THE FRESH MARKET, INC. SUPPLY AND SERVICE AGREEMENT
Exhibit 10.1
This Supply and Service Agreement (this “Agreement”) is made and entered into this 26th day of January, 2007 by and between The Fresh Market, Inc., a North Carolina corporation, with its corporate office located at 000 Xxxxx Xxxxxx Xxxx, Xxxxx 000, Xxxxxxxxxx, Xxxxx Xxxxxxxx (referred to herein along with its successors and assigns as “TFM”), and Xxxxx Logistics, a Delaware corporation, with its corporate office located at 000 X.X. 0xx Xxxxxx, Xxxxxxx, Xxxxxxxx (referred to herein along with its authorized assigns as “Xxxxxx”).
In consideration of the mutual promises and covenants hereinafter contained, the parties hereto agree as follows:
1. | Term. The initial term of this Agreement shall be for five (5) years commencing as of the date of the first delivery. Thereafter, this Agreement shall automatically renew for one hundred eighty (180) day periods, unless either party provides written notice to the other of non-renewal at least one hundred eighty (180) days prior to the last day of the then current term. |
2. | Product Supply, Facilities and Distribution Services. |
x. | Xxxxxx shall supply Products listed in Exhibit A to all TFM Stores as required by TFM (which current TFM Stores are listed in Exhibit D), and Xxxxxx shall meet all Specifications set forth in Exhibit A with respect to such Products. Without limiting Xxxxxx’ other obligations under this Agreement, all Products provided by Xxxxxx shall also comply with Section 9 of this Agreement. |
b. | At its sole cost and expense, Xxxxxx shall maintain, operate, and provide in accordance with all local, county, state, and federal laws the Facility. |
x. | Xxxxxx shall deliver all Products pursuant to an Order and Delivery Schedule developed by Xxxxxx, which schedule shall be subject to TFM’s written approval. Xxxxxx shall provide adequate trucks and refrigerated/frozen trailers to deliver Products to TFM Stores three (3) times per week (and more often if requested by TFM from time to time during Holiday Periods and/or for TFM Stores accepting two thousand (2,000) or more cases per week). Timing is of the essence with respect to the number of deliveries made per week; provided, however, TFM’s right to terminate this Agreement for a violation of this Section 2(c) shall be governed by Section 14(a)(i). In addition to TFM’s other available rights and remedies, if a Missed Delivery occurs more than [***] times in any consecutive [***] month period, Xxxxxx shall pay to TFM on demand [***] as liquidated damages for each Missed Delivery that occurs thereafter during such [***] month period. Xxxxxx’ first delivery of Products to TFM shall be no later than February 7, 2007. |
d. | Exhibit A shall be deemed modified, from time to time, to include new Product lines and accompanying Specifications as directed by TFM in writing and/or to discontinue Product lines and accompanying Specifications as directed by TFM in writing. |
e. | Exhibit D shall be deemed modified, from time to time, to include future TFM Stores and/or to delete TFM Stores. |
3. | Price/Promotion. This Section 3 addresses Case Upcharge (Section 3(a)), Inbound Product Case Cost (Section 3(b)), profit sharing and supplementation (Section 3(c)), and reconciliation (Section 3(d)): |
Portions marked [***] have been omitted pursuant to a Confidential Treatment Request by The Fresh Market, Inc., this information has been filed separately with the Securities and Exchange Commission.
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b. | Inbound Product Case Cost. Subject to reconciliation as set forth below, TFM shall reimburse Xxxxxx the Inbound Product Case Cost for Product delivered to and accepted by TFM in accordance with this Agreement. |
c. | Profit Sharing and Supplementation. |
(i) | Xxxxxx shall pay TFM any Adjustment Amount at the end of each Contract Year (or Partial Contract Year). TFM, at its option, shall either be credited with the Adjustment Amount (which amount TFM may offset against any other sums owed) or reimbursed the same within five (5) business days of final determination of the Adjustment Amount. |
(ii) | TFM shall pay to Xxxxxx any Below Threshold Fee at the end of each Contract Year (prorated for Partial Contract Years). |
d. | Reconciliation. |
(ii) | Inbound Product Case Cost. Inbound Product Case Cost shall be reconciled semi-annually. In the event the semi-annual reconciliation shows a difference in the Inbound Product Case Cost and amounts paid by TFM towards Inbound Product Case Cost during such period due to timing of Product cost changes (also known to Xxxxxx as a marketing adjustment), reimbursements shall be made as follows: (a) when the marketing adjustment is positive (i.e., when amounts paid by TFM exceed the reconciled Inbound Product Case Cost), TFM shall either be credited with the amount of its Inbound Product Case Cost overpayment (which amount TFM may offset against any other sums owed) or reimbursed the same within five (5) business days of TFM’s receipt of the Reconciliation Statement, and (b) when the marketing adjustment is negative (i.e., when amounts paid by TFM are less than the reconciled Inbound Product Case cost), TFM shall reimburse Xxxxxx the difference within five (5) business days after receipt of the Reconciliation Statement. |
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(iii) | Profit Sharing and Supplementation. The following shall be reconciled at the end of each Contract Year (or Partial Contract Year): |
(iv) | Xxxxxx shall provide to TFM Reconciliation Statements within thirty (30) days after the end of each Semi-Annual Period. In the event Xxxxxx fails to provide TFM Reconciliation Statements or reimbursements accurately and on a timely basis as provided above, in addition to TFM’s other available rights and remedies, TFM may offset and/or deduct, by TFM’s estimate, any reimbursements due to TFM from subsequent payments to Xxxxxx. |
e. | Other Price Matters. |
(i) | [***]. |
(ii) | Product prices shall be set monthly in accordance with TFM’s fiscal calendar. Any supplier’s or vendor’s Product price changes shall be communicated to TFM in writing or electronically (by electronic price file) at least fourteen (14) days prior to the effective start date of TFM’s monthly order guides of Xxxxxx Products. Notwithstanding the foregoing, however, meat and seafood prices shall be set weekly to incorporate changes in commodity prices. All price changes shall take effect Sundays at 12:01 AM. |
(iii) | [***]. Xxxxxx shall not be required to seek or accept Cross Dock pallets or cases if such services would unreasonably Impede the performance of its services hereunder. |
Portions marked [***] have been omitted pursuant to a Confidential Treatment Request by The Fresh Market, Inc., this information has been filed separately with the Securities and Exchange Commission.
