Document:

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EXHIBIT 10.4

                              EMPLOYMENT AGREEMENT

         THIS AGREEMENT, dated as of the 1st day of January, 2004, by and among
Tarpon Coast Bancorp, Inc., a Florida corporation (the "Holding Company"),
Tarpon Coast National Bank a national bank organized under the laws of the
United States (the "Bank") (collectively referred to herein as the "Employer"),
and George E. Cline (the "Executive").

                                   WITNESSETH:

         WHEREAS, the Boards of Directors of the Employer desire to employ
Executive to serve as Chief Financial Officer and Cashier of the Holding Company
and the Bank; and

         WHEREAS, Executive is willing to become employed by the Holding Company
and the Bank as Chief Financial Officer and Cashier in accordance with the terms
and conditions hereinafter set forth:

1.       Employment. Employer employs Executive and Executive accepts employment
         upon the terms and conditions set forth in this Agreement.

2.       Term. The term of employment of Executive under this Agreement shall be
         for Twenty-four (24) months and commence on January 1, 2004. If this
         contract is not renewed or renegotiated prior to the end of its term,
         it will be treated as a termination without cause and compensated as
         indicated in paragraph 11.b.

3.       Compensation.

         For all services rendered by Executive, Executive shall be paid a
         minimum annual base salary of $110,000 per year. The minimum annual
         base salary will be paid by the Bank in equal semi-monthly installments
         during the term of this Agreement. Salary payments shall be subject to
         withholding and other applicable taxes.

4.       Title and Duties. Executive shall serve as Chief Financial Officer and
         Cashier of the Holding Company and of the Bank. Executive shall run the
         day-to-day operating activities of the Holding Company and the Bank and
         assist the Chief Executive Officer and President in managing the bank's
         affairs, within the framework of the approved annual budget, and with a
         sound system of internal controls and in compliance with the policies
         of the Board of Directors of the Bank, and all applicable laws and
         regulations.

5.       Extent of Services. Executive shall devote his entire time, attention
         and energies to the business of Employer and shall not during the term
         of this Agreement be engaged in any other business activity which
         requires the attention or participation of Executive during normal
         business hours of Employer, recognition being given to the fact that
         Executive is expected on occasion to participate in client development
         after normal business hours. However, Executive may invest his assets
         in such form or manner as will not require his services in the
         operation of the affairs of the companies in which such investments are
         made, except that Executive shall not make an investment in the
         securities of any competing financial institution without the express
         approval of the Boards of Directors of the Employer. Executive shall
         notify Employer of any significant participation by him in any trade
         association or similar organization.

6.       Working Facilities. Executive shall receive from the Bank, such
         assistants, perquisites, facilities and services as are suitable to his
         position and appropriate for the performance of his duties on behalf of
         such entity.

7.       Expenses. Executive may incur reasonable expenses for promoting the
         business of the Bank, including expenses for entertainment, travel, and
         similar items. Executive will be reimbursed by the Bank for all such
         expenses upon Executive's periodic presentation of an itemized account
         of such expenditures with receipts attached.

8.       Vacations. Executive shall be entitled each year to five (5) weeks of
         vacation time in accordance with the personnel policy established by
         the Bank's Board of Directors, during which time Executive's
         compensation shall be paid in full.

9.       Additional Compensation. As additional consideration paid to Executive,
         Executive shall be provided with

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         and participate in all employee benefit plans offered by the Bank to
         all of its employees, including health, hospitalization, disability,
         life insurance, travel insurance, bonus, retirement and savings plans.
         In addition, Executive shall be provided with a term life insurance
         policy of at least $200,000, which shall include an accidental death or
         dismemberment provision of two times the face amount of the policy.

10.      Change in Control of the Bank.

         a.       In the event of a "change in control" of the Employer, as
                  defined herein, and only to the extend permitted by applicable
                  statutes and regulations, Executive shall be entitled, for a
                  period of thirty (30) days from the date of closing of the
                  transaction effecting such change in control and at his
                  election, to give written notice to Employer of termination of
                  this Agreement and to receive a cash payment equal to one time
                  (100%) the compensation, including incentive compensation, if
                  any, received by Executive in the one-year period immediately
                  preceding the change in control. The severance payments
                  provided for in this Section 10.a. shall be paid in cash,
                  commencing not later than ten (10) days after the date of
                  notice of termination by Executive under this Section 10 or
                  ten (10) days after the date of closing of the transaction
                  effecting the change in control of the Employer, whichever is
                  later.

         b.       In addition, if Executive elects to terminate this Agreement
                  pursuant to this Section 10, Executive shall further be
                  entitled, in lieu of shares of Common Stock of the Holding
                  Company issuable upon exercise of stock options to which
                  Executive is entitled, an amount in cash or Common Stock of
                  the Holding Company or any other company into which shares of
                  the Holding Company are convertible (or any combination
                  thereof) as Executive shall in his election designate equal to
                  the excess of the fair market value of the Common Stock as of
                  the date of closing of the transaction effecting the change in
                  control over the per share exercise price of the options held
                  by Executive, times the number of shares of Common Stock
                  subject to such options (whether or not then fully
                  exercisable). The fair market value of the Common Stock shall
                  be equal to the higher of (i) the value as determined by the
                  Board of Directors of the Holding Company if there is no
                  organized trading market for the shares at the time such
                  determination is made, which per share value shall not be less
                  than 1.8 times the per share book value of the stock or (ii)
                  the closing price (or the average of the bid and asked prices
                  if no closing price is available) on any nationally recognized
                  securities exchange or association on which the Holding
                  Company's shares may be quoted or listed, or (iii) the highest
                  per share price actually paid for Common Stock of the Holding
                  Company in connection with any change in control of the
                  Employer. The severance payments provided for in this Section
                  10.b. shall be paid in full not later than ten (10) days after
                  the date of notice of termination by Executive under this
                  Section 10 or ten (10) days after the date of closing of the
                  transaction effecting the change in control of the Employer,
                  whichever is later.

         c.       For purposes of this Section 10, "change in control" of the
                  Employer shall mean:

                  1.       any transaction, whether by merger, consolidation,
                           asset sale, tender offer, reverse stock split, or
                           otherwise, which results in the acquisition or
                           beneficial ownership (as such term is defined under
                           rules and regulations promulgated under the
                           Securities Exchange Act of 1934, as amended) by any
                           person or entity or group of persons or entities
                           acting in concert, of 50% or more of the outstanding
                           shares of Common Stock of the Employer.

                  2.       the sale of all or substantially all of the assets of
                           the Employer; or

                  3.       the liquidation of the Employer.

         d.       If any payments to be made under this Section 10 constitute an
                  "Excess Parachute Payment" as that term is defined in Section
                  280(g) of the Internal Revenue Code, the payments shall be
                  reduced to the largest amount which would not constitute an
                  "Excess Parachute Payment."

