Rule 12b-2
of the General Rules and Regulations under the Securities Exchange Act of 1934, as amended. As used in this definition, “controlling”
(including, with its correlative meanings, “controlled by” and “under common control with”) means
possession, directly or indirectly, of power to direct or cause the direction of management or policies (whether through ownership of
securities, partnership or other ownership interests, by contract or otherwise). With respect to any natural person, “Affiliates”
shall also include, without limitation, such person’s spouse, child and any trust the beneficiaries or grantor of which are limited
solely to such person and/or his or her spouse or child. As used in this Agreement, “person” means any individual,
corporation, limited liability company, partnership, firm, joint venture, association, joint-stock company, trust, unincorporated organization
or other entity.


 






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(ii)             As
used in this Agreement, “Company Group” shall mean D&B, any subsidiary and any successor to any of the foregoing.


 


(iii)            As
used in this Agreement, “Competitive Business” shall mean the owners or operators of venues in the Restricted Territory
that combine a dining offering that is primarily full service with games, entertainment, sports attractions or sports viewing, but shall
not include (x) dining establishments that derive less than 20% of their aggregate revenues from games, entertainment and sports
attractions and have not highlighted sports viewing as a core offering in their consumer marketing or (y) entertainment concepts
that derive less than 20% of their aggregate revenues from dining operations. For the avoidance of doubt, Competitive Business shall
include, without limitation, the companies identified in Appendix A attached hereto.


 


(iv)             As
used in this Agreement, “Restricted Territory” shall mean: (a) North America and (b) any other state, province
or country in which the Company (1) operates during the Employee’s employment or at the time of the Employee’s resignation
or termination or (2) has expressed interest in operating or expects to operate within two (2) years following the Employee’s
resignation or termination, and in each case in clause (2), of which the Employee was aware.


 






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(b)             Nondisclosure
of Confidential Information. During the term of this Agreement, the Company Group agrees to continue to provide, and the Employee
will acquire, certain Confidential Information. As a material incentive for the Company Group to enter into this Agreement, as well as
in exchange for the consideration specified herein (including, without limitation substantial amounts of compensation, benefits and access
to the Confidential Information, in each case, as set forth herein), and employment of the Employee under this Agreement, the Employee
shall maintain in strict confidence and shall not disclose to third parties or use in any task, work or business (except on behalf of
the Company Group) any proprietary or confidential information regarding the Company Group and/or his work with the Company Group, including,
without limitation, trade secrets, current and future business plans, customers, customer lists, customer information, vendors, vendor
lists, vendor information, employees, employee information, sales, purchasing, pricing determinations, price points, internal and external
cost structures, operations, marketing, financial and other business strategies, positioning of stores, information and plans, products
and services, games and amusement, development of games and amusement, food and beverage, financial performance and other financial data
and compilations of data, new store development and locations, pipeline, information regarding the Company Group’s processes, computer
programs and/or records, software programs, intellectual property, business development opportunities, acquisitions, acquisition targets,
confidential information developed by consultants and contractors, manuals, memoranda, projections, and minutes (“Confidential
Information”), without the express written permission of the Board of Directors of D&B. The Employee’s confidentiality
obligation in this Paragraph 7 shall include, but not be limited to, any Confidential Information to which the Employee has access
to, had access to, will have access to, receives, or received in connection with his employment by Company Group, and any information
designated as confidential by the Company Group. Notwithstanding the foregoing, the term Confidential Information shall not include information
that (i) is publicly disclosed through no fault of the Employee, either before or after it becomes known to the Employee, (ii) was
known to the Employee prior to the date of this Agreement, which knowledge was acquired independently and not from the Company Group
or its directors or employees or (iii) became available to the Employee on a non-confidential basis from a source other than the
Company Group, provided such source is not bound by a confidentiality agreement with or other contractual, legal or fiduciary obligation
of confidentiality to the Company Group or any other party with respect to such information. The Company Group and the Employee acknowledge
and agree that the Confidential Information is continually evolving and changing and that some new Confidential Information will be needed
by the Employee and provided by the Company Group for the first time in the course of the term of this Agreement. The Employee expressly
acknowledges the trade secret status of the Confidential Information and agrees that the Employee’s access to such Confidential
Information constitutes a protectable business interest of the Company Group. Notwithstanding the foregoing restrictions, the Employee
may disclose any Confidential Information (a) to the Employee’s legal advisors subject to such advisor’s agreement to
maintain the information as confidential, (b) to the extent required for the Employee’s enforcement of his rights hereunder
(provided that such information be submitted under seal or otherwise not publicly disclosed), (c) to the extent required by an order
of any court or other governmental authority, but in each case only after the Company Group has been so notified in writing and has had
five (5) business days to obtain reasonable protection for such information in connection with such disclosure, and (d) if
such disclosure is protected under the whistleblower provisions of federal law or regulation. 18 U.S.C. § 1833(b) provides:
 “An individual shall not be held criminally or civilly liable under any federal or state trade secret law for the disclosure of
a trade secret that—(A) is made—(i) in confidence to a federal, state, or local government official, either directly
or indirectly, or to an attorney; and (ii) solely for the purpose of reporting or investigating a suspected violation of law; or
(B) is made in a complaint or other document filed in a lawsuit or other proceeding, if such filing is made under seal.” Nothing
in this Agreement is intended to conflict with 18 U.S.C. § 1833(b) or create liability for disclosures of trade secrets that
are expressly allowed by 18 U.S.C. § 1833(b). Accordingly, the parties to this Agreement have the right to disclose in confidence
trade secrets to federal, state, and local government officials, or to an attorney, for the sole purpose of reporting or investigating
a suspected violation of law. The parties also have the right to disclose trade secrets in a document filed in a lawsuit or other proceeding,
but only if the filing is made under seal and protected from public disclosure.


