Document:

Amendment to Amended and Restated Employment and Non-Comp Agmnt - Truesdale

 Exhibit 10.36 
 AMENDMENT TO AMENDED AND RESTATED EMPLOYMENT AND 
 NON-COMPETITION AGREEMENT

 THIS AMENDMENT TO AMENDED AND RESTATED EMPLOYMENT AND NON-COMPETITION AGREEMENT, (this “Agreement”) is made as of
December 28, 2007, by and among Anthony Truesdale (“Executive”), VS Parent, Inc., a Delaware corporation, (“Parent”), Vitamin Shoppe Industries, Inc., a Delaware corporation (the “Company”),
and VS Holdings, Inc., a Delaware corporation (“Holdings”). 
 Reference is made to that certain Amended and Restated
Employment and Non-Competition Agreement by and between Executive, Parent, Company, and Holdings dated June 12, 2006 (the “Employment Agreement”). 
 WHEREAS, the parties to this Agreement desire to amend the Employment Agreement as provided herein; 
 NOW,
THEREFORE, in consideration of the mutual covenants contained herein and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows: 
 1. The Employment Agreement is hereby amended as follows: 
  

	 	(a)	Section 2(B) is hereby amended and restated as follows: 

 Bonus. Each calendar year during the term of this Agreement, the Executive shall be eligible for a cash bonus award (the “Annual Cash Bonus”) in an amount not to exceed fifty percent (50%) of his then current base
salary pursuant to the Company’s then current Management Incentive Program (“MIP”). As currently constituted the MIP is based upon (i) the Company’s satisfaction of operating objectives specified by the Company’s Board
of Directors each year in its sole discretion, and (ii) individual members of management’s satisfaction of certain individual operating objectives based upon their area of responsibility as specified by the Company’s Board of
Directors and Chief Executive Officer in their sole discretion. Executive acknowledges that Company reserves the right to change the structure of the MIP from time to time, provided that any change will not affect Executive’s ability to receive
an Annual Cash Bonus of up to fifty percent (50%) of Executive base salary. Executive shall be paid his Annual Cash Bonus on or after March 1st of the calendar year following the year to which such bonus relates, but in any event before
the end of such calendar year. The parties acknowledge that the determination of the Annual Cash Bonus for the year in which Executive’s employment terminates (and possibly for the prior year) shall not be known on the date Executive’s
employment terminates, and, if any, shall be paid by Company to Executive not more than thirty 

 
(30) days after the determination thereof, but in all events on or after March 1st of the calendar year following the calendar year of termination, but
in any event before the end of such calendar year. 
  

	 	(b)	The first paragraph of Section 5(C)(iii) is hereby amended and restated as follows: 

 (iii) Until the earlier to occur of (x) twelve (12) months from the date of termination of Executive’s employment, and (y) the time when the Executive becomes eligible for insurance coverage
offered by any subsequent employer (the “Insurance Continuation Period”), allow the Executive to continue to participate in all life, health, disability and similar insurance plans and programs of the Company to the extent that such
continued participation is possible under the general terms and provisions of such plans and programs, with the Company and the Executive paying the same portion of the cost of each such plan or program as existed at the time of the Executive’s
termination. In the event that the Executive’s continued participation in any group plans and programs is not permitted, then in lieu thereof, Executive shall acquire individual insurance policies providing comparable coverage for the Executive
for the Insurance Continuation Period and Company shall reimburse Executive for the portion of the costs that Executive shall pay, such that Executive shall pay a net amount equal to the amount that he would have paid had he remained an employee of
the Company; provided, that the Company shall not be obligated to pay for any such individual coverage more than three (3) times the Company’s cost of such group coverage; provided further that such reimbursement shall be
paid on or before the last day of the calendar year following the calendar year in which such expense was incurred. 
  

