Document:

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                                                                   EXHIBIT 10.13

                    AMENDED AND RESTATED EMPLOYMENT AGREEMENT

         This Amended and Restated Employment Agreement ("Agreement") is made as
of the 31st day of December, 1999, by and among Mercantile Bank Corporation, a
Michigan corporation (the "Company"), Mercantile Bank of West Michigan, a
Michigan banking corporation (the "Bank", and collectively with the Company, the
"Employers", and each an "Employer"), and Michael H. Price (the "Employee").

                                    RECITALS

         A. The Company, the Bank and the Employee have previously entered into
an Employment Agreement dated December 1, 1998 (the "Employment Agreement").

         B. The Company, the Bank and the Employee wish to amend the Employment
Agreement to establish a base salary for the Employee of $220,000 for the year
2000, provide for the Employment Period to be extended on December 31 of each
year for an additional year so that there is, as of each December 31, a
remaining Employment Period of three years, and make certain conforming and
updating revisions.

         C. This Agreement sets forth the terms of the Employee's employment as
President and Chief Operating Officer of the Company and President and Chief
Executive Officer of the Bank.

         D. The Employers believe that entering into this Agreement is in the
best interest of their respective shareholders.

         E. The Employee believes that entering into this Agreement is in his
best interest.

                               TERMS OF AGREEMENT

         In consideration of the mutual covenants and obligations set forth in
this Agreement, to induce the Employee to remain in the employment of the
Employers, and for other good and valuable consideration, the Employers and the
Employee amend and restate the Employment Agreement, and agree as follows:

         1. Employment, Term, Automatic Annual Extensions, and Acceptance: The
Company agrees to employ the Employee as its President and Chief Operating
Officer, and the Bank agrees to employ the Employee as it President and Chief
Executive Officer, for the period from December 31, 1999 through the Termination
Date (the "Employment Period"), unless such employment is terminated earlier
pursuant to Section 7 or 8 of this Agreement. The initial Termination Date is
December 31, 2002. Effective as of December 31, 2000, and as of each December 31
after December 31, 2000, the Termination Date will automatically extend to the
next succeeding December 31 after the then existing Termination Date unless
prior to a December 31 automatic extension, the Employee, the Company, or the
Bank gives notice to each of the others that the Termination Date shall not be
automatically extended on such December 31; in which case the Termination Date
will not be extended. Accordingly, unless the Employee, the Company or the Bank
gives notice that the Termination Date will not be extended, there will, as of
each December

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31, be an Employment Period of three years remaining. The Employee hereby
accepts such employment.

         2. Duties and Authority:

            2.1 Promotion of Employers' Interest. While employed as an executive
officer of the Company and the Bank, the Employee shall devote his business time
and attention to the business and affairs of the Employers, and shall use his
efforts and abilities to promote the interests of the Employers.

            2.2 Performance of Duties. The Employee shall perform such services
and duties necessary or appropriate for the management of the Employers as are
normally expected of persons appointed to president and chief executive or chief
operating officer positions in the businesses in which the Employers are
engaged.

         3. Cash Compensation. For all services to be performed by the Employee
under this Agreement (including services as an officer, employee, director, or
member of any board committee), the Bank shall pay the Employee an annual base
salary (prorated for any partial year) of (a) Two Hundred Twenty Thousand
Dollars ($220,000) for the period from January 1, 2000 through December 31,
2000, and (b) for each January 1 through December 31 from January 1, 2001
through the Termination Date, amounts not less than Two Hundred Twenty Thousand
Dollars ($220,000) as are determined by the Board of Directors of the Bank, such
determination to be made for each such 12 month period prior to the beginning of
such period ("Base Cash Compensation"); payable in each case in accordance with
the then prevailing payroll practices of the Bank. To the extent that the date
of any change in rate of compensation provided for in clause (a) or (b) above
does not coincide with the first day of a payroll period of the Bank, such
change in rate of compensation shall become effective as of the first day of the
payroll period that includes such date. In addition to the Base Cash
Compensation described above, the Employee will be entitled to such bonuses and
other discretionary compensation as may be awarded to him from time to time by
the Board of Directors of either of the Employers.