 






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(c)             Return
of Property. Upon termination of the Employee’s employment with the Company Group (for any reason), the Employee shall promptly
return to the Company Group all Company property, Confidential Information and all copies thereof obtained by the Employee, or his employees
or agents. The Parties acknowledge that the Company Group would not retain the Employee’s services or provide him with access to
its Confidential Information without the covenants and promises contained in this Paragraph 7. For avoidance of doubt, the Employee
shall deliver promptly to the Company Group on termination of his employment with the Company Group for any reason, or at any other time
the Company Group may so request, all Confidential Information and all other documentation containing information relating to the business
of the Company Group or property of the Company Group which he obtained or developed while employed by, or otherwise serving or acting
on behalf of, the Company Group and which he may then possess or have under his control or relating to the “Work” (as defined
below).


 


(d)             Non-Access.
Employee agrees that following the termination of his employment with D&B Management, he will not access the Company Group’s
computer systems, download files or any information from the Company Group’s computer systems or in any way interfere, disrupt,
modify or change any computer program used by the Company Group or any data stored on the Company Group’s computer systems. Employee
further agrees that all of the computers, hand held devices, and mobile telephones provided by the Company are the sole property of the
Company Group.


 


(e)             Acknowledgment
of the Company Group’s Right In Work Product. During the term of this Agreement, the Employee will create, develop and contribute
for consideration certain ideas, plans, calculations, technical specifications, works of authorship, inventions, information, data, formulas,
models, reports, processes, photographs, marks, designs, computer code, concepts and/or other proprietary materials to the Company Group
related to the operation or promotion of the business of the Company Group (collectively, the “Work”). All of the
Work is, was and shall hereafter be, a commissioned “work for hire” owned by the Company Group within the meaning of Title
17, Section 101 of the United States Code, as amended. If any portion of the Work is determined not to be a “work for hire”
or such doctrine is not effective, the Employee hereby irrevocably assigns, conveys and otherwise transfers to the Company Group, and
its respective successors, licensees, and assigns, all right, title and interest worldwide in and to such portion of the Work and all
proprietary rights therein, including, without limitation, all copyrights, trademarks, design patents, trade secret rights, moral rights,
and all contract and licensing rights, and all claims and causes of action with respect to any of the foregoing, whether now known or
hereafter to become known. In accordance with this assignment, the Company Group shall hold all ownership to all rights, without limitation,
in and to all of the Work for its own use and for its legal representatives, assigns and successors, and this assignment shall be binding
on and extended to the heirs, assigns, representatives and successors of the Employee. In the event the Employee has any right or interest
in the Work which cannot be assigned, the Employee agrees to waive enforcement worldwide of any and all such rights or interests against
the Company Group and its respective successors, licensees and assigns, and the Employee hereby exclusively and irrevocably licenses
any and all such rights and interests, worldwide, to the Company Group in perpetuity and royalty-free, along with the unfettered right
to sublicense. All such rights are fully assignable by Company Group. The Employee hereby agrees that all Work is created or developed
for the sole use of the Company Group, and that the Employee has no right to market in any manner whatsoever any such Work.


 






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(f)             Non-Compete
Agreement. The Parties agree that, during the course of the Employee’s employment by the Company Group and during the term
of this Agreement, the Employee will have access to, and the benefit of, the Company Group’s Confidential Information, including
but not limited to, the Confidential Information described in Paragraph 7(b). The Parties agree that, during the Employee’s
employment, the Employee will represent the Company Group and develop contacts and relationships with other persons and entities on behalf
of the Company Group, including but not limited to, with customers and potential customers. To protect the Company Group’s interest
in its Confidential Information, contacts and relationships, to enforce the Employee’s obligations under this Paragraph 7,
and as a material inducement for the Company Group to enter into this Agreement, as well as in exchange for the consideration specified
herein (including, without limitation, substantial amounts of compensation, benefits and access to and provision of the Confidential
Information, in each case, as set forth herein), and employment of the Employee under this Agreement, the Parties hereby agree and covenant
that during the term of this Agreement and for a period of two (2) years from the termination of this Agreement for any reason (including,
without limitation, resignation by the Employee or upon notice from the Employee as provided in Paragraph 8(b)) (the “Non-Compete
Period”), the Employee shall not directly or indirectly, for himself or others, within the Restricted Territory:


 


(i)             own,
manage, operate, join, control, or participate in the ownership, management, operation or control of, or engage in any activity, work,
business, or investment with any other Competitive Business (or for or on behalf of any other entity or person or any other Competitive
Business), including, without limitation, any attempted or actual activity as an employee, officer, director, advisor, agent, equityholder,
consultant or independent contractor (whether or not compensated for any of the foregoing); provided, however, that the Employee
may own an investment interest of less than 2% in a publicly-traded company.


