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EMPLOYMENT AND NON-COMPETITION AGREEMENT
THIS EMPLOYMENT AND NON-COMPETITION AGREEMENT (the “Agreement”) is executed as of
this first day of June, 2009, and effective as of June 15, 2009 (the “Date of Hire”), by and between
Tempur-Pedic International Inc., a Delaware corporation (the “Company”), and Lou Hedrick Jones, an
individual (“Employee”).
In consideration of the premises and the mutual agreements and covenants contained herein, and for other
good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged by the
Company and Employee,
IT IS HEREBY AGREED AS FOLLOWS:
ARTICLE I
EMPLOYMENT
1.1 Term of Employment. Effective as of the Date of Hire, the Company agrees to employ Employee,
and Employee accepts employment by the Company, for the period commencing on the Date of Hire and
ending on the first anniversary of the Date of Hire (the “Initial Term”), subject to earlier termination as
hereinafter set forth in Article III. Unless earlier terminated in ac