11.      Termination.

         a.       For Cause. This Agreement may be terminated by the Boards of
                  Directors of the Employer without notice and without further
                  obligations other than for monies already paid, for any of the
                  following reasons:

                  i.       failure of Executive to follow reasonable written
                           instructions or policies of the Boards of Directors
                           of the Employer;

                  ii.      gross negligence or willful misconduct of Executive
                           materially damaging to the business of the

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                           Employer during the term of this Agreement, or at any
                           time while he was employed by the Employer prior to
                           the term of this Agreement, if not disclosed to the
                           Employer prior to the commencement of the term of
                           this Agreement; or

                  iii.     conviction of Executive during the term of this
                           Agreement of a crime involving breach of trust or
                           moral turpitude; or

                  iv.      at the request of any bank regulatory authority with
                           jurisdiction over the Employer.

                                    In the event that the Employer discharges
                  Executive alleging "cause" under this Section 11.a. and it is
                  subsequently determined judicially that the termination was
                  "without cause," then such discharge shall be deemed a
                  discharge without cause subject to the provisions of Section
                  11.b. hereof. In the event that the Employer discharges
                  Executive alleging "cause" under this Section 11.a, such
                  notice of discharge shall be accompanied by a written and
                  specific description of the circumstances alleging such
                  "cause". The termination of Executive for "cause" shall not
                  entitle the Employer to enforcement of the non-competition and
                  non-solicitation covenants contained in Section 13 hereof,
                  unless the employee purposely engages in conduct constituting
                  "cause" for the purpose of negating the non-competition
                  provision.

         b.       Without Cause.

                  i.       Notwithstanding the provisions of Section 2 of this
                           Agreement, the Employer may, upon thirty (30) days'
                           written notice to Executive, or by the giving of a
                           notice under Section 2 of this Agreement terminate
                           this Agreement without cause at any time during the
                           term of this Agreement upon the condition that
                           Executive shall be entitled, as liquidated damages in
                           lieu of all other claims, to the same severance
                           payments as provided in Section 10 hereof; provided
                           that for purposes of Section 10.b., the fair market
                           value of Common Stock shall be determined as of the
                           date of notice of termination of this Agreement given
                           by the Employer to Executive. The severance payments
                           provided for in this Section 11.b. shall commence not
                           later than thirty (30) days after the actual date of
                           termination of employment of Executive.

                  ii.      Executive may upon thirty (30) days' written notice
                           to Employer terminate his Agreement without cause at
                           any time during the term of this Agreement. In the
                           event of termination of this Agreement by Executive,
                           the Employer shall have no further obligation to
                           Executive than for monies paid.

12.      Death or Disability.

         a.       In the event of Executive's death during the term of this
                  Agreement, Employer shall pay to Executive's designated
                  beneficiary, or if Executive has failed to designate a
                  beneficiary, to his estate, an amount equal to Executive's
                  base salary pursuant to Section 3 hereof through the end of
                  the month in which Executive's death occurred plus an amount
                  equal to ninety (90) days salary. Employer shall also continue
                  to provide Executive's survivors with any benefits it provided
                  Executive for such additional ninety (90) day period.

         b.       In the event of Executive's disability during the term of this
                  Agreement, Employer shall pay to Executive an amount equal to
                  Executive's base salary pursuant to Section 3 hereof through
                  the end of the month in which Executive's disability occurred
                  plus an amount equal to six (6) months salary. Employer shall
                  also continue to provide Executive with any benefits it
                  provided Executive prior to his disability for a period of six
                  (6) months following his disability and shall continue to pay
                  the premiums on any life and disability policies provided by
                  the Employer for the benefit of Executive prior to his
                  disability.

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         c.       The compensation set forth in Sections a. and b. of this
                  Section 12 shall be in lieu of any other benefits provided
                  hereunder, except that (i) in the event of a change in control
                  of the Employer as defined herein during the ninety (90) day
                  or six (6) month periods described in Sections a. and b. of
                  this Section 12, Executive, Executive's designated beneficiary
                  or Executive's estate, as the case may be, shall be entitled
                  to the benefits of Section 10.b. hereof, and (ii) any benefit
                  payable pursuant to Section 3 shall be prorated and made
                  available to Executive or his beneficiary or estate in respect
                  of any period prior to his death or disability. and (iii) in
                  the event of Executive's disability, Employer shall continue
                  to pay the premiums on any life and disability policies
                  provided by the Employer for the benefit of Executive prior to
                  his disability. The Employer may maintain insurance on its
                  behalf to satisfy in whole or in part the obligations of this
                  Section 12.

         d.       Executive shall be deemed disabled if, by reason of physical
                  or mental impairment, he is incapable of performing his duties
                  hereunder for a period of 180 consecutive days.

13.      Notices. Any notice required or desired to be given under this
         Agreement shall be deemed given if in writing sent by certified mail to
         his residence in the case of Executive, or to its principal office in
         the case of Employer.

14.      Waiver of Breach. The waiver of Employer of a breach of any provision
         of this Agreement by Executive shall not operate or be construed as a
         waiver of any subsequent breach by Executive. No waiver shall be valid
         unless in writing and signed by an authorized officer of Employer.

15.      Assignment. Executive acknowledges that the services to be rendered by
         him are unique and personal. Accordingly, Executive may not assign any
         of his rights or delegate any of his duties or obligations under this
         Agreement. The rights and obligations of Executive under this Agreement
         shall inure to the benefit of and shall be binding upon the successors
         and assigns of Employer.

16.      Governing Law. This Agreement shall be governed and construed in
         accordance with the laws of the State of Florida.

17.      Entire Agreement. This Agreement contains the entire understanding of
         the parties hereto regarding employment of Executive, and supersedes
         and replaces any prior agreement relating thereto. It may not be
         changed orally but only by an agreement in writing signed by the party
         against whom enforcement of any waiver, change, modification,
         extension, or discharge is sought.

                           WHEREAS, as of the day and date first above set
         forth, the parties hereto execute this Agreement.

                  TARPON COAST BANCORP, INC.

                  By /s/ Lewis S. Albert
                     -------------------
                  Chairman and Chief Executive Officer

                  TARPON COAST NATIONAL BANK

                  By /s/ Lewis S. Albert
                    -------------------
                  Chairman and Chief Executive Officer

                  GEORGE E. CLINE

                  /s/ George E. Cline
                  -------------------<PAGE>
                                                                   EXHIBIT 10.16

                          FORM OF SEPARATION AGREEMENT

                  AGREEMENT between Flowers Foods, Inc., a Georgia corporation
(the "Company"), and ______________ (the "Employee"), dated as of the __ day of
_____, 2001.

                  WHEREAS, the Company, on behalf of itself and its
shareholders, wishes to continue to attract and retain well-qualified executive
and key personnel who are an integral part of the management of the Company or
of one or more of its Subsidiaries, such as Employee, and to assure itself of
continuity of management in the event of any prospective or actual Change in
Control (as defined in Section 2 of this Agreement) of the Company; and

                  WHEREAS, the Company wishes to provide the Employee with
appropriate protection with respect to the Employee's continued employment in
the event of a prospective or actual Change in Control, in exchange for the
Employee agreeing to continue to serve as an executive employee of the Company
or a Subsidiary in the event of a prospective or actual Change in Control; and

                  WHEREAS, the Employee agrees to continue to serve as an
executive employee of the Company or a Subsidiary in the event of a prospective
or actual Change in Control as consideration for the employment rights set forth
herein;

                  NOW, THEREFORE, in consideration of the foregoing premises and
of the mutual covenants and conditions set forth herein and for other good and
valuable consideration, the receipt and sufficiency of which are hereby
acknowledged, the Company and the Employee hereby agree as follows:

1.              Operation of Agreement.

         (a)               The "Effective Date" shall be _____________.

