Document:

Letter relating  to: Joseph Neubauer's Employment Agreement - November 14, 2008

 EXHIBIT 10.4 
  

			
	 LYNN B. MCKEE
 EXECUTIVE VICE PRESIDENT/HUMAN
RESOURCES
	  	

  
 November 12, 2008 
 Mr. Joseph Neubauer 
  
 Dear Joe: 
 We need to confirm some technical aspects of your Employment
Agreement with ARAMARK dated as of November 2, 2004, as previously amended (your “Employment Agreement”), in light of recent changes to certain income tax laws. As we have briefly discussed: 
  

	•	 	 When your Employment Agreement refers to termination of your employment (or similar terms), it means “separation from service” within the meaning of
Section 409A of the Code. 

  

	•	 	 Your SRB (as defined in Exhibit A of your Employment Agreement) is intended, of course, only to begin when your employment with us terminates. Accordingly,
Paragraph 2 of Exhibit A of your Employment Agreement will be interpreted to provide that the SRB will commence on the first day of the month following any termination of your employment (so that, if your Employment Agreement expires but your
employment with ARAMARK continues, your SRB will not begin until your employment actually terminates). 

  

	•	 	 Your Employment Agreement provides benefits if you suffer a “Permanent Disability.” As a result of this letter, (1) the term “Permanent
Disability” used in your Employment Agreement will now be defined in the same way as the term “disability” is defined under Section 409A of the Code and (2) you will be entitled to receive the benefits described in
Section 9(e) (and Exhibit A, as applicable) of your Employment Agreement on the date you experience a Permanent Disability (with your Pro Rata Bonus being calculated based on the number of days prior to the date of your Permanent Disability
that you are employed with ARAMARK during the year in which your Permanent Disability occurs, relative to the total number of days in such year). For the avoidance of doubt, after you experience a Permanent Disability, you will not be
entitled to any extra benefits (other than any Accrued Amounts or Plan Amounts accrued thereafter) under Section 9 of your Employment Agreement for any later termination of employment. 

  

	•	 	 When Section 9 of your Employment Agreement provides that you may become entitled to a payment but does not provide for the specific time within which it must
be made, the payment will be made within 10 business days of your becoming entitled to it. 

 For ease of reference, all capitalized terms
used in this letter are as defined in the Employment Agreement, except as otherwise stated. 
 Please sign where indicated below to acknowledge that your
Employment Agreement will now be read as set forth above and return such signed copy to my attention at your earliest convenience. 
  
 1101 MARKET STREET 
 PHILADELPHIA, PA 19107 
  

					
	 Joseph Neubauer
	  	-2-	  	November 12, 2008

  
  
 Sincerely, 
 /s/ Lynn B. McKee 

Lynn B. McKee 
 Executive Vice
President, Human Resources 
 Acknowledged and agreed this 14 day of November, 2008. 
 /s/ Joseph Neubauer             
 Joseph NeubauerAmendment to Agreemement Relating to Employment and Post-Employment Competition