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4. | Acceptance/Rejection. All deliveries of Products by Xxxxxx are subject to TFM’s acceptance of such Products. TFM may reject Products if TFM did not order the Products delivered or if the Products delivered are not in compliance with this Agreement. TFM shall report any product overs, shorts and visible external damage to Xxxxxx at the time of delivery while Xxxxxx’ delivery driver is at the TFM Store. TFM shall report rejections due to mispicks, internal damage, and the delivery of Products which do not otherwise meet TFM specifications on or before 5:00 P.M. on the first business day following the delivery of such Products. TFM shall report rejections, shortages, and any other Product complaints by contacting Xxxxxx Customer Service at 000-000-0000 ((888) Burris3) (or by such other commercially reasonable means as may be available if TFM cannot reach Xxxxxx Customer Service within the time period specified). If TFM rejects such Products (in whole or in part), Xxxxxx shall (i) retrieve the rejected Products within two (2) days of TFM’s rejection of such Products and (ii) at TFM’s option, either (a) replace such rejected Products at the time of Xxxxxx’ next delivery to the TFM Store to which such rejected Products were delivered, or (b) provide a credit to such TFM Store for the rejected Products within two (2) days from the date TFM’s rejection was communicated to Xxxxxx. |
5. | Quality Control. All Products shall be handled in accordance with the Specifications while such Products are in the possession of Xxxxxx. Upon receipt by Xxxxxx and while in the possession of Xxxxxx, Xxxxxx shall regularly inspect Product dates and the quality and integrity of such Products for conformance to TFM’s Specifications. Xxxxxx, at its sole cost and expense, shall designate a quality assurance representative at the Facility to (i) ensure adherence to all such Specifications and quality requirements and (ii) provide any reports or documents reasonably necessary to detail the same. If any inspection or test performed hereunder indicates a failure to conform to the Specifications or any other quality requirements, Xxxxxx shall promptly advise TFM, and Xxxxxx shall not deliver Products from such shipments without the express written consent of TFM, which consent may be granted or withheld in TFM’s sole discretion. |
6. | Payment Terms. Xxxxxx shall deliver to TFM on or before 10:00 A.M. on the first (1st) business day of each week a statement detailing charges for Products delivered during the immediately preceding week (“Weekly Invoice”), time being of the essence. TFM shall pay by wire transfer to Xxxxxx [***] of the invoiced amount due (less amounts disputed in good faith by TFM) on or before [***] following TFM’s receipt of the Weekly Invoice (“First Payment”). TFM shall pay by wire transfer to Xxxxxx the remaining invoiced amount due (less amounts disputed in good faith by TFM) on or before [***] after the date of the First Payment. Any disputes as to invoiced amounts due shall be promptly discussed by applicable representatives of the parties and, if not promptly resolved, shall be subject to Section 15 below. Notwithstanding the foregoing, TFM shall not be required to pay any statements delivered more than sixty (60) days after the due date for delivery of the statement. |
7. | Service and Support. |
x. | Xxxxxx shall provide the quality of Products specified by TFM in volumes requested by TFM, subject to all terms and conditions of this Agreement. |
x. | Xxxxxx shall provide all necessary personnel to fulfill its Obligations under this Agreement. Such personnel shall include, but not be limited to: |
i. | account manager; |
ii. | dedicated buying staff; |
iii. | administrative support; |
iv. | customer support representative(s); and |
v. | quality assurance representative. |
Portions marked [***] have been omitted pursuant to a Confidential Treatment Request by The Fresh Market, Inc., this information has been filed separately with the Securities and Exchange Commission.
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c. | Upon TFM’s request, Xxxxxx shall provide business reports, in form reasonably acceptable to TFM, that measure Xxxxxx’ satisfaction of its Obligations and any other information that may be useful to measure Xxxxxx’ distribution performance related to TFM. |
d. | Except as otherwise expressly provided herein, Xxxxxx shall bear the risk of reselling any Products stocked for distribution for TFM and TFM will work with Xxxxxx in good faith to minimize losses from spoilage and excess inventory. Notwithstanding the foregoing, TFM shall accept delivery of all Products complying with the terms of this Agreement if TFM requests in writing that Xxxxxx order a specific quantity of a Product which is more than that which Xxxxxx should reasonably carry in inventory for distribution to TFM (“Additional Products”), and Xxxxxx shall order the Additional Products in the quantity requested by TFM. If such Additional Product is ordered for the sole benefit of TFM (and not as part of a mutually beneficial transaction), [***]. TFM shall not bear the risk of resale of such Additional Product if Xxxxxx fails to make delivery of such Additional Product or otherwise fails to make such Additional Product available for delivery. TFM shall notify Xxxxxx upon discontinuance of a Product and TFM shall accept delivery of all discontinued Products held by Xxxxxx in inventory for TFM that comply with the terms of this Agreement, provided that such Products are made available for delivery within a commercially reasonable time after notice of such discontinuance. |
x. | Xxxxxx shall assist TFM with the administrative process of Product billback for future TFM store openings and help collect funds from such billbacks (“Billback Amount”) from invoice deductions upon TFM’s request. TFM shall provide a list of all vendors and suppliers who participate in this billback program and the Product level support associated with each vendor and supplier. Xxxxxx shall pay TFM all Billback Amounts upon Xxxxxx’ receipt of the same from participating vendors and suppliers (and all such Billback Amounts shall accrue solely to the benefit of TFM). [***]. |
8. | Trademarks and Exclusivity. Xxxxxx shall not use, authorize, or permit the use of any TFM Marks as part of its firm, corporate, or business name or otherwise. Xxxxxx shall not contest the right of TFM’s exclusive use of any TFM Marks. Any Product carrying TFM Marks shall not be sold to any other party without the express written consent of TFM, which consent may be granted, withdrawn or withheld in TFM’s sole discretion. Additionally, except for Specialty Food Products Xxxxxx distributes to other retailers as of the date of this Agreement, Xxxxxx shall not sell to any other retailer any Specialty Food Product sourced exclusively for TFM (which does not contain TFM Marks) unless Xxxxxx receives the express prior written consent of TFM, which consent shall not be unreasonably withheld, conditioned, or delayed. |
9. | Product Warranties and Representations. |
x. | Xxxxxx hereby warrants and represents the following: |
Portions marked [***] have been omitted pursuant to a Confidential Treatment Request by The Fresh Market, Inc., this information has been filed separately with the Securities and Exchange Commission.
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i. | As of the date of delivery, Xxxxxx shall have all right, title, and interest in and to the Products and all rights necessary to transfer such rights and title to TFM free of any lien, pledge, hypothecation or other encumbrance; and |
ii. | All Products delivered hereunder shall comply with all requirements of this Agreement. |
b. | Except for the covenants, warranties and representations of Xxxxxx expressly set forth in this Agreement, Xxxxxx makes no warranties or representations as to the Products including their merchantability or fitness for a particular use. |
10. | Indemnification. |
x. | Xxxxxx shall defend, indemnify and hold harmless TFM, its shareholders, parents, subsidiaries and affiliated companies as well as TFM’s and TFM’s parents’, subsidiaries’, and affiliated companies’ shareholders, officers, directors, partners, employees and agents (the “Indemnified Parties”) from and against any and all claims, damages, liabilities, losses, judgments, fines, penalties, demands, actions, proceedings, lawsuits, fees, costs, and expenses (including attorneys’ fees and expenses) suffered by any such Indemnified Parties as a result of Xxxxxx’ breach of its covenants and/or warranties and representations under this Agreement. In the event that Xxxxxx or its agents, employees or subcontractors enter premises occupied or under the control of TFM or any other Indemnified Parties in the performance of Xxxxxx’ obligations under this Agreement, Xxxxxx will defend, indemnify and hold such Indemnified Parties harmless from and against any and all claims, damages, liabilities, losses, judgments, fines, penalties, demands, actions, proceedings, lawsuits, fees, costs, and expenses (including attorneys’ fees and expenses) suffered by any such Indemnified Parties on account of loss, cost or damage to property or injury to person (including death) arising out of, as a result of, or in connection with such entry or performance by Xxxxxx, its employees, agents or subcontractors unless such loss, cost or damage to property or injury to person (including death) is due to the negligence or willful misconduct of the Indemnified Parties. Xxxxxx’ compliance with Section 11 of this Agreement does not relieve it from liability under this Section 10. |
b. | Without limiting the parties’ other rights and remedies, in the event purchasers of Products from TFM claim such Products are defective and it is determined by a final, non-appealable judicial order (i) that such Products are indeed defective and (ii) that such defects arose solely through the negligent acts or omissions of either party hereto, such negligent party shall indemnify and hold the other party harmless from any reasonable attorneys’ fees such other party incurred in defending such action. |
11. | Insurance. Xxxxxx shall carry, at Xxxxxx’ sole cost and expense, the following types of insurance with an insurance company or companies qualified to transact business in the states in which services and the Products are provided to TFM: |
a. | Commercial general liability insurance with “Occurrence Form” products coverage on all services, equipment or Products provided to TFM, stipulating limits of liability of not less than [***] for each occurrence with a general aggregate of not less than [***], and naming TFM as an additional insured under said policy with the limits and coverages specified; |
b. | Worker’s compensation insurance for statutory limits as required by applicable law (including Employer’s Liability Insurance in an amount of not less than [***] per accident for bodily injury and [***] |
Portions marked [***] have been omitted pursuant to a Confidential Treatment Request by The Fresh Market, Inc., this information has been filed separately with the Securities and Exchange Commission.
