EX-10.22 14 y62674exv10w22.txt AMENDMENT TO EMPLOYMENT AGREEMENT EXHIBIT 10.22 AMENDMENT TO EMPLOYMENT AGREEMENT AMENDMENT NO. 2 dated as of July 16, 2002, between BERRY PLASTICS CORPORATION, a Delaware corporation (the "Corporation"), and BRUCE J. SIMS (the "Employee"). Reference is made to the Employment Agreement dated as of January 21, 1997 (as amended on January 21, 2002) (the "Employment Agreement"), between the Corporation and the Employee. The Corporation and the Employee desire to amend the Employment Agreement as hereinbelow set forth. All capitalized terms used herein and not otherwise defined shall have the meanings ascribed to such terms in the Employment Agreement. Accordingly, in consideration of the mutual covenants and premises contained herein and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereby agree as follows: 1. Restrictive Covenants. The first portion of the second sentence of Section 11(a) of the Employment Agreement is hereby amended to read as follows: "Accordingly, in consideration of the premises contained herein and the consideration to be received by the Employee hereunder (including, without limitation, the severance compensation described in Section 9(b)(i) and Section 9A(c)(i), if any ("Severance Compensation")), without the prior written consent of the Corporation, the Employee shall not, at any time during the employer/employee relationship between the Corporation and the Employee and for the longer of (x) the one-year period after the termination of such employer/employee relationship and (y) the period of time beginning with the termination of such employer/employee relationship and ending upon the final payment of Severance Compensation," 2. Notices. Section 13(C)(i) of the Employment Agreement is hereby amended by deleting the information relating to O'Sullivan LLP and replacing it with the following: "Fried, Frank, Harris, Shriver & Jacobson One New York Plaza New York, NY 10004 Att: Paul M. Reinstein, Esq. Telephone: (212) 859-8156 Telecopier: (212) 859-4000; and Goodwin Procter, LLC 599 Lexington Avenue New York, NY 10022 Attn: Michael J. O'Brien, Esq. Telecopier: (212) 355-3333" 3. Effect of Amendment. Except as expressly amended hereby, the Employment Agreement shall remain in full force and effect and unchanged. 4. Counterparts. This Amendment No. 2 may be executed in one or more counterparts, each of which shall be deemed an original but all of which together shall constitute one and the same instrument. IN WITNESS WHEREOF, the parties have hereunto set their hands as of the first day written above. BERRY PLASTICS CORPORATION By:______________________________ Ira G. Boots President and Chief Executive Officer ______________________________ Bruce J. Sims 2