Document:

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                                                                  Exhibit 10.36

                                    Agreement

     This Agreement is between AMF Bowling Worldwide, Inc. (the "Company") and
Timothy Scott ("Executive") and is effective November 12, 1999. The Company and
Executive agree as follows:

     1. Duties. Executive will serve the Company as Senior Vice President,
Marketing and perform the duties and responsibilities assigned to him by the
President and Chief Executive Officer of the Company (the "CEO"). The duties may
include serving as a director or officer of any affiliate of the Company.
Executive will perform his duties primarily at the Company's headquarters,
wherever the CEO may from time to time designate the headquarters to be (but in
any case within a 30 mile radius of the Company's current headquarters in
Richmond, Virginia) and such other temporary locations as the CEO may
reasonably request. Executive will devote his full attention and time to the
business and affairs of the Company and use his best efforts to carry out his
responsibilities with the highest degree of professionalism. Executive will
abide by all guidelines and policies pertaining to the business and affairs of
the Company as may be approved from time to time by the CEO (the "Guidelines").
Without violating his duties to the Company, Executive may manage his personal
investments, so long as his activities do not compete with and are not provided
to or for any entity that competes with the Company and do not interfere with
his responsibilities as an officer and employee of the Company. The term
"Company" includes the Company and its affiliates.

     2. Compensation and Benefits. (a) Base Salary. Executive's base
compensation will be $200,000 annually ("Base Salary"). The Company will pay the
Base Salary monthly or at such other intervals, not less frequently than
monthly, as it pays the base salaries of other executives. The CEO may increase
the Base Salary annually. The term Base Salary will refer to the Base Salary as
increased.

     (b) Annual Bonus. Executive will also be entitled to Annual Incentive
Compensation ("Bonus") under the Company's Annual Incentive Compensation Plan as
adopted by the CEO, in his sole discretion, each year (the "Plan").

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Executive will be entitled to a Bonus annually in an amount up to 50% of Base
Salary. The Bonus will be based on performance against objectives set forth in
the Plan.

     (c) Vacation. During calendar year 1999, Executive will be entitled to two
(2) weeks vacation. After calendar year 1999, Executive will be entitled to four
(4) weeks annual vacation during his employment. Vacation will be subject to the
Guidelines.

     (d) Relocation. Executive will be entitled to reimbursement of relocation
expenses for his move from Lexington, Kentucky to Richmond, Virginia and other
benefits in accordance with the Guidelines applicable to senior executives
generally.

     (e) Options. The Company will grant Executive 100,000 options to purchase
shares of the common stock of AMF Bowling, Inc. pursuant to the AMF Bowling,
Inc. 1998 Stock Incentive Plan, the form of option agreement appended hereto as
Exhibit A and the Guidelines. Executive will also be entitled to participate in
any incentive stock option program from time to time made available to other
executives of the Company.

     3. Termination of Employment. (a) Employment at Will. Executive's
employment is "at will". The Company may terminate Executive's employment at any
time with or without cause. Executive may terminate his employment at any time
with or without cause.

     (b) Death or Disability. Executive's employment will terminate
automatically upon his death. The Company may terminate Executive's employment
because of Executive's Disability. "Disability" means that Executive has been
unable for a period of (i) 90 consecutive days or (ii) an aggregate of 180 days
in a period of 365 consecutive days to perform fully his duties as a result of
physical or mental illness or injury. The Company may terminate Executive's
employment for Disability by written notice to Executive. The termination will
be effective on the 30th day after receipt of notice by Executive (the
"Disability Date"), unless Executive returns to full-time performance of his
duties before the Disability Date. In the event of a dispute as to whether

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Executive has suffered a Disability, the final determination will be made by a
licensed physician selected by the CEO.

     (c) Termination Date. "Termination Date" means the date of Executive's
death, the Disability Date or the date on which the termination of Executive's
employment by the Company or Executive is effective, as the case may be.