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per employee/aggregate for disease) covering all persons employed by Xxxxxx in connection with the performance of the delivery of the Products and/or any other services provided herein by such persons to TFM on property under the control of TFM; |
c. | Business auto liability insurance (including owned, leased, and non-owned vehicles) for all vehicles of Xxxxxx, or vehicles used by Xxxxxx in connection with the performance of the delivery of the Products and/or any other services provided herein, that enter upon property under the control of TFM stipulating limits of liability of not less than [***] combined single limit for bodily injury, personal injury (no fault-if required by law), and property damage; and |
d. | Excess liability coverage applying on a “following form” basis in excess of the commercial general liability, employer’s liability, and business auto liability policies referenced above, with limits of not less than [***] when combined with the underlying coverages, and naming TFM as an additional insured under said policy. This policy shall be endorsed to be primary and non-contributory, rather than excess, with respect to its additional insured status. |
Upon commencement of this Agreement, a certificate of each type of insurance coverage listed above providing at least thirty (30) days’ notice to TFM prior to cancellation or termination shall be furnished to TFM. Such insurance must be issued by a company having a Best rating of at least A- by Best’s Insurance Reports or the then prevailing insurance rating bureau. Xxxxxx shall provide TFM with copies of the certificates of such coverage upon renewal and upon request from time to time. |
12. | Force Majeure. Each party’s obligations under this Agreement shall be tolled only for delays caused by fire, war, riots or civil commotion, epidemics, authority of law, strikes (but only so long as such party is negotiating in good faith for a prompt resolution), lock-outs (but only so long as such party is negotiating in good faith for a prompt resolution), acts of God or other non-monetary matters beyond the reasonable control of such party, including, without limitation, the failure of vendors to provide the Products properly ordered by Xxxxxx pursuant to TFM’s requests. Notwithstanding the foregoing, the period of tolling under this Section 12 shall not exceed the lesser of (a) the time of delay caused by the tolling event or (b) five (5) days. |
13. | Confidentiality. Each party shall hold in strict confidence and not use or disclose the other party’s Confidential Information except upon the prior written consent of the other party, which consent may be granted or withheld in the other party’s sole discretion. Upon termination of this Agreement, the parties shall either destroy or return all of the Confidential Information received from the other party during the term of this Agreement. The parties’ obligations under this Section 13 shall survive for two (2) years from the date of any termination of this Agreement. |
14. | Termination. |
a. | Termination for Cause. |
i. | In addition to, and without limiting TFM’s other rights and remedies, if, after the first (1st) [***] of the commencement of this Agreement, a Missed Delivery occurs (a) more than [***] times in one (1) month or (b) more than [***] times in six (6) consecutive months, TFM may terminate this Agreement by written notice to Xxxxxx. |
ii. | In addition to, and without limiting TFM’s other rights and remedies, if Xxxxxx fails to fulfill section (i) of its Obligations (set forth in Exhibit C) |
Portions marked [***] have been omitted pursuant to a Confidential Treatment Request by The Fresh Market, Inc., this information has been filed separately with the Securities and Exchange Commission.
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more than [***] times during any thirteen consecutive weeks, or section (ii) of its Obligations (set forth in Exhibit C) more than [***] times during any thirteen consecutive weeks, TFM may terminate this Agreement by written notice to Xxxxxx. |
iii. | In addition to, and without limiting TFM’s other rights and remedies, if Xxxxxx fails to fulfill section (viii) under “Obligations” in Exhibit C of this Agreement, TFM may terminate this Agreement in the event Xxxxxx fails to cure such breach within seven (7) days after TFM provides Xxxxxx with written notice of such breach. |
iv. | In addition to, and without limiting TFM’s other rights and remedies, if Xxxxxx fails to perform any of its other Obligations under this Agreement, TFM may terminate this Agreement in the event Xxxxxx fails to cure such breach within twenty-one (21) days after TFM provides Xxxxxx with written notice of such breach. |
v. | If TFM fails to perform any of its obligations under this Agreement, Xxxxxx may terminate this Agreement in the event TFM fails to cure such breach within twenty-one (21) days after Xxxxxx provides TFM with written notice of such breach. Without limiting the foregoing, in the event TFM fails to make a payment as required under Section 6 of this Agreement and TFM fails to cure such failure within seven (7) days after Xxxxxx provides TFM with written notice of such failure, Xxxxxx may suspend performance of its Obligations until receipt of the payment due. |
b. | Termination Without Cause. |
c. | Payment And Removal After Termination. Notwithstanding the foregoing, if this Agreement is terminated for any reason: |
i. | TFM shall be liable for and promptly pay all undisputed amounts then owing to Xxxxxx and shall take delivery of and promptly pay the Inbound Product Case Cost for all TFM Products reasonably ordered and then held in inventory by Xxxxxx in accordance with this Agreement (including without limitation the Specifications set forth in Exhibit A); and |
ii. | Xxxxxx shall immediately remove and discontinue use of the TFM Marks in any manner whatsoever and promptly pay all undisputed amounts then owing to TFM. |
15. | Governing Law. The parties shall attempt in good faith to promptly and amicably resolve any disputes arising out of, or in any way connected with, this Agreement. If such dispute cannot be resolved within a reasonable time through such good faith negotiations between executives of the |
Portions marked [***] have been omitted pursuant to a Confidential Treatment Request by The Fresh Market, Inc., this information has been filed separately with the Securities and Exchange Commission.