         (b)               Certain capitalized terms shall have the meaning
                  indicated in Appendix I. In addition, the term "Employer"
                  shall mean either the Company or a Subsidiary, as applicable,
                  which is the direct employer of the Employee.

         (c)               The "Coverage Period" is the period commencing on the
                  Effective Date and ending on the second anniversary of such
                  date; provided, however, that commencing on the date one year
                  after the Effective Date (the "Renewal Date"), and on each
                  anniversary of the Renewal Date, the Coverage Period shall be
                  automatically extended so as to terminate two years from such
                  Renewal Date or Renewal Date anniversary, as the case may be,
                  unless at least 60 days prior to the Renewal Date or Renewal
                  Date anniversary, as the case may be, either party shall give
                  the other party written notice that the Coverage period shall
                  not be so extended. Notwithstanding the foregoing, in the
                  event a Change in Control (as defined below) occurs during the
                  Coverage Period, the Coverage period shall be automatically
                  extended to terminate on the second anniversary of the Change
                  in Control.

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2.                Change in Control -- means the occurrence of any one or more
         of the following events, subject to the provisions of subsection (g)
         hereof:

         (a)               The Company merges into itself, or is merged or
                  consolidated with another entity, and as a result of such
                  merger or consolidation, less than 51% of the voting power of
                  the then-outstanding voting securities of the surviving or
                  resulting entity immediately after such transaction are
                  directly or indirectly beneficially owned in the aggregate by
                  the former shareholders of the Company immediately prior to
                  such transaction;

         (b)               all or substantially all the assets accounted for on
                  the consolidated balance sheet of the Company are sold or
                  transferred to one or more entities or persons, and as a
                  result of such sale or transfer, less than 51% of the voting
                  power of the then-outstanding voting securities of such entity
                  or person immediately after such sale or transfer is directly
                  or indirectly beneficially held in the aggregate by the former
                  shareholders of the Company immediately prior to such
                  transaction or series of transactions;

         (c)               a person, within the meaning of Sections 3(a)(9) or
                  13(d)(3) (as in effect on the effective date of this
                  Agreement) of the Securities Exchange Act of 1934, as amended
                  (the "Exchange Act"), becomes the beneficial owner (as defined
                  in Rule 13d-3 of the Securities and Exchange Commission
                  pursuant to the Exchange Act) of (1) 15% or more, but less
                  than 35%, of the voting power of the then-outstanding voting
                  securities of the Company without prior approval of the Board
                  of Directors, or (2) 35% or more of the voting power of the
                  then-outstanding voting securities of the Company; provided,
                  however, that the foregoing does not apply to any such
                  acquisition that is made by (i) any subsidiary; (ii) any
                  employee benefit plan of the Company or any subsidiary; or
                  (iii) any person or group of which employees of the Company or
                  of any subsidiary control a greater than 25% interest, unless
                  the Compensation Committee determines that such person or
                  group is making a "hostile acquisition"; or (iv) any person or
                  group of which the Company is an affiliate;

         (d)               a majority of the members of the Board of Directors
                  are not Continuing Directors, where a "Continuing Director" is
                  any member of the Board of Directors who (1) was a member of
                  the Board of Directors on the effective date of this Agreement
                  or (2) was nominated for election or elected to the Board of
                  Directors with the affirmative vote of a majority of the
                  Continuing Directors who were members of the Board of
                  Directors at the time of such nomination or election; or

         (e)               the Board of Directors determines that (1) any
                  particular actual or proposed merger, consolidation,
                  reorganization, sale or transfer of assets, accumulation of
                  shares of the Company or other transaction or event or series
                  of transactions or events will, or is likely to, if carried
                  out, result in a Change in Control falling within subsections
                  (a), (b), (c) or (d) of this Section 2, and (2) it is in the
                  best interests of the Company and its shareholders, and will
                  serve the intended purposes of this Section 2, if such actual
                  or proposed transaction constitutes a Change in Control.

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         (f)              an event described in subsections (a) through (e)
                  above occurs with respect to the Employer, if it is not also
                  the Company.

         (g)               Notwithstanding the foregoing provisions of this
                  Section 2:

                  (1)      if any such merger, consolidation, reorganization,
                           sale or transfer of assets, or tender offer or other
                           transaction or event or series of transactions or
                           events mentioned in subsection (e) of this Section 2
                           shall be abandoned, or any such accumulations of
                           shares shall be dispersed or otherwise resolved, the
                           Board of Directors may, by notice to the affected
                           parties, nullify the effect thereof, but without
                           prejudice to any action that may have been taken
                           prior to such nullification; and

                  (2)      unless otherwise determined in a specific case by the
                           Board of Directors, a "Change in Control" shall not
                           be deemed to have occurred for purposes of subsection
                           (c) of this Section 2 solely because (i) the Company,
                           (ii) a subsidiary or (iii) any the Company-sponsored
                           employee stock ownership plan or any other employee
                           benefit plan of the Company or any subsidiary either
                           files or becomes obligated to file a report or a
                           proxy statement under or in response to Schedule 13D,
                           Schedule 14D-1, Form 8-K or Schedule 14A (or any
                           successor schedule, form or report or item therein)
                           under the Exchange Act disclosing beneficial
                           ownership by it of shares of the then-outstanding
                           voting securities of the Company, whether in excess
                           of 20% or otherwise, or because the Company reports
                           that a change in control of the Company has occurred
                           or will occur in the future by reason of such
                           beneficial ownership.

3.                Employment Period. Subject to the provisions of Sections 6 and
         7 of this Agreement, and provided (i) that the Employee is still
         employed by the Employer immediately preceding the occurrence of a
         Change in Control, and (ii) that this Agreement is in effect as
         provided in Section 1 above, the Employer hereby agrees to continue the
         Employee in its employ, and the Employee hereby agrees to remain in the
         employ of the Employer for the period commencing on the effective date
         of such Change in Control (the "Commencement Date") and ending on the
         second anniversary of the Commencement Date or if earlier, the
         Employee's attainment of age sixty-five (65) (the "Employment Period").
         The Employee also agrees to remain in the employ of the Employer in the
         event of any anticipated Change in Control, so long as this Agreement
         is in effect as provided in Section 1.

4.                Position and Duties.

         (a)               During the Employment Period, the Employee's position
                  (including status, offices, titles and reporting requirements,
                  authority, duties and responsibilities) shall be at least
                  commensurate in all material respects with those held,
                  exercised and assigned at any time during the 90-day period
                  immediately preceding the

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                  Commencement Date, and the Employee's principle place of
                  business shall be located within a 30 mile radius of the
                  location of said principle place of business immediately
                  preceding the Commencement Date.

