EXHIBIT 10.33 EMPLOYMENT AGREEMENT AMENDMENT This Employment Agreement Amendment ("Amendment") is entered into as of this 20th day of January, 2000 by and between SEALY CORPORATION, a Delaware corporation (the "Company"), and Larry J. Rogers (the "Employee"). WHEREAS, the Company and the Employee have previously entered into an Employment Agreement (the "Agreement") dated August 1, 1997; WHEREAS, since the date of the Agreement, the Employee has moved from Canada to the United States and is now paid in U.S. Dollars; WHEREAS, both the Company and the Employee now desire to amend the Agreement as set forth below; NOW, THEREFORE, the Company and the Employee hereby agree as follows: Subsection 3 (a) of the Agreement is hereby is amended by deleting the words "at the initial rate of Two Hundred Forty Thousand Five Hundred Canadian Dollars (CDN $249,500.00)" and inserting in their place the following words "of at least Two Hundred Thousand U.S. Dollars (US $200,000.000)". IN WITNESS WHEREOF, the Company and the Employee have executed this Agreement as of the day and year first written above. SEALY CORPORATION EMPLOYEE By // Kenneth L. Walker // Larry J. Rogers --------------------------------- ------------------ Name: Kenneth L. Walker Larry J. Rogers Title: Vice President, General Counsel & Secretary