Document:

Form of Amendment to Form of Retention Agreement

 Exhibit 10.10 
  
 FORM OF 
 SECOND AMENDMENT TO 
 RETENTION AGREEMENT 
  
 THIS SECOND AMENDMENT TO RETENTION AGREEMENT (this “Amendment”), effective as of January 13, 2005, is entered into
by and among PETCO ANIMAL SUPPLIES, INC., a Delaware corporation (“Parent”), PETCO ANIMAL SUPPLIES STORES, INC., a Delaware corporation (formerly named PETCO Animal Supplies, Inc.) (the “Operating Company”), and
                     (“Employee”). Capitalized terms used but not otherwise defined herein shall have the meanings ascribed to them
in the Original Agreement (as defined below). All Section references in this Amendment are to Sections of the Original Agreement. 
  
 RECITALS 
  
 WHEREAS, the Operating Company and Employee are parties to that certain Retention Agreement effective as of
                    , as amended by that certain Waiver and Amendment of Retention Agreement dated as of January 13, 2005 (as amended, the
“Original Agreement”). 
  
 WHEREAS, pursuant to an
Agreement and Plan of Reorganization dated as of January 13, 2005, the Operating Company implemented a holding company form of organizational structure (the “Reorganization”) by the merger of PETCO Merger Co., a Delaware corporation and a
wholly-owned subsidiary of Parent, with and into Operating Company, with the Operating Company being the surviving corporation. As a result of the Reorganization, the Operating Company became a direct, wholly-owned subsidiary of Parent and ceased to
be a publicly-traded company. Parent is now a publicly-traded company on the Nasdaq National Market. 
  
 WHEREAS, the parties desire to amend the Original Agreement as set forth below to reflect the Reorganization. 
  
 NOW, THEREFORE, in consideration of the foregoing, the parties hereby amend
the Original Agreement as follows: 
  
 1. References to
PETCO. Except as otherwise provided herein, all references to the “PETCO” shall be deemed references to Parent and the Operating Company together, and references to “PETCO’S” shall be deemed references to
“Parent’s and the Operating Company’s.” The reference to “PETCO” in the first recital is hereby amended to read “the Operating Company.” The following references to “PETCO” are hereby amended to read
“Parent and the Operating Company”: all references in Section 2, the second and last references in Section 3(a), the reference in Section 5(d), all references in Section 7 and all references in Section 17. The following references to
“PETCO” are hereby amended to read “Parent or the Operating Company, or both,”: the references in Section 1(a), the reference in subparagraph 1(c)(v), the second, fourth and seventh references in Section 6(c), the reference in
Section 6(d) and the fourth reference in Section 6(e). The following references to “PETCO” are hereby amended to read “Parent”: all references in Section 1(b) and all references in Section 1(f). The words “with Parent and
the Operating Company” are hereby inserted after the word “employment” in each of the following places: the second reference in Section 1(c), subparagraph 1(c)(iv), all references in Section 1(e), all references in Section 2, all
references in Section 3(b), the reference in Section 6(a), and the reference in Section 6(e). The words “with Parent and the Operating Company” are hereby inserted after the word “service” in each of the following places: the
first reference in Section 3(b) and all references in Section 5. The words “from PETCO” in the first sentence of Section 3(a) are hereby deleted. 

 2. References to the Board. All references to the “Board of Directors” or
“Board” shall be deemed references to the Board of Directors of Parent. 
  
 3. References to Titles. The reference to the “President/Chief Executive Officer” in subparagraph 1(a)(ii) is hereby amended to read “Presidents/Chief Executive Officers of Parent and the
Operating Company.” The references to “PETCO’s president” in Section 2 and subparagraph 6(b)(ii) are hereby amended to read “the Presidents/Chief Executive Officers of Parent and the Operating Company.” 
  
 4. Incumbent Board. Section 1(d) is hereby amended to read as follows:

  
 d. INCUMBENT BOARD. The “Incumbent
Board” consists of the members of the Board of Directors of Parent as of January 13, 2005, to the extent they continue to serve as Board members and any individual who becomes a Board member after January 13, 2005, if (i) his or her election or
nomination as a director was approved by a vote of at least two-thirds of the then Incumbent Board and such person does not own more than 20% of Parent’s securities, or (ii) such individual is a representative of an institutional investor that
either owns less than 20% of Parent’s securities or was represented on the Board of Directors of Parent as of January 13, 2005. 
  
 5. Acceleration of Options. Section 4 is hereby amended to read as follows: 
  
 4. ACCELERATION OF OPTIONS. In the event of the occurrence of a Change in Control, all of EMPLOYEE’S
rights to exercise option(s) to purchase shares of Parent common stock granted to and held by EMPLOYEE at the time of the Change in Control shall immediately vest resulting in these option(s) becoming immediately exercisable. 
  
