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                                                                   EXHIBIT 10.31

                             EMPLOYMENT AGREEMENT

     This Employment Agreement is made as of December 31, 2000, by Domino's
Pizza LLC, a Michigan limited liability corporation (the "Company") with Patrick
Knotts (the "Executive").

                                   RECITALS
                                   --------

     1.   The Executive has experience and expertise required by the Company and
          its Affiliates.

     2.   Subject to the terms and conditions hereinafter set forth, the Company
          therefore wishes to employ the Executive as its Executive Vice
          President - Corporate Operations and the Executive wishes to accept
          such employment.

                                   AGREEMENT
                                   ---------

     NOW, THEREFORE, for valid consideration received, the parties agree as
     follows:

     1.   Employment. Subject to the terms and condition set forth in this
          ----------
          Agreement, the Company offers and the Executive accepts employment
          hereunder effective as of the date first set forth above (the
          "Effective Date").

     2.   Term. Subject to earlier termination as hereafter provided, the
          ----
          Executive shall be employed hereunder for an original term of three
          (3) years which term shall be automatically extended thereafter for
          successive terms of one year each, unless either party provides notice
          to the other at least 30 days prior to the expiration of the original
          or any extension term that this Agreement is not to be extended. The
          term of the Executive's employment under this Agreement, as from time
          to time extended, is referred to as the "Term."

     3.   Capacity and Performance.
          ------------------------

          3.1  Offices. During the Term, the Executive shall serve the Company
               -------
          in the office of Executive Vice President - Corporate Operations. The
          Executive shall have such other powers, duties and responsibilities
          consistent with the Executive's position as Executive Vice President -
          Corporate Operations as may from time to time be prescribed by the
          Chief Executive Officer of the Company ("CEO").

          3.2  Performance. During the Term, the Executive shall be employed by
               -----------
          the Company on a full-time basis and shall perform and discharge,
          faithfully, diligently and to the best of his ability, his duties and
          responsibilities hereunder. During the Term, the Executive shall
          devote his full business time exclusively to the advancement of the
          business and interests of the Company and its Affiliates and to the
          discharge of his duties and responsibilities hereunder. The Executive
          shall not engage in any other

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          business activity or serve in any industry, trade, professional,
          governmental, political, charitable or academic position during the
          Term of this Agreement, except for such directorships or other
          positions which he currently holds and has disclosed to the CEO in
          Exhibit 3.2 hereof and except as otherwise may be approved in advance
          -----------
          by the CEO.

     4.   Compensation and Benefits. During the Term, as compensation for all
          -------------------------
          services performed by the Executive under this Agreement and subject
          to performance of the Executive's duties and obligations to the
          Company and its Affiliates, pursuant to this Agreement or otherwise,
          the Executive shall receive the following:

          4.1  Base Salary. Commencing on the date hereof, the Company shall pay
               -----------
          the Executive a base salary at the rate of Two Hundred Eighty Five
          Thousand Dollars ($285,000) per year, payable in accordance with the
          payroll practices of the Company for its executives and subject to
          such increases as the Board of Directors of the Company (the "Board")
          in its sole discretion may determine from time to time (the "Base
          Salary").

          4.2  Bonus.
               -----

               (a)  Formula Bonus. Subject to Section 5 hereof, the Company
                    -------------
               shall pay the Executive a bonus in each fiscal year that he is an
               employee (the "Bonus") within 75 days of the end of the fiscal
               year in which such Bonus is earned. The amount of the Bonus shall
               be determined by the Board based on the Company's achievement of
               pre-established annual targets (each annual target being referred
               to as "Target"), which shall be based upon the Company's EBITDA.
               The term "EBITDA" shall mean earnings before interest, taxes,
               depreciation, amortization, Leadership Team bonuses, and loss or
               gain on sale or disposal of assets outside of the ordinary course
               of business (including sales of stores), all as reflected on the
               Company's financial statements as regularly and consistently
               prepared. No Bonus shall be paid unless 90% of Target is exceeded
               in the applicable fiscal year. The Executive shall receive a
               bonus of seventy five one thousandths of one percent (0. 075%) of
               his Base Salary for every one- hundredth of one percent (0.01%)
               (rounded to the nearest hundredth) in excess of 90% of Target
               that is achieved in the applicable fiscal year. By way of example
               only, if 100% of Target is achieved, Executive would receive a
               Bonus under this Section 4.2(a) equal to 75% of Executive's Base
               Salary.