     4. Company's Obligation Upon Termination. (a) Termination Without Cause or
with Good Reason. If Executive terminates his employment for Good Reason (herein
defined) or the Company terminates Executive's employment (other than due to
Executive's death or Disability or with cause), the Company will pay Executive:

     (i) in one lump sum Executive's accrued but unpaid Base Salary (the
"Accrued Salary"), which will equal the sum of (1) any portion of Base Salary
through the Termination Date that has not yet been paid and (2) any accrued but
unpaid vacation pay under the Guidelines;

     (ii) subject to Executive satisfying the condition precedent set forth in
Section 5, severance pay in the amount of his Base Salary on the Termination
Date payable, less applicable withholding and deductions, in twelve equal
monthly installments beginning one month after the Termination Date
("Severance"); and

     (iii) an "Allocable Bonus Amount" for the year in which Executive's
employment is terminated equal to the amount of Bonus, if any, to which the
Executive may have become entitled (if he was employed for the entire year)
based on the Company's then current Plan for Executive) multiplied by a
fraction, (x) the numerator of which is the number of days in year which
Executive was employed and (y) the denominator of which is 365. The Allocable
Bonus Amount will be paid only at the time and subject to the terms and
conditions of the Plan.

         (b) Good Reason means, without Executive's written consent. (i) any
material and permanent diminution in Executive's title, authority, duties or
responsibilities inconsistent with his position as the Senior Vice President,
Marketing of the Company or a material segment of the Company's business (other
than as a result of Executive's physical or mental disability or other
incapacity); (ii) any removal of Executive from the position set forth in
Section 1; (iii) any reduction in Executive's Base Salary; (iv) the Company's
requiring Executive to be based permanently at any office or location other than
as

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provided in Section 1; or (v) the Company's failure to comply with its material
obligations under this Agreement. Executive will provide the Company with
written notice of any of the events set forth in subsections (i) through (v)
above and the Company will have 30 days to cure. Executive may not terminate
employment for Good Reason as a result of any reason specified in subsections
(i) through (v) if the Company effectuates a cure within the 30-day period.

     (c) Termination Due to Death or Disability. Upon Executive's death during
his employment or if the Company terminates Executive's employment due to
Disability, the Company will pay Executive his Accrued Salary in one lump sum
and his Allocable Bonus Amount, if any, at such time and under such terms and
conditions as may then be applicable. Executive will not be entitled to
Severance.

     (d) Voluntary Resignation. If Executive resigns his employment for other
than Good Reason, the Company will pay Executive his Accrued Salary in one lump
sum. Executive will not be entitled to Severance or his Allocable Bonus.

     (e) Termination for Cause. The Company may terminate Executive's employment
at any time for cause if the CEO determines that Executive has (i) committed any
act of fraud or gross negligence in the course of his employment, which in the
case of gross negligence, has a material adverse effect on the business or
financial condition of the Company, (ii) willfully or deliberately failed to
perform the duties of his position, other than on account of his Disability,
(iii) intentionally refused to cause the Company to adhere to any material
provision of the operating budget or business plan adopted by the CEO or to any
lawful and material direction or instruction of the CEO, (iv) been convicted or
plead guilty (or nolo contendere) to any felony under the laws of the United
States or any state thereof or any foreign country to which Executive may be
subject, (v) engaged in gross misconduct, such as theft or embezzlement, or a
crime involving moral turpitude, which crime reflects poorly on the image or
reputation of the Company, (vi) made a material misrepresentation at any time to

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the Company, or (vii) breached any of his obligations hereunder or failed to
comply with a reasonable and lawful instruction of the CEO, which continues for
a period of 5 days after Executive's receipt of written notice from the CEO
identifying the objectionable action or infraction by Executive. If there is a
termination for cause, the Company will deliver to Executive a written notice
specifying the cause and the effective Termination Date. Upon termination for
cause, Executive will not be entitled to Severance or an Allocable Bonus Amount.

