EXHIBIT 10.3
AMENDMENT NO. 1, dated as of July 13, 2001 (this "Agreement"), to
the Asset Purchase Agreement, dated as of June 1, 2001, (the "Purchase
Agreement"), by and among XXXXXX FOODS CORPORATION, a Delaware corporation
("BFC"), BFC INVESTMENTS, L.P., a Delaware limited partnership ("BFC
Investments"), BF FOODS INTERNATIONAL CORPORATION, a Delaware corporation
("BFIC") and AMERICAN ITALIAN PASTA COMPANY, a Delaware corporation ("Buyer").
All capitalized terms used herein and not otherwise defined shall have the
meanings given them in the Purchase Agreement.
RECITALS
BFC, BFC Investments, BFIC and the Buyer hereby agree to certain
amendments to the Purchase Agreement, on the terms and subject to the conditions
set forth herein.
NOW, THEREFORE, in consideration of the premises contained herein
and for other good and valuable consideration, the receipt and sufficiency of
which are hereby acknowledged, the parties hereto hereby agree as follows:
Section 1. Amendments to the Purchase Agreement.
1.1. Section 5.13(a) of the Purchase Agreement is hereby amended by
replacing the words "Until the nine-month anniversary of the Closing Date," with
the words "Until January 31, 2002,".
1.2 Section 5.13(b) of the Purchase Agreement is hereby amended
by replacing the words "Until the nine-month anniversary of the Closing Date,"
with the words "Until January 31, 2002,".
Section 2. General Provisions.
2.1. This Agreement may be executed in any number of counterparts,
each of which shall be deemed to be an original and all of which together shall
be deemed to be one and the same instrument.
2.2 Except as expressly modified by this Agreement, all of the
representations, warranties, terms, covenants, conditions and other provisions
of the Purchase Agreement shall remain in full force and effect in accordance
with their respective terms.
2.3 This Agreement shall be governed and construed in accordance
with the laws of the State of New York.
IN WITNESS WHEREOF, the parties have caused this Agreement to be
duly executed as of the date first above written.
XXXXXX FOODS CORPORATION
By: /s/ Xxxxx X. Xxxx
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Name: Xxxxx X. Xxxx
Title: President
BFC INVESTMENTS, L.P.
By: /s/Xxxxxx X. Xxxxx
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Name: Xxxxxx X. Xxxxx
Title: Secretary
BF FOODS INTERNATIONAL CORPORATION
By: /s/ Xxxxxx X. Xxxxx
-------------------------
Name: Xxxxxx X. Xxxxx
Title: Secretary
AMERICAN ITALIAN PASTA COMPANY
By: /s/ Xxxxx X. Xxxxxx
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Name: Xxxxx X. Xxxxxx
Title:
