Document:

Exhibit 10.2

FIRST
AMENDMENT TO EMPLOYMENT AGREEMENT

THIS FIRST
AMENDMENT TO EMPLOYMENT AGREEMENT is made and entered into effective the 17th
day of August, 2006, by and between FAMILY DOLLAR STORES, INC., a Delaware
corporation (hereinafter referred to as the “Company”); and HOWARD R. LEVINE
(hereinafter referred to as the “Employee”);

WHEREAS, the
Company and Employee are currently parties to that certain Employment Agreement
effective as of August 18, 2005 (the “Employment Agreement”); and

WHEREAS, the Company
and Employee further desire to amend such Employment Agreement to ensure
compliance with the provisions of Section 409A of the Internal Revenue Code of
1986, as amended (the “Code”);

NOW, THEREFORE, in
consideration of the mutual covenants herein contained, the Company and the
Employee agree as follows:

1.                  The following
paragraph 5(c) shall be added to the Employment Agreement:

(c) The Employee shall have the use of the Company’s
airplane(s) for any and all business related travel.  In addition, in recognition of the personal
security, safety and efficiency issues associated with the use of alternative
transportation, the Employee shall have the non-exclusive right to use of the
Company’s airplane(s) for personal travel for himself and/or his family and
guests with such limits and/or conditions as may be annually reviewed and
established by the Board; provided that the Company shall impute income to the
Employee as taxable compensation as required by Internal Revenue Code of 1986,
as amended, with respect to such usage and further provided that the Company is
under no obligation to increase its number of airplanes or to charter
additional airplanes for this purpose.

2.                  The following
paragraph 12 shall be added to the Employment Agreement:

12.  Compliance with Code Section 409A.  This Agreement is intended to comply with
Code Section 409A.  Notwithstanding any
provision herein to the contrary, this Agreement shall be interpreted, operated
and administered consistent with this intent. 
In that regard, the payment of any amounts under this Agreement that are
subject to Code Section 409A in connection with the Executive’s termination of
employment shall not be made earlier than six (6) months after the Executive’s
date of termination to the extent required by Code Section 409A(a)(2)(B)(i).

 

 

IN WITNESS
WHEREOF, the parties hereto have executed this Agreement in triplicate, all as
of the day and year first above written.

	
  

  	
   

  	
  FAMILY DOLLAR STORES, INC.

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   /s/Janet G. Kelley

  	
   

  
	
   

  	
   

  	
  Title:

  	
  /s/Senior Vice President,

  	
   

  
	
   

  	
   

  	
   

  	
  General Counsel & Secretary

  	
   

  
	
   

  	
   

  	
   

  
	
  Attest:

  	
   

  	
   

  
	
  /s/Janice Burris

  	
   

  	
   

  	
   

  
	
  Asst. Secretary

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  EMPLOYEE

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  /s/Howard R.
  Levine

  	
   

  
	
   

  	
   

  	
  HOWARD R. LEVINE

  
	
   

  	
   

  	
   

  
	
  Witness:

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
  /s/Janice BurrisExhibit 10.3

FIRST
AMENDMENT TO EMPLOYMENT AGREEMENT

THIS FIRST
AMENDMENT TO EMPLOYMENT AGREEMENT is made and entered into effective the 17th
day of August,  2006, by and between FAMILY DOLLAR STORES, INC., a
Delaware corporation (hereinafter referred to as the “Company”); and R. JAMES
KELLY (hereinafter referred to as the “Employee”);

WHEREAS, the
Company and Employee are currently parties to that certain Employment Agreement
effective as of August 18, 2005 (the “Employment Agreement”);

WHEREAS, the
Company and Employee desire to amend such Employment Agreement to reflect
changes in the Employee’s position with the Company; and

WHEREAS, the
Company and Employee further desire to amend such Employment Agreement to
ensure compliance with the provisions of Section 409A of the Internal Revenue
Code of 1986, as amended (the “Code”);

NOW, THEREFORE, in
consideration of the mutual covenants herein contained, the Company and the
Employee agree as follows:

1.                  Paragraph 3 of
the Employment Agreement shall be amended its entirety to read as follows:

3.  Duties
and Responsibilities.  The Employee
shall be employed as President and Chief Operating Officer of the Company and
shall perform such reasonable duties and responsibilities as the Chairman of
the Company or Board of Directors of the Company or the Chief Executive Officer
of the Company may, from time to time, assign to the Employee.  The Employee agrees to accept this employment
and to devote his full time and attention and his best efforts, ability and
fidelity to the performance of the duties attaching to such employment.  In addition, the Employee shall serve as a
director and officer of the Company and any corporation in the Group, if
appropriately elected.  During the period
of his employment, the Employee shall not, for remuneration or profit, directly
or indirectly, render any service to, or undertake any employment for, any
other person, firm or corporation, whether in an advisory or consulting
capacity or otherwise, without first obtaining the written consent of the
Company.

