(3) Noncompetition Agreement

The CEO’s employment agreement provides for him to receive noncompetition payments for a twelve-month period following his termination of employment with USPB.

As of June 27, 2026 and December 27, 2025, the Company had accrued $0.4 million and $0.4 million, respectively, for the noncompetition agreement. The accrued amount is included in Accrued compensation and benefits on the balance sheet.