Document:

Exhibit 10.1

 

AMERICAN SHARED HOSPITAL SERVICES

 

WARRANT AMENDMENT AGREEMENT

  

This warrant amendment agreement, dated
as of December 5, 2014, (this “Amendment”), is entered into by and among American Hospital Services, a California
corporation (the “Company”), and Raymond C. Stachowiak, John F. Ruffle, Mert Ozyurek and David A. Larson, M.D.
(each an “Investor” and, collectively, the “Investors”);

 

WHEREAS, the Company entered into the Note
and Warrant Purchase Agreement between and among the Company and the Investors, dated as of October 22, 2014 (the “Purchase
Agreement”);

 

WHEREAS, the Company issued to the Investors
warrants pursuant to the Purchase Agreement (the “Original Warrant”);

 

WHEREAS, the Company desires to amend and
restate the Original Warrant issued pursuant to the Purchase Agreement by removing the text of and references to Section 7(b) to
comply with certain rules of the New York Stock Exchange MKT;

 

WHEREAS, the Company and the Investors agree
that all other terms of the Original Warrant (including its date of issuance, number of underlying shares, exercise price and other
anti-dilution protections) shall remain unchanged and in full force and effect;

 

NOW THEREFORE, in consideration of the premises
and of the mutual agreements herein contained, each Investor hereby agrees to deliver his Original Warrant to the Company for cancellation
and to accept in exchange an amended and restated warrant in the form of Exhibit A.

 

    	 

    	 

    

 

The parties have caused this Amendment to
be duly executed and delivered as of the date and year first written above.

 

	COMPANY:	 
	 	 
	AMERICAN SHARED HOSPITAL SERVICES	 
	 	 
	By:	/s/ Ernest A. Bates, M.D.	 
	 	 	 

 

    	 

    	 

    

 

INVESTORS:

 

	Raymond C. Stachowiak	 
	By:	/s/ Raymond C. Stachowiak	 

 

	John F. Ruffle	 
	By:	/s/ John F. Ruffle	 

 

	Mert Ozyurek	 
	By:	/s/ Mert Ozyurek	 

 

	David A. Larson, M.D.	 
	By:	/s/ David A. Larson, M.D.	 

 

    	 

    	 

    

 

Exhibit A

 

AMERICAN SHARED HOSPITAL SERVICES

AMENDED AND RESTATED

WARRANT FOR THE PURCHASE OF SHARES OF

COMMON STOCK OF AMERICAN SHARED HOSPITAL SERVICES

 

	No. ____	Warrant to Purchase

_________ Shares

 

THIS SECURITY HAS NOT BEEN REGISTERED
UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “ACT”) OR UNDER ANY STATE SECURITIES LAW. IT MAY NOT BE SOLD, OFFERED
FOR SALE, PLEDGED OR HYPOTHECATED EXCEPT PURSUANT TO THE PROVISIONS OF THE ACT AND APPLICABLE STATE SECURITIES LAWS OR AN OPINION
OF COUNSEL SATISFACTORY TO THE COMPANY THAT SUCH SALE, ASSIGNMENT, PLEDGE OR TRANSFER IS IN COMPLIANCE WITH AN AVAILABLE EXEMPTION
UNDER THE ACT AND APPLICABLE STATE SECURITIES LAWS.

 

This Warrant (“Amended Warrant”)
is issued pursuant to the terms of the Warrant Amendment Agreement dated as of December 5, 2014 among American Shared Hospital
Services (the “Company”) and the other parties thereto, and amends and restates the terms of the warrant issued
to [ ], his successor or permitted assigns (the “Holder”), on October 22, 2014 (the “Original Warrant”)
in connection with the Note and Warrant Purchase Agreement between and among the Company and Raymond C. Stachowiak, John F. Ruffle,
Mert Ozyurek and David A. Larson, M.D., dated as of October 22, 2014.

 

By accepting this Amended Warrant, the Holder
hereby (i) represents that the Original Warrant has not been transferred and (ii) surrenders to the Company for cancellation the
Original Warrant. The Holder and the Company hereby acknowledge and agree that upon the issuance of this Amended Warrant, all of
the Company’s obligations under such Original Warrant shall be discharged and released in full without any further action
on the part of the Company or the Holder.

 

FOR VALUE RECEIVED, AMERICAN SHARED HOSPITAL
SERVICES, a California corporation, hereby certifies that the Holder is entitled, subject to the provisions of this Warrant,
to purchase from the Company, at the times specified herein, [ ] fully paid and non-assessable shares of Common Stock of the Company,
no par value per share (the “Common Stock”), at a purchase price per share equal to the Exercise Price (as hereinafter
defined). The number of shares of Common Stock to be received upon the exercise of this Warrant and the price to be paid for a
share of Common Stock are subject to adjustment from time to time as hereinafter set forth.

 

1.                    Definitions.
a) The following terms, as used herein, have the following meanings:

 

“Affiliate” means, with
respect to any Person, any other Person directly or indirectly controlling, controlled by or under common control with such Person.
For the purpose of this definition, the term “control” (including, with correlative meanings, the terms “controlling”,
“controlled by” and “under common control with”), as used with respect to any Person, means
the possession, directly or indirectly, of the power to direct or cause the direction of the management and policies of such Person,
whether through the ownership of voting securities, by contract or otherwise.

 

“Aggregate Offering Price”
shall mean, calculated on a per share of Common Stock basis, (i) in respect of any Common Stock, the consideration received by
the Company for the issuance of such Common Stock and (ii) in respect of any convertible securities (as defined in paragraph ‎8(b)),
the sum of (A) the consideration received by the Company for the issuance of such convertible securities plus (B) the consideration
payable to the Company upon exercise, exchange or conversion in full of such convertible securities (excluding the forfeiture of
such convertible securities) for the issuance of the underlying shares of Common Stock.

 

“Board of Directors”
means the board of directors of the Company.

 

    	 

    	 

    

 

“Business Day” means
any day except a Saturday, Sunday or other day on which commercial banks in the City of New York are authorized by law to close.

 

“Current Market Price Per Common
Share” means, on any determination date, the average of the Daily Prices per share of Common Stock for the 20 consecutive
trading days immediately prior to such date. If, on any determination date, the shares of Common Stock are not traded on a national
securities exchange or quoted by any regulated quotation service, the Current Market Price Per Common Share shall be the fair market
value per share as determined in good faith by the Board.

 

“Daily Price” means (i)
if the shares of Common Stock are then listed and traded on a national securities exchange, the closing price on the applicable
day as reported by the principal national securities exchange on which such shares are listed and traded and (ii) if such shares
are not then listed and traded on a national securities exchange, the closing price on such day as quoted by any regulated quotation
service.

 

“Excluded Securities”
means shares of Common Stock issued or issuable (i) pursuant to the Company’s stock option plan or any similar employee compensation
plan of the Company that is approved by the Board of Directors, (ii) pursuant to the exercise of any convertible securities if
no adjustment was required pursuant to paragraph 7(b) at the time such convertible security was issued, (iii) pursuant to an underwritten
public offering and (iv) as consideration for or to fund the acquisition of any company, business or asset.

