EXHIBIT 10.4
 
 

--------------------------------------------------------------------------------

FIRST ADDENDUM TO

SENIOR EXECUTIVE TERMINATION BENEFITS AGREEMENT
 

 

THIS FIRST ADDENDUM TO SENIOR EXECUTIVE TERMINATION BENEFITS AGREEMENT (this
“Addendum”) dated as of December 8, 2009 is made and entered into by and between
Darling International Inc., a Delaware corporation (the “Company”), and John O.
Muse (the “Executive”).

W I T N E S S E T H:
 
WHEREAS, the Company and the Executive entered into that certain Amended and
Restated Senior Executive Termination Benefits Agreement dated as of January 15,
2009 (the “Agreement”); and

WHEREAS, the Agreement terminates on December 31, 2009; and

WHEREAS, the Company and Executive desire to extend the term of the Agreement
for an additional one year period and to eliminate the provisions contained in
Section 10 regarding payment of excise taxes;

NOW, THEREFORE, for and in consideration of the mutual covenants and agreements
contained herein, and other valuable consideration, the receipt and sufficiency
of which are hereby acknowledged, the Company and the Executive do hereby agree
to the following:

A G R E E M E N T:
 
1.           Amendment of Termination Date.  The termination date set forth in
Section 9 of the Agreement shall be extended by a period of one year so that the
Agreement shall now terminate on December 31, 2010.

2.           Elimination of Excise Tax Payment Provision.  Section 10 of the
Agreement shall be amended and restated in its entirety so that it now reads as
follows:

10.           Certain Additional Payments.

[This section intentionally left blank.]

3.           Defined Terms.  Capitalized terms used but not defined in this
Addendum shall have the same meanings assigned to them in the Agreement.

4.           No Other Amendment.  The Agreement has been modified only to the
extent specifically and expressly provided above.  All other terms and
conditions of the Agreement are ratified and remain in full force and effect.

  Page 1
 

--------------------------------------------------------------------------------

 

IN WITNESS WHEREOF, the Company and the Executive have executed this Addendum on
the dates set forth below.
 
    
 

 

   COMPANY:    EXECUTIVE:                DARLING INTERNATIONAL INC.            
       By:                                     /s/  Randall C  Stuewe      /s/ 
John O. Muse             Randall C. Stuewe                   John O. Muse    
        Chief Executive Officer
 
         Date of Signing:  December 8, 2009      Date of Signing:  December 9,
2009  

 
                                                                                 

 
 

                                               
                                                                                  
 

                                                    

 
Page 2 

--------------------------------------------------------------------------------