Document:

Second Amendment to Employment Agreement dated as of December 31, 2009

 EXHIBIT 10.3 
 SECOND AMENDMENT 
 TO EMPLOYMENT AGREEMENT BETWEEN NATIONAL OILWELL VARCO
L.P., 
 NATIONAL OILWELL VARCO, INC. AND JEREMY D. THIGPEN 

THIS SECOND AMENDMENT TO EMPLOYMENT
AGREEMENT (this “Second Amendment”) between National Oilwell Varco L.P., a Delaware limited partnership (the “Company”), National Oilwell Varco, Inc., a Delaware corporation
(“NOI”), and Jeremy D. Thigpen (the “Executive”) entered into as of January 1, 2004 (the “Original Agreement”), and subsequently amended on December 22, 2008 (the “First Amendment”) is executed by
the Company, NOI and the Executive on this 31st day of December, 2009, to be effective as of such date. (The Original Agreement, as amended by the First Amendment, is referred to herein as the “Agreement.”) 

W I T N E S S E T H: 

WHEREAS, the Company, NOI and the Executive desire to amend the Agreement to comply with new
Internal Revenue Service guidance contained in Revenue Ruling 2008-13, 2008-10 I.R.B. 518 (Mar. 10, 2008) (“Revenue Ruling 2008-13”); 
 WHEREAS, the Agreement must be amended on or before December 31, 2009 to comply with Revenue Ruling 2008-13; and 

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

	 	1.	Subclauses (A), (B) and (C) of Section 4(a)(i) of the Agreement are hereby amended and restated in their entirety to provide as follows:

 (A) the sum of (1) Executive’s Annual Base Salary in effect for the year of
Termination (the “Termination Base Salary”) through the Date of Termination to the extent not theretofore paid, (2) 50% of Executive’s Termination Base Salary; and (3) any accrued vacation pay, in each case to the extent not
theretofore paid (the sum of the amounts described in clauses (1), (2) and (3) shall be hereinafter referred to as the “Accrued Obligations”), and 

(B) an amount equal to 1.5 times Executive’s Termination Base Salary, and 

(C) an amount equal to the maximum amount of employer matching contributions that could have been credited to the
Executive under the Company’s 401(k) Savings Plan (without regard to any applicable nondiscrimination tests), any other excess or supplemental retirement plan in which the Executive participates or any other deferred compensation plan during
the twelve (12) month period immediately preceding the month of the Executive’s Date of Termination, such amount to be grossed up so that the amount the Executive actually receives after payment of any federal or state taxes payable
thereon equals the amount first described above. 
  

	 	2.	The last word of clause (vi) of Section 4(a) of the Agreement shall be deleted, the period at the end of clause (vii) of Section 4(a) of the
Agreement shall be deleted and a semicolon and the word “and” shall be substituted at the end of such clause (vii) in lieu of the deleted period. 

  
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	 	3.	A new clause (viii) shall be added to Section 4(a) of the Agreement immediately following clause (vii) to provide as follows: 

(viii) No amounts shall be payable to Executive under any bonus plan maintained by the Company or NOI (or a similar or
successor plan) for the year in which the Date of Termination occurs. 
  

	 	4.	This Second Amendment shall be binding on each party hereto only when it has been executed by all of the parties hereto, and when so executed, shall, unless otherwise
provided by a specific provision of this Second Amendment, be and become effective. 

  

	 	5.	All references to “Agreement” contained in the Agreement shall be deemed to be a reference to the Agreement, as amended by this Second Amendment. Certain
capitalized terms used herein that are not otherwise defined are defined in the Agreement and the terms defined in this Second Amendment shall be incorporated in the Agreement with the same meanings as set forth herein. 

 

	 	6.	The validity, interpretation, construction and enforceability of this Second Amendment shall be governed by the laws of the State of Texas, without reference to
principles of conflict of laws. 

  

	 	7.	Except as amended by this Second Amendment, the Agreement shall remain in full force and effect. 

 

	 	8.	This Second Amendment may be executed in one or more counterparts, and by the parties hereto in separate counterparts, each of which when executed shall be deemed to be
an original but all of which shall constitute one and the same agreement. 

 SIGNATURE
PAGE TO FOLLOW 

  
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 IN WITNESS WHEREOF, the
Company, NOI and the Executive have executed this Second Amendment to be effective as set forth herein. 
  

			
	 NATIONAL OILWELL VARCO L.P.
 By Its General Partner, NOW Oilfield Services, Inc.

		
	By:	 	/s/Raymond Chang
	 Name: Raymond Chang

Title: Vice President

	
	NATIONAL OILWELL VARCO, INC. 
		