               (b)  Discretionary Bonus. The Executive shall also be eligible
                    -------------------
               for an annual discretionary bonus, the amount of which is
               determined in the sole discretion of the CEO based on subjective
               and objective criteria established by the CEO, of up to 25% of
               Base Salary.

               (c)  Pro-Ration. Anything to the contrary in this Agreement
                    ----------
               notwithstanding, any Bonus payable to the Executive in this
               Agreement for any period of service less than a full year shall
               be prorated by multiplying (x) the

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               amount of the Bonus otherwise payable for the applicable fiscal
               year in accordance with this Section 4.2 by (y) a fraction, the
               denominator of which shall be 365 and the numerator of which
               shall be the number of days during the applicable fiscal year for
               which the Executive was employed by the Company.

          4.3  Vacations. During the Term, the Executive shall be entitled to
               ---------
          four weeks of vacation per calendar year, to be taken at such times
          and intervals as shall be determined by the Executive, subject to the
          reasonable business needs of the Company. The Executive may not
          accumulate or carry over from one calendar year to another any unused,
          accrued vacation time. The Executive shall not be entitled to
          compensation for vacation time not taken.

          4.4  Other Benefits. During the Term and subject to any contribution
               --------------
          therefor required of executives of the Company generally, the
          Executive shall be entitled to participate in all employee benefit
          plans, including without limitation any 401(k) plan, from time to time
          adopted by the Board and in effect for executives of the Company
          generally (except to the extent such plans are in a category of
          benefit otherwise provided the Executive hereunder). Such
          participation shall be subject to (i) the terms of the applicable plan
          documents and (ii) generally applicable policies of the Company. The
          Company may alter, modify, add to or delete any aspects of its
          employee benefit plans at any time as the Board, in its sole judgment,
          determines to be appropriate.

          4.5  Business Expenses. The Company shall pay or reimburse the
               -----------------
          Executive for all reasonable business expenses, including without
          limitation the cost of first class air travel and dues for industry-
          related association memberships, incurred or paid by the Executive in
          the performance of his duties and responsibilities hereunder, subject
          to (i) any expense policy of the Company set by the Board from time to
          time, and (ii) such reasonable substantiation and documentation
          requirements as may be specified by the Board or CEO from time to
          time.

          4.6  Airline Clubs. Upon receiving the prior written approval of the
               -------------
          CEO authorizing the Executive to join a particular airline club, the
          Company shall pay or reimburse the Executive for dues for not less
          than two nor more than four airline clubs, provided such club
          memberships serve a direct business purpose and subject to such
          reasonable substantiation and documentation requirements as to cost
          and purpose as may be specified by the CEO from time to time.

          4.7  Physicals. The Company shall annually pay for or reimburse the
               ---------
          Executive for the cost of a physical examination and health evaluation
          performed by a licensed medical doctor, subject to such reasonable
          substantiation and documentation requirements as to cost as may be
          specified by the Board or CEO from time to time.

          4.8  Nonqualified Plan. The Executive agrees that the Company may
               -----------------
          amend its nonqualified deferred compensation plan to exclude the
          Executive from receiving benefits based upon any deferral matching
          credit or formula.

