ContractShareholder Agreement • November 12th, 2004 • Pepsiamericas Inc/Il/ • Bottled & canned soft drinks & carbonated waters • Delaware
Contract Type FiledNovember 12th, 2004 Company Industry JurisdictionAMENDMENT TO SHAREHOLDER AGREEMENT THIS AMENDMENT (the “Amendment”) to that certain Shareholder Agreement dated as of November 30, 2000 (the “Shareholder Agreement”), by and among Whitman Corporation, a Delaware corporation now known as PepsiAmericas, Inc. (the “Company”), Pohlad Companies, a Minnesota corporation (“Pohlad Companies”), Dakota Holdings, LLC, a Delaware limited liability company (“Dakota Holdings”) and Robert C. Pohlad (“Pohlad”) is made and entered into as of November 9, 2004. Pohlad Companies, Dakota Holdings and Pohlad are hereinafter sometimes collectively referred to as the “Shareholder Group”. WITNESSETH: WHEREAS, the Shareholder Agreement sets forth a maximum ownership percentage in the Company that the members of the Shareholder Group, collectively, may own; and WHEREAS, the Company and the members of the Shareholder Group desire to increase the maximum ownership percentage in the Company that the members of the Shareholder Group, collectively, may own if and to