**Exhibit 10.2**

**AMENDED AND RESTATED**

**EMPLOYMENT AGREEMENT**

This Amended and Restated Employment Agreement (the “Agreement”) is entered into on the             day of                 ,             (the “Effective Date”), between Dave & Buster’s Management Corporation, Inc., a Delaware corporation (“D&B Management”), Dave &Buster’s, Inc., a Missouri corporation (“D&B”), and                      (the “Employee”). D&B Management andD&B are collectively referred to herein as the “Company”. 

**WHEREAS,** D&B and Employee entered into that certainEmployment Agreement, dated                           ,             (the “Employment Agreement”); 

**WHEREAS,** it is the intention of D&B and Employee to modify the Employment Agreement toreflect the fact that D&B Management shall serve as the employer of Employee while D&B will guarantee all the obligations of D&B Management set forth in this Agreement; and 

**WHEREAS,** it is the intention of D&B and Employee to make certain other modifications to the Employment Agreement. 

**NOW, THEREFORE,** for and in consideration of the promises herein contained and other good and valuable consideration, the sufficiency of which ishereby acknowledged, D&B, D&B Management, and Employee agree to amend and restate the Employment Agreement in its entirety to provide as follows: 

1. **Employment/Duties**. D&B Management agrees to employ Employee and D&B agrees that Employee shall serveas                                                 of D&B. Employee will be responsible for performing those duties that are customarily associated with the position of a                                                 and other such reasonable duties that are assigned by the Company from time-to-time. The Company or its affiliates will provide appropriate training to Employee to permit him to perform his dutiescompetently. 

2. **Term of Agreement**. This Agreement shall be in effect for two years from the Effective Date of this Agreementunless it is terminated earlier under the terms of Paragraph 8 of this Agreement; provided, however, that commencing on the date two years after the Effective Date, and on each annual anniversary of such date (such date and each annualanniversary thereof shall be hereinafter referred to as the “Renewal 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 of thisAgreement. The parties agree that unless specifically stated otherwise, the obligations created in Paragraphs 6, 7, 9, and 10 of this Agreement will survive the termination of this Agreement and of Employee’s employment with D&BManagement. 

3. **Employee’s Responsibilities**. Employee agrees that unless specifically stated otherwise, during the termof Employee’s employment by D&B Management, Employee will devote Employee’s full business time and best efforts and abilities to the performance of Employee’s duties for the Company. Employee agrees to act with the best interestof the Company in mind 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 thegoodwill of its employees and persons having business relations with the Company. Employee will comply with all applicable laws and all of the Company’s policies and procedures. Notwithstanding anything contained herein to the contrary, if(a) Employee complies with the terms and provisions of D&B’s Ethical Business Policy, as the same may be revised from time-to-time, and (b) Employee’s activities do not interfere with Employee’s obligations to theCompany, then, during the term of the 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-profitinstitutions, and (z) manage personal investments. 

4. **No Limitations**. Employee warrants and represents that there is nocontractual, 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 for the Company. 

5. **Compensation and Benefits**. 

(a) Base Salary. During the term of this Agreement, D&B Management will pay to Employee a base salary of $                     per year. The base salary will be paid bi-weekly on regularly scheduled paydays determined by the Company. Employee shall begiven an annual performance evaluation and receive an annual salary increase commensurate with both Employee’s performance during such year and salary increases given to other officers of D&B receiving similar performance evaluations.

 

(b) Annual Bonus. During the term of this Agreement, the Employee will be eligibleto receive an annual bonus as determined by the Company based upon the attainment of a combination of individual and Company goals during a fiscal year. Employee’s individual participation percentage in the bonus plan is equal to 50% of suchEmployee’s base salary for the fiscal year. 

(c) Automobile. The Employee shall be entitled to an automobileallowance to be applied toward the use of an automobile for business purposes during the term of this Agreement, in an amount equal to$                     per year, payable in accordance with the Company’s standard payroll procedures. 