 

“Exercise Price” means
$2.20 per Warrant Share, as the same may be adjusted from time to time as provided in this Warrant.

 

“Expiration Time” means
5:00 p.m. New York City on October 22, 2017.

 

“Note and Warrant Purchase Agreement”
means the Note and Warrant Purchase Agreement dated as of the date hereof among the Company and the holders listed on the signature
pages thereto, as the same may be amended from time to time.

 

“Person” means an individual,
corporation, partnership, limited liability company, association, trust or other entity or organization, including a government
or political subdivision or an agency or instrumentality thereof.

 

“Warrant Shares” means
the shares of Common Stock deliverable upon exercise of this Warrant, as the same may be adjusted from time to time as provided
in this Warrant.

 

(b)          Capitalized
terms used but not defined in this Warrant shall have the meanings assigned to such terms in the Note and Warrant Purchase Agreement.

 

2.                         Exercise
of Warrant.

 

(a)          The
Holder is entitled to exercise this Warrant in whole or in part at any time, or from time to time, commencing on the first anniversary
of the Closing Date and ending at the Expiration Time. To exercise this Warrant, the Holder shall deliver to the Company i) an
executed Warrant Exercise Notice substantially in the form annexed to this Warrant, ii) this Warrant and iii) subject to paragraph
‎2(e), the applicable Exercise Price. Upon such delivery and payment, the Holder shall be deemed to be the holder of record
of the Warrant Shares subject to such exercise, notwithstanding that the stock transfer books of the Company shall then be closed
or that certificates representing such Warrant Shares shall not then be actually delivered to the Holder.

 

(b)          The
Exercise Price may be paid either by wire transfer of immediately available funds to an account designated by the Company or by
certified or official bank check or bank cashier’s check payable to the order of the Company. The Company shall pay any and
all documentary, stamp or similar issue or transfer taxes payable in respect of the issue or delivery of the Warrant Shares; provided
that the Company shall not be required to pay any taxes that may be payable in respect of any transfer involved in the issuance
and delivery of the Warrant Shares in a name other than that of the Holder.

 

    	2

    	 

    

 

(c)          If
the Holder exercises this Warrant in part, this Warrant shall be surrendered by the Holder to the Company and a new Warrant of
the same tenor and for the unexercised number of Warrant Shares registered in the name of the Holder shall be executed by the Company
as promptly as reasonably practicable.

 

(d)          Upon
surrender of this Warrant in conformity with the foregoing provisions, the Company shall transfer to the Holder appropriate evidence
of ownership of the shares of Common Stock or other securities or property (including any money) to which the Holder is entitled,
registered or otherwise placed in, or payable to the order of, the name or names of the Holder as may be directed in writing by
the Holder, and shall promptly deliver such evidence of ownership and any other securities or property (including any money) to
the Person or Persons entitled to receive the same, together with an amount in cash in lieu of any fraction of a share as provided
in paragraph ‎5 below.

 

(e)          In
lieu of making a cash payment of the Exercise Price to exercise this Warrant pursuant to paragraph ‎2(a) (but in all other
respects in accordance with the exercise procedure set forth in paragraph ‎2(a)), the Holder may elect to convert this Warrant
into shares of Common Stock, in which event the Company will issue to the Holder the number of shares of Common Stock equal to
the amount resulting from the following equation:

 

X = (A - B) x C where:

A

 

X =     the number of shares of
Common Stock issuable upon exercise pursuant to this paragraph ‎2(e);

 

A =     the Current Market Price
Per Common Share on the date on which the Holder delivers a Warrant Exercise Notice to the Company pursuant to paragraph ‎2(a);

 

B =     the Exercise Price; and

 

C =     the number of shares of
Common Stock as to which this Warrant is being exercised pursuant to paragraph ‎2(a).

 

If the foregoing calculation results in
zero or a negative number, then no shares of Common Stock shall be issued upon exercise pursuant to this paragraph ‎2(e).

 

3.                    Restrictive
Legend. Certificates representing shares of Common Stock issued pursuant to this Warrant shall bear a legend substantially
in the form of the legend set forth on the first page of this Warrant to the extent that and for so long as such legend is required
pursuant to applicable securities laws.

 

4.                    Reservation
of Shares. The Company hereby agrees that at all times there shall be reserved for issuance and delivery upon exercise of this
Warrant such number of its authorized but unissued shares of Common Stock or other securities of the Company from time to time
issuable upon exercise of this Warrant as will be sufficient to permit the exercise in full of this Warrant. All such shares shall
be duly authorized and, when issued upon such exercise, shall be validly issued, fully paid and non-assessable, free and clear
of all liens, security interests, charges and other encumbrances or restrictions on sale and free and clear of all preemptive rights,
in each case except restrictions on transfer contemplated by paragraph ‎3, to the extent set forth in the Note and Warrant
Purchase Agreement and to the extent created by the Holder.

 

5.                    Fractional
Shares. No fractional shares or scrip representing fractional shares shall be issued upon the exercise of this Warrant, and
in lieu of delivery of any such fractional share to which the Holder may be entitled upon any exercise of this Warrant, the Company
shall pay to the Holder an amount in cash equal to such fraction multiplied by the Current Market Price Per Common Share on the
Business Day immediately preceding the date on which the Holder delivers the Warrant Exercise Notice pursuant to paragraph ‎2(a).

 

6.                    Loss
or Destruction of Warrant. Upon receipt by the Company of evidence satisfactory to it (in the exercise of its reasonable discretion)
of the loss, theft, destruction or mutilation of this Warrant, and (in the case of loss, theft or destruction) of reasonably satisfactory
indemnification, and upon surrender and cancellation of this Warrant, if mutilated, the Company shall execute and deliver a new
Warrant of like tenor and date.

 

    	3

    	 

    

 

7.                         Anti-dilution
Provisions.

 

(a)          Common
Stock Dividends, Subdivisions or Combinations. If the Company shall at any time after the date hereof (A) declare and pay a
dividend or make a distribution on Common Stock payable in Common Stock, (B) subdivide or split the outstanding shares of Common
Stock into a greater number of shares or (C) combine or reclassify the outstanding shares of Common Stock into a smaller number
of shares, then in each such case:

 

(i)                         the
number of Warrant Shares issuable upon exercise of this Warrant thereafter shall be proportionately adjusted so that the exercise
of this Warrant after such event shall entitle the Holder to receive the aggregate number of shares of Common Stock that such Holder
would have been entitled to receive had such Holder exercised this Warrant immediately prior to such event; and

 

(ii)                         the
Exercise Price thereafter shall be adjusted to equal the product of the Exercise Price in effect immediately prior to such event
multiplied by a fraction (a) the numerator of which shall be the number of Warrant Shares issuable upon the exercise of this Warrant
immediately prior to such event and (b) the denominator of which shall be the number of Warrant Shares issuable upon the exercise
of this Warrant immediately following such event.