	 	(c)	The first paragraph of Section 5(D)(iii) is hereby amended and restated as follows: 

 (iii) during the Insurance Continuation Period, allow the Executive to continue to participate in all life, health, disability and similar insurance plans and programs of the Company to the extent that such continued
participation is possible under the general terms and provisions of such plans and programs, with the Company and the Executive paying the same portion of the cost of each such plan or program as existed at the time of the Executive’s
termination. In the event that the Executive’s continued participation in any group plans and programs is not permitted, then in lieu thereof, Executive shall acquire individual insurance policies providing comparable coverage for the Executive
for the Insurance Continuation Period and Company shall reimburse Executive for a portion of the costs that Executive shall pay, such that Executive shall pay a net 

  

 2 

 
amount equal to the amount that he would have paid had he remained an employee of the Company; provided, that the Company shall not be obligated to
pay for any such individual coverage more than three (3) times the Company’s cost of such group coverage; provided further that such reimbursement shall be paid on or before the last day of the calendar year following the calendar
year in which such expense was incurred. 
  

	 	(d)	New Section 5(M) is hereby added: 

 (M) Timing of
Certain Payments to Specified Employees. Notwithstanding anything herein to the contrary, if, at the time any payment is payable to Executive pursuant to the provisions of this Section 5 as a result of Executive’s “separation from
service” within the meaning of Section 409A of the Internal revenue Code of 1986, as amended (the “Code”) and the regulations promulgated thereunder and Executive is a “specified employee,” as such term is defined in
Code § 409A(a)(2)(B)(i) and the regulations promulgated thereunder, then, to the extent required by Code § 409A(a)(2)(B)(i), such payment shall not be made before the date which is six months after the date of Executive’s
“separation from service.” Payments to which the Executive would otherwise be entitled during the first six months following the date of termination and which are not paid pursuant to the previous sentence will be accumulated and paid on
the first day of the seventh month following the date of termination. 
 2. Capitalized terms used but not defined herein shall have the
meanings ascribed to such terms in the Employment Agreement. 
 3. This Agreement is an amendment to the Employment Agreement, and to the
extent there is a discrepancy between this Agreement and the Employment Agreement, this Agreement shall control and supersede the Employment Agreement to the extent of such discrepancy. The Employment Agreement otherwise remains in full force and
effect. 
 4. This Agreement, the Employment Agreement (as amended by this Agreement), and those documents expressly referred to herein
embody the complete agreement and understanding among the parties and supersede and preempt any prior understandings, agreements or representations by or among the parties, written or oral, which may have related to the subject matter hereof in any
way. 
 *    *    *    * 
  

 3 

 IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date first written above.

  

			
	 /s/ Anthony Truesdale

	Executive
	
	VS HOLDINGS, INC.
		
	By:	 	 /s/ Thomas Tolworthy

	Name:	 	 Thomas Tolworthy

	Its:	 	 Chief Executive Officer

	
	VITAMIN SHOPPE INDUSTRIES INC.
		
	By:	 	 /s/ Thomas Tolworthy

	Name:	 	 Thomas Tolworthy

	Its:	 	 Chief Executive Officer

	
	VS PARENT, INC.
		
	By:	 	 /s/ Thomas Tolworthy

	Name:	 	 Thomas Tolworthy

	Its:	 	 Chief Executive OfficerThird Amended and Restated Employment and Non-Competition Agreement - La Forgia

 Exhibit 10.37 
 THIRD AMENDMENT TO EMPLOYMENT AGREEMENT 
 THIS THIRD AMENDMENT TO EMPLOYMENT AGREEMENT, (this
“Agreement”) is made as of March 6, 2008, by and among Cosmo La Forgia (“Executive”), VS Parent, Inc., a Delaware corporation, (“Parent”), Vitamin Shoppe Industries Inc., a Delaware corporation
(the “Company”), and VS Holdings, Inc., a Delaware corporation (“Holdings”). 
 Reference is made to that
certain Amendment to Employment Agreement by and between Executive, Parent, Company, and Holdings dated June 12, 2006, as amended by that certain Second Amendment to Employment Agreement dated December 28, 2007 (collectively, the
“Employment Agreement”). 
 WHEREAS, the parties to this Agreement desire to amend the Employment Agreement as provided
herein; 
 NOW, THEREFORE, in consideration of the mutual covenants contained herein and other good and valuable consideration, the receipt
and sufficiency of which are hereby acknowledged, the parties hereto agree as follows: 
  

