Document:

Amended and Restated Weight Watchers Executive Profit Sharing Plan

 Exhibit 10.33 
 AMENDED AND RESTATED 
 WEIGHT WATCHERS 
 EXECUTIVE PROFIT SHARING PLAN 
 Effective as of January 1, 2005

 Article I 
 Introduction 
  

	1.01 	Name. This Plan shall be known as the Amended and Restated Weight Watchers Executive Profit Sharing Plan (the “Plan”). 

  

	1.02 	Purpose. The purpose of the Plan is to provide a replacement retirement benefit for certain senior manager level employees who are not eligible to receive a profit-sharing
contribution under the Weight Watchers Savings Plan (the “Qualified Plan”) but are otherwise eligible to participate under the 401(k) feature of the Qualified Plan. 

  

	1.03 	Unfunded Plan. The Plan is intended to be an unfunded plan for purposes of the Employee Retirement Income Security Act of 1974, as amended, and maintained primarily for the
purpose of providing deferred compensation for a select group of management or highly compensated employees. 

 Article II

 Definitions 
 The following
capitalized terms used in the Plan shall have the respective meanings set forth in this Article: 
  

	2.01 	Board. “Board” means the Board of Directors of the Company or the Executive Committee of such Board. 

  

	2.02 	Code. “Code” means the Internal Revenue Code of 1986, as amended from time to time. 

  

	2.03 	Committee. “Committee” means the committee appointed by the Board (or its delegate including the Compensation Committee of the Board) or such other committee or
board as the Board may subsequently designate as being responsible for the general administration of the Plan. 

  

	2.04 	Company. “Company” means the Weight Watchers International or any successor entity thereto, including without limitation, the transferee of all or substantially all
of the stock or assets of the Company. Effective October 3, 1999, Weight Watchers North America, Inc. (including any wholly owned domestic subsidiaries) and W/W TwentyFirst Corporation (including any wholly owned domestic subsidiaries) were
added as Companies under the Plan, and their employees who met the membership requirements of Section 4.01 became Members of this Plan. Effective January 1, 2006, WeightWatchers.com Inc. (including any wholly owned domestic subsidiaries)
is added as a Company under the Plan and its employees who meet the membership requirements of Section 4.01 shall be Members of this Plan. 

  

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	2.05 	Disability. “Disability” means that the Member is by reason of a medically determinable physical or mental impairment that can be expected to result in death or can
be expected to last for a continuous period of not less than 12 months (A) unable to engage in any substantial gainful activity, or (B) receiving income replacement benefits for a period of not less than 3 months under the Company’s
long-term disability (or similar) insurance plan. 

  

	2.06 	Member. “Member” means any individual who is eligible to participate in the Plan as provided in Section 4.01 hereof. 

  

	2.07 	Profit Sharing Account. “Profit Sharing Account” means the notional account established and maintained for each Member in accordance with Article IV hereof, for
bookkeeping purposes only, to measure the value of Profit Sharing Contributions made under the Plan and the earnings thereon. Amounts credited to the Profit Sharing Account shall be in dollars and cents. 

  

	2.08 	Profit Sharing Contribution. “Profit Sharing Contribution” means the notional contribution made under the Plan pursuant to Section 4.02 hereof to each
Member’s Profit Sharing Account. 

  

	2.09 	Qualified Plan Contribution. “Qualified Plan Contribution” means the “Monthly Profit Sharing Contribution” that is made on behalf of a participant
of the Qualified Plan under Section 4.01(a) thereof, plus the “Supplemental Profit Sharing Contribution” that the Company makes on behalf a participant of the Qualified Plan under Section 4.01(b) thereof.

  

	2.10 	Qualified Plan Contribution Limits. “Qualified Plan Contribution Limits” means (a) the maximum compensation of a Member that may be recognized under the
Qualified Plan pursuant to Section 401(a)(17) of the Code, (b) the limitations on annual contributions under the Qualified Plan pursuant to Section 415 of the Code, and (c) the contributions that exceed the applicable limitations
of Section 401(a)(4) of the Code. 