     5. Executive's Obligation Upon Termination. (a) Release. As a condition
precedent to Executive's entitlement to Severance, Executive will release the
Company and its officers, directors, and employees of and from any Claims
(herein defined). The release will be in form and substance reasonably
acceptable to the Company's counsel. Claims means all claims, causes of action,
obligations, damages, losses or liabilities, known or unknown, both at law and
in equity (including all claims of employment discrimination, unjust or improper
dismissal, retaliation, back pay or future employment opportunities) (which
relate to employment, separation from employment) and refusal to offer future
employment by or with the Company by or on behalf of Executive that Executive
may have or ever will have. The release contemplated in this Section will not
release the Company from its obligations under this Agreement or any obligation
under its Charter or By Laws to indemnify Executive as an officer or director of
the Company.

     (b) Confidentiality. During and for a period of two (2) years after the
Termination Date, except as required by law, Executive will not divulge any
secret or confidential information, knowledge or data relating to the Company or
its affiliates that is not public knowledge ("Confidential Information").

     (c) Disparaging Remarks. During and for a period of two (2) years after the
Termination Date, except as required by law, Executive will not at any time make
any disparaging, derogatory, negative or similar remarks, comments or
statements, in writing or otherwise, about or in any way in reference to the
Company, its products or services or its officers, directors, employees or
affiliates.

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     (d) Competition. (i) During his employment and the one year period
following any termination of his employment with the Company (the "Restricted
Period"), Executive will not directly or indirectly participate in or permit his
name directly or indirectly to be used by or become associated with (including
as an advisor, representative, agent, independent contractor, provider of
personal services or otherwise) any person, corporation, partnership,
association or entity that is, or intends to be, engaged in any business which
is in competition with the Business (herein defined) of the Company in any
country in which the Company operates, competes or is engaged in the Business or
at such time intends so to operate, compete or become engaged in such business
("Competitor").

     (ii) During the Restricted Period, Executive will not directly or
indirectly encourage (or solicit or assist any other person or firm in
encouraging or soliciting) any person, who was engaged in a business
relationship with the Company during the one year period preceding his or her
termination of employment with the Company, to engage in a business relationship
with a Competitor.

     (iii) During the Restricted Period, Executive will not directly or
indirectly induce any employee of the Company to terminate his or her employment
and will not directly or indirectly either individually or as owner, agent,
employee, consultant or other wise, employ offer employment or cause employment
to be offered to any person (including employment as an independent contractor)
who is or was employed by the Company unless such person will have ceased to
be so employed for a period of at least 12 months.

     (iv) Promptly following Executive's termination of employment, Executive
will return to the Company all property of the Company in Executive's possession
or under his control, including all Confidential Information in whatever media
it is maintained.

     (v) The term "Business" means the business of owning or operating bowling
based entertainment centers, golf driving, putting or practice facilities or
theaters, or manufacturing, distributing or selling bowling products and

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accessories. The term "Competitor" will exclude any business participating
principally in the restaurant or food and beverage industry.

     (vi) Executive agrees that the Restricted Period and the covenants and
obligations of Executive with respect to non-competition, non-solicitation,
confidentiality, the property of the Company and the restricted territories (1)
are fair and reasonable and the result of negotiation and (2) relate to special,
unique and extraordinary matters and that a violation of any of their terms will
cause the Company irreparable injury for which adequate remedies are not
available at law. Therefore, Executive agrees that the Company will be entitled
to an injunction, restraining order or such other equitable relief as a court of
competent jurisdiction may deem necessary or appropriate to restrain Executive
from committing any violation of the covenants and obligations. These remedies
are cumulative and are in addition to any other rights and remedies the Company
may have at law or in equity. If at the time of enforcement, a court holds that
any restrictions are unreasonable under circumstances then existing, the parties
agree that the maximum period, scope, or geographical area legally permissible
under such circumstances will be substituted for the period, scope or area
stated herein.

     6. Miscellaneous. (a) Assignment. This Agreement is personal to Executive
and may not be assigned by Executive otherwise than by will or the laws of
descent and distribution.

     (b) Prior Agreements. This Agreement supercedes the offer of employment
contained in the October 1, 1999 letter from the CEO to Executive. There are no
representations or promises concerning the employment of Executive other than as
set forth in this Agreement.

