Jack In The Box 2013 Annual Report Download - page 92

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Deferred Compensation Program:
As a highly compensated employee, you are eligible to participate in the Executive Deferred Compensation Plan (EDCP)
which is a non-qualified, pre-tax deferred compensation plan. Participants may contribute up to 50% of base salary and 85%
of annual incentive in whole percentages. The Company matches 100% of the first 3% of deferred salary and 3% of deferred
annual incentive.
Additionally, you are eligible to receive an additional contribution of 4% of base salary and annual incentive each year to your
EDCP account for up to 10 years.
The Plan is non-qualified and could be at risk if Jack in the Box were to declare bankruptcy or become involved in certain
changes in control.
Benefits:
You will be eligible to participate in the Jack in the Box health and welfare plans effective the first of the month following one
month of service. Enclosed is an enrollment guide that provides a summary of the benefit plans that are available to you,
along with their bi-weekly costs. All Jack in the Box benefit plans are subject to change and the benefits described in this offer
letter and the plans are not guaranteed in any way. To the extent the terms of any plan differ from what is in this letter, the terms
of the plan will determine the right and the amount of any benefits.
If you participate in the Jack in the Box health plan, you will receive an enhanced level of employer-paid term life insurance
with a total value of $770,000.
Tim, Jack in the Box requires, as a condition of employment, that new employees agree to keep certain business information
confidential and also to submit most employment disputes to binding arbitration. As part of your orientation, you will be required
to sign our Confidentiality and Non-Compete Agreement and our Dispute Resolution Agreement, which are enclosed.
You should also know that it is Jack in the Box's policy that the employment relationship is one of “at will.” This simply means
that either party - you or the Company - may terminate the employment relationship at any time, with or without cause. The
only exception is if the Chairman and CEO of the Company agree in writing that you may only be terminated for cause.
Your signature below will be your acknowledgement that you have read, understood and agree to the above information,
including that you are an “at will” employee. Please sign one copy of this letter and return it to me in the enclosed envelope at
your earliest convenience. I have included a second copy of the letter for your records. We look forward to welcoming you to the
Jack in the Box and Qdoba teams. Again, congratulations!
Sincerely,
/S/ LINDA A. LANG
Linda Lang
Chairman and CEO
/S/ TIMOTHY P. CASEY 3/7/13
Tim Casey Date