  

	2.11 	Unforeseeable Emergency. “Unforeseeable Emergency” means a severe financial hardship of the Member resulting from an illness or accident of the Member, the
Member’s spouse, or the Member’s dependent (as defined in Section 152(a) of the Code), loss of the Member’s property due to casualty, or other similar and unforeseeable circumstances arising as a result of events beyond the
control of the Member. In all events, whether an Unforeseeable Emergency has occurred shall be determined pursuant to Section 409A of the Code. 

 Article III 
 Administration 
  

	3.01 	Committee. Except as otherwise provided in the Plan, the Committee shall have full power to construe and interpret the Plan, establish and amend rules and regulations for its
administration, and perform all other acts relating to the Plan, including the delegation of administrative responsibilities that it believes reasonable and proper. 

  

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	3.02 	Duties. The Committee, or any person or entity designated by the Committee, shall be responsible for the administration of the Plan including but not limited to determination
of eligibility, distribution of benefits hereunder, maintenance of account balances, calculation of hypothetical investment returns and any other duties concerning the day-to-day operation of the Plan. 

  

	3.03 	Adjudication. Any decision made, or action taken, by the Committee or the Board arising out of, or in connection with, the interpretation and administration of the
Plan, including but not limited to the adjudication of claims and payment of benefits hereunder, shall be final and conclusive. 

  

	3.04 	Indemnification. The members of the Board and the Committee shall be indemnified by the Company to the fullest extent permitted by law against all costs and expenses
reasonably incurred by them in connection with any action, suit or proceeding to which they or any of them may be party by reason of any action taken or failure to act under or in connection with the Plan and against all amounts paid by them in
settlement thereof (provided such settlement is approved by independent legal counsel selected by the Company) or paid by them in satisfaction of a judgment in any such action, suit or proceeding, except a judgment based upon a finding of bad faith.

 Article IV 
 Participation 
  

	4.01 	Membership. Any individual who is eligible to participate under the Qualified Plan (in accordance with Article III thereof), but is ineligible to receive a Qualified Plan
Contribution under the Qualified Plan shall be a Member under this Plan. 

  

	4.02 	Profit Sharing Contribution. Subject to the below, an amount equal to the Qualified Plan Contribution (both the Monthly Profit Sharing Contribution and the
Supplemental Profit Sharing Contribution portions) that otherwise would have been made on behalf of a Member under the Qualified Plan, if such Member were eligible to receive such contributions under the Qualified Plan, determined without regard to
the Qualified Plan Contribution Limits, shall be credited to the Member’s Profit Sharing Account as and when such Qualified Plan Contributions otherwise would have been made under the Qualified Plan. However, notwithstanding the above, with
respect to the Supplemental Profit Sharing Contribution portion of the Qualified Plan Contribution, (i) the Member must be actively employed on the last day of the last payroll period ending prior to, or coincident with, the fiscal year end,
and (ii) effective for Plan Years beginning on or after January 1, 2008, Members must be employed on the date the Company makes the Supplemental Profit Sharing Contribution portion of the Qualified Plan Contribution in order to be eligible
for the same. 

  

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	4.03 	Vesting. A Member’s interest in the Profit Sharing Account (1) with regard to Profit Sharing Contributions made for years commencing after December 31,
2006, shall be fully vested when the Member’s aggregate Service (as defined in the Qualified Plan) totals at least 3 years, and (2) with regard to Profit Sharing Contributions made for Plan Years commencing before January 1, 2007
(including any Contribution for 2006 that is credited during 2007) shall be fully vested when the Member’s aggregate Service totals at least 5 years; or, with respect to (1) and (2), if earlier, upon the Member’s attainment of age 65,
death, disability or “Discharge without Cause” (as defined under the Qualified Plan) by the Company or an affiliated employer. Notwithstanding any other provision of this Plan to the contrary, a Member’s right to receive any benefit
herein, whether otherwise vested or not, shall terminate and be forfeited immediately upon termination of the Member’s service with the Company for cause (as determined by the Committee). 

