Exhibit 10.2


 


ADDENDUM TO EMPLOYMENT AGREEMENT


 


THIS ADDENDUM TO EMPLOYMENT AGREEMENT (this “Addendum”)
is dated as of August 3,  2022,  by and between Floor and Decor Outlets of America, Inc., a Delaware corporation
(the “Operating Company”), Floor & Decor Holdings, Inc., a Delaware corporation (“Holdings”
and, together with the Operating Company, the “Company”), and Trevor S. Lang, the undersigned individual (the
 “Executive”), and is intended to modify the Second Amended and Restated Employment Agreement, dated as of February 3,
2020, as modified by the addendum dated March 26, 2020 (the “Employment Agreement”), by and between the Company
and Executive.  Any capitalized term not defined herein will have the meaning ascribed to such term in the Employment Agreement.


 


The Company and Executive desire to amend the
Employment Agreement, as set forth below.


 


		1.	The Employment Agreement shall be amended to replace the first sentence of Section 1(a) thereof
with the following:



 


“Subject to Executive’s
continued employment with the Company in good standing through such date, effective immediately upon the Board (defined below) appointing
a new Chief Financial Officer of the Company (the “Promotion Date”), Executive shall be appointed as President of the
Company, and shall continue to serve as President of the Company from the Promotion Date and during the Employment Period (defined below).”


 


		2.	The Employment Agreement shall be amended to replace the final sentence of Section 1(b) thereof
with the following:



 


“Executive will be reporting
to the Chief Executive Officer of the Company and shall have all the authority, duties and responsibilities customarily exercised by an
individual serving in a position with Executive’s title and at an entity engaged in a retail business which is national in scope,
set forth in the bylaws of the Company, provided in the Delaware General Corporation Law and such additional duties and responsibilities
as may from time to time be assigned or prescribed to him by the Chief Executive Officer of the Company, consistent with Executive’s
position (collectively, “Executive’s Duties and Responsibilities”).”


 


		3.	The Employment Agreement shall be amended to add the following proviso to Section 2(a) thereof:



 


“; provided that, effective
August 5, 2022, Executive’s Base Salary shall be increased to an annual rate of $575,000, payable in installments consistent
with the Company’s normal payroll practices.”


 


The Executive hereby acknowledges and agrees that
 “Good Reason” under the Employment Agreement has not occurred prior to or as a result of this Addendum. Except as expressly
hereby amended, the Employment Agreement will remain in full force and effect in accordance with the terms thereof.  To the
extent a conflict arises between the terms of the Employment Agreement and this Addendum, the terms of this Addendum will prevail.


 






    	 	 	



     


    

 


EXECUTIVE


 


	 	By:	/s/ Trevor S. Lang
	 	Name:	Trevor S. Lang
	 	 	 
	 	 	FLOOR AND DECOR OUTLETS OF AMERICA, INC.
	 	 	 
	 	By:	/s/ Thomas V. Taylor
	 	Name:	Thomas V. Taylor
	 	Title: 	CEO
	 	 	 
	 	 	FLOOR AND DECOR HOLDINGS, INC.
	 	 	 
	 	By:	/s/ Thomas V. Taylor
	 	Name:	Thomas V. Taylor
	 	Title:	CEO



 


[Signature Page to Addendum to Employment Agreement]