 


(g)             Non-Solicitation
and Non-Hire Agreement. Additionally, in exchange for the consideration specified herein and as stated in this Paragraph 7,
and as a material incentive for the Company Group to enter into this Agreement, during the term of this Agreement and for a period of
two (2) years from the termination of this Agreement for any reason (including, without limitation, resignation by the Employee)
(the “Non-Solicitation and Non-Hire Period”), the Employee shall not, directly or indirectly, on his own behalf or
on behalf of any other person, partnership, entity, association, or corporation, induce or attempt to influence, induce, encourage, any
employee of the Company Group at or above the managerial level (including, without limitation, store managers and regional managers),
supplier, vendor, licensee, distributor, contractor or other business relation of the Company Group to cease doing business with, adversely
alter or interfere with its business relationship with, the Company Group. Further, during the Non-Solicitation and Non-Hire Period,
the Employee shall not, on his own behalf or on behalf of any other person, partnership, entity, association, or corporation, (i) solicit
or seek to hire any employee of the Company Group at or above the store general manager level for operations employees and the officer
level for non-operations employees or in any other manner attempt directly or indirectly to influence, induce, or encourage any employee
of the Company Group at or above the store general manager level for operations employees and with a title of “Director”
or more senior for non-operations employees to leave their employ (provided, however, that nothing herein shall restrict the Employee
from engaging in any general solicitation that is not specifically targeted at such persons), nor shall he use or disclose to any person,
partnership, entity, association, or corporation any information concerning the names, addresses or personal telephone numbers of any
employees of the Company Group, or (ii), without the Company’s prior written consent, hire, employ or engage as a consultant any
employee of the Company Group with a title of “Director” or more senior.


 






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(h)             Reasonableness
of Restrictions, Modification. It is the desire and intent of the Parties to this Agreement that the provisions of this Paragraph
7 shall be enforced to the fullest extent permissible under the laws and public policies applied in each jurisdiction in which enforcement
is sought. It is expressly understood and agreed that the Company Group and the Employee consider the restrictions contained in this
Paragraph 7 to be reasonable and necessary for the purposes of preserving and protecting the Confidential Information and other
legitimate business interests of the Company Group. Nevertheless, if any of the aforesaid restrictions is found to be unreasonable, over-broad
as to geographic area, duration or scope of activity, or otherwise unenforceable, the Company Group and the Employee intend for the restrictions
herein set forth to be modified to be reasonable and enforceable and, as so modified, to be fully enforced.


 


(i)             Specific
Performance, Injunctive and Other Relief. The Parties acknowledge that money damages would not be a sufficient remedy for any
breach or threatened breach of this Paragraph 7 by the Employee. Therefore, notwithstanding the arbitration provisions in Paragraph
10, the Employee and the Company Group agree that the Company Group may resort to a court to enforce this Paragraph 7 by injunctive
relief. The Parties agree that the Company Group may enforce this promise without posting a bond and without giving notice to the maximum
extent permitted by law. The remedies addressed in this Paragraph 7(i) shall not be deemed the exclusive remedies for a breach
and/or threatened breach of this Paragraph 7, but shall be in addition to all remedies available at law or in equity to the Company
Group, including, without limitation, the recovery of damages from the Employee. The Employee agrees that the Non-Compete Period and
the Non-Solicitation and Non-Hire Period shall be tolled during any period of violation by Employee of this Paragraph 7.


 






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(j)             Notice
and Opportunity to Cure. In the event that the Company asserts that Employee is not in compliance with any of its obligations under
this Paragraph 7, unless such non-compliance or breach is willful and intentional or not susceptible to cure, the Company shall
provide the Employee with written notice of such assertion and a ten (10) business day opportunity to cure such noncompliance prior
to its withholding payment of any consideration specified in this Agreement or taking other legal action.


 


8.             Termination
of Agreement.


 


(a)             Death
or Disability. This Agreement shall automatically terminate upon the death of Employee or upon Employee’s becoming disabled
to the extent that he is unable to engage in any substantial gainful activity by reason of any medically determinable physical or mental
impairment which can be expected to result in death or can be expected to last for a continuous period of not less than twelve (12) months,
or is, by reason of any medically determinable physical or mental impairment which can be expected to result in death or can be expected
to last for a continuous period of not less than twelve (12) months, receiving income replacement benefits for a period of not less than
three (3) months under an accident and health plan covering employees of D&B Management. The determination of Employee’s
disability shall be made in good faith by a physician reasonably acceptable to the Company.


 


(b)             Upon
Notice. Either the Company or the Employee may terminate this Agreement at any time during the term by giving the other Party no
less than thirty (30) days’ prior written notice of the date of termination. Promptly after the Employee or the Company gives such
notice, the Parties shall meet and in good faith confer regarding the Employee’s work responsibilities during the remainder of
the notice period; provided that the Company may determine in its sole discretion to not have the Employee continue his work responsibilities
and the Employee shall promptly cease his work responsibility and vacate his office. During the remainder of the notice period (if so
requested by the Company), Employee agrees to use best efforts to continue performing the duties assigned by the Company, and the Company
agrees to continue compensating Employee until the termination date with the same pay and benefits as before the notice was given.