 

Any adjustment made pursuant to this paragraph
‎7(a) shall become effective immediately after the applicable record date in the case of a dividend or distribution and immediately
after the applicable effective date in the case of a subdivision, split, combination or reclassification.

 

(b)          [Reserved.]

 

(c)          Consolidation,
Merger or Sale of Assets. In the event of any consolidation of the Company with, or merger of the Company into, any other Person,
any merger of another Person into the Company (other than a merger which does not result in any reclassification, conversion, exchange
or cancellation of outstanding shares of Common Stock) or any sale or transfer of all or substantially all of the assets of the
Company to the Person formed by such consolidation or resulting from such merger, as the case may be, the Holder shall have the
right thereafter to exercise this Warrant for the kind and amount of securities, cash and/or other property receivable upon such
consolidation, merger, sale or transfer by a holder of the number of shares of Common Stock for which this Warrant may have been
exercised immediately prior to such consolidation, merger, sale or transfer. In determining the kind and amount of securities,
cash and/or other property receivable upon such consolidation, merger, sale or transfer, if the holders of Common Stock have the
right to elect as to the consideration to be received upon the consummation of such consolidation, merger, sale or transfer, then
the consideration that the Holder shall be entitled to receive upon exercise shall be deemed to be the kind and amount of consideration
received by the majority of all holders of Common Stock that affirmatively make an election (or of all such holders if none make
an election). Adjustments for events subsequent to the effective date of such a consolidation, merger, sale or transfer of assets
shall be as nearly equivalent as may be practicable to the adjustments provided for in this Warrant. In any such event, effective
provisions shall be made in the certificate or articles of incorporation of the resulting or surviving corporation, in any contract
of sale, merger, conveyance, lease, transfer or otherwise so that the provisions set forth herein for the protection of the rights
of the Holder shall thereafter continue to be applicable; and any such resulting or surviving corporation shall expressly assume
the obligation to deliver, upon exercise, such shares of stock, other securities, cash and property.

 

(d)          Certain
Determinations. For purposes of any computation of any adjustment required under this paragraph 7:

 

(i)                         adjustments
shall be made successively whenever any event giving rise to such an adjustment shall occur;

 

    	4

    	 

    

 

(ii)                         if
any portion of any consideration to be received by the Company in a transaction giving rise to such an adjustment shall be in a
form other than cash, the fair market value of such non-cash consideration shall be utilized in such computation. Such fair market
value shall be determined by the Board of Directors; provided that if the Holder shall object to any such determination,
the Board of Directors shall retain an independent appraiser reasonably satisfactory to the Holder to determine such fair market
value. The expense of such independent appraiser shall be shared equally by the Company and the Holder. The Holder shall be notified
promptly of any consideration other than cash to be received by the Company and furnished with a description of the consideration
and the fair market value thereof, as determined in accordance with the foregoing provisions;

 

(iii)                         such
calculations shall be made to the nearest one-tenth of a cent or to the nearest hundredth of a share, as the case may be; and

 

(iv)                         no
adjustment in the Exercise Price or the number of Warrant Shares issuable upon exercise of the Warrant, as the case may be, shall
be required if the amount of such adjustment would be less than one-tenth of a cent or hundredth of a share, as the case may be;
provided that any adjustments which by reason of this paragraph ‎7(e)(iv) are not required to be made shall be carried
forward and taken into account in any subsequent adjustment.

 

(e)          Certificates
as to Adjustments. Upon the occurrence of each adjustment to the Exercise Price and/or the number of Warrant Shares issuable
upon exercise of this Warrant, the Company shall promptly compute such adjustment in accordance with the terms hereof and furnish
to the Holder a certificate setting forth such adjustment and showing in reasonable detail the facts upon which such adjustment
is based.

 

(f)          Notices.
In the event that the Company shall propose at any time to effect any of the events described in paragraphs ‎(a) through ‎(e)
above that would result in an adjustment to the Exercise Price, the number of Warrant Shares issuable upon exercise of this Warrant
or a change in the type of securities or property to be delivered upon exercise of this Warrant, the Company shall send notice
to the Holder in the manner set forth in paragraph ‎8. In the case of a dividend or other distribution, such notice shall be
sent at least 10 days prior to the applicable record date and shall specify such record date and the date on which such dividend
or other distribution is to be made. In any other case, such notice shall be sent at least 15 days prior to the effective date
of any such event and shall specify such effective date. In all cases, such notice shall specify such event in reasonable detail,
including the effect on the Exercise Price and the number, kind or class of securities or other property issuable upon exercise
of this Warrant. Failure to furnish any certificate pursuant to paragraph 7(e) or to give any notice pursuant to this paragraph
7(f), or any defect in any such certificate or notice, shall not affect the legality or the validity of the adjustment of the Exercise
Price and/or the number of securities, cash and/or other property issuable upon exercise of this Warrant, or any transaction giving
rise thereto.

 

8.                         Notices.
Any notice, demand or delivery authorized by this Warrant shall be in writing and shall be given to the Holder or the Company,
as the case may be, at the respective addresses of the parties as set forth in the Note and Warrant Purchase Agreement, or such
other address (or facsimile number) as shall have been furnished to the party giving or making such notice, demand or delivery.
Each such notice, demand or delivery shall be deemed received on the date of receipt by the recipient thereof if received prior
to 5:00 p.m. in the place of receipt and such day is a Business Day. Otherwise, any such notice, demand or delivery shall be deemed
not to have been received until the next succeeding Business Day.

 

9.                         Rights of the Holder. Prior to any exercise
of this Warrant, the Holder shall not, by virtue hereof, be entitled to any rights of a shareholder of the Company, including,
without limitation, the right to vote, to receive dividends or other distributions, to exercise any preemptive right or to receive
any notice of meetings of shareholders or any notice of any proceedings of the Company except as may be specifically provided
for herein.

 

10.                       GOVERNING
LAW. THIS WARRANT AND ALL RIGHTS ARISING HEREUNDER SHALL BE CONSTRUED AND DETERMINED IN ACCORDANCE WITH THE INTERNAL LAWS
OF THE STATE OF CALIFORNIA, AND THE PERFORMANCE THEREOF SHALL BE GOVERNED AND ENFORCED IN ACCORDANCE WITH SUCH LAWS. 

 

    	5

    	 

    

 

11.         Amendments;
Waivers. Any provision of this Warrant may be amended or waived if, and only if, such amendment or waiver is in writing and
signed, in the case of an amendment, by the Holder and the Company, or in the case of a waiver, by the party against whom the waiver
is to be effective. No failure or delay by either party in exercising any right, power or privilege hereunder shall operate as
a waiver thereof nor shall any single or partial exercise thereof preclude any other or further exercise thereof or the exercise
of any other right, power or privilege. The rights and remedies herein provided shall be cumulative and not exclusive of any rights
or remedies provided by law.

