Document:

Document

Exhibit 10.2

AMAZON.COM, INC.
1999 NONOFFICER EMPLOYEE
STOCK OPTION PLAN
(as amended and restated)
SECTION 1. PURPOSE
The purpose of the Amazon.com, Inc. 1999 Nonofficer Employee Stock Option Plan (the “Plan”) is to enhance the long-term stockholder value of Amazon.com, Inc., a Delaware corporation (the “Company”), by offering opportunities to employees, consultants, agents, advisors and independent contractors of the Company and its Subsidiaries (as defined in Section 2) who are not officers of the Company or members of the Board to participate in the Company’s growth and success, and to encourage them to remain in the service of the Company and its Subsidiaries and to acquire and maintain stock ownership in the Company.
SECTION 2. DEFINITIONS
For purposes of the Plan, the following terms shall be defined as set forth below:
2.1Board
“Board” means the Board of Directors of the Company.
2.2Cause
“Cause” means dishonesty, fraud, misconduct, unauthorized use or disclosure of confidential information or trade secrets, or conviction or confession of a crime punishable by law (except minor violations), in each case as determined by the Plan Administrator, and its determination shall be conclusive and binding.
2.3Code
“Code” means the Internal Revenue Code of 1986, as amended from time to time.
2.4Common Stock
“Common Stock” means the common stock, par value $.01 per share, of the Company.
2.5Corporate Transaction
“Corporate Transaction” means any of the following events:
(a)Consummation of any merger or consolidation of the Company in which the Company is not the continuing or surviving corporation, or pursuant to which shares of the Common Stock are converted into cash, securities or other property (other than a merger of the Company in which the holders of Common Stock immediately prior to the 
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merger have the same proportionate ownership of capital stock of the surviving corporation immediately after the merger);
(b)Consummation of any sale, lease, exchange or other transfer in one transaction or a series of related transactions of all or substantially all of the Company’s assets other than a transfer of the Company’s assets to a majority-owned subsidiary corporation (as the term “subsidiary corporation” is defined in for purposes of Section 422 of the Code) of the Company; or
(c)Approval by the holders of the Common Stock of any plan or proposal for the liquidation or dissolution of the Company.
2.6Disability
“Disability” means “permanent and total disability” as that term is defined for purposes of Section 22(e)(3) of the Code.
2.7Early Retirement
“Early Retirement” means early retirement as that term is defined by the Plan Administrator from time to time for purposes of the Plan.
2.8Exchange Act
“Exchange Act” means the Securities Exchange Act of 1934, as amended.
2.9Fair Market Value
The “Fair Market Value” shall be as established in good faith by the Plan Administrator or (a) if the Common Stock is listed on the Nasdaq National Market, the average of the high and low per share sales prices for the Common Stock as reported by the Nasdaq National Market for a single trading day or (b) if the Common Stock is listed on the New York Stock Exchange or the American Stock Exchange, the average of the high and low per share sales prices for the Common Stock as such price is officially quoted in the composite tape of transactions on such exchange for a single trading day.  If there is no such reported price for the Common Stock for the date in question, then such price on the last preceding date for which such price exists shall be determinative of the Fair Market Value.
2.10Grant Date
“Grant Date” means the date the Plan Administrator adopted the granting resolution.  If, however, the Plan Administrator designates in a resolution a later date as the date an Option is to be granted, then such later date shall be the “Grant Date.”
2.11Nonqualified Stock Option
“Nonqualified Stock Option” means an Option that is not intended to qualify as an incentive stock option under Section 422 of the Code.
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2.12Option
“Option” means a Nonqualified Stock Option to purchase Common Stock.
2.13Optionee
“Optionee” means (a) the person to whom an Option is granted; (b) for an Optionee who has died, the personal representative of the Optionee’s estate, the person(s) to whom the Optionee’s rights under the Option have passed by will or by the applicable laws of descent and distribution, or the beneficiary designated in accordance with Section 8; or (c) person(s) to whom an Option has been transferred in accordance with Section 8.
2.14Plan Administrator
“Plan Administrator” means the Board or any committee of the Board designated to administer the Plan under Section 3.1.
2.15Retirement
“Retirement” means retirement on or after the individual’s normal retirement date under the Company’s 401(k) plan or other similar successor plan applicable to salaried employees, unless otherwise defined by the Plan Administrator from time to time for purposes of the Plan.
2.16Securities Act
“Securities Act” means the Securities Act of 1933, as amended.
2.17Subsidiary
“Subsidiary” means any entity that is directly or indirectly controlled by the Company or in which the Company has a significant ownership interest, as determined by the Plan Administrator, and any entity that may become a direct or indirect parent of the Company.
SECTION 3. ADMINISTRATION
3.1Plan Administrator
The Plan shall be administered by the Board or a committee or committees (which term includes subcommittees) appointed by, and consisting of two or more members of, the Board (the “Plan Administrator”).  The Board may delegate the responsibility for administering the Plan with respect to designated classes of eligible persons to different committees consisting of one or more members of the Board, subject to such limitations as the Board deems appropriate.  Committee members shall serve for such term as the Board may determine, subject to removal by the Board at any time.  To the extent consistent with applicable law, the Plan Administrator may authorize one or more officers of the Company to grant Awards to designated classes of eligible persons, within the limits specifically prescribed by the Plan Administrator.
3.2Administration and Interpretation by the Plan Administrator
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Except for the terms and conditions explicitly set forth in the Plan, the Plan Administrator shall have exclusive authority, in its discretion, to determine all matters relating to Options under the Plan, including the selection of individuals to be granted Options, the type of Options, the number of shares of Common Stock subject to an Option, all terms, conditions, restrictions and limitations, if any, of an Option and the terms of any instrument that evidences the Option.  The Plan Administrator shall also have exclusive authority to interpret the Plan and may from time to time adopt, and change, rules and regulations of general application for the Plan’s administration.  The Plan Administrator’s interpretation of the Plan and its rules and regulations, and all actions taken and determinations made by the Plan Administrator pursuant to the Plan, shall be conclusive and binding on all parties involved or affected.  The Plan Administrator may delegate administrative duties to such of the Company’s officers as it so determines.
SECTION 4. STOCK SUBJECT TO THE PLAN1
4.1Authorized Number of Shares
Subject to adjustment from time to time as provided in Section 9.1, a maximum of 800,000,000 shares of Common Stock shall be available for issuance under the Plan.  Shares issued under the Plan shall be drawn from authorized and unissued shares or shares now held or subsequently acquired by the Company as treasury shares.
4.2Reuse of Shares
Any shares of Common Stock that have been made subject to an Option that cease to be subject to the Option (other than by reason of exercise of the Option to the extent it is exercised for shares) shall again be available for issuance in connection with future grants of Options under the Plan.
SECTION 5. ELIGIBILITY
An Option may be granted only to an individual who, at the time the Option is granted, is an employee, agent, consultant, advisor or independent contractor of the Company or any Subsidiary who at the time the Option is granted is not an officer of the Company or a member of the Board..
SECTION 6. ACQUIRED COMPANY OPTIONS
Notwithstanding anything in the Plan to the contrary, the Plan Administrator may grant Options under the Plan in substitution for awards issued under other plans, or assume under the Plan awards issued under other plans, if the other plans are or were plans of other acquired entities (“Acquired Entities”) (or the parent of an Acquired Entity) and the new Option is substituted, or the old award is assumed, by reason of a merger, consolidation, acquisition of property or of stock, reorganization or liquidation (the “Acquisition Transaction”).  In the event that a written agreement pursuant to which the Acquisition Transaction is completed is approved by the Board and said agreement sets forth the terms and conditions of the substitution for or 

    1    Share amounts reflect 20-for-1 stock split effective May 2022.
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assumption of outstanding awards of the Acquired Entity, said terms and conditions shall be deemed to be the action of the Plan Administrator without any further action by the Plan Administrator, and the persons holding such awards shall be deemed to be Optionees.
SECTION 7. TERMS AND CONDITIONS OF OPTIONS
7.1Option Exercise Price
The exercise price for shares purchased under an Option shall be as determined by the Plan Administrator.
7.2Term of Options
The term of each Option shall be as established by the Plan Administrator or, if not so established, shall be 10 years from the Grant Date.
7.3Exercise and Vesting of Options
The Plan Administrator shall establish and set forth in each instrument that evidences an Option the time at which or the installments in which the Option shall vest and become exercisable, which provisions may be waived or modified by the Plan Administrator at any time.  If not so established in the instrument evidencing the Option, the Option shall vest and become exercisable according to the following schedule, which may be waived or modified by the Plan Administrator at any time:
									
	
Period of Optionee’s Continuous Employment or  Service With the Company or Its Subsidiaries From the Grant Date		Percent of Total Option 
That Is Vested and Exercisable
	After 1 year		20%
	After 2 years		40%
	Each three-month period completed thereafter		An additional 5%
	After 5 years		100%