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parties (and if appropriate, with their respective counsel), then such dispute shall be settled under the rules of the American Arbitration Association by a single arbitrator. Any award resulting from arbitration shall be final and binding upon the parties, and the prevailing party shall be entitled to an award of its reasonable costs and attorneys’ fees from the non-prevailing party. Notwithstanding the foregoing, the parties may seek equitable relief (without the benefit of arbitration) when immediate relief is required given the nature of the dispute. The laws of the State of North Carolina shall govern this Agreement and all disputes shall be adjudicated in North Carolina. |
16. | Independent Contractors. The parties acknowledge that Xxxxxx is an independent contractor, not an employee of TFM, and TFM shall not be responsible for any salary, benefits, or other employee-related expenses including, without limitation, holidays, sick days, personal days, health insurance, worker’s compensation, etc. with regard to Xxxxxx’ employees. Nothing contained herein or inferable herefrom shall be deemed or construed to create any partnership, joint venture, or other business entity between TFM and Xxxxxx. |
17. | No Solicitation/No Hire. During the term of this Agreement, and for one (1) year thereafter, both parties agree not to knowingly solicit or to offer employment to any employee of the other party without having obtained the other party’s prior written consent; provided, however, that nothing herein shall restrict or preclude either party’s right to make generalized searches for employees by use of advertisements in the media or by engaging search firms which are not targeted or focused on employees of the other party. This Section shall not be deemed to prohibit either party’s hiring of any employee of the other party who initially contacts the hiring party without any action by the hiring party or anyone acting on the hiring party’s behalf. |
18. | Assignment. The rights, privileges, and obligations under this Agreement are not assignable by Xxxxxx without TFM’s prior written consent, which consent may be granted or withheld in TFM’s sole discretion. TFM may terminate this Agreement by written notice to Xxxxxx if (i) Xxxxxx sells substantially all of its assets; (ii) the persons or entities that, on the date of this Agreement, own all of the voting capital stock of Xxxxxx cease to own more than fifty percent (50%) of such stock; (iii) Xxxxxx participates in a merger, reorganization, consolidation, share exchange or any other business transaction in which, following the merger, less than fifty percent (50%) of the shares of the surviving entity are owned by persons or entities who own a controlling interest in Xxxxxx as of the date of this Agreement; (iv) Xxxxxx commences the liquidation, dissolution, or winding-up of its affairs; and/or (v) Xxxxx discontinues its operations. As used herein, TFM may assign its rights, privileges, and obligations under this Agreement without the prior consent of Xxxxxx, and such rights, privileges, and obligations shall extend to, bind, and inure to the benefit of TFM’s successors and assigns. |
19. | Notices. Unless otherwise provided in this Agreement, all notices shall be in writing and delivered overnight courier services to the address for each party fisted below, which address may be changed by said party, from time to time, upon written notice to the other party: |
If to TFM: Attn: Xxxxxx Xxxxxxxx and Xxxxxx Xxxxx 000 Xxxxx Xxxxxx Xxxx, Xxxxx 000 Xxxxxxxxxx, XX 00000 |
If to Xxxxxx: Xxxxxx Logistics Attn: Xxxxxx X. Xxxxxx and Xxxxxx X. Xxxxxx 000 X.X. 0xx Xxxxxx Xxxxxxx, XX 00000 | |
Tel: (000) 000-0000 Fax: (000) 000-0000 |
Tel: (000) 000-0000 Fax: (000) 000-0000 |
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E-mail: xxxxxxxxxxxxxx@xxxxxxxxxxxxxx.xxx |
E-mail: xxxxxxx@xxxxxxxxxxxxxxx.xxx xxxxxxx@xxxxxxxxxxxxxxx.xxx |
20. | Exhibits; Entire Agreement; Amendments. All exhibits attached hereto are incorporated herein by reference and the provisions thereof constitute a part of this Agreement. The terms herein constitute the entire agreement between the parties and supersede all other oral and written representations related thereto. Each party has had the benefit of legal counsel during the negotiations that have resulted in this Agreement. As a consequence of such parity in bargaining power and position, this Agreement shall enjoy a neutral construction and shall not be strictly construed against either party as the scrivener hereof or pursuant to any other legal theory of contract construction. This Agreement may not be modified or amended, unless in writing signed by both parties. |
21. | Severability. If any part of this Agreement is determined to be invalid or illegal by any court or agency of competent jurisdiction, then that part shall be limited or curtailed to the extent necessary to make such provision valid, and all other remaining terms of this Agreement shall remain in full force and effect. |
22. | Counterparts/Facsimile Signatures. This Agreement may be executed in any number of counterparts, each of which shall be deemed to be an original but all of which shall constitute one and the same Agreement. The parties agree that the effectiveness of any facsimile documents and signatures shall, subject to applicable law, be the same as manually-signed originals. Either party may require that any facsimile documents and signatures provided hereunder be confirmed by a manually-signed original thereof; provided, however, that the failure to request or deliver the same shall not limit the effectiveness of any facsimile document or signature. |
23. | Miscellaneous. Whether or not expressly so stated in each of the provisions above, Xxxxxx shall perform all of its obligations hereunder at Xxxxxx’ sole cost and expense, and TFM’s payment obligations shall only be those expressly set forth in Sections 3 and 6 above. TFM shall use reasonable efforts to provide Xxxxxx forecasts of expected spikes in Product volume for purposes of Xxxxxx’ transportation planning. This is not an exclusive dealing or requirements contract. TFM is not required to order from Xxxxxx any minimum number of cases of Product per Contract Year or otherwise. Notwithstanding the foregoing, and to the extent TFM orders Products listed in Exhibit A (as such Exhibit A may be modified from time to time in accordance with Section 2(d)), TFM will use good faith efforts to order such kinds of Products from Xxxxxx and to use Xxxxxx as a primary supplier for such kinds of Products. |
24. | Definitions. Defined terms (beginning with capital letters) used herein and not otherwise defined in the body of this Agreement, shall have the meanings given to them in Exhibit C. |
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THE FRESH MARKET, INC., | XXXXXX LOGISTICS, | |||||||
a North Carolina Corporation | a Delaware Corporation | |||||||
By: | /s/ Xxxxx X. Xxxxx | By: | /s/ Xxxxxx X. Xxxxxx | |||||
Name: | Xxxxx X. Xxxxx | Name: | Xxxxxx X. Xxxxxx | |||||
Title: | President & CEO | Title: | President, CEO | |||||
By: | /s/ Xxxxxx Xxxxxx | |||||||
Name: | Xxxxxx Xxxxxx | |||||||
Title: | President, Xxxxxx Refrigerated Logistics | |||||||
By: | /s/ Xxxx X. Xxxxxxxx | |||||||
Name: | Xxxx X. Xxxxxxxx | |||||||
Title: | President, Xxxxxx Retail Logistics |
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Exhibit A
Specifications
1. | Product Damages. Products shall be free of any visible damages due to production faults, mishandling, or temperature abuse and shall not otherwise be adulterated or misbranded. Without limiting TFM’s other rights and remedies under this Agreement, TFM shall not be required to accept delivery of Products which (a) are damaged, (b) were subjected to temperature abuse, (c) were adulterated or misbranded, or (d) are not Active Products. |
2. | Product Temperature. |
a. | The temperature of all deli meat, meat items, seafood, chicken, fresh mozzarella cheese, eggs, dairy, cheese and convenient meal solution items must be maintained between 40 degrees and 32.5 degrees Fahrenheit. |
b. | The temperature of all ice cream items must be maintained at -15 degrees Fahrenheit or lower. |
c. | The temperature of all other Products must be maintained according to the applicable supplier’s or vendor’s recommendations. |
3. | Product Dating. All Product delivered to TFM Stores shall be within the dating guidelines listed below. Any [***] delivered to TFM’s Stores shall have a minimum of [***] and a maximum of [***]. If no dating guidelines are set forth below for a Product, Xxxxxx shall obtain written guidelines for such Product from TFM. |
Deli | Minimum Shelf Life Days at Receipt into Xxxxxx |
Minimum Shelf Life Days at Time of Delivery to TFM Stores | ||
[***] |
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[***] |
[***] | [***] | ||
[***] |
[***] | [***] | ||
[***] |
[***] | [***] | ||
[***] |
[***] | [***] | ||
[***] |
[***] | [***] | ||
[***] |
[***] | [***] | ||
[***] |
[***] | [***] | ||
[***] |
[***] | [***] | ||
[***] |
[***] | [***] | ||
[***] |
[***] | [***] | ||
Seafood | ||||
[***] |
[***] | [***] | ||
[***] |
[***] | [***] | ||
[***] |
[***] | [***] | ||
[***] |
[***] | [***] | ||
[***] |
[***] | [***] | ||
[***] |
[***] | [***] | ||
[***] |
[***] | [***] |
Portions marked [***] have been omitted pursuant to a Confidential Treatment Request by The Fresh Market, Inc., this information has been filed separately with the Securities and Exchange Commission.