     (c) Applicable Law. The laws of Virginia will govern this Agreement.

     (d) Amendment. This Agreement may not be amended or modified except by a
written agreement executed by the parties.

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

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                           If to Executive:

                           Timothy Nicholas Scott
                           619 Mint Hill Lane
                           Lexington, KY  40509

                           If to the Company:

                           AMF Bowling Worldwide, Inc.
                           8100 AMF Drive
                           Richmond, Virginia  23111
                           Attention: Chief Executive Officer

     The invalidity or unenforceability of any provision of this Agreement will
not affect the validity or enforceability of any other provision of this
Agreement.

Witness the following signatures:

                           /s/ Timothy Nicholas Scott
                          --------------------------------
                           Timothy Nicholas Scott

                           AMF Bowling Worldwide, Inc.

                           By:   /s/ Roland C. Smith
                              --------------------------------------------------
                                    Roland C. Smith
                           Title:   President and Chief Executive Officer<PAGE>
                                                                   Exhibit 10.37

                       [LETTERHEAD OF AMF BOWLING, INC]

                                 April 10, 2000

Mr. John P. Watkins
11 Bridgway Road
Richmond, Virginia 23226

Dear John:

     Your employment with AMF Bowling, Inc., AMF Bowling Centers, Inc. and their
affiliates ("AMF") ended at the close of business on April 10, 2000 (the
"Termination Date"). In exchange for your promises in this letter, AMF will
provide you with the severance and benefits described below (the "Severance").
The Severance is in excess of the obligation owed to you under AMF's severance
policy or your employment letter. You and AMF agree as follows:

     1.   Termination. (a) You will not be an employee of AMF after the
          -----------
Termination Date. You agree that this letter evidences your resignation,
effective immediately, as an officer and director of AMF and as an officer or
director of (or representative of AMF in) any industry trade association. You
agree that you will not communicate with employees of AMF (other than your
direct reports based in Richmond) until after AMF issues the press release
mentioned in paragraph 3 below and that you will not communicate with any trade
association after the date of this letter (other than to submit such
resignations as AMF deems appropriate).

     (b)  After the Termination Date, you will not perform any duties on behalf
of AMF except as required or contemplated by this letter.

     (c)  You will not be entitled to any bonus or incentive compensation for
2000.

     (d)  Your options to purchase the common stock of AMF Bowling, Inc. will
continue to be governed by the terms and conditions of the 1996 and 1998 AMF
Bowling, Inc. Stock Incentive Plans (the "Plans"). As you are aware, the Plans
provide that upon the termination of employment, you forfeit unvested Stock
Options and have three (3) months after the termination during which you may
exercise vested Stock Options (any Stock Options not exercised within such
period will be forfeited).

     (e)  Except as may be required by law or as specifically promised by AMF in
this letter, after the Termination Date, you will not be entitled to any
insurance, health or other benefits provided by AMF to you or your family.

     (f)  After the Termination Date, you will not be entitled to incur any
further expenses on behalf of AMF or to take any action in its name.

<PAGE>

     2.  Severance. (a) On the first day following the end of the Revocation
         ---------
Period (as defined in paragraph 14 below), AMF will pay to you as part of the
Severance $300,000 less required withholdings, normal deductions and any amounts
that you owe AMF. This payment is an amount equal to your annual base salary.

     (b) As part of the Severance, from the Termination Date until the earlier
of (i) the end of your 18 month legal entitlement under COBRA or (ii) your
employment by a company that offers a health insurance program for you and your
family and life insurance program for you that is reasonably similar to the
program then offered by AMF to its Richmond based employees, AMF will pay the
full premium for participation by you and your family in the health insurance
program and life insurance program for you that AMF offers to its Richmond based
employees during the Severance Period (herein defined).

     (b) As part of the Severance, you will be paid your base salary and 2 weeks
of accrued but unused vacation, less required withholdings, normal deductions
and any amounts that you owe AMF, through April 21, 2000 on AMF's normal pay
dates.