         4. Participation in Employee Benefit Plans. In addition to the cash
compensation payable to the Employee under this Agreement, the Employee shall be
entitled to participate in such employee benefit plans, whether contributory or
non-contributory, such as group life and disability insurance plans, hospital,
surgical, vision and dental benefit plans or other bonus incentive, profit
sharing, stock option, retirement or other employee benefit plans of the
Employers as may now or hereafter exist to the extent that the Employee meets
the eligibility requirements of any such plans. All such group life and
disability insurance plans, and hospital, surgical, vision and dental benefit
plans are hereafter referred to as ("Life, Disability and Medical Plans"). It is
specifically agreed that the Employee shall be entitled to participate in the
incentive compensation plan described in Exhibit A to this Agreement for the
years 2000 and 2001.

         5. Out of Pocket Expenses. The Employee will be reimbursed by the Bank
or the Company, as the case may be, for all reasonable expenses incurred in
promoting their respective businesses; including expenses for entertainment,
travel and similar items upon the presentation by

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Employee, from time to time, of an itemized account of such expenditures in a
form and manner as determined by the Board of Directors or the chief financial
or accounting officer of the Employer for whose account the expenditures are
made.

         6. Vacations. The Employee shall be entitled each year to five (5)
weeks paid vacation time. The Employee will not be entitled to additional
compensation for vacation time not utilized in any year nor will the Employee be
permitted to carry over unused vacation time to a succeeding year.

         7. Termination of Employment Upon Disability or Death

            7.1 Disability. In the event the Employee shall become
mentally or physically disabled during the Employment Period and unable to
perform the material duties of his employment for ninety (90) days or more
because of illness, accident, or any other cause ("Disability"), the Bank or the
Company may terminate the Employee's employment under this Agreement by giving
him written notice of such termination ("Disability Termination Notice"). In the
event of any such termination during the Employment Period, the Bank shall
continue to pay the employee his Base Cash Compensation, at the rate in effect
immediately prior to the giving of the Disability Termination Notice, through
the end of the Employment Period (through the Termination Date then in effect).
In addition, the Employers shall cover the Employee under their disability
plans, if any, in effect from time to time under the terms and conditions that
such coverage is made available to other employees of the respective Employers,
and the Employee shall be entitled to any benefits payable to him under such
disability plans. While disabled, the Bank shall continue to provide the
Employee and his dependents with coverage under its Life, Disability and Medical
Plans until the Employee reaches the age of sixty-five (65) years old to the
extent that it may do so under the provisions of such plans, with the Employee's
contribution to the premiums under such plans being no more than the amounts he
paid for such premiums prior to his disability, adjusted from time to time for
normal periodic increases in such premiums applied in general to employees of
the Bank.

            7.2 Death. In the event of the death of the Employee, his employment
with the Employers shall terminate as of the date of his death. Promptly
following his death, the Bank shall pay to his legal representative a death
benefit of $250,000. In addition, any life insurance policies owned by the Bank
or the Company, and insuring the life of the Employee shall be payable to the
beneficiaries of such policies in accordance with the terms of such policies.

            7.3 Extent of Obligations. The provisions of Sections 7.1 and 7.2
apply only to Disability or death occurring during the Employment Period while
the Employee is employed by the Bank and the Company. Other than as set forth in
Section 7.1 or 7.2, neither of the Employers shall have any obligation or
liability to the Employee upon the employee's death or Disability except that
the Employee shall be entitled to all of his accrued rights under stock option,
retirement and other employee benefit plans of the Company and the Bank, and the
Bank shall promptly pay the Employee (or his personal representative) his Base
Cash Compensation due through the effective date of the termination of his
employment, the cash equivalent of any accrued vacation days not taken as of
such effective date (calculated based on the Employee's annual base salary

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attributable to each vacation day), and any out-of-pocket expenses for which
the Employee is entitled to be reimbursed, and for which reimbursement has not
yet been made.

         8. Termination of Employment for Cause, Without Cause, Good Reason, or
Without Good Reason.

            8.1 Termination by an Employer for Cause. Each of the Employers
shall have the right, at any time, to terminate the Employee's employment for
Cause (as defined herein), within 90 days of the Employer's learning of such
Cause. For purposes of this Agreement, the term "Cause" means (a) an act or acts
of dishonesty committed by the Employee and intended by the Employee to result
in the Employee's substantial personal enrichment at the expense of the Company
or the Bank, (b) continuing intentional gross neglect by the Employee of his
duties under Section 2 of this Agreement which cause or are expected to cause
material harm to the Company or the Bank, and which is not remedied after
receipt of notice from the applicable Employer, (c) the Employee's conviction of
a felony, or (d) the Employee's intentional breach of his obligations under
Section 10 or 11 which causes or may be expected to cause material harm to the
Company or the Bank. Any termination for Cause shall be effective upon an
Employer giving the Employee written notice that the Employee's employment is
terminated, and setting forth in reasonable detail the basis for such
termination, and that such termination is for Cause. Any such notice shall
terminate the Employee's employment with both Employers.

