EXHIBIT 10.6
FIRST AMENDMENT TO STOCK PURCHASE AGREEMENT
This First Amendment to Stock Purchase Agreement ("First Amendment") is
entered into as of December 29, 1996, by and between XXXXXX X. XXXXXX,
("Xxxxxx"), CASINO USA, INC., a California corporation ("Casino USA"), CASINO
XXXXXXXX-XXXXXXXXX, X. X., a French joint stock limited liability company
("Casino France") and SMART & FINAL INC., a Delaware corporation (the "Company")
and successor in interest to SFI Corporation, a California corporation ("SFI"),
with reference to the following facts:
X. Xxxxxx, Casino USA, Casino France and SFI have heretofore entered into
a Stock Purchase Agreement dated as of March 7, 1991, and a Memorandum of
Clarification thereto dated as of July 29, 1991 (collectively referred to as the
"Agreement"), whereby Xxxxxx has certain rights with respect to the purchase of
143,000 shares of Company stock ("Shares").
B. The parties wish to amend the Agreement to provide for the
establishment of a fixed purchase price for the Shares outstanding under the
Agreement, and such other matters as are set forth below.
NOW, THEREFORE, the parties agree as follows:
1. Article III of the Agreement is hereby amended to add Section 3.3 as
follows:
"Shares Purchased After December 29, 1996. The purchase price of the
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Shares purchased after December 29, 1996 pursuant to this Agreement
shall be $8.90 per share."
2. All capitalized terms not defined herein shall have the same meaning
as set forth in the Agreement. Except as amended herein all other terms and
conditions of the Agreement shall remain in full force and effect.
IN WITNESS WHEREOF, the parties have executed this First Amendment as of
the date first written above.
/s/ XXXXXX X. XXXXXX
_____________________________________
XXXXXX X. XXXXXX
SMART & FINAL INC.
a Delaware corporation
/s/ XXXXXX X. XXXXXXXX
By:___________________________________
Senior Vice President
Title:_________________________________
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/s/ XXXXXX X. XXXXX
By:___________________________________
Executive Vice President, CFO
Title:_________________________________
CASINO USA, INC.
a California corporation
/s/ XXXXXX X. XXXXXX
By:_____________________________________
President
Title: _________________________________
/s/ XXXXX XXXXXX
By:_____________________________________
Assistant Treasurer
Title: _________________________________
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