     (c) As part of the Severance, AMF will also pay $4,000 in lieu of the cost
of outplacement services. You will be responsible for the purchase of any
outplacement services.

     (d) Except as specifically promised in this letter, AMF will only pay the
Severance to you and will have no other obligation to you arising out of or
relating to your employment or the termination of your employment. You agree
that you will forfeit your entitlement to the Severance if you fail to perform
or observe any of your promises or obligations in this letter.

     (e) You accept the Severance in lieu of any accrued bonus, additional
vacation or personal leave or other benefit to which you are or may believe you
are entitled by reason of your employment, the termination of your employment or
otherwise.

     3.  Services. Until April 21, 2000, you agree to provide assistance to AMF
         --------
as requested by the Chief Executive Officer of AMf (the "CEO") (the "Services").
The Services will be related to the orderly transfer of you former
responsibilities and may include your assistance in any other matter as the CEO
may reasonably request. You will devote your reasonable effort and time to the
performance of the Services. You may obtain employment, pursue personal and
family matters and manage personal investments, all on a full time basis,
without violating your obligation to perform the Services so long as your
activities are not provided to or for any entity that competes with AMF and do
not interfere with your responsibilities under this letter. In addition to the
Services, during the Severance Period, you agree to cooperate and sign such
resignation letters for AMF and trade associations and forms, applications or
certificates as necessary to remove your name from alcoholic beverages or gaming
licenses held by AMF.

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<PAGE>

     4.   Announcement and References. AMF will issue the press release
          ---------------------------
attached as Exhibit A on or about the Termination Date. You will direct
requests for references only to AMF's Vice President of Human Resources. AMF
will respond to requests by sending a letter substantially in the form of the
letter attached as Exhibit B.

     5.   401 k) Savings Plan. Pursuant to the terms of AMF's 401K Savings Plan
          -------------------
(the "Plan"), you will be entitled to a distribution of your Accrued Benefit, if
any, as provided in the Plan, subject to any taxes or withdrawal penalties
required by law.

     6.   Expenses. You will be reimbursed for all outstanding business expenses
          --------
incurred by you under AMF's policies on behalf of AMF through the Termination
Date (except as specifically provided in this letter).

     7.   Release. In consideration of the Severance, you (for yourself and your
          -------
heirs, representatives and assigns) voluntarily, fully and irrevocably release,
and discharge AMF and its officers, directors and employees of and from any and
all claims, causes of action, rights, suits, demands, obligations, damages,
costs, losses and/or liabilities, joint or several, present, past or future,
known or unknown, of whatever source, both at law and in equity, including,
without limitation, any claims for wrongful discharge, employment
discrimination, unjust or improper dismissal or treatment, intentional or
negligent torts, retaliation, back pay, reinstatement, future employment
opportunities and all other claims relating to employment, separation from
employment and refusal to offer future employment, breach of express or implied
contract, fraud, misrepresentation, defamation, claims of any kind that may be
brought in any court or administrative agency, any claims under the Civil Rights
Act of 1964, as amended, the Age Discrimination in Employment Act, the Americans
with Disabilities Act, the Employee Retirement Income Security Act, the Fair
Labor Standards Act, the Family and Medical Leave Act, the Civil Rights Act of
1991, as amended, the Equal Pay Act, the Virginia Human Rights Act or any other
federal, state or local law relating to employment, employee benefits or the
termination of employment, or any other claim, including attorneys' fees and
costs, excepting only the provisions of this letter. You will not institute,
prosecute, file or process, or assist or cooperate with the instituting,
prosecuting, filing or processing of any complaint, charge or litigation with
any governmental agency or court against AMF or its owners, shareholders,
directors, officers, employees or agents in any way related to or arising out of
the facts, claims or issues encompassed in this letter. If you attempt to avoid
or set aside the terms of this letter, or if AMF successfully asserts the
release set forth in this letter (the "Release") as a defense or bar to any
claim asserted by you, you will be liable for reasonable costs and attorneys'
fees in defending such claims or asserting such defense. The Release does not
include AMF's obligations to you under this letter or under AMF's obligation to
indemnify you as a former officer or director of AMF or as a holder of any
alcoholic beverage or gaming license on behalf of AMF which

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<PAGE>

indemnification obligations are incorporated herein by reference and affirmed by
AMF.

