Exhibit 10.19


EMPLOYMENT AGREEMENT


This Agreement (“Agreement”) is made and entered into as of the 1st day of October, 2003 between C. David Zoba residing at 6045 Sunset Lane, Indianapolis, Indiana  46228 (“Employee”), and Galyan’s Trading Company, Inc., an Indiana corporation (“Company”).  


          1.          TERM OF EMPLOYMENT:  Subject to the terms of this Agreement, Company hereby agrees to employ Employee, and Employee hereby agrees to accept such employment, for the period beginning on the date hereof and ending at the close of business on the second anniversary of the date hereof or on such earlier date upon which this Agreement is terminated in accordance with the provisions set forth herein (the “Initial Term”). Commencing on the first anniversary of the Commencement Date, the term of this Agreement shall automatically be extended each day by one day, until a date (the “Termination Date”) which is one (1) year following the first date on which either party delivers written notice of termination to the other.  The “Term” of this Agreement shall include any automatic extensions
pursuant to the preceding sentence.


          2.          POSITION AND DUTIES:

	
  
 
  	
  
(a)
  	
  
General Duties; Performance:  At all times during the Term, Employee   shall (i) serve as General Counsel, Secretary and Executive Vice President   responsible for real estate, store planning and legal and, in such capacity,   shall perform such duties and have such responsibilities not materially   inconsistent with the foregoing as may from time to time be assigned or   delegated to him by the Chief Executive Officer of the Company (the   “CEO”).  During this period, Employee   shall diligently and conscientiously devote his full and exclusive business   time, energy and ability to his duties and the business of Company.  At all times during the Term (i) Employee   shall perform his duties faithfully and efficiently, subject to the direction   of the CEO; and (ii) Employee shall observe and comply with all directions,   policies and regulations given or promulgated by the CEO.
  
	
   
  	
  
 
  	
  
 
  
	
  
 
  	
  
(b)
  	
  
Non-Contravention:  Employee represents and warrants that (i)   he has the full right and authority to enter into this Agreement and to   render the services as required under this Agreement, (ii) by signing this   Agreement he is not breaching any contract or legal obligation he owes to any   third party and (iii) he is not party to any other agreement with Company or   any other party providing for the performance by him of services or, in the   case of Company and its subsidiaries, for any compensation to be paid to him.
  




          3.          COMPENSATION, BENEFITS AND EXPENSES:  During the Term, Company shall compensate Employee for his services as follows:

	
  
 
  	
  
(a)
  	
  
Salary and Expenses:  Company shall pay Employee a base salary   at an annual rate of $350,000 for the period from the date hereof through and   including January 31, 2004, $375,000 for Company’s fiscal year 2004, and   $400,000 for Company’s fiscal year 2005, in each case less standard income   and payroll tax withholding and other authorized deductions.  Such salary shall be earned and shall be   payable in regular installments in accordance with Company’s normal payroll   practices.  Employee shall also be   entitled to reimbursement for reasonable business expenses in accordance with   Company policy.
  











	
  
 
  	
  
(b)
  	
  
Health Insurance:  Employee and his dependents shall be   eligible to participate in Company’s group health plan as in effect from time   to time for employees of Company.
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(c)
  	
  
Bonus:  Employee shall be eligible to receive an   annual bonus in accordance with the Company’s existing bonus program, with   such bonus to be determined based on Company achieving its targeted operating   income for the applicable fiscal year (the “Target Income”) as set forth in   Company’s annual budget for such fiscal year prepared by management and   approved by the Board.  The “Target   Bonus” shall be equal to 50% of base salary and Stay Bonus (as hereinafter   defined) in each fiscal year beginning in fiscal year 2003 and may be   increased by an uncapped, additional amount of Target Bonus pursuant to the   schedule for incremental Target Bonus increases approved by the Board from   time to time.
  
	
   
  	
  
 
  	
  
 
  
	
  
 
  	
  
(d)
  	
  
Vacation:  Employee shall be entitled to annual paid   vacation in accordance with Company’s policies as in effect from time to time   for similarly situated executive employees of Company, but not less than four   weeks of paid vacation per year.
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(e)
  	
  
Retirement Plan:  Employee shall be eligible to participate   in Company’s retirement plans applicable to Employee, in accordance with the   terms of such plans.  Employee   understands that the Board monitors such plans or arrangements and may, from   time to time, add benefits to or delete benefits from the plans or arrangements,   or modify or terminate existing plans or arrangements, provided that no such   modification or termination shall decrease the retirement benefits accrued by   the Employee prior to the modification or termination without the written   consent of the Employee.
  
