This EMPLOYMENT AGREEMENT (“Agreement”) is made by and between WILLIAM VAN
EPPS (“Employee”) and PAPA JOHN’S INTERNATIONAL, INC., a corporation organized and existing
under the laws of the State of Delaware (“Company”), as of the 1st day of November , 2007 (“Effective Date”).
W I T N E S S E T H :
WHEREAS , Company desires to hire and employ Employee, and Employee desires to be employed
by Company, pursuant to the terms and conditions hereinafter provided for.
WHEREAS , Employee’s position with the Company requires that Employee be trusted with extensive
responsibility and confidential information of the Company.
NOW THEREFORE , for good and valuable consideration, the receipt and sufficiency of which are
hereby acknowledged, and in consideration of the mutual covenants and obligations herein contained, the
Company and the Employee (individually, a “Party”; together, the “Parties”), intending to be legally bound, agree
Section 1: Employment and Term
1.1 Employment . Company agrees to and does hereby employ Employee, and Employee agrees to and
does hereby accept employment by Company, on the terms and subject to the conditions set forth in this
Agreement effective as of the Effective Date.
1.2 Term of Employment . Employee shall be and is hereby employed by Company for a period
commencing on the Effective Date and continuing until December 31, 2008 (the “Term”).
1.3 Standard of Services Required . Employee shall (a) devote his full business time and energy to the
business and affairs of the Company (and any undertaking by Employee of any additional activities which distract
therefrom or provide additional gainful employment shall not be undertaken without first notifying and obtaining
approval from the board of directors of Company); (b) perform his duties hereunder diligently and to the best of
his ability; (c) use his best efforts, skills and abilities to promote the Company’s interes