     (l)  In consideration of the Severance, we voluntarily, fully and
irrevocably release you, and discharge you from any and all claims, causes of
action, rights, suits, demands, obligations, damages, costs, losses and/or
liabilities, joint or several, present, past or future, known or unknown, of
whatever source, both at law and in equity.  If we attempt to avoid or set
aside the terms of this letter, or if you successfully assert the release set
forth in this letter (the "Release") as a defense or bar to any claim asserted
by us, we will be liable for reasonable costs and attorneys' fees in defending
such claims or asserting such defense.

     8.   No Admission.  This letter is not an admission of a violation of any
          ------------
law or duty owed by AMF.  Similarly, this letter is not an admissions of a
violation of any law or duty by owed by you.

     9.   Disclosure.  You promise not to communicate or disclose the existence
          ----------
of this letter or its terms to anyone except as required by law and to your
immediate family members and to counsel, accountants and other advisors or for
other good cause after and approval by AMF.  AMF may disclose the existence of
this letter and its terms as AMF deems necessary to comply with laws, including
securities laws. AMF may also disclose the existence of this letter or its terms
to its employees, officers and Board members.

     10.  Confidentiality. Prior to April 21, 2000, you will assemble and
          ---------------
surrender to AMF all written, printed or electronic materials used by you in the
performance of your duties for AMF. You agree that all written or printed
materials and all information and data, regardless of medium, used or developed
by you during your employment, are the property of AMF. These include, but are
not limited to, all business or operating plans or forecasts, manuals, hand
written notes or other memoranda, regardless of medium relating to the bowling
centers, products, financial results, customer service or business plans of AMF.
You will not use or disclose any confidential information, trade secrets or
proprietary information, whatever their form, obtained from or by virtue of
association with AMF without written authorization from AMF.

     11.  Disparaging Remarks. You will not at any time make any disparaging,
          -------------------
derogatory, negative or similar remarks, comments or statements, in writing or
otherwise, about or in any way in reference to AMF and its products, services,
officers, directors or employees.

     12.  Non Compete.
          -----------

     (a)  During the Severance Period, you will not directly or indirectly:

          (i)  participate with, as an employee, advisor or otherwise (or permit
your name directly or indirectly to be used by), any person or entity that
operates or intends to operate a chain of ten (10) or more bowling centers
("Competitor");

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          (ii)  encourage any person, who was engaged in a business relationship
with AMF during the one year prior to the Termination Date, to engage in a
business relationship with a Competitor of AMF; or

          (iii) induce an AMF employee to terminate his or her employment (this
does not prohit general circulation advertisement for employees).

You may work or participate in the retail or wholesale food industry, provided
such work or participation does not result in a violation of clause (a)(i)
above. As used in this letter, the "Severance Period" means the period beginning
on the Termination Date and ending 365 days following the Termination Date.

     (b)  You agree that the Severance Period and your promises in Paragraphs 9,
10 and 11 are fair and reasonable and relate to special, unique and
extraordinary matters and that a violation of any of their terms will cause AMF
irreparable injury for which adequate remedies are not available at law. You
therefore agree that AMF will be entitled to an injunction or such other
equitable relief as a court may deem appropriate to restrain you from violating
your promises. These injunctive remedies are in addition to any other rights and
remedies AMF may have at law or in equity. If a court holds that any
restrictions are unreasonable under circumstances then existing, the maximum
period, scope, or geographical area legally permissible under such circumstances
will substituted for the period, scope or area stated herein.

