Document:

Exhibit 10.13

             

            
            AMENDED AND RESTATED

            
            EMPLOYMENT AGREEMENT

             

            
            THIS AMENDED AND RESTATED EMPLOYMENT AGREEMENT
            is made and entered into as of the 30th day of April, 2008
            (“Agreement”) by and between THE PANTRY, INC., a Delaware corporation (the
            “Corporation”), and Peter J. Sodini (the
            “Employee”).

            
             

            W
            I T N E S S E T H:

             

            
            WHEREAS, the Corporation desires to employ
            Employee as President and CEO of the Corporation on the terms and conditions
            hereinafter set forth, and Employee is desirous of accepting said employment;
            and

            
             

            
            WHEREAS, the Corporation and Employee are
            parties to an employment agreement dated October 1, 1997 which the parties have amended
            by five amendments dated April 1, 1999, September 21, 2001, August 28, 2002, December
            7, 2003, and November 17, 2005 (the employment agreement as amended by the five
            amendments, the “Employment Agreement”). The parties wish to amend and
            restate the Employment Agreement as provided herein.

            
             

            
            NOW, THEREFORE, in consideration of the
            employment of Employee, the mutual terms and conditions set forth below, and other good
            and valuable consideration, the receipt and sufficiency of which is hereby
            acknowledged, the parties agree as follows:

            
             

            
            1.   
            Employment and Term.
            Subject to the terms and conditions of this Agreement, the Corporation
            agrees to employ the Employee in a full time capacity to serve as President and CEO for
            a term commencing on October 1, 1997 and ending on September 30, 2009. Employee will
            carry out faithfully and to the best of his abilities such duties and have such
            responsibilities as would normally be carried out by the President and CEO of the
            Corporation, subject to the control of and in accordance with the directives and
            policies of the Board of Directors of the Corporation. The employment of Employee shall
            be on a full time basis, but the Employee may be a passive investor or otherwise have a
            passive interest in other businesses, partnerships and entities so long as such other
            activities of the Employee do not interfere with the performance of his duties
            hereunder and so long as such other businesses, partnerships and entities do not cause
            the Employee to violate the non-competition restrictions of this Agreement.

             

            
            2.         
            Compensation.
            The Corporation shall provide Employee with an annual salary equal to
            $800,000.00 payable in equal monthly installments, or such other schedule established
            by the Corporation. The annual salary may, at the option of the Board of Directors, be
            subject to annual increases upon review by the Board of Directors. Any such reviews
            will be made after completion of the Corporation’s fiscal year, with any
            increases to be retroactive to the first day of the fiscal year.

             

            
            3.         
            Bonus Program and Other
            Benefits. Employee shall be
            eligible to participate in a manner commensurate with other senior management employees
            of the Corporation in all benefits or other programs available, to the extent such
            exist or are sponsored by the Corporation. Without limiting the generality of the
            foregoing, Employee shall participate in an incentive bonus program which shall provide
            for a payout of a minimum of 25% upon the achievement of goals determined by the Board
            of Directors.

             

            
            

            

            

             

            
            4.         
            Car Allowance.
            During the term of this Agreement, the Corporation shall provide
            Employee with a company car.

             

            
                	
                            
                             

                        	
                            
                            5.

                        	
                            
                            Employment Termination Prior to Change In
                            Control.

                        

            

             

            
            5.1       
            Termination By The
            Corporation. Prior to a
            Change in Control (as defined in Section 6.1 hereof), the Corporation may terminate
            Employee’s employment upon the occurrence of any of the following:

             

            
            (a)       At
            the election of the Corporation for just cause, immediately upon written notice by the
            Corporation to Employee. For the purpose of this Section 5.1(a), just cause for
            termination shall be deemed to exist in the event of: (A) the willful and continued
            failure by Employee to substantially perform his duties with the Corporation after
            written instruction by the Corporation to do so, (B) the engaging by Employee in
            conduct which is demonstrably and materially injurious to the Corporation, (C) the
            conviction of Employee of, or the entry of a pleading of guilty or nolo contendere by
            Employee to, any crime involving moral turpitude or any felony, (D) material breach by
            Employee of any of the terms of this Agreement or (E) gross negligence or willful
            misconduct in the performance of his duties.

