Imperial Sugar Company
Exhibit (d)(5)
Imperial Sugar Company
0000 Xxxxxxx 00-X
Xxxxx Xxxx, XX 00000
April 26, 2012
Xxxxx Xxxxxxx Commodities LLC
00 Xxxxxxx Xxxx
P.O. Box 810
Wilton, CT 06897
Attention: Xxxxx Xxxxx
Vice President & Treasurer
Dear Xx. Xxxxx:
Reference is made in this letter agreement to that certain Confidentiality Agreement, dated July 22, 2011 (as amended, restated, supplemented or otherwise modified from time to time, the “Confidentiality Agreement”), by and between you and Imperial Sugar Company, a Texas corporation (the “Company”). In this letter agreement, you and the Company are referred to individually as a “Party”, and collectively as the “Parties”. Capitalized terms used herein and not otherwise defined shall have the meanings ascribed to such terms in the Confidentiality Agreement.
Notwithstanding anything to the contrary contained in the Confidentiality Agreement, it is hereby agreed that (x) certain provisional patents of the Company and the contents thereof, have been identified by the Company or its Representatives as “commercially sensitive” and will be provided to your Representatives Xxxx Xxxxxx and Xxxxx Xxxxxxxxxx for confirmatory due diligence purposes, and (y) without the prior written consent of the Company, you hereby agree that neither you, your Representatives Xxxx Xxxxxx and Xxxxx Xxxxxxxxxx nor any of your other Representatives will disclose any such “commercially sensitive” Evaluation Material to any of your other Representatives’ or any of your or their respective Affiliates’ other employees, and any related consent provided by the Company in connection therewith may be determined in the sole discretion of the Company. Nothing herein shall prevent your Representatives Xxxx Xxxxxx and Xxxxx Xxxxxxxxxx from discussing their review of the provisional patents of the Company described in clause (x) of the immediately preceding sentence with you or from providing their analysis and conclusions to you in connection therewith, provided that in no event may your Representatives Xxxx Xxxxxx and Xxxxx Xxxxxxxxxx provide you with a summary of the terms of such provisional patents of the Company.
The Parties hereto desire to amend the Confidentiality Agreement to make certain changes, acknowledgements and agreements, in each case, on the terms set forth in this letter agreement. Except as otherwise expressly provided by this letter agreement, all of the terms and conditions of the Confidentiality Agreement are hereby ratified and shall remain unchanged and continue in full force and effect and shall fully apply to this letter. The Parties hereby consent to the amendments, modifications, and other matters addressed by this letter agreement.
Xxxxx Xxxxxxx Commodities LLC
Page 2 of 3
This letter agreement may be executed in two or more counterparts, each of which will be deemed an original, but all of which together will constitute one and the same instrument. Delivery of an executed signature page of this letter agreement by facsimile transmission shall be effective as delivery of a manually executed counterpart hereof.
[Signature page follows]
Xxxxx Xxxxxxx Commodities LLC
Page 3 of 3
If the foregoing correctly sets forth our agreement, please sign and return one copy of this letter agreement to Xxxxx X. Xxxxxxxxx of the Company (the Company’s General Counsel), at facsimile number 000-000-0000 or by PDF and to Xxxxxx Xxxxxxxx of Xxxx, Weiss, Rifkind, Xxxxxxx & Xxxxxxxx LLP (the Company’s counsel), at facsimile number 000-000-0000 or by PDF, whereupon this letter agreement shall constitute our binding agreement with respect to the matters set forth herein.
Very truly yours, | ||||
IMPERIAL SUGAR COMPANY | ||||
By: | /s/ H.P. Xxxxxxx | |||
Name: | H.P. Xxxxxxx | |||
Title: | Senior Vice President & CFO |
Accepted and agreed to | ||||
as of the date first written above: | ||||
XXXXX XXXXXXX COMMODITIES LLC | ||||
By: | /s/ Xxxxx Xxxxx | |||
Name: | Xxxxx Xxxxx | |||
Title: | Vice President & Treasurer |