	
  
 
  	
  
 
  	
  
 
  
	
   
  	
  
(f)
  	
  
Stay Bonus:  So long as this Agreement   has not been terminated by Employee or by Company for Cause (as hereinafter   defined), at the end of each of fiscal year 2003, 2004 and 2005, Company   shall pay to Employee a stay bonus of $100,000 (“Stay Bonus”) in accordance   with its customary bonus payment schedule; provided, however,   that on the final day of the Term of this Agreement, if such date is other   than the last day of Company’s fiscal year, Employee shall be entitled to   receive a pro rata portion of such Stay Bonus, which shall equal $100,000   multiplied by a fraction, the numerator of which shall be the number of days   in such fiscal year prior to such date, and the denominator of which shall be   365.  The Stay Bonus shall be deemed   earned on the last day of such fiscal year so long as this Agreement has not   been terminated by Employee or by Company for Cause, or on the last day of   the Term, as
the case may be.
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(g)
  	
  
Company Stock/Options.  Subject to the provisions of this Section   3(g), beginning with the 2004 fiscal year, Employee shall be eligible to   receive an annual grant of options commensurate with Employee’s position and   responsibilities (the “Annual Options”), pursuant to the Company’s 1999 Stock   Option Plan, as amended (the “Option Plan”), with an exercise price equal to   the closing price of the Common Stock on the grant date; provided, however,   Company shall not be required to issue Annual Options to Employee after such
  



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time as it has discontinued the issuance of options   to other senior management employees, using instead another form of incentive   compensation, provided that Employee receives incentive compensation in the   same form as other senior management employees.  The Annual Options granted during a fiscal year shall be   granted not later than the end of the fourth full month of that fiscal year   and shall be contingent on Employee being employed by Company on the grant   date and Company having achieved its Target Income for the immediately   preceding fiscal year.  The Annual   Options shall be governed by and subject to the terms and conditions of the   Option Plan.
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(h)
  	
  
Financial Planning Services:  Company shall pay for financial planning   services for Employee from the firm of Brownson, Rehmus Foxworth, and Company   and shall indemnify Employee against any incremental income tax liability   incurred as a result of Company’s payment for such services.
  



          4.          TERMINATION:  Employee’s employment with Company during the Term may be terminated by Company under the circumstances described in this Section 4, and subject to the provisions of Section 5:

	
  
 
  	
  
(a)
  	
  
Termination by Company for Cause:  Company may immediately terminate   Employee’s employment for Cause by giving written notice to Employee   identifying in reasonable detail the act or acts said to constitute   “Cause.”  For purposes of this   Agreement, “Cause” means Employee’s (i) intentional act of fraud,   embezzlement, theft, or other material violation of the law in connection   with or in the course of his employment, (ii) intentional illegal act that is   likely to materially injure the reputation, business, or a business   relationship of Company; (iii) intentional wrongful damage to material assets   of Company; (iv) intentional wrongful disclosure of material confidential   information of Company; (v) intentional wrongful competitive activity in   material breach of Employee’s duty of loyalty; or (vi) breach of any material   term of any stated material employment policy of Company; provided Company
has given Employee written notice of such breach, and Employee has failed to   cure such breach within ten (10) days after receipt of such notice.  For purposes of the preceding sentence, no   act, or failure to act, on the part of Employee shall be deemed “intentional”   if it was due primarily to an error in judgment or negligence, but shall be   deemed “intentional” only if done, or omitted to be done, by Employee not in   good faith and without reasonable belief that his act or omission was in or   not opposed to the best interest of Company.
  
	
   
  	
  
 
  	
  
 
  
	
  
 
  	
  
(b)
  	
  
Termination by Company for Other   than Cause, Death, or Disability:  Company may immediately terminate Employee’s employment for any   reason other than Cause, death, or Disability by giving ten (10) days written   notice to Employee.
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(c)
  	
  
Death:  Employee’s employment shall automatically   terminate upon his death.
  




