Attached files
file | filename |
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EXCEL - IDEA: XBRL DOCUMENT - JACK IN THE BOX INC /NEW/ | Financial_Report.xls |
10-Q - FORM 10-Q - JACK IN THE BOX INC /NEW/ | a58534e10vq.htm |
EX-31.1 - EX-31.1 - JACK IN THE BOX INC /NEW/ | a58534exv31w1.htm |
EX-32.1 - EX-32.1 - JACK IN THE BOX INC /NEW/ | a58534exv32w1.htm |
EX-31.2 - EX-31.2 - JACK IN THE BOX INC /NEW/ | a58534exv31w2.htm |
EX-32.2 - EX-32.2 - JACK IN THE BOX INC /NEW/ | a58534exv32w2.htm |
Exhibit 10.15(a)
MEMORANDUM OF UNDERSTANDING
THIS MEMORANDUM OF UNDERSTANDING(Agreement) is made as of the 30th day of June, 2006, by and
between Jack in the Box Inc., a Delaware corporation (the Company), and Gary J. Beisler
(Executive) in connection with clarifying certain rights and obligations owed to Executive by the
Company.
1. EMPLOYMENT. The Company hereby agrees that the intent in connection with certain
employment benefits was to treat Executive similarly to other Qdoba employees. Qdoba employees were
credited with their original Qdoba hire date for purposes of Jack in the Box deferred compensation
arrangements and, similarly, Executive will be treated so that he will receive any benefits he
would be entitled to receive under the SERP based on an employment date of April 17, 1998.
Similarly, in the event Executive is separated from the Company for any reason before he is fully
vested under the Executive Deferred Compensation Plan (EDCP), Company agrees that Executive will
receive an amount equal to the value of matching funds that he would have received based on an
employment date of April 17, 1998.
2. MODIFICATIONS.
Company shall have the right to honor its obligations under this Agreement
under the terms of its compensation plans or outside the plans, at its option.
3. ENTIRE AGREEMENT. This Agreement is the entire agreement and understanding of the
parties hereto with respect to the subject matter hereof and supersedes any and all prior and
contemporaneous negotiations, understandings and agreements with regard to the subject matter
hereof, whether oral or written. No representation, inducement, agreement, promise or understanding
altering, modifying, taking from or adding to the terms and conditions hereof shall have any force
or effect unless the same is in writing and validly executed by the parties hereto or part of a
formal benefit plan.
IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the day and year first
above written.
JACK IN THE BOX INC. | ||||||
By: | /S/ CARLO CETTI | |||||
Name: | Carlo Cetti | |||||
Title: | Sr. VP, Human Resources & Strategic Planning | |||||
EXECUTIVE | ||||||
/S/ GARY J. BEISLER | ||||||
Gary J. Beisler |