AGREEMENT, made and entered into as of the 1st day of November, 2000, by and between THE GREAT
ATLANTIC & PACIFIC TEA COMPANY, INC. (the "Company"), and LAURANE MAGLIARI. (the
W I T N E S S E T H
WHEREAS, the Company and the Employee (the "Parties") have agreed to enter into this agreement (the
"Agreement) relating to the employment of the Employee by the Company;
NOW, THEREFORE, in consideration of the premises and mutual covenants contained herein and for other
good and valuable consideration, the Parties, intending to be legally bound, agree as follows:
1. Term of Employment.
(a) The Company agrees to continue to employ the Employee, and the Employee agrees to remain in the
employment of the Company, in accordance with the terms and provisions of this Agreement, for the period set
forth below (the "Employment Period").
(b) The Employment Period under this Agreement shall commence as of November 1, 2000 and, subject only to
the provisions of Sections 7, 8 and 9 below relating to termination of employment, shall continue until (i) the close
of business on October 31, 2003 or (ii) such later date as shall result from the operation of subparagraph (c)
below (the "Terminal Date").
(c) Commencing on May 1, 2002, and on the first business day of each month thereafter (such date and each
such first business day, the "Renewal Date") the Terminal Date set forth in subparagraph (b) above shall be
extended so as to occur eighteen months from the Renewal Date unless either the Company or the Employee
shall have given written notice to the other Party on or before such Renewal Date that the Terminal Date is not to
It is the intention of the Parties that during the term of her employment under this Agreement, the Employee will
serve as Senior Vice President, People Resources and Services of the Company. The Employee will devote her
full business time and attention to the affairs of the Company and her duties as its Senior Vice Presid