Exhibit 10.37
AMENDMENT NO. 3 TO EMPLOYMENT
AGREEMENT
THIS AMENDMENT NO. 3 TO EMPLOYMENT
AGREEMENT (this “Amendment”) is made this 12
th day of August, 2009 between Gregg Appliances,
Inc., an Indiana corporation, hhgregg, Inc., a Delaware
corporation, and Jerry W. Throgmartin (the
“Executive”).
WHEREAS, Gregg Appliances, Inc. and
Executive are parties to that certain Employment Agreement dated as
of October 19, 2004, as amended pursuant to an Amendment to
Employment Agreement dated as of April 12, 2007 between the
parties and hhgregg, Inc. and an Amendment No. 2 to Employment
Agreement dated December 29, 2008 (the “Employment
Agreement”); and
WHEREAS, the parties wish to further
amend the Employment Agreement effective as of August 5, 2009
to reflect a change in Executive’s title;
NOW, THEREFORE, for and in
consideration of the premises and the mutual covenants herein
contained, the parties hereby amend the Employment Agreement,
effective as of August 5, 2009, as follows:
1. Section 1(a) of the
Employment Agreement shall be deleted and replaced with the
following:
(a) General . The Company
hereby employs Executive, and Executive agrees, upon the terms and
conditions herein set forth, to serve as the Executive Chairman of
the Board of Directors of the Company. In such capacity, Executive
shall perform such duties as may be delineated in the by-laws of
the Company, and such other duties as may be assigned to
Ex
