EX-10.33 3 dex1033.txt AMENDMENT TO EMPLOYMENT AGREEMENT EXHIBIT 10.33 EMPLOYMENT AGREEMENT AMENDMENT This Employment Agreement Amendment ("Amendment") is entered into as of this 20th day of January, 2000 by and between SEALY CORPORATION, a Delaware corporation (the "Company"), and Larry J. Rogers (the "Employee"). WHEREAS, the Company and the Employee have previously entered into an Employment Agreement (the "Agreement") dated August 1, 1997; WHEREAS, since the date of the Agreement, the Employee has moved from Canada to the United States and is now paid in U.S. Dollars; WHEREAS, both the Company and the Employee now desire to amend the Agreement as set forth below; NOW, THEREFORE, the Company and the Employee hereby agree as follows: Subsection 3 (a) of the Agreement is hereby is amended by deleting the words "at the initial rate of Two Hundred Forty Thousand Five Hundred Canadian Dollars (CDN $249,500.00)" and inserting in their place the following words "of at least Two Hundred Thousand U.S. Dollars (US $200,000.000)". IN WITNESS WHEREOF, the Company and the Employee have executed this Agreement as of the day and year first written above. SEALY CORPORATION EMPLOYEE By // Kenneth L. Walker // Larry J. Rogers --------------------------------- ------------------ Name: Kenneth L. Walker Larry J. Rogers Title: Vice President, General Counsel & Secretary