  

	4.04 	Interest Credits. Subject to a maximum annualized interest rate cap of 15%, each Member’s Profit Sharing Account shall be credited with interest at an annual rate
equal to the sum of (a) 2% plus (b) the annualized prime rate, as published in the Wall Street Journal, compounded as of the end of each fiscal month. 

 Article V 
 Distributions 
  

	5.01 	Timing of Payment. Except as set forth in Section 5.03, payment of a Member’s Profit Sharing Account shall be made in a lump sum as soon as reasonably
practicable after the Member’s separation from service from the Company (as determined pursuant to Section 409A of the Code), and in all events no later than March 15 of the year following the year in which the Member’s
separation from service occurs. Notwithstanding the foregoing, if the Member is a “specified employee” (as defined in Code Section 409A), such distribution shall be made six months after his or her separation from service. For
purposes of the preceding sentence, whether a Member is a “specified employee” is determined on April 1 of each calendar year, and such status continues until the following March 31. 

  

	5.02 	Form of Payment. Any payment under this Article shall be in the form of cash or a cash equivalent. 

  

	5.03 	Death or Disability. 

  

	 	  (a)	In the event of the Member’s death, the balance of such Member’s Profit Sharing Account shall be paid to the Member’s designated beneficiary or, if no beneficiary has
been designated, to the Member’s estate in a lump sum as soon as practicable following the Member’s death, and in all events no later than March 15 of the year following the year in which the Member’s death occurs.

  

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	 	  (b)	In the event of the Member’s Disability, the balance of such Member’s Profit Sharing Account shall be paid to the Member (or the Member’s legal representative) in a
lump sum as soon as practicable following the Member’s Disability, and in all events no later than March 15 of the year following the year in which the Member’s Disability occurs. Notwithstanding the above, if the Member is a
specified employee and becomes Disabled after his or her separation from service, the 6 month delay in Section 5.01 above continues to apply. 

  

	5.04 	Hardship Distribution. In the event of an Unforeseeable Emergency, a Member shall be entitled to an early payment from the Member’s Profit Sharing Account in an amount
reasonably necessary to satisfy the Emergency (which may include amounts necessary to pay any Federal, state or local income taxes or penalties reasonably anticipated to result from the payment). Whether a Member has an Unforeseeable Emergency shall
be determined, upon his application to the Committee, based on the relevant facts and circumstances, but payment may not be made to the extent that such Emergency is or may be relieved through reimbursement or compensation from insurance or
otherwise, or by liquidation of the Member’s assets (to the extent that liquidation would not cause severe financial hardship). 

 Article VI 
 Statement of Accounts 
 Statements shall be sent annually to each Member (or such Member’s estate, beneficiary or legal representative) or as otherwise provided by the Committee. 
 Article VII 
 Beneficiary Designation 
 Each Member shall have the right, at any time, to designate any person, persons or entity as such Member’s designated beneficiary. A beneficiary designation shall
be made, and may be amended, by the Member by filing a written designation in accordance with the procedures adopted by the Committee. 
 Article VIII 
 Amendment or Termination 
 The Board, or its delegate, including any Board committee, reserves the right to amend, modify or terminate the Plan at any time to any extent that it may deem advisable including, but without limiting the generality
of the foregoing; any amendment necessary to comply with applicable law; provided however no amendment, modification or termination shall, without the consent of the Member, adversely affect such Member’s right to payment from the Member’s
vested balance under the Profit Sharing Account as of the date of such amendment, modification or termination. Furthermore, this Plan may be amended by the Committee, provided the 

  

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amendment (a) does not materially increase the cost of the Plan to the Employer, and (b) does not materially impact Members. The Company reserves
the right to terminate the Plan for any period of time and from time to time. In addition, termination of the Plan shall not be a permitted distribution event, except to the extent permitted under Section 409A of the Code without imposition of
the additional tax set forth in Section 409A(a)(1)(B) of the Code. 
 Article IX 
 Miscellaneous 
  

	9.01 	Unsecured Right. Any right to receive a payment under the Plan shall be no greater than that of an unsecured general creditor of the Company. No amount payable under the Plan
may be assigned, transferred, encumbered or subject to any legal process for the payment of any claim against a Member. 

