AMENDMENT TO CONSULTING AGREEMENT
Exhibit 10.3.1
AMENDMENT TO
CONSULTING AGREEMENT
CONSULTING AGREEMENT
THIS AMENDMENT TO CONSULTING AGREEMENT (the “Amendment”) is made and entered into as of the
24th day of June, 2004, but is effective as of May 1, 2004, by and among INTERSTATE
BAKERIES CORPORATION, INTERSTATE BRANDS CORPORATION AND INTERSTATE BRANDS WEST CORPORATION, each a
Delaware corporation (collectively, the “Companies”), and XXXXXXX X. XXXXXXXX, an individual
(“Xxxxxxxx”).
WHEREAS, the Companies and Xxxxxxxx entered into that certain Consulting Agreement (the
“Agreement”), dated as of October 2, 2002, whereby Xxxxxxxx is providing consulting services to the
Companies; and
WHEREAS, the Companies and Xxxxxxxx now desire to amend the Agreement as provided below.
NOW, THEREFORE, in consideration of the mutual covenants contained in this Amendment, the
sufficiency of which is hereby agreed and acknowledged, the parties agree as follows:
1. Subsection (b) of Section VII. Compensation is deleted in its entirety and
replaced with the following language:
(b) from June 1, 2003 to April 30, 2004, fees equal to Thirty-Three Thousand Three
Hundred Thirty-Three Dollars and Thirty-Three Cents ($33,333.33) per month and from
May 1, 2004 to May 28, 2005 fees equal to Sixteen Thousand Six Hundred Sixty-Six
Dollars and Sixty-Seven Cents ($16,666.67) per month, in each case to be paid on the
first business day of each calendar month;
2. Except as expressly modified by this Amendment, the Agreement remains in full force and
effect in accordance with its terms.
IN WITNESS WHEREOF, the parties have caused this Amendment to be executed by their duly
authorized representatives as of the day and year first above written.
INTERSTATE BAKERIES CORPORATION |
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By: | /s/ Xxxxx X. Xxxxxxxx | |||
Xxxxx X. Xxxxxxxx | ||||
Chairman of the Board and Chief Executive Officer |
INTERSTATE BRANDS CORPORATION |
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By: | /s/ Xxxxx X. Xxxxxxxx | |||
Xxxxx X. Xxxxxxxx | ||||
Chairman of the Board and Chief Executive Officer | ||||
/s/ Xxxxxxx X. Xxxxxxxx | ||||
Xxxxxxx X. Xxxxxxxx, an Individual | ||||