To the extent that the right to purchase shares has accrued thereunder, an Option may be exercised from time to time by written notice to the Company, in accordance with procedures established by the Plan Administrator, setting forth the number of shares with respect to which the Option is being exercised and accompanied by payment in full as described in Section 7.4.  An Option may not be exercised as to less than a reasonable number of shares at any one time, as determined by the Plan Administrator.
7.4Payment of Exercise Price
The exercise price for shares purchased under an Option shall be paid in full to the Company by delivery of consideration equal to the product of the Option exercise price and the number of shares purchased.  Such consideration must be paid in cash or by check or, unless the Plan Administrator in its sole discretion determines otherwise, either at the time the Option is granted or at any time before it is exercised, a combination of cash and/or check (if any) and one 
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or both of the following alternative forms:  (a) tendering (either actually or, if and so long as the Common Stock is registered under Section 12(b) or 12(g) of the Exchange Act, by attestation) Common Stock already owned by the Optionee for at least six months (or any shorter period necessary to avoid a charge to the Company’s earnings for financial reporting purposes) having a Fair Market Value on the day prior to the exercise date equal to the aggregate Option exercise price or (b) if and so long as the Common Stock is registered under Section 12(b) or 12(g) of the Exchange Act, delivery of a properly executed exercise notice, together with irrevocable instructions, to (i) a brokerage firm designated by the Company to deliver promptly to the Company the aggregate amount of sale or loan proceeds to pay the Option exercise price and any withholding tax obligations that may arise in connection with the exercise and (ii) the Company to deliver the certificates for such purchased shares directly to such brokerage firm, all in accordance with the regulations of the Federal Reserve Board.  In addition, to the extent permitted by the Plan Administrator in its sole discretion, the exercise price for shares purchased under an Option may be paid, either singly or in combination with one or more of the alternative forms of payment authorized by this Section 7.4, by (y) a full-recourse promissory note delivered pursuant to Section 11 or (z) such other consideration as the Plan Administrator may permit.
7.5Post-Termination Exercises
The Plan Administrator shall establish and set forth in each instrument that evidences an Option whether the Option will continue to be exercisable, and the terms and conditions of such exercise, if an Optionee ceases to be employed by, or to provide services to, the Company or its Subsidiaries, which provisions may be waived or modified by the Plan Administrator at any time.  If not so established in the instrument evidencing the Option, the Option shall be exercisable according to the following terms and conditions, which may be waived or modified by the Plan Administrator at any time.
In the case of termination of the Optionee’s employment or services other than by reason of death or Cause, the Option shall be exercisable, to the extent of the number of shares vested at the date of such termination, only (a) within one year if the termination of the Optionee’s employment or services is coincident with Retirement, Early Retirement at the Company’s request or Disability or (b) within three months after the date the Optionee ceases to be an employee, director, officer, consultant, agent, advisor or independent contractor of the Company or a Subsidiary if termination of the Optionee’s employment or services is for any reason other than Retirement, Early Retirement at the Company’s request or Disability, but in no event later than the remaining term of the Option.  Any Option exercisable at the time of the Optionee’s death may be exercised, to the extent of the number of shares vested at the date of the Optionee’s death, by the personal representative of the Optionee’s estate, the person(s) to whom the Optionee’s rights under the Option have passed by will or the applicable laws of descent and distribution or the beneficiary designated pursuant to Section 8 at any time or from time to time within one year after the date of death, but in no event later than the remaining term of the Option.  Any portion of an Option that is not vested on the date of termination of the Optionee’s employment or services shall terminate on such date, unless the Plan Administrator determines otherwise.  In the case of termination of the Optionee’s employment or services for Cause, the Option shall automatically terminate upon first notification to the Optionee of such termination, unless the Plan Administrator determines otherwise.  If an Optionee’s employment or services with the Company are suspended pending an investigation of whether the Optionee shall be 
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terminated for Cause, all the Optionee’s rights under any Option likewise shall be suspended during the period of investigation.
The Plan Administrator shall determine, in its sole discretion, whether a reduction in an Optionee’s regular hours of employment shall constitute a “termination of the Optionee’s employment or services” for purposes of the Plan.  A transfer of employment or services between or among the Company and its Subsidiaries shall not be considered a termination of employment or services.  The effect of a Company-approved leave of absence on the terms and conditions of an Option shall be determined by the Plan Administrator, in its sole discretion.
SECTION 8. ASSIGNABILITY
No Option granted under the Plan may be assigned, pledged or transferred by the Optionee other than by will or by the applicable laws of descent and distribution, and, during the Optionee’s lifetime, such Option may be exercised only by the Optionee or a permitted assignee or transferee of the Optionee (as provided below).  Notwithstanding the foregoing, the Plan Administrator, in its sole discretion, may permit such assignment, transfer and exercisability and may permit an Optionee to designate a beneficiary who may exercise the Option after the Optionee’s death; provided, however, that any Option so assigned or transferred shall be subject to all the same terms and conditions contained in the instrument evidencing the Option.
SECTION 9. ADJUSTMENTS
9.1Adjustment of Shares
In the event that, at any time or from time to time, a stock dividend, stock split, spin-off, combination or exchange of shares, recapitalization, merger, consolidation, distribution to stockholders other than a normal cash dividend, or other change in the Company’s corporate or capital structure results in (a) the outstanding shares, or any securities exchanged therefor or received in their place, being exchanged for a different number or class of securities of the Company or of any other corporation or (b) new, different or additional securities of the Company or of any other corporation being received by the holders of shares of Common Stock of the Company, then the Plan Administrator shall make proportional adjustments in (i) the maximum number and kind of securities subject to the Plan as set forth in Section 4.1 and (ii) the number and kind of securities that are subject to any outstanding Option and the per share price of such securities, without any change in the aggregate price to be paid therefor.  In the event of any adjustment in the number of shares covered by any Option, each such Option shall cover only the number of full shares resulting from such adjustment.  The determination by the Plan Administrator as to the terms of any of the foregoing adjustments shall be conclusive and binding.
9.2Corporate Transaction
Except as otherwise provided in the instrument that evidences the Option, in the event of a Corporate Transaction, the Plan Administrator shall determine whether provision will be made in connection with the Corporate Transaction for an appropriate assumption of the Options theretofore granted under the Plan (which assumption may be effected by means of a payment to each Optionee (by the Company or any other person or entity involved in the Corporate 
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Transaction), in exchange for the cancellation of the Options held by such Optionee, of the difference between the then Fair Market Value of the aggregate number of shares of Common Stock then subject to such Options and the aggregate exercise price that would have to be paid to acquire such shares) or for substitution of appropriate new options covering stock of a successor corporation to the Company or stock of an affiliate of such successor corporation.  If the Plan Administrator determines that such an assumption or substitution will be made, the Plan Administrator shall give notice of such determination to the Optionees, and the provisions of such assumption or substitution, and any adjustments made (a) to the number and kind of shares subject to the outstanding Options (or to the options in substitution therefor), (b) to the exercise prices, and/or (c) to the terms and conditions of the stock options, shall be binding on the Optionees.  Any such determination shall be made in the sole discretion of the Plan Administrator and shall be final, conclusive and binding on all Optionees.  If the Plan Administrator, in its sole discretion, determines that no such assumption or substitution will be made, the Plan Administrator shall give notice of such determination to the Optionees, and each Option that is at the time outstanding shall automatically accelerate so that each such Option shall, immediately prior to the specified effective date for the Corporate Transaction, become 100% vested and exercisable, except that such acceleration will not occur if, in the opinion of the Company’s outside accountants, it would render unavailable “pooling of interest” accounting for a Corporate Transaction that would otherwise qualify for such accounting treatment.  All such Options shall terminate and cease to remain outstanding immediately following the consummation of the Corporate Transaction, except to the extent assumed by the successor corporation or an affiliate thereof.
9.3Further Adjustment of Options
Subject to Section 9.2, the Plan Administrator shall have the discretion, exercisable at any time before a sale, merger, consolidation, reorganization, liquidation or change in control of the Company, as defined by the Plan Administrator, to take such further action as it determines to be necessary or advisable, and fair and equitable to Optionees, with respect to Options.  Such authorized action may include (but shall not be limited to) establishing, amending or waiving the type, terms, conditions or duration of, or restrictions on, Options so as to provide for earlier, later, extended or additional time for exercise and other modifications, and the Plan Administrator may take such actions with respect to all Optionees, to certain categories of Optionees or only to individual Optionees.  The Plan Administrator may take such action before or after granting Options to which the action relates and before or after any public announcement with respect to such sale, merger, consolidation, reorganization, liquidation or change in control that is the reason for such action.
9.4Limitations
The grant of Options shall in no way affect the Company’s right to adjust, reclassify, reorganize or otherwise change its capital or business structure or to merge, consolidate, dissolve, liquidate or sell or transfer all or any part of its business or assets.
9.5Prohibition on Option Repricing
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Except for adjustments made pursuant to Sections 9.1 and 9.2 hereof, unless approved by the Company’s stockholders the exercise price of any outstanding Option granted under the Plan may not be decreased after the Grant Date nor may any outstanding Option with an exercise price that is at the time in excess of Fair Market Value be surrendered to the Company in exchange for the grant of a new Option with a lower exercise price, the grant of another Option, or cash.
SECTION 10. WITHHOLDING
The Company may require the Optionee to pay to the Company the amount of any withholding taxes that the Company is required to withhold with respect to the grant or exercise of any Option.  Subject to the Plan and applicable law, the Plan Administrator may, in its sole discretion, permit the Optionee to satisfy withholding obligations, in whole or in part, by paying cash, by electing to have the Company withhold shares of Common Stock (up to the minimum required federal withholding rate), or by transferring shares of Common Stock to the Company (already owned by the Participant for the period necessary to avoid a charge to the Company’s earnings for financial reporting purposes), in such amounts as are equivalent to the Fair Market Value of the withholding obligation.  The Company shall have the right to withhold from any shares of Common Stock issuable pursuant to an Option or from any cash amounts otherwise due or to become due from the Company to the Optionee an amount equal to such taxes.  The Company may also deduct from any Option any other amounts due from the Optionee to the Company or a Subsidiary.
SECTION 11. LOANS, INSTALLMENT PAYMENTS AND LOAN GUARANTEES
To assist an Optionee in acquiring shares of Common Stock pursuant to an Option granted under the Plan, the Plan Administrator, in its sole discretion, may authorize, either at the Grant Date or at any time before the acquisition of Common Stock pursuant to the Option, (a) the extension of a loan to the Optionee by the Company, (b) the payment by the Optionee of the purchase price, if any, of the Common Stock in installments, or (c) the guarantee by the Company of a loan obtained by the Optionee from a third party.  The terms of any loans, installment payments or loan guarantees, including the interest rate and terms of repayment, will be subject to the Plan Administrator’s discretion; provided, however, that repayment of any Company loan to the Optionee shall be secured by delivery of a full-recourse promissory note for the loan amount executed by the Optionee, together with any other form of security determined by the Plan Administrator.  The maximum credit available is the purchase price, if any, of the Common Stock acquired, plus the maximum federal and state income and employment tax liability that may be incurred in connection with the acquisition.
SECTION 12. AMENDMENT AND TERMINATION OF PLAN
12.1Amendment of Plan
The Plan may be amended only by the Board in such respects as it shall deem advisable; however, stockholder approval will be required for any amendment that will eliminate the prohibition on repricing Options under Section 9.5.
12.2Termination of Plan
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The Board may suspend or terminate the Plan at any time.  The Plan shall have no fixed expiration date.
12.3Consent of Optionee
The amendment or termination of the Plan shall not, without the consent of the Optionee, impair or diminish any rights or obligations under any Option theretofore granted under the Plan.
SECTION 13. GENERAL
13.1Option Agreements
Options granted under the Plan shall be evidenced by a written agreement that shall contain such terms, conditions, limitations and restrictions as the Plan Administrator shall deem advisable and that are not inconsistent with the Plan.
13.2Continued Employment or Services; Rights in Options
None of the Plan, participation in the Plan or any action of the Plan Administrator taken under the Plan shall be construed as giving any person any right to be retained in the employ of the Company or limit the Company’s right to terminate the employment or services of any person.
13.3Registration
The Company shall be under no obligation to any Optionee to register for offering or resale or to qualify for exemption under the Securities Act, or to register or qualify under state or foreign securities or other laws, any shares of Common Stock, security or interest in a security paid or issued under, or created by, the Plan, or to continue in effect any such registrations or qualifications if made.  The Company may issue certificates for shares with such legends and subject to such restrictions on transfer and stop-transfer instructions as counsel for the Company deems necessary or desirable for compliance by the Company with federal and state securities laws or any other applicable laws governing the issuance and sale of shares of Common Stock under the Plan.
Inability or impracticability of the Company to obtain, from any regulatory body having jurisdiction, the authority deemed by the Company’s counsel to be necessary for the lawful issuance and sale of any shares hereunder or the unavailability of an exemption from registration for the issuance and sale of any shares hereunder shall relieve the Company of any liability in respect of the nonissuance or sale of such shares as to which such requisite authority shall not have been obtained, and shall constitute circumstances in which the Plan Administrator may determine to amend or cancel Options pertaining to such shares, with or without consideration to the affected Optionees.
13.4No Rights as a Stockholder
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No Option shall entitle the Optionee to any dividend, voting or other right of a stockholder unless and until the date of issuance under the Plan of the shares that are the subject of such Option, free of all applicable restrictions.
13.5Participants in Foreign Countries
The Plan Administrator shall have the authority to adopt such modifications, procedures and subplans as may be necessary or desirable, after consideration of the provisions of the laws of foreign countries in which the Company or its Subsidiaries may operate, to assure the viability of the benefits from Options granted to Optionees employed in such countries and to meet the objectives of the Plan.
13.6No Trust
The Plan is intended to constitute an “unfunded” plan.  Nothing contained herein shall require the Company to segregate any monies or other property, or shares of Common Stock, or to create any trusts, or to make any special deposits for any immediate or deferred amounts payable to any Optionee, and no Optionee shall have any rights that are greater than those of a general unsecured creditor of the Company.
13.7Severability
If any provision of the Plan or any Option is determined to be invalid, illegal or unenforceable in any jurisdiction, or as to any person, or would disqualify the Plan or any Option under any law deemed applicable by the Plan Administrator, such provision shall be construed or deemed amended to conform to applicable laws, or, if it cannot be so construed or deemed amended without, in the Plan Administrator’s determination, materially altering the intent of the Plan or the Option, such provision shall be stricken as to such jurisdiction, person or Option, and the remainder of the Plan and any such Option shall remain in full force and effect.
13.8Choice of Law
The Plan and all determinations made and actions taken pursuant hereto, to the extent not otherwise governed by the laws of the United States, shall be governed by the laws of the State of Washington without giving effect to principles of conflicts of laws.
SECTION 14. EFFECTIVE DATE
The Plan’s effective date is the date on which it is adopted by the Board.
11Exhibit 10.1