            8.2 Termination by an Employer Without Cause. Each of the Employers
shall have the right at any time to terminate the Employee's employment without
Cause by giving the Employee written notice that the Employee's employment is
terminated, and setting forth in reasonable detail the basis, if any, for such
termination. Any such termination shall be effective upon the giving of such
notice by the Employer.

            8.3 Termination by Employee for Good Reason. The Employee shall have
the right at any time to terminate his employment under this Agreement for Good
Reason (as defined herein) within ninety (90) days of learning of such Good
Reason. For purposes of this Agreement, the term "Good Reason" means (a) any
assignment to the Employee of any title or duties that are materially
inconsistent with the Employee's present positions, titles, duties, or
responsibilities, other than an insubstantial or inadvertent action which is
remedied by the applicable Employer promptly after receipt of written notice
from the Employee, or which is approved of by the Employee in writing; (b) any
failure by an Employer to comply in a material respect with any provision of
Section 3, 4, 5, or 6, other than a insubstantial or inadvertent failure which
is remedied by the applicable Employer promptly after receipt of written notice
from the Employee. Any termination for Good Reason shall be effective upon the
Employee giving the Employers written notice that the Employee is terminating
his employment, and setting forth in reasonable detail the basis for such
termination, and that such termination is for Good Reason. Any such termination
shall be effective upon the giving of such notice by the Employee; and any such
notice shall terminate his employment with both Employers.

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            8.4 Termination by Employee Without Good Reason. The Employee shall
have the right at any time to terminate the Employee's employment with both
Employers without Good Reason by giving the Employers written notice that the
Employee is terminating his employment. Any such termination shall apply to the
Employee's employment with both Employers and be effective ninety (90) days
after the giving of such notice by the Employee.

            8.5 Obligation of Employers upon Termination without Cause or
Employee's Termination with Good Reason. In the event that during the Employment
Period, an Employer terminates the Employee's employment without Cause under
Section 8.2, or the Employee terminates his employment for Good Reason under
Section 8.3; or the Employee's employment is terminated for any other reason
except (i) for Cause under Section 8.1, (ii) without Good Reason under Section
8.4, or (iii) for Disability or death pursuant to Section 7; the Bank shall pay
and provide (and to the extent the insurance referred to in Section 8.5(d) is
owned by the Company, the Company shall provide) to the Employee the following:

            (a) to the extent not previously paid, the Employee's Base Cash
Compensation due through the effective date of the termination of employment,
the cash equivalent of any accrued vacation days not taken as of such effective
date (calculated based on the Employee's annual base salary attributable to each
vacation day), and any out-of-pocket expenses for which the Employee is
entitled to be reimbursed, and for which reimbursement has not yet been made;
payable within ten (10) days of such effective date, plus

            (b) an amount equal to the greater of (i) the Base Cash Compensation
payable to the Employee for the remainder of the Employment Period (i.e. through
the Termination Date then in effect), or (ii) $425,000; in either case, payable
in eighteen (18) substantially equal monthly installments commencing within
thirty (30) days after the effective date of the termination of employment; plus

            (c) coverage for the Employee and his dependents under the Bank's
Life, Disability, and Medical Plans for the eighteen (18) month period
commencing on the effective date of the termination of employment to the extent
that the Bank may do so under the provisions of such plans, and to the extent
that it is not permitted to do so shall pay the Employee an amount that will
permit him to obtain and pay for substantially equivalent coverage; plus

            (d) any life insurance policies owned by the Bank or the Company
insuring the life of the Employee, to the extent that they may be practically
assigned or transferred to the Employee; plus

            (e) $10,000 for out-placement, interim office, and related expenses.