 


(c)             For
Cause. The Company may terminate this Agreement without any prior written notice to Employee if the termination is “for cause.”
For purposes of this Agreement “for cause” shall be defined as the willful and continued failure by Employee to perform the
duties assigned by the Board of Directors of D&B Management, failure to follow reasonable business-related directions from the Board
of Directors of D&B Management, gross insubordination, theft from the Company or its Affiliates, habitual absenteeism or tardiness,
conviction or plea of a felony, or any other reckless or willful misconduct that is contrary to the best interests of the Company or
materially and adversely affects the reputation of the Company. If the Board of Directors of D&B Management believes that an event
constituting “for cause” under this section has occurred and such event (i) is not a criminal offense and (ii) is
readily curable by Employee, then the Board of Directors of D&B Management shall provide written notice to the Employee setting forth:
(A) the Board of Directors of D&B Management’s intent to terminate the Employee’s employment for cause, and (B) the
reasons for the Board of Directors of D&B Management’s intent to terminate the Employee’s employment for cause. The Employee
shall have ten (10) business days following the receipt of such notice to cure the alleged breach. The Board of Directors of D&B
Management may terminate this Agreement without any further notice to Employee if such cure has not occurred within such ten (10) business
day period. In the event that the Company contends that the event is not readily curable by Employee, the Board of Directors of D&B
Management shall provide written notice to Employee setting forth: (X) the reasons for the Board of Directors of D&B Management’s
intent to terminate Employee’s employment “for cause” and (Y) the basis for the Board of Directors of D&B
Management’s determination that such event is not readily curable.


 






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(d)             For
Good Reason. The Employee may terminate this Agreement without any prior written notice to the Company if the termination is “for
good reason.” For purposes of this Agreement “for good reason” shall be defined as (i) the material breach by
the Company of this Agreement; (ii) the Company’s relocation of the office where Employee performs his duties by twenty-five
(25) or more miles; (iii) assignment to the Employee of any duties, authority or responsibilities that are materially inconsistent
with the Employee’s position, authority, duties or responsibilities, or any other Company action that results in the material diminution
in such position, authorities, duties or responsibilities; (iv) substantial change in organizational reporting relationships as
compared to the Effective Date that will materially impact Employee’s title, status, position, authority, duties or responsibilities
reporting requirements; and (v) any other purported termination of the Employee other than under the terms of this Agreement; provided,
that the occurrence of any event described in this sentence may only constitute termination “for good reason” if (a) the
Employee gives the Company written notice of his intention to terminate his employment “for good reason” and, in reasonable
detail, of the event constituting grounds for such termination within sixty (60) days of the occurrence of such event, and (b) the
relevant circumstances or conditions are not remedied by the Company within thirty (30) days after receipt by the Company of such written
notice from the Employee.


 






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(e)             Severance
Pay and Release. In the event that the Employee’s employment with the Company under this Agreement is terminated for reasons
other than (x) upon notice from the Employee as provided in Paragraph 8(b), subject to Paragraph 8(f) or (y) “for
cause” as defined in Paragraph 8(c), the Company shall, conditioned upon the Employee’s compliance with this Agreement
and upon the Employee’s execution of a fully effective and non-revocable general release in favor of the Company, its Board of
Directors, Affiliates, and employees, in such form as reasonably approved by the Company and the Employee (the “Release”)
within sixty (60) days of the Employee’s termination of employment, which Release shall be provided to the Employee within five
(5) days of the Employee’s termination of employment, pay to the Employee: (i)  twenty-four (24) months of severance
pay at the Employee’s then current base salary from the date of termination of the Employee’s employment (adjusted, if applicable,
as described below to take into account the amount of disability insurance payments received by the Employee), in accordance with the
Company’s normal payroll schedule and procedures and commencing on the first payroll date of the Company following the sixtieth
(60th) day of the Employee’s termination of employment (the “First Payroll Date”), and subject to all applicable
withholding (it being agreed that the sum of the after-tax value of these monthly payments and any income replacement benefits received
from Company-provided disability insurance as described in Paragraph 8(a) shall not exceed the after-tax value of the Employee’s
then-current base salary). The portion of the severance pay that would have been paid to the Employee during the period between the Employee’s
termination of employment and the First Payroll Date had no sixty-day delay been required shall be paid to the Employee on the First
Payroll Date and thereafter the remaining portion of the severance pay shall be paid without delay as provided in clause (i) above
of this Paragraph 8(e); (ii) an amount equal to the annual bonus, if any, earned based on actual performance by the Employee
for the prior fiscal year, if it has not previously been paid by the Company payable in a single lump sum payment at the time provided
for under the bonus plan (but without regard to any requirement that the Employee be employed on the bonus payment date) or if later,
on the First Payroll Date; (iii) the pro rata portion of the annual bonus, if any, earned based on actual performance by the Employee
for the then-current fiscal year, payable in the calendar year in which the then-current fiscal year ends, but in no event later than
one hundred twenty (120) days after the end of such fiscal year and no earlier than the First Payroll Date, in accordance with the Company’s
standard procedures for paying any such bonus to other employees under the bonus plan, except for any requirement that the Employee be
employed on the bonus payment date, and subject to all applicable withholding; (iv)  monthly payments for a period of twelve (12)
months following the Employee’s termination, payable in accordance with the Company’s normal payroll schedule and procedures
and commencing on the First Payroll Date, and subject to all applicable withholding, that are equal to the monthly premium required by
the Employee to maintain his health insurance benefits provided by the Company’s group health insurance plan, in accordance with
the requirements of the Consolidated Omnibus Budget Reconciliation Act of 1985 (“COBRA”) (it being understood that
the portion of such payments described in clauses (iv) that would have been paid to the Employee during the period between the Employee’s
termination of employment and the First Payroll Date had no sixty-day delay been required shall be paid to the Employee on the First
Payroll Date, and thereafter the remaining portion of such payments shall be paid without delay). In the event that this Agreement is
terminated “for cause” pursuant to Paragraph 8(c), the Company shall pay to the Employee only (A) that base salary
which has been earned by the Employee through the date of termination payable in accordance with the Company’s normal payroll practices
and (B) unless the “for cause” termination results from the Employee’s theft from the Company or its Affiliates,
conviction or plea of a felony, or any other reckless or willful misconduct that materially and adversely affects the reputation of the
Company, the annual bonus, if any, described in clause (ii) above of this Paragraph 8(e) and payable in accordance with
clause (ii) above of this Paragraph 8(e), if it has not previously been paid by the Company. In the event that this Agreement
is terminated upon notice from the Employee pursuant to Paragraph 8(b), the Company shall pay to the Employee only (1) that
base salary which has been earned by the Employee through the date of termination payable in accordance with the Company’s normal
payroll practices and (2) the annual bonus, if any, described in Paragraph 8(e)(ii) above and payable in accordance
with Paragraph 8(e)(ii). Notwithstanding any provision to the contrary in this Agreement, no amount shall be paid pursuant to
this Paragraph 8(e) unless the Employee’s termination of employment constitutes of “separation from service”
(as such term is defined in Treas. Reg. Section 1.409-1(h), including the default presumptions). The Employee agrees to return to
the Company any payments received pursuant to this Paragraph 8 in the event that Employee does not fully comply (after written
notice and opportunity to cure as provided in Paragraph 7(j) above) with all post-employment obligations set out in this
Agreement, including, but not limited to, the restrictive covenants and the restrictions on disclosure of the Confidential Information
of the Company Group set forth in Paragraph 7.


