AMENDMENT TO EMPLOYMENT AGREEMENT

This amendment (this “Amendment”) to the Agreement (as defined below), is made as of January 15, 2025, by and between Jersey Mike’s Franchise Systems, LLC (formerly known as Jersey Mike’s Franchise Systems, Inc.) (the “Company”) and Peter Cancro (“Executive”). Capitalized terms used herein but not otherwise defined have the meanings as set forth in the Agreement.

WHEREAS, the Company and the Executive entered into an Employment Agreement, dated as of November 8, 2024 (the “Agreement”), and now desire to amend the Agreement as set forth herein;

WHEREAS, pursuant to Section 7(d) of the Agreement, the Agreement may be amended by written instrument signed by the Company and the Executive.

NOW, THEREFORE, the Agreement is hereby amended as follows:

“Air Transportation Stipend. During the Employment Term, the Company and Executive acknowledge that Executive will use air transportation to travel from time to time for business purposes. During the Employment Term, the Company shall pay Executive a fixed amount of $166,666.66 per month, payable in arrears and pro-rated for any partial month of the Employment Term, in light of the business expenses incurred by him related to such air transportation.”

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IN WITNESS WHEREOF, the parties hereto have duly executed this Amendment to the Agreement as of the day and year first above written.