             

            
            (b)       Upon
            death or upon determination of disability of Employee. As used in this Section 5, the
            term “disability” or “disabled” shall mean the failure of
            Employee, due to a physical or mental disability, for a period of 180 days, during any
            consecutive 12-month period, to substantially perform the services contemplated under
            this Agreement with or without reasonable accommodation and as determined by the
            Corporation in its reasonable discretion and in accordance with applicable
            law.

             

            
            (c)       At
            the election of the Corporation at any time upon thirty (30) days prior written notice
            to Employee and subject to the provisions of Section 5.3(b).

             

            
            5.2       
            Termination By The
            Employee. The Employee may
            terminate his employment upon 30 days’ notice to the Corporation.

             

            
                	
                            
                             

                        	
                            
                            5.3

                        	
                            
                            Effect of Termination Prior To Change In
                            Control.

                        

            

             

            
            (a)       In
            the event Employee’s employment is terminated pursuant to Sections 5.1(a) or (b)
            or should the Employee terminate his employment pursuant to Section 5.2, the
            Corporation shall pay to Employee the compensation and benefits otherwise payable to
            him under Section 2 through the last day of his actual employment by the Corporation
            (for termination for just cause or upon death) or his effective date of termination
            (for termination upon disability).

             

            
            (b)       Should
            Employee’s employment be terminated by the Corporation pursuant to Section 5.1(c)
            (at the election of the Corporation at any time), then the Corporation shall pay or
            provide to the Employee regardless of the number of months then remaining in the term
            of this Agreement:

             

            
                	
                             

                        	
                            
                            (i)

                        	
                            
                            amounts due on the effective termination
                            date;

                        

            

             

            
            (ii)       an
            amount equal to his then current monthly salary (less applicable withholdings) for
            eighteen (18) months, payable in substantially equal monthly

             

            
            2

             

            
            

            

            

            
            installments on the last business day of each applicable month. For
            purposes of Section 409A of the Internal Revenue Code of 1986, as amended
            (“Section 409A”), as applicable, each installment payment shall be
            considered a separate payment;

             

            
            (iii)      unless
            Employee obtains comparable group health insurance coverage from a subsequent employer,
            then, for the eighteen (18) months following the termination of Employee’s
            employment, Employee may elect to continue participation in the Corporation’s
            group health insurance plan in which Employee participated upon termination of
            employment by electing continuation coverage under the Consolidated Omnibus Budget
            Reconciliation Act (“COBRA”). For the eighteen (18) month continuation
            period, the Corporation shall reimburse Employee for that portion of the COBRA premiums
            that are in excess of the amount Employee paid for group health plan coverage
            immediately prior to termination from employment. In the event Employee prefers to
            obtain coverage under an individual health insurance policy that is less expensive than
            COBRA coverage rather than electing COBRA continuation coverage, the Corporation shall,
            for eighteen (18) months, reimburse Employee for that portion of the premium payments
            that are in excess of the amount Employee paid for group health plan coverage
            immediately prior to termination of employment. All reimbursements required under this
            Section 5.3(b)(iii) shall be paid as soon as reasonably practicable following
            Employee’s submission of proof of timely premium payments to the Corporation;
            provided, however, that all such claims for reimbursement shall be submitted by
            Employee and paid by the Corporation no later than twenty-one (21) months following
            Employee’s termination of employment.

             

            
            (c)       If
            Employee’s employment is terminated by death or because of disability either
            before or after a Change in Control (as hereinafter defined) pursuant to Section
            5.1(b), the Corporation shall pay to the estate of the Employee or to Employee, as the
            case may be, an amount equal to Employee’s then current salary for twelve (12)
            months (less any applicable taxes and withholdings and less any amounts paid or payable
            to Employee under any disability plan). Any payments paid to Employee or his estate
            pursuant to this Section shall be paid in substantially equal installments on the last
            business day of each applicable month. For purposes of Section 409A, as applicable,
            each installment payment shall be considered a separate payment.

             

            
                	
                            
                             

                        	
                            
                            6.