	By:	 	/s/ Raymond Chang
	 Name: Raymond Chang

Title: Vice President

  

	
	
	EXECUTIVE 
	
	/s/ Jeremy D. Thigpen
	Jeremy D. Thigpen

  

  
 - 3 -Offer Letter

 Exhibit 10.1 
 December 6, 2012 
 Tad Larsen 
 [Address] 
 Dear Tad, 
 It is with great pleasure that Coinstar offers you the position of Chief Accounting Officer with the company. Effective December 16, 2012 you will assume the title, authority and responsibilities of
Chief Accounting Officer reporting directly to the Chief Financial Officer. This letter will serve to confirm our understanding of your acceptance of this position. 
 Salary 
 Effective with this promotion, your compensation will be based on an annualized
salary of $220,000, less all required withholding for taxes and social security. You will be paid bi-weekly (26 times per year). 
 Incentive
Plans: 
 You are also eligible to continue to participate in Coinstar’s incentive plans. For the duration of 2012, your target bonus
opportunity will continue to be 25% of your base compensation. Effective with the first pay period in January of 2013, your target bonus opportunity will be 30% of your base compensation. The allocation of your 2013 short-term incentive compensation
will be guided by the 2013 Executive Incentive Compensation Plan as administered by the Compensation Committee of the Board of Directors (the “Committee”). 
 Your total 2013 Long-Term Incentive Plan (LTIP) is also administered by the Committee and the value of the LTIP will be targeted at $100,000. The final amount of the award will be determined in
conjunction with our annual review process and may vary based on performance. All equity will be subject to the terms of the Company’s 2011 Incentive Plan (“Equity Incentive Plan”) and the respective grant and award agreements. This
equity award will be processed with the annual equity grants of other executives in February, 2013. 
 Benefits 

You will continue to be eligible for your current Coinstar benefits. 
 Tad, if you agree with and accept the terms of this offer of employment, please sign and return one copy of this letter to our office by December 7, 2012. Congratulations on your promotion, we
look forward to an exciting future. 
  

									
	Sincerely,	  	 	  	Accepted by:	  	 	  	 
					
	 /s/ J. Scott Di
Valerio            
	  		  	 /s/ Tad Larsen
	  		  	Date 12-6-12
	J. Scott Di Valerio	  		  	Tad Larsen	  		  	
	Chief Financial OfficerNinth Amendment to the Reimbursement Agreement

 Exhibit 10.1 
 NINTH AMENDMENT 
 THIS NINTH AMENDMENT dated as of
August 31, 2012 (this “Amendment”) amends the Reimbursement Agreement dated as of July 1, 2005 (as previously amended, the “Reimbursement Agreement”) between Williams-Sonoma, Inc. (the “Parent”) and Bank of
America, N.A. (the “Bank”). Capitalized terms used but not defined herein have the respective meanings given to them in the Reimbursement Agreement. 
 WHEREAS, the Parent and the Bank have entered into the Reimbursement Agreement; and 
 WHEREAS, the Parent and the Bank desire to amend the Reimbursement Agreement as more fully set forth herein; 
 NOW, THEREFORE, the parties hereto agree as follows: 
 SECTION
1  Amendments.  Subject to the satisfaction of the conditions precedent set forth in Section 3, the Reimbursement Agreement is amended as follows: 

(a)    The definition of “Domestic Subsidiary” is amended in its entirety to read as
follows: 
 “Domestic Subsidiary” means any Subsidiary of the Parent that is organized under the laws of any
political subdivision of the United States, other than any such Subsidiary substantially all of the assets of which consist of stock of one or more Subsidiaries that are “controlled foreign corporations” within the meaning of
Section 957 of the Code. 
 (b)    The definition of “Maturity Date” is
amended in its entirety to read as follows: 
 “Maturity Date” means August 30, 2013. 

(c)    Section 4.1 is amended by replacing the reference to “$75,000,000” in the last
sentence thereof with “$100,000,000”. 
 (d)    Section 5.2(d) is amended by
replacing the reference to “January 30, 2011” with “January 29, 2012”. 

(e)    Section 6.2 is amended by (i) replacing the reference to “February 2,
2003, February 1, 2004, January 30, 2005, January 29, 2006, January 28, 2007, February 3, 2008, February 1, 2009, January 31, 2010 and January 30, 2011” with
“February 2, 2003, February 1, 2004, January 30, 2005, January 29, 2006, January 28, 2007, February 3, 2008, February 1, 2009, January 31, 2010, January 31, 2011
and January 29, 2012” and (ii) replacing the reference to “January 30, 2011” in the third and fourth sentence thereof with “January 29, 2012”. 

SECTION 2  Representations and Warranties.  The Parent represents and warrants to the Bank
that, after giving effect to the effectiveness hereof: 

 (a)    each representation and warranty set forth in
Article 6 of the Reimbursement Agreement, as amended hereby, is true and correct in all material respects as of the date of the execution and delivery of this Amendment by the Parent, with the same effect as if made on such date, except to the
extent any such representation or warranty relates specifically to another date (in which case it was true and correct in all material respects as of such other date); 

(b)    the Parent has the power and authority to execute, deliver, and perform its obligations under
this Amendment; 
 (c)    no Default exists; and 

(d)    there has not occurred a material adverse change since January 29, 2012 in the business,
assets, liabilities (actual or contingent), operations, condition (financial or otherwise), or prospects of the Parent (individually) or the Parent and its Subsidiaries (taken as a whole). 