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     5.   Termination of Employment and Severance Benefit. Notwithstanding the
          -----------------------------------------------
          provisions of Section 2 hereof, the Executive's employment hereunder
          shall terminate prior to the expiration of the term of this Agreement
          under the following circumstances:

          5.1  Retirement or Death. In the event of the Executive's retirement
               -------------------
          or death during the Term, the Executive's employment hereunder shall
          immediately and automatically terminate. In the event of the
          Executive's retirement after the age of 65 with the prior consent of
          the Board or death during the Term, the Company shall pay to the
          Executive (or in the case of death, the Executive's designated
          beneficiary or, if no beneficiary has been designated by the
          Executive, to his estate) any Base Salary earned but unpaid through
          the date of such retirement or death, any Bonus for the fiscal year
          preceding the year in which such retirement or death occurs that was
          earned but has not yet been paid and, at the times the Company pays
          its executives bonuses in accordance with its general payroll
          policies, an amount equal to that portion of any Bonus earned but
          unpaid during the fiscal year of such retirement or death (prorated in
          accordance with Section 4.2).

          5.2  Disability.
               ----------

               5.2.1   The Company may terminate the Executive's employment
               hereunder, upon notice to the Executive, in the event that the
               Executive becomes disabled during his employment hereunder
               through any illness, injury, accident or condition of either a
               physical or psychological nature and, as a result, is unable to
               perform substantially all of his duties and responsibilities
               hereunder for an aggregate of 120 days during any period of 365
               consecutive calendar days.

               5.2.2   The Board may designate another employee to act in the
               Executive's place during any period of the Executive's
               disability. Notwithstanding any such designation, the Executive
               shall continue to receive the Base Salary in accordance with
               Section 4.1 and to receive benefits in accordance with Section
               4.5, to the extent permitted by the then current terms of the
               applicable benefit plans, until the Executive becomes eligible
               for disability income benefits under any disability income plan
               maintained by the Company, or until the termination of his
               employment, whichever shall first occur. Upon becoming so
               eligible, or upon such termination, whichever shall first occur,
               the Company shall pay to the Executive any Base Salary earned but
               unpaid through the date of such eligibility or termination and
               any Bonus for the fiscal year preceding the year of such
               eligibility or termination that was earned but unpaid. At the
               times the Company pays its executives bonuses generally, the
               Company shall pay the Executive an amount equal to that portion
               of any Bonus earned but unpaid during the fiscal year of such
               eligibility or termination (prorated in accordance with Section
               4.2). During the 18-month period from the date of such
               eligibility or termination, the Company shall pay the Executive,
               at its regular pay periods, an amount equal to the difference
               between the Base Salary and the amounts of

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               disability income benefits that the Executive receives pursuant
               to the above-referenced disability income plan in respect of such
               period.

               5.2.3   Except as provided in Section 5.2.2, while receiving
               disability income payments under any disability income plan
               maintained by the Company, the Executive shall not be entitled to
               receive any Base Salary under Section 4.1 or Bonus payments under
               Section 4.2 but shall continue to participate in benefit plans of
               the Company in accordance with Section 4.4 and the terms of such
               plans, until the termination of his employment. During the
               18-month period from the date of eligibility or termination,
               whichever shall first occur, the Company shall contribute to the
               cost of the Executive's participation in group medical plans of
               the Company, provided that the Executive is entitled to continue
               such participation under applicable law and plan terms.

               5.2.4   If any question shall arise as to whether during any
               period the Executive is disabled through any illness, injury,
               accident or condition of either a physical or psychological
               nature so as to be unable to perform substantially all of his
               duties and responsibilities hereunder, the Executive may, and at
               the request of the Company shall, submit to a medical examination
               by a physician selected by the Company to whom the Executive or
               his duly appointed guardian, if any, has no reasonable objection,
               to determine whether the Executive is so disabled and such
               determination shall for the purposes of this Agreement be
               conclusive of the issue. If such question shall arise and the
               Executive shall fail to submit to such medical examination, the
               Board's determination of the issue shall be binding on the
               Executive.