	1.	The Employment Agreement is hereby amended as follows: 

  

	 	(a)	Section 2 is hereby amended and restated as follows: 

 2. Term. Subject to the terms and provisions of Section 3, the employment relationship between Executive and Company shall be “employment-at-will” and shall not be for any definite period of time and may be terminated
by either Executive, or by Company, at any time and for any, or for no, reason. The provisions of this Agreement, including but not limited to the provisions of Section 3 hereof, shall be in effect through June 11, 2010 (the
“Expiration Date”), after which this Agreement shall be of no further force or effect, other than the first sentence of this Section 2 and those provisions hereof that are stated to survive the termination or expiration hereof.
Executive shall have the right to request that Company review the term of this Agreement and extend the term hereof for an additional year, provided that Company may, in its sole and absolute discretion, decline to do so. The first sentence of this
Section 2 may be amended only by a written agreement signed by Executive and the Chief Executive Officer of Company. 
  

	 	(b)	Section 3(C)(i) is hereby amended and restated as follows: 

 (i) Pay the Executive his then base salary (“Base Salary”) from the date of the termination of the Executive’s employment through the date that is the earlier of (1) the Expiration Date, and (2) twelve
(12) months following Executive’s termination; provided, however, if Executive’s employment is terminated hereunder prior to June 12, 2008, his Base Salary shall be paid 

 
through June 11, 2009. Such payments shall be payable under a fixed payment schedule on a weekly basis following the Executive’s termination in the
same manner as the same was paid prior to Executive’s termination and shall be subject to all applicable federal and state withholding taxes.  
  

	 	(c)	Section 3(D)(i) is hereby amended and restated as follows: 

 (i) Pay to the Executive his Base Salary from the date of the termination through the date that is the earlier of (1) the Expiration Date, and (2) twelve (12) months following the Adverse Change in Status; provided, however,
if Executive’s employment is terminated hereunder prior to June 12, 2008, his Base Salary shall be paid through June 11, 2009. Such payments shall be payable under a fixed payment schedule on a weekly basis following the
Executive’s termination in the same manner as the same was paid prior to Executive’s termination and shall be subject to all applicable federal and state withholding taxes. 
  

	2.	Capitalized terms used but not defined herein shall have the meanings ascribed to such terms in the Employment Agreement. 

  

	3.	This Agreement is an amendment to the Employment Agreement, and to the extent there is a discrepancy between this Agreement and the Employment Agreement, this Agreement shall
control and supersede the Employment Agreement to the extent of such discrepancy. The Employment Agreement otherwise remains in full force and effect. 

  

	4.	This Agreement, the Employment Agreement (as amended by this Agreement), and those documents expressly referred to herein embody the complete agreement and understanding among the
parties and supersede and preempt any prior understandings, agreements or representations by or among the parties, written or oral, which may have related to the subject matter hereof in any way. 

 *    *    *    * 
  

 2 

 IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date first written above.

  

			
	 /s/ Cosmo La Forgia

	COSMO LA FORGIA
	
	VS HOLDINGS, INC.
		
	By:	 	 /s/ Thomas Tolworthy

	Name:	 	 Thomas Tolworthy

	Its:	 	 Chief Executive Officer

	
	VITAMIN SHOPPE INDUSTRIES INC.
		
	By:	 	 /s/ Thomas Tolworthy

	Name:	 	 Thomas Tolworthy

	Its:	 	 Chief Executive Officer

	
	VS PARENT, INC.
		
	By:	 	 /s/ Thomas Tolworthy

	Name:	 	 Thomas Tolworthy

	Its:	 	 Chief Executive Officer

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