    

    

    AMENDED AND RESTATED EMPLOYMENT AGREEMENT

     

    This amended and restated employment agreement (this “Agreement”) is hereby entered into as of July 25, 2022 by and between Casey’s General Stores, Inc.,
      an Iowa corporation (the “Company”), and Darren M. Rebelez (“Executive”) (each, a “Party”), to become effective as of June 24, 2022 (the “Effective Date”).

     

    WITNESSETH:

     

    WHEREAS, Executive and the Company previously entered into the employment agreement, dated as of May 31, 2019 and effective as of June 24, 2019 (the
      “2019 Agreement”), pursuant to which Executive serves as the Company’s President and Chief Executive Officer;

     

    WHEREAS, the Company wishes to continue uninterrupted Executive’s employment in his role as President and Chief Executive Officer;

     

    WHEREAS, by entering into this Agreement, Executive and the Company desire to amend and restate the 2019 Agreement in its entirety such that, following
      the Effective Date, the 2019 Agreement shall be of no further force or effect; and

     

    WHEREAS, Executive is willing to continue his employment with the Company under the terms hereof and to enter into this Agreement.

     

    NOW THEREFORE, in consideration of the premises and mutual covenants contained herein and for other good and valuable consideration, the receipt of which
      is hereby acknowledged, the Parties hereto agree as follows:

     

    	1.	
            POSITION; REPORTING; RESPONSIBILITIES.

          

     

    1.1          Executive shall
          serve as President and Chief Executive Officer of the Company during the Term (as defined below).  Executive shall at all times report directly to, and be subject to the supervision, control and direction of, the Board of Directors of the Company
          (the “Board”).  Executive shall have the duties, responsibilities and authorities commensurate with the position of chief executive officer of a company of the size and scope of the Company and as assigned to Executive from time to time by the
          Board and not inconsistent with the Bylaws of the Company.  Executive’s principal office shall be the Company’s corporate headquarters in Ankeny, Iowa, subject to necessary travel on the Company’s business.

     

    1.2         During the Term,
          Executive shall devote his full time and attention and give his best efforts and skills to furthering the business and interests of the Company; provided, that the foregoing shall not
          prevent Executive from volunteering his time and efforts on behalf of charitable, civic and professional organizations to the extent it does not interfere or conflict with Executive’s responsibilities under this Agreement.  Except as set forth in
          Exhibit A attached hereto, Executive is not authorized to be a member of a board of another corporation or for-profit organization without the express written approval of the Board; provided that Executive shall be permitted to serve on up to one such board during the Term (with any changes in Executive’s membership of such board remaining subject to the Board’s
          approval prior to such change).

     

    
      
        

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    	2.	
            TERM.

          

     

    The term of employment under this Agreement shall commence as of the Effective Date and shall continue through the third anniversary of the Effective
      Date unless sooner terminated in accordance with this Agreement, and thereafter as herein provided.  Executive’s term of employment shall automatically renew for subsequent one-year periods, the first of which would begin on June 24, 2025, subject to
      the terms of this Agreement (including any earlier termination in accordance with this Agreement), unless either Party gives written notice at least six (6) months prior to the expiration of the then existing term of his or its decision not to renew.
      The period during which Executive has been employed pursuant to the terms of the 2019 Agreement and is employed pursuant to the terms of this Agreement is collectively referred to as the “Term”.  For the avoidance of doubt, the Parties agree that the
      Term did not expire as a result of entry into this Agreement.

     

    	3.	
            COMPENSATION.

          

     

    3.1         Base Salary.  The Company shall pay Executive a base salary during the Term at an annual rate of One Million One-Hundred and Fifty Thousand Dollars ($1,150,000) (the “Base Salary”), less
          applicable deductions and tax withholdings, payable in accordance with the standard payroll practices of the Company.  During the Term, the Base Salary shall be reviewed annually and may be
          increased by the Board at any time and from time to time as the Board may determine to be appropriate, in its reasonable discretion.

     

    3.2         Annual Bonus.  Executive shall be eligible to receive an annual bonus (the  “Annual Bonus”) in respect of each fiscal year of the Company ending during the Term, with a target bonus
          opportunity equal to 150% of Executive’s Base Salary earned by Executive in respect of such fiscal year and a maximum bonus opportunity equal to 200 % of such target bonus opportunity, subject to the achievement of performance goals as determined
          by the Compensation Committee of the Board (the “Compensation Committee”).  All Annual Bonuses payable to Executive shall be determined and paid as soon as practicable following the end of the applicable fiscal year and in any event no later than
          July 15th of the calendar year following the fiscal year for which such bonus is earned and payable.  During the Term, the Annual Bonus target opportunity shall be reviewed annually and may be increased by the Board at any time and from time to
          time as the Board may determine to be appropriate, in its reasonable discretion.

     

    3.3         Annual LTI Award.

     

    Subject to approval of the Board or the Compensation Committee and Executive’s continued employment on the applicable grant date, Executive shall be eligible to receive an
      annual equity award with a target grant date value equal to Six Million One-Hundred and Twenty-Five Thousand Dollars ($6,125,000) in respect of each fiscal year of the Company during the Term beginning in fiscal year 2023 (the “Annual LTI Award”). 
      Annual LTI Awards shall generally be subject to terms and conditions applicable to the Company’s other senior executives, and each Annual LTI Award shall be subject to and governed in all respects by the terms of the award agreement between Executive
      and the Company entered into with respect to such award.  Annual LTI Awards shall be made in accordance with the Company’s normal annual grant cycle.  Executive acknowledges that Executive previously received an Annual LTI Award in respect of fiscal
      year 2022.  During the Term, the target Annual LTI Award shall be reviewed annually and may be increased by the Board at any time and from time to time as the Board may determine to be appropriate, in its reasonable discretion.  The Parties
      acknowledge and agree that the Make-Whole Award (as defined in the 2019 Agreement) vested in full on or before the Effective Date.

     

    
      
        

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    	4.	
            EMPLOYEE BENEFITS.

          

     

    4.1         Benefits.  Except as set forth in Section 7.4 herein, during the Term and subject to all eligibility requirements, and to the extent permitted by law, Executive shall have the opportunity to
          participate in all incentive, savings, retirement, welfare and other employee benefit plans, practices, policies and programs generally available to the Company’s employees in accordance with the provisions thereof as in effect from time to time,
          including the annual incentive plans and bonus pools established by the Compensation Committee; medical, prescription and dental insurance coverages; group life and accidental death and travel accident insurance coverages; holidays and vacations;
          401(k) and deferred compensation plans and programs; short-term and long-term disability plans; and other fringe benefits as may be in effect from time to time.