                        	
                            
                            Employment and Termination Subsequent To A Change
                            of Control.

                        

            

             

            
            6.1       
            Definition of Change of
            Control. For purposes of
            this Agreement, a “Change in Control” shall mean a change in control of the
            Corporation occurring after the date hereof that is of a nature that would be required
            to be reported in response to Item 6(e) of Schedule 14A of Regulation 14A promulgated
            under the Securities Exchange Act of 1934, as amended (the “Exchange Act”),
            whether or not the Corporation is in fact required to comply therewith; provided, that,
            without limitation, such a change in control shall be deemed to have occurred in the
            following circumstances:

             

            
            (a)       any
            “person” (as such term is used in Sections 13(d) and 14(d) of the Exchange
            Act), other than the Corporation, trustee or other fiduciary holding securities under
            an employee benefit plan of the Corporation or a corporation owned, directly or
            indirectly, by the stockholders of the Corporation in substantially the same
            proportions as their ownership of stock of the Corporation or the existing holders of
            capital stock of the Corporation as of the date hereof, is or becomes the
            “beneficial owner” (as defined in Rule 13d-3 under the Exchange Act),
            directly or indirectly, of securities of the Corporation representing more than 50% of
            the combined voting power of the Corporation’s then outstanding
            securities;

             

            
            3

             

            
            

            

            

             

            
            (b)       the
            consummation of a merger or consolidation of the Corporation with any other
            corporation, other than (i) a merger or consolidation which would result in the voting
            securities of the Corporation outstanding immediately prior thereto continuing to
            represent (either by remaining outstanding or by being converted into voting securities
            of the surviving entity) at least 50% of the combined voting securities of the
            Corporation or such surviving entity outstanding immediately after such merger or
            consolidation or (ii) a merger or consolidation effected to implement a
            recapitalization of the Corporation (or similar transaction) in which no
            “person” (as hereinabove defined and subject to the exceptions contained in
            such definition) acquires more than 50% of the combined voting power of the
            Corporation’s then outstanding securities;

             

            
            (c)       the
            stockholders of the Corporation approve a plan of complete liquidation of the
            Corporation or an agreement for the sale or disposition by the Corporation of all or
            substantially all of the Corporation’s assets; or

             

            
            (d)       during
            any period of twenty-four (24) consecutive months, the individuals who constitute the
            Board of Directors of the Corporation at the beginning of such period (the
            “Incumbent Directors”) cease for any reason to constitute a majority of the
            Board of Directors; provided, however, that a director who is not a director at the
            beginning of such period shall be deemed to be an Incumbent Director if such director
            is elected or recommended for election by a majority of the directors who are then
            Incumbent Directors.

             

            
            6.2       
            Termination Following Change In
            Control. Unless
            Employee’s employment is terminated:

             

            
            (a)       because
            of Employee’s death or disability (as defined in Section 6.2(i)), in which case,
            the Corporation shall make payments to the estate of the Employee or to Employee, as
            the case may be, as provided in Section 5.3(c) above;

             

            
                	
                            
                             

                        	
                            
                            (b)

                        	
                            
                            by the Corporation for Cause as defined in Section
                            6.2(ii);

                        

            

             

            
            (c)       by
            Employee other than for Good Reason as defined in Section 6.2(iii);

             

            upon
            termination of Employee’s employment subsequent to a Change of Control regardless
            of the number of months then remaining in the term of this Agreement, Employee shall be
            entitled to a severance payment equal to Employee’s then current monthly salary
            for twenty-four (24) months plus an amount equal to two (2) times the value of
            Employee’s target bonus, as described in the Corporation’s Annual Incentive
            Compensation Plan (“Target Bonus”), for the year in which the termination
            occurs (less any applicable taxes and withholdings) with such severance payment
            beingpayable in substantially equal installments on the last
            business day of each applicable month. For purposes of Section 409A, as applicable,
            each installment payment shall be considered a separate payment. Employee’s
            entitlement to such payments shall not be reduced by subsequent employment, provided
            that no payments shall be made under this Section 6.2 to the extent such payments would
            constitute “excess parachute payments” under the Internal Revenue Code of
            1986, as amended (the “Code”).

