FORM OF EMPLOYMENT AGREEMENT
This Restated Employment Agreement (“Agreement”), dated as of , 1999 is between Rocky
Mountain Chocolate Factory, Inc., a Colorado corporation (“Employer”), and (“Employee”).
R E C I T A L S:
A. Employee is employed by Employer, and Employer and Employee have entered into a written agreement
dated as of April 8, 1998 (the “Prior Agreement”), to specify the terms and conditions of Employee’s
employment with Employer.
B. Employer and Employee desire to replace the Prior Agreement with this Agreement.
C. Employer considers the maintenance of a sound management team essential to protecting and enhancing its
best interests and those of its stockholders, and Employee is a key executive of Employer and an integral member
of its management team.
NOW, THEREFORE, in consideration of Employee’s past and future employment with Employer and other
good and valuable consideration, the parties agree as follows:
SECTION 1. Employment. Employer hereby employs Employee, and Employee hereby accepts
employment, upon the terms and subject to the conditions hereinafter set forth.
SECTION 2. Duties. Employee shall be employed as , or such other position to
which he may be appointed by the Board of Directors. Employee agrees to devote his full time and best efforts to
the performance of the duties attendant to his executive position with Employer. Such duties shall include, but not
be limited to, those set forth on Exhibit A hereto.
SECTION 3. Term. The initial term of employment of Employee hereunder shall commence on the date of
this Agreement (the “Commencement Date”) and continue until , 2000, unless earlier terminated
pursuant to Section 6 or Section 10. The term of employment of Employee hereunder will be automatically
extended on a month-to-month basis after the end of the initial term unless either Employer or