 Exhibit 10.8 
 AMENDMENT TO AGREEMENT RELATING TO EMPLOYMENT 
 AND POST-EMPLOYMENT COMPETITION 
 THIS AGREEMENT (the “Agreement”) is made effective as of December 5, 2008, between ARAMARK CORPORATION (“ARAMARK”)
and [NAME] (the “Executive”). 
 WHEREAS, ARAMARK and Executive are parties to that certain Agreement Relating to Employment
and Post-Employment Competition, as it may have been amended (as amended, the “ELC Agreement”); 
 WHEREAS, the ELC
Agreement includes certain provisions that were intended to cause the ELC Agreements to comply with recently passed legislation regarding the taxation of deferred compensation (the “Deferred Compensation Tax Rules”) under which
certain severance payments and benefits provided for in the ELC Agreement could be considered to be deferred compensation, and as such, if the deferred compensation were not paid out at certain times following certain rules, Executive could be
subject to tax and penalties that would be in addition to any ordinary income taxes that Executive would otherwise have to pay upon receipt of such compensation; 
 WHEREAS, in connection with best practices that have arisen since the Deferred Compensation Tax Rules have been issued, ARAMARK has determined it to be in the best interests of its shareholders and Executive to amend
all ELC Agreements to contain certain specific language regarding required payment dates for severance payments such as those provided under the ELC Agreement; and therefore the parties hereto wish to amend the ELC Agreement to include such language
in the ELC Agreement; 
 WHEREAS, final guidance under the Deferred Compensation Tax Rules has now been issued by the applicable governmental
authorities, whereunder such guidance (i) requires certain specific language regarding the required payment dates for certain employees to be included in agreements such as the ELC Agreement and (ii) recommends certain specific language
regarding the form of payments that may be made under agreements such as the ELC Agreement be included in such agreements in order to permit ARAMARK maximum flexibility to make payments provided for in the ELC Agreement; and therefore the parties
hereto wish to amend the ELC Agreement to include such language in the ELC Agreement; 
 NOW, THEREFORE, for good and valuable consideration,
the receipt and sufficiency of which are hereby acknowledged, the parties hereto do hereby agree as follows: 
 1. Subsection E of Article 6
of the ELC Agreement is hereby amended to add the following sentence to the end of such subsection: 
 “For the avoidance of doubt,
notwithstanding anything else contained in this Article 6 to the contrary, ARAMARK may choose not to commence (or may choose to discontinue) providing any payment or benefit hereunder unless and until Employee executes and delivers, without
revocation, the foregoing release within 60 days following Employee’s termination of employment; provided, however, that subject to receipt of such executed release, ARAMARK shall commence providing such payments and benefits
within 75 days following the date of termination of Employee’s employment.” 
 2. Subsection F of Article 6 of the ELC Agreement is
hereby amended by ending the following sentence to the end thereof: 
 “In addition to the foregoing, for purposes of the Deferred
Compensation Tax Rules, each payment made under this Agreement (including, without limitation, each installment payment due under Article 6.A) shall be designated as a “separate payment” within the meaning of the Deferred Compensation Tax
Rules.” 
 3. The Company and Executive each acknowledges and agrees that upon execution of this Agreement, on and after the date of
this Agreement, the ELC Agreement will otherwise continue in full force and effect as amended by this Agreement in accordance with its terms. 
 IN WITNESS
WHEREOF, and intending to be legally bound, the parties hereto have caused this Agreement to be signed as of the date first above written. 
  

									
	ARAMARK CORPORATION	 		 	EXECUTIVE
					
	By:	  	 /s/    Lynn B. McKee
	 		 	By:	 	  

		  	Lynn McKee	 		 		 	[NAME]
		  	Executive Vice President,	 		 		 	
		  	Human ResourcesSchedule 1 to Outstanding Non-Qualified Stock Option Agreements

 EXHIBIT 10.16 
 Schedule 1 (to 2007 Agreements) 
 EBIT Targets 
 (in millions) 
  

									
	 Year
	  	Annual EBIT
Target	 	 	Cumulative EBIT
Target	 
	 2007
	  	$	705.1	 	 	 	N.A.	 
	 2008
	  	$	755.1	 	 	$	1,460.3	 
	 2009
	  	$	778.1	 	 	$	2,238.3	 
	 2010 (the “Final Fiscal Year”)
	  	$	889.2	*	 	$	3,127.4	*

 EBIT shall mean for any Fiscal Year, net income increased by (i) net interest expense and (ii) the
provision for income taxes; all determined in accordance with U.S. generally accepted accounting principles (GAAP) consistently applied on a consolidated basis. For this purpose EBIT shall: 
  

	a)	Exclude any extraordinary gains or losses, cumulative effect of a change in accounting principle, income or loss from disposed or discontinued operations and any gains or losses on
disposed or discontinued operations, all as determined in accordance with GAAP. 

  

	b)	Exclude any gain or loss greater than $2 million attributable to asset dispositions, contract terminations and similar items, provided that losses on contract terminations and asset
dispositions in connection with client contract terminations shall be limited in any given Fiscal Year to $5 million. 

  

	c)	Exclude any increase in amortization or depreciation resulting from the application of purchase accounting to the Transaction, including the current amortization of existing
acquired intangibles. 

  

	d)	Exclude any gain or loss from the early extinguishment of indebtedness including any hedging obligations or other derivative instrument. 

  

	e)	Exclude any impairment charge or similar asset write off required by GAAP. 

  

	f)	Exclude any non cash compensation expense resulting from the application of SFAS No. 123R or similar accounting requirements. 