In addition, the Employee shall be entitled to all of his accrued rights under
stock option, retirement, and other employee benefit plans of the Company and
the Bank,

            8.6 Obligation of Employers upon Termination for Cause or by
Employee without Good Reason. In the event that during the Employment Period, an
Employer terminates

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the Employee's employment for Cause as provided for in Section 8.1, or the
Employee terminates his employment without Good Reason as permitted in Section
8.4; the Bank shall pay and provide to the Employee, to the extent not
previously paid, the Employee's Base Cash Compensation due through the effective
date of the termination of employment, plus the cash equivalent of any accrued
vacation days not taken as of such effective date (calculated based on the
Employee's annual base salary attributable to each vacation day), within ten
(10) days of such effective date. In addition, the Employee shall be entitled to
all of his accrued rights under stock option (except with respect to stock
option plans, in the event of termination for Cause), retirement, and other
employee benefit plans of the Company and the Bank,

            8.7 No Other Obligations of Employers upon Termination. Upon
termination of the Employee's employment, the Employers shall have no
obligations to the Employee except as set forth in this Agreement, or accrued
rights under stock option, retirement, or other employee benefit plans of either
Employer.

         9. Severance Payments on Termination after the Employment Period. If at
any time after the Employment Period and prior to the Employee reaching the age
of 65, (a) the Employee's employment with the Bank is terminated by the Bank
without Cause, or (b) the Employee's annual base salary from the Bank is reduced
without his consent and without Cause, and the Employee, within ninety (90) days
thereafter, terminates his employment with the Bank; then unless the termination
of employment or reduction in annual base salary resulted from the death or
Disability of the Employee, the Bank shall pay and provide (and to the extent
the insurance referred to in Section 8.5(d) is owned by the Company, the Company
shall provide) to the Employee the following: (a) the amounts, coverage,
benefits and life insurance provided for in Section 8.5 (a), (c), (d) and (e),
plus (b) $425,000, payable in eighteen (18) substantially equal monthly
installments commencing within thirty (30) days after the effective date of the
termination of employment. In addition, the Employee shall be entitled to all of
his accrued rights under stock option (except with respect to stock option
plans, in the event of termination for Cause), retirement, and other employee
benefit plans of the Company and the Bank,

         10. Confidential Information. Employee agrees that he will not at any
time (whether during his employment or at any time thereafter) disclose to any
person, corporation, firm, partnership or other entity, except as required by
law, any secret or confidential information concerning the business, clients or
affairs of the Company or the Bank, or any of their affiliates, for any reason
or purpose whatsoever other than in furtherance of the Employee's work for the
Company or the Bank, nor shall the Employee make use of any of such secret or
confidential information in any manner adverse to the Company or the Bank.

         11. Noncompetition Covenant. For a period of eighteen (18) months
following the termination of Employee's employment with the Employers, Employee
will not be employed by or act as a director or officer of any business
involving or engaged in the business of banking within a 50-mile radius of the
City of Grand Rapids, Michigan, where such business engages in soliciting,
directly or indirectly, customers of the Bank.

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         12. Remedies under Section 10 and 11. The Employee acknowledges and
agrees that his obligations under Sections 10 and 11 are of a special and unique
nature and that a failure to perform any such obligation or a violation of any
such obligation would cause irreparable harm to the Employers, the amount of
which cannot be accurately compensated for in damages by an action at law. In
the event of a breach by the Employee of any of the provisions of Section 10 or
11, the Company and the Bank shall be entitled to an injunction restraining the
Employee from such breach. Nothing in this Section shall be construed as
prohibiting the Company or the Bank from pursuing any other remedies available
for any breach of this Agreement.

         13. Deduction of Taxes. Each Employer may deduct from any amounts
required to be paid to the Employee under this Agreement any amounts required to
be withheld by the Employer pursuant to federal, state, or local law relating to
taxes or related payroll deductions.

         14. Objection to Termination and Legal Fees. The termination of the
Employee's employment pursuant to this Agreement shall not preclude any Employer
or the Employee from objecting to the basis asserted by the terminating party
for such termination. The Employers agree to pay all reasonable legal fees and
expenses incurred by the Employee in enforcing his rights under this Agreement,
except with respect to claims made by the Employee that are rejected by a court
(or any arbitrator sitting by agreement of the parties) to which such claims are
presented; provided that the Employers' obligation to pay legal fees and
expenses under this Section shall not exceed $10,000 in aggregate amount.

         15. Adjustment between the Company and the Bank. The Company and the
Bank acknowledge that although the Employee is generally paid solely by the
Bank, he also performs some services for the Company, and the Company pays the
Bank periodically an amount necessary to reimburse the Bank for amounts paid to
the Employee by the Bank for services actually rendered to the Company.