(d) Retirement and Welfare Plans****. Employee shall be eligible to participate in any profit sharing, qualified andnonqualified retirement plans, and any health, life, accident, disability insurance, sick leave, supplemental medical reimbursement insurance (Exec-U-Care) or other benefit plans or programs made available to similarly situated employees of theCompany as of the Effective Date (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 and programs. Nothing contained hereinshall limit the right of the Company, in its sole and absolute discretion, to modify or discontinue any of the Plans. 

(e)Vacation. Subject to Company’s generally applicable policies relating to vacations, Employee shall be entitled to paid vacation commensurate with Employee’s position and tenure with the Company, but in no event less than four(4) weeks paid vacation during each calendar year. 

(f) Office and Support Staff. All equipment, supplies, andsecretarial staff reasonably required in the performance of the Employee’s duties shall be supplied by the Company. Employee shall be entitled to a fully furnished and appointed office comparable in size, furnishings and decorations to theoffices of other                      vice presidents of D&B and the facilities of the Company shall be generally available to Employee in theperformance of Employee’s duties. 

(g) Other Benefits. The Company will provide Employee with health insurance,vacation, and the other employment benefits the Company provides to its full-time executive employees. 

(h) Expenses.The Company shall reimburse the Employee for all business expenses reasonably 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 policies and procedures. Reimbursement shall be made upon submission by Employee of vouchers or an itemized list thereof. 

(i) Country Club Membership. The Employee shall be entitled to an allowance for country club membership to be applied toward duesfor business use of such club in an amount equal to $                      per year, payable in accordance with the Company’s standard payrollprocedures. 

(j) Changes in Benefits. Any changes to base salary, annual bonus, automobile allowance or otherbenefits paid to Employee during the term of this Agreement shall be memorialized by a written amendment to this Agreement executed by the Company and Employee. 

6. **Training and Confidential Information**. The Company will provide Employee with such specialized training as the Company, in its sole discretion, deems necessary or beneficial to the performance ofEmployee’s job duties. The Company will also provide Employee with confidential and proprietary information not previously known by Employee regarding the Company’s clients, vendors, employees, sales, purchasing, pricing, services,computer programs, operations, marketing plans and financial performance. Employee understands and agrees that during and after the term of his employment with the Company that he will not directly or indirectly use or disclose any such confidentialor proprietary information for any reason other than the advancement of the Company’s business interests. The parties agree that the restrictions in this Paragraph 6 regarding confidential information do not cover public information,information created by entities other than the Company for dissemination to the public or information generally known in the Company’s industry. 

7. **Restrictive Covenants**. Employee agrees that the Company’s commitment described in Paragraph 6 above to provide Employee training and the Company’s Confidential Information gives riseto the Company’s interest in restraining Employee from competing against it and that the restrictions in this Paragraph 7 are designed to enforce Employee’s promise in Paragraph 6 not to disclose or use any ConfidentialInformation, except where necessary for Employee to perform his job duties for the Company. Employee recognizes and agrees that these restrictions are necessary to protect the Company’s customer base, good will, confidential information andother business interests. 

 
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(a) Non-Competition. Employee agrees that during his employment with D&BManagement, Employee will not, without the prior written consent of the Company, directly or indirectly, either on his own behalf or on behalf of any person, partnership, limited liability company, corporation, association, or otherwise, invest in(other than an investment in a publicly-owned company which constitutes not more than 1% of the voting securities) any business in the restaurant or entertainment industry which is engaged in business activities which are in competition with thebusiness activities of the Company. 

(b) Non-Hire. Employee agrees that during his employment with D&B Managementand for a one (1) year period following the termination of his employment with D&B Management, he will not directly or indirectly, on his own behalf or on behalf of any other person or business entity, (i) hire any person employed byD&B Management during the sixty (60) days prior to Employee’s termination in the Company’s corporate headquarters or within its operations group in the position of general manager, regional operations director or any positionsenior to those managers (each being a “Restricted Employee”), (ii) attempt to influence any Restricted Employee employed by D&B Management at the time of Employee’s termination to leave his or his employment or(iii) use or disclose to any person or business entity any personal information regarding any of D&B Management’s employees. 

