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Exhibit 10.11
AMENDMENT AGREEMENT
Amendment Agreement dated as of May 29, 1997 among PFS, an unincorporated
division of PepsiCo, Inc., a North Carolina corporation, Pizza Hut, Inc., a
Delaware corporation, Taco Xxxx Corp., a California corporation, Kentucky Fried
Chicken Corporation, a Delaware corporation, and Kentucky Fried Chicken of
California, Inc., a Delaware corporation.
WHEREAS, the parties hereto are parties to the Sales and Distribution
Agreement dated as of May 6, 1997 (the "Distribution Agreement") pursuant to
which PFS has been appointed as the exclusive distributor of certain food,
supplies and smallwares sold to company owned Pizza Hut, Taco Xxxx and KFC
Restaurants in the continental United States; and
WHEREAS, the parties hereto desire to amend the Distribution Agreement on
the terms set forth herein.
NOW, THEREFORE, the parties hereto hereby agree as follows:
(1) Section 9 of the Distribution Agreement is hereby amended by adding
the following sentence to the end of such Section:
"Notwithstanding anything to the contrary herein, the termination of this
Agreement at the expiration of such term or otherwise shall not operate to
terminate the appointment of PFS as an approved distributor of the Restaurant
Products sold to all Pizza Hut, Taco Xxxx and KFC restaurants pursuant to
Section 1 hereof."
(2) Other than as specifically set forth herein, the Distribution
Agreement shall remain in full force and effect, without amendment, modification
or waiver.
IN WITNESS WHEREOF, the parties hereto have duly executed this Agreement as
of the date first set forth above.
PFS, a division of PepsiCo, Inc.
By: /s/ Xxxxx X. Xxxxx
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Pizza Hut, Inc.
By: /s/ Xxxxx Xxxxx
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Xxxxx Xxxxx
President, Chief Executive Officer
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Taco Xxxx Corp.
By: /s/ Xxxx Xxxxxxx
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Xxxx Xxxxxxx
President, Chief Executive Officer
Kentucky Fried Chicken Corporation
By: /s/ Xxxxx Xxxxx
----------------------------------
Xxxxx Xxxxx
President, Chief Executive Officer
Kentucky Fried Chicken of California, Inc.
By: /s/ Xxxxx Xxxxx
----------------------------------
Xxxxx Xxxxx
President, Chief Executive Officer
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