AMENDMENT NO. 4 TO
THIS AMENDMENT NO. 4 TO EMPLOYMENT AGREEMENT (“Amendment No. 4”) is made and entered into as of
the 8th day of December, 2003, by and between THE PANTRY, INC. , a Delaware corporation (the “Corporation”), and PETER
J. SODINI (the “Employee”).
W I T N E S S E T H:
WHEREAS, the Corporation and the Employee entered into an Employment Agreement dated as of October 1, 1997
(the “Original Agreement”); and
WHEREAS, the Corporation and the Employee entered into Amendment No. 1 to Employment Agreement on April 1,
WHEREAS, the Corporation and the Employee entered into Amendment No. 2 to Employment Agreement on
September 21, 2001;
WHEREAS, the Corporation and the Employee entered into Amendment No. 3 to Employment Agreement on August
28, 2002; and
WHEREAS, the Corporation and the Employee desire to amend further the Original Agreement to extend the term of
such Employment Agreement as hereinafter set forth.
NOW, THEREFORE, in consideration of the mutual terms and conditions set forth below and other good and valuable
consideration, the receipt and sufficiency of which are hereby acknowledged, the parties agree as follows:
1. Section 1 of the Original Agreement is hereby amended to reflect an employment term commencing on October 1,
1997 and ending on September 30, 2006.
2. Sections 5.3(b)(ii) and (iii) are deleted and the following sections are inserted in lieu thereof:
(ii) an amount equal to his then current monthly salary (less applicable withholdings) for eighteen (18) months,
payable in monthly installments or, at the Corporation’s option, in a lump sum amount;
(iii) unless the Employee obtains medical insurance coverage from a subsequent employer, then he may continue
to participate for eighteen (18) months, to the extent permitted by the plan, in the medical insurance plan in which he
participated on the effective termination of employment date. The Corpor