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CMS | Minimum Shelf Life Days at Receipt into Xxxxxx |
Minimum Shelf Life Days at Time of Delivery to TFM Stores | ||
[***] |
[***] | [***] | ||
[***] |
[***] | [***] | ||
[***] |
[***] | [***] | ||
[***] |
[***] | [***] | ||
[***] |
[***] | [***] | ||
[***] |
[***] | [***] | ||
[***] |
||||
[***] |
[***] | [***] | ||
[***] |
[***] | [***] | ||
[***] |
[***] | [***] | ||
[***] |
[***] | [***] | ||
[***] |
[***] | [***] | ||
[***] |
[***] | [***] | ||
[***] |
[***] | [***] | ||
[***] |
[***] | [***] | ||
[***] |
[***] | [***] | ||
[***] |
[***] | [***] | ||
[***] |
[***] | [***] | ||
[***] |
[***] | [***] | ||
[***] |
[***] | [***] | ||
[***] |
[***] | [***] | ||
[***] |
[***] | [***] | ||
[***] |
[***] | [***] | ||
[***] |
[***] | [***] | ||
[***] |
[***] | [***] | ||
[***] |
[***] | [***] | ||
[***] |
[***] | [***] | ||
Dairy | ||||
[***] |
[***] | [***] | ||
[***] |
[***] | [***] | ||
[***] |
[***] | [***] | ||
[***] |
[***] | [***] | ||
[***] |
[***] | [***] | ||
[***] |
[***] | [***] | ||
[***] |
[***] | [***] | ||
[***] |
[***] | [***] | ||
[***] |
[***] | [***] | ||
Coffee | ||||
[***] |
[***] | [***] | ||
[***] |
[***] | [***] |
Portions marked [***] have been omitted pursuant to a Confidential Treatment Request by The Fresh Market, Inc., this information has been filed separately with the Securities and Exchange Commission.
13
Meat | Minimum Shelf Life Days at Receipt into Xxxxxx |
Minimum Shelf Life Days at Time of Delivery to TFM Stores | ||
[***] |
[***] | [***] | ||
[***] |
[***] | [***] | ||
[***] |
[***] | [***] | ||
[***] |
[***] | [***] | ||
[***] |
[***] | [***] | ||
[***] |
[***] | [***] | ||
[***] |
[***] | [***] | ||
[***] |
[***] | [***] | ||
[***] |
[***] | [***] | ||
[***] |
[***] | [***] | ||
[***] |
[***] | [***] | ||
[***] |
[***] | [***] | ||
[***] |
[***] | [***] | ||
Bakery | ||||
[***] |
[***] | [***] | ||
[***] |
[***] | [***] | ||
[***] |
[***] | [***] | ||
[***] |
[***] | [***] | ||
[***] |
[***] | [***] | ||
[***] |
[***] | [***] | ||
[***] |
[***] | [***] | ||
[***] |
[***] | [***] | ||
[***] |
[***] | [***] | ||
[***] |
[***] | [***] | ||
[***] |
[***] | [***] | ||
[***] |
[***] | [***] | ||
[***] |
[***] | [***] | ||
[***] |
[***] | [***] | ||
[***] |
[***] | [***] | ||
[***] |
[***] | [***] | ||
[***] |
[***] | [***] | ||
[***] |
[***] | [***] |
4. | Miscellaneous. If no specifications exist for a Product, Xxxxxx shall obtain written guidelines for such Product from TFM. |
5. | Modification of Exhibit. This Exhibit A shall be deemed modified from time to time to include new Product lines and accompanying Specifications as directed by TFM in writing and/or to discontinue Product lines and accompanying Specifications as directed by TFM in writing. |
Portions marked [***] have been omitted pursuant to a Confidential Treatment Request by The Fresh Market, Inc., this information has been filed separately with the Securities and Exchange Commission.
14
Exhibit B
Estimated Product Case Markup Table
1. | Product Pricing. For purposes of this Agreement, the following volume/case upcharge amounts shall be used in calculating the case upcharge amounts charged to TFM. |
Volume (Measured in Semi-Annual Periods) | Case Upcharge | |
[***] | [***] | |
[***] | [***] | |
[***] | [***] | |
[***] | [***] | |
[***] | [***] | |
[***] | [***] | |
[***] | [***] | |
[***] | [***] | |
[***] | [***] | |
[***] | [***] | |
[***] | [***] | |
[***] | [***] | |
[***] | [***] | |
[***] | [***] | |
[***] | [***] | |
[***] | [***] | |
[***] | [***] | |
[***] | TBD |
Contract Year |
1 | 2 | 3 | 4 | 5 | ||||||||||
(Annual) Estimated |
|||||||||||||||
Product Case Volume |
[ | ***] | [ | ***] | [ | ***] | [ | ***] | [ | ***] | |||||
Baseline Minimum Profit |
[ | ***] | [ | ***] | [ | ***] | [ | ***] | [ | ***] |
Examples of “Adjustment Amount” Calculations:
Section (b) (i) examples:
Example 1:
[***].
Example 2:
Portions marked [***] have been omitted pursuant to a Confidential Treatment Request by The Fresh Market, Inc., this information has been filed separately with the Securities and Exchange Commission.
15
[***].
Example 3:
[***].
Section (b) (i) & (ii) examples:
Example 1:
[***]
Portions marked [***] have been omitted pursuant to a Confidential Treatment Request by The Fresh Market, Inc., this information has been filed separately with the Securities and Exchange Commission.
16
Exhibit C
Definitions
“Active Product(s)” means Products listed on TFM’s then current month’s order guide.
“Actual Case Volume” means number of cases shipped from the Facility to TFM stores excluding Cross Dock Product for the applicable period.
“Actual Operating Costs” means the cost required for transportation, warehouse operations, Product buying, and applicable administration specific to TFM.
“Actual Ordered Case Volume” means the number of cases ordered by TFM from Xxxxxx.
“Actual Product Case Cost” means the sum of the Inbound Product Case Cost and the applicable Case Upcharge (calculated using the Actual Case Volume).
“Adjustment Amount” means the applicable amount as calculated below:
[***]
Examples of Adjustment Amount calculations are shown in Exhibit B.
“Baseline Minimum Profit” means the amount shown as such in Exhibit B for the applicable Contract Year (prorated for Partial Contract Years).
“Below Threshold Fee” means [***].
“Brokerage Monies” means funds provided by the suppliers or vendor that would otherwise be paid to third-party brokers.
“Xxxxxx’ Actual Profit” means [***].
Portions marked [***] have been omitted pursuant to a Confidential Treatment Request by The Fresh Market, Inc., this information has been filed separately with the Securities and Exchange Commission.
17
“Case Upcharge” means the applicable amount shown in Exhibit B plus the Fuel Cost Adjustment. [***].
“Competitive” means that Xxxxxx will use its best efforts to help TFM achieve the best possible Inbound Product Case Cost by purchasing all Products in the best brackets based on an economic order quantity method to be defined by TFM. Xxxxxx also agrees to actively seek and make any forward buys that will reduce TFM’s Inbound Product Case Cost. Xxxxxx will use its best efforts to determine Product cost competitiveness and reduce Inbound Product Case Cost whenever possible. Xxxxxx will utilize all third party product resources (diverters) when deemed by TFM to be cost effective and appropriate. Xxxxxx agrees to purchase all Products as directed by TFM.