          5.3  By the Company for Cause. The Company may terminate the
               ------------------------
          Executive's employment hereunder for Cause at any time upon notice to
          the Executive setting forth in reasonable detail the nature of such
          Cause. The following events or conditions shall constitute "Cause" for
          termination: (i) Executive's willful failure to perform (other than by
          reason of disability), or gross negligence in the performance of his
          duties to the Company or any of its Affiliates and the continuation of
          such failure or negligence for a period of ten (10) days after notice
          to the Executive; (ii) the Executive's willful failure to perform
          (other than by reason of disability) any lawful and reasonable
          directive of the CEO; (iii) the commission of fraud, embezzlement or
          theft by the Executive with respect to the Company or any of its
          Affiliates; or (iv) the conviction of the Executive of, or plea by the
          Executive of nolo contendere to, any felony or any other crime
          involving dishonesty or moral turpitude. Anything to the contrary in
          this Agreement notwithstanding, upon the giving of notice of
          termination of the Executive's employment hereunder for Cause, the
          Company and its Affiliates shall have no further obligation or
          liability to the Executive hereunder, other than for Base Salary
          earned but unpaid through the date of termination. Without limiting
          the generality of the foregoing, the Executive shall not be entitled
          to receive any Bonus amounts which have not been paid prior to the
          date of termination.

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          5.4  By the Company Other Than for Cause. The Company may terminate
               -----------------------------------
          the Executive's employment hereunder other than for Cause at any time
          upon notice to the Executive. In the event of such termination, the
          Company shall pay the Executive: (i) Base Salary earned but unpaid
          through the date of termination, plus (ii) monthly severance payments,
          each in an amount equal to the Executive's monthly base compensation
          in effect at the time of such termination (i.e., 1/12th of the Base
          Salary) for the period equal to the greater of the remainder of the
          Term, provided should termination occur during the original Term or
          during any written extension thereof, or twelve (12) months, plus
          (iii) any unpaid portion of any Bonus for the fiscal year preceding
          the year in which such termination occurs that was earned but has not
          been paid, plus (iv) at the times the Company pays its executives
          bonuses generally, an amount equal to that portion of any Bonus earned
          but unpaid during the fiscal year of such termination (prorated in
          accordance with Section 4.2).

          5.5  By the Executive for Good Reason. The Executive may terminate his
               --------------------------------
          employment hereunder for Good Reason, upon notice to the Company
          setting forth in reasonable detail the nature of such Good Reason. The
          following shall constitute "Good Reason" for termination by the
          Executive: (i) any material diminution in the nature and scope of the
          Executive's responsibilities, duties, authority or title; (ii)
          material failure of the Company to provide the Executive the Base
          Salary and benefits in accordance with the terms of Section 4 hereof;
          or (iii) relocation of the Executive's office to a location outside a
          50-mile radius of the Company's current headquarters in Ann Arbor,
          Michigan. In the event of termination in accordance with this Section
          5.5, then the Company shall pay the Executive the amounts specified in
          Section 5.4.

          5.6  By the Executive Other Than for Good Reason. The Executive may
               -------------------------------------------
          terminate his employment hereunder at any time upon 90 days written
          notice to the Company. In the event of termination of the Executive's
          employment pursuant to this Section 5.6, the CEO or the Board may
          elect to waive the period of notice, or any portion thereof. The
          Company will pay the Executive his Base Salary for the notice period,
          except to the extent so waived by the Board. Upon the giving of notice
          of termination of the Executive's employment hereunder pursuant to
          this Section 5.6, the Company and its Affiliates shall have no further
          obligation or liability to the Executive, other than (i) payment to
          the Executive of his Base Salary for the period (or portion of such
          period) indicated above, (ii) continuation of the provision of the
          benefits set forth in Section 4.4 for the period (or portion of such
          period) indicated above, and (iii) any unpaid portion of any Bonus for
          the fiscal year preceding the year in which such termination occurs
          that was earned but has not been paid.

          5.7  Post-Agreement Employment. In the event the Executive remains in
               -------------------------
          the employ of the Company or any of its Affiliates following
          termination of this Agreement, by the expiration of the Term or
          otherwise, then such employment shall be at will.

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     6.   Effect of Termination of Employment. The provisions of this Section 6
          -----------------------------------
          shall apply in the event of termination of Executive's employment,
          whether due to the expiration of the Term, pursuant to Section 5, or
          otherwise.