 






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(f)             Severance
Pay and Release Upon Termination by the Employee Upon Notice. Notwithstanding anything to the contrary contained herein, if the Employee’s
employment with the Company is terminated upon notice from the Employee as provided in Paragraph 8(b) (including, without
limitation, resignation by the Employee), the Company may at its sole option elect to: (i) provide any payments and other severance
benefits set forth in Paragraph 8(e) to the Employee; provided that if the Employee is at any time not in full compliance
with the Employee’s obligations set forth in Paragraph 7, the Employee shall forfeit any and all payments and other severance
benefits set forth in Paragraph 8(e); and provided further that, if the Employee is provided payments or other severance
benefits described in Paragraph 8(e), the Employee shall execute a Release, or (ii) not provide any payments and other severance
benefits set forth in Paragraph 8(e) to the Employee (and, for the avoidance of doubt, the Employee shall continue to be
bound by all of the terms of Paragraph 7).


 


9.             Section 409A.


 


(a)             If
any payment, compensation or other benefit provided to the Employee in connection with his employment termination is determined, in whole
or in part, to constitute “nonqualified deferred compensation” within the meaning of Section 409A of the Internal Revenue
Code of 1986, as amended (“Section 409A”) and the Employee is a specified employee as defined in Section 409A(a)(2)(B)(i),
then no portion of such “nonqualified deferred compensation” shall be paid before the earlier of (i) the day that is
six (6) months plus one (1) day after the date of termination or (ii) five (5) days following the Employee’s
death (the “New Payment Date”). The aggregate of any payments that otherwise would have been paid to the Employee
during the period between the date of termination and the New Payment Date shall be paid to the Employee in a lump sum on such New Payment
Date. Thereafter, any payments that remain outstanding as of the day immediately following the New Payment Date shall be paid without
delay over the time period originally scheduled, in accordance with the terms of this Agreement. Notwithstanding the foregoing, to the
extent that the foregoing applies to the provision of any ongoing welfare benefits to the Employee that would not be required to be delayed
if the premiums therefor were paid by the Employee, the Employee shall pay the full cost of premiums for such welfare benefits during
the six (6)-month period and the Company shall pay the Employee an amount equal to the amount of such premiums paid by the Employee during
such six (6)-month period promptly after its conclusion.


 






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(b)             The
Parties hereto acknowledge and agree that the interpretation of Section 409A and its application to the terms of this Agreement
is uncertain and may be subject to change as additional guidance and interpretations become available. Anything to the contrary herein
notwithstanding, all benefits or payments provided by the Company to the Employee that would be deemed to constitute “nonqualified
deferred compensation” within the meaning of Section 409A are intended to comply with Section 409A. If, however, any
such benefit or payment is deemed to not comply with Section 409A, the Company and the Employee agree to renegotiate in good faith
any such benefit or payment (including, without limitation, as to the timing of any severance payments payable hereof) so that either
(i) Section 409A will not apply or (ii) compliance with Section 409A will be achieved. Notwithstanding the foregoing,
the Company makes no guarantee of any federal, state or local tax consequences with respect to the interpretation of Section 409A
and its application to the terms of this Agreement, and the Company shall have no liability for any adverse tax consequences of the Employee,
as a result of any violation of Section 409A.


 


(c)             Notwithstanding
anything to the contrary contained in this Agreement, all reimbursements for costs and expenses under this Agreement shall be paid in
no event later than the end of the taxable year following the taxable year in which the Employee incurs such expense. With regard to
any provision herein that provides for reimbursement of costs and expenses or in-kind benefits, except as permitted by Section 409A,
(i) the right to reimbursement or in-kind benefits shall not be subject to liquidation or exchange for another benefit and (ii) the
amount of expenses eligible for reimbursements or in-kind benefits provided during any taxable year shall not affect the expenses eligible
for reimbursement or in-kind benefits to be provided in any other taxable year, provided, however, that the foregoing clause
(ii) shall not be violated with regard to expenses reimbursed under any arrangement covered by Section 105(b) of the Internal
Revenue Code of 1986, as amended, solely because such expenses are subject to a limit related to the period the arrangement is in effect.