     

    4.2         Car Allowance.  During the Term, Executive shall receive a car allowance in accordance with the Company’s policies and procedures, as in effect from time to time, which as of the date hereof
          provide for a monthly cash payment of $1,500.

     

    	5.	
            LIFE INSURANCE BENEFITS.

          

     

    During the Term, the Company shall continue to maintain in full force and effect at its own expense a ten-year level premium term life insurance policy with a death benefit
      of One Million Dollars ($1,000,000) that insures the life of Executive and is payable upon the death of Executive to a beneficiary designated by Executive (the “Policy”).  The Company shall execute such documents as may be necessary or advisable to
      assign the ownership of such Policy to Executive upon the expiration of the Term.

     

    	6.	
            EXPENSE REIMBURSEMENTS.

          

     

    During the Term, Executive shall be entitled to receive prompt reimbursement from the Company for all reasonable, out-of-pocket expenses incurred by him (in accordance with
      policies and procedures established by the Company), in connection with his performing services hereunder, provided Executive properly accounts therefor.

     

    	7.	
            TERMINATION OF EMPLOYMENT.

          

     

    7.1         Death.  In the event of the death of Executive during the Term (other than within twenty-four (24) months following a Change of Control (as defined below)), this Agreement shall terminate
          and all obligations of the Company to Executive shall cease as of the date of death, with the exception of (a) all rights to advancement and indemnification in respect of Executive’s service as a director or officer of the Company or any of its
          subsidiaries, which shall continue without regard to the termination of this Agreement or Executive’s employment with the Company, and (b) those obligations accrued or earned and vested (if applicable) by Executive as of the date of death,
          including for this purpose Executive’s full Base Salary through the date of Executive’s termination at the rate then in effect, plus any compensation previously deferred by Executive (together with any accrued interest thereon) and not yet paid
          by the Company, any accrued vacation pay not yet paid by the Company, any entitlement Executive has pursuant to Section 5 to have the Policy assigned to him (or his beneficiaries) and any reimbursements to which Executive is entitled pursuant to
          Section 6 (those obligations described in this clause (b), together, the “Accrued Obligations”), all of which shall be paid to Executive’s estate or beneficiary, as applicable, in a lump sum in cash within thirty (30) calendar days following the
          date of Executive’s death.  All rights and benefits of Executive under any stock option, restricted stock, and/or restricted stock units award agreements, or arising under the benefit plans and programs of the Company in which Executive is then a
          participant, or which are otherwise available to surviving family members of Company employees (collectively, “Benefit Plans and Agreements”), shall be provided as determined in accordance with the terms and provisions of such agreements, plans
          and programs.

     

    
      
        

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    7.2         Disability.  In the event of Executive’s Disability (as defined below), the Company may give Executive written notice that this Agreement shall terminate effective on the 30th calendar day
          following the date of such notice due to Executive’s Disability.  In such event, Executive’s employment with the Company shall terminate effective on the 30th day after receipt of such notice by Executive; provided that, within the thirty (30) days after such receipt, Executive shall not have returned to full-time performance of Executive’s duties.  In such event, (a) all obligations of the Company to Executive shall cease
          on the date specified in the notice, other than the payment of the Accrued Obligations, which shall be paid to Executive in a lump-sum cash payment within thirty (30) calendar days following the date of such termination, and all rights to
          advancement and indemnification in respect of Executive’s service as a director or officer of the Company or any of its subsidiaries, which shall continue without regard to the termination of this Agreement or Executive’s employment with the
          Company, and (b) Executive shall thereafter be entitled to receive disability and other benefits payable under the Company’s long-term disability insurance coverage.  All rights and benefits of Executive under any Benefit Plans and Agreements, or
          which are otherwise available to disabled employees and/or their family members, shall be provided as determined in accordance with the terms and provisions of such agreements, plans and programs.  For purposes of this Agreement, “Disability”
          means (i) permanent and total disability as determined under the Company’s long-term disability plan applicable to Executive or (ii) if there is no such plan applicable to Executive, a disability which, at least twenty-six (26) weeks after its
          commencement, is determined to be total and permanent by a physician selected by the Company or its insurers; provided, however,
          that if any amounts payable under this Agreement constitute deferred compensation (within the meaning of Section 409A of the Internal Revenue Code, including current and future guidance and regulations interpreting such provisions (collectively,
          “Code Section 409A”)), and payment of such amount is intended to be triggered pursuant to Code Section 409A(a)(ii) by Executive’s disability, such term shall mean that Executive is considered “disabled” within the meaning of Code Section 409A.

     

    
      
        

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    7.3         By Company For Cause.  The Company may terminate Executive’s employment, remove him as an officer of the Company and terminate this Agreement at any time for “Cause” (as defined below).  In
          the event of such termination for Cause, all obligations of the Company to Executive shall cease, other than (i) the payment of the Accrued Obligations through the date of such termination for Cause, which shall be paid to Executive in a lump-sum
          cash payment within thirty (30) calendar days following the date of such termination, and (ii) all rights to advancement and indemnification in respect of Executive’s service as a director or officer of the Company or any of its subsidiaries,
          which shall continue without regard to the termination of this Agreement or Executive’s employment with the Company.  Any rights and benefits Executive may have under any Benefit Plans and Agreements shall be determined in accordance with the
          terms and provisions of such agreements, plans and programs.  The term “Cause” shall mean (a) Executive’s willful misconduct in the performance of Executive’s duties, including material violation of any Company policy, this Agreement or any other
          agreement between Executive and the Company or its subsidiaries, including the restrictive covenants to which Executive is subject under Section 8 hereof; provided that, in the event
          such violation is capable of cure (as determined by the Company in its reasonable discretion), Executive shall have a period of 30 days in which to cure such violation after receipt of written notice from the Company, and if such violation is so
          cured, then “Cause” shall be deemed not to exist; (b) embezzlement, fraud or dishonesty by Executive; (c) commission by Executive of a felony; or (d) other personal or professional conduct that can reasonably be expected to bring public
          embarrassment or disgrace to the Company or its subsidiaries.

     

    7.4         By Company Without Cause or by Executive for Good Reason (Other Than Within Twenty-Four (24) Months Following a Change of Control).  The severance benefits to which Executive is entitled
          under this Section 7.4 shall be in lieu of severance benefits under any severance plan of the Company, as may be in place from time to time, in which Executive is otherwise eligible to participate during the Term.

     

    (a)          Without Cause.  The other provisions of this Agreement notwithstanding, the Company may terminate Executive’s employment, remove him as an officer and terminate this Agreement at any time
          for whatever reason it deems appropriate, without Cause and with or without prior notice.  In the event of such a termination, all rights and benefits of Executive under any Benefit Plans and Agreements shall be determined in accordance with the
          provisions of such agreements, plans and programs.  Furthermore, in the event of any termination of Executive’s employment by the Company without Cause during the Term (other than within twenty-four (24) months following a Change of Control),
          subject, in the cases of clauses (ii), (iii), (iv) and (v) of this Section 7.4(a), to Executive satisfying the Severance Condition (as defined below) pursuant to Section 7.5, Executive shall be entitled to:

     

    	

          	i.	
            any Accrued Obligations through the date of such termination, which shall be paid to Executive in a lump-sum cash payment within thirty (30) calendar days following the date of
              such termination, and all rights to advancement and indemnification in respect of Executive’s service as a director or officer of the Company or any of its subsidiaries, which shall continue without regard to the termination of this Agreement
              or Executive’s employment with the Company;

          

     

    	

          	ii.	
            severance pay equal to twenty-four (24) months’ Base Salary, which shall be payable to Executive in a lump-sum cash payment within seventy (70) calendar days following the date
              of such termination;

          

     

    
      
        

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          	iii.	
            accelerated vesting of a pro-rata portion of any then-outstanding unvested, time-based restricted stock unit award granted to Executive pursuant to an Annual LTI Award, which
              portion shall be deemed to be a number of shares equal to the product of (i) the number of shares remaining unvested and subject to such restricted stock unit award as of the termination date and (ii) a fraction, the numerator of which is the
              number of calendar days elapsed from (1) the latest to occur of (x) the grant date of such award and (y) the day immediately following the most recent scheduled vesting date to occur under such award prior to the termination date through (2)
              the termination date, and the denominator of which is the aggregate number of calendar days in the period from the latest of the foregoing clauses (x) and (y) through the scheduled vesting date under such award immediately following the
              termination date;

          

     

    	

          	iv.	
            a prorated Annual Bonus for the fiscal year of such termination, which shall be determined by prorating the Annual Bonus at the target bonus opportunity level for such fiscal
              year (as described in Section 3.2) for the portion of such fiscal year during which Executive was employed and which such amount shall be paid in a lump sum cash payment within seventy (70) calendar days following the date of such termination
              (together with the amount described in clauses (ii) and (iii) of this Section 7.4(a), the “Severance Pay”); and

          

     

    	

          	v.	
            a monthly cash payment equal to the monthly COBRA premium Executive would be required to pay to continue group health coverage as in effect on the date of such termination for
              Executive and his eligible covered dependents for a period of twenty-four (24) months following the date of such termination (collectively, the “Benefits Continuation Payments”); provided that any monthly payments that would otherwise have
              been paid prior to satisfaction of the Release Period shall be paid in a lump sum within ten (10) days after the Release Period has been satisfied.