         (b)               Excluding periods of vacation and sick leave to which
                  the Employee is entitled, the Employee agrees during the
                  Employment Period to devote substantially all of his attention
                  and time during normal business hours to the business and
                  affairs of the Employer and, to the extent necessary to
                  discharge the responsibilities assigned to the Employee
                  hereunder, to use reasonable best efforts to perform
                  faithfully and efficiently such responsibilities. The Employee
                  may (i) serve on corporate, civic or charitable boards or
                  committees, (ii) deliver lectures, fulfill speaking
                  engagements or teach at educational institutions and (iii)
                  manage personal investments, so long as such activities do not
                  interfere with the performance of the Employee's
                  responsibilities to the Employer. It is expressly understood
                  and agreed that to the extent that any such activities have
                  been conducted by the Employee prior to the Commencement Date,
                  such prior conduct of activities, and any subsequent conduct
                  of activities similar in nature and scope, shall not
                  thereafter be deemed to interfere with the performance of the
                  Employee's responsibilities to the Employer.

5.                Compensation. The following provisions apply during such time
         as the Employee is employed during the Employment Period:

         (a)               Base Salary. During the Employment Period, the
                  Employee shall receive a base salary as increased hereunder
                  from time to time ("Base Salary") at a rate at least equal to
                  the salary rate paid to the Employee by the Employer, together
                  with any of its Affiliates, immediately prior to the
                  Commencement Date. The Base Salary shall be reviewed
                  periodically and may be increased (but not decreased) in the
                  course of each such review to reflect increases in the cost of
                  living and such other increases as shall be consistent with
                  increases in base salary awarded in the ordinary course of
                  business to other key executives. Under no circumstances shall
                  any increase in the Base Salary (i) limit or reduce any other
                  obligation to the Employee under this Agreement, or (ii) be
                  later reduced or eliminated, once effective.

         (b)               Annual Bonus and Long-term Incentive Compensation.

                  (i)               In addition to the Base Salary, the Employee
                           shall be paid, for each fiscal year ending during the
                           Employment Period, an annual bonus (an "Annual
                           Bonus") pursuant to the Company's Annual Executive
                           Bonus Plan, or a comparable successor plan, in cash,
                           the amount of which Annual Bonus shall be based on
                           substantially the same performance criteria and goals
                           as were in effect in connection with the Bonus Plan
                           or a comparable successor plan to said Bonus Plan
                           immediately prior to the Commencement Date. In no
                           event, however, shall the Employee's Annual Bonus be
                           reduced to a level which is less than the average
                           bonus paid by the Employer with respect to the
                           Employee under the Bonus Plan (or a comparable
                           successor plan to the Bonus Plan) for the three
                           fiscal years of the Employer (or shorter actual
                           period) in which were paid the highest bonuses during
                           the five said

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                           years immediately preceding the Commencement Date. In
                           the event that the period for the first annual bonus
                           under said plan has not expired by the date of the
                           Change in Control, the Employee shall be deemed to
                           have received the target bonus for said period. Each
                           such Annual Bonus shall be payable within three
                           months after the end of the fiscal year for which the
                           Annual Bonus is awarded, unless the Employee shall
                           otherwise timely elect to defer the receipt of such
                           Annual Bonus under any deferred compensation plan of
                           the Employer then in effect.

                  (ii)              For each fiscal year during the Employment
                           Period, the Employee shall also receive any long-term
                           incentive compensation to which he is entitled
                           pursuant to the terms of stock-based awards granted
                           under the Company's Equity and Performance Incentive
                           Plan ("Long-Term Incentive Compensation"), and shall
                           furthermore continue to receive grants of said types
                           of awards (other than an extraordinary award)
                           consistent with the prior practices of the Company as
                           determined in the two fiscal years of the Company
                           ending immediately prior to the Change in Control (or
                           shorter actual period).

         (c)               Incentive Savings and Retirement Plans. In addition
                  to the Base Salary and Annual Bonus and Long-term Incentive
                  Compensation payable as herein above provided, the Employee
                  shall be entitled to participate, during the Employment
                  period, in all incentive, savings and retirement plans and
                  programs applicable to other key executives of the Employer in
                  comparable positions, but in no event shall such plans and
                  programs, in the aggregate, provide the Employee with
                  compensation, benefits and reward opportunities less favorable
                  than those provided by the Employer under such plans and
                  programs as in effect with respect to the Employee at any time
                  during the 90-day period immediately preceding the
                  Commencement Date.

         (d)               Welfare Benefit Plans. During the Employment Period,
                  the Employee and/or the Employee's dependents as the case may
                  be, shall be eligible to participate in and shall receive all
                  benefits under each welfare benefit plan of the Employer,
                  including, without limitation, all medical, dental,
                  disability, group life, accidental death and travel accident
                  insurance plans and programs of the Employer, as in effect
                  with respect to the Employee and his dependents at any time
                  during the 90-day period immediately preceding the
                  Commencement Date or, if more favorable to the Employee, as in
                  effect at any time thereafter with respect to other key
                  executives of the Employer in comparable positions.

         (e)               Expenses. During the Employment Period, the Employee
                  shall be entitled to receive prompt reimbursement for all
                  reasonable business-related expenses incurred by the Employee
                  in accordance with the policies and procedures of the Employer
                  as in effect with respect to the Employee at any time during
                  the 90-day period immediately preceding the Commencement Date
                  or, if more favorable to the Employee, as in effect at any
                  time thereafter with respect to other key executives of the
                  Employer in comparable positions.

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<PAGE>

         (f)               Fringe Benefits. During the Employment Period, the
                  Employee shall be entitled to fringe benefits and perquisites
                  in accordance with the policies of the Employer as in effect
                  with respect to the Employee at any time during the 90-day
                  period immediately preceding the Commencement Date or, if more
                  favorable to the Employee, as in effect at any time thereafter
                  with respect to other key executives of the Employer in
                  comparable positions.

         (g)               Office and Support Staff. During the Employment
                  Period, the Employee shall be entitled to an office or offices
                  of a size and with furnishings and other appointments, and to
                  secretarial and other assistance, at least equal to those
                  provided to the Employee at any time during the 90-day period
                  immediately preceding the Commencement Date or, if more
                  favorable to the Employee, as provided at any time thereafter
                  with respect to other key executives of the Employer in
                  comparable positions.

         (h)               Vacation. During the Employment Period, the Employee
                  shall be entitled to paid vacation in accordance with the
                  policies of the Employer as in effect with respect to the
                  Employee at any time during the 90-day period immediately
                  preceding the Commencement Date or, if more favorable to the
                  Employee, as in effect at any time thereafter with respect to
                  other key executives of the Employer in comparable positions.