          6.1  Payment in Full. Payment by the Company or its Affiliates of any
               ---------------
          Base Salary, Bonus or other specified amounts that are due to the
          Executive under the applicable termination provision of Section 5
          shall constitute the entire obligation of the Company and its
          Affiliates to the Executive, except that nothing in this Section 6.1
          is intended or shall be construed to affect the rights and obligations
          of the Company or its Affiliates, on the one hand, and the Executive,
          on the other, with respect to any option plans, option agreements,
          subscription agreements, stockholders agreements or other agreements
          to the extent said rights or obligations therein survive termination
          of employment.

          6.2  Termination of Benefits. If Executive is terminated by the
               -----------------------
          Company without Cause, or terminates his employment with the Company
          for Good Reason, and provided that Executive elects continuation of
          health coverage pursuant to Section 601 through 608 of the Employee
          Retirement Income Security Act of 1974, as amended ("COBRA"), Company
          shall pay Executive an amount equal to his monthly COBRA premiums for
          a period equal to the period remaining in the Term after termination;
          provided further, such payment will cease upon Executive's entitlement
          to other health insurance without charge. Except for medical insurance
          coverage continued pursuant to Section 5.2 hereof, all other benefits
          shall terminate pursuant to the terms of the applicable benefit plans
          based on the date of termination of the Executive's employment without
          regard to any continuation of Base Salary or other payments to the
          Executive following termination of his employment.

          6.3  Survival of Certain Provisions. Provisions of this Agreement
               ------------------------------
          shall survive any termination of employment if so provided herein or
          if necessary to accomplish the purpose of other surviving provisions,
          including, without limitation, the obligations of the Executive under
          Sections 7 and 8 hereof. The obligation of the Company to make
          payments to or on behalf of the Executive under Sections 5.2, 5.4 or
          5.5 hereof is expressly conditioned upon the Executive's continued
          full performance of his obligations under Sections 7 and 8 hereof. The
          Executive recognizes that, except as expressly provided in Section
          5.2, 5.4 or 5.5, no compensation is earned after the termination of
          his employment.

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     7.   Confidential Information; Intellectual Property.
          -----------------------------------------------

          7.1  Confidentiality. The Executive acknowledges that the Company and
               ---------------
          its Affiliates continually develop Confidential Information (as that
          term is defined in Section 11.2, below); that the Executive may
          develop Confidential Information for the Company or its Affiliates and
          that the Executive may learn of Confidential Information during the
          course of his employment. The Executive will comply with the policies
          and procedures of the Company and its Affiliates for protecting
          Confidential Information and shall never use or disclose to any Person
          (except as required by applicable law or for the proper performance of
          his duties and responsibilities to the Company) any Confidential
          Information obtained by the Executive incident to his employment or
          other association with the Company and its Affiliates. The Executive
          understands that this restriction shall continue to apply after his
          employment terminates, regardless of the reason for such termination.

          7.2  Return of Documents. All documents, records, tapes and other
               --------------------
          media of every kind and description relating to the business, present
          or otherwise, of the Company and its Affiliates and any copies, in
          whole or in part, thereof (the "Documents"), whether or not prepared
          by the Executive, shall be the sole and exclusive property of the
          Company and its Affiliates. The Executive shall safeguard all
          Documents and shall surrender to the Company and its Affiliates at the
          time his employment terminates, or at such earlier time or times as
          the Board or CEO designee may specify, all Documents then in the
          Executive's possession or control.

          7.3  Assignment of Rights to Intellectual Property. The Executive
               ---------------------------------------------
          shall promptly and fully disclose all Intellectual Property to the
          Company. The Executive hereby assigns to the Company (or as otherwise
          directed by the Company) the Executive's full right, title and
          interest in and to all Intellectual Property. The Executive shall
          execute any and all applications for domestic and foreign patents,
          copyrights or other proprietary rights and to do such other acts
          (including without limitation the execution and delivery of
          instruments of further assurance or confirmation) requested by the
          Company or its Affiliates to assign the Intellectual Property to the
          Company and to permit the Company and its Affiliates to enforce any
          patents, copyrights or other proprietary rights to the Intellectual
          Property. The Executive will not charge the Company or its Affiliates
          for time spent in complying with these obligations. All copyrightable
          works that the Executive creates shall be considered "Work For Hire"
          under applicable laws.