         16. Notices. Any notice required or permitted to be given under this
Agreement shall be sufficient if in writing and if personally delivered or sent
by registered or certified United States mail or by a nationally recognized
overnight courier service, to his residence or the last address he has provided
in writing to the Employers, in the case of the Employee, or to its principal
office in the case of an Employer. For purposes of this Agreement, notices shall
be deemed given when received at the address or office specified in the
preceding sentence.

         17. Waiver of Breach. No waiver by either party of any breach or
non-performance of any provision or obligation of this Agreement shall be deemed
to be a waiver of any preceding or succeeding breach of the same or any other
provision of this Agreement.

         18. Assignment. The rights and obligations of each Employer under this
Agreement shall inure to the benefit of and shall be binding upon them and their
respective successors and assigns. As used in this Agreement, the term
"successor" shall include any person, firm, corporation, or other business
entity which at any time whether by merger, purchase or otherwise acquires all
or substantially all of the assets or business of an Employer.

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         19. Entire Agreement and Regulatory Compliance. This instrument
contains the entire Agreement of the parties hereto with respect to the subject
matter hereof and supersedes all prior agreements or understandings between the
parties hereto relating to the subject matter hereof. This Agreement may not be
changed orally but only by an agreement in writing signed by the Employee and
the Employers. To the extent that any payment provided for by this Agreement
would, in the circumstances prevailing at the time such payment is to be made,
otherwise violate any provision of the Federal Deposit Insurance Act (the
"FDIA") or any rule adopted under the FDIA, including 12 C.F.R. Part 359 (Golden
Parachute and Indemnification Payments), the amount of such payment shall be
reduced to the largest amount that could be paid on such date consistently with
such provision of the FDIA or rule adopted thereunder.

         20. Severability. If a court of competent jurisdiction determines that
any one or more of the provisions of this Agreement is invalid, illegal or
unenforceable in any respect, such determination shall not affect the validity,
legality or enforceability of any other provision of this Agreement.

         21. Governing Law. This Agreement and the legal relations between the
parties shall be subject to and governed by the internal laws (and not the law
of conflicts) of the State of Michigan.

         The parties have executed this Agreement as of the day and year first
above written.

                                      MERCANTILE BANK CORPORATION

                                      By: /s/  Gerald R. Johnson, Jr.
                                          -------------------------------
                                          Name: Gerald R. Johnson, Jr.
                                                -------------------------
                                          Its: Chairman and CEO
                                               --------------------------

                                      MERCANTILE BANK OF WEST MICHIGAN

                                      By: /s/ Gerald R. Johnson, Jr.
                                          -------------------------------
                                          Name: Gerald R. Johnson, Jr.
                                                -------------------------
                                          Its: Chairman
                                               --------------------------

                                    EMPLOYEE

                                    /s/ Michael H. Price
                                    -------------------------------------
                                    Michael H. Price

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                                    EXHIBIT A

MERCANTILE BANK OF WEST MICHIGAN EMPLOYEE BONUS -2000

Non-lenders receive $0.33 for very 1.00 over budgeted net operating income.

Maximum payouts are calculated as a percentage of salary as follows:
<TABLE>

<S>                                         <C>

Chairman and President                      35.0% of annual salary

Senior Vice President                       25.0% of annual salary

Vice Presidents                             20.0% of annual salary

Assistant Vice Presidents                   10.0% of annual salary

Officers                                     7.5% of annual salary

Non-officer employees                        5.0% of annual salary

</TABLE>

MERCANTILE BANK OF WEST MICHIGAN EMPLOYEE BONUS -2001

Non-lenders receive $0.33 for every 1.00 over budgeted net operating income.

Maximum payouts are calculate as a percentage of salary as follows:

<TABLE>

<S>                                         <C>

Chairman and President                      40.0% of annual salary

Senior Vice President                       30.0% of annual salary

Vice Presidents                             20.0% of annual salary

Assistant Vice Presidents                   10.0% of annual salary

Officers                                     7.5% of annual salary

Non-officer employees                        5.0% of annual salary

</TABLE>

                                       9<PAGE>   1

                                                                   EXHIBIT 10.18

                              EMPLOYMENT AGREEMENT

          This Agreement is made as of September 29, 1999 by and between FAMOUS
DAVE'S OF AMERICA, INC., a Minnesota corporation (the "Company"), and PAUL
CAMPBELL (the "Executive").