             

            
            In addition, in the event of such termination, for twenty-four (24)
            months following the termination of Employee’s employment, the Corporation shall
            reimburse Employee for certain premiums paid for health insurance coverage as described
            in this Section 6.2.

             

            
            4

             

            
            

            

            

            
            Employee may elect to continue coverage under the Corporation’s
            group health insurance plan in which he participated on the effective date of the
            termination of employment by election of continuation coverage under COBRA, subject to
            the terms of the group health plan and applicable law. The Corporation shall reimburse
            Employee for that portion of the COBRA premiums that are in excess of the amount
            Employee paid for group health plan coverage immediately prior to termination of
            employment for the lesser of: (i) the maximum COBRA period for which Employee is
            eligible, or (ii) twenty-four (24) months following termination of employment. At
            the end of the maximum COBRA continuation period, the Corporation shall further
            reimburse Employee for that portion of health insurance premiums under a fully insured,
            individual health insurance policy that are in excess of the amount Employee paid for
            coverage under the Corporation’s group health plan immediately prior to
            termination of employment. Such individual health insurance policy reimbursements shall
            continue for no longer than the remainder, if any, of the twenty-four (24) month health
            insurance continuation period following expiration of the maximum COBRA continuation
            period. Notwithstanding the foregoing, in the event Employee prefers to initially
            obtain health insurance coverage under a fully insured, individual health insurance
            policy that is less expensive than COBRA coverage, the Corporation shall reimburse
            Employee for premiums that are in excess of the amount Employee paid for health
            insurance under the Corporation’s group health plan immediately prior to
            termination for twenty-four (24) months. All such reimbursements required pursuant to
            this Section 6.2 shall be paid as soon as reasonably practicable following
            Employee’s submission of proof of timely premium payments to the Corporation;
            provided, however, that all such claims for reimbursement shall be submitted by
            Employee and paid by the Corporation no later than twenty-seven (27) months following
            Employee’s termination of employment.

             

            
            (i)        
            Disability.
            If Employee is “disabled” as defined in Section 5.1(b), and
            within thirty (30) days after written notice of termination is given he shall not have
            returned to the full-time performance of his duties, Employee’s employment may be
            terminated.

             

            
            (ii)       
            Cause.
            Termination by the Corporation of Employee’s employment for
            “Cause” shall mean termination in the event of: (A) the willful and
            continued failure by Employee to substantially perform his duties with the Corporation
            after written instruction by the Corporation to do so, (B) the engaging by Employee in
            conduct which is demonstrably and materially injurious to the Corporation, or (C) the
            conviction of Employee of, or the entry of a pleading of guilty or nolo contendere by
            Employee to, any crime involving moral turpitude or any felony.

             

            
            (iii)      
            Good Reason.
            Employee shall be entitled to terminate his employment for Good Reason.
            For purposes of this Agreement, “Good Reason” shall mean (1) during the
            twelve (12) month period following a Change in Control, a good faith determination by
            Employee that, as a result of the Change in Control, he is not able to discharge his
            duties effectively, (2) at such time as a good faith determination is made by the
            Employee that he cannot carry out his duties consistent with his ethical
            responsibilities, or (3) without Employee’s express written consent, the
            occurrence after a Change in Control of any of the following circumstances:

             

            
            (A)       the
            assignment to Employee of any duties inconsistent (except in the nature of a promotion)
            with the position in the Corporation that he held immediately prior to the Change in
            Control or a substantial adverse alteration in the nature or status of his position or
            responsibilities or the conditions of his employment from those in effect immediately
            prior to the Change in Control;

             

            
            5

             

            
            

            

            

            
            (B)       a
            material reduction by the Corporation in Employee’s annual base salary and Target
            Bonus as in effect on the date hereof or as the same may be increased from time to
            time;

             

            
            (C)       the
            Corporation’s requiring Employee to be based more than twenty-five (25) miles
            from the Corporation’s offices at which he was principally employed immediately
            prior to the date of the Change in Control;

             

            
            (D)       the
            failure by the Corporation to pay to Employee any portion of his current compensation
            or compensation under any deferred compensation program of the Corporation within seven
            (7) days of the date such compensation is due;