6.                Termination. Prior to the Commencement Date, the employment of
         the Employee may be terminated at any time by the Employee or the
         Employer, with or without cause of any nature, in accordance with the
         Employer's usual policies and practices, at which time this Agreement
         shall automatically terminate. The following provisions relate solely
         to termination of the Employee's employment during the Employment
         Period:

         (a)            Death or Disability.

                  (i)               Subject to Section 7 below, this Agreement
                           shall terminate automatically upon the Employee's
                           death.

                  (ii)              Subject to Section 7 below, the Company may
                           terminate this Agreement after having established the
                           Employee's Disability (pursuant to the definition of
                           "Disability" set forth below), by giving to the
                           Employee written notice of its intention to terminate
                           the Employee's employment. In such a case, the
                           Employee's employment with the Employer shall
                           terminate effective on the 90th day after receipt of
                           such notice (the "Disability Effective Date"), unless
                           within 90 days after such receipt, the Employee shall
                           have returned to the full-time performance of the
                           Employee's duties. For purposes of this Agreement,
                           "Disability" means disability which, after the
                           expiration of more than 26 weeks after its
                           commencement, is determined to be total and permanent
                           by a physician selected by the Company or its
                           insurers and acceptable to the Employee or the
                           Employee's legal representative (such agreement as to
                           acceptability not to be withheld unreasonably).

                                       6
<PAGE>

         (b)               Cause. The Employer may terminate the Employee's
                  employment for "Cause." For purposes of this Agreement,
                  "Cause" means (i) an act or acts of dishonesty, moral
                  turpitude or willful misconduct taken by the Employee and
                  intended to result in substantial personal enrichment of the
                  Employee at the expense of the Company or any Subsidiary or
                  which have a material adverse impact on the business or
                  reputation of the Company or any Subsidiary of the Company, or
                  (ii) repeated violations by the Employee of the Employee's
                  obligations under Section 4 of this Agreement which are
                  demonstrably willful and deliberate on the Employee's part and
                  which have a material adverse impact on the business or
                  reputation of the Company or any Subsidiary of the Company,
                  but specifically excluding alleged violations which are due to
                  disability or for "Good Reason" as defined below.

         (c)               Good Reason. The Employee's employment may be
                  terminated by the Employee for Good Reason. For purposes of
                  this Agreement, "Good Reason" means:

                           (i)      (A)      the Assignment to the Employee of
                                             any duties inconsistent in any
                                             material respect with the
                                             Employee's position (including
                                             status, offices, titles and
                                             reporting requirements), authority,
                                             duties or responsibilities as
                                             contemplated by Section 4 of this
                                             Agreement or

                                    (A)      any other action by the Employer
                                             which results in a material
                                             diminishment in such position,
                                             authority, duties or
                                             responsibilities, other than action
                                             or inaction which is remedied by
                                             the Employer within 30 days after
                                             receipt of written notice thereof
                                             given by the Employee;

                  (ii)              any failure by the Company to comply with
                           any of the provisions of Section 5 of this Agreement,
                           other than any failure which is remedied by the
                           Company within 30 days after receipt of written
                           notice thereof given by the Employee;

                  (iii)             the Employer's requiring the Employee to be
                           based at any office or location more than 30 miles
                           away from that at which the Employee is based at the
                           Commencement Date, except for travel reasonably
                           required consistent with past practices, in the
                           performance of the Employee's responsibilities;

                  (iv)              any purported termination by the Employer of
                           the Employee's employment otherwise than as permitted
                           by this Agreement; or

                  (v)               any failure by the Company to comply with
                           and satisfy Section 12(c) of this Agreement.

         (d)               Notice of Termination. Any termination by the
                  Employer for Cause or by the Employee for Good Reason shall be
                  communicated by Notice of Termination to the other party
                  hereto given in accordance with Section 15(b) of this
                  Agreement. For purposes of this Agreement, a "Notice of
                  Termination" means a written notice

                                       7
<PAGE>

                  which (i) indicates the specific termination provision in this
                  Agreement relied upon, (ii) sets forth in reasonable detail
                  the facts and circumstances claimed to provide a basis for
                  termination of the Employee's employment under the provision
                  so indicated, and (iii) if the termination date is other than
                  the date of receipt of such notice, specifies the termination
                  date (which date shall be not more than 15 days after the
                  giving of such notice).

         (e)               Date of Termination. "Date of Termination" means the
                  date of receipt of the Notice of Termination or any later date
                  specified therein, as the case may be. If the Employee's
                  employment is terminated by the Employer in breach of this
                  Agreement, the Date of Termination shall be the date on which
                  the Employer notifies the Employee of such termination.

7.                Obligations of the Company Upon Termination. The following
provisions apply only in the event the Employee is terminated during the
Employment Period:

         (a)               Death. If the Employee's employment is terminated by
                  reason of the Employee's death, this Agreement shall terminate
                  without further obligation to the Employee's legal
                  representatives under this Agreement other than those payment
                  amounts accrued and payable hereunder at the date of the
                  Employee's death. Anything in this Agreement to the contrary
                  notwithstanding, the Employee's family shall be entitled to
                  receive benefits at least equal to those provided by the
                  Employer to surviving families of executives of the Employer
                  in the same or comparable positions under such plans, programs
                  and policies relating to family death benefits, if any, as in
                  effect at any time during the 90-day period immediately
                  preceding the Commencement Date or, if more favorable to the
                  Employee and/or the Employee's family, as in effect at the
                  time of Employee's death with respect to other key executives
                  of the Employer in comparable positions and their families.

         (b)               Disability. If the Employee's employment is
                  terminated by reason of the Employee's Disability, the
                  Employee shall be entitled after the Disability Effective Date
                  to receive any amounts then accrued and payable hereunder and
                  to receive disability and other benefits at least equal to
                  those provided by the Employer to disabled employees and/or
                  their families in accordance with such plans, programs and
                  policies relating to disability, if any, as in effect with
                  respect to executives of the Employer in the same or
                  comparable positions at any time during the 90-day period
                  immediately preceding the Commencement Date or, if more
                  favorable to the Employee and/or the Employee's family, as in
                  effect at the time of the disability termination with respect
                  to other key executives of the Employer in comparable
                  positions and their families.

         (c)               Cause. If the Employee's employment shall be
                  terminated for Cause, the Employer shall pay the Employee his
                  full Base Salary through the Date of Termination at the rate
                  in effect at the time Notice of Termination is given and shall
                  provide the Employee, through the Date of Termination, such
                  welfare benefits, fringe benefits, and other perquisites as
                  were provided to the Employee immediately prior to delivery to
                  Employee of the Notice of Termination. Subject to Section 8

                                       8
<PAGE>

                  below, the Company shall have no further obligation to the
                  Employee under this Agreement.