                               W I T N E S S E T H

          WHEREAS, the Company desires to employ Executive in accordance with
the terms and conditions stated in this Agreement; and

          WHEREAS, Executive desires to accept that employment pursuant to the
terms and conditions of this Agreement;

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

I.       EMPLOYMENT

         1.1 Employment as Chief Financial Officer. The Company hereby employs
Executive as Chief Financial Officer and Executive accepts such employment
pursuant to the terms of this Agreement. Executive shall report to and take
direction from the Chief Executive Officer of the Company. Executive will
perform those duties which are usual and customary for a Chief Financial Officer
of a restaurant enterprise. Executive shall be employed at the Company's
corporate offices. He shall perform his duties in a manner reasonably expected
of a Chief Financial Officer of a restaurant company.

         1.2 Term. Unless terminated by Executive or the Company pursuant to
Article III hereof, Executive's employment pursuant to this Employment Agreement
shall be for a term of two (2) years, such term to commence on November 1, 1999.

II.      COMPENSATION, BENEFITS AND PERQUISITES

         2.1 Base Salary. During the term and effectiveness of this Agreement,
the Company shall pay Executive an annualized base salary ("Base Salary") at the
annual rate of One Hundred Sixty Five Thousand Dollars ($165,000). The Base
Salary shall be payable in equal installments in the time and manner that other
employees of the Company are compensated. The Company will review the Base
Salary at least annually and may, in its sole discretion, increase it to reflect
performance, appropriate industry guideline data or other factors.

<PAGE>   2

          2.2 Bonus. Executive will receive an annual bonus (the "Base Bonus")
in the amount of up to Thirty percent (30%) of base salary, with a guaranteed
annual bonus for 1999 of $20,000, payable on or about January 1, 2000.

         2.3      Relocation Expenses. Executive will be entitled to
                  reimbursement for the following relocation expenses: (a)
                  reasonable moving and related expenses not to exceed $15,000;
                  (b) Temporary living expenses and costs associated with
                  selling your home not to exceed $35,000; and (c) Two (2) round
                  trip coach airline tickets per month between Minneapolis and
                  Seattle until July 1, 2000.

         2.4      Vacation. Executive shall be entitled to three (3) weeks' paid
                  vacation.

         2.5      Employee Benefits. Throughout the term of this Agreement,
Executive shall be entitled to the usual and customary benefits and perquisites
which the Company generally provides to its other senior executives under its
applicable plans and policies (including, without limitation, healthcare
coverage and retirement benefits). If the Company adopts a benefit plan,
Executive shall be entitled to the benefits which the Company provides to its
other executives under such plan. Executive shall pay any contributions which
are generally required of executives to receive any such benefits. In addition,
the Company will reimburse you for any COBRA insurance premiums for up to six
months, if applicable.

III.     TERMINATION OF EXECUTIVE'S EMPLOYMENT

         3.1      Termination of Employment.

                  (a) Executive's employment under this Agreement may be
         terminated by Executive at any time for any reason. This Agreement
         shall terminate in its entirety immediately upon the death of
         Executive.

                  (b) Executive's employment under this Agreement may be
         terminated by the Company at any time for any reason; provided,
         however, that if (i) Executive's employment is terminated by the
         Company during the term of this Agreement for a reason or disability
         other than for "Cause" as defined in Section 3.2, or (ii) Executive
         resigns for "Good Reason" as defined in Section 3.2, Executive shall
         receive a severance payment (the "Severance Payment") in the amount of
         one year's Base Salary, and shall not receive any additional
         compensation or bonuses.

                  (c) If, during the term of this Agreement, Executive
         terminates his employment with the Company following a "Change of
         Control" of Company, Executive shall continue to receive his Base
         Salary and Bonus, if such change of control and termination occur
         during the first year of Executive's employment) for the remaining term
         of this Agreement; provided however, that if Executive obtains other
         employment during such remaining term, the Company shall receive a
         dollar-for-dollar credit against its severance obligation

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         hereunder with respect to compensation and benefits received by
         Executive in his new employment.

                  (d) Any termination shall be effective as of the date
         specified by the party initiating the termination in a written notice
         delivered to the other party, which date shall not be earlier than the
         date such notice is delivered to the other party. Except as expressly
         provided to the contrary in this section or applicable law, Executive's
         rights to pay and benefits shall cease on the date his employment under
         this Agreement terminates.