             

            
            (E)       the
            failure by the Corporation to continue in effect any material compensation or benefit
            plan in which Employee participates immediately prior to the Change in Control unless
            an equitable arrangement (embodied in an ongoing substitute or alternative plan) has
            been made with respect to such plan, or the failure by the Corporation to continue the
            Employee’s participation therein (or in such substitute or alternative plan) on a
            basis not materially less favorable, both in terms of the amount of benefits provided
            and the level of his participation relative to other participants, than existed at the
            time of the Change in Control;

             

            
            (F)       the
            failure by the Corporation to continue to provide Employee with benefits substantially
            similar to those enjoyed by him under any of the Corporation’s plans in which he
            was participating at the time of the Change in Control, the taking of any action by the
            Corporation which would directly or indirectly materially reduce any of such benefits
            or deprive Employee of any material fringe benefit enjoyed by him at the time of the
            Change in Control, or the failure by the Corporation to provide Employee with the
            number of paid vacation days to which he is entitled on the basis of his years of
            service with the Corporation in accordance with the Corporation’s normal vacation
            policy in effect at the time of the change in control; or

             

            
            (G)      the
            failure of the Corporation to obtain a satisfactory agreement from any successor to
            assume and agree to perform this Agreement, as contemplated in Section 12
            hereto.

             

            
            Employee’s right to terminate his employment pursuant to this
            subsection shall not be affected by his incapacity due to physical or mental illness.
            Employee’s continued employment shall not constitute consent to, or a waiver of
            rights with respect to, any circumstance constituting Good Reason hereunder.

             

            
            7.         
            Moving Expenses.
            In the event of any termination of Employee’s employment, other
            than by the Corporation for “just cause” as defined in Section 5.1(a),
            Employer shall be entitled to a lump sum payment of funds reasonably sufficient to
            transport all of Employee’s household effects and two automobiles to any location
            of the Employee’s choice in the continental United States; provided, however,
            such payment shall be made no later than March 15 of the year following the year in
            which the termination of employment occurred.

             

            
                	
                            
                             

                        	
                            
                            8.

                        	
                            
                            Covenants.

                        

            

             

            
            (a)       
            Non-competition
            Covenant. During
            Employee’s employment and extending through the period ending on the later of (A)
            18 months after termination or (B) the

             

            
            6

             

            
            

            

            

            date
            in which Employee is no longer receiving severance benefits, Employee shall not, either
            individually or on behalf of another, directly or indirectly, as employer, employee,
            owner, stockholder, investor, consultant, independent contractor, agent, or otherwise
            enter into or in any manner participate in the convenience store business in North
            Carolina, South Carolina, Tennessee, Georgia, Florida, Kentucky or Indiana or within
            any other state in which the Corporation or its affiliates operate ten (10) or more
            convenience stores upon the date of termination of employment.

             

            
            (b)       
            No Interference With
            Employees. Employee agrees
            that during Employee’s employment and extending through the period ending on the
            later of (A) 18 months after termination or (B) the date in which Employee is no longer
            receiving severance benefits, Employee will not directly or indirectly, request or
            induce any other employee of the Corporation or its affiliates or any person who was
            employed by the Corporation or its affiliates in the six months prior to the request or
            inducement to: (i) terminate employment with the Corporation, or (ii) accept employment
            with another business entity, or (iii) become engaged in the convenience store business
            in competition with the Corporation.

             

            
                	
                            
                             

                        	
                            
                            (c)

                        	
                            
                            Trade Secrets; Confidential
                            Information.

                        

            

             

            
            (i)        
            General.
            Employee recognizes and acknowledges that Employee will have access to
            certain highly sensitive, special, unique information of the Corporation that is
            confidential or proprietary. Employee hereby covenants and agrees during the term of
            this Agreement and at all times thereafter not to use or disclose any Confidential
            Information (as hereinafter defined) or trade secrets except for the benefit of the
            Corporation and to authorized representatives of the Corporation or except as required
            by any governmental or judicial authority; provided, however, that the foregoing
            restrictions shall not apply to items that, through no fault of Employee’s, have
            entered the public domain.

