Exhibit 10.30

SUPPLEMENTAL RETIREMENT AGREEMENT

AGREEMENT, made and entered into as of the 25th day of March, 2004, by and
between PATHMARK STORES, INC., a Delaware corporation (the “Company”), and Mark
Kramer (the “Executive”), residing at 2308 Harmon Cove Towers, Tower 1,
Secaucus, New Jersey 07094.

WHEREAS, to induce the Executive to continue employment with the Company, the
Company desires to provide a minimum retirement income for the Executive on the
terms hereinafter set forth;

WHEREAS, the Company considers the Executive as one of a select group of
management or highly compensated employees of the Company, to be of unique value
to the Company.

NOW, THEREFORE, the Company and the Executive agree as follows:

1. Definitions

The following terms whenever used in this Agreement shall have the meanings set
forth in this Section 1. Each capitalized term used in this Agreement and not
defined in this Section 1 shall be deemed to have such meaning as in the
Pathmark Stores, Inc. Pension Plan (as defined below).

1.1 “Actuarial Equivalent” means a benefit of equivalent value to the benefit
that would otherwise be payable when computed on the basis of the rate of
interest specified by the Pension Benefit Guaranty Corporation for the period
after payment begins for purposes of determining the value of lump sum payments
as of the date of the Executive’s termination of employment and using the 1983
Basic Group Annuity Mortality Table projected to 1988 with Scale H. For purposes
of determining Actuarial Equivalent, male mortality shall be used for the
Executive and female mortality shall be used for any Beneficiary.

1.2 “Agreement” means this Supplemental Retirement Agreement by and between the
Company and the Executive dated as of the 25th day of March, 2004.

 

1.3 “Average Final Compensation” shall mean the highest average annual
Compensation (whether or not consecutive) paid to the Executive for the five (5)
full calendar years within the most recent ten (10) consecutive calendar years
during which the Executive received Compensation, ending with the December 31
coincident with or next preceding the date of Termination of Employment,
Retirement, date of death or Disability, whichever is applicable, provided,
however, that an Executive whose Retirement or death occurs on or after December
1 of his final Plan Year shall be deemed to have a full calendar year of
Compensation. Notwithstanding the foregoing, if an Executive is employed less
than 12 full months in his final calendar year of employment, Compensation
earned in such year shall, if higher than the lowest year’s Compensation used in
determining Average Final Compensation, be substituted for such lowest year’s
Compensation and the determination of Average Final Compensation shall be made
based on the most recent eleven (11) consecutive calendar years during which the
Executive received Compensation.

1.4 “Beneficiary” means the Executive’s surviving spouse to whom the Executive
was married for the six-month period immediately preceding the earlier of the
date of commencement of the Executive’s Supplemental Retirement Benefit or the
date of the Executive’s death.

1.5 “Board of Directors” means the Board of Directors of the Company as
constituted from time to time.

1.6 “Change of Control” means a Change of Control as defined in the Pathmark
Stores, Inc. 2000 Employee Equity Plan as amended as of June 13, 2002.

1.7