          

     

    (b)          For Good Reason.  Executive may terminate his employment at any time during the Term for Good Reason (as defined below), subject to the terms of this Section 7.4(b).  In the event of any
          termination of Executive’s employment by Executive for Good Reason during the Term pursuant to this Section 7.4(b) (other than within twenty-four (24) months following a Change of Control), Executive shall receive all payments and benefits
          described in Section 7.4(a), and Executive shall be subject to all obligations and conditions set forth in Section 7.4(a) in respect of a Good Reason termination by Executive, including in respect of Executive satisfying the Severance Condition
          pursuant to Section 7.5.  The term “Good Reason” shall mean any of the following actions taken by the Company without Executive’s consent:  (i) a material diminution of Executive’s title, authority, duties or responsibility; (ii) a reduction in
          Executive’s Base Salary, Annual Bonus target opportunity or target Annual LTI Award; (iii) requiring that Executive report to an individual or entity other than the Board; or (iv) requiring that Executive relocate Executive’s primary workplace
          more than fifty (50) miles from the workplace in effect on the Effective Date; provided, however, that the occurrence of any of the events described in clauses (i) through (iv) above
          shall not constitute Good Reason unless (x) Executive provides the Company with written notice within sixty (60) calendar days after the initial occurrence of any of such event that Executive believes that such event constitutes Good Reason; (y)
          the Company thereafter fails to cure any such event within thirty (30) calendar days after receipt of such notice; and (z) Executive’s date of termination as a result of such event occurs within thirty (30) calendar days after the expiration of
          the cure period.

     

    
      
        

      7

    

    7.5         Conditions for Severance Pay and Benefits Continuation Payments.  Notwithstanding anything above to the contrary, Executive agrees that his entitlement to the Severance Pay and Benefits
          Continuation Payments under Section 7.4 shall be contingent upon (a) Executive executing a general release of any claims related to his employment and termination hereunder, with such release to be substantially in the form attached hereto as Exhibit B, subject to updates required by applicable law, and such release becoming effective and irrevocable no later than the sixtieth (60th) calendar date after Executive’s date of
          termination from the Company (or such longer period as may be required by applicable law) (the “Release Period”) and (b) Executive strictly complying with the terms of this Agreement and any other written agreements between the Company and
          Executive, including Executive’s compliance with the obligations under Section 8 below that survive the termination of Executive’s employment (collectively, the “Severance Condition”).  Executive further agrees that the Severance Pay and Benefits
          Continuation Payments shall be full and adequate compensation to Executive for all damages Executive may suffer as a result of the termination of his employment without Cause or for Good Reason.

     

    7.6         Change of Control.  In the event of a “Change of Control” of the Company, as such term is defined in the Company’s 2018 Stock
          Incentive Plan, Executive shall thereupon become entitled to all of the rights, payments and benefits set forth in the Change of Control Agreement between Executive and the Company, dated as of May 31, 2019 and effective as of June 24, 2019 (the
          “Change of Control Agreement”), and this Agreement shall automatically terminate, and the Company shall have no further obligation to Executive under this Agreement; provided, however, that (a) Sections 5 and 8 hereof shall continue in effect and be binding on the Company and Executive following any “Change of Control” and (b) all rights to advancement and
          indemnification in respect of Executive’s service as a director or officer of the Company or any of its subsidiaries shall continue in effect following any “Change of Control”.

     

    7.7         Voluntary Termination.  Executive may terminate his employment of his own volition and without Good Reason at any time prior to the end of the Term upon thirty (30) calendar days’ prior
          written notice to the Company, unless waived in writing by the Company.  Such termination shall constitute a voluntary termination, and in such event the Company’s only obligation to Executive shall be to pay all Accrued Obligations to Executive
          through the date of such termination in a lump-sum cash payment within thirty (30) calendar days following the date of such termination, and all rights to advancement and indemnification in respect of Executive’s service as a director or officer
          of the Company or any of its subsidiaries, which shall continue without regard to the termination of this Agreement or Executive’s employment with the Company.  All rights and benefits Executive may have under any Benefit Plans and Agreements
          shall be determined in accordance with the terms and provisions of such agreements, plans and programs.

     

    
      
        

      8

    

    7.8         Expiration of Term.  Any termination of Executive’s employment at the end of the then-current Term due to a notice of non-renewal provided by either Party pursuant to Section 2 of this
          Agreement shall be considered an expiration of the Agreement governed by the terms of this Section 7.8. Under such circumstances, Executive’s employment will cease, Executive will be removed as an officer of the Company and Executive’s
          resignation as a Director will become effective and all obligations of the Company to Executive shall cease other than as provided herein. Solely in the event that Executive’s employment terminates because the Term is not renewed due to the
          Company giving notice of non-renewal of the Term, such termination shall be treated as a termination by the Company without Cause, and Executive shall be entitled to the severance benefits described in Section 7.4 or the Change of Control
          Agreement, as applicable.  Notwithstanding the foregoing, in the event that Executive’s employment terminates because the Term is not renewed due to (i) the Company giving notice of non-renewal of the Term due to Cause, then such termination
          shall be deemed a termination for Cause and treated in accordance with Section 7.3 or (ii) Executive giving notice of non-renewal of the Term due to Good Reason, then such termination shall be deemed a resignation for Good Reason and treated in
          accordance with Section 7.4(b).

     

    7.9         Resignation Upon Termination.  Executive acknowledges that a condition precedent to his being appointed to the position of President and Chief Executive Officer and receiving any of the
          compensation or benefits set forth in this Agreement was his execution and delivery to the Company of an irrevocable letter of resignation from the Board and all other positions and offices of the Company and its subsidiaries.  Such letter
          provides that if Executive’s employment ends for any reason, Executive tenders his resignation from the Board and all other positions and offices of the Company and its subsidiaries simultaneously with such termination of employment.  The Board
          shall have unfettered discretion to accept or not accept such resignation.

     

    7.10       Survival following Termination.  Executive acknowledges and agrees that the obligations of Executive set forth under Section 8 herein shall remain in full force and effect following
          termination of this Agreement and Executive’s termination of employment for any reason (other than in the event of Executive’s death).

     

    	8.	
            COVENANTS OF EXECUTIVE.

          

     

    8.1         Executive shall
          promptly disclose to the Company and assign to the Company his entire right, title, and interest in any invention, idea, or work, whether patentable or not or copyrightable or not, which is conceived or made solely or jointly by him while
          employed by the Company and which relates in any manner to the actual or reasonably anticipated business, research, or other activities of the Company or which is suggested by or results from any task assigned to or performed by Executive on
          behalf of the Company.  Executive further agrees that he promptly shall disclose to the Company any and all inventions, ideas, or works covered by this paragraph, and that he, if requested, shall promptly execute a specific assignment of title to
          the Company for such inventions, ideas, or works, and that he shall take all reasonable actions necessary to enable the Company to secure patent, copyright or other protection in the United States and in foreign countries.  If the Company is
          unable because of Executive’s mental or physical incapacity to secure Executive’s signature to apply for or to pursue any application for any United States or foreign letters patent or copyright registrations covering inventions and original
          works of authorship belonging to the Company hereunder, then Executive hereby irrevocably designates and appoints the Company and its duly authorized officers and agents as his agent and attorney in fact, to act for and in his behalf to execute
          and file any such applications and to do all other lawfully permitted acts to further the prosecution and issuance of letters patent or copyright registrations thereon with the same legal force and effect as if executed by him.  Executive hereby
          waives and quitclaims to the Company any and all claims, of any nature whatsoever, that he may hereafter have for infringement of any patents or copyright resulting from any such application for letters patent or copyright registrations belonging
          to the Company hereunder.

     

    
      
        

      9

    

    8.2         As used in this
          Agreement, the term “Confidential Information” includes so much of the Company’s information, knowledge, inventions, discoveries, ideas, research, methods, practices, processes, systems, formulae, designs, concepts, products, projects,
          improvements and developments that have unique and special value to the Company, and that are not generally known to the public or its competitors.  The term shall include but not be limited to (a) trade secrets, as defined by law; (b)
          information relating to possible store locations or acquisitions, current or possible new products or services to be offered for sale in the Company’s stores, operating methods or procedures used in the business of the Company, in each case, that
          are not generally known to the public, other than as a result of Executive’s breach of this Agreement; (c) financial condition, profits, and indebtedness of the Company; (d) people and entities with whom the Company has existing or prospective
          business and employment relationships and information the Company has or may receive regarding those relationships, in each case, that are not generally known to the public, other than as a result of Executive’s breach of this Agreement; (e)
          information the Company has received from others that carries an obligation to treat it as confidential or proprietary; and (f) other matters or details not otherwise publicly disclosed, including disclosures in the Company’s filings with the
          U.S. Securities and Exchange Commission (“SEC”) whether in the form of memoranda, reports, computer software and data banks, customer lists, employee lists, books, records, financial statements, manuals, papers, contracts or strategic plans.

     

    8.3         Executive
          acknowledges that the Company competes with other organizations that are or could be located in any of the states in which the Company does business.  Executive further acknowledges that in the course of the Company’s business, it has amassed a
          significant body of Confidential Information, which has been acquired over a number of years and at great expense, to which Executive will be provided access in order to perform his duties at the Company, and that Executive will add to the
          Confidential Information during the course of his employment.  Executive further acknowledges that the Confidential Information is and shall remain the sole and exclusive property of the Company, and that the Company has proprietary interests in
          maintaining the secrecy of its Confidential Information.  Executive further acknowledges that as a result of the services to be rendered to the Company hereunder, Executive will be brought into close contact with Confidential Information of the
          Company, its subsidiaries and affiliates that is not readily available to the public.

     

    8.4         Executive shall
          hold in a fiduciary capacity for the benefit of the Company all Confidential Information of the Company or any of its subsidiaries, and their respective businesses, which shall have been obtained by Executive during Executive’s employment by the
          Company or any of its subsidiaries and which shall not be or become public knowledge (other than by acts by Executive or his representatives in violation of this Agreement).  Specifically, during his employment, Executive shall exercise the
          utmost care to safeguard the Confidential Information and, except as required or appropriate in the proper performance of his duties to the Company, shall only Disclose (as defined below) the Confidential Information as directed or permitted by
          the Company and in order to further the Company’s best interests, as required to comply with a validly issued court order or administrative subpoena.  Except as required for the proper performance of his duties, Executive shall not copy any
          documents, data, tapes, or other media containing the Confidential Information or remove any of the Confidential Information.  During his employment, Executive shall, upon the request of the Company, immediately return any and all of the
          Confidential Information in Executive’s possession, custody, or control.  For purposes of this provision, “Disclose” shall mean to directly or indirectly divulge, convey, reproduce, summarize, reformat, show, discuss, use, or tangibly possess in
          verbal, written, or electronic form, the Confidential Information.