             

            
            (ii)       
            Confidential
            Information. For purposes of
            this Agreement, “Confidential Information” means any data or information
            with respect to the business conducted by the Corporation, that is material to the
            Corporation and not generally known by the public. To the extent consistent with the
            foregoing definition, Confidential Information includes without limitation: (A)
            reports, pricing, sales manuals and training manuals, selling and pricing procedures,
            and financing methods of the Corporation, together with any techniques utilized by the
            Corporation in designing, developing, manufacturing, testing or marketing its products
            or in performing services for clients, customers and accounts of the Corporation; and
            (B) the business plans and financial statements, reports and projections of the
            Corporation.

             

            
            (iii)      
            Ownership Return.
            Employee acknowledges that all trade secrets and Confidential
            Information are and shall remain the sole, exclusive and valuable property of the
            Corporation and that Employee has and shall acquire no right, title or interest
            therein. Any and all printed, typed, written or other material which Employee may have
            or obtain with respect to trade secrets or Confidential Information (including without
            limitation all copyrights therein) shall be and remain the exclusive property of the
            Corporation, and any and all material (including any copies) shall, upon request of the
            Corporation, be promptly delivered by Employee to the Corporation.

             

            
            (d)       
            Validity of Covenants.
            Employee agrees that the restrictive covenants contained in this
            Agreement are reasonably necessary to protect the legitimate business and other
            interests of the Corporation, and reasonable with respect to time and territory, and do
            not interfere with the interests of the public.

             

            
            7

             

            
            

            

            

             

            
            (e)       
            Specific Performance.
            Employee agrees that a breach or violation of any of the covenants under
            this Agreement will result in immediate and irreparable harm to the Corporation in an
            amount which will be impossible to ascertain at the time of the breach or violation and
            that the award of monetary damages will not be adequate relief to the Corporation.
            Therefore, the failure on the part of Employee to perform all of the covenants
            established by this Agreement shall give rise to a right of the Corporation to obtain
            enforcement of this Agreement in a court of equity by a decree of specific performance
            or other injunctive relief. This remedy, however, shall be cumulative and in addition
            to any other remedy the Corporation may have.

             

            
            9.         
            Delayed Distribution to Key
            Employees. If the
            Corporation determines, in accordance with Sections 409A and 416(i) of the Code and the
            regulations promulgated thereunder, in the Corporation’s sole discretion, that
            Employee is a Key Employee of the Corporation on the date his employment with the
            Corporation terminates and that a delay in severance pay and benefits provided under
            this Agreement is necessary for compliance with Section 409A(a)(2)(B)(i), then any
            severance payments and any continuation of benefits or reimbursement of benefit costs
            provided under this Agreement and not otherwise exempt from Section 409A shall be
            delayed for a period of six (6) months (the “409A Delay Period”). In such
            event, any such severance payments and the cost of any such continuation of benefits
            provided under this Agreement that would otherwise be due and payable to Employee
            during the 409A Delay Period shall be paid to Employee in a lump sum cash amount in the
            month following the end of the 409A Delay Period. For purposes of this Agreement,
            “Key Employee” shall mean an employee who, on an Identification Date
            (“Identification Date” shall mean each December 31) is a key employee as
            defined in Section 416(i) of the Code without regard to paragraph (5) of that section.
            If Employee is identified as a Key Employee on an Identification Date, then Employee
            shall be considered a Key Employee for purposes of this Agreement during the period
            beginning on the first April 1 following the Identification Date and ending on the
            following March 31.

             

            
            10.       
            Notices.
            Any and all notices, designations, consents, offers, acceptances, or any
            other communications provided for herein shall be given in writing and shall be deemed
            given three (3) days after the date postmarked if sent by first class, United States
            mail or by registered or certified mail, return receipt requested; or on the date
            actually received if sent by express mail or other similar overnight delivery or if
            hand delivered, which shall be addressed to the Corporation at its principal office and
            to the Employee at his last address as shown on the records of the
            Corporation.

             

            
            11.       
            Governing Law.
            This Agreement shall be subject to and governed by the laws of the State
            of North Carolina.