 

 

2.                  The following
paragraph 12 shall be added to the Employment Agreement:

12.  Compliance with Code Section 409A.  This Agreement is intended to comply with
Code Section 409A.  Notwithstanding any
provision herein to the contrary, this Agreement shall be interpreted, operated
and administered consistent with this intent. 
In that regard, the payment of any amounts under this Agreement that are
subject to Code Section 409A in connection with the Executive’s termination of
employment shall not be made earlier than six (6) months after the Executive’s
date of termination to the extent required by Code Section 409A(a)(2)(B)(i).

IN WITNESS
WHEREOF, the parties hereto have executed this Agreement in triplicate, all as
of the day and year first above written.

	
  

  	
   

  	
  By:

  	
    /s/Janet G. Kelley

  	
   

  
	
  

  	
   

  	
  Title:

  	
   /s/Senior Vice President,

  	
   

  
	
   

  	
   

  	
   

  	
  General Counsel & Secretary

  	
   

  
	
   

  	
   

  	
   

  
	
  Attest:

  	
   

  	
   

  
	
  /s/Janice Burris

  	
   

  	
   

  	
   

  
	
  Asst. Secretary

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  EMPLOYEE

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  /s/R. James Kelly

  	
   

  
	
   

  	
   

  	
  R. JAMES KELLY

  
	
   

  	
   

  	
   

  
	
  Witness:

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
  /s/Janice BurrisExhibit 10.1.4

Exhibit A

SCHEDULE OF PARTNERS,

ALLOCATION OF PARTNERSHIP UNITS, PERCENTAGE INTERESTS

AND THE AGREED UPON VALUE OF NON-CASH INTERCOMPANY ADVANCES

 

	
  Date Admitted

  	
   

  	
  Name and address of partners

  	
   

  	
  Value of

  non-cash

  intercompany

  advance

  	
   

  	
  Partnership

  units issued

  	
   

  	
  Approx.

  Percentage

  Interests

  	
   

  	
  Federal ID #

  	
   

  
	
  05/22/1998(1)

  	
   

  	
  Eagle
  Ridge Resort LLC

  37 West 57th Street,

  12th Floor

  New York, NY 10019

  	
   

  	
  $

  	
  1,198,750

  	
   

  	
  35,794

  	
   

  	
  0.49

  	
  %

  	
  52-2099405

  	
   

  
	
  02/04/1997

  	
   

  	
  GTA
  LP, Inc.

  14 North Adger’s Wharf

  Charleston, SC 29401

  	
   

  	
  $

  	
  —

  	
   

  	
  7,302,479

  	
   

  	
  99.31

  	
  %

  	
  58-2290326

  	
   

  
	
  02/04/1997

  	
   

  	
  GTA
  GP, Inc.

  14 North Adger’s Wharf

  Charleston, SC 29401

  	
   

  	
  $

  	
  —

  	
   

  	
  14,684

  	
   

  	
  0.20

  	
  %

  	
  58-2290217

  	
   

  
	
  Total
  Common OP Units

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  7,352,957

  	
   

  	
  100.00

  	
  %

  	
   

  	
   

  
	
   

  	
   

  	
  GTA LP, Inc.

  10 North Adger’s Wharf

  Charleston, SC 29401

  	
   

  	
  $

  	
  20,000,000

  	
   

  	
  800,000

  	
   

  	
  100

  	
  %

  	
   

  	
   

  

 

(1)             transferred
from Eagle Ridge Lease Company, LLC to current holder effective April 1,
2004.Exhibit 10.1

SETTLEMENT
AGREEMENT

The Parties to the Action, Delta Networks, Inc., 186
Ruey Kuang Road, Neihu, Taipei 11491, Taiwan, R.O.C. (“Delta”), on the one
hand, and Iteris Inc., 1515 S. Manchester Avenue, Anaheim, California 92802,
U.S.A. for itself and as the successor to Odetics, Inc. and Mariner Networks,
Inc., including their predecessors, successors, affiliates, subsidiaries, and
divisions (collectively, “Iteris”), on the other hand, have resolved the matter
entitled Delta Networks, Inc. v. Iteris, et al., Orange County Superior
Court Case No. 04 0007158 (the “Action”), pursuant to this mutual settlement
and compromise (“Agreement”). Delta and Iteris are collectively referred to
herein as the “Parties.”