“Confidential Information” means any information provided by one party (the “disclosing party”) to the other (the “non-disclosing party”) during the term of this Agreement and designated as confidential by such disclosing party, including, without limitation, any and all information regarding a party’s business methods, vendor lists, marketing strategy, customers, data, technical information so provided; provided, however, Confidential Information shall not include information or documentation that (i) is or becomes publicly available other than as a result of acts by either party in breach of the Agreement, (ii) is in the non-disclosing party’s possession prior to such disclosure or is independently derived by the non-disclosing party without the aid, application or use of the Confidential Information, (iii) is disclosed to the non-disclosing party by a third party on a non-confidential basis, or (iv) the non-disclosing party is required by law to disclose in the opinion of the non-disclosing party’s legal counsel.
“Contract Year” means each twelve (12) month period of January 1 through December 31 during the term of this Agreement. Any period during the term hereof which is less than a full twelve (12) month period is referred to herein as a Partial Contract Year.
“Cross Dock” means Product delivered to and distributed by Xxxxxx, but not owned, invoiced, or inventoried by Xxxxxx.
“Delivery Route Mileage” means the number of miles traveled by Xxxxxx in delivering Products from the Facility to the TFM Stores on the delivery route and returning to the Facility.
“Estimated Case Volume” means TFM’s estimate of the number of cases that will be ordered by TFM and shipped from the Facility to TFM Stores (excluding Cross Dock Product) for the applicable period.
“Estimated Product Case Cost” means the sum of the Estimated Inbound Product Case Cost and the applicable Case Upcharge (calculated using the Estimated Case Volume).
“Facility” means the distribution facility owned or leased by Xxxxxx in Atlanta, Georgia and includes trucking operations, and buying and administrative services necessary for the production, warehousing, and delivery of Products.
“Fuel Cost Adjustment” means the applicable adjustment to Case Upcharge as calculated below:
(a) | [***]. |
Portions marked [***] have been omitted pursuant to a Confidential Treatment Request by The Fresh Market, Inc., this information has been filed separately with the Securities and Exchange Commission.
18
(b) | [***]. |
“Grocery Items” means supply items, non-food items, foodstuffs and drinks including, without limitation, any or all of the following: (i) dairy products (including without limitation milk, yogurt, ice cream, cheese and/or any other items commonly found in a grocery store and/or supermarket dairy section), (ii) produce (including without limitation vegetables, fruits and/or any other items commonly found in a grocery store and/or supermarket produce section), (iii) coffee (including without limitation whole bean, ground and by the cup), tea and candies (including without limitation packaged, bulk, and full service chocolates, confections, and other items commonly found in a grocery store and/or supermarket candy section), (iv) nuts, snack mixes, and other bulk food items, (v) bakery products (including without limitation fresh breads, desserts and/or any other items commonly found in a grocery store and/or supermarket bakery section), (vi) meat (including without limitation beef, pork and poultry), (vii) seafood (including without limitation fish, shellfish, and crustaceans), (viii) liquor, beer, wine and/or other alcoholic beverages, (ix) sandwich, deli and convenient meal solution items (including without limitation sushi, deli meats, and deli cheeses), and (x) vitamins, herbs and supplements.
“Holiday Periods” means all or any portion of the period from 12:00 A.M. on November 10 through 11:59 P.M. on January 5 of any year.
“Inbound Product Case Costs” means cost of Product FOB to Xxxxxx’x dock at the Facility (using a FIFO inventory valuation method), [***], minus all credits, including, without limitation, Regular Retail Allowances and Promotional Monies and Brokerage Monies.
“Miscellaneous Costs” means the inventory carrying costs, the Facility improvements/hardware costs and startup costs for each Contract Year (or Partial Contract Year).
“Missed Delivery” means Xxxxxx fails to make a delivery to a TFM Store within [***] of the time and day scheduled.
“On-Time Delivery” means [***] from the scheduled delivery time that Xxxxxx is required to make its first delivery stop to a given TFM store on a given delivery day.
“Obligations” means the following obligations of Xxxxxx:
i. | Throughout the term, except during Holiday Periods, provide minimum in-stock performance (adjusted only for discontinued items) of [***] for all TFM Stores and all store categories in aggregate total for quantity and dollars, and additionally, after the first (1st) Contract Year, provide minimum in-stock performance (adjusted only for discontinued items) of [***] in all TFM Stores for quantity and dollars; |
ii. | Throughout the term, during Holiday Periods, provide minimum in-stock performance (adjusted only for discontinued items) of [***] for all TFM Stores and all store categories in aggregate total for quantity and dollars, and additionally, after the first (1st) Contract Year, provide minimum in-stock performance (adjusted only for discontinued items) of [***] in all TFM Stores for quantity and dollars; |
iii. | Provide weekly minimum On-Time Delivery performance level at [***] with expeditious, best effort delivery to all subsequent stores, time being of the essence; |
Portions marked [***] have been omitted pursuant to a Confidential Treatment Request by The Fresh Market, Inc., this information has been filed separately with the Securities and Exchange Commission.
19
iv. | Fully comply with Specifications; |
v. | Use best efforts to provide TFM with the lowest cost Product sourcing as defined by effective buying, transportation cost management, and inbound freight management; |
vi. | Full comply with all applicable federal, state, and local laws; |
vii. | Adhere to and the practice of ethical business principles, including but not limited to, true representation of actual costs, whether or operational, that would affect TFM’s Product costs; |
viii. | Xxxxxx shall at all times be Competitive; and |
ix. | Strictly comply with all other provisions of this Agreement. |
“Order and Delivery Schedule” means that schedule detailing the ordering of Products by TFM from Xxxxxx and the delivery of such Products to TFM by Xxxxxx.
“Other Facility Businesses” means any business (other than TFM) that utilizes the Facility.
“Other Income” means the sum of Transportation Backhaul and Unloading Fees and Purchasing Income.
“Products” means Grocery Items and any other perishable, nonperishable and frozen food items.
“Promotional Monies” means funds provided by suppliers or vendors to reduce Inbound Product Case Cost for the purposes of providing additional profit dollars for the retailer or to provide funds for temporary price cuts from the retailer.
“Purchasing Income” means [***].
“Reconciliation Date(s)” means the last day of TFM’s fiscal accounting Period 6 and the last day of TFM’s fiscal accounting Period 12 as shown on TFM’s reporting calendar for each Contract Year during the term of this Agreement. On or before December 15th of each Contract Year, TFM shall provide Xxxxxx an updated annual reporting calendar showing the fiscal periods for the following Contract Year.
“Reconciliation Statement” means a statement detailing any accruals and reconciliations between the Actual Product Case Costs and the Estimated Product Case Costs.
“Regular Retail Allowances” means allowances and discounts provided to TFM from suppliers or vendors or allowances and discounts normally provided retailers.
“Semi-Annual Period” means each six (6) month period of January 1 through June 30 and each six (6) month period of July 1 through December 31 during the term of this Agreement. Any period during the term hereof which is less than a full six (6) month period is referred to herein as a Partial Semi-Annual Period.
“Slotting Fees” means [***].