             

            
            12.       
            Invalid Provision.
            The invalidity or unenforceability of any particular provision of this
            Agreement shall not affect the other provisions hereof, and this Agreement shall be
            construed in all respects as if such invalid or unenforceable provision were
            omitted.

             

            
            13.       
            Binding Effect.
            This Agreement shall be binding upon and inure to the benefit of the
            Corporation and Employee and their respective heirs, legal representatives, executors,
            administrators, successors and assigns, provided that Employee may not assign his
            rights or delegate his obligations hereunder.

             

            
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                            14.

                        	
                            
                            Entire
                            Agreement.

                        

            

             

            
            (a)       This
            Agreement constitutes the entire agreement among the parties with respect to the
            subject matter hereof and supersedes any and all other agreements, either oral or in
            writing, among the parties hereto with respect to the subject matter hereof.

             

            
            (b)       This
            Agreement may not be changed orally, but may be amended, revoked, changed or modified
            at any time by a written agreement executed by the Employee and the
            Corporation.

             

            
            IN WITNESS WHEREOF, this Agreement has been
            duly executed on the day and year set forth above.

            
             

            
                	
                            
                             

                        	
                            
                             

                        	
                            
                            THE PANTRY, INC.

                        
	
                            
                             

                        	
                            
                             

                        	
                            
                             

                        	
                            
                             

                        
	
                            
                             

                        	
                            
                             

                        	
                            
                             

                        	
                            
                             

                        
	
                            
                             

                        	
                            
                             

                        	
                            
                             

                        	
                            
                             

                        
	
                            
                             

                        	
                            
                             

                        	
                            
                            By:

                        	
                            
                            /s/ Edwin J. Holman 4/30/08

                        
	
                            
                             

                        	
                            
                             

                        	
                            
                             

                        	
                            
                            Edwin J. Holman

                        
	
                            
                             

                        	
                            
                             

                        	
                            
                             

                        	
                            
                            Chairman, Compensation and

                        
	
                            
                             

                        	
                            
                             

                        	
                            
                             

                        	
                            
                            Organization Committee

                        
	
                            
                             

                        	
                            
                             

                        	
                            
                             

                        	
                            
                             

                        
	
                            
                             

                        	
                            
                             

                        	
                            
                            EMPLOYEE:

                        
	
                            
                             

                        	
                            
                             

                        	
                            
                             

                        	
                            
                             

                        
	
                            
                             

                        	
                            
                             

                        	
                            
                             

                        	
                            
                             

                        
	
                            
                             

                        	
                            
                             

                        	
                            
                            /s/ Peter J. Sodini 5/1/08

                        
	
                            
                             

                        	
                            
                             

                        	
                            
                             

                        	
                            
                            Peter J. Sodini

                        
	
                            
                             

                        	
                            
                             

                        	
                            
                             

                        	
                            
                             

                        
	
                            
                             

                        	
                            
                             

                        	
                            
                            EXECUTIVE OFFICER:

                        
	
                            
                             

                        	
                            
                             

                        	
                            
                             

                        	
                            
                             

                        
	
                            
                             

                        	
                            
                             

                        	
                            
                             

                        	
                            
                             

                        
	
                            
                             

                        	
                            
                             

                        	
                            
                            /s/ Frank G. Paci

                        
	
                            
                             

                        	
                            
                             

                        	
                            
                             

                        	
                            
                            Frank G. Paci

                        

            

             

             

             

             

            
            9Exhibit 10.14

             

            
            FIRST AMENDMENT TO

            
            AMENDED AND RESTATED

            
            EMPLOYMENT AGREEMENT

             

             

            
            THIS FIRST AMENDMENT TO AMENDED AND RESTATED EMPLOYMENT
            AGREEMENT (“Amendment”) is made and entered into
            as of the 2nd day of May, 2008, by and between THE PANTRY, INC., a Delaware
            corporation (the “Corporation”) and MELISSA H. ANDERSON (the
            “Employee”).