SECTION 3  Effectiveness.  The amendments set forth herein shall become effective as of the
date first written above when the Bank has received the following: 
 (a)    a counterpart
of this Amendment executed by the Parent; 
 (b)    a Confirmation, substantially in the
form of Exhibit A, executed by each Subsidiary Guarantor; 
 (c)    evidence that the
Parent has paid all accrued and invoiced Attorney Costs of the Bank in connection with this Amendment; 

(d)    an incumbency certificate of the Parent and each Subsidiary Guarantor in form and substance
reasonably acceptable to the Bank; 
 (e)    evidence that the Board of Directors of the
Parent has authorized the execution and delivery of this Amendment and the performance of the Reimbursement Agreement as amended hereby; and 
 (f)    such other documents as the Bank may reasonably request. 
 SECTION 4  Miscellaneous. 

4.1    Continuing Effectiveness, etc. As amended hereby, the Reimbursement Agreement shall
remain in full force and effect and is hereby ratified and confirmed in all respects. After the effectiveness of this Amendment, all references in the Reimbursement Agreement and the other Transaction Documents to “Reimbursement Agreement”
or similar terms shall refer to the Reimbursement Agreement as amended hereby. 

4.2    Counterparts. This Amendment may be executed in any number of counterparts and by the
different parties on separate counterparts, and each such counterpart shall be deemed to be an original but all such counterparts shall together constitute one and the same Amendment. Delivery of a counterpart hereof, or an executed signature
hereto, by facsimile or by e-mail (in pdf or similar format) shall be effective as delivery of a manually-executed counterpart hereof. 

  
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 4.3    Governing Law. This Amendment shall be a
contract made under and governed by the laws of the State of New York applicable to contracts made and to be performed entirely within such state. 
 4.4    Successors and Assigns. This Amendment shall be binding upon the Parent and the Bank and their respective successors and assigns, and shall inure to the benefit of the
Parent and the Bank and the successors and assigns of the Bank. 
 [SIGNATURES BEGIN ON NEXT PAGE] 

  
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 Delivered as of the day and year first above written. 

 

							
		 		 	WILLIAMS-SONOMA, INC.
				
		 		 	By:	 	 /s/ Julie P. Whalen

		 		 	Name:  Julie P. Whalen
		 		 	Title:    Chief Financial Officer

  

							
		 		 	BANK OF AMERICA, N.A.
				
		 		 	By:	 	 /s/ Brandon J. Kirkbride

		 		 	Name:  Brandon J. Kirkbride
		 		 	Title:    Senior Vice President

 EXHIBIT A 
 FORM OF CONFIRMATION 
 Dated as of August 31, 2012 

To:   Bank of America, N.A. 
 Please refer to (a) the Reimbursement Agreement (as amended prior to the date hereof, the “Reimbursement Agreement”) dated as of July 1, 2005 between Williams-Sonoma, Inc. (the
“Parent”) and Bank of America, N.A. (the “Bank”), (b) the Guaranty Agreement dated as of July 1, 2005 executed by certain of the undersigned, together with the Joinder Agreement relating thereto dated as of
September 2, 2011 executed by certain undersigned and the Joinder Agreement relating thereto dated as of June 22, 2012 executed by certain undersigned (collectively, the “Subsidiary Guaranty”) and (e) the Ninth Amendment
dated as of the date hereof to the Reimbursement Agreement (the “Amendment”). 
 Each of the
undersigned hereby confirms to the Bank that, after giving effect to the Amendment and the transactions contemplated thereby, the Subsidiary Guaranty continues in full force and effect and is the legal, valid and binding obligation of such
undersigned, enforceable against such undersigned in accordance with its terms, except as limited by bankruptcy, insolvency, or other laws of general application relating to the enforcement of creditors’ rights and general principles of equity.

  

			
	WILLIAMS-SONOMA STORES, INC.
	WILLIAMS-SONOMA DIRECT, INC.
	WILLIAMS-SONOMA RETAIL SERVICES, INC.
	WILLIAMS-SONOMA DTC, INC.
	WILLIAMS-SONOMA GIFT MANAGEMENT, INC.
	SUTTER STREET MANUFACTURING, INC.
	WILLIAMS-SONOMA ADVERTISING, INC.
	WILLIAMS-SONOMA DTC TEXAS, INC.
	REJUVENATION, INC.
		
	By:	 	 
	Name:  Julie P. Whalen
	Title:    Chief Financial Officer

  
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