  

	9.02 	No Right to Continued Employment. Participation in the Plan shall not give any employee any right to remain in the employ of the Company or any affiliate thereof.

  

	9.03 	Withholding. The Company shall withhold to the extent required by law all applicable income and other taxes from amounts deferred or paid under the Plan.

  

	9.04 	Governing Law. The Plan shall be construed, governed and enforced in accordance with the laws of the State of New York without reference to rules relating to conflicts of
law, except to the extent preempted by federal law. 

  

	9.05 	Compliance with Securities Laws. The Committee may, from time to time, impose additional restrictions upon Members as it deems necessary, advisable or appropriate in order to
comply with applicable federal and state securities laws. 

  

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 ACKNOWLEDGEMENT AND AGREEMENT 
 I acknowledge and agree that I have received and reviewed a copy of the Plan. I understand that this Beneficiary Designation Form may not be revoked except by operation of a subsequent filing of such form. 

 

									
				
	 	 		 		 	 
	Signature of Member	 		 		 	Date
				
	 	 		 		 	
	Printed Name of Member	 		 		 	

  

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 EXHIBIT A 
 AMENDED AND RESTATED 
 WEIGHT WATCHERS 
 EXECUTIVE PROFIT SHARING PLAN 
 BENEFICIARY DESIGNATION FORM 

Please complete each section as instructed. The capitalized terms as used herein have the meaning set forth in the Amended and Restated Weight Watchers Executive
Profit Sharing Plan. 
  

	1.	MEMBER INFORMATION 

  

							
	 Name 
	  	 	  	    Social Security # 	  	 

							
		
	 Address 
	  	 

 I hereby designate the following individual as my beneficiary in accordance with Article VII of the Plan:

  

									
	 1)    
	  	Beneficiary 	  	 	  	Social Security # 	 	 
		  	Address	  	 
					
	 2)
	  	Beneficiary 	  	 	  	Social Security # 	 	 
		  	Address	  	 
					
	 3)
	  	Beneficiary 	  	 	  	Social Security # 	 	 
		  	Address	  	 
					
	 4)
	  	Beneficiary 	  	 	  	Social Security # 	 	 
		  	AddressSample Stock Unit Award Agreement

 Exhibit 10(x) 
 STOCK UNIT AWARD AGREEMENT 
 (with related Dividend Equivalent Rights) 
 Wendy’s International, Inc. 
                     , 20     
 THIS AGREEMENT, made as of
                    , 20         (the “Date of Grant”), between Wendy’s
International, Inc., an Ohio corporation (the “Company”), and              (the “Grantee”). 
 WHEREAS, the Company has adopted the Wendy’s International, Inc. 2007 Stock Incentive Plan (the “Plan”) in order to provide
additional incentive to certain employees and directors of the Company and its Subsidiaries; and 
 WHEREAS, the Committee has determined to
grant to the Grantee an Award of Stock Units with related Dividend Equivalent Rights as provided herein to encourage the Grantee’s efforts toward the continuing success of the Company. 
 NOW, THEREFORE, the parties hereto agree as follows: 
  