  

	g)	Exclude any expenses or charges related to any equity offering, acquisition, disposition, recapitalization, refinancing or similar transaction, including the Transaction.

  

	h)	Exclude any transaction, management, monitoring, consulting, advisory and related fees and expenses paid or payable to the Sponsor Stockholders. 

  

	i)	Exclude the effects of changes in foreign currency translation rates from such rates used in the calculation of the EBIT Targets. 

	j)	Exclude the impact that the 53rd week of operations will have on the Company’s financial results during Fiscal 2008. 

 The final EBIT calculation for any Fiscal Year will be subject to review and approval by the Committee. 
 The EBIT Targets shall be adjusted for acquisitions as follows: 
  

	 	a)	For acquisitions having purchase consideration of less than $20 million each, there shall be no adjustment until the aggregate consideration for all such acquisitions exceeds $20
million in any Fiscal Year and then the EBIT Targets shall be adjusted to the extent the consideration for all such acquisitions exceeds $20 million. The amount of the adjustment shall be based on the last twelve months earnings of the acquired
business, provided however, that the last twelve months earnings shall be adjusted, if necessary, to reflect the sustainable underlying profitability of the acquired business. If the purchase consideration for all such acquisitions is less than $20
million in any Fiscal Year, the amount by which $20 million exceeds such aggregate consideration shall be carried forward to future Fiscal Years for purposes of making this determination under this sub paragraph a). 

  

	 	b)	For acquisitions having purchase consideration of more than $20 million each, the EBIT Targets shall be adjusted based on the pro forma used to approve the acquisition.

 The EBIT Targets will be adjusted for divestitures of a business by the amount of the last twelve months earnings of the divested business.

 * The Board of Directors reserves the right to reduce these targets in future years. 

 Schedule 1 (to 2008 Agreements) 
 EBIT Targets 
 (in millions) 
  

									
	 Year
	  	Annual EBIT
Target	 	 	Cumulative EBIT
Target	 
	 2008
	  	$	755.1	 	 	 	N.A.	 
	 2009
	  	$	778.1	 	 	$	1,533.2	 
	 2010
	  	$	889.2	*	 	$	2,422.3	*
	 2011 (the “Final Fiscal Year”)
	  	$	957.4	*	 	$	3,379.8	*

 EBIT shall mean for any Fiscal Year, net income increased by (i) net interest expense and (ii) the
provision for income taxes; all determined in accordance with U.S. generally accepted accounting principles (GAAP) consistently applied on a consolidated basis. For this purpose EBIT shall: 
  

	a)	Exclude any extraordinary gains or losses, cumulative effect of a change in accounting principle, income or loss from disposed or discontinued operations and any gains or losses on
disposed or discontinued operations, all as determined in accordance with GAAP. 

  

	b)	Exclude any gain or loss greater than $2 million attributable to asset dispositions, contract terminations and similar items, provided that losses on contract terminations and asset
dispositions in connection with client contract terminations shall be limited in any given Fiscal Year to $5 million. 

  

	c)	Exclude any increase in amortization or depreciation resulting from the application of purchase accounting to the Transaction, including the current amortization of existing
acquired intangibles. 

  

	d)	Exclude any gain or loss from the early extinguishment of indebtedness including any hedging obligations or other derivative instrument. 

  

	e)	Exclude any impairment charge or similar asset write off required by GAAP. 

  

	f)	Exclude any non cash compensation expense resulting from the application of SFAS No. 123R or similar accounting requirements. 

  

	g)	Exclude any expenses or charges related to any equity offering, acquisition, disposition, recapitalization, refinancing or similar transaction, including the Transaction.

  

	h)	Exclude any transaction, management, monitoring, consulting, advisory and related fees and expenses paid or payable to the Sponsor Stockholders. 

  

	i)	Exclude the effects of changes in foreign currency translation rates from such rates used in the calculation of the EBIT Targets. 

	j)	Exclude the impact that the 53rd week of operations will have on the Company’s financial results during Fiscal 2008. 