(c) Non-Interference. Employee agrees that for a one (1) year period following the termination of his employment with D&B Management, he will not, directly or indirectly, on his own behalf or on behalfof any other person or business entity, interfere with the Company’s relationship with any person who at the relevant time is an employee, contractor, supplier, or customer of D&B Management. 

(d) Non-Access. Employee agrees that following the termination of his employment with D&B Management, he will not access theCompany’s computer systems, download files or any information from the Company’s computer systems or in any way interfere, disrupt, modify or change any computer program used by the Company or any data stored on the Company’s computersystems. 

(e) No Restriction on Employment. It is expressly understood and agreed that notwithstanding anything inthis Agreement to the contrary, including, without limitation, Paragraphs 7(a) through 7(d) hereof, there shall be no restriction on Employee’s employment (whether by an employer in a competitive industry or otherwise) followingthe termination of Employee’s employment with D&B Management and Employee shall be entitled to immediately thereafter compete with the Company. 

8. **Termination of Agreement**. 

(a) Death or Disability. This Agreementshall 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 impairmentwhich can be expected to result in death or can be expected to last for a continuous period of not less than 12 months, or is, by reason of any medically determinable physical or mental impairment which can be expected to result in death or can beexpected to last for a continuous periods of not less than 12 months, receiving income replacement benefits for a period of not less than 3 months under an accident and health plan covering employees of D&B Management. The determination ofEmployee’s disability shall be made in good faith by a physician reasonably acceptable to the Company. 

(b) UponNotice. The Employee may terminate this Agreement at any time during the term by giving the Company no less than thirty (30) days’ prior written notice of the date of termination. Promptly after the Employee gives such notice, theparties shall meet and in good faith confer regarding the Employee’s work responsibilities during the remainder of the notice period. During the remainder of the notice period, Employee agrees to use Employee’s best efforts to continueperforming 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 Company, failure to follow reasonable business-related directionsfrom the Company, gross insubordination, theft from the Company or its affiliates, habitual absenteeism, conviction of a felony, or any other reckless or willful misconduct that is contrary to the best interests of the Company or materially andadversely affects the reputation of the Company. If the Company 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 Company shall provide written notice to the employee setting forth: (A) the Company’s intent to terminate the Employee’s employment for cause, and (B) the reasons for the Company’s intent to terminate theEmployee’s 

 
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employment for Cause. The Employee shall have ten (10) business days following the receipt of such notice to cure the alleged breach. The Company mayterminate 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 Company shallprovide written notice to Employee setting forth: (X) the reasons for the Company’s intent to terminate Employee’s employment “for cause” and (Y) the basis for the Company’s determination that such event is notreadily curable. 

(d) For Good Reason. The Employee may terminate this Agreement without any prior written notice tothe 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 and the failure of the Company to remedy suchbreach within ten (10) days following the delivery of written notice of such breach by the Employee to the Company; (ii) the Company’s relocation of the office where Employee performs his duties; (iii) assignment to the Employeeof 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 diminution in such position, authorities, dutiesor responsibilities; (iv) substantial change in organizational reporting relationships as compared to the Effective Date that will 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. 