 

    	6

    	 

    

 

IN WITNESS WHEREOF, the Company has duly
caused this Warrant to be signed by its duly authorized officer and to be dated as of October 22, 2014.

 

	 	AMERICAN SHARED HOSPITAL SERVICES
	 	 	 
	 	By:	 
	 	 	Name:
	 	 	Title:

 

Acknowledged and Agreed:

 

	[HOLDER]	 
	 	 	 
	By:	 	 
	 	Name:	 
	 	Title:	 

 

    	 

    	 

    

   

WARRANT EXERCISE NOTICE

 

(To be delivered prior to exercise of the
Warrant

by execution of the Warrant Exercise Subscription Form)

 

		To:	American Shared Hospital Services

 

The undersigned hereby notifies you of its
intention to exercise the Warrant to purchase shares of Common Stock, no par value, of American Shared Hospital Services. The undersigned
intends to exercise the Warrant to purchase ___________ shares (the “Warrant Shares”) at $______ per Warrant
Share (the Exercise Price currently in effect pursuant to the Warrant). As indicated below, the undersigned intends to pay the
aggregate Exercise Price for the Warrant Shares by wire transfer of immediately available funds or by certified or official bank
or bank cashier’s check or by reduction in the number of Warrant Shares that would otherwise be issued upon exercise pursuant
to paragraph ‎2(e) of the Warrant.

 

Date: _________________

 

	 	 
	 	(Signature of Owner)
	 	 
	 	 
	 	(Street Address)
	 	 
	 	 
	 	(City)	(State)	(Zip Code)

 

		Payment:	$_____________ wire transfer of immediately available funds

$_____________ certified or official bank or bank cashier’s check

Reduction in number of Warrant Shares

 

    	 

    	 

    

  

WARRANT EXERCISE SUBSCRIPTION FORM

 

(To be executed only upon exercise of the
Warrant

after delivery of Warrant Exercise Notice)

 

		To:	American Shared Hospital Services

 

The undersigned irrevocably exercises the
Warrant for the purchase of ___________ shares (the “Warrant Shares”) of Common Stock, no par value per share,
of American Shared Hospital Services (the “Company”) at $_____ per Warrant Share (the Exercise Price currently
in effect pursuant to the Warrant) and herewith makes payment of $___________ (such payment being made as specified in the undersigned’s
previously-delivered Warrant Exercise Notice), all on the terms and conditions specified in the within Warrant Certificate, surrenders
this Warrant Certificate and all right, title and interest therein to the Company and directs that the Warrant Shares deliverable
upon the exercise of this Warrant be registered or placed in the name and at the address specified below and delivered thereto.

 

Date: _________________

 

	 	 
	 	(Signature of Owner)
	 	 
	 	 
	 	(Street Address)
	 	 
	 	 
	 	(City)	(State)	(Zip Code)

 

    	 

    	 

    

  

Securities and/or check to be issued to:_________________________________________________________

 

Please insert social security or identifying number:________________________________________________

 

Name:__________________________________________________________________________________

 

Street Address:___________________________________________________________________________

 

City, State and Zip Code:____________________________________________________________________

 

Any unexercised portion of the Warrant evidenced by the within
Warrant to be issued to:

 

Please insert social security or identifying number:________________________________________________

 

Name:__________________________________________________________________________________

 

Street Address:___________________________________________________________________________

 

City, State and Zip Code:____________________________________________________________________EX-10.22

 Exhibit 10.22 

ELECTION FOR ADDITIONAL COMPENSATION AND RELEASE AGREEMENT 

I, Steven LaMonte, elect to receive additional compensation from Central Garden & Pet Company (the “Company”), under the terms below. I
understand that by signing this Election for Additional Compensation and Release Agreement (referred to as the “Agreement”), I will receive compensation and benefits from the Company above what is ordinarily offered to employees who
voluntarily resign or are terminated “for cause”. I understand that this Agreement shall become effective on the eighth day after it is signed by me, provided that it has not been previously revoked by me in a timely manner as set forth
in Section 8 below.  
 RECITALS 

The Company has offered to provide “Additional Compensation” as described below in return for the promises I make in this Agreement, and I have
decided to accept the terms of this Agreement. 
 TERMS OF ADDITIONAL COMPENSATION 

 

	1)	Consideration by the Company. As separate consideration for my waiver and release of claims as found in paragraph 3(a) of this agreement, provided I sign, return, and do not revoke this Election for Additional
Compensation and Release Agreement, within the applicable time frame, I will receive the following:  

  

	 	a)	Severance Pay. Following the termination of my engagement on April 1, 2014 as an advisor to the Company (and subject to Paragraph 3(c) below), I will receive severance/salary continuation payments for a
period of twelve (12) months of my base salary. These payments of $17,115.38 shall be made, less applicable withholdings and deductions, on a bi-weekly basis. The severance/salary continuance and benefits (except for 401(k) Plan) will run from
April 1, 2014 to March 31, 2015. 

  

	 	b)	Benefits Continuation. I understand that if I do not sign and return this Agreement, my active employee benefits (medical/dental) will cease on April 30, 2014. I understand that if I sign and return this
Agreement within the sixty (60) days Consideration Period, referenced in Section 7, then my active employee benefits will be reinstated for the total severance/salary continuance time frame of April 1, 2014 through March 31, 2015
and then cease on March 31, 2015. 

  

	 	c)	Outplacement. I will receive outplacement services provided through CMI International. I understand that I am expected to initiate the outplacement services within sixty (60) days of my employment
termination date of February 14, 2014. 

  

	 	d)	Option Vesting and Exercise. Options that have previously been granted to me as described on Exhibit A hereto will continue to vest through March 31, 2015 and any options which may have vested may be
exercised at any time prior to March 31, 2015 or within 30 days thereafter. No vesting of options will continue beyond March 31, 2015 and all options will expire if not exercised on or before April 30, 2015. 

	2)	Termination Benefits. I will receive the benefits described below: 

  

	 	a)	Vacation Payout. I have been paid for any earned, unused vacation benefits (18 days) to my effective termination date of April 1, 2014 . No further vacation benefits will accrue beyond April 1, 2014.

  

	 	b)	COBRA Coverage. I understand that I (or my covered dependents) are entitled to the continuation of health benefit coverage under the provisions of the Consolidated Omnibus Budget Reconciliation Act, 29
U.S.C.1161, et seq., regardless of whether I enter into this Agreement. Furthermore, I acknowledge that nothing herein affects my (or my covered dependent’s) eligibility for COBRA continuation coverage consistent with federal requirements upon
the termination of my Company provided medical/dental benefits. The Company-designated COBRA Administrator will provide further information about my COBRA rights after the termination of health benefits as provided herein. 

 

	 	c)	Conversion Options. If permitted by other Company plans in effect as of my Employment Termination Date, such as life insurance, I may elect to convert any other group insurance coverage to individual policies and
self pay for such coverage according to any individual conversion privileges contained in such Plans. 