 The final EBIT calculation for any Fiscal Year will be subject to review and approval by the Committee. 
 The EBIT Targets shall be adjusted for acquisitions as follows: 
  

	 	c)	For acquisitions having purchase consideration of less than $20 million each, there shall be no adjustment until the aggregate consideration for all such acquisitions exceeds $20
million in any Fiscal Year and then the EBIT Targets shall be adjusted to the extent the consideration for all such acquisitions exceeds $20 million. The amount of the adjustment shall be based on the last twelve months earnings of the acquired
business, provided however, that the last twelve months earnings shall be adjusted, if necessary, to reflect the sustainable underlying profitability of the acquired business. If the purchase consideration for all such acquisitions is less than $20
million in any Fiscal Year, the amount by which $20 million exceeds such aggregate consideration shall be carried forward to future Fiscal Years for purposes of making this determination under this sub paragraph a). 

  

	 	d)	For acquisitions having purchase consideration of more than $20 million each, the EBIT Targets shall be adjusted based on the pro forma used to approve the acquisition.

 The EBIT Targets will be adjusted for divestitures of a business by the amount of the last twelve months earnings of the divested business.

 * The Board of Directors reserves the right to reduce these targets in future years. 

 Schedule 1 (to 2009 Agreements) 
 EBIT Targets 
 (in millions) 
  

									
	 Year
	  	Annual EBIT
Target	 	 	Cumulative EBIT
Target	 
	 2009
	  	$	778.1	 	 	 	N.A.	 
	 2010
	  	$	889.2	*	 	$	1,667.2	*
	 2011
	  	$	957.4	*	 	$	2,624.7	*
	 2012 (the “Final Fiscal Year”)
	  	$	1,014.1	*	 	$	3,638.8	*

 EBIT shall mean for any Fiscal Year, net income increased by (i) net interest expense and (ii) the
provision for income taxes; all determined in accordance with U.S. generally accepted accounting principles (GAAP) consistently applied on a consolidated basis. For this purpose EBIT shall: 
  

	a)	Exclude any extraordinary gains or losses, cumulative effect of a change in accounting principle, income or loss from disposed or discontinued operations and any gains or losses on
disposed or discontinued operations, all as determined in accordance with GAAP. 

  

	b)	Exclude any gain or loss greater than $2 million attributable to asset dispositions, contract terminations and similar items, provided that losses on contract terminations and asset
dispositions in connection with client contract terminations shall be limited in any given Fiscal Year to $5 million. 

  

	c)	Exclude any increase in amortization or depreciation resulting from the application of purchase accounting to the Transaction, including the current amortization of existing
acquired intangibles. 

  

	d)	Exclude any gain or loss from the early extinguishment of indebtedness including any hedging obligations or other derivative instrument. 

  

	e)	Exclude any impairment charge or similar asset write off required by GAAP. 

  

	f)	Exclude any non cash compensation expense resulting from the application of SFAS No. 123R or similar accounting requirements. 

  

	g)	Exclude any expenses or charges related to any equity offering, acquisition, disposition, recapitalization, refinancing or similar transaction, including the Transaction.

  

	h)	Exclude any transaction, management, monitoring, consulting, advisory and related fees and expenses paid or payable to the Sponsor Stockholders. 

  

	i)	Exclude the effects of changes in foreign currency translation rates from such rates used in the calculation of the EBIT Targets. 

	j)	Exclude the impact that the 53rd week of operations will have on the Company’s financial results during Fiscal 2008. 

 The final EBIT calculation for any Fiscal Year will be subject to review and approval by the Committee. 
 The EBIT Targets shall be adjusted for acquisitions as follows: 
  

	 	e)	For acquisitions having purchase consideration of less than $20 million each, there shall be no adjustment until the aggregate consideration for all such acquisitions exceeds $20
million in any Fiscal Year and then the EBIT Targets shall be adjusted to the extent the consideration for all such acquisitions exceeds $20 million. The amount of the adjustment shall be based on the last twelve months earnings of the acquired
business, provided however, that the last twelve months earnings shall be adjusted, if necessary, to reflect the sustainable underlying profitability of the acquired business. If the purchase consideration for all such acquisitions is less than $20
million in any Fiscal Year, the amount by which $20 million exceeds such aggregate consideration shall be carried forward to future Fiscal Years for purposes of making this determination under this sub paragraph a). 

  

	 	f)	For acquisitions having purchase consideration of more than $20 million each, the EBIT Targets shall be adjusted based on the pro forma used to approve the acquisition.

 The EBIT Targets will be adjusted for divestitures of a business by the amount of the last twelve months earnings of the divested business.

 * The Board of Directors reserves the right to reduce these targets in future years.

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