 6. Assignment. Section 9 is hereby amended to add the following at the
end thereof: “Notwithstanding the foregoing, the duties, obligations and liabilities of Parent and the Operating Company hereunder shall be performed, satisfied or discharged by Parent and the Operating Company, or in part by each of them, as
determined jointly by Parent and the Operating Company in their collective discretion from time to time (and such determination shall be binding on Parent, the Operating Company and EMPLOYEE); provided, however, that the duties, obligations and
liabilities relating to EMPLOYEE’S shares of common stock or other equity interests, or options to acquire shares of common stock or other equity interests, of Parent shall be performed, satisfied or discharged by Parent.”

  
 7. Arbitration. The phrase “Commercial Arbitration
Rules” in Section 14 is hereby amended to read “Employment Arbitration Rules.” 
  
 8. Miscellaneous. This Amendment shall be and is hereby incorporated in and forms a part of the Original Agreement. All other terms and provisions of the Original Agreement shall remain unchanged except as
specifically modified herein. The Original Agreement, as amended by this Amendment, is hereby ratified and confirmed. 
  
 (Signature Page Follows) 
  

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 IN WITNESS WHEREOF, the parties have executed this Amendment as of the date set forth above. 

 

			
	PETCO ANIMAL SUPPLIES, INC.
		
	By:	 	 /s/ Rodney Carter

	Name:	 	Rodney Carter
	Title:	 	 Senior Vice President and Chief
 Financial
Officer

	
	PETCO ANIMAL SUPPLIES STORES, INC.
		
	By:	 	 /s/ Rodney Carter

	Name:	 	Rodney Carter
	Title:	 	 Senior Vice President and Chief
 Financial
Officer

	
	EMPLOYEE
	
	  

	Print Name:	 	  

  

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 The following employees signed this Form of Second Amendment to Retention Agreement: 
  
 Rodney Carter 
 James B. Alvord 
 Therese A. Helmer (formerly
Therese A. Boll) 
 David M. Charron 
 Marc W. Corless 
 Sabine S. Crane 
 Darragh J. Davis 
 Edward A. Drury 
 Michael A. Gerety 
 Stanley B. Latacha

 William Lechtner 
 Bruce M.
Levy 
 Fred Major 
 Keith G.
Martin 
 Janet D. Mitchell 
 Richard W. Nichter 
 Sara E. Raleigh 
 Razia Richter 
 Eric J. Rosenzweig 
 Paul M. Schmitt 
 Lance Schwimmer 

Sally Stork 
 Marcie L. Whichard

 Daniel S. Wisk 
 William M.
Woodard 
 Paul Jolly 
 Mike Brown

 Stephen Gartner 
  

 4First Amendment to Deferred Compensation Plan

 Exhibit 10.20 
  
 FIRST AMENDMENT TO 
 THE PETCO ANIMAL SUPPLIES, INC. 
 DEFERRED COMPENSATION PLAN 
  
 THIS FIRST AMENDMENT TO THE PETCO ANIMAL SUPPLIES, INC. DEFERRED COMPENSATION
PLAN (this “Amendment”), effective as of January 13, 2005, is made and adopted by PETCO ANIMAL SUPPLIES STORES, INC., a Delaware corporation (formerly named PETCO Animal Supplies, Inc.) (the “Company”). Capitalized terms used but
not otherwise defined herein shall have the meanings ascribed to them in the Plan (as defined below). 
  
 RECITALS 
  
 WHEREAS, the Company maintains The PETCO Animal Supplies, Inc. Deferred Compensation Plan (the “Plan”). 
  
 WHEREAS, pursuant to an Agreement and Plan of Reorganization dated as of January 13, 2005, the Company implemented a holding company form of
organizational structure (the “Reorganization”) by the merger of PETCO Merger Co., a Delaware corporation and a wholly-owned subsidiary of PETCO Animal Supplies, Inc., a Delaware corporation formed for purposes of the Reorganization
(“Parent”), with and into the Company, with the Company being the surviving corporation. As a result of the Reorganization, the Company became a direct, wholly-owned subsidiary of Parent and ceased to be a publicly-traded company. Parent
is now a publicly-traded company on the Nasdaq National Market. 
  
 WHEREAS, pursuant to Section 11.2 of the Plan, the Plan may be amended by the Company. 
  
 WHEREAS, the Board of Directors of the Company desires to amend the Plan as set forth below to reflect the Reorganization. 
  