1.                                     The monetary/compensatory terms and conditions
of the Agreement are as follows:

·              Iteris shall pay to Delta $125,000 (U.S.) on
or before October 20, 2006;

·              Either prior to or as soon as practicable
after Iteris’ 10Q filing deadline of August 14, 2006, Iteris shall issue to
Delta, or its designee, that number of shares of Iteris common stock which
comprise a value of $212,500 (U.S.). 
Delta represents to Iteris that it is an “accredited investor” as
defined under the rules promulgated under the Securities Act of 1933, as
amended, and is acquiring the shares for investment purposes and not with a
view to distribution;

·              The shares of Iteris common stock issued to
Delta will be valued at the closing sales price on the day they are issued to
Delta;

·              At its sole cost and expense, either prior to
or within fifteen (15) business days after either: (a) filing its August 2006
10Q, or (b) issuance of the specified shares of common stock in question to
Delta, Iteris will file a formal registration statement seeking to have the
specific shares of stock issued to Delta registered under the rules of the
Securities & Exchange Commission;

·              Commencing the month after Iteris’ payment to
Delta of the initial $125,000, Iteris shall pay to Delta $350,000 (U.S.)
divided into equal monthly installments of $9,722.23 (U.S.) over the course of
thirty-six (36) months on or before the 20th of each month.

2.                                     In making its payments, Iteris agrees that
on or before October 20, 2006 it will wire transfer to Delta’s Taipei, Taiwan
bank account, the initial payment in the amount of $125,000 (U.S.) (the “Initial
Payment”), in accordance with the following routing instructions:

Beneficiary:  Delta Networks, Inc.

Bank Name:  [***]

Swift:  [***]

Bank
Account:  [***]

3.             On or about August 14, 2006, as indicated above, Iteris
shall issue common stock to Delta or its designee with a collective value of
$212,500 (U.S.) issued in the name of “Delta

[***]      Confidential treatment has been requested
for the bracketed portions.  The
confidential redacted portion has been omitted and filed separately with the
Securities and Exchange Commission.

 2
 

Networks, Inc.” based upon the closing
sales price of Iteris’ common stock as reported by the American Stock Exchange
on the date of issuance.

4.             Iteris further agrees that on or before November 20, 2006
it will commence making thirty-six consecutive monthly payments of $9,722.23
(U.S.) to Delta, with each respective installment payment made by the 20th of
each month by bank wire transfer to Delta pursuant to the routing instructions
as specified in paragraph 2.  Each
installment payment required by this paragraph will be made timely.

5.             Within five (5) business days after the last installment
payment is made pursuant to paragraph 4, Plaintiff shall file with the Court a
Request for Dismissal with prejudice of the entirety of the Action.  The Parties have already informed the Court
that the Action has been settled, and the trial of the Action has been vacated
and abrogated.  Within five (5) business
days following the date this Agreement is signed by all of the Parties, the
Parties agree to take all action reasonably necessary to dismiss the Action
without prejudice but the Court shall retain continuing jurisdiction over the
matter solely for the purposes of administering the settlement as set forth in
this Agreement, including enforcing this Agreement as necessary under
California Code of Civil Procedure Section 664.6.  Upon receipt of the final installment
payment, the Parties further agree to execute such other documents and perform
such other acts as may be reasonably necessary to effectuate the dismissal of
the matters referenced above with prejudice.

6.             In exchange for the foregoing payments, Delta acknowledges
no further amounts are owed by Iteris as a result of the Action or as a result
of any conduct by Iteris and/or relationship between Iteris and Delta,
including, but not limited to, further compensation, attorneys’ fees, and costs
as a result of the Action.

 3
 

7.             Delta agrees that the settlement provided herein is
intended to, and does, bar all claims for injuries, losses, damages, expenses,
costs, and related expenses arising out of the Action, except for enforcement
of this Agreement as necessary.  Delta
further agrees that any and all such substantially similar or other claims are
hereby unqualifiedly waived by it.

8.             Except for the enforcement of this Agreement, Delta, for
itself and its agents, representatives, successors, parents, affiliates,
subsidiaries, employees, agents, and assigns, does hereby release, acquit, and
forever discharge Iteris, its former and/or current officers, directors,
executives, managers, employees, agents, attorneys, representatives, parent and
subsidiary entities, predecessors, successors, insurance carriers, and assigns
(the “Released Parties”) from any and all claims, actions, charges, complaints,
causes of action, rights, demands, debts, damages, or accountings of whatever
nature, known or unknown, which they may have against the Released Parties
based on any actions or events which occurred prior to the effective date of
this Agreement which were or could have been raised in the Action, including,
but not limited to, any and all claims related to, or arising from, Delta’s
dealings with Iteris or any business relationship between Delta and Iteris or
any acts or omissions thereafter by the Released Parties.  This includes, but is not limited to, a
release of all rights arising out of any law, violations of any contracts,
express or implied, any covenant of good-faith and fair dealing, express or
implied, any tort, any public policy, or any federal, state, or other
governmental statute, regulation, or ordinance, and any amendments thereto,
from the beginning of time to the date of execution hereof.