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     8.   Restricted Activities.
          ---------------------

          8.1  Agreement Not to Compete With the Company. During the Executive's
               -----------------------------------------
          employment hereunder and for a period of 24 months following the date
          of termination thereof (the "Non-Competition Period"), the Executive
          will not, directly or indirectly, own, manage, operate, control or
          participate in any manner in the ownership, management, operation or
          control of, or be connected as an officer, employee, partner,
          director, principal, member, manager, consultant, agent or otherwise
          with, or have any financial interest in, or aid or assist anyone else
          in the conduct of, any business, venture or activity which in any
          material respect competes with the following enumerated business
          activities to the extent then being conducted or being planned to be
          conducted by the Company or its Affiliates or being conducted or known
          by the Executive to being planned to be conducted by the Company or by
          any of its Affiliates, at or prior to the date on which the
          Executive's employment under this Agreement is terminated (the "Date
          of Termination"), in the United States or any other geographic area
          where such business is being conducted or being planned to be
          conducted at or prior to the Date of Termination (a "Competitive
          Business", defined below). For purposes of this Agreement,
          "Competitive Business" shall be defined as: (i) any company or other
          entity engaged as a "quick service restaurant" ("QSR") which offers
          pizza for sale; (ii) any "quick service restaurant" which is then
          contemplating entering into the pizza business or adding pizza to its
          menu; (iii) any entity which at the time of Executive's termination of
          employment with the Company, offers, as a primary product or service,
          products or services then being offered by the Company or which the
          Company is actively contemplating offering; and (iv) any entity under
          common control with an entity included in (i), (ii) or (iii), above.
          Notwithstanding the foregoing, ownership of not more than 5% of any
          class of equity security of any publicly traded corporation shall not,
          of itself, constitute a violation of this Section 8.1.

          8.2  Agreement Not to Solicit Employees or Customers of the Company.
               --------------------------------------------------------------
          During his employment and during the Non-Competition Period the
          Executive will not, directly or indirectly, (i) recruit or hire or
          otherwise seek to induce any employees of the Company or any of the
          Company's Affiliates to terminate their employment or violate any
          agreement with or duty to the Company or any of the Company's
          Affiliates; or (ii) solicit or encourage any franchisee or vendor of
          the Company or of any of the Company's Affiliates to terminate or
          diminish its relationship with any of them or to violate any agreement
          with any of them, or, in the case of a franchisee, to conduct with any
          Person any business or activity that such franchisee conducts or could
          conduct with the Company or any of the Company's Affiliates.

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     9.   Enforcement of Covenants. The Executive acknowledges that he has
          ------------------------
          carefully read and considered all the terms and conditions of this
          Agreement, including without limitation the restraints imposed upon
          his pursuant to Sections 7 and 8 hereof. The Executive agrees that
          said restraints are necessary for the reasonable and proper protection
          of the Company and its Affiliates and that each and every one of the
          restraints is reasonable in respect to subject matter, length of time
          and geographic area. The Executive further acknowledges that, were he
          to breach any of the covenants or agreements contained in Sections 7
          or 8 hereof, the damage to the Company and its Affiliates could be
          irreparable. The Executive, therefore, agrees that the Company and its
          Affiliates, in addition to any other remedies available to it, shall
          be entitled to preliminary and permanent injunctive relief against any
          breach or threatened breach by the Executive of any of said covenants
          or agreements. The parties further agree that in the event that any
          provision of Section 7 or 8 hereof shall be determined by any court of
          competent jurisdiction to be unenforceable by reason of it being
          extended over too great a time, too large a geographic area or too
          great a range of activities, such provision shall be deemed to be
          modified to permit its enforcement to the maximum extent permitted by
          law.