“Specialty Food Product(s)” means products that provide an added value appeal for one or more of the following reasons:
i. | Quality of ingredients, manufacturing process, and/or finished product; |
ii. | Sensory appeal, flavor, consistency, texture, aroma, and/or appearance; |
Portions marked [***] have been omitted pursuant to a Confidential Treatment Request by The Fresh Market, Inc., this information has been filed separately with the Securities and Exchange Commission.
20
iii. | Presentation (branding or packaging); |
iv | Origin channel (where product was manufactured); and/or |
v. | Distribution (specialty food retail outlets or sections within supermarkets/grocery stores). |
“Specifications” means the specifications set forth in Exhibit A.
“Threshold Volume” means an [***].
“Transportation Backhaul” means revenue generated from transporting product on trucks after making deliveries to TFM stores. Generally, Transportation Backhaul is provided for inbound Product to the warehouse from suppliers’ or vendors’ shipping points.
“TFM Marks” means any registered trademarks, trade names, service marks or logos, or any other intellectual property rights of TFM.
“TFM Profit” means the applicable Profit Amount {shown in the table below) as determined by the (annual) Actual Case Volume:
Case Volume | [***] | [***] | [***] | [***] | [***] | |||||
Profit Amount | [***] | [***] | [***] | [***] | [***] |
“TFM Store(s)” means all current and future TFM stores unless otherwise specified or designated by TFM in writing.
“Unloading Fees” means [***].
Portions marked [***] have been omitted pursuant to a Confidential Treatment Request by The Fresh Market, Inc., this information has been filed separately with the Securities and Exchange Commission.
21
Exhibit D
TFM Stores
1 | 3708 Lawndale Drive | 19 | 7825 Pineville/Xxxxxxxx Xx | 33 | 995 North Slate Rd 434, #400 | 46 | 13499 X. Xxxxxxxxx Avenue | 65 | 5525 Abercorn Street | 82 | 4120 NW 18th Boulevard | |||||||||||
Greensboro, NC 27455 | Charlotte, NC 28226 | Altamonte Springs, FL 32714 | Ft. Myers, FL 33907 | Savannah, GA 31405 | Gaxxxxxxxxx, XX 00000 | |||||||||||||||||
Xxxx Xxxxxxx, Manager | Xxxx Xxxxxxx, Manager | Thierry Vancompa, Manager | Xxxxxxxx Xxxxxxx, Manager | Xxx Xxxxxx, Manager | Xxxxxx Xxxxx, Manager | |||||||||||||||||
336.282.4832 (F) 336.282.8176 | 704.541.1882 (F) 000.000.0000 | 407.786.1801 (F) 407.786.1807 | 239.454.1053 (F) 239.454.4529 | 912.354.6075 (F) 912.354.3686 | 352.376.1024 (F) 352.376.1733 | |||||||||||||||||
3 | 944 Marrimon Avenue | 20 | 6861 Falls of Nause Road | 34 | 3005 Old Alabama Road | 47 | 1300-0 Xxxxxxx Xxxxxx Xxxx. | 66 | 27251 Bay Landing Drive | 83 | 4800 Whitesburg Drive | |||||||||||
Asheville, NC 28804 | Raleigh, NC 27615 | Aloharetta, GA 30022 | Tallahassee, FL 32312 | Bonila Springs, FL 34135 | Huxxxxxxxx, XX 00000 | |||||||||||||||||
Xxxx Xxxxx, Manager | Xxx Xxxxxxx, Manager | Xxxxxx Xxxxxxx, Manager | Xxxx Xxxxx, Manager | Xxxx Xxxx, Manager | Xxxxxxx Friend, Manager | |||||||||||||||||
828.252.9098 (F) 828.251.0947 | 919.676.2939 (F) 919.676.2901 | 770.664.5350 (F) 770.664.9141 | 850.907.1392 (F) 850.907.1395 | 239.390.5948 (F) 239.390.7162 | 256.880.9042 (F) 256.880.9117 | |||||||||||||||||
5 | 220 Xxxxxxxxxx Xxxxxxx | 00 | 00000 Xxxxxxxx Xike | 35 | 10460 Shelbyville Road | 48 | 890 Xxxxxxx Xxxxxx Parkway #110 | 67 | 2207 Colonial Avenue, SW | |||||||||||||
Hendersonville, NC 28792 | Farragut, TN 37934 | Louisville, KY 40223 | Hilton Head Island, SC 29928 | Roanoke, VA 24015 | ||||||||||||||||||
Xxxx Xxxxxxxx, Manager | Xxxx Xxxxx, Manager | Xxxxxx Xxxxx, Manager | Xxxxx Xxxxxxx, Manager | Xxxxxxxx Xxxxxxxxxx, Manager | ||||||||||||||||||
828.698.4682 (F) 828.698.3322 | 865.671.3377 (F) 865.671.3379 | 502.244.1844 (F) 502.244.1810 | 843.842.8332 (F) 843.842.8326 | 540.344.5490 (F) 540.344.5491 | ||||||||||||||||||
6 | 2400 X Xxxxx Xxxxxx, Xxx. | 22 | 2288 Gunbarrel Road #20 | 36 | 13147 X. Xxxx Xxxxx | 49 | 4700 US Highway 280, #6 | 68 | 1500 Peachtree Industrial Blvd. | |||||||||||||
Greenville, SC 29615 | Chattanooga, TN 37421 | Tampa, FL 33618 | Birmingham, AL 35242 | Suwanee, GA 30024 | ||||||||||||||||||
Xxxxxxx Xxxxx, Manager | Xxxx Xxxxxxx, Manager | Xxxxxx Xxxxxxx, Manager | Xxxxxxxx Xxxxx, Manager | Xxxxxx Xxxxx, Manager | ||||||||||||||||||
864.292.2868 (F) 864.244.9369 | 423.499.4223 (F) 423.855.9971 | 813.964.8001 (F) 813.964.8011 | 205.991.0294 (F) 205.980.0578 | 678.714.0976 (F) 678.714.5263 | ||||||||||||||||||
7 | 4840 Forest Drive | 23 | 1303 Jamestown Road #113 | 37 | 2200 N. Flamingo Road #14A | 55 | 2640 S. Bayshore Drive | 69 | 20125 Xxx Xxxx Boulevard | |||||||||||||
Columbia, SC 29206 | Williamsburg, VA 23185 | Pembroke Pines, FL 33028 | Miami, FL 33133 | Shaker Heights, OH 44122 | ||||||||||||||||||
Xxxx Xxxxxx, Manager | Xxxx Xxxxxx, Manager | Xxxxxxx Xxxx, Manager | Xxxxxx Xxxxxx, Manager | Xxxxxx Xxxxxx, Manager | ||||||||||||||||||
803.782.9100 (F) 803.782.9501 | 757.565.1661 (F) 757.565.1843 | 954.436.7064 (F) 954.436.2340 | 305.854.7202 (F) 305.854.7386 | 216.283.5774 (F) 216.283.5779 | ||||||||||||||||||
