Document:

EX-10.1

 Exhibit 10.1 
 SECOND AMENDMENT TO 
 EMPLOYMENT AGREEMENT 

Between 

THE TDL GROUP CORP. 
 And 
 TIM HORTONS INC. 

And 

PAUL D. HOUSE 
 WHEREAS, The TDL Group Corp. (“TDL”), Tim Hortons Inc. (“THI”) and Paul D. House (the “EXECUTIVE”) previously entered into that employment agreement effective as of
September 28, 2009 (“Agreement”); 
 WHEREAS, the EXECUTIVE became the direct employee of THI commencing
January 4, 2010 and, therefore, TDL is no longer the EXECUTIVE’S “Employer”; 
 WHEREAS THI, TDL and the
EXECUTIVE amended the Agreement effective as of February 24, 2010 (the “First Amendment”); 
 WHEREAS, the
parties mutually desire to amend the Agreement as provided herein to be effective on March 22, 2012 (the “Effective Date”); and 
 WHEREAS all capitalized terms not otherwise defined herein shall have the meaning ascribed to such terms in the Agreement, as amended by the First Amendment. 

NOW THEREFORE, in consideration of the foregoing, the past, current and future services to be performed by the EXECUTIVE, and the
EXECUTIVE’S continued employment with the Employer pursuant to the terms and conditions of the Agreement, as well as other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties agree as
follows: 
  

	 	1.	Section 5.3(b) of the Agreement is hereby deleted in its entirety and replaced by the following: 

 

	 	(b)	as severance pay and in lieu of any further salary for periods subsequent to the TERMINATION DATE, the EMPLOYER shall pay to the EXECUTIVE in a single payment an amount
in cash equal to two times the greater of (I) the sum of (A) the EXECUTIVE’S annual base salary at the rate in effect at the time NOTICE OF TERMINATION is given and (B) annual target bonus amount in effect at the time NOTICE OF
TERMINATION is given, or (II) the sum of (A) the average of the EXECUTIVE’S annual base salary at the rate in effect at the time NOTICE OF TERMINATION is given and the EXECUTIVE’S annual base salary for each of the two years prior
thereto; and (B) the average of the annual target bonus amount in effect at the time NOTICE OF TERMINATION is given and the EXECUTIVE’S annual target bonus amount for each of the two years prior thereto. 

	 	2.	Section 5.3(c) of the Agreement is hereby deleted in its entirety and replaced by the following: 

 

	 	(c)	as additional severance, the EMPLOYER shall pay to the EXECUTIVE in a single payment an amount equal to the present value of the employer contributions the EXECUTIVE
would have accrued under the EMPLOYER’S registered pension plan and supplemental plan, if any, if he had remained an employee for two years following the TERMINATION DATE. For purposes of this determination, the base salary of the EXECUTIVE
over this period shall be equal to his base salary in effect at the TERMINATION DATE, and the employee contribution rate of the EXECUTIVE under the registered pension plan shall be equal to the contribution rate in effect at the TERMINATION DATE.
Present values shall be determined using a discount rate equal to the interest rate recommended by the Canadian Institute of Actuaries for the computation of transfer values from a registered pension plan. 

 

	 	3.	Section 5.3(d) of the Agreement is hereby deleted in its entirety and replaced by the following: 

 

	 	(d)	for the two years following the TERMINATION DATE, the EMPLOYER shall at its expense continue on behalf of the EXECUTIVE and his dependents and beneficiaries the life
insurance, disability, medical, dental and hospitalization benefits which were being provided to the EXECUTIVE at the time NOTICE OF TERMINATION is given. The benefits provided in this Section 5.3(d) shall be no less favourable to the
EXECUTIVE, in terms of amounts and deductibles and costs to him, than the coverage provided the EXECUTIVE under the EMPLOYER’S plans providing such benefits at the time NOTICE OF TERMINATION is given. The EMPLOYER’S obligation hereunder
with respect to the foregoing benefits shall be limited to the extent that the EXECUTIVE obtains any such benefits pursuant to a subsequent employer’s benefit plans, in which case the EMPLOYER may reduce the coverage of any benefits it is
required to provide the EXECUTIVE hereunder as long as the aggregate coverage of the combined benefit plans is no less favourable to the EXECUTIVE in terms of amounts and deductibles and costs to him, than the coverage which would be provided
hereunder by the EMPLOYER to the EXECUTIVE at the time the NOTICE OF TERMINATION is given. Except as expressly set forth above, this paragraph (d) shall not be interpreted so as to limit any benefits to which the EXECUTIVE or his dependents may
be entitled under any of the EMPLOYER’S employee benefit plans, programs or practices following the EXECUTIVE’S termination of employment. Where such benefits as contemplated in this section 5.3(d) are not available to EXECUTIVE as a
result of EXECUTIVE not being employed by the EMPLOYER, the EMPLOYER shall pay, in a lump sum, the present value of the cost of such benefits, had they been available under the same terms and conditions and the EMPLOYER benefit plans, and net of any
required contribution by the EXECUTIVE. 