     

    
      
        

      10

    

    8.5         Upon termination of
          the employment relationship between Executive and the Company, regardless of the reason, Executive shall immediately return to the Company any and all Confidential Information within Executive’s possession, custody, or control.  In addition,
          Executive shall immediately return to the Company all Company-owned property, including keys, passwords, passcards, identification cards, credit cards, vehicles, computers, printers, pagers, smart phones and PDAs.  In addition, upon termination
          of the employment relationship between Executive and the Company, regardless of the reason, without the prior written consent of the Company, Executive shall not ever Disclose any Confidential Information other than to those designated by the
          Company, or except as may be required to comply with a validly issued court order or administrative subpoena or as contemplated under Section 8.8 below.

     

    8.6         Executive
          acknowledges that part of the information included in Confidential Information in this Section 8 includes information regarding the Company’s personnel (including information about salaries, duties, qualifications, performance levels, and terms
          of compensation of other employees), customers and suppliers.  Executive agrees that during the time Executive is employed by the Company and for a period of two (2) years following the date of the termination of Executive’s employment
          relationship with the Company, regardless of the reason for the termination, Executive shall not directly or indirectly (such as by providing information or assistance to any other person or entity) (i) encourage any person who was an employee of
          the Company during the time Executive was employed by the Company to leave the employ of the Company, or (ii) interfere with, disrupt or attempt to disrupt, any existing relationship, contractual or otherwise, between the Company, its
          subsidiaries or affiliated entities, and any customer, client, supplier or agent of the Company.

     

    8.7         Executive agrees
          that during the time Executive is employed by the Company and for a period of two (2) years following the date of termination of the employment relationship between Executive and the Company, regardless of the reason for the termination,
          Executive shall not, directly or indirectly, own, manage, operate, control be employed by (whether as an employee, consultant, independent contractor or otherwise, and whether or not for compensation) or render services to any person, firm,
          corporation or other entity, in whatever form, that is a competitor of the Company without the prior written consent of the Company, which may be granted or withheld by the Company in its sole and absolute discretion.  Notwithstanding the
          foregoing, nothing herein shall prohibit Executive from owning not more than 2% of the equity securities of a publicly traded corporation engaged in a business that is a competitor of the Company or any of its subsidiaries, so long as the
          Executive (a) has no active participation in the business of such corporation and (b) is not a controlling person of, or a member of a group which controls, such publicly traded corporation.  For purposes of this Section 8.7, the word
          “competitor” means any person or entity engaged, directly or indirectly through a subsidiary or affiliate, in the business of operating retail “convenience stores”; gasoline stations, travel plazas or other vehicle fuel outlets; or “quick serve”
          pizza restaurants or other “fast food” pizza outlets, in each case, in two or more states, at least one of which is a state in which the Company has operations or that Executive knows is a state in which the Company is actively considering the
          establishment of operations.

     

    
      
        

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    8.8         (a) This Agreement
          is not intended to limit or restrict, and shall not be interpreted in any manner that limits or restricts, Executive from exercising any legally protected whistleblower rights (including pursuant to Section 21F of the Securities Exchange Act of
          1934 (“Section 21F”)) or receiving an award for information provided to any government agency under any legally protected whistleblower rights. Notwithstanding anything in this Agreement to the contrary, nothing in or about this Agreement
          prohibits Executive from:  (i) filing and, as provided for under Section 21F, maintaining the confidentiality of a claim with the SEC; (ii) providing Confidential Information to the SEC, or providing the SEC with information that would otherwise
          violate this Section 8, to the extent permitted by Section 21F; (iii) cooperating, participating or assisting in an SEC investigation or proceeding without notifying the Company; or (iv) receiving a monetary award as set forth in Section 21F.

     

    (b)  Executive acknowledges that Executive has been notified that under the Defend Trade Secrets Act:  (i) no individual will be held criminally or
      civilly liable under federal or state trade secret law for disclosure of a trade secret (as defined in the Economic Espionage Act) that is: (x) made in confidence to a federal, state, or local government official, either directly or indirectly, or to
      an attorney, and made solely for the purpose of reporting or investigating a suspected violation of law, or (y) made in a complaint or other document filed in a lawsuit or other proceeding, if such filing is made under seal so that it is not made
      public; and (ii) an individual who pursues a lawsuit for retaliation by an employer for reporting a suspected violation of the law may disclose the trade secret to the attorney of the individual and use the trade secret information in the court
      proceeding, if the individual files any document containing the trade secret under seal, and does not disclose the trade secret, except as permitted by court order

     

    8.9         Upon termination of
          the employment relationship between Executive and the Company, regardless of the reason, Executive shall cooperate with and respond to the Company’s reasonable requests for information or follow-up assistance pertaining to work Executive
          performed on behalf of the Company or its subsidiaries or other matters in which Executive was involved or of which he was otherwise aware, including any investigation, administrative proceeding or litigation relating to any matter that occurred
          prior to the date of his termination of employment from the Company. Executive’s cooperation shall include but not be limited to making himself available for interviews or testimony if reasonably requested by the Company’s legal department. The
          Company shall reimburse Executive for any reasonable expenses incurred by Executive in connection with such requests or assistance if supported by required documentation (including Executive’s reasonable attorney fees and expenses incurred in
          connection with such cooperation and assistance), and shall use commercially reasonable efforts to ensure that any such requested interviews or testimony do not interfere with Executive’s subsequent employment.   Executive shall be free to choose
          his own counsel. No payment made to Executive hereunder is intended to be or shall be interpreted as a payment for particular testimony or assistance with respect to the legal matters specified above or any other matter. Executive understands
          that he is to provide his good faith assistance and agrees to provide truthful responses to any requests for information or testimony.

     

    
      
        

      12

    

    8.10       Upon termination of
          the employment relationship between Executive and the Company, regardless of the reason, Executive agrees that he shall not knowingly encourage, counsel, or assist any attorneys or their clients in the presentation or prosecution of any disputes,
          differences, grievances, claims, charges, or complaints by any third party, other than a law enforcement or authorized regulatory agency of the United States Government or any state or local government, against the Company or its subsidiaries. 
          Executive agrees that, in the event he is subpoenaed by any person or entity (including any government agency) to give testimony (in a deposition, court proceeding or otherwise) which in any way relates to Executive’s employment by the Company or
          its subsidiaries, to the extent reasonably practicable and subject to all applicable legal requirements, Executive shall give prompt notice of such request to the Company pursuant to Section 14 and will make no disclosure until the Company and/or
          its subsidiaries have had a reasonable opportunity to contest the right of the requesting person or entity to such disclosure. Executive shall notify any such person or entity of Executive’s obligations with respect to confidentiality under this
          Agreement, and any other applicable agreements, and Executive shall continue to honor such obligations in the course of responding to law enforcement or regulatory agency inquiries, as lawfully permitted and subject to the foregoing.

     

    8.11       Executive agrees
          that the remedy at law for any breach or threatened breach of any covenant contained in this Section 8 may be inadequate and that the Company, in addition to such other remedies as may be available to it, in law or in equity, shall be entitled to
          injunctive relief without bond or other security.

     

    8.12       In addition to any
          other remedies that may be available to it under this Agreement, in the event of any breach by Executive of this Section 8, Executive shall forfeit without payment therefor all outstanding equity awards held by Executive, including any
          outstanding awards granted pursuant to Section 3.3 hereof, and any unpaid portion of the Severance Pay and Benefits Continuation Payments; provided that, in the event such breach is
          capable of cure (as determined by the Company in its reasonable discretion), Executive shall have a period of 30 days in which to cure such breach after receipt of written notice from the Company, and if such breach is so cured, then a breach
          shall be deemed not to have occurred.

     

    8.13       Although the
          obligations and restrictions contained in this Section 8 are considered by the Parties hereto to be fair and reasonable in the circumstances, it is recognized that restrictions of such nature may fail for technical reasons, and accordingly it is
          hereby agreed that if any of such restrictions shall be adjudged to be void or unenforceable for whatever reason, but would be valid if part of the wording thereof were deleted, or the period thereof reduced or the area dealt with thereby reduced
          in scope, the obligations and restrictions contained in this Section 8 shall be enforced to the maximum extent permitted by law, and the Parties consent and agree that such scope or wording may be accordingly judicially modified in any proceeding
          brought to enforce such restrictions.

     

    
      
        

      13

    

    8.14       Notwithstanding that
          Executive’s employment hereunder may expire or be terminated as provided in Sections 2 or 7 above, this Agreement shall continue in full force and effect insofar as is necessary to enforce the covenants and agreements of the Company and the
          Executive, including Executive’s obligations contained in this Section 8.  In addition, for purposes of this Section 8, the Company shall mean the Company and its subsidiaries.

     

    8.15       Executive
          acknowledges and agrees that Executive is subject to the policies and procedures of the Company, as in effect from time to time, including the Code of Business Conduct and Ethics, the Company’s stock ownership policy and the Company’s clawback
          policy related to incentive compensation.

     

    	9.	
            SUCCESSORS AND ASSIGNS.

          

     

    9.1         Assignment by the Company.  This Agreement shall inure to the benefit of and shall be binding upon the successors and assigns of
          the Company.

     

    9.2         Assignment by Executive.  Executive may not assign this Agreement or any part thereof; provided, however, that nothing herein shall preclude one or more beneficiaries of Executive from receiving any amount that may be payable following the occurrence of his legal incompetency or his death and shall not
          preclude the legal representative of his estate from receiving such amount or from assigning any right hereunder to the person or persons entitled thereto under his will or, in the case of intestacy, to the person or persons entitled thereto
          under the laws of the intestacy applicable to his estate.