(e) Severance Payand Release. In the event that the Employee’s employment under this Agreement is terminated for reasons other than upon notice from the Employee as provided in Paragraph 8(b) or “for cause” as defined in Paragraph8(c), the Company shall, conditioned upon the Employee’s compliance with this Agreement and upon the Employee’s execution of a general release in favor of the Company, its Board of Directors, affiliates, and employees, in such form asreasonably approved by the Company and the Employee (the “Release”), pay to the Employee: (i) twelve (12) months of severance pay at the Employee’s then current base salary (adjusted, if applicable, as described below totake 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 expiration ofthe applicable statutory periods for considering and revoking the Release, determined without regard to when the Employee executes the Release (the “Release Date”), and subject to all applicable withholding (it being agreed that the sum ofthe after-tax value of these monthly payments and any income replacement benefits received from Company-provided disability insurance as described in Paragraph 8(a) above shall not exceed the after-tax value of the Employee’sthen-current base salary, (ii) an amount equal to the annual bonus, if any, earned 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 underthe 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 of the Company following the Release Date which will be in the same calendar year as the calendaryear in which the amounts would have been paid under the bonus plan, (iii) the prorata portion of the annual bonus, if any, earned by the Employee for the then-current fiscal year (such bonus shall be paid to the Employee in the calendar yearin 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, in accordance with the Company’s standard procedures for paying any such bonus to other employees,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 that areequal to the monthly payment being made to the Employee under Paragraph 5(c) at the time of the Employee’s termination commencing on the first payroll date of the Company following the Release Date, and (v) monthly payments for aperiod of six (6) 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 of the Company following the Release Date, andsubject 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 theConsolidated Omnibus Budget Reconciliation Act of 1985 (“COBRA”). In addition, the Employee shall be entitled to retain any stock options previously granted by the Company or WS Midway Holdings, Inc. to the Employee that are vested as ofthe date of the Employee’s termination, which options may be exercised pursuant to the terms of the applicable stock option agreements. In the event that this Agreement is terminated “for cause” pursuant to Paragraph 8(c), theCompany shall pay to the Employee only that compensation which has been earned by the Employee through the date of termination payable in accordance with the Company’s normal payroll practices. In the event that this Agreement is terminatedupon notice from the Employee pursuant to Paragraph 8(b), the Company shall pay to the Employee only (x) that compensation which has been earned by the Employee through the date of termination payable in accordance with theCompany’s normal payroll practices and (y) the annual bonus, if any, described in Paragraph 8(e)(ii) above. Notwithstanding any provision to the contrary in this Agreement, no amount shall be paid pursuant to Paragraph 8(e)unless the Employee’s termination of employment constitutes of “separation from service” (as such term is defined in Section 409A of the Internal Revenue Code). 

Employee agrees to return to the Company any payments received pursuant to this Paragraph 8 in the event that Employee does notfully comply with all post-employment obligations set out in this Agreement, including, but not limited to, the Restrictive Covenants set forth in Paragraph 7. 

 
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9. **Return of Property to the Company**. Upon the termination of Employee’s employment bythe Company, Employee agrees to immediately provide the Company with a written inventory of all Company-owned property in Employee’s possession or under Employee’s control and to immediately return to the Company all Company-owned propertyin Employee’s possession or control. After the termination of Employee’s employment, Employee will not retain copies of any documents or other property belonging to the Company. 

10. **Arbitration**. Any controversy, dispute or claim, except as set out below, arising out of or relating to this Agreement or the terms andconditions of employment of Employee, including, but not limited to, claims of breach of contract, shall be settled by final and binding arbitration in accordance with the Arbitration Rules of the American Arbitration Association, and judgment onthe award rendered by the arbitrator may be entered in any court having jurisdiction thereof. However, the parties agree that this Paragraph 10 shall not preclude the Company from filing a petition in court seeking equitable relief in theform of a temporary restraining order or temporary or permanent injunction for alleged violations of Employee’s obligations under Paragraphs 6 and 7. A party shall have the right to pursue the same causes of action and obtain the samedamages in arbitration that the party could pursue in any court. Any arbitration brought under the terms of this Agreement shall be conducted in the following manner: 

(a) A party wishing to pursue a claim under this Paragraph 10 must give the other party a written Notice of Claim within ninety(90) days after the event which gave rise to the claim occurred. The party receiving a Notice of Claim shall within thirty (30) days serve the other party with a written response to the Notice of Claim. If the party initiating the claim isnot satisfied with the response, the party initiating the claim shall notify the other party in writing that the claim shall be resolved by arbitration. 