 


(d)             If
under this Agreement, an amount is paid in two or more installments, for purposes of Section 409A, each installment shall be treated
as a separate payment.


 


(e)             A
termination of employment shall not be deemed to have occurred for purposes of any provision of this Agreement providing for the payment
of any amounts or benefits subject to Section 409A upon or following a termination of employment unless such termination is also
a “separation from service” as defined in Treas. Reg. Section 1.409A-1(h), including the default presumptions, and for
purposes of any such provision of this Agreement, references to a “resignation,” “termination,” “terminate,”
 “termination of employment” or like terms shall mean separation from service.


 






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10.           Confidential
Arbitration. The Employee and the Company hereby agree that any controversy or claim arising out of or relating to this Agreement,
including the arbitrability of any controversy or claim, which cannot be settled by mutual agreement will be finally settled by confidential
and binding arbitration in accordance with the Federal Arbitration Act. Further, notwithstanding the preceding sentence, in the event
disputes arise that relate in any way to and concern this Agreement and also relate in any way to and concern one or more other agreements
related to incentive equity arrangements with the Company, the Parties agree that such disputes may be joined in a single binding arbitration
if doing so would not result in unreasonable delay. All arbitrations shall be administered by a panel of three neutral arbitrators (the
 “Panel”) admitted to practice law in Texas for at least ten (10) years, in accordance with the American Arbitration
Association Rules. Any such arbitration proceeding shall be administered by the American Arbitration Association and all hearings shall
take place in Dallas County, Texas. The arbitration proceeding and all related documents will be confidential, unless disclosure is required
by law. The Panel will have the authority to award the same remedies, damages, and costs that a court could award, including but not
limited to the right to award injunctive relief in accordance with the other provisions of this Agreement. Further, the Parties specifically
agree that, in the interest of minimizing expenses and promoting early resolution of claims, the filing of dispositive motions shall
be permitted and that prompt resolution of such motions by the Panel shall be encouraged. The Panel shall issue a written reasoned award
explaining the decision, the reasons for the decision, and any damages awarded. The Panel’s decision will be final and binding.
The judgment on the award rendered by the Panel may be entered in any court having jurisdiction thereof. This provision can be enforced
under the Federal Arbitration Act. The Panel shall be permitted to award only those remedies in law or equity that are requested by the
Parties, appropriate for the claims and supported by evidence, and each Party shall be required to bear its or his own arbitration costs,
attorneys’ fees and expenses.


 


(a)             The
decision of the arbitrator on the points in dispute will be final, unappealable and binding, and judgment on the award may be entered
in any court having jurisdiction thereof. The Parties agree that this provision has been adopted by the Parties to rapidly and inexpensively
resolve any disputes between them and that this provision will be grounds for dismissal of any court action commenced by any Party with
respect to this Agreement, other than post-arbitration actions seeking to enforce an arbitration award.


 


(b)             The
Parties will keep confidential, and will not disclose to any person, except as may be required by law, the existence of any controversy
under this Paragraph 10, the referral of any such controversy to arbitration or the status or resolution thereof. In addition,
the confidentiality restrictions set forth in this Agreement shall continue in full force and effect.


 






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(c)             As
the sole exception to the exclusive and binding nature of the arbitration commitment set forth above, the Parties agree that the Company
Group may resort to Texas state courts having equity jurisdiction in and for Dallas County, Texas and the United States District Court
for the Northern District of Texas, Dallas Division, at its sole option, to request temporary, preliminary, and/or permanent injunctive
or other equitable relief, including, without limitation, specific performance, to enforce the post-employment restrictions and other
non-solicitation and confidentiality obligations set forth in this Agreement, without the necessity of proving inadequacy of legal remedies
or irreparable harm or posting bond or giving notice, to the maximum extent permitted by law. However, nothing in this Paragraph 10
should be construed to constitute a waiver of the Parties’ rights and obligations to arbitrate as set forth in this Paragraph
10.


 


(d)             In
the event that any court OF COMPETENT JURISDICTION OR ARBITRATOR determines that THE SCOPE OF THE arbitration OR RELATED PROVISIONS OF
THIS AGREEMENT ARE TOO BROAD TO BE ENFORCED AS WRITTEN, THE PARTIES INTEND THAT THE COURT REFORM THE PROVISION IN QUESTION TO SUCH
NARROWER SCOPE AS IT DETERMINES TO BE REASONABLE AND ENFORCEABLE. EACH PARTY HERETO ACKNOWLEDGES THAT IT HAS BEEN INFORMED BY THE OTHER
PARTY HERETO THAT THIS PARAGRAPH 10(d) CONSTITUTES
A MATERIAL INDUCEMENT UPON WHICH IT or HE is RELYING AND WILL RELY IN ENTERING INTO THIS AGREEMENT.


 


BEFORE ACCEPTING THE TERMS OF THIS AGREEMENT, INCLUDING
THE RESTRICTIVE COVENANT TERMS, PLEASE READ AND UNDERSTAND YOUR CONTINUING OBLIGATIONS TO THE COMPANY AND ITS AFFILIATES.