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(d)
  	
  
Disability:  Employee shall not be considered in breach   of this Agreement, if he fails to perform the material duties of his   employment because of a physical or mental condition that renders him unable   to perform such services (hereafter referred to as “Disability”).  If for a continuous period of twelve (12)   months during the Term, Employee fails to perform the material duties of his   employment because of Disability, his employment shall terminate on the first   anniversary of the beginning of his Disability.  If there is any dispute as to whether Employee has a   Disability, this issue shall be settled by the opinion of an impartial   reputable physician qualified to make the determination agreed upon for the   purpose by Employee and Company, or failing such agreement within fourteen   (14) days of a written request therefor by either party to the other, by an   impartial reputable physician qualified to make the
determination who is   selected by agreement of a reputable physician selected by Company and a   reputable physician selected by Employee.
  
	
   
  	
  
 
  	
  
 
  
	
  
 
  	
  
(e)
  	
  
Termination by Employee for Good   Reason.  Employee   may terminate employment during the Term for “Good Reason” by delivering to   Company (i) a Preliminary Notice of Good Reason (as defined below), and (ii)   not earlier than thirty (30) days and not later than three (3) months from   the delivery of such Preliminary Notice of Good Reason, a Notice of   Termination.  For purposes of this   Agreement, “Good Reason” means (i) the assignment (without the express   written consent of Employee) to Employee of a materially lower position in   the organization in terms of his responsibility, authority and status, any   material reduction in Employee’s authority or status, or requiring Employee   to perform services not commensurate with Employee’s ability, experience and   qualifications; (ii) requiring Employee (without his consent) to relocate his   primary work location more than fifty (50) miles away from the current
 principal office of Company in Plainfield, Indiana; (iii) any reduction in   Employee’s base salary or bonus opportunity; (iv) any material breach by   Company of the terms of this Agreement; or (v) failure of any successor of   the Company to assume this Agreement; provided that “Good Reason” shall not   include (A) acts not taken in bad faith which are cured by Company in all   respects not later than twenty (20) days from the receipt by Company of a   written notice from Employee identifying in reasonable detail the act or acts   constituting “Good Reason” (a “Preliminary Notice of Good Reason”) or (B)   acts taken by Company as a result of grounds for termination of employment   for Cause pursuant to Section 4(a).  A   Preliminary Notice of Good Reason shall not, by itself, constitute a Notice   of Termination.
  



          5.          OBLIGATIONS UPON TERMINATION:

	
  
 
  	
  
(a)
  	
  
Termination by Company for Cause:  If Company terminates Employee for Cause   at any time during the Term, Employee will receive his base salary and other   compensation and benefits earned under this Agreement but not yet paid or   delivered to Employee as of the date of termination, including retirement   benefits accrued through the date of such termination and payable under the   terms of such plans, but excluding any bonus.
  




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(b)
  	
  
Termination by Company for Other   Than Cause, Disability, Death, or by Employee for Good Reason:  If Company terminates Employee’s   employment for any reason other than Cause, Disability, or death at any time   during the Term, or if Employee terminates employment for Good Reason   pursuant to Section 4(e) during the Term, Employee shall receive, subject to   the limitations set forth below, (i) his base salary and other compensation   and benefits earned under this Agreement but not yet paid or delivered to   Employee as of the date of his termination, including any bonus owed for the   immediately preceding fiscal year and retirement benefits accrued through the   date of such termination and payable under the terms of such plans, (ii) a   lump sum payment equal to Employee’s Target Bonus for the fiscal year of   termination, (iii) a lump sum equal to then-current base salary, less   standard income and payroll tax withholding and other
authorized deductions,   from the date of termination until the later of the date that is (A) the   first anniversary of the date of his termination or (B) the second   anniversary of the date hereof (such period hereafter referred to as the   “Severance Period); (iv) continued health coverage for the Severance Period,   and (vi) a lump sum equal to the benefits that absent termination of   employment would have accrued under Company’s tax-qualified and non-qualified   retirement plans (which benefits shall be deemed fully vested) until the end   of the Severance Period.
  
	
   
  	
  
 
  	
  
 
  
	
  
 
  	
  
(c)
  	
  
Death or Disability:   If Employee’s employment terminates pursuant to Section 4(c) or (d) as a   result of his death or Disability, Employee shall be entitled to the same   compensation as provided under Section 5(a).    In addition, Employee (or his estate) shall receive a payment (at such   time as is consistent with the administration of Company’s bonus program)   equal to a pro-rata share of the annual bonus he would have earned (as   determined in a manner consistent with Section 3(c)) based on Company’s   actual results for the fiscal year.    For purposes of the preceding sentence, Employee’s pro-rata share   shall be a fraction of the number of days in the fiscal year, the numerator   of which shall be the number of days in the fiscal year prior to Employee’s   death or termination of employment pursuant to Section 4(d) and the   denominator of which shall be 365.
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(d)
  	
  
Exclusive Remedy:  Employee acknowledges that, other than the   payments described in this Section 5 and Employee’s rights under any benefit   plan of Company in which Employee participates, he shall have no other claims   against, and be entitled to no other payments from, Company or its direct or   indirect parents, subsidiaries, affiliates or related companies upon any   termination or breach by Company of this Agreement.
  