	 	1.	Grant. 

 1.1 Unless this Agreement is rejected by
the Grantee (or the Grantee’s estate, if applicable) as provided in Section 8 hereof, the Company hereby grants to the Grantee an award (the “Award”) of
             Stock Units with an equal number of related Dividend Equivalent Rights. Subject to Section 6 hereof, each Stock Unit represents the right to receive one
(1) Share at the time and in the manner set forth in Section 7 hereof. 
 1.2 Each Dividend Equivalent Right represents the right
to receive all of the cash dividends that are or would be payable with respect to the Share represented by the Stock Unit to which the Dividend Equivalent Right relates. With respect to each Dividend Equivalent Right, any such cash dividends shall
be converted into additional Stock Units based on the Fair Market Value of a Share on the date such dividend is made (provided that no fractional Stock Units shall be granted). Such additional Stock Units shall be subject to the same terms and
conditions applicable to the Stock Unit to which the Dividend Equivalent Right relates, including, without limitation, the restrictions on transfer, forfeiture, vesting and payment provisions contained in Sections 2 through 7, inclusive, of this
Agreement. In the event that a Stock Unit is forfeited pursuant to Section 6 or 8 hereof, the related Dividend Equivalent Right shall also be forfeited. 
 1.3 This Agreement shall be construed in accordance and consistent with, and subject to, the provisions of the Plan (the provisions of which are hereby incorporated by reference) and, except as otherwise expressly set
forth herein, the capitalized terms used in this Agreement shall have the same definitions as set forth in the Plan. 
  

	 	2.	Restrictions on Transfer. 

 The Stock Units granted
pursuant to this Agreement may not be sold, transferred or otherwise disposed of and may not be pledged or otherwise hypothecated. 
  

	 	3.	Vesting. 

 All of the number of Stock Units granted
hereunder shall vest on Grantee’s termination of employment without Cause, death or Disability (the “Vesting Date”). 
  

	 	4.	Forfeiture of Stock Units. 

 In addition to the
circumstance described in Section 6 hereof, any and all Stock Units which have not become vested in accordance with Section 3 hereof shall be forfeited and shall revert to the Company upon the commission by the Grantee of an Act of
Misconduct prior to such vesting. 

 For purposes of this Agreement, an “Act of Misconduct” shall mean the occurrence of one
or more of the following events: (x) the Grantee uses for profit or discloses to unauthorized persons, confidential information or trade secrets of the Company or any of its Subsidiaries, (y) the Grantee breaches any contract with or
violates any fiduciary obligation to the Company or any of its Subsidiaries, or (z) the Grantee engages in unlawful trading in the securities of the Company or any of its Subsidiaries or of another company based on information gained as a
result of that Grantee’s employment with, or status as a director to, the Company or any of its Subsidiaries. 
  

	 	5.	Issuance of Shares. 

 5.1 Timing of
Delivery. On the Vesting Date, or as soon thereafter as administratively practicable, the Company shall issue Shares to the Grantee (or, if applicable, the Grantee’s estate) with respect to Stock Units that become vested on the Vesting
Date; provided, however, that if the Grantee is a “specified employee” within the meaning of Section 409A of the Code as of the date of the Grantee’s termination of employment based on the Grantee’s Share
ownership (at least 1% of the outstanding Shares) or compensation relative to other employees (in the top 50) and determined in accordance with policies and procedures adopted by the Company, any Shares with respect to Stock Units which have become
vested pursuant to Section 3 due to the termination of the Grantee’s employment or the Grantee becoming Disabled (other than a Disability which constitutes a disability within the meaning of Section 409A of the Code) shall be issued
as soon as administratively practicable after the first day of the calendar month following the date which is six (6) months after the date of the Grantee’s termination of employment. 
 5.2 Method of Delivery. The Grantee will not receive cash in respect of this Award and the Company shall issue newly issued or treasury Shares to
the Grantee (or, if applicable, the Grantee’s estate). 
  