 


11.           Indemnification.
The Company shall indemnify Employee to the fullest extent permitted by Section 145 of the Delaware General Corporation Law against
all costs, expenses, liabilities and losses, including but not limited to, attorneys fees, judgments, fines, penalties, taxes and amounts
paid in settlement, reasonably incurred by Employee in conjunction with any action, suit, or proceeding, whether civil, criminal, administrative,
or investigative in nature, which the Employee is made or threatened to be made a party or witness by reason of his position as officer,
employee or agent of the Company or otherwise due to his association with the Company or due to his position or association with any
other entity, at the request of the Company. The Company shall advance to Employee all reasonable costs and expenses incurred in connection
with such action within twenty (20) days after receipt by the Company of Employee’s written request. The Company shall be entitled
to be reimbursed by Employee and Employee agrees to reimburse the Company if it is determined that Employee is not entitled to be indemnified
with respect to an action, suit, or proceeding under applicable law. The Company shall not settle any such claim in any manner which
would impose liability, including monetary penalties or censure, on the Employee without his prior written consent, unless the Employee
would be harmed by such action.


 






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12.           Governing
Law; Submission to Jurisdiction; Jury Waiver. THIS AGREEMENT SHALL BE EXCLUSIVELY GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH
THE LAWS OF THE STATE OF TEXAS, WITHOUT REGARD TO CONFLICTS OF LAW DOCTRINE. THE VENUE FOR ANY ENFORCEMENT OF THE ARBITRATION AWARD SHALL
BE EXCLUSIVELY IN THE COURTS IN DALLAS, TEXAS, AND THE UNITED STATES DISTRICT COURT FOR THE NORTHERN DISTRICT OF TEXAS, DALLAS DIVISION.
THE PARTIES WAIVE ANY RIGHT TO A JURY TRIAL.


 


13.           Severability.
If any provision of this Agreement is declared or found to be illegal, unenforceable, or void, in whole or in part, then the Parties
will be relieved of all obligations arising under such provision, but only to the extent it is illegal, unenforceable, or void. The Parties
intend that this Agreement will be deemed amended by modifying any such illegal, unenforceable, or void provision to the extent necessary
to make it legal and enforceable while preserving its intent, or if such is not possible, by substituting therefor another provision
that is legal and enforceable and achieves the same objectives. Notwithstanding the foregoing, if the remainder of this Agreement will
not be affected by such declaration or finding and is capable of substantial performance, then each provision not so affected will be
enforced to the extent permitted by law.


 


14.           Waiver.
No delay or omission by any Party to this Agreement to exercise any right or power under this Agreement will impair such right or power
or be construed as a waiver thereof. A waiver by any of the Parties to this Agreement of any of the covenants to be performed by the
other or any breach thereof will not be construed to be a waiver of any succeeding breach thereof or of any other covenant contained
in this Agreement. All remedies provided for in this Agreement will be cumulative and in addition to and not in lieu of any other remedies
available to any Party at law, in equity or otherwise.


 


15.           Notices.
Any notices, consents, demands, requests, approvals and other communications to be given under this Agreement by any Party to the other
shall be deemed to have been duly given if given in writing and personally delivered or sent by mail (registered or certified) or by
a recognized “next-day delivery service” to the address set forth below a Party’s signature, with a courtesy copy provided
to the Company’s General Counsel.


 


16.           Entire
Agreement; Effectiveness. This Agreement represents the entire agreement relating to employment between the Company or any predecessor
or affiliate and Employee (including, without limitation, the Employment Agreement between Main Street Entertainment, Inc. and Employee,
dated as of July 16, 2019) and supersedes all previous oral and written and all contemporaneous oral negotiations or commitments,
writings and other understandings which, at the Effective Date, shall be deemed to be terminated and of no further force or effect. No
prior or subsequent promises, representation, or understandings relative to any terms or conditions of employment are to be considered
as part of this Agreement or as binding. This Agreement is not effective until the Effective Date, and for the avoidance of doubt, if
the Merger Agreement is terminated and the Closing Date does not occur, for any or no reason, this Agreement shall be null and void ab
initio.


 






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17.           Amendment.
This Agreement may be amended or modified only in a writing signed by the Parties hereto.


 


18.           Guarantee
of Payment and Performance. D&B agrees to guarantee in all respects the payment and performance obligations of D&B Management
set forth in this Agreement.


 


19.           Recoupment
Policy. The Company may recover amounts paid to Employee hereunder or under any other plan or program of, or agreement or arrangement
with, the Company, and any gain in respect of any equity awards granted to Employee, in accordance with any applicable Company clawback
or recoupment policy that is generally applicable to the Company’s other senior executives, as such policy may be amended and in
effect from time to time, or as otherwise required by applicable law or applicable stock exchange listing standards, including, without
limitation, Section 10D of the Securities Exchange Act of 1934, as amended.