         (d)               Good-Reason; Other Than for Cause or Disability. If
                  the Employer shall terminate the Employee's employment with
                  the Employer other than for Cause or Disability, or the
                  employment of the Employee with the Employer shall be
                  terminated by the Employee for Good Reason,

                  (i)               the Employer shall pay to the Employee in a
                           lump sum in cash within 30 days after the Date of
                           Termination the aggregate of the following amounts:

                                    (A)      if not theretofore paid, the
                                             Employee's Base salary through the
                                             Date of Termination at the rate in
                                             effect on the Date of Termination
                                             or, if higher, at the rate in
                                             effect immediately prior to the
                                             Commencement Date; and

                                    (B)      ____ times the sum of (x) the
                                             Employee's annual Base Salary at
                                             the rate in effect at the time
                                             Notice of Termination was given or,
                                             if higher, the rate in effect
                                             immediately prior to the
                                             Commencement Date and (y) a bonus
                                             equivalent equal to the Base Salary
                                             as determined in (x) above
                                             multiplied by the Target Bonus
                                             Percentage most recently applied to
                                             him for said purpose; provided,
                                             however, that the amount paid shall
                                             represent a period no longer than
                                             the period between the Date of
                                             Termination and the Employee's
                                             attainment of age sixty-five (65)
                                             and shall be prorated on a monthly
                                             basis, if necessary; and

                                    (C)      in the case of vested compensation
                                             previously deferred by the
                                             Employee, all amounts, if any, of
                                             such compensation previously
                                             deferred and not yet paid by the
                                             Company;

                  (ii)              the Employer shall, promptly upon submission
                           by the Employee of supporting documentation, pay or
                           reimburse to the Employee any business-related costs
                           and expenses (including already accrued moving and
                           relocation expenses) paid or incurred by the Employee
                           on or before the Date of Termination or within 30
                           days after the Date of Termination which would have
                           been payable under Section 5(e) if the Employee's
                           employment had not terminated;

                  (iii)             until the first anniversary of the
                           Employee's Date of Termination (such number of months
                           remaining until such first anniversary is hereinafter
                           sometimes referred to as the "Unexpired Term"), the
                           Employer shall continue benefits (or equivalent
                           coverage) to the Employee and/or the Employee's
                           family at least equal to those which would have been
                           provided to them in accordance with the plans,
                           programs and policies described in

                                       9
<PAGE>

                           Sections 5(d) and 5(f) of this Agreement if the
                           Employee's employment had not been terminated, if and
                           as in effect at any time during the 90-day period
                           immediately preceding the Commencement Date or, if
                           more favorable to the Employee, as in effect from
                           time to time during the Unexpired Term with respect
                           to other key executives of the Employer in comparable
                           positions and their families; and

                  (iv)              upon request by the Employee at any time
                           within one year following the Date of Termination,
                           the Employer shall pay any reasonable expenses
                           incurred by the Employee in relocating Employee and
                           his dependents to any chosen location within the 48
                           contiguous United States which is more than 30 miles
                           from the Employee's residence         on the Date of
                           Termination, except to the extent (if any) that the
                           expenses of such relocation have been or will be
                           reimbursed by a new employer of Employee. Relocation
                           expenses which shall be reimbursed pursuant to this
                           paragraph include (1) all closing costs and brokerage
                           or commission fees incurred by the Employee in
                           connection with the sale of his home, and (2) all
                           costs of moving household goods and personal effects
                           to the       new location (including costs of packing
                           and unpacking, and insurance for up to $100,000
                           coverage). In addition, upon the written request of
                           the Employee, the Employer shall make an offer to
                           purchase the Employee's home for cash in an amount
                           equal to the greater of (A) the reasonably estimated
                           value of Employee's home six months prior to the
                           occurrence of the Change in Control or (B) the
                           reasonably estimated value on the Date of Termination
                           (the greater of such values is hereinafter referred
                           to as the "Established Value"). For purposes of
                           determining the Established Value, the Employer and
                           the Employee shall each, at the Employer's expense,
                           engage real estate appraisers who are certified to
                           evaluate professionally the reasonably estimated
                           values of the home as set forth above. The
                           Established Value shall include the land, buildings,
                           improvements, and designated items of personal
                           property (limited to carpeting and draperies) which
                           the Employee plans to leave behind when he or she
                           moves. Upon completion of the two appraisals the two
                           will be averaged to determine the Established Value.
                           If, however, the lower of the two appraisals varies
                           by more than 10% from the higher appraisal, a third
                           appraisal will be made at the Employer's expense by
                           an appraiser to be chosen mutually by the first two
                           appraisers, and the average of all three appraisals
                           will constitute the Established Value. The Employer
                           will then offer in writing to purchase the home at
                           the Established Value. The Employee will have 60 days
                           from the date of the offer within which to accept the
                           offer. The Employee will have, at his option, up to
                           60 days from his acceptance of the offer within which
                           to close the sale and vacate the property.
                           Additionally, the Employer shall pay the Employee
                           such additional amount as is necessary in order to
                           compensate the Employee for any taxes which become
                           payable with respect to the expenses reimbursed as
                           described in this subparagraph (iv), so that the
                           covered relocation expenses are fully reimbursed
                           on an after-tax basis.

                                       10
<PAGE>

8.                Non-exclusivity of Rights. Nothing in this Agreement shall
         prevent or limit the Employee's continuing or future participation in
         any benefit, bonus, incentive or other plan or program provided by the
         Employer for which the Employee may qualify, nor shall anything herein
         limit or otherwise affect such rights as the Employee may have under
         any other agreements with the Company or any of its Subsidiaries.
         Amounts which are vested benefits or which the Employee is otherwise
         entitled to receive under any plan or program of the Company or any of
         its Subsidiaries at or subsequent to the date of Termination shall be
         in accordance with such plan or program.

9.                Full Settlement. The Company's obligation to make the payment
         provided for in this Agreement and otherwise to perform its obligations
         hereunder shall not be affected by any circumstances including, without
         limitation, any set-off, counterclaim, recoupment, defense (except as
         provided in this Agreement) or other right which the Company or
         Employer may have against the Employee or others. In no event shall the
         Employee be obligated to seek other employment by way of mitigation of
         the amounts payable to the Employee under any of the provisions of this
         Agreement, nor shall re-employment of the Employee elsewhere in any way
         affect or offset the amounts payable pursuant to this Agreement.

         The Company agrees to pay, to the full extent permitted by law, all
legal fees and expenses which the Employee may incur as a result of any contest,
in which the Employee is successful in whole or in part, by the Company or
others of the validity or enforceability of, or liability under, any provision
of this Agreement or any guarantee of performance thereof or as a result of any
contest by the Employee, which is successful in whole or in part, against the
amount of any reduction pursuant to Section 10 of this Agreement, plus in each
case interest on the total unpaid amount determined to be payable under this
Agreement, payable at rates of interest equal to the Company's borrowing rate
under its senior bank credit facility (or its equivalent), as determined by the
Compensation Committee acting in good faith, on the first business day in each
such quarter which rate shall be expressed as a daily interest rate.