          6.          LOYALTY, NON-COMPETITION AND CONFIDENTIALITY:  In consideration of the employment provided by Company, Employee agrees with Company as follows:

	
  
 
  	
  
(a)
  	
  
Non-Competition:  Employee acknowledges that his position   will give him access to confidential and highly sensitive non-public   information of substantial importance to Company, including but not limited   to financial information, identities of distributors, contractors and vendors   utilized in Company’s business, non-public forms, contracts and other   documents used in Company’s business, 
  




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trade secrets used, developed or acquired by   Company, information concerning the manner and details of Company’s   operation, organization and management, Company’s business plans and   strategies, price information, customer lists and research and development   data, and that the services he will provide to Company are unique.  During the “Non-Competition Period” as   defined in Section 6(f) hereof, Employee agrees that in addition to any other   limitation, he will not directly or indirectly engage in, as an employee,   consultant or otherwise, any business in the United States primarily engaged   in the retail sporting goods or retail sports apparel business, nor will he   accept employment, consult for, or participate, directly or indirectly, in   the ownership or management of any enterprise in the United States engaged in   such a business.  Notwithstanding the   foregoing, Employee may invest as the holder of not more than
four percent   (4%) of the outstanding shares of any corporation whose stock is listed on   any national or regional securities exchange or reported by the National   Association of Securities Dealers Automated Quotation System or any successor   thereto.
  
	
   
  	
  
 
  	
  
 
  
	
  
 
  	
  
(b)
  	
  
Other Employees, Customers:  Employee agrees that during the   Non-Competition Period, neither he nor any entity with which he is at the   time affiliated (and which is not affiliated with Company) shall, directly or   indirectly, hire or offer to hire or entice away or in any other manner   persuade or attempt to persuade any officer, employee, agent or customer of   Company or any of its affiliates, or any person who supplies goods or   services or licenses intangible or tangible property to Company or any of its   affiliates to discontinue his, her or its relationship with such entity.
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(c)
  	
  
Confidentiality:  Except in the normal and proper course of   his duties hereunder, Employee will not use for his own account or disclose   to anyone else, during or after the Term of this Agreement, any confidential   or proprietary information or material relating in the reasonable opinion of   Company to Company’s operations or businesses, including Company’s   subsidiaries, which he may obtain from Company, its subsidiaries or their   officers, directors or employees, or otherwise during or by virtue of   Employee’s employment by Company.    Confidential or proprietary information or material includes, without   limitation, the following types of information or material, both existing and   contemplated, regarding Company, its direct or indirect parents,   subsidiaries, affiliates or related companies: proprietary data processing   systems and software; corporate information, including contractual   arrangements, plans,
strategies, tactics, policies, resolutions, patent,   copyright, trademark, and tradename applications, and any litigation or   negotiations; marketing information, including sales or product plans,   strategies, methods, customers, prospects, or market research data; financial   information, including cost and performance data, debt arrangements, equity   structure, investors, and holdings; operational and scientific information,   including trade secrets, technical information, and personnel information,   including personnel lists, resumes, personnel data, organizational structure,   and performance evaluations; provided, however, that confidential or   proprietary information shall not include any information that is generally   available to the public without breach of this Agreement.
  