  

	 	d)	401(k) Participation. Effective April 1, 2014, 2014, I understand that I am no longer eligible to participate in the Company’s 401(k) Plan and if actively participating will complete an “ING
Employee Data Change Request Form” to reflect this change in my participation eligiblity. I understand that I may withdraw all accrued and vested funds from the Plan, pursuant to the terms of distributions from the Plan. 

 

	 	e)	Unemployment Compensation. Although the Company does not make the determination, the Company expects that I may be eligible for unemployment compensation benefits. I acknowledge that it is my obligation to apply
for unemployment compensation, should I wish to do so. 

  

	 	f)	References. Should the Company receive requests for references from my prospective employers, the Company will limit its response to the dates of my employment, job duties or any other information that may be
generally known to others, unless I provide a written release to the Company authorizing them to provide more detailed information. 

  

	3)	Consideration by Employee. In exchange for the additional consideration provided by the Company above in Section 1(a) and (b), I agree and promise as follows: 

 

	 	a)	 Complete Release of Claims. I agree (except as indicated in the final paragraph of this Section) for myself and my heirs, representatives,
executors, and successors, to forever and fully waive, release and discharge the Company, its subsidiaries and affiliated concerns, and all of their respective owners, officers, directors, trustees, agents, employees, employee’s spouses,
insurers, either past or present, and all of their successors, agents or assigns (collectively “Releasees,” who I expressly agree are third-party beneficiaries of this Agreement), from any and all claims and damages of every kind and
nature, known and unknown, which exist or can arise out of my employment and/or termination of employment with the Company, through and including the date of my signing of this Agreement. This release includes, but is not limited to, all contract
(express or implied) and tort claims of all kinds and nature, as well as 

  
 2 

	 	
any rights or claims arising under the California Constitution; California statutory and common law (including contract law, employment law and tort law); the California Fair Employment and
Housing Act; Title VII of the Civil Rights Act of 1964; the Age Discrimination in Employment Act, the Americans with Disabilities Act; and any other federal, state, or local law (be it statutory law, common law or decisional law), ordinance or
regulation; as well as the public policies set forth in any of the above. 

 Notwithstanding the release of claims otherwise
provided for in the paragraph immediately above, it is expressly understood that nothing in this Agreement will prevent me from filing a charge of discrimination with the Equal Employment Opportunity Commission or any of its state or local deferral
agencies, or participating in any investigation by the Equal Employment Opportunity Commission or any of its state or local deferral agencies, although I understand and agree that by signing this Agreement I hereby waive the right to recover any
damages or to receive other monetary relief in any claim brought by or through the Equal Employment Opportunity Commission or any other state or local agency on my behalf. Further, I also expressly understand that nothing in this Agreement shall be
construed to be a waiver by me of any benefit that vested in any benefit plan prior to my Termination Date or as a waiver of my right to continue any benefit in accordance with the terms of a benefit plan. Likewise, I understand that nothing in this
Agreement shall be construed to waive any right that is not subject to waiver by private agreement, including any right that I may have under California Labor Code Section 2802 to indemnification of any employee expenses or losses incurred in
discharging my employment duties. Finally, I also expressly understand that nothing in this Agreement shall be construed to prohibit me from bringing any complaint, claim or action seeking to challenge the validity of this Agreement and/or alleging
a breach of this Agreement by the Company. 
 I further agree and acknowledge that the release provided by this Agreement shall apply to all
unknown and unanticipated injuries and/or damages (as well as those now disclosed). I acknowledge and understand that Section 1542 of the Civil Code of the State of California provides as follows: 

“A general release does not extend to claims which the creditor does not know or suspect to exist in his or her favor at the time of
executing the release, which if known by him or her must have materially affected his or her settlement with the debtor”. 
 Being aware
of this Section, I hereby expressly waive the provisions of such Section and any other similar provisions of law that may be applicable. 
  

	 	b)	 Confidential and Proprietary Information. I acknowledge that in the course of my employment by the Company, I acquired or developed
confidential or proprietary information not generally known to the public (collectively “Confidential Information”), which could include, by way of example, information concerning the Company’s business, technology, sales,
distributors, customers and prospective customers, production methods and pricing. I agree that this Confidential Information belongs to and is the Company’s property. I acknowledge that the use, misappropriation or disclosure of the
Confidential Information by or for a person or entity other than the Company would constitute a breach of trust and could cause irreparable injury to the Company. I further acknowledge that it is essential to the protection of the Company’s
competitive position that the Company’s Confidential Information be kept secret and that it 

  
 3 

	 	
not be used for my own advantage or the advantage of others. I agree that upon termination of my employment: a) I will return all Company materials which may contain Confidential Information; b)
I will not retain any copies or derivatives of any such materials; and c) I will not use or disclose Confidential Information after my separation of employment with the Company. 

 

	 	c)	I acknowledge that partial consideration for the salary continuation/severance benefit payouts for the period November 22, 2014 through March 31, 2015 (the “Extended Severance Period”) is the
agreement to provide consulting services through March 31, 2015 as provided in Exhibit C hereto. 

  

	4)	Consultation with Legal Counsel. I have carefully read all of the provisions of this Agreement. I further acknowledge that the Company has encouraged and is by this Agreement advising me to review and discuss all
aspects of this Agreement with legal counsel and that I have taken advantage of that opportunity to the full extent that I deem appropriate. 

  

	5)	Waiver of Rights Under ADEA. I understand that by signing this Agreement, I am expressly waiving all rights or claims against the parties being released arising under the Age Discrimination in Employment Act of
1967 (the “ADEA”), except that I also understand that I am not waiving any rights or claims under the ADEA that may arise after the date this Agreement is signed by me. I also acknowledge that the waiver of my rights or claims arising
under the ADEA is in exchange for consideration payable to me under this Agreement that is substantially above and beyond that which I would otherwise be entitled to receive except for this Agreement. 

 

	6)	Voluntary Election. I understand and acknowledge the significance and consequences of this Agreement, that it is voluntary, that it has not been given as a result of any coercion, and expressly confirm that it is
to be given full force and effect according to all of its terms, including those relating to unknown claims. 

  

	7)	Consideration Period. I acknowledge that I have been given forty-five (45) days in which to consider this Agreement. I further understand that I may voluntarily choose to waive this forty-five (45) day
period by signing this Agreement in less time, and that my signature below in less than forty-five (45) days will indicate my agreement to have this period voluntarily waived. 

 

	8)	Revocation Period. I understand that this Agreement will not be effective for seven (7) days after it is signed by the Company and me, and that I can revoke my election at any time during that seven
(7) day period by providing written notice of that revocation to the Company. I understand that if I choose to exercise my right to revoke, this Agreement shall become null and void and of no force or effect, and all rights and obligations of
the parties under this Agreement shall be canceled and voided. 