To open 1/24/07 | ||||||||||||||||||||||
8 | 3655 XX Xxxx Parkway | 25 | 880 A1A North | 38 | 5000 Xx. Xxxxxxxx Boulevard | 56 | 2490 East 146th Street | |||||||||||||||
Cary, NC 27513 | Ponte Vedra Beach, FL 32082 | Orlando, FL 32819 | Carmel, IN 46033 | 70 | 1527 North Xxxxxx Road | |||||||||||||||||
Xxxxx Xxxxxx, Manager | Xxxxxx Xxxxxxx, Manager | Xxxxx Xxxxxx, Manager | Xxx Xxxxxx, Manager | Richmond, VA 23229 | ||||||||||||||||||
919.481.2865 (F) 919.469.9401 | 904.273.8450 (F) 904.273.8696 | 407.294.1516 (F) 407.294.1306 | 317.815.1970 (F) 317.815.1977 | Xxxx Xxxxxxx, Manager | ||||||||||||||||||
804.282.3823 (F) 804.282.4187 | ||||||||||||||||||||||
9 | 5609-C Friendly Avenue | 26 | 10950 Sax Xxxx Xxxxxxxxx | 00 | 0000 Xxxxxx Xxx. | 58 | 235 Franklin Road | |||||||||||||||
Greensboro, NC 27410 | Jacksonville, FL 32223 | Germantown, TN 38138 | Brentwood, TN 37027 | 71 | 3722 Xxxxxxxxx Boulevard | |||||||||||||||||
Xxxx Xxxxx, Manager | Xxx Xxxxx, Manager | Xxxxx Xxxxxxxx, Manager | Xxxx Xxxxxxx, Manager | Tampa, FL 33609 | ||||||||||||||||||
336.855.6114 (F) 336.855.3554 | 904.880.7889 (F) 904.880.8943 | 901.737.5759 (F) 901.756.2476 | 615.373.9402 (F) 615.373.9982 | Xxxxx Xxxxxxxx, Manager | ||||||||||||||||||
813.875.7400 (F) 813.875.7408 | ||||||||||||||||||||||
11 | 4475 Kingston Pike | 27 | 4100 Xxxxxxx Xxxxx, N. | 40 | 18299 Biscayne Boulevard | 59 | 718 Commons Drive | |||||||||||||||
Knoxville, TN 37919 | Naples, FL 34103 | Aventura, FL 33160 | Geneva, IL 60134 | 73 | 10640 Forest Hill Boulevard | |||||||||||||||||
Xxx Xxxxxx, Manager | Xxx Xxxxxxxxxx, Manager | Xxxxx Xxxxxx, Manager | Xxx Xxxxxx, Manager | Wellington, FL 33414 | ||||||||||||||||||
865.584.8699 (F) 865.588.3856 | 239.430.2444 (F) 239.430.2432 | 305.466.1786 (F) 305.466,1762 | 000.000.0000 (F) 000.000.0000 | Xxxx Xxxxx, Manager | ||||||||||||||||||
561.753.9861 (F) 561.798.8267 | ||||||||||||||||||||||
12 | 280 S. Stratford Road | 28 | 100 W. Camino Real | 41 | 835 X. Xxxxx Station Road | 60 | 1920 Xxxxxxxxx Road | |||||||||||||||
Winston-Salem, NC 27103 | Boca Raton, FL 33432 | Memphis, TN 38117 | Columbus, OH 43220 | 75 | 7888 Xxxxxxxxxx Road | |||||||||||||||||
Rich Salvards, Manager | Xxxxx Xxxxxxxx, Manager | Xxxx Xxxxxxxxxx, Manager | Xxxxxxx Xxxxxx, Manager | Cincinnati, OH 45236 | ||||||||||||||||||
336.723.1882 (F) 336.748.8608 | 561.338.2444 (F) 561.338.9806 | 901.682.3434 (F) 901.767.8119 | 614.326.1370 (F) 614.326.1381 | To open 2/13/07 | ||||||||||||||||||
13 | 400 Xxxxxxxx Road | 29 | 155 Xxxxxxx Xxxx | 42 | 3940 Airport Boulevard | 61 | 2099 Peachtree Road, NE | 76 | 4495 Commerce Drive, West | |||||||||||||
Raleigh, NC 27605 | Southern Pines, NC 28387 | Mobile, AL 36608 | Atlanta, GA 30309 | Destin, FL 32541 | ||||||||||||||||||
Xxx Xxxxxxx, Manager | Xxxx Xxxxxxxx, Manager | Xxxxxx Xxxxxxx, Manager | Xxx Xxxxx, Manager | Xxxxx Xxxxxx, Manager | ||||||||||||||||||
919.828.7888 (F) 919.864.8255 | 910.695.0587 (F) 910.695.0425 | 251.344.8026 (F) 251.344.8614 | 404.350.3211 (F) 404.350.3037 | To open 2/21/07 | ||||||||||||||||||
14 | 141 Fernwood Drive | 30 | 25961 U.S. Hixxxxx 00 | 00 | 0000 Xxxxxxxx-Xxxxxxxx Xx. | 62 | 1816 N. Causeway Boulevard | 78 | 2026 Rochester Road | |||||||||||||
Spartanburg, SC 29307 | Clearwater, FL 33763 | Dunwoody, GA 30338 | Mandeville, LA 70471 | Rochester Hills, MI 48306 | ||||||||||||||||||
Xxxxx Xxxxxx, Manager | Xxxxx Xxxxxxx, Manager | Xxxx Xxxxx, Manager | Skip Xxxxx, Manager | Xxxxx XxXxxxxxx, Manager | ||||||||||||||||||
864.573.6627 (F) 864.585.3247 | 727.669.6111 (F) 727.669.7127 | 770.481.0304 (F) 770.481.0812 | 985.674.4105 (F) 985.674.4143 | 248.293.2810 (F) 248.293.2814 | Pursuant to Section 2 of this Agreement, this Exhibit A shall be deemed modified, from time to time, to include future TFM Stores and/or delete closed TFM Stores. | |||||||||||||||||
15 | 2701 Washington Road | 31 | 4633 University Drive | 44 | 1205 Xxxxxxx Ferry Road #109 | 63 | 20771 X. Xxxx Road | 79 | 3088 Madison Road | |||||||||||||
Augusta, GA 30909 | Coral Springs, FL 33067 | Marietta, GA 30068 | Kideer, IL 80047 | Cincinnati, OH 45209 | ||||||||||||||||||
Xxxxxxxxx Xxxxxxx, Manager | Xxx Xxxxxxxxxx, Manager | Xxxxx Xxxxxxx, Manager | Xxxxx Xxxxxxxx, Manager | Xxxxx Xxxxxxxx, Manager | ||||||||||||||||||
706.667.0090 (F) 706.667.0014 | 954.757.3640 (F) 954.757.7893 | 770.578.4566 (F) 770.578.6763 | 847.719.1305 (F) 847.719.1308 | 513.533.2600 (F) 513.533.0406 | ||||||||||||||||||
17 | 0000 Xxxxxxxxxx Xxxx | 32 | 744 Hiltop Xxxxx Xxxxxxxx Xxx. | 00 | 0000 Xxxxxxx Xxxxxxxxx | 64 | 0000 X. Xxxxxxxxx Xxxxxxxxx | 81 | 0000 Xxxxxx Xxxxxx Xxxxxxx | |||||||||||||
Xxxxxxxxx, XX 00000 | Xxxxxxxx Xxxxx, XX 00000 | Xxxxxxxxxx, XX 00000 | Ft. Xxxxx, XX 00000 | Center Xxxxxx, XX 00000 | ||||||||||||||||||
Xxxxxx Xxxx, Manager | Xxxx Xxxxxxx, Manager | Xxxxxx Xxxxxx, Manager | Xxxx Xxxxxx, Manager | Xxxxx Xxxxxx, Manager | ||||||||||||||||||
704.365.6659 (F) 704.365.6792 | 757.491.0904 (F) 757.491.4301 | 334.272.8952 (F) 334.272.4182 | 260.459.9691 (F) 260.459.9694 | 610.798.7474 (F) 610.798.9140 | ||||||||||||||||||
To open 1/17/07 |