(b) The arbitrator shall be selected by agreement of the parties within thirty (30) days of the receipt of the written notice that the claim shall be resolved by arbitration. In the event that the parties cannotagree upon an arbitrator, each party shall choose one arbitrator. The arbitrators selected by the parties shall select one arbitrator, by mutual agreement. In the event of a deadlock, either party may petition a court of competent jurisdiction toselect an arbitrator. 

(c) The arbitration hearing shall be held at a mutually agreeable site in Dallas, Texas. 

(d) The arbitration hearing must be held within sixty (60) days of the date on which the arbitrator is selected. 

(e) The arbitrator shall follow the Employment Arbitration Rules of the American Arbitration Association, except as otherwise agreed bythe parties. The arbitrator shall substantially comply with the Texas rules of evidence; shall grant essential but limited discovery; shall provide for the exchange of witness lists and exhibit copies; shall conduct a pretrial hearing; and shallconsider dispositive motions. The arbitrator has the right to refer the parties to a non-binding mediation prior to the arbitration hearing but such mediation shall not extend the deadlines established in this Paragraph 10. Each party shallhave the right to request the arbitrator to make findings of specific factual issues. 

(f) The expenses of the arbitrationshall be borne in such proportion as the arbitrator shall decide. 

(g) Any deviation from subparagraphs (a) through(e) above must be set out in writing and signed by both the Company and Employee. 

11. **Indemnification**. The Companyshall indemnify Employee to the fullest extent permitted by 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 incurredby 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 expensesincurred 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 isdetermined 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 orcensure, on the Employee without his prior written consent. 

12. **Choice of Law; Venue**. The parties agree that this Agreementshall be construed under the laws of the State of Texas. Jurisdiction and venue with respect to any dispute arising under this Agreement shall be in the courts of Dallas County, Texas. 

 
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13. **Severability**. If any provision of this Agreement is declared or found to be illegal,unenforceable, or void, in whole or in part, then both 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 deemedamended 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 andenforceable 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 willbe enforced to the extent permitted by law. 

14. **Waiver**. No delay or omission by either party to this Agreement to exerciseany right or power under this Agreement will impair such right or power or be construed as a waiver thereof. A waiver by either of the parties to this Agreement of any of the covenants to be performed by the other or any breach thereof will not beconstrued 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 toeither party at law, in equity or otherwise. 

15. **Notices**. Any notices, consents, demands, requests, approvals and othercommunications to be given under this Agreement by either 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 deliveryservice” to the address set forth below a party’s signature. 

16. **Entire Agreement**. This Agreement represents theentire agreement relating to employment between the Company and Employee and supersedes all previous oral and written and all contemporaneous oral negotiations or commitments, writings and other understandings. 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. 

17. **Amendment**. This Agreement may be amended only in a writing signed by both parties. 

18. **Guarantee ofPayment 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. **Acknowledgment**. By signing below, the parties certify and represent that they have carefully read and considered the foregoing Agreement and fully understand all provisions of this Agreement andunderstand the consequences of signing this Agreement, and have signed this Agreement voluntarily and without coercion, undue influence, threats, or intimidations of any kind or type whatsoever. 

 
**EMPLOYEE:** 
** **

Address:
 
 
 
 
 
 

Date:
 
 
**COMPANY:****DAVE & BUSTER’S MANAGEMENT CORPORATION, INC.**
By:
 
 
 Stephen M. King, President
Address:
 2481 Manana Drive Dallas, Texas 75220
Date:
 
 

 
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**D&B:****DAVE & BUSTER’S, INC.**By: 
 
 Stephen M. King, Chief Executive OfficerAddress: 2481 Manana Drive Dallas, Texas 75220Date: 
 

 
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