9.             IT IS FURTHER UNDERSTOOD AND AGREED that,
as a condition of this Agreement, all rights under Section 1542 of the Civil
Code of the State of California, are expressly waived by Delta. Such Section
reads as follows:

 4
 

“A general release
does not extend to claims which the creditor does not know or suspect to exist
in his favor at the time of executing the release, which, if known by him, must
have materially affected his settlement with the debtor.”

10.           In order to achieve a full and complete and mutual release,
Delta and Iteris acknowledge that this Agreement is intended to and does
include in its effect all claims that the Parties do not know or suspect to
exist in their favor at the time that the Parties sign this Agreement.

11.           Delta represents and agrees that Delta has not assigned or
transferred, or attempted to assign or transfer, to any person or entity, any
of the claims Delta is releasing in this Agreement.

12.           This Agreement shall be binding upon the Parties and upon
their respective heirs, administrators, representatives, executors, successors,
and assigns, and shall inure to the benefit of the Parties and others released
herein, their representatives, executors, successors, and assigns.

13.           The Parties each agree that: (a) this Agreement is the sole
and entire agreement between them regarding the Action, (b) it embodies and
includes all terms and commitments between them regarding the Action, and (c)
no representations, inducements, coercion, or promises have been made to any of
them except as are expressly stated above. 
If any part of this Agreement is found to be unenforceable, all
remaining provisions or parts thereof shall nevertheless remain valid and
enforceable.

14.           Should any of the provisions in this Agreement be declared
or be determined to be illegal or invalid, all remaining parts, terms, or
provisions shall be valid, and the illegal or invalid portion or provision
shall be deemed not to be a part of this Agreement.

 5
 

15.           The Parties understand that they are waiving legal rights
and agreeing to assume legally binding obligations by signing this Agreement
and represent that they have had an opportunity to consult with their attorney
and/or other persons to the full extent they wanted to do so before signing
this Agreement. Plaintiff further represents that it has been given a
reasonable period of time to review and consider this Agreement.

16.           This Agreement shall be construed and interpreted in a
neutral manner.  This Agreement is a
negotiated document and shall be deemed to have been drafted jointly by the
Parties, and no rule of construction or interpretation shall apply against any
one Party based on a contention that the Agreement was drafted by one of the
Parties.

17.           This Agreement may neither be modified nor amended except in
a writing executed by all of the Parties hereto.

18.           The Parties acknowledge that this Agreement is executed
voluntarily by each of them and that there has been no force, duress, or undue
influence of any kind brought to bear by any of the Parties upon the others in
any connection regarding this Agreement.

19.           Each individual executing this Agreement on behalf of any
other person or entity represents and warrants that he or she is duly
authorized by such person or entity to do so.

20.           This Agreement may be executed in counterparts, all of
which, taken together, shall be deemed one original.

IN
WITNESS WHEREOF, this Agreement shall have as its effective date when signed by
all parties hereto.

 6
 

BY
EXECUTING THIS AGREEMENT, EACH SIGNATOR ACKNOWLEDGES THAT HE OR SHE HAS READ
THIS AGREEMENT AND UNDERSTANDS ITS TERMS AND PROVISIONS.

	
  Dated: August 15,
  2006

  	
   

  	
  DELTA NETWORKS, INC.

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  /s/ Jay Huang

  
	
   

  	
   

  	
   

  	
  An Authorized Representative

  
	
   

  	
   

  	
   

  
	
  Dated: August 14,
  2006

  	
   

  	
  ITERIS, INC.

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  /s/ Jack Johnson

  
	
   

  	
   

  	
   

  	
  An Authorized Representative

  

 

 

APPROVED AS TO FORM:

	
  CALL JENSEN & FERRELL,
  APC

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
  /s/ John C.
  O’Malley

  	
   

  	
  Dated: August 15, 2006

  
	
  John C. O’Malley

  	
   

  	
   

  
	
  Attorneys for
  Iteris, Inc.

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
  MCGUIREWOODS LLP

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
  /s/ Mark K.
  Suzumoto

  	
   

  	
  Dated: August 11, 2006

  
	
  Mark K. Suzumoto

  	
   

  	
   

  
	
  Attorneys for
  Delta Networks, Inc.

  	
   

  	
   

  

 

 7

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