Exhbit 10.57 ACCELERATION AND EXCHANGE AGREEMENT This ACCELERATION AND EXCHANGE AGREEMENT is made as of the 5th day of June, 1997 (this "Agreement"), among THE GRAND UNION COMPANY, a Delaware corporation (the "Company"), TREFOIL CAPITAL INVESTORS II,...Acceleration and Exchange Agreement • June 27th, 1997 • Grand Union Co /De/ • Retail-grocery stores • New York
June 5, 1997 Trefoil Capital Investors II, L.P. ("Trefoil") 4444 Lakeside Drive Burbank, CA 91505 GE Investment Private Placement Partners II, A Limited Partnership ("GEI") 3003 Summer Street Stamford, CT 06905 Gentlemen: We are writing in connection...Acceleration and Exchange Agreement • June 10th, 1997 • Trefoil Investors Ii Inc • Retail-grocery stores
We are writing in connection with the Acceleration and Exchange Agreement (the "Agreement") of even date herewith among The Grand Union Company (the "Company"), Trefoil and GEI. Capitalized terms used but not separately defined herein shall have the meanings assigned to such terms in the Agreement.