 


20.           Section 280G.
Notwithstanding anything to the contrary in this Agreement, if Employee is a “disqualified individual” (as defined in Section 280G(c) of
the Internal Revenue Code of 1986, as amended (the “Code”)), and the payments and benefits provided for in this Agreement,
together with any other payments and benefits which Employee has the right to receive from the Company or any of its affiliates, would
constitute a “parachute payment” (as defined in Section 280G(b)(2) of the Code), then the payments and benefits
provided for in this Agreement shall be either (a) reduced (but not below zero) so that the present value of such total amounts
and benefits received by Employee from the Company and its affiliates will be one dollar ($1.00) less than three times Employee’s
 “base amount” (as defined in Section 280G(b)(3) of the Code) and so that no portion of such amounts and benefits
received by Employee shall be subject to the excise tax imposed by Section 4999 of the Code or (b) paid in full, whichever
produces the better net after-tax position to Employee (taking into account any applicable excise tax under Section 4999 of the
Code and any other applicable taxes). The reduction of payments and benefits hereunder, if applicable, shall be made by reducing, first,
payments or benefits to be paid in cash hereunder in the order in which such payment or benefit would be paid or provided (beginning
with such payment or benefit that would be made last in time and continuing, to the extent necessary, through to such payment or benefit
that would be made first in time) and, then, reducing any benefit to be provided in-kind hereunder in a similar order. The determination
as to whether any such reduction in the amount of the payments and benefits provided hereunder is necessary shall be made by a nationally
recognized accounting firm or other professional organization that is a certified public accounting firm recognized as an expert in determinations
and calculations for purposes of Section 280G of the Code selected by the Company prior to the change in control (the “Accounting
Firm”). All reasonable fees and expenses of the Accounting Firm shall be borne solely by the Company. Nothing in this Section 20
shall require the Company to be responsible for, or have any liability or obligation with respect to, Employee’s excise tax
liabilities under Section 4999 of the Code, if any.


 






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21.           Withholding.
The Company shall be entitled to withhold from any amounts to be paid or benefits provided to the Employee hereunder any federal, state,
local, or foreign withholding or other taxes or charges which it is from time to time required to withhold. The Company shall be entitled
to rely on an opinion of counsel or tax preparer if any question as to the amount or requirement of any such withholding shall arise.


 


22.           Acknowledgment.
By signing below, as a material inducement to the Company entering into this Agreement, Employee unconditionally represents and warrants
that: (a) Employee has been advised to consult with an attorney regarding the terms of this Agreement; (b) Employee has consulted
with, or has had sufficient opportunity to consult with Employee’s own counsel or other advisors regarding the terms of this Agreement;
(c) Employee has relied solely on Employee’s own judgment and that of Employee’s attorneys, advisors, and representatives
regarding the consideration for, and the terms of, this Agreement; (d) any and all questions regarding the terms of this Agreement
have been asked and answered to Employee’s complete satisfaction; (e) Employee has read this Agreement and fully understand
its terms and their import; and (f) Employee is entering into this Agreement voluntarily, of Employee’s own free will, and
without any duress, coercion, fraudulent inducement, or undue influence exerted by or on behalf of any other Party or any other person
or entity.


 


23.           Counterparts.
This Agreement may be signed in any number of counterparts with the same effect as if the signatures to each counterpart were upon a
single instrument, and all such counterparts together shall be deemed an original of this Agreement.


 


[The remainder of this page is intentionally
left blank.]


 






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IN WITNESS WHEREOF, the Parties hereto have caused
this Agreement to be duly executed as of the Effective Date.


 


	 	COMPANY:
	 	 
	 	DAVE & BUSTER’S
    MANAGEMENT

    CORPORATION, INC.
	 	 
	 	By:	/s/ Rob Edmund
	 	 	Name:	Rob Edmund
	 	 	Title: 	General Counsel, SVP HR
	 	 
	 	Address: 	1221 S. Belt Line Road, #500
 Coppell, TX 75019
	 	 
	 	DAVE & BUSTER’S
    ENTERTAINMENT, INC.
	 	 
	 	By:	/s/ Kevin Sheehan
	 	 	Name:	Kevin Sheehan
	 	 	Title:	Board Chairman and Interim Chief Executive Officer
	 	 
	 	Address: 	1221 S. Belt Line Road, #500
 Coppell, TX 75019
	 	 
	 	EMPLOYEE:
	 	 
	 	/s/
    Christopher Morris
	 	Printed Name: Christopher Morris
	 	 
	 	Address:	 
	 	 	 	 










 


[signature
page to employment agreement]


 






    


     


    

 


Appendix A 


Competitive Businesses


 


The following non-exhaustive list of businesses
or brands shall each be considered a “Competitive Business” as defined in the Employment Agreement, by and among Dave &
Buster’s Management Corporation, Inc., Dave & Buster’s Entertainment, Inc. and Christopher Morris (the
 “Employment Agreement”), along with (a) the entities that operate or own such businesses or brands, (b) the
successors of such businesses or brands and (c) the respective parent or ultimate parent companies or affiliates of such businesses
or brands, if the employee works for or provides consulting services to such businesses or brands.


 


		•	Andretti Karting & Games






		•	Barcade






		•	Big Al’s






		•	Big Shots Golf






		•	Boomers Parks






		•	Bowlmor / Bowlero / AMF






		•	Buffalo Wild Wings






		•	Chuck E. Cheese/Peter Piper Pizza






		•	Cinergy Entertainment Group






		•	Drive Shack






		•	EVO Entertainment






		•	Fox & Hound Sports Tavern






		•	Gameworks






		•	John’s Incredible Pizza






		•	K1 Speed






		•	Kings Bowling






		•	Live! Brand by the Cordish Companies






		•	Lucky Strike Entertainment






		•	Pinstack






		•	Pinstripes






		•	Punch Bowl Social






		•	Puttshack






		•	Puttery






		•	The Rec Room






		•	Round One Entertainment






		•	Scene 75 Entertainment Centers






		•	Top Golf/Top Golf International



 






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