10.               Tax Gross-Up for Payments by the Company.

         (a)               If a Change in Control of the Company occurs, and any
                  payment or benefit provided by the Company or any of its
                  Subsidiaries to or for the benefit of the Employee, whether
                  paid or payable or provided or to be provided pursuant to the
                  terms of this Agreement or otherwise pursuant to or by reason
                  of any other agreement, policy, plan, program or arrangement,
                  including without limitation any stock option, performance
                  share, performance unit, stock appreciation right, restricted
                  stock award, executive incentive award, or similar right, or
                  the lapse or termination of any restriction on, or the vesting
                  or exercisability of, any of the foregoing (a "Payment"),
                  would be subject to the excise tax imposed by Section 4999 of
                  the Internal Revenue Code of 1986, as amended (the "Code") (or
                  any successor provision) by reason of being considered
                  "contingent on a change in ownership or control" of the
                  Company, within the meaning of Section 280G of the Code (or
                  any successor provision) or to any similar excise or penalty
                  tax imposed by state or local law, or any interest or
                  penalties with respect to that tax (that tax or those taxes,
                  together with any interest and penalties, may be referred to
                  as the "Excise Tax"), then, if the Employee complies with the
                  requirements of the policy

                                       11
<PAGE>

                  contained in this Section 10, the Employee will be entitled to
                  receive an additional payment or payments (collectively, a
                  "Gross-Up Payment"). The Gross-Up Payment will be in an amount
                  such that, after payment by the Employee of all taxes
                  (including any interest or penalties imposed with respect to
                  those taxes), including any Excise Tax imposed upon the
                  Gross-Up Payment, the Employee retains an amount of the
                  Gross-Up Payment equal to the Excise Tax imposed upon the
                  Payment.

         (b)               Subject to the provisions of subparagraph (f) below,
                  all determinations required to be made under this policy,
                  including whether an Excise Tax is payable by the Employee and
                  the amount of that Excise Tax and whether a Gross-Up Payment
                  is required to be paid by the Company to the Employee and the
                  amount of that Gross-Up Payment, if any, will be made by a
                  nationally recognized accounting firm (the "Accounting Firm")
                  selected by the Employee in his sole discretion. The Employee
                  will direct the Accounting Firm to submit its determination
                  and detailed supporting calculations to both the Company and
                  the Employee within thirty (30) calendar days after the
                  Employee's receipt of the first Payment upon or following the
                  Change in Control, and any other time or times as may be
                  requested by the Company or the Employee. If the Accounting
                  Firm determines that any Excise Tax is payable by the
                  Employee, the Company will pay the required Gross-Up Payment
                  to the Employee within five (5) business days after receipt of
                  the determination and calculations with respect to any Payment
                  to the Employee. If the Accounting Firm determines that no
                  Excise Tax is payable by the Employee, it will, at the same
                  time as it makes that determination, furnish the Company and
                  the Employee an opinion that the Employee has substantial
                  authority not to report any Excise Tax on his federal, state
                  or local income or other tax return. As a result of the
                  uncertainty in the application of Section 4999 of the Code (or
                  any successor provision) and the possibility of similar
                  uncertainty regarding applicable state or local tax law at the
                  time of any determination by the Accounting Firm, it is
                  possible that Gross-Up Payments which will not have been made
                  by the Company should have been made (an "Underpayment"),
                  consistent with the calculations required to be made under
                  this policy. If the Company exhausts or fails to pursue its
                  remedies pursuant to subparagraph (f) and the Employee
                  subsequently is required to make a payment of any Excise Tax,
                  the Employee will direct the Accounting Firm to determine the
                  amount of the Underpayment that has occurred and to submit its
                  determination and detailed supporting calculations to both the
                  Company and the Employee as promptly as possible. Any such
                  Underpayment will be promptly paid by the Company to, or for
                  the benefit of, the Employee within five (5) business days
                  after receipt of the determination and calculations.

         (c)               The Company and the Employee will each provide the
                  Accounting Firm access to and copies of any books, records and
                  documents in the possession of the Company or the Employee, as
                  the case may be, reasonably requested by the Accounting Firm,
                  and otherwise cooperate with the Accounting Firm in connection
                  with the preparation and issuance of the determinations and
                  calculations contemplated by subparagraph (b). Any
                  determination by the Accounting Firm as to

                                       12
<PAGE>

                  the amount of the Gross-Up Payment will be binding upon the
                  Company and the Employee.

         (d)               The federal, state and local income or other tax
                  returns filed by the Employee will be prepared and filed on a
                  consistent basis with the determination of the Accounting Firm
                  with respect to the Excise Tax payable by the Employee. The
                  Employee will make proper payment of the amount of any Excise
                  Payment, and at the request of the Company, provide to the
                  Company true and correct copies (with any amendments) of his
                  federal income tax return as filed with the Internal Revenue
                  Service and corresponding state and local tax returns, if
                  relevant, as filed with the applicable taxing authority, and
                  those other documents reasonably requested by the Company,
                  evidencing that payment. If prior to the filing of the
                  Employee's federal income tax return, or corresponding state
                  or local tax return, if relevant, the Accounting firm
                  determines that the amount of the Gross-Up Payment should be
                  reduced, the Employee shall within five (5) business days pay
                  to the Company the amount of that reduction.

         (e)               The reasonable fees and expenses of the Accounting
                  Firm for its services in connection with the determinations
                  and calculations contemplated by subparagraph (b) will be
                  borne by the Company to the extent they are reasonable by
                  industry standards. If those fees and expenses are initially
                  paid by the Employee, the Company will reimburse the Employee
                  the full amount of those fees and expenses within five (5)
                  business days after receipt from the Employee of a statement
                  for them and reasonable evidence of his payment of them.

         (f)               The Employee will notify the Company in writing of
                  any claim by the Internal Revenue Service or any other taxing
                  authority that, if successful, would require the payment by
                  the Company of a Gross-Up Payment. That notification will be
                  given as promptly as practicable but no later than ten (10)
                  business days after the Employee actually receives notice of
                  that claim and the Employee will further apprise the Company
                  of the nature of that claim and the date on which that claim
                  is requested to be paid (in each case, to the extent known by
                  the Employee). The Employee will not pay that claim prior to
                  the earlier of (i) the expiration of the thirty (30)
                  calendar-day period following the date on which he gives that
                  notice to the Company and (ii) the date that any payment of an
                  amount with respect to that claim is due. If the Company
                  notifies the Employee in writing prior to the expiration of
                  that period that it desires to contest the claim, the Employee
                  will:

                  (i)               provide the Company with any written records
                           or documents in his possession relating to that claim
                           reasonably requested by the Company;

                  (ii)              take that action in connection with
                           contesting the claim as the Company reasonably
                           requests in writing from time to time, including
                           without limitation accepting legal representation
                           with respect to that claim by an attorney competent
                           in respect of the subject matter and reasonably
                           selected by the Company;

                                       13
<PAGE>

                  (iii)             cooperate with the Company in good faith in
                           order effectively to contest that claim; and