     13.  Agreement. This letter constitutes the entire agreement between you
          ---------
and AMF (the "Agreement") and supersedes any prior agreements or understandings
relating to your employment, the termination of your employment or other matter.
Virginia law will govern the Agreement. The Agreement may be changed only by
agreement in writing signed by you and AMF. If any part of the Agreement is
finally determined by a court to be invalid or unenforceable for any reason, the
determination will not affect its remaining provisions.

     14.  Review by Counsel. (a) You certify (i) you have read the Agreement and
          -----------------
have been advised by AMF to seek legal advice about it and have had an
opportunity to discuss the Agreement and in particular, Paragraph 7, with an
attorney chosen by you (AMF will reimburse up to $1,000 of the cost of your
attorney's fees), (ii) you understand the terms, conditions and effect of the
Agreement, (iii) you have had the Agreement in your possession since April 10,
2000 and have had ample opportunity to consider it, (iv) you are entering into
the Agreement voluntarily, and of your own free will, with the intention of
releasing all claims you may now or hereafter have with respect to AMF, (v) the
Agreement, including the Release, is in exchange for good and valuable
consideration that you agree is adequate and satisfactory for all purposes, and
(vi) that neither AMF nor any of its representatives or attorneys have made any
representations to you concerning the terms, conditions or effect of the
Agreement other than those contained herein. You also understand and have been
informed of all rights and protections under federal, state and local laws, and
in particular, the Civil Rights

                                       5

<PAGE>

Act of 1991, the Age Discrimination in Employment Act of 1967, as amended and
the Older Workers Benefit Protection Act of 1990.

          (b)  You acknowledge that you have been offered to take more than
twenty-one (21) days to consider the Agreement and that you have been advised
orally and by this letter to consult with an attorney prior to signing this
letter. You also acknowledge that you may revoke the Agreement for a period of
seven (7) days from the date you execute it (the "Revocation Period"). This
letter was executed by you on May 1, 2000. You may revoke the Agreement within
the Revocation Period by communicating your revocation in writing to AMF's Vice
President Human Resources at the following address: Alfonso N. Cornish, Vice
President, AMF Bowling, Inc., 8100 AMF Drive, Mechanicsville, Virginia 23111.

     16.  Special Release Notification. The Agreement includes a release of all
          ----------------------------
claims under the Age Discrimination in Employment Act ("ADEA"). Pursuant to the
requirements of the ADEA and the Older Workers Benefit Protection Act ("OWBPA"),
you acknowledge that you have been:

          (a)  advised that the Release includes, but is not limited to, all
claims under the ADEA and OWBPA arising up to and including the date of your
execution of this letter;

          (b)  advised to consult with an attorney and/or other advisor of your
choosing concerning your rights and obligations under the Release before
executing this letter;

          (c)  advised to consider fully the Release before executing this
letter; and

          (d)  offered ample time and opportunity, in excess of twenty-one (21)
days, to do so. You also acknowledge that the Agreement (including the Release)
will become effective and enforceable seven (7) days following execution of this
letter by you, during which seven (7) day period, you may revoke your acceptance
of the Agreement (including the Release) by delivering written notice to Alfonso
N. Cornish at the address shown above.

     16.  Effective Date. The Agreement (including the Release) will not become
          --------------
effective or enforceable until the first day of the Revocation Period, or May 8,
2000.

     Please confirm your intent to enter into, and be legally bound by, the
Agreement (including the Release) by signing and dating in the space provided
below. There are two originals. Please sign and return one to me.

                                       6
<PAGE>

          Sincerely,

          /s/ Alfonso N. Cornish

          Alfonso N. Cornish
          Vice President, Human Resources

          Agreed on May 1, 2000:

          /s/ John P. Watkins
          --------------------------
          John P. Watkins

                                       7
<PAGE>

            Date: April 10, 2000                                      [AMF LOGO]

--------------------------------------------------------------------------------
     MEMO
--------------------------------------------------------------------------------

          To: All AMF Employees                     From: Roland Smith
     Company: AMF Bowling, Inc.                  Company: AMF Bowling, Inc.
          Re: U.S. Bowling Centers                Copied:

================================================================================

     Message:

     Effective immediately, I am assuming direct responsibility for our U.S.
     Bowling Centers. John Watkins is leaving the Company, and the Region Vice
     Presidents will now report to me. I will be meeting with the RVP's and BCO
     staff this week to outline priorities and structure. Accompanying this memo
     is a press release that is being distributed to the media this morning.