     

    	10.	
            GOVERNING LAW; JURISDICTION.

          

     

    This Agreement and any disputes arising hereunder or related hereto shall be governed by, and for all purposes shall be construed in accordance with, the laws of the State
      of Iowa, without regard to the principles or rules of conflict of laws thereof.  Unless the Parties agree otherwise, any legal action, suit or proceeding against either Party arising out of or in connection with this Agreement or disputes relating
      hereto shall be brought exclusively in the United States District Court for the Southern District of Iowa or, if such court does not have subject matter jurisdiction, the state courts of Iowa located in Des Moines, Iowa.  The Parties hereby consent
      and agree to submit to the jurisdiction of the State of Iowa for purposes of enforcing this Agreement.

    

    

    	11.	
            SECTION 409A.

          

     

    This Agreement is intended to satisfy, or be exempt from, the requirements of Code Section 409A and should be interpreted accordingly. For purposes of Code Section 409A,
      any installment payments provided under this Agreement shall each be treated as a separate payment. Notwithstanding anything to the contrary in this Agreement, if any amount payable pursuant to this Agreement constitutes a deferral of compensation
      subject to Code Section 409A, and if such amount is payable as a result of Executive’s “separation from service” at such time as Executive is a “specified employee” (within the meaning of those terms as defined in Code Section 409A), then no payment
      shall be made, except as permitted under Code Section 409A, prior to the first business day after the date that is six (6) months after Executive’s separation from service.  To the extent necessary to comply with Code Section 409A, if the Release
      Period spans two (2) calendar years, payment of the Severance Pay described in Section 7.4 hereof shall be made in the second calendar year, and payment of the Benefits Continuation Payments described in Section 7.4 shall commence in the second
      calendar year. Except for any tax amounts withheld by the Company from the payments or other consideration hereunder and any employment taxes required to be paid by the Company, Executive shall be responsible for payment of any and all taxes owed in
      connection with the consideration provided for in this Agreement.  To the extent required to avoid any accelerated taxation or penalties under Code Section 409A, amounts reimbursable to Executive under this Agreement shall be paid on or before the
      last day of the year following the year in which the expense was incurred and the amount of expenses eligible for reimbursements (and in-kind benefits provided) during any one year may not affect amounts reimbursable or provided in any subsequent
      year.  Executive shall be solely responsible for the payment of any taxes and penalties incurred under Code Section 409A.

     

    
      
        

      14

    

    	12.	
            ENTIRE AGREEMENT.

          

     

    This Agreement and those plans and agreements referenced herein, including the Change of Control Agreement, contain all the understandings and representations between the
      Parties hereto pertaining to the subject of the employment of Executive by the Company and supersede all undertakings, term sheets and agreements (including the 2019 Agreement), whether oral or in writing, if any there be, previously entered into by
      them with respect thereto.

     

    	13.	
            AMENDMENT OR MODIFICATION; WAIVER.

          

     

    No provision of this Agreement may be amended or modified unless such amendment or modification is agreed to in writing, signed by Executive and by a duly authorized
      officer of the Company and approved in advance by the Board.  Except as otherwise specifically provided in this Agreement, no waiver by either Party hereto of any breach by the other Party of any condition or provision of the Agreement to be
      performed by such other Party shall be deemed a waiver of a similar or dissimilar provision or condition at the same or any prior or subsequent time.

     

    	14.	
            NOTICES.

          

     

    Any notice to be given hereunder shall be in writing and shall be deemed to have been duly given if delivered personally or sent by overnight mail, such as Federal Express,
      addressed to the Party concerned at the address indicated below or to such other address as such Party may subsequently give notice of hereunder in writing:

     

    If to Company:

     

    Casey’s General Stores, Inc.

    One Convenience Boulevard

    Ankeny, Iowa 50021

    Attn:  General Counsel

    

    

    If to Executive:

     

    Darren M. Rebelez

    (at Executive’s primary address on the books and records of the Company from time to time)

     

    
      
        

      15

    

    	15.	
            SEVERABILITY.

          

     

    In the event that any provision or portion of this Agreement shall be determined to be invalid or unenforceable for any reason, the remaining provisions or portions of this
      Agreement shall be unaffected thereby and shall remain in full force and effect to the fullest extent permitted by law.

     

    	16.	
            WITHHOLDING.

          

     

    Anything to the contrary notwithstanding, all payments required to be made by the Company hereunder to Executive or his beneficiaries, including his estate, shall be
      subject to withholding and deductions as the Company may reasonably determine it should withhold or deduct pursuant to any applicable law or regulation.  In lieu of withholding or deducting, such amounts, in whole or in part, the Company may, in its
      sole discretion, accept other provision for payment as permitted by law, provided it is satisfied in its sole discretion that all requirements of law affecting its responsibilities to withhold such taxes have been satisfied.

     

    	17.	
            SURVIVORSHIP.

          

     

    The respective rights and obligations of the Parties hereunder shall survive any termination of this Agreement to the extent necessary to the intended preservation of such
      rights and obligations.

     

    	18.	
            HEADINGS.

          

     

    Headings of the sections of this Agreement are intended solely for convenience and no provision of this Agreement is to be construed by reference to the title of any
      section.  The words “include”, “includes” and “including” shall be deemed to be followed by the phrase “without limitation”.

     

    	19.	
            COUNTERPARTS.

          

     

    This Agreement may be executed in multiple counterparts, each of which shall be deemed an original, and all of which together shall constitute one and the same instrument. 
      Delivery of an executed counterpart of a signature page of this Agreement by facsimile transmission or electronic means (including by “pdf”) shall be effective as delivery of a manually executed counterpart of this Agreement.

     

    	20.	
            KNOWLEDGE AND REPRESENTATION.

          

     

    Executive acknowledges that the terms of this Agreement have been fully explained to him, that Executive understands the nature and extent of the rights and obligations
      provided under this Agreement, and that Executive has had the opportunity and sought such legal counsel in the negotiation and preparation of this Agreement as he has determined to be appropriate.

     

    IN WITNESS WHEREOF, the Parties hereto have executed this Agreement as of the date first set forth above.

     

    
      
        

      16

    

     

      

    [Signature Page Follows]

    

    

    
      
        

    

    	
            DARREN M. REBELEZ

          	

          	
            CASEY’S GENERAL STORES, INC.

          
	 	

          	 
	
            By:

            

          	/s/ Darren M. Rebelez  

            	

          	
            By:

              

          	/s/ H. Lynn Horak

            	 
	
            

            

          	Darren M. Rebelez	

          	
            

            

          	Name:   H. Lynn Horak
	 	 	

          	 	Title:     Chairman of the Board of Directors

    

    

    [Signature Page to Darren M. Rebelez Employment Agreement]

     

      

    
      
        

      
        	
                Exhibit A - 1

              

      

    

     

    EXHIBIT A

     

    EXECUTIVE’S EXISTING BOARD MEMBERSHIPS

     

    	

          	1.	
            Globe Life Inc., Member of Board of Directors

          

    

    

    	

          	2.	
            Children of Fallen Patriots Foundation, Member of Board of Advisors

          

     

      

    
      
        

      
        	Exhibit B - 1  

      

    

    
      EXHIBIT B

    

     

    Form of General Release

     

    [CASEY’S LETTERHEAD]

     

    [DATE]

     

    Darren M. Rebelez

     

    Re:         Separation and General Release

     

    Dear Darren:

     

    This general release agreement (“Release Agreement”) confirms our understanding and agreement with respect to the terms and conditions associated with
      the separation of your employment from Casey’s General Stores, Inc. (“Casey’s” or the “Company”).  Your employment with Casey’s ended on [●].  Your salary or wages, less applicable withholdings and deductions, has been or will be paid in full through
      that date, pursuant to Section 7.4 of the Employment Agreement entered into by you and the Company on July 25, 2022, effective June 24, 2022 (the “Employment Agreement”).

     

    1.           In consideration of the “General Release”
          you provide in Paragraph 2 below (as defined therein) and the other promises and representations you make in this Release Agreement, and subject to your compliance with Section 8 of the Employment Agreement, Casey’s agrees to provide you with the
          Severance Pay and Benefits Continuation Payments (each as defined in the Employment Agreement) under Section 7.4 of the Employment Agreement (collectively, the “Release Pay”).

     

    (a)          You acknowledge and represent that, except
          with regard to the Release Pay, all compensation and benefits due to you by Casey’s, whether by contract or by law, have been paid in full, and you have been provided all rights and benefits to which you are entitled without interference by
          Casey’s, including but not limited to vacation, sick time, paid or unpaid time off, Family and Medical Leave (“FMLA”), accommodation for any disability, and any contractual rights or privileges, and that you have no outstanding claims for any
          compensation or benefits.

     

    (b)          You further acknowledge and represent that
          the consideration provided by Casey’s in this Release Agreement is adequate and satisfactory in exchange for the General Release provided by you in Paragraph 2 below (including subparagraphs a, b, and c) and for the other commitments you make to
          Casey’s in this Release Agreement.

     

    
      (c)          In the event this Release Agreement does
            not take effect (as provided in Paragraph 8), Casey’s shall have no obligation to provide you with the Release Pay described above.

       

        

    

    
      
        

      
        	
                Exhibit B - 2

              

      

    

    2.           General Release:  In exchange for the
          Release Pay set forth in Paragraph 1 above, and other consideration provided to you in this Release Agreement, you hereby agree unconditionally to release, acquit, and forever discharge Casey’s, and all of its parents, subsidiaries, affiliates,
          predecessors, successors, and assigns, and all of their current and former owners, shareholders, general or limited partners, joint venturers, directors, officers, employees, agents, representatives, and attorneys, and any persons acting by,
          through, under, or in concert with any of them, and all successors and assigns thereof (collectively, “Released Parties”) from any and all claims, charges, complaints, demands, liabilities, obligations, promises, agreements, controversies,
          damages, actions, causes of action, suits, rights, entitlements, costs, losses, debts, and expenses (including attorneys’ fees and legal expenses), of any nature whatsoever, whether or not you know about them at the time this Release Agreement
          becomes effective and enforceable, and even if you would not have entered into this Release Agreement had you known about them, which you now have or may later claim to have against the Released Parties, individually or collectively, because of
          any matter, act, omission, transaction, occurrence, or event that has or is alleged to have occurred up to the date you sign this Release Agreement and is related in any way to Casey’s, its operations, your employment with Casey’s, or your
          separation from said employment, other than as set forth in Section 2(c) below (collectively, “Claims”).  You hereby waive any right to receive any benefits or remedial relief as a consequence of any Claims filed with or by the Equal Employment
          Opportunity Commission (the “EEOC”), any other state or federal agency or any other person or entity (governmental or otherwise), including any class or collective action lawsuit or complaint filed by any individual or entity against any of the
          Released Parties (such waiver together with the release in preceding sentence, the “General Release”).  This General Release does not release or waive any rights or claims that may
            arise after the date this Release Agreement is executed.