         3.2      Definitions.  For purposes of this Article III,

                  (a) "Cause" shall mean only the following: (i) commission of a
         felony; (ii) theft or embezzlement of Company property or commission of
         similar acts involving moral turpitude; or (iii) the failure by
         Executive to substantially perform his material duties under this
         Agreement (excluding nonperformance resulting from Executive's
         disability) which failure is not cured within 30 days after written
         notice from the Chairman of the Company specifying the act of
         nonperformance or within such longer period (but no longer than 90 days
         in any event) as is reasonably required to cure such nonperformance.

                  (b) "Good Reason" shall mean only the following: (i) Executive
         has been demoted; or (ii) Executive has incurred a substantial
         reduction in his authority or responsibility.

                  (c) "Change of Control" shall mean the occurrence of any of
         the following events:

                           (i) any person or group of persons becomes the
                  beneficial owner of thirty-five percent (35%) or more of any
                  equity security of the Company entitled to vote for the
                  election of directors;

                           (ii) a majority of the members of the board of
                  directors of the Company is replaced within the period of less
                  than two (2) years by directors not nominated and approved by
                  the board of directors; or

                           (iii) the stockholders of the Company approve an
                  agreement to sell or otherwise dispose of all or substantially
                  all of the Company's assets (including a plan of liquidation).

         3.3      Disability. If Executive has become disabled such that he
cannot perform the essential functions of his job with or without reasonable
accommodation, and the disability has continued for a period of more than 90
days, the Company may, in its discretion, terminate his employment under this
Agreement. Upon any such termination for disability, Executive shall be entitled
to such disability, medical, life insurance, and other benefits as may be
provided generally for disabled employees of the Company during the period he
remains disabled.

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         3.4 Notice. Executive must provide the Company with at least 30 days'
written notice if Executive desires to terminate his employment under this
Agreement.

IV.      CONFIDENTIALITY

         4.1 Prohibitions Against Use. Both parties to this Agreement
acknowledge and agree that during the term of this Agreement they may have
access to various trade secrets and confidential business information
("Confidential Information") of each other. Each party agrees that it shall use
such Confidential Information solely in connection with his obligations under
this Agreement and shall maintain in strictest confidence and shall not disclose
any such Confidential Information, directly or indirectly or use such
information in any other way during the term of this Agreement or for a period
of one (1) year after the termination of this Agreement. The parties further
agree to take all reasonable steps necessary to preserve and protect the
Confidential Information. The provisions of this Section shall be equally
applicable to each parties' officers, directors, agents or employees. The
provisions of this Section shall not apply to information which (i) was in
possession of a party prior to receipt from the other party, or (ii) is or
becomes generally available to the public other than as a result of a disclosure
by a party, its directors, officers, employees, agents or advisors, or (iii)
becomes available to a party from a third party having the right to make such
disclosure.

         4.2 Remedies. Executive acknowledges that the Company's remedy at law
for any breach or threatened breach by Executive of Section 4.1 will be
inadequate. Therefore, the Company shall be entitled to injunctive and other
equitable relief restraining Executive from violating those requirements, in
addition to any other remedies that may be available to the Company under this
Agreement or applicable law.

V.       NON-COMPETITION

         5.1 Agreement Not to Compete. Executive agrees that, on or before the
date which is two (2) years after the date Executive's employment under this
Agreement terminates, he will not, unless he receives the prior approval of the
Company, directly or indirectly engage in any of the following actions:

                  (a) Own an interest in (except as provided below), manage,
         operate, join, control, lend money or render financial or other
         assistance to, or participate in or be connected with, as an officer,
         employee, partner, stockholder, consultant or otherwise, any entity
         whose primary business is the retail sale of barbequed food. However,
         nothing in this subsection (a) shall preclude Executive from holding
         (i) less than one percent of the outstanding capital stock of any
         corporation required to file periodic reports with the Securities and
         Exchange Commission under Section 13 or 15(d) of the Securities
         Exchange Act of 1934, as amended, the securities of which are listed on
         any securities exchange, quoted on the National Association of
         Securities Dealers Automated Quotation System or traded in the
         over-the-counter market, or (ii) holding an interest in the restaurant
         concepts which Executive was involved with in the last three (3) years.

                                       4
<PAGE>   5

                  (b) Intentionally solicit, endeavor to entice away from the
         Company, or otherwise interfere with the relationship of the Company,
         any person who is employed by or otherwise engaged to perform services
         for the Company (including, but not limited to, any independent sales
         representatives or organizations), whether for Executive's own account
         or for the account of any other individual, partnership, firm,
         corporation or other business organization.

