EX-10.1



 Exhibit 10.1 

AMENDMENT TO 
 MATCHING
PERFORMANCE 
 RESTRICTED STOCK UNIT AWARD AGREEMENT 

This is an amendment dated as of October 12, 2015 (the “Amendment”) to the Matching Performance Restricted Stock Unit
Award Agreement, dated as of September 4, 2015 (the “PRSU Agreement”), between Scott Thompson (“Recipient”) and Tempur Sealy International, Inc., a Delaware corporation (the “Company”). 

Recipient and the Company wish to amend the PRSU Agreement to modify the performance goal used in the PRSU Agreement for purposes of
Section 162(m) of the Code. 
 Accordingly, the parties hereto agree as follows: 

1. Amendments. (a) Section 3(d) of the PRSU Agreement is amended in its entirety to read as follows: 

“(d) Performance Condition for Vesting. Notwithstanding anything in this Agreement to the contrary, if the Company does not have
positive Profits for 2016, then all Performance Restricted Stock Units (whether or not Vested PRSUs) shall terminate immediately and be forfeited. The calculation of Profits is described in Appendix B hereto. 

(b) Appendix B to the PRSU Agreement is hereby amended in its entirety to read as set forth in Appendix B hereto. 

2. Remaining Provisions. All other provisions of the PRSU Agreement remain in full force and effect, unmodified by this Amendment. 

3. Miscellaneous. Capitalized terms used herein without definitions have the meanings given them in the PRSU Agreement. This Amendment
may be signed and delivered in counterparts. 
 IN WITNESS WHEREOF the parties have signed this Amendment as of the date first set forth
above. 
  

			
	TEMPUR SEALY INTERNATIONAL, INC.
		
	By:	 	 /s/ Brad Patrick

		 	Name: Brad Patrick
		 	Title: Executive Vice President and Chief           Human Resources Officer
	
	 /s/ Scott L. Thompson

	Scott L. Thompson









 Appendix B 

PERFORMANCE METRICS FOR THE AWARD 

DETERMINATION OF FINAL AWARD 

(a) Target Based on Profits. Subject to Section 3 and Section 4 of the Agreement, 100% of the Performance Restricted
Stock Units shall vest if the Company has positive Profits (i.e. greater than $0) for the year ended December 31, 2016. 

(b) Definitions and Method of Calculating Performance Metrics. Whether the Performance Metric has been met shall be determined
pursuant to the following provisions and rules: 
 As used in this Appendix B: 

“Profits” means, for 2016, the Company’s consolidated income before income taxes for 2016, determined in accordance with
generally accepted accounting principles and derived from the Company’s audited consolidated financial statements for 2016 as included in the Company’s annual report on Form 10-K filed with the Securities and Exchange Commission, in each
case subject to adjustment as set forth in this paragraph (b). 
 Mandatory Adjustments: The Compensation Committee shall be required
to make adjustments to the targets set forth in paragraph (a) above to exclude the effects of acquisitions or divestitures of businesses, or asset acquisitions or dispositions outside the ordinary course of business (including costs to
restructure or integrate the newly acquired business or assets); labor union actions; effects of changes in tax laws; effects of changes in accounting principles; costs associated with the financing, refinancing or prepayment of debt, or
recapitalization or similar event affecting the capital structure of the Company; or a merger, consolidation, acquisition of property or shares, separation, spin off, reorganization, stock rights offering, liquidation, or similar event affecting the
Company or any of its Subsidiaries.