     

    (a)          Without limiting the General Release
          above, you also knowingly and voluntarily waive and release any and all Claims under the Age Discrimination in Employment Act, codified at Chapter 14 of Title 29 of the United States Code, 29 U.S.C. § 621-634 (the “ADEA”).  However, you are not
          releasing any age discrimination claims that may arise under the ADEA after the date this Release Agreement becomes effective (as provided in Paragraph 8).

     

    (b)          Also without limiting the General Release
          above, you knowingly and voluntarily waive and release any and all Claims under:

     

    	

          	(1)	
            Title VII of the Civil Rights Act of 1964, as amended, and 42 U.S.C. § 1981 and 42 U.S.C. § 1983;

          

     

    	

          	(2)	
            The Equal Pay Act and the Fair Labor Standards Act, as amended;

          

     

    	

          	(3)	
            The Americans with Disabilities Act;

          

     

    	

          	(4)	
            The FMLA;

          

     

    	

          	(5)	
            The Employee Retirement Income Security Act of 1974 and The Consolidated Omnibus Budget Reconciliation Act;

          

     

    	

          	(6)	
            The Occupational Safety and Health Act of 1970;

          

     

    
      
        

      
        	
                Exhibit B - 3

                

              

      

    

    	

          	(7)	
            The Rehabilitation in Employment Act;

          

     

    	

          	(8)	
            The Older Workers Benefits Protection Act;

          

     

    	

          	(9)	
            Any and all claims based on “public policy”;

          

     

    	

          	(10)	
            Any and all claims under any federal, state or local laws pertaining to employment, employment compensation, or employment benefits; personal injury; injury to reputation; injury to property;
              intentional torts; negligence; wrongful termination; constructive discharge; retaliation; discrimination; harassment; breach of express or implied contract; promissory estoppel, misrepresentation, and any and all claims for recovery of lost
              wages or back pay, stock options, fringe benefits, pension benefits, liquidated damages, front pay, compensatory and/or punitive damages, attorneys’ fees, injunctive or equitable relief, or any other form of relief; and

          

     

    	

          	(11)	
            Any and all other claims of any kind based on any federal, state, or local constitution, statute, law, rule, regulation, judicial doctrine, contract, or common law, or other theory arising out of any
              matter, act, omission, transaction, occurrence, or event that has occurred or is alleged to have occurred up to the effective date of this Release Agreement, whether or not involving alleged continuing violations.

          

     

    (c)          You also agree to secure the dismissal,
          with prejudice, of any proceeding, grievance, action, charge or complaint, if any, that you or anyone else on your behalf has filed or commenced against Casey’s or any of the other Released Parties with respect to any matter involving your
          employment with Casey’s, your separation from employment with Casey’s or any other matter that is the subject of the General Release.  Notwithstanding the foregoing, nothing in this Release Agreement is intended to limit or interfere in any way
          with the ability of either you or Casey’s to consult legal counsel, to provide testimony pursuant to a subpoena or notice of deposition or as otherwise required by law.  Nothing in
            this Release Agreement is intended to cause you to waive or release any claim which cannot be validly waived or released by private agreement.  Specifically, nothing in this Release Agreement prohibits you from filing a charge or complaint
            with, reporting possible violations of any law or regulation, making disclosures to, and/or participating in any investigation or proceeding conducted by any federal, state, or local agency, including the National Labor Relations Board (the
            “NLRB”), the EEOC, the Securities and Exchange Commission (the “SEC”), the Department of Fair Employment and Housing (the “DFEH”) and/or any governmental authority charged with the enforcement of any employment laws.  However, you understand
            that by signing this Release Agreement you are waiving the right to recover any damages or to receive other relief in any claim or suit brought by or through the EEOC, the DFEH or any other state or local federal agency on your behalf to the
            fullest extent permitted by law. Notwithstanding the foregoing, this Release Agreement is not intended to, and shall not be interpreted in any manner that limits or restricts you from, exercising any legally protected whistleblower rights
            (including pursuant to Rule 21F under the Securities Exchange Act of 1934) or receiving an award for information provided to any government agency under any legally protected whistleblower rights.  This General Release is not intended to, and shall not, serve as a release of your rights to (i) the Accrued Obligations (as defined in the Employment Agreement) or (ii) advancement and indemnification in respect of
            your service as a director or officer of the Company or any of its subsidiaries, which shall continue without regard to the termination of the Employment Agreement or your employment with the Company.

     

    
      
        

      
        	Exhibit B - 4

              

      

    

    3.           You acknowledge that all, if any, known
          workplace injuries or occupational diseases were timely reported to Casey’s and that currently you have no known workplace injuries or occupational diseases that have not been reported.  You further acknowledge that you have no pending workers’
          compensation claims and that this Release Agreement is not related in any way to any claim for workers’ compensation benefits, and that you have no basis for such a claim.

    

    

    4.           You covenant and agree that you will not
          disclose the existence or terms of this Release Agreement to any person except (a) licensed attorney(s) for the purpose of obtaining legal advice; (b) licensed or certified accountant(s) for the purpose of preparing tax returns or other financial
          services; (c) in formal proceedings to enforce the terms of this Release Agreement; or (d) as required by law or court order, provided that, if permitted by applicable law, you give Casey’s enough advance notice prior to any disclosure pursuant
          to subsection (d) to intervene or take action as appropriate.

     

    5.           You acknowledge that you and the Company
          continue to be bound by the terms of the Employment Agreement, including Section 8 thereof, and that you will not compete with Casey’s, solicit Casey’s employees and customers or use or disclose Confidential Information (as defined in the
          Employment Agreement) except as may be permitted under the Employment Agreement (such obligations, “Restrictive Covenants”).  You acknowledge that this Release Agreement supersedes any and all previous agreements between you and Casey’s (except
          for the Restrictive Covenants), and that Casey’s has made no promise to you other than what is written in this Release Agreement or the Employment Agreement or what is set forth in the Benefit Plans and Agreements (as defined in the Employment
          Agreement), with respect to the subject matter referred to in this Release Agreement.  You further acknowledge that all rights and obligations under this Release Agreement shall be binding upon and be granted only to you, your heirs, legatees and
          legal representatives and to Casey’s and each of the other Released Parties and their respective successors, assigns, heirs, legatees and legal representatives.  You also agree not to assign or transfer any rights or obligations under this
          Release Agreement.  If a court of competent jurisdiction finds that any portion of this Release Agreement is illegal or invalid, that portion will be modified or excluded from the Release Agreement only to the extent required by law, but the
          validity of the remaining portion will not be affected.

     

    6.           By entering into this Release Agreement
          neither Casey’s nor you claim or admit to any liability or wrongdoing and each denies that it has any liability to the other or has acted wrongly toward the other.

     

    7.           You and Casey’s agree that the laws of
          the State of Iowa shall govern the interpretation and performance of this Agreement, and that any lawsuit regarding this Release Agreement may be brought only in a court of
          competent jurisdiction within the State of Iowa.

     

    
      
        

      
        	
                Exhibit B - 5

                

              

      

    

    8.            Regarding the ADEA, you acknowledge,
          understand, agree, and/or declare the following:

     

    	

          	(a)	
            Casey’s provided you with a copy of this Release Agreement before you signed it, and you have carefully read and fully understand Release the Agreement, and knowingly and voluntarily have decided to
              enter into this Release Agreement, after having had a reasonable time to consider it.

          

     

    	

          	(b)	
            Casey’s hereby advises you to consult with and have this Release Agreement reviewed by an attorney before you sign it.

          

     

    	

          	(c)	
            In exchange for waiving any rights or claims, including rights or claims under the ADEA, you have received valid and sufficient consideration pursuant to this Agreement, and such consideration is in
              addition to anything of value to which you already were entitled.

          

     

    	

          	(d)	
            You have been given a period of at least twenty-one (21) calendar days within which to consider this Release Agreement.  Changes to the Release Agreement, whether material or immaterial, have not
              restarted the running of this twenty-one (21) day period.

          

     

    	

          	(e)	
            You may revoke this Release Agreement for a period of seven (7) calendar days following the date you signed the Agreement (the “Revocation Period”).  The Release Agreement will not become effective
              or enforceable until the Revocation Period has expired.  If you choose to revoke the Release Agreement, you must notify Casey’s in writing, and personally deliver the notice or deposit it in the United States Mail, postage prepaid, certified,
              or registered mail, return receipt requested, addressed to:  Casey’s General Stores, Inc., One Convenience Boulevard, Ankeny, Iowa 50021, Attn: Corporate Secretary.

          

     

    	

          	(f)	
            If you do not execute this Release Agreement within fifty-three (53) calendar days following the date of your termination of employment from the Company, or if you revoke this Release Agreement
              before the expiration of seven (7) days after executing it, or, in each case, such longer period as may be required by applicable law, the Release Agreement will not become effective or enforceable, and you will not be entitled to receive any
              payments or benefits provided under this Release Agreement.

          

     

    
      
        

      
        	Exhibit B - 6

              

      

    

    Accepting the terms of this Release Agreement, and intending to be bound by its terms, you and Casey’s have signed this Release Agreement as of the dates
      shown below.

     

    
      
        
          	
                  DARREN M. REBELEZ

                	
                  CASEY’S GENERAL STORES, INC.

                

          

          

          	
                  By:

                	 	 	
                  By:

                	 	 

          	
                  Date:

                	 	 	
                  Name:

                  

                	 	 
	 	 	 	Title:	 	 
	 	 	 	Date:	 	 

        

        

        

        [Signature Page to Darren M. Rebelez General Release]

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