Document:

AMENDMENT
TO

      

      EMPLOYMENT
AGREEMENT

      

      THIS
AMENDMENT (“Amendment”) to the Employment Agreement (“Employment Agreement”) by
and between The Middleby Corporation (the “Company”) and Timothy J. FitzGerald
(the “Employee”) dated as of March 7, 2005, is entered into by the Company and
the Employee on, and to be effective as of, December 31,
2008.  Capitalized terms used but not otherwise defined herein shall
have the respective meanings ascribed to such terms in the Employment
Agreement.

      

      WITNESSETH

      

      WHEREAS,
the parties hereto desire to amend the Employment Agreement on the terms set
forth herein, including amendments to allow the Employment Agreement to comply
with, or be exempt from, the requirements of Section 409A of the Internal
Revenue Code of 1986, as amended (the “Code”).

      

      NOW,
THEREFORE, in consideration of the foregoing, and of the representations,
warranties, covenants and agreements contained in the Employment Agreement and
herein, and for other good and valuable consideration, the receipt and adequacy
of which are hereby acknowledged and accepted, the parties hereto hereby agree
as follows:

      

      
        	
                 
      

              	
                1.

              	
                A
      new Section 16 of the Employment Agreement is added to the end
      thereof:

              

      

      

      “16.    Section
409A.           It is intended
that the payments and benefits under this Agreement comply with, or as
applicable, constitute a short-term deferral or otherwise be exempt from, the
provisions of Section 409A of the Code and the regulations and other guidance
issued thereunder (“Section 409A”).  The Company shall administer and
interpret this Agreement in a manner so that such payments and benefits comply
with, or are otherwise exempt from, the provisions of Section
409A.  Any provision that would cause this Agreement to fail to
satisfy Section 409A will have no force and effect until amended to comply
therewith (which amendment may be retroactive to the extent permitted by Section
409A).  Notwithstanding anything contained herein to the contrary, to
the extent required in order to avoid accelerated taxation and/or tax penalties
under Section 409A, Employee shall not be considered to have terminated
employment with the Company for purposes of this Agreement and no payments shall
be due to Employee under this Agreement providing for payment of amounts on
termination of employment unless Employee would be considered to have incurred a
“separation from service” from the Company within the meaning of Section
409A.  To the extent required in order to avoid accelerated taxation
and/or tax penalties under Section 409A, amounts that would otherwise be payable
and benefits that would otherwise be provided pursuant to this Agreement during
the six-month period immediately following Employee’s termination of employment
shall instead be paid on the first business day after the date that is six
months following Employee’s termination of employment (or upon death, if
earlier).  In addition, for purposes of this Agreement, each amount to
be paid or benefit to be provided to Employee pursuant to this Agreement which
constitutes deferred compensation subject to Section 409A shall be construed as
a separate identified payment for purposes of Section 409A.

      
        
           

        

        
          
          

          
            

          

        

        
           

        

      

      

      With
regard to any provision herein that provides for reimbursement of costs and
expenses or in-kind benefits, except as permitted by Section 409A, (i) the right
to reimbursement or in-kind benefits shall not be subject to liquidation or
exchange for another benefit, (ii) the amount of expenses eligible for
reimbursement, of in-kind benefits, provided during any taxable year shall not
affect the expenses eligible for reimbursement, or in-kind benefits to be
provided, in any other taxable year, and (iii) such payments shall be made on or
before the last day of Employee’s taxable year following the taxable year in
which the expense occurred.  Any tax gross-up payment as provided
herein shall be made in any event no later than the end of the calendar year
immediately following the calendar year in which Employee remits the related
taxes, and any reimbursement of expenses incurred due to a tax audit or
litigation shall be made no later than the end of the calendar year immediately
following the calendar year in which the taxes that are the subject of the audit
or litigation are remitted to the taxing  authority, or, if no taxes are to
be remitted, the end of the calendar year following the calendar year in which
the audit or litigation is completed.”

      

      Except as
amended hereunder, all other terms and conditions of the Employment Agreement
shall remain in full force and effect.  This Amendment may be executed
in counterparts, each of which shall be an original, with the same effect as of
the signatures hereto and thereto were upon the same
instrument.