  

	9)	Other Employment. I understand that severance benefits/salary continuation paid through November 21, 2014 will not be reduced by any compensation I earn if I am offered and accept another employment or
consulting opportunity during the period that any such benefits are provided so long as such opportunity is consistent with the limitations of the Agreement to Protect Confidential Information, Intellectual Property and Business Relationships
attached hereto as Exhibit B. Severance benefits/salary continuation paid after November 21, 2014 will be reduced by any compensation I earn as an employee or consultant between November 22, 2014 and March 31, 2015 provided, however,
that no compensation received from third parties during this period may be offset against or require a repayment of severance paid prior to November 21, 2014. No reduction of severance/salary continuation shall occur as a result of any payments
received by me from the Company pursuant to my Post-Employment Consulting Agreement attached as Exhibit C hereto. 

  
 4 

	10)	Responsibility and Confidentiality of the Release Agreement. I agree that I will not disclose the facts, terms or amounts recited in this Release Agreement to anyone other than a member of my immediate family or
legal counsel, accountants and tax advisors, and even as to such person, only if this person is informed of and agrees to honor the confidentiality of this Agreement. I further agree to avoid making any oral or written statements of a derogatory or
disparaging nature which would cause the Company any embarrassment or humiliation, which would cause the Company to be held in disrepute by the general public or employees, or which is damaging to or otherwise contrary to the Company’s best
interests. However, nothing in this Agreement shall preclude me from making truthful statements or disclosures that are required by applicable law, regulation or legal process. 

 

	11)	Company Property. I understand that all company property is to be returned on my Employment Termination Date. I understand that this Agreement will become null and void if I do not return all company property in
my possession or if the company property returned is damaged, altered or destroyed. 

  

	12)	Successors. This Agreement shall be binding upon the parties, and their heirs, representatives, executors, administrators, successors and assigns, and shall inure to the benefit of each and all of the Releasees,
and to their heirs, representatives, executors, administrators, successors and assigns. 

  

	13)	General Provisions. 

  

	 	a)	This Agreement is made and entered into in the State of California and shall in all respects be interpreted, enforced and governed under the laws of that State. The separate provisions of this Agreement shall be
construed as a whole and according to their fair meaning, and not strictly for or against either party. 

  

	 	b)	If any of the provisions of this Agreement are determined by a Court of Law to be illegal or invalid, the remaining provisions shall not be affected thereby, and the illegal or invalid provision shall be deemed not to
be a part of this Agreement. However, I understand that if the “Complete Release of Claims” section is held to be illegal or unenforceable in any respect, the Company may elect to rescind this Agreement and demand reimbursement of all
compensation paid to me pursuant to the Agreement. 

  

	 	c)	This Agreement represents and contains the entire understanding between the Company and me in connection with my separation from the Company. I acknowledge that I have not signed this Agreement in reliance on any
promise, representation, or statement not contained herein. 

  

	14)	Non-Admission of Liability. This Agreement shall not be construed in any way as an admission by the Company of any liability or wrongdoing whatsoever. Likewise, this Agreement shall not be construed in any way as
an admission by me of any misconduct or impropriety. 

  
 5 

 PLEASE READ CAREFULLY. THIS AGREEMENT INCLUDES A RELEASE OF ALL KNOWN OR UNKNOWN CLAIMS. 

 

									
	Dated: 	 	4/11/14	 		 	Accepted: 	 	    /s/ Steven LaMonte
		 		 		 		 	    Steven LaMonte

  

									
	Dated: 	 	4/23/14	 		 	Accepted: 	 	    /s/ William E. Brown
		 		 		 		 	    William E. Brown
		 		 		 		 	    Chairman
		 		 		 		 	    On behalf of Central Garden & Pet Company

  
 6 

 EXHIBIT A 

CENTA-Central Garden & Pet Corp. 

Grant Detail Report 
 From
    /     /     to     /     /      

As of 3/13/2014 
  

																																			
	 Steve LaMonte

President Garden Group
 Atlanta Office

Participant ID: 073486814
	 
												
	 Grant

Date
	 	 Grant ID
	  	Expiration
Date	  	Plan ID	 	  	 	  	Grant Type	  	 	  	Granted/Original
Target	 	  	Grant Price	 	  	Outstanding	 	  	Vested	 	  	Exercisable	 
	 05/07/2012
	 	0000000001585	  	03/26/2018	  	 	0302	  	  		  	NQ	  		  	 	80,000	  	  	$	9,540000	  	  	 	80,000	  	  	 	20,000	  	  	 	20,000	  
	 Becoming Exercisable
	 		  		  				  		  		  		  				  				  				  				  			
	 20,000 on 03/26/2014
	  	20,000 on 03/26/2015	  				  		  	20,000 on 03/26/2016	  		  				  				  				  				  			
	 08/12/2013
	 	0000000001653	  	03/31/2019	  	 	0302	  	  		  	NQ	  		  	 	70,000	  	  	$	6,430000	  	  	 	70,000	  	  	 	0	  	  	 	0	  
	 Becoming Exercisable
	 		  		  				  		  		  		  				  				  				  				  			
	 17,500 on 03/31/2014
	  	17,500 on 03/31/2015	  				  	17,500 on 03/31/2016	  	17,500 on 03/31/2017	  	  				  				  				  			
	 Participant Totals
	 		  		  				  		  		  		  	 	190,000	  	  				  	 	190,000	  	  	 	20,000	  	  	 	20,000	  

  
 7 

 EXHIBIT B 

AGREEMENT TO PROTECT CONFIDENTIAL INFORMATION, INTELLECTUAL 

PROPERTY AND BUSINESS RELATIONSHIPS 

This Agreement is made this      day April, 2014 (the “Effective Date”) by and between Central Garden & Pet
Company and/or any of its wholly owned subsidiaries, successors and assigns (collectively called “the Company”) and Steven R. LaMonte (“Executive,” “I” or “Me”). 

I RECOGNIZE that during my employment as a key executive with Central Garden & Pet Company and/or any of its wholly owned subsidiaries, successors
and assigns (collectively called “the Company”), I have had and will continue to have access to Confidential Information (as defined below) and valuable business relationships; 

I RECOGNIZE that my employment in certain capacities with a competitor could involve the use or disclosure of Company Confidential Information; 

I RECOGNIZE that the Company’s Confidential Information and business relationships are critical to its success in the marketplace. The Company operates
on a nationwide-basis, and therefore, the Company’s commitment to protecting its Confidential Information and business relationships is nationwide; 

I RECOGNIZE that the law regarding restrictive covenants varies from state to state and the law that will apply to this Agreement after I terminate will
depend on factors such as where I live, where I work, the location of my employer, the location of my former employer and other factors, many which are unknown at this time; 

THEREFORE, in consideration for the compensation provided to me, to prevent the use or disclosure of Company Confidential Information, and to protect the
valuable business relationships of the Company, I agree to the following: 
 1. Definitions. 

