MRS. FIELDS FAMOUS BRANDS, LLC 2855 EAST COTTONWOOD PARKWAY, SUITE 400 SALT LAKE CITY, UTAH 84121-1050Restructuring Agreement • June 6th, 2008 • MRS Fields Famous Brands LLC • Retail-food stores • New York
Contract Type FiledJune 6th, 2008 Company Industry JurisdictionThis letter agreement (this “Agreement”) sets forth the terms on which the Noteholders (as defined below) agree, among other things, to support a restructuring (the “Restructuring”) by Mrs. Fields Famous Brands, LLC (“MFFB”) and Mrs. Fields Financing Company, Inc. (together with MFFB, “Mrs. Fields,” the “Company” or the “Debtors”) in accordance with the term sheet (the “Term Sheet”) attached hereto as Exhibit A, as it may be modified in accordance with the terms herein. This Agreement has been executed to evidence the support of the Restructuring by Mrs. Fields Original Cookies, Inc. (“MFOC”), which is the owner of all of the equity of MFFB.