EX-10.13 4 dex1013.htm FIRST AMENDMENT TO MANAGEMENT AGREEMENT First Amendment to Management Agreement

Exhibit 10.13

First Amendment of Management Agreement

This First Amendment of Management Agreement, effective June 30, 2010, modifies the Management Agreement dated June 29, 2010 among Goldman, Sachs & Co., THL Managers V, LLC, and MFI Holding Corporation.

1. Michael Foods, Inc. hereby takes the place of MFI Holding Corporation as a party to the Management Agreement. All references to “Company” in the Management Agreement shall refer to Michael Foods, Inc.

2. Paragraph 9 of the Management Agreement (Notices) is hereby amended as to notices to the Company:

 

To the Company:    Michael Foods, Inc.
   301 Carlson Parkway – Suite 400
   Minnetonka, MN 55305
   Facsimile:    (952) 258-4911
   Attention:    James E. Dwyer, Jr.
      Mark Westphal
With a copy to:    General Counsel’s Office
   Michael Foods, Inc.
   301 Carlson Parkway – Suite 400
   Minnetonka, MN 55305
   Facsimile:    (952) 258-4208
   Attention:    Carolyn V. Wolski

 

MFI HOLDING CORPORATION       MICHAEL FOODS, INC.
By:   

/s/ James E. Dwyer, Jr.

      By:   

/s/ James E. Dwyer, Jr.

   James E. Dwyer, Jr.          James E. Dwyer, Jr.
   Chief Executive Officer & President          Chief Executive Officer & President

ACCEPTED AND AGREED BY:

 

GOLDMAN, SACHS & CO.       THL MANAGERS V, LLC
         By:   

Thomas H. Lee Partners, L.P., its

Managing Member

         By:   

THL Equity Advisors V, L.P., its

General Partner

           
By:   

/s/ Goldman, Sachs & Co.

      By:   

/s/ Kent R. Weldon

   Adrian Jones          Kent R. Weldon
   Managing Director          Managing Director