     10.  Conflicting Agreements. The Executive hereby represents and warrants
          ----------------------
          that the execution of this Agreement and the performance of his
          obligations hereunder will not breach or be in conflict with any other
          agreement to which or by which the Executive is a party or is bound
          and that the Executive is not now subject to any covenants against
          competition or solicitation or similar covenants or other obligations
          that would affect the performance of his obligations hereunder. The
          Executive will not disclose to or use on behalf of the Company or any
          of its Affiliates any proprietary information of a third party without
          such party's consent.

     11.  Definitions. Words or phrases which are initially capitalized or are
          -----------
          within quotation marks shall have the meanings provided in this
          Section 11 or as specifically defined elsewhere in this Agreement. For
          purposes of this Agreement, the following definitions apply:

          11.1  Affiliates. "Affiliates" shall mean TISM, Inc., Domino's, Inc.
                ----------
          and all other persons and entities controlling, controlled by or under
          common control with the Company, where control may be by management
          authority or equity interest.

          11.2  Confidential Information. "Confidential Information" means any
                ------------------------
          and all information of the Company and its Affiliates that is not
          generally known by others with whom they compete or do business, or
          with whom they plan to compete or do business, and any and all
          information the disclosure of which would otherwise be adverse to the
          interest of the Company or any of its Affiliates. Confidential
          Information includes without limitation such information relating to
          (i) the products and services sold or offered by the Company or any of
          its Affiliates (including without limitation recipes, production
          processes and heating technology), (ii) the costs, sources of supply,
          financial performance and strategic plans of the Company and its
          Affiliates,

                                      -10-
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          (iii) the identity of the suppliers to the Company and its Affiliates,
          and (iv) the people and organizations with whom the Company and its
          Affiliates have business relationships and those relationships.
          Confidential Information also includes information that the Company or
          any of its Affiliates have received belonging to others with any
          understanding, express or implied, that it would not be disclosed.

          11.3 ERISA. "ERISA" means the federal Employee Retirement Income
               -----
          Security Act of 1974 and any successor statute, and the rules and
          regulations thereunder, and, in the case of any referenced section
          thereof, any successor section thereto, collectively and as from time
          to time amended and in effect.

          11.4 Intellectual Property. "Intellectual Property" means inventions,
               ---------------------
          discoveries, developments, methods, processes, compositions, works,
          concepts, recipes and ideas (whether or not subject to patent or
          copyright protection or constituting trade secrets or trademarks or
          service marks) conceived, made, created, developed or reduced to
          practice by the Executive (whether alone or with others, whether or
          not during normal business hours or on or off Company premises) during
          the Executive's employment that relate to either the business
          activities or any prospective activity of the Company or any of its
          Affiliates.

          11.5 Person. "Person" means an individual, a corporation, an
               ------
          association, a partnership, a limited liability company, an estate, a
          trust and any other entity or organization.

     12.  Withholding. All payments made by the Company under this Agreement
          -----------
          shall be reduced by any tax or other amounts required to be withheld
          by the Company under applicable law.

     13.  Miscellaneous.
          -------------

          13.1 Assignment. Neither the Company nor the Executive may assign this
               ----------
          Agreement or any interest herein, by operation of law or otherwise,
          without the prior written consent of the other; provided, however,
          that the Company may assign its rights and obligations under this
          Agreement without the consent of the Executive in the event that the
          Company shall hereafter affect a reorganization, consolidate with, or
          merge into, any other Person or transfer all or substantially all of
          its properties or assets to any other Person, in which event such
          other Person shall be deemed the "Company" hereunder, as applicable,
          for all purposes of this Agreement; provided, further, that nothing
          contained herein shall be construed to place any limitation or
          restriction on the transfer of the Company's Common Stock in addition
          to any restrictions set forth in any stockholder agreement applicable
          to the holders of such shares. This Agreement shall inure to the
          benefit of and be binding upon the Company and the Executive, and
          their respective successors, executors, administrators,
          representatives, heirs and permitted assigns.