                  (iv)              permit the Company to participate in any
                           proceedings related to that claim; provided, however,
                           that the Company will bear and pay directly all costs
                           and expenses (including interest and penalties)
                           incurred in connection with that contest and will
                           indemnify and hold harmless the Employee, on an
                           after-tax basis, for and against any Excise Tax or
                           income tax, including interest and penalties with
                           respect to the Excise Tax, imposed as a result of
                           that representation and payment of costs and
                           expenses. Without limiting the foregoing provisions
                           of this subparagraph (f), the Company will control
                           all proceedings taken in connection with the contest
                           of any claim contemplated by this subparagraph (f)
                           and, at its sole option, may pursue or forego any and
                           all administrative appeals, proceedings, hearings and
                           conferences with the taxing authority in respect of
                           that claim (provided, however, that the Employee may
                           participate in them at his own cost and expense) and
                           may, at its option, either direct the Employee to pay
                           the tax claimed and sue for a refund or contest the
                           claim in any permissible manner, and the Employee
                           will prosecute that contest to a determination before
                           any administrative tribunal, in a court of initial
                           jurisdiction and in one or more appellate courts, as
                           the Company will determine; provided, however, that
                           if the Company directs the Employee to pay the tax
                           claimed and sue for a refund, the Company will
                           advance the amount of that payment to the Employee on
                           an interest-free basis and will indemnify and hold
                           harmless the Employee, on an after-tax basis, from
                           any Excise Tax or income or other tax, including
                           interest or penalties with respect to the Excise Tax,
                           imposed with respect to that advance; and provided
                           further, however, that any extension of the statute
                           of limitations relating to payment of taxes for the
                           taxable year of the Employee with respect to which
                           the contested amount is claimed to be due is limited
                           solely to that contested amount. Furthermore, the
                           Company's control of any contested claim will be
                           limited to issues with respect to which a Gross-Up
                           Payment would be payable pursuant to this policy and
                           the Employee will be entitled to settle or contest,
                           as the case may be, any other issue raised by the
                           Internal Revenue Service or any other taxing
                           authority.

                                       14
<PAGE>

11.               Confidential Information. The Employee shall hold in a
         fiduciary capacity for the benefit of the Company any and all secret or
         confidential information, knowledge or data relating to the Company or
         any of its Affiliates and their respective businesses, which (i) was
         obtained by the Employee during the Employment Period or during the
         Employee's prior employment by the Company or any of its Affiliates and
         (ii) is not public knowledge (other than by acts by the Employee or his
         representatives in violation of this Agreement). After termination of
         the Employee's employment with the Company, the Employee shall not,
         without the prior written consent of the Company, communicate or
         divulge any such information, knowledge or data to anyone other than
         the Company and those designated by it, unless required by legal
         process.

12.               Successors.

         (a)               This Agreement is personal to the Employee and
                  without the prior written consent of the Company the benefits
                  accrued and payable hereunder shall not be assignable by the
                  Employee otherwise than by will or the laws of descent and
                  distribution. This Agreement shall inure to the benefit of and
                  be enforceable by the Employee's legal representatives.

         (b)               This Agreement shall inure to the benefit of and be
                  binding upon the Company and its successors.

         (c)               In the event of a Change in Control of the Company,
                  any Parent Company or Successor (as such terms are defined in
                  Appendix I hereof) shall, (i) in the case of a Successor, by
                  an agreement in form and substance reasonably satisfactory to
                  the Employee, expressly assume and agree to perform this
                  Agreement and, (ii) in the case of a Parent Company, by an
                  agreement in form and substance reasonably satisfactory to the
                  Employee, guarantee and agree to cause the performance of this
                  Agreement, in each case, in the same manner and to the same
                  extent as the Company would be required to perform if no
                  Change in Control had taken place.

13.               Coordination of Benefits. Notwithstanding any contrary
         provision of this Agreement, any amounts paid to Employee pursuant to
         any other plan or agreement on the part of the Company or a Subsidiary
         which provides severance compensation to the Employee under the
         circumstances which would result in payments under this Agreement, the
         Company's Severance Policy shall reduce pro tanto the amounts payable
         to Employee pursuant to this Agreement.

14.               Indemnification. During the Coverage Period, and thereafter
         with respect to any act occurring within said Coverage Period, the
         Company agrees to continue in force any indemnification agreements or
         obligations which are in effect as of the Effective Date, and which
         would provide indemnification to Employee, including any such
         provisions of the Company's Articles of Incorporation or By-laws.

15.               Miscellaneous.

         (a)               This Agreement shall be governed by and construed in
                  accordance with the laws of the State of Georgia, without
                  reference to principles of conflict of laws. The

                                       15
<PAGE>

                  captions of this Agreement are not part of the provisions
                  hereof and shall have no force or effect. This Agreement may
                  not be amended or modified otherwise than by a written
                  agreement executed by the parties hereto or their respective
                  successors and legal representatives.

         (b)               All notices and other communications hereunder shall
                  be in writing and shall be given by hand delivery to the other
                  party or by registered or certified mail, return receipt
                  requested, postage prepaid, addressed as follows:

                           If to the Employee:

                           ----------------
                           ----------------
                           ----------------

                           If to the Company:
                           Flowers Foods, Inc.
                           1919 Flowers Circle
                           Thomasville, Georgia  31757
                           Attention:  Secretary with additional copy to the
                                       General Counsel

         or to such other address as either party shall have furnished to the
         other in writing in accordance herewith. Notice and communications
         shall be effective when actually received by the addressee.

         (c)               The invalidity or unenforceability of any provision
                  of this Agreement shall not affect the validity or
                  enforceability of any other provision of this Agreement.

         (d)               The Company may withhold from any amounts payable
                  under this Agreement such federal, state or local taxes as
                  shall be required to be withheld pursuant to any applicable
                  law or regulation.

         (e)               This Agreement contains the entire understanding of
                  the Company and the Employee with respect to the subject
                  matter hereof.

         (f)               The Employee and the Company and any other Employer
                  acknowledge that the employment of the Employee by the
                  Employer is "at will," and, prior to the Commencement Date,
                  may be terminated by either the Employee or the Employer at
                  any time with or without cause of any nature.

         (g)               The terms "Parent Company," "Subsidiary," and
                  "Successor" are defined in Appendix I hereto, which is
                  incorporated by reference herein.

                                       16
<PAGE>

                  IN WITNESS WHEREOF, the Employee has hereunto set his hand,
and the Company has caused these presents to be executed in its name on its
behalf, all as of the day and year first above written.

                                      FLOWERS FOODS, INC.

                                      By:
                                          -----------------------------------

                                      Title:
                                          -----------------------------------

EMPLOYEE

---------------------------

                                       17
<PAGE>

                                   APPENDIX I

                          DEFINITIONS OF CERTAIN TERMS

         (1)      The term "Parent Company" shall mean a corporation or
                  corporations of which the Company becomes a direct or indirect
                  subsidiary, or a corporation or corporations, or
                  unincorporated entity or entities, which indirectly control
                  the Company by controlling the greatest amount of equity (by
                  vote) of the Company.

         (2)      The term "Subsidiary" shall mean a corporation or other
                  business entity at least 50% of whose stock (or other
                  applicable capital interest) is owned directly or indirectly
                  by the Company.

         (3)      The term "Successor" shall mean another corporation or
                  unincorporated entity or group of corporations or
                  unincorporated entities which acquires all or substantially
                  all of the assets

                                       18

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