2001 EMPLOYMENT AGREEMENT
This 2001 Employment Agreement (the "Agreement") is executed as of the ____ day of _______________,
2000, by and between RICHARD M. FRANK ("Employee") and CEC ENTERTAINMENT, INC.., a Kansas
WHEREAS, the Employee and the Company have heretofore entered into an agreement whereby Employee is
employed by the Company as Chief Executive Officer pursuant to certain terms and conditions; and
WHEREAS, the Board of Directors of the Company (the "Board of Directors") has offered Employee continued
employment in consideration for the compensation and the other benefits hereinafter set forth, and Employee is
willing to continue in the employ of the Company on these terms;
NOW, THEREFORE, in consideration of the mutual promises hereinafter contained and other good and valuable
consideration, the receipt and sufficiency of which is hereby acknowledged, it is agreed:
1. Current Employment Agreement. The Company and Employee heretofore entered into an employment
agreement dated March 3, 1997 (the "Current Employment Agreement"). The term of the Current Employment
Agreement expires on the last day of the fiscal year of the Company ending on or about December 31, 2000.
Company and Employee hereby agree and affirm that the Current Employment Agreement is and shall be in full
force and effect through the last day of the fiscal year of the Company ending on or about December 31, 2000.
2. Term. Following the expiration of the Current Employment Agreement, the Company employs Employee and
Employee accepts employment from the Company upon the terms and conditions specified in this Agreement.
Subject to the provisions regarding termination set forth in Sections 15 and 16 hereof, the term of this Agreement
shall begin as of January 1, 2001 (the "Effective Date") and shall terminate on the last day of the fiscal year of the
Company ending on or about December 31, 2005 (the "Term").
3. Basic Salary. For services rendered by Employee under this Agreemen