	 	6.	Rejection of Award Agreement. 

 The Grantee may
reject this Agreement and forfeit the Stock Units and Dividend Equivalent Rights granted to the Grantee pursuant to the Award by notifying the Company or its designee in the manner prescribed by the Company and communicated to the Grantee; provided
that such rejections must be received by the Company or its designee no later than the earlier of (i)                     ,
20         and (ii) the date that is immediately prior to the date that the Stock Units vest pursuant to Section 3 hereof (the “Grantee Return Date”); provided further that if
the Grantee dies before the Grantee Return Date, the Grantee’s estate may reject this Agreement no later than ninety (90) days following the Grantee’s death (the “Executor Return Date”). If this Agreement is rejected
on or prior to the Grantee Return Date or the Executor Return Date, as applicable, the Stock Units and Dividend Equivalent Rights evidenced by this Agreement shall be forfeited, and neither the Grantee nor the Grantee’s heirs, executors,
administrators and successors shall have any rights with respect thereto. 
  

	 	7.	No Right to Continued Employment. 

 Nothing in this
Agreement or the Plan shall interfere with or limit in any way the right of the Company or its Subsidiaries to terminate the Grantee’s employment, nor confer upon the Grantee any right to continuance of employment by the Company or any of its
Subsidiaries or continuance of service as a Board member. 
  

	 	8.	Withholding of Taxes. 

 Prior to the delivery to the
Grantee (or the Grantee’s estate, if applicable) of Shares pursuant to Sections 1 and 5 hereof, the Grantee (or the Grantee’s estate) shall pay to the Company the federal, state and local income taxes and other amounts as may be required
by law to be withheld by the Company (the “Withholding Taxes”) with respect to such Shares. By not rejecting this Agreement in the manner provided in Section 6 hereof, the Grantee (or the Grantee’s estate) shall be deemed
to elect to have the Company withhold a portion of such Shares having an aggregate Fair Market Value equal to the Withholding Taxes in satisfaction of the Withholding Taxes, such election to continue in effect until the Grantee (or the
Grantee’s estate) notifies the Company at least 4 days prior to the Vesting Date that the Grantee (or the Grantee’s estate) shall satisfy such obligation in cash, in which event the Company shall not withhold a portion of such Shares as
otherwise provided in this Section 8. 
  

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	 	9.	Grantee Bound by the Plan. 

 The Grantee hereby
acknowledges receipt of a copy of the Plan and agrees to be bound by all the terms and provisions thereof. 
  

	 	10.	Modification of Agreement. 

 This Agreement may be
modified, amended, suspended or terminated, and any terms or conditions may be waived, but only by a written instrument executed by the parties hereto. 
  

	 	11.	Severability. 

 Should any provision of this
Agreement be held by a court of competent jurisdiction to be unenforceable or invalid for any reason, the remaining provisions of this Agreement shall not be affected by such holding and shall continue in full force in accordance with their terms.

  

	 	12.	Governing Law. 

 The validity, interpretation,
construction and performance of this Agreement shall be governed by the laws of the State of Ohio without giving effect to the conflicts of laws principles thereof. 
  

	 	13.	Successors in Interest. 

 This Agreement shall inure
to the benefit of and be binding upon any successor to the Company. This Agreement shall inure to the benefit of the Grantee’s legal representatives. All obligations imposed upon the Grantee and all rights granted to the Company under this
Agreement shall be binding upon the Grantee’s heirs, executors, administrators and successors. 
  

	 	14.	Resolution of Disputes. 

 Any dispute or
disagreement which may arise under, or as a result of, or in any way relate to, the interpretation, construction or application of this Agreement shall be determined by the Committee. Any determination made hereunder shall be final, binding and
conclusive on the Grantee, the Grantee’s heirs, executors, administrators and successors, and the Company and its Subsidiaries for all purposes. 
  

	 	15.	Entire Agreement. 

 This Agreement and the terms and
conditions of the Plan constitute the entire understanding between the Grantee and the Company and its Subsidiaries, and supersede all other agreements, whether written or oral, with respect to the Award. 
  

	 	16.	Headings. 

 The headings of this Agreement are
inserted for convenience only and do not constitute a part of this Agreement. 
  

			
	WENDY’S INTERNATIONAL, INC.
		
	By:	 	 
		
	Name:	 	 
		
	Title:	 	 

  

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