If the scope of the restrictions in this section are determined by a court of
competent jurisdiction to be too broad to permit enforcement of such
restrictions to their full extent, then such restrictions shall be construed or
rewritten (blue-lined) so as to be enforceable to the maximum extent permitted
by law, and Executive hereby consents, to the extent he may lawfully do so, to
the judicial modification of the scope of such restrictions in any proceeding
brought to enforce them.

         5.2 Remedies. Executive acknowledges that the Company's remedy at law
for any breach or threatened breach by Executive of Section 5.1 will be
inadequate. Therefore, the Company shall be entitled to injunctive and other
equitable relief restraining Executive from violating those requirements, in
addition to any other remedies that may be available to the Company under this
Agreement or applicable law.

VI.      STOCK OPTION AGREEMENT

         Contemporaneously herewith and in connection with this Agreement, the
parties hereto have entered into a Stock Option Agreement, pursuant to which the
Company granted to Executive the right and option (the "Option") to purchase up
to Eighty-Five Thousand (85,000) shares of the Company's common stock, subject
to the terms, conditions and exercise price set forth in the form of Stock
Option Agreement attached hereto as Exhibit A.

VII.     MISCELLANEOUS

         7.1 Amendment. This Agreement may be amended only in writing, signed by
both parties.

         7.2 Entire Agreement. This Agreement contains the entire understanding
of the parties with regard to all matters contained herein. There are no other
agreements, conditions or representations, oral or written, expressed or
implied, with regard thereto. This Agreement supersedes any prior agreements
relating to the employment of Executive by the Company.

         7.3 Assignment. This Agreement shall be binding upon, and shall inure
to the benefit of, the parties and their respective successors, assigns, heirs
and personal representatives and any entity with which the Company may merge or
consolidate or to which the Company may sell substantially all of its assets.

                                       5
<PAGE>   6

         7.4 Notices. Any notice required to be given under this Agreement shall
be in writing and shall be delivered either in person or by certified or
registered mail, return receipt requested. Any notice by mail shall be addressed
as follows:

                           If to the Company, to:

                                    Famous Dave's of America, Inc.
                                    7657 Anagram Drive
                                    Eden Prairie, MN 55344
                                    Attention: Chief Executive Officer

                           If to Executive, to:

                                    Paul Campbell
                                    19101 NE 51st Street
                                    Redmond, WA   98053

or to such other addresses as either party may designate in writing to the other
party from time to time.

         7.5 Waiver of Breach. Any waiver by either party of compliance with any
provision of this Agreement by the other party shall not operate or be construed
as a waiver of any other provision of this Agreement, or of any subsequent
breach by such party of a provision of this Agreement.

         7.6 Severability. If any one or more of the provisions (or portions
thereof) of this Agreement shall for any reason be held by a final determination
of a court of competent jurisdiction to be invalid, illegal, or unenforceable in
any respect, such invalidity, illegality or unenforceability shall not affect
any other provisions (or portions of the provisions) of this Agreement, and the
invalid, illegal or unenforceable provisions shall be deemed replaced by a
provision that is valid, legal and enforceable and that comes closest to
expressing the intention of the parties hereto.

         7.7 Governing Law. This Agreement shall be interpreted and enforced in
accordance with the laws of the State of Minnesota, without giving effect to
conflict of law principles.

         7.8 Arbitration. Any controversy or claim arising out of or relating to
this Agreement or the breach of this Agreement shall be settled by arbitration
in accordance with the Commercial Arbitration Rules of the American Arbitration
Association, and a judgment upon the award rendered by the arbitrator(s) may be
entered in any court having jurisdiction. The arbitration award shall be subject
to review only in the manner provided in the Uniform Arbitration Act as adopted
in Chapter 572, Minnesota Statutes, as the Act is amended at the time of
submission of the issue to arbitration. The arbitrator(s) shall have the
authority to award the prevailing party its costs and reasonable attorney's fees
which shall be paid by the non-prevailing party. In the event the parties hereto
agree

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<PAGE>   7

that it is necessary to litigate any dispute hereunder in a court, the
non-prevailing party shall pay the prevailing party its costs and reasonable
attorney's fees.

          IN WITNESS WHEREOF, the parties have executed this Agreement effective
as of the date set forth above.

                                         FAMOUS DAVE'S OF AMERICA, INC.

                                         By: /s/ Martin J. O'Dowd
                                             ------------------------------
                                         Its:  President
                                             ------------------------------
                                          /s/ Paul Campbell
                                         ----------------------------------
                                         PAUL CAMPBELL

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