             

            
            WITNESSETH:

             

            
            WHEREAS, the Corporation and Employee
            entered into an Amended and Restated Employment Agreement dated as of November 20, 2007
            (the “Employment Agreement”); and

             

            
            WHEREAS, the parties desire to clarify
            their intent regarding severance pay and benefits under circumstances described in
            Section 6.2 of the Employment Agreement and desire to amend the Employment Agreement in
            certain other respects as set forth below.

             

            
            NOW, THEREFORE, in consideration of the
            mutual terms and conditions set forth below and other good and valuable consideration,
            the receipt and sufficiency of which are hereby acknowledged, the Corporation and
            Employee agree that the Employment Agreement shall be amended as follows:

             

            
                	
                            
                             

                        	
                            
                            1.

                        	
                            
                            The first sentence of Section 3 is hereby amended to
                            read as follows:

                        

            

             

            
            3.         The
            original term of employment under this Agreement shall be for that period of time
            commencing on November 6, 2006 and ending on January 2, 2009, subject to the following
            provisions:

            
             

            
            2.         The
            first sentence of Section 5.1(A) is deleted and the following inserted in lieu
            thereof:

             

            
            Employee shall not, either individually or on behalf of another,
            directly or indirectly, as employer, employee, owner, partner, stockholder, independent
            contractor, agent, or otherwise, enter into or in any manner participate in the
            convenience store business in North Carolina, South Carolina, Florida, or any other
            state in which the Corporation owns or operates ten (10) or more convenience stores
            upon the date of termination of employment.

            
             

            
                	
                            
                             

                        	
                            
                            3.

                        	
                            
                            Section 6.2(B) is hereby amended to read as
                            follows:

                        

            

             

            
            (B)       a
            material diminution by the Corporation of Employee’s annual base salary and
            target bonus, as such target bonus is described in the Corporation’s Annual
            Incentive Compensation Plan (“Target Bonus);

             

            
            

            

            

            
            

            
                	
                            
                             

                        	
                            
                            4.

                        	
                            
                            The first phrase of Section 6.3(B) is hereby amended to
                            read as follows:

                        

            

             

            
            (B)       a
            severance payment equal to Employee’s then current monthly salary for twenty-four
            (24) months plus an amount equal to two (2) times the value of Employee’s Target
            Bonus for the year in which the termination occurs (less any applicable taxes and
            withholdings), payable in substantially equal monthly installments on the last business
            day of each applicable month.

            
             

            
            5.         Except
            as hereby amended, the Employment Agreement shall remain in full force and effect and
            is hereby ratified and confirmed in all respects.

             

            
            IN WITNESS WHEREOF, this Amendment has been
            duly executed as of the day and year set forth above.

            
             

            
             

            
                	
                            
                             

                        	
                            
                             

                        	
                            
                            THE PANTRY, INC.

                        
	
                            
                             

                        	
                            
                             

                        	
                            
                             

                        	
                            
                             

                        
	
                            
                             

                        	
                            
                             

                        	
                            
                             

                        	
                            
                             

                        
	
                            
                             

                        	
                            
                             

                        	
                            
                             

                        	
                            
                             

                        
	
                            
                             

                        	
                            
                             

                        	
                            
                            By:

                        	
                            
                            /s/ Peter J. Sodini

                        
	
                            
                             

                        	
                            
                             

                        	
                            
                             

                        	
                            
                            Peter J. Sodini

                        
	
                            
                             

                        	
                            
                             

                        	
                            
                             

                        	
                            
                            President & CEO

                        
	
                            
                             

                        	
                            
                             

                        	
                            
                             

                        	
                            
                             

                        
	
                            
                             

                        	
                            
                             

                        	
                            
                             

                        	
                            
                             

                        
	
                            
                             

                        	
                            
                             

                        	
                            
                            EMPLOYEE:

                        
	
                            
                             

                        	
                            
                             

                        	
                            
                             

                        	
                            
                             

                        
	
                            
                             

                        	
                            
                             

                        	
                            
                             

                        	
                            
                             

                        
	
                            
                             

                        	
                            
                             

                        	
                            
                            /s/ Melissa H. Anderson

                        
	
                            
                             

                        	
                            
                             

                        	
                            
                             

                        	
                            
                            Melissa H. Anderson

                        

            

             

             

             

            
            2

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