 NOW, THEREFORE, in consideration of the foregoing, the Company hereby amends
the Plan as follows: 
  
 1. The name of the Plan is hereby
changed to “The PETCO Animal Supplies Stores, Inc. Deferred Compensation Plan.” 
  
 2. Section 1.12 of the Plan is hereby amended to read as follows: 
  
 1.12 “Change in Control” shall mean: 
  
 (a) Any Person (as that term is used in Sections 13 and 14(d)(2) of the Securities Exchange Act of 1934, other than Parent or any of its
subsidiaries, a trustee or other fiduciary holding securities under any employee benefit plan of Parent or any of its subsidiaries, or a corporation owned directly or indirectly by the shareowners of Parent in substantially the same proportions as
their ownership of stock of Parent), or an underwriter temporarily holding securities pursuant to an offering of securities, becomes the “beneficial owner” (as used in Section 13(d) of the Securities Exchange Act of 1934), directly or
indirectly, of securities of Parent (excluding from the securities beneficially owned by such Person any securities acquired directly from Parent or its affiliates pursuant to express authorization by the Board of Directors of Parent citing this
exception) representing fifty percent (50%) or more of the combined voting power of Parent’s then outstanding voting securities and representing more than the voting power then held by the shareowner that was the largest shareowner at the time
conversion occurred; or 
  

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 (b) During any period of two (2) consecutive years (not including any period prior to
January 13, 2005), individuals who at the beginning of such period constitute the Board of Directors of Parent (and any new director, whose election by Parent’s shareowners was approved by a vote of at least two-thirds (2/3) of the directors
then still in office who either were directors at the beginning of the period or whose election or nomination for election was so approved) (collectively, the “Continuing Directors”), cease for any reason to constitute a majority thereof;
provided, however, that individuals who are appointed to the Board of Directors of Parent pursuant to or in accordance with the terms of an agreement related to a merger, consolidation, or share exchange involving Parent (or any direct
or indirect subsidiary of Parent) shall not be Continuing Directors for purposes of this Plan until after such individuals are first nominated for election by a vote of at least two-thirds (2/3) of the then Continuing Directors and are thereafter
elected as directors by the shareowners of Parent at a meeting of shareowners held following consummation of such merger, consolidation or share exchange; or 
  

(c) Any of the following occurs: (i) the Board of Directors of Parent (and, if needed, Parent’s shareowners) approve a plan of
complete liquidation of Parent; or (ii) the sale, lease, exchange, transfer or other disposition of all or substantially all of Parent’s assets; or (iii) a merger, consolidation, share exchange, or reorganization of Parent with or involving any
other corporation, other than a merger, consolidation, share exchange or reorganization that would result in the voting securities of Parent outstanding immediately prior thereto continuing to represent (either by remaining outstanding or by being
converted into voting securities of the surviving entity), more than fifty percent (50%) of the combined voting power of the voting securities of Parent (or such surviving entity) outstanding immediately after such merger, consolidation, share
exchange or reorganization. 
  
 However, in no
event shall a “Change in Control” be deemed to have occurred, with respect to a Participant, if the Participant is part of a purchasing group which consummates the Change-in-Control transaction. A Participant shall be deemed “part of
a purchasing group” for purposes of the preceding sentence if the Participant is an equity participant in the purchasing company or group (except for: (i) passive ownership of less than three percent (3%) of the stock of the purchasing company;
or (ii) ownership of equity participation in the purchasing company or group which is otherwise not significant, as determined prior to the Change in Control by a majority of the non-employee members of the Board of Directors of Parent). 

 
 The determination of whether a Change in Control has
occurred shall be made by the Committee upon request of the Company or the Participant (or beneficiary if the Participant is deceased). The Committee may require the Company to furnish evidence to determine, or to enable the Committee to determine
whether a Change in Control has occurred. In performing any of its obligations or taking any discretionary action under this Plan which is dependent upon a Change in Control having occurred, the Committee will be fully protected in relying on its
determination, which may be based upon an opinion of counsel selected by the Committee that a Change in Control has occurred, unless such a determination arises out of the Committee’s gross negligence or willful misconduct. The Committee’s
determination whether a Change in Control has occurred shall be communicated by the Committee to the Company and to the Participant (and beneficiary, if applicable) and shall be binding and conclusive on all persons. 
  
 3. Section 1.16 of the Plan is hereby amended to read as follows: 

 
 1.16 “Company” shall mean PETCO Animal Supplies
Stores, Inc., a Delaware corporation, and any successor to all, or substantially all, of the Company’s assets or business. 
  

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 4. A new Section 1.43 is hereby added to the Plan as follows: 
  
 1.43 “Parent” means PETCO Animal Supplies, Inc.,
the wholly-owning parent corporation of the Company. 
  
 5. This
Amendment is not intended to constitute a “material modification” of the Plan under Section 409A of the Code and the Internal Revenue Service guidance issued thereunder, including, without limitation, Internal Revenue Service Notice
2005-1, Q/A-18 (a “Material Modification”). To the extent any provision of this Amendment would constitute a Material Modification of the Plan, such provision shall be null and void and of no further force or effect; provided, that
the other provisions shall nevertheless remain effective and shall remain enforceable. 
  
 6. All other terms and provisions of the Plan shall remain unchanged except as specifically modified herein. 
  
 7. The Plan, as amended by this Amendment, is hereby ratified and confirmed. 
  
 I hereby certify that the foregoing Amendment was duly authorized by the Board of Directors of PETCO Animal Supplies Stores,
Inc. on March 9, 2005. 
  

			
	By:	 	 /s/ Darragh J. Davis

	Name:	 	Darragh J. Davis
	Title:	 	Secretary

  

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