      
        
           

        

        
          2

          
            

          

        

        
           

        

      

       

      IN
WITNESS WHEREOF, the parties have executed this Amendment and caused the same to
be duly delivered on their behalf on the day and year first written
above.

       

       

      
        
          
            
              
                
                  
                    
                      
                        	
                                THE MIDDLEBY CORPORATION

                              	 
	 
      	 
      	 
	 	 	 
	
                                By

                              	 
      	 
	 
      	 
      	 
	
                                EMPLOYEE

                              	 
	 
      	 
      	 
	 	 
	
                                Timothy J. FitzGeraldAMENDMENT

    TO

    THE
MIDDLEBY CORPORATION

    RETIREMENT
PLAN FOR

    INDEPENDENT
DIRECTORS

    

    THIS
AMENDMENT TO THE MIDDLEBY CORPORATION RETIREMENT PLAN FOR INDEPENDENT DIRECTORS
(this "Amendment") is made as of December 31, 2008.

    

    WHEREAS,
Section 10 of the Middleby Corporation Retirement Plan for Independent Directors
(the “Plan”) permits the Company to amend the Plan; and

    

    WHEREAS,
the Company wishes to amend the Plan as set forth below to comply with Section
409A of the Internal Revenue Code of 1986, as amended (the “Section
409A”);

    

    NOW,
THEREFORE, the Plan is hereby amended as follows:

    

    
      	
              1.

            	
              The
      following is hereby added as two additional sentences to the end
      of  Section 3 of the
Plan:

            

    

    

    Notwithstanding
anything contained in this Section 3 to the contrary, with respect to each
Participant who is listed on Schedule A of the Plan, upon such Participant’s
retirement from the Board, such Participant shall receive his or her benefits
under the Plan in a single lump-sum distribution within sixty (60) days
following the Participant’s retirement.  The foregoing amendment is
made in accordance with and pursuant to Q&A-19(c) of Internal Revenue
Service Notice 2005-1 and the guidance extending the same for the transition
period ending on December 31, 2008.

    

    
      	
              2.

            	
              The
      following is hereby added as a new Section 11(f) of the
    Plan:

            

    

    

    (i) It is
intended that the Plan comply with Section 409A to the extent subject thereto;
(ii) the Plan shall in all events be administered and interpreted in a manner
consistent with the requirements of Section 409A, and any provision that would
cause any the Plan to fail to satisfy Section 409A shall have no force and
effect; (iii) notwithstanding anything contained in the Plan to the contrary, to
the extent required for compliance with Section 409A, the Participant shall not
be considered to have retired from the Board of Directors of the Company for
purposes of the Plan, and no payments which are payable upon the Participant’s
retirement from the Board of Directors under the Plan shall be made, until the
Participant experiences a “separation from service” within the meaning of
Section 409A; (iv) to the extent required in order to avoid accelerated taxation
and/or tax penalties under Section 409A, amounts that would otherwise be payable
and benefits that would otherwise be provided pursuant to such plan, agreement
or arrangement during the six-month period immediately following the
Participant’s retirement from the Board of Directors shall instead be paid six
months following the Participant’s retirement; and (v) for purposes of the Plan,
each amount to be paid shall be construed as a separate identified payment for
purposes of Section 409A.

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    

    
      	
              3.

            	
              The
      Plan is hereby amended by adding the attached as a new Schedule
      A.

            

    

    

    
      	
              4.

            	
              This
      Amendment shall be governed by, interpreted under and construed in
      accordance with the laws of the State of
  Illinois.

            

    

    

    
      	
              5.

            	
              Except
      as modified by this Amendment, the Plan is hereby confirmed in all
      respects.

            

    

    

    [SIGNATURE
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        2

        
          

        

      

      
         

      

    

    IN
WITNESS WHEREOF, this Amendment has been duly executed and delivered as of the
date and the year first written above.

    

    
      
        
          
            
              
                
                  
                    
                      	
                              THE MIDDLEBY CORPORATION

                            	 
	 	 
	 
      	 
	
                              By:

                            	 

                    

                  

                

              

            

          

        

      

    

    
      
         

      

      
        3

        
          

        

      

      
         

      

    

    Schedule
A

    

    
      	
               
      

            	
              1.

            	
              Robert
      L. Yohe

            

    

    
      
         

      

      
        4

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