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(d)
  	
  
Intangible Property:  All right, title and interest of every kind   and nature whatsoever, whether now known or unknown, in and to any intangible   property, including all trade names, unregistered trademarks and service   marks, brand names, patents, copyrights, registered trademarks and service   marks and all trade secrets and confidential know-how (collectively, the   “Intangible Property”), invented, created, written, developed, furnished,   produced or disclosed by Employee in the course of rendering his services to   Company hereunder shall, as between the parties hereto, be and remain the   sole and exclusive property of Company for any and all purposes and uses   whatsoever, and Employee shall have no right, title or interest of any kind   or nature in such Intangible Property, or in or to any results or proceeds   therefrom.  Employee will, at the   request of Company, execute such assignments, certificates and other
instruments as Company may from time to time deem necessary or desirable to evidence,   establish, maintain, perfect, protect, enforce or defend its right, title and   interest in and to, any of the foregoing.
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(e)
  	
  
Return of Documents:  Employee agrees that all documents of any   nature pertaining to activities of Company, its direct or indirect parents,   subsidiaries, affiliates and related companies, used, prepared, or made   available to Employee in the course of rendering his services to Company   hereunder, including the information or materials covered by Sections 6(c)   and 6(d) hereof, are and shall be the property of Company or, as the case may   be, its direct or indirect parents, subsidiaries, affiliates or related   companies, and that all copies of such documents shall be surrendered to   Company whenever requested by the Company.
  
	
   
  	
  
 
  	
  
 
  
	
  
 
  	
  
(f)
  	
  
Non-Competition Period:  “Non-Competition Period” means the period   beginning on the date hereof and ending on the date that is the later of (i)   the second anniversary of the date of termination of Employee’s employment   with Company and (ii) three years from the date hereof .
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(g)
  	
  
Enforcement:  Employee acknowledges that irreparable   damage would result to Company or its direct or indirect parents,   subsidiaries, affiliates or related companies if the provisions of this   Section 6 are not specifically enforced, and agrees that Company shall be   entitled to any appropriate legal, equitable, or other remedy, including   injunctive relief, in respect of any failure to comply with the provisions of   this Section 6.
  




          7.          CHANGE IN CONTROL:


                        (a)      For purposes of this Section 7, the following terms shall have the meanings set out below:


                                  (i)          “Board” means the Board of directors of the Company or successor entity described in clause (a)(ii)(C) or (D) below:


                                  (ii)         “Change in Control” means the occurrence during the Term of any of the following events: (A) any acquisition by any Person or group (as defined in the Securities and Exchange


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Act of 1934 (“Exchange Act”)) other than a Permitted Shareholder of beneficial ownership of more than the greater of (I) thirty percent (30%) of Company’s then outstanding shares of Common Stock and (II) the Common Stock held by Permitted Holders, and Incumbent Directors cease to constitute more than fifty percent (50%) of the members of the Board; (B) consummation of a merger, reorganization, consolidation, or similar transaction (any of the foregoing a “Merger”), unless the Persons who were the beneficial owners of the Common Stock immediately before such Merger are the beneficial owners, immediately after such Merger, directly or indirectly, in the aggregate, of more than sixty percent (60%) of the common stock and other voting securities of the entity resulting from such Merger in substantially the same relative proportions as their ownership of the Common Stock immediately before the Merger; (C) consummation of a sale of all or
substantially all of the assets of the Company (a “Sale”), unless the Persons who were the beneficial owners of the Common Stock, immediately before such Sale, are the beneficial owners, directly or indirectly, in the aggregate, of more than sixty percent (60%) of the common stock and other voting securities of the entity or entities that own such assets immediately after the Sale; or (D) approval by the Board or the Company shareholders of a Plan of liquidation of the Company.


                                  (iii)         “Incumbent Director” means an individual who is a member of the Board and who (i) is a member of the Board immediately before (i) the change in ownership described in Section 7(a)(ii)(A) or, (ii) if a change in the composition of the Board is made before the change in ownership described in clause (i) pursuant to an agreement with the purchasing Person or group described in Section 7(a)(ii)(A), the change pursuant to such agreement.


                                  (iv)        “Permitted Holder” means Freeman, Spogli & Co., Inc. or Limited Brands, Inc., and “Permitted Holders” means Freeman, Spogli & Co., Inc. and Limited Brands, Inc.  The term “Permitted Holder” also includes any affiliate of an entity described in the preceding sentence.


                                  (v)         “Person” means an individual, corporation, partnership, joint venture, association, limited liability company, joint-stock company, trust, or unincorporated organization, or a governmental agency, officer, department, commission, board, bureau, or instrumentality thereof.


                        (b)           If a Change in Control shall occur on or prior to the Termination Date or such earlier date upon which this Agreement is terminated in accordance with the provisions set forth herein, Options previously granted to Employee shall become fully vested on the date of such Change in Control to the extent not already vested.


          8.          ENTIRE AGREEMENT:  This Agreement contains the entire understanding between Company and Employee concerning Employee’s employment with Company, and supersedes all prior negotiations, term sheets, and agreements between them.