  

	 	4.	Section 5.3(e) of the Agreement is hereby deleted in its entirety and replaced by the following: 

 

	 	(e)	for the two years following the TERMINATION DATE, the EMPLOYER shall pay to the EXECUTIVE a monthly allowance equal to a pre-determined monthly amount for the car
payment, gas, maintenance and insurance for the grade level of the EXECUTIVE, established by the EMPLOYER from time to time, to replace the benefit of the car being used by the EXECUTIVE prior to the TERMINATION DATE. The EXECUTIVE shall return the
car being used by such EXECUTIVE to the EMPLOYER upon the TERMINATION DATE. 

	 	5.	Section 6 of the Agreement, as amended by the First Amendment, is hereby amended by deleting the last sentence of Section 6 and replacing it by the following:

 If, during the Employment Term, the EXECUTIVE’S employment is terminated by the Employer for Cause, by the
EXECUTIVE’S death, or by the EXECUTIVE other than for Good Reason, the treatment of any options to purchase shares of THI, any stock appreciation rights or restricted stock units, or other equity awards granted by THI to the EXECUTIVE, or any
stock award to the EXECUTIVE by THI shall be determined pursuant to the terms of the applicable THI Stock Incentive Plan, which shall be in effect, as amended, supplemented or restated, as of the applicable time, that governs the treatment of such
options, stock appreciation rights, restricted stock units, stock awards or other equity awards. 
  

	 	6.	Any and all of the terms and provisions of the Agreement, as amended by the First Amendment, shall, except as expressly amended and modified hereby, remain in full
force and effect. 

 IN WITNESS WHEREOF, the parties have executed, or caused their duly authorized representatives to execute,
this Second Amendment to be effective as of the Effective Date. 
  

									
	TIM HORTONS INC.	 		 	THE TDL GROUP CORP.
					
	By:	 	/s/ JILL E. AEBKER	 		 	By:	 	/s/ JILL E. AEBKER
	Its:	 	Senior Vice President, General Counsel and Secretary	 		 	Its:	 	Senior Vice President, General Counsel and Secretary
			
	EXECUTIVE	 		 	
				
	/s/ PAUL D. HOUSE	 		 		 	
	Paul D. HouseAGREEMENT WITH JONATHAN P. FOSTER, DATED MARCH 16, 2012

 Exhibit 10.1 
 CONSULTING AGREEMENT 
 THIS CONSULTING AGREEMENT (this
“Agreement”) is made and entered into effective as of the 16th day of March, 2012 (the “Effective Date”), by and between InfuSystem Holdings, Inc., a Delaware corporation, having a business address of 2450 South Shore Blvd.,
Suite 402, League City, Texas 77573 (the “Company”), and Jonathan P. Foster, having a business address of 109 Red Berry Lane, Easley, South Carolina 29642 (“Consultant”). 

WITNESSETH: 
 WHEREAS, the Company is desirous of Consultant providing certain services to the Company, and Consultant desires to provide such services to the Company; 

NOW, THEREFORE, in consideration of the premises and mutual covenants herein contained, the parties hereto hereby agree as follows:

 1. Services. The Company hereby retains Consultant to serve as the Company’s Chief Financial Officer effective as
of the Effective Date and to exercise such authority, perform such executive duties and functions and discharge such responsibilities as the Chief Executive Officer of the Company may from time to time determine, consistent with the
Consultant’s position in the Company. 
 2. Compensation. In consideration for the services
provided by the Consultant hereunder, the Company shall pay the Consultant a fee of $25,000 on the 15th day of each month during the Term and $25,000 on the last day of each month during the Term. The Company agrees to begin with a payment of $25,000 on March 16, 2012. The Consultant agrees to waive
participation in all of Company’s employee benefit plans, programs or arrangements, to the extent legally possible without violating the terms of any such plans, programs or arrangements, and sign any documentation that may be necessary to
effect such waiver. 
 3. Expenses. The Company agrees to reimburse the Consultant for all expenses reasonably and
actually incurred by the Consultant in performing services under this Agreement, including but not limited to travel, maintaining necessary certifications, cell phone and office supplies, in accordance with Company policy as applicable to other
executive officers. 
 4. Term; Termination. This Agreement shall be effective as of the Effective Date and shall
continue until September 15, 2012 (the “Term”). Prior to expiration of the Term, the Company may terminate this Agreement and the Consultant’s engagement hereunder, provided that unless such termination is for Cause, the Company
will not be relieved of its obligation to make the payments as scheduled pursuant to paragraph 2 through the expiration of the Term. For purposes of the foregoing, Cause shall mean the Consultant’s: (i) material failure, refusal, or
neglect to perform his reasonable responsibilities as Chief Financial Officer, (ii) conviction of a felony or crime involving moral turpitude, or (iii) gross negligence or willful misconduct that has an adverse effect upon the Company;
provided that with respect to (i) and (iii) above, to the extent curable, the Company shall first provide the Executive with 30 days advance written notice of a proposed termination for Cause, and an opportunity to cure the conduct giving
rise to the proposed termination for Cause within such 30 day period. 