                                      -11-
<PAGE>

          13.2 Severability. If any portion or provision of this Agreement shall
               ------------
          to any extent be declared illegal or unenforceable by a court of
          competent jurisdiction, then the application of such provision in such
          circumstances shall be deemed modified to permit its enforcement to
          the maximum extent permitted by law, and both the application of such
          portion or provision in circumstances other than those as to which it
          is so declared illegal or unenforceable and the remainder of this
          Agreement shall not be affected thereby, and each portion and
          provision of this Agreement shall be valid and enforceable to the
          fullest extent permitted by law.

          13.3 Waiver; Amendment. No waiver of any provision hereof shall be
               -----------------
          effective unless made in writing and signed by the waiving party. The
          failure of either party to require the performance of any term or
          obligation of this Agreement, or the waiver by either party of any
          breach of this Agreement, shall not prevent any subsequent enforcement
          of such term or obligation or be deemed a waiver of any subsequent
          breach. This Agreement may be amended or modified only by a written
          instrument signed by the Executive and any expressly authorized
          representative of the Company.

          13.4 Notices. Any and all notices, requests, demands and other
               -------
          communications provided for by this Agreement shall be in writing and
          shall be effective when delivered in person or deposited in the United
          States mail, postage prepaid, registered or certified, and addressed
          (i) in the case of the Executive, to: Patrick Knotts at
          _________________________________________, and (ii) in the case of the
          Company, to the attention of Mr. David A. Brandon, CEO, at 30 Frank
          Lloyd Wright Drive, Ann Arbor, Michigan 48106, or to such other
          address as either party may specify by notice to the other actually
          received.

          13.5 Entire Agreement. This Agreement constitutes the entire agreement
               ----------------
          between the parties and supersedes any and all prior communications,
          agreements and understandings, written or oral, between the Executive
          and the Company, or any of its predecessors, with respect to the terms
          and conditions of the Executive's employment.

          13.6 Counterparts. This Agreement may be executed in any number of
               ------------
          counterparts, each of which shall be an original and all of which
          together shall constitute one and the same instrument.

          13.7 Governing Law. This Agreement shall be governed by and construed
               -------------
          in accordance with the domestic substantive laws of the State of
          Michigan without giving effect to any choice or conflict of laws
          provision or rule that would cause the application of the domestic
          substantive laws of any other jurisdiction.

          13.8 Consent to Jurisdiction. Each of the Company and the Executive by
               -----------------------
          its or his execution hereof, (i) hereby irrevocably submits to the
          jurisdiction of the state courts of the State of Michigan for the
          purpose of any claim or action arising out of or based upon this
          Agreement or relating to the subject matter hereof and (ii) hereby
          waives, to the extent not prohibited by applicable law, and agrees not
          to assert by way of motion,

                                      -12-
<PAGE>

          as a defense or otherwise, in any such claim or action, any claim that
          it or he is not subject personally to the jurisdiction of the above-
          named courts, that its or his property is exempt or immune from
          attachment or execution, that any such proceeding brought in the
          above-named courts is improper, or that this Agreement or the subject
          matter hereof may not be enforced in or by such court. Each of the
          Company and the Executive hereby consents to service of process in any
          such proceeding in any manner permitted by Michigan law, and agrees
          that service of process by registered or certified mail, return
          receipt requested, at its address specified pursuant to Section 13.4
          hereof is reasonably calculated to give actual notice.

     IN WITNESS WHEREOF, this Agreement has been executed by the Company, by its
duly authorized representative, and by the Executive, as of the date first above
written.

THE COMPANY:                                    DOMINO'S PIZZA LLC



                                                By: /s/
                                                   ----------------------------
                                                Name:  David A. Brandon
                                                Title: Chairman

THE EXECUTIVE:
                                                /s/
                                                -------------------------------
                                                Name: Patrick Knotts

                                      -13-
<PAGE>

                                  EXHIBIT 3.2
                                  -----------

           (None, unless additional information is set forth below.)

                                      -14-