     My primary goal in making this change is to accelerate our rate of
     progress. Over the past 15 months, we've improved our center operations,
     with positive center revenue growth of 2.5% in 1999 and 1.5% so far in
     2000. However, I'm not satisfied with the current rate of improvement. As
     you are probably aware, our BCO EBITDA plan gets more challenging as the
     year goes on, and to achieve this plan, I believe we must significantly
     accelerate our rate of progress.

     Over the last several months, I've talked a lot about our need to focus on
     priorities, results and attitude. In the first quarter, the Champions have
     made great progress on their projects and have provided us the tools
     necessary to improve operations and customer service. We must now all
     become Champions and quickly implement and execute these tools to improve
     our results.

     Please join me in thanking John for his contributions over the past 18
     months and wishing him well in the future.

<PAGE>

CONTACT: Merrell Wreden                                      Renee Antolik
         AMF Bowling, Inc.                                   AMF Bowling, Inc.
         804/569-8643                                        804/730-4402

            SENIOR MANAGEMENT CHANGE AT AMF'S U.S. BOWLING CENTERS

  Center Operations to Report Directly to Roland Smith, AMF President and CEO

Richmond, Virginia, April 11, 2000 - Effective immediately, AMF's U.S.
Bowling Centers will report directly to Roland Smith, the Company's President
and Chief Executive Officer. John Watkins, who had been President, U.S. Bowling
Centers, has left the Company.

     "We have aggressive operating and financial objectives to meet over the
next two years," said Smith. "This change will create a more intense focus on
achieving these goals. We've made progress over the last eighteen months in our
U.S. centers, but we need to accelerate the pace of improvement. John Watkins
made contributions to establishing a better operating foundation, and all of us
at AMF wish him well."

     Smith noted that the position of President, U.S. Bowling Centers, has been
eliminated and that the operating regions will now report directly to him. "The
key driver of our center operating model is our ability to deliver customer
service that exceeds customer expectations," he said. "I want to be closer to
both our centers and our customers to be sure that our entire organization feels
a sense of urgency in delivering our customer service promise."

     Roland Smith joined AMF a year ago from Triarc, Inc., where he was
President and CEO of Arby's. His prior experience includes executive operating
and marketing positions both at Arby's and PepsiCo's KFC division.

                                    (more)

<PAGE>

AMF/U.S. Bowling Centers                                                 Page 2.

     "Roland has significant operating experience in the very fast-paced,
competitive world of quick service restaurants," said Rich Friedman, Chairman of
AMF's Board of Directors and a Managing Director at Goldman, Sachs & Co. "I'm
pleased that he'll now bring that experience to bear more directly on U.S.
center operations."

     Smith added that he believes AMF has a great opportunity at hand: "There
are a lot of talented, hard-working people at our centers. I hope my direct
involvement will focus their efforts into turning higher operating standards
into better bottom-line results more quickly."

     As the largest bowling company in the world, AMF owns and operates 537
bowling centers throughout the world, with 414 centers in the U.S. and 123
centers in 10 other countries (including 15 joint venture centers in China,
Brazil and Argentina).

     AMF is also a leader in the manufacturing and marketing of bowling
products, directly or indirectly supplying over 10,000 bowling centers
worldwide.

                                     #####
<PAGE>

                                  EXHIBIT "B"

                                    [Date]

To Whom it May Concern:

     This letter concerns John Watkins, who was employed with AMF Bowling
Worldwide, Inc. from September 8, 1996 until April 21, 2000. During his
employment with AMF, John served as Executive Vice President and President US
Bowling Center Operations.

                                        Very truly yours,

                                        Alfonso N. Cornish
                                        Vice President, Human Resources

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