  
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 5. Possible Employment at End of Term. The parties acknowledge that at the end of the
Term it is anticipated that the Company will hire the Consultant as a permanent employee to serve as the Chief Financial Officer of the Company, if the Company then needs a permanent Chief Financial Officer and if the Consultant has performed
satisfactorily during the Term. The parties will enter into an employment agreement at that time on terms to be negotiated by the parties. 
 6. Cooperation with the Company. The Consultant shall cooperate and work with the Company in connection with the Consultant’s activities under this Agreement. The Consultant shall keep the
Company informed as to the Consultant’s activities under this Agreement. Unless otherwise instructed in writing, Consultant shall report to, and deal with, the Chief Executive Officer of the Company in connection with his performance hereunder.

 7. Relationship of the Parties; Taxes. Both the Company and Consultant agree that Consultant will act as an
independent contractor in the performance of his duties under this Agreement. Nothing contained in this Agreement shall be deemed to constitute a relationship of agency, joint venture, partnership or any other relationship than that specified.
Amounts payable hereunder shall be subject to applicable withholding taxes. 
 8. Indemnification. During the Term and
thereafter, the Company shall indemnify the Consultant to the fullest extent permitted by applicable law, and the Consultant shall be entitled to the protection of insurance policies the Company may elect to maintain generally for the benefit of its
officers, with respect to all costs, charges and expenses whatsoever incurred or sustained by the Consultant in connection with any action, suit or proceeding to which he may be made a party by reason of being or having been an officer of the
Company or having served any other enterprise as a director, officer or employee at the request of the Company. The Company shall maintain director and officer insurance at reasonable and customary levels which shall also cover the Consultant.

 9. Notice. For purposes of this Agreement, notices, demands and all other communications provided for in this
Agreement shall be in writing and shall be deemed to have been duly given when delivered by hand, via overnight courier or by United States mail, certified or registered, return receipt requested, postage prepaid, to the respective business
addresses set forth in the opening paragraph of this Agreement. 
 10. Modification, Waiver, Amendments. No provision of
this Agreement may be waived or discharged unless such waiver or discharge is agreed to in writing, signed by the Consultant and the Company. No waiver by any party hereto at any time of any breach by any other party hereto of, or compliance with,
any condition or provision of this Agreement to be performed by such other party shall be deemed a waiver of any similar or dissimilar provisions or conditions at the same or at any prior or subsequent time. No amendments, modifications or additions
to this Agreement, including but not limited to any modification to the Term, shall be binding unless in writing and signed by all parties hereto. 

  
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 11. Applicable Law. This Agreement shall be governed in all respects whether as to
validity, construction, capacity, performance or otherwise, by the laws of the State of South Carolina, without regard to choice of law principles. 
 12. Severability. The provisions of this Agreement shall be deemed severable and the invalidity or unenforceability of any provision shall not affect the validity or enforceability of the other
provisions hereof. 
 13. Entire Agreement. This Agreement constitutes the entire agreement between the parties with
respect to the subject matter hereof, and any prior understanding or representation of any kind preceding the date of this Agreement shall not be binding upon either party except to the extent incorporated in this Agreement. 

14. Assignment, Delegation and Subcontracting. Neither party may assign, delegate or subcontract its rights or obligations under
this Agreement without express written consent of the other party. 
 15. Counterparts. This Agreement may be executed in
one or more counterparts, each of which shall be deemed to be an original but all of which together shall constitute one and the same instrument. 
 [Signatures on Following Page.] 

  
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 IN WITNESS WHEREOF, the parties have executed this Consulting Agreement to be effective as
of the day and year first hereinabove written. 
  

			
	INFUSYSTEM HOLDINGS, INC.
		
	By:	 	 /s/ Sean McDevitt

			
	Name:	 	 Sean McDevitt

			
	Its:	 	 Chief Executive Officer

	
	CONSULTANT
	
	 /s/ Jonathan P. Foster

	Jonathan P. Foster

  
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