(a) Confidential Information. For purposes of this Agreement, “Confidential Information” shall mean any information,
including third-party information, provided to the Company in confidence, regarding the Company, its business, its plans, its customers, its contracts, its suppliers, or its strategies, that is not generally known and provides the Company with an
actual or potential competitive advantage over those who do not know it. Confidential Information includes, but is not limited to, all such information I learned or developed during any previous employment with the Company or its predecessors in
interest and all of the Company’s confidential, proprietary and trade secret information, which may include information and strategies relating to the Company’s products, processes and services, including customer lists and files, product
description and pricing, information and strategy regarding profits, costs, marketing, purchasing, sales, customers, suppliers, contract terms, employees, salaries, product development plans, business, acquisition and financial plans and forecasts,
and marketing and sales plans and forecasts. I acknowledge that requiring me to enter into this Agreement is one of the measures that the Company uses to maintain the secrecy of its Confidential Information. 

Relevant Territory. For purposes of this Agreement, “Relevant Territory” shall mean any territory or region in which I
performed services on behalf of the Company or about which I learned Confidential Information regarding the Company during the two (2) years prior to my separation from the Company for any reason. 

(b) Services. For purposes of this Agreement, “Services” shall mean the same or similar activities in which I engaged during
the two (2) years prior to my separation from the Company for any reason. 

  
 8 

 2. Confidentiality. I agree that I will not, during my employment with the Company (except
in furtherance of the Company’s interests), or at any time after employment terminates, without the prior written consent of the Company Vice President of Human Resources, disclose any Confidential Information to or use any Confidential
Information for, any third party or entity. This restriction prohibits me from, among other activities, engaging in or preparing to engage in developing, producing, marketing, distributing or selling lawn, garden, animal health, animal nutrition or
pet related products for any business entity if that activity in any way involves the use or disclosure of Company Confidential Information and diverting or attempting to divert any business or customers from the Company using Confidential
Information. To the extent that any Confidential Information is determined by a court of competent jurisdiction to be confidential information rather than a trade secret under applicable law, the prohibition on use and disclosure of that specific
information shall be in effect for a period of three years after the termination of my employment with the Company; otherwise the prohibition shall last until the information ceases to be a trade secret (other than through any breach of secrecy by
me or other third parties under a duty of secrecy to the Company). In the event that after my employment with the Company ceases, if I have any doubt about whether particular information may be used of disclosed, I will contact the Company Vice
President of Human Resources. 
 3. Post-Employment Activities. 

(a) Non-Competition. For twenty-four (24) months after the termination of my employment with the Company, I will not render
executive, managerial, market research, advice or consulting services, either directly or indirectly, to any business engaged in or about to be engaged in developing, producing, marketing, distributing or selling lawn, garden, pest control, outdoor
décor, bird feed, bird feeders or related products or which would otherwise conflict with my obligations to the Company This paragraph shall only apply in those jurisdictions where restrictions such as contained in this paragraph are
enforceable. 
 (b) Non-Solicitation of Customers. For twenty-four (24) months after the termination of my employment with the
Company, I will not solicit directly or indirectly, on behalf of any business entity regarding those product lines described in paragraph (a) of this section, any customer I solicited or serviced, or any customer about whom I learned
Confidential Information, while in the employ or service of the Company. This paragraph shall apply in those jurisdictions where restrictions such as contained in this paragraph are enforceable. 

(c) Non-Solicitation of Employees. For twenty-four (24) months after the termination of my employment with the Company, I will not
recruit, solicit or induce, or attempt to recruit, solicit or induce, any employee of the Company to terminate their employment with the Company or otherwise cease their relationship with the Company. 

(d) Duty to Present Contract. For twenty-four (24) months after the termination of my employment with the Company, before I accept
employment with any person or organization that is engaged in or about to be engaged in developing, producing, marketing, distributing or selling lawn, garden, pest control, outdoor décor, bird feed, bird feeder or related products, I agree
(1) to advise that prospective employer about the existence of this Agreement; (2) to provide that potential employer a copy of this Agreement; and (3) to advise the Company’s Vice President of Human Resources in writing, within
five (5) business days, to whom I have provided a copy of this Agreement. 
 4. Reformation/Severability. If any restriction set
forth in this Agreement is found by a court to be unenforceable for any reason, the court is empowered and directed to interpret the restriction to extend only so broadly as to be enforceable in that jurisdiction. Additionally, should any of the
provisions of this Agreement be determined to be invalid by a court of competent jurisdiction, it is agreed that such determination shall not affect the enforceability of the other provisions herein. 

  
 9 

 5. Further Acknowledgments. I understand that the restrictions contained in this Agreement
are necessary and reasonable for the protection of the Company’s business, goodwill and its Confidential Information. I understand that any breach of this Agreement will cause the Company substantial and irrevocable damage and therefore, in the
event of any such breach, in addition to such other remedies which may be available, including the return of consideration paid for this Agreement, I agree that the Company shall have the right to seek specific performance and injunctive relief.
Further, I understand that the Company intends to install the full measure of protections permitted by the law to protect its Confidential Information and business relationships, but does not intend to impose any greater protections on me than those
permitted by law. I acknowledge that the law that governs restrictive covenants such as this, is important, rapidly changing and varies from state to state. I also understand that the law that will apply to this Agreement after I terminate will
depend on factors such as where I live, where I work, the location of my employer, the location of my former employer and other factors, many which are unknown at the time I enter this Agreement. I understand that I have been advised to consult with
an attorney of my choice to discuss this agreement and my legal obligations under this agreement after my termination of employment. I understand that Paragraphs 3(a) and 3(b) do not apply and will not be enforced in California or other states
where restrictions such as contained in those paragraphs are not permitted.  
 6. Separability. Courts should treat each
numbered paragraph as a separate and severable contractual obligation intended to protect the legitimate interests of the Company and to which I intend to be bound. 

7. Non Waiver. I agree that the Company’s determination not to enforce this or similar agreements as to specific violations shall
not operate as a waiver or release of my obligations under this Agreement. 
 8. Fiduciary Duty. This Agreement is in addition to any
fiduciary duty and obligation that may exist under statutory or common law. 
 9. Entire Agreement. This Agreement constitutes the
entire understanding of the parties on the subjects covered. It cannot be modified or waived except in a writing signed by me and the Chief Executive Officer of the Company. I enter into this Agreement voluntarily. 

  
 10 

	
	AGREED AND ACCEPTED BY:
	
	 /s/ Steven R. LaMonte

	Steven R. LaMonte

	
	
	 /s/ William E. Brown

	William E. Brown
	Chairman
	Central Garden & Pet Company

  
 11 

 EXHIBIT C 

POST EMPLOYMENT CONSULTING AGREEMENT 

This Agreement is made this              day of April, 2014 (the “Effective
Date”) by and between Central Garden & Pet Company and/or any of its wholly owned subsidiaries, successors and assigns (collectively called “the Company”) and Steven R. LaMonte (Executive”). 

