NASH FINCH COMPANY February 27, 2007 Mr. Alec Covington 2900 Thomas Avenue South Unit 2208 Minneapolis MN 55416 Re: Amendment to Employment Agreement Dear Alec:Employment Agreement • March 1st, 2007 • Nash Finch Co • Wholesale-groceries & related products
By letter to you dated March 16, 2006, as supplemented and modified by subsequent letter (collectively the “March 16 Letter”), the Board of Directors of Nash-Finch Company summarized the terms on which you have been offered employment as President and CEO of the Company. This letter amends and clarifies the March 16 Letter in the following respects:
Form of Change in Control AgreementControl Agreement • March 1st, 2007 • Nash Finch Co • Wholesale-groceries & related products • Delaware
You are presently the «Title» of Nash Finch Company, a Delaware corporation. The Company considers the establishment and maintenance of a sound and vital management to be essential to protecting and enhancing the best interests of the Company and its stockholders. In this connection, the Company recognizes that, as is the case with many publicly held corporations, the possibility of a Change in Control may arise and that such possibility, and the uncertainty and questions which it may raise among management, may result in the departure or distraction of management personnel to the detriment of the Company and its stockholders.
