Exhibit 10.72a
AMENDMENT TO
EMPLOYMENT
AGREEMENT
Amendment to the Employment Agreement of Matt Henson (this “Amendment”) entered on July 7th, 2023, and effective
as of May 11th, 2022 (the “Effective Date”), between Monro, Inc. (the “Company”) and Matt Henson (the “Executive”).
WHEREAS, the Company and the Executive entered into that certain Employment Agreement dated July 6th, 2021 (the “Agreement”)
WHEREAS, the Company and the Executive desire to
amend the Agreement to reflect certain changes in annual bonus percentages used to calculate the Executive’s annual bonus under the Company’s annual bonus plan; and
WHEREAS, Section 9.4 of the Agreement provides that modifications and amendments to the Employment Agreement may only be made by a
written agreement executed by both the Company and the Executive;
NOW, THEREFORE, the Company and the Executive hereby amend the
Agreement as follows, effective as of the Effective Date:
1. Section 3.2 is amended and restated in its entirety to read as follows:
3.2 Annual Bonus. Pursuant to the Company’s bonus plan (the “Bonus Plan”), the Company shall pay the
Executive, within 120 days of its fiscal year-end, a bonus in respect of each prior fiscal year during the Term, of 30% of the Base Salary if the Company achieves its threshold performance levels and 60% of
Base Salary if the Company achieves its target level of performance set by the Committee with respect to such fiscal year, increased up to a maximum of 90% of Base Salary if the Company exceeds such performance targets by amounts to be determined by
the Committee (the “Annual Bonus”). If this Agreement terminates other than at the end of a fiscal year either: (i) upon the expiration of the Term; or (ii) pursuant to Section 4, and the Executive is entitled to a pro rata
bonus for such partial fiscal year pursuant to Section 5 or Section 6 hereof, such pro rata bonus shall be equal to the bonus the Executive would have received under the Bonus Plan, based on the Company’s actual performance during
such fiscal year, had he been employed by the Company for the entire fiscal year, multiplied by a fraction, the numerator of which shall be the number of days during such fiscal year he was so employed and the denominator of which shall be the
number of days in such fiscal year (the “Pro Rata Bonus”).
The Executive may be entitled to the Annual
Bonus for the fiscal year prior to the fiscal year in which the Executive’s employment is terminated, to the extent not yet paid (the “Preceding Bonus”). The Executive shall be entitled to receive the Preceding Bonus
and/or the Pro Rata Bonus, as applicable: (a) at the same time the annual bonuses for the same periods are paid to other senior executives of the Company; and (b) only to the extent the Board or the Committee determines to pay such bonus
to the other senior executives of the Company. The Annual Bonus shall, in all respects, be subject to the terms of the Bonus Plan.