          9.          MODIFICATION:   No provision of this Agreement may be amended, modified, or waived except by written agreement signed by both Company and Employee.


          10.        GOVERNING LAW:   The provisions of this Agreement shall be construed in accordance with, and governed by, the laws of the State of Indiana without regard to principles of conflict of laws.


          11.        SAVINGS CLAUSE:   If any provision of this Agreement or the application thereof is held invalid, the invalidity shall not affect other provisions or applications of the Agreement which can


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be given effect without the invalid provisions or applications and to this end the provisions of this Agreement are declared to be severable.


          12.        SUCCESSORS; NO ASSIGNMENT OF AGREEMENT:  Except as otherwise provided herein, this Agreement shall be binding upon and shall inure to the benefit of the parties hereto and their respective legal representatives, heirs, successors and assigns.  Employee acknowledges that his services are unique and personal.  Accordingly, Employee may not assign his rights or delegate his duties or obligations under this Agreement to any person or entity.


          13.        ADDITIONAL REPRESENTATIONS:  Employee represents and warrants to Company that he is knowledgeable and sophisticated as to business matters, including the subject matter of this Agreement, that he has read this Agreement and that he understands its terms.  Employee acknowledges that, prior to assenting to the terms of this Agreement, he had been given a reasonable time to review it, to consult with counsel of his choice, and to negotiate at arm’s-length with Company as to its contents.  Company and Employee agree that the language used in this Agreement is the language chosen by the parties to express their mutual intent, and that Employee has entered into this Agreement freely and voluntarily and without pressure or coercion from anyone.  Employee represents and warrants to Company that he is not
 bound by any agreement or subject to any restriction which would interfere with or prevent his entering into or carrying out this Agreement.


          14.        RIGHTS AND WAIVERS:  All rights and remedies of the parties hereto are separate and cumulative, and no one of them, whether exercised or not, shall be deemed to be to the exclusion of any other rights or remedies or shall be deemed to limit or prejudice any other legal or equitable rights or remedies which either of the parties hereto may have.  No party to this Agreement shall be deemed to waive any rights or remedies under this Agreement unless such waiver is in writing and signed by such party.  No delay or omission on the part of either party in exercising any right or remedy shall operate as a waiver of such right or remedy or any other rights or remedies.  A waiver on any one occasion shall not be construed as a bar to or a waiver of any right or remedy on any future occasion.


          15.        SURVIVABILITY:  The expiration or termination of this Agreement shall not operate to affect such of the provisions hereof as are expressed to remain in full force and effect notwithstanding such termination.


          16.        CAPTIONS:  The captions of this Agreement are for descriptive purposes only and are not part of the provisions hereof and shall have no force or effect.


          17.        NOTICES:  All notices and other communications hereunder shall be in writing and shall be given by hand delivery to the other party or by registered or certified mail, return receipt requested, postage prepaid, addressed as follows (or to such other party or address as Company or Employee may designate in notice duly delivered to the other pursuant to this section):


If to Employee, to him at his address set forth in the preamble hereto.
 If to Company, to it at:
 Galyan’s Trading Company, Inc.
 2437 E. Main Street
 Plainfield, Indiana  46168
 Attn: Chief Executive Officer
 With copies to:


                       Norman S. Matthews
                        650 Madison Avenue-23rd Floor
                        New York, NY  10022


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          18.        NO DUTY TO MITIGATE:  Payments due to Employee following his termination of employment are not conditioned upon Employee’s attempting to mitigate his losses by seeking other employment or taking other action, and Employee shall be under no obligation to do so.    


(Remainder of Page Intentionally Left Blank)


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IN WITNESS WHEREOF, Company and Employee, intending to be legally bound, have executed this Agreement on the day and year first above written.

	
  
EMPLOYEE:
  	
  
 
  	
  
COMPANY:
GALYAN’S TRADING COMPANY, INC.
  	
  
 
  
	
  
 
  	
  
 
  	
  
 
  	
  
 
  	
  
 
  	
  
 
  
	
  
By:
  	
  
/s/ C. David Zoba
  	
   
 	
  
By:
  	
  
/s/ Robert B. Mang
  	
  
 
  
	
   
  	
  


  	
   
 	
   
  	
  


  	
   
  
	
   
  	
  C. David Zoba
  	
   
  	
   
  	
  Robert B. Mang
   Chief Executive Officer
  	
   
  



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