WHEREAS, Executive recognizes that in his capacity as a key executive with the Company he will provide unique services that will be exceedingly difficult to
replace after termination of his employment; 
 WHEREAS, Executive recognizes that the Company desires continued access to Executive’s unique services,
knowledge and a reasonable transition after the termination of Executive’s employment; 
 WHEREAS, Executive recognizes that he has been provided
adequate consideration for entering into this Consulting Agreement (“Agreement”); 
 THEREFORE, in consideration of the employment of Executive as
president of the Company’s Garden Division and other good and adequate consideration, Executive and the Company agree to the following: 

1. Consulting Services. Executive will provide continuing strategic advice and counsel related to the business issues and projects
Executive was involved in while employed by the Company (“Consulting Services”). Consulting Services shall performed at such times and in a manner as are mutually agreed. 

2. Term of Agreement. Executive will provide Consulting Services effective upon Exercise by the Company and continuing thereafter for a
period of twenty-four (24) months (“Term of Agreement”). 
 3. Compensation and Commitment.  

a) Initial Period. During the period April 1, 2014 through March 31, 2015 (“Initial Period”), Executive shall be
prepared to devote an average of up to sixteen (16) hours per month to Consulting Services hereunder. As consideration for such Consulting Services during such Initial Period, all options granted to Executive prior to February 14, 2014
shall continue to vest during said Initial Period and the deadline for exercising any of such vested options shall be extended until April 30, 2015. As further consideration, Executive shall receive extended salary continuation/severance
benefits for the period November 21, 2014 through March 31, 2015 subject to the terms and limitations of the Election for Additional Compensation and Release Agreement. 

b) Second Period. During the period April 1, 2015 through March 31, 2016 (“Second Period”), Executive shall be
prepared to devote, on average, 20 to 30 hours per month to Consulting Services hereunder and shall be paid a total of Sixty-Six Thousand Seven Hundred and Fifty Dollars ($66,750). This amount shall be paid one-twelfth (1/12) at the end of each
month of the Second Period for twelve (12) months. 
 4. Expenses. During the Term of Agreement, Executive will be reimbursed by
the Company for all expenses necessarily incurred in the performance of this Agreement. 

  
 12 

 5. Termination. Notwithstanding the Term of Agreement specified above, this Agreement
shall terminate under any of the following circumstances: (a) in the event Executive dies, this Agreement shall terminate immediately; (b) if due to physical or mental disability, Executive is unable to perform the services called for
under this Agreement with or without reasonable accommodation, either the Company or Executive may terminate this Agreement by providing thirty (30) days’ written notice; (c) the Executive materially breaches the terms of this
Agreement, and (d) the parties may terminate this Agreement by mutual written agreement. 
 6. Unique Services; Duty of Loyalty.
Executive acknowledges and agrees that the services he performs under this Agreement are of a special, unique, unusual, extraordinary, or intellectual character, which have a peculiar value, the loss of which cannot be reasonably or adequately
compensated in damages in an action at law. Executive further acknowledges and agrees that during his employment and during the Term of Agreement he will have a continuing fiduciary duty and duty of loyalty to the Company. He agrees that during the
Term of Agreement, he will not render executive, managerial, market research, advice or consulting services, either directly or indirectly, to any business engaged in or about to be engaged in developing, producing, marketing, distributing or
selling lawn, garden, pest control, outdoor décor, bird feed, bird feeders, or related products or which would otherwise conflict with his obligations to the Company. 

7. Confidential Information or Materials. During the Term of Agreement, Executive will have access to the Company’s confidential,
proprietary and trade secret information including but not limited to information and strategy regarding the Company’s products and services including customer lists and files, product description and pricing, information and strategy regarding
profits, costs, marketing, purchasing, sales, customers, suppliers, contract terms, employees, salaries; product development plans; business, acquisition and financial plans and forecasts and marketing and sales plans and forecasts (collectively
called “Company Confidential Information”). Executive will not, during the Term of Agreement or thereafter, directly or indirectly disclose to any other person or entity, or use for Executive’s own benefit or for the benefit of others
besides Company, any Company Confidential Information. Upon termination of this Agreement, Executive agrees to promptly return all Company Confidential Information. 

8. Remedies. Executive understands and acknowledges that Company’s remedies at law for any material breach of this Agreement by
Executive are inadequate and that any such breach will cause the Company substantial and irrevocable damage and therefore, in the event of any such breach, in addition to such other remedies which may be available, including the return of
consideration paid for this Agreement, Executive agrees that the Company shall have the right to seek specific performance and injunctive relief. It is also expressly agreed that, in the event of such a breach, Company shall also be entitled to
recover all of its costs and expenses (including attorneys’ fees) incurred in enforcing its rights hereunder. 
 9. Independent
Contractor Status. For all purposes, during the Term of Agreement, Executive shall be deemed to be an independent contractor, and not an employee or agent of the Company. Accordingly, Executive shall not be entitled to any rights or benefits to
which any employee of Company may be entitled. 
 10. Other Employment. Nothing in this Agreement shall prevent Executive from
performing services for other employers or business entities, consistent with the terms of this Agreement, during the Term of Agreement. 

11. Intellectual Property Rights. Company shall have sole ownership of and all right, title and interest, to all data, drawings,
designs, analyses, graphs, reports, products, tooling, physical property, computer programs, software code, trade secrets and all inventions, discoveries and improvements or other items or concepts, whether patentable or not, (collectively,
“Intellectual Property”) which are conceived or reduced to 

  
 13 

 
practice during the Term of Agreement and arising out of or relating to the services performed hereunder or using the equipment or resources of the Company. To the extent any such Intellectual
Property qualifies as a “work for hire” under the United States Copyright Act (17 U.S.C. Sec. 101), Executive agrees that the Company is the author for copyright purposes. To the extent that any Intellectual Property is not a work for
hire, Executive agrees to assign, and hereby does assign, its entire right, title and interest in such Intellectual Property, including the right to sue for past infringements. 

12. No Authority to Bind Company. During the Term of Agreement, Executive will not have any authority to commit or bind Company to any
contractual or financial obligations without the Company’s prior written consent. 
 13. Assignment. This is a personal services
agreement and Executive may not assign this Agreement, or any interest herein, without the prior written consent of the Company. 
 14.
Entire Agreement. This Agreement constitutes the entire understanding of the parties on the subjects covered. It cannot be modified or waived except in a writing signed by both parties. 

15. Agreement Enforceable to Full Extent Possible. If any restriction set forth in this Agreement is found by a court to be
unenforceable for any reason, the court is empowered and directed to interpret the restriction to extend only so broadly as to be enforceable in that jurisdiction. Additionally, should any of the provisions of this Agreement be determined to be
invalid by a court of competent jurisdiction, it is agreed that such determination shall not affect the enforceability of the other provisions herein. 

16. The parties agree to all of the terms and conditions set forth above. 

 

									
	Dated: 	 	4/11/14	 		 		 	/s/ Steven LaMonte
		 		 		 		 	Steven R. LaMonte

  

									
		 		 	Central Garden & Pet Company
					
	Dated: 	 	4/23/14	 		 		 	/s/ William E. Brown
		 		 		 		 	William E. Brown
		 		 		 		 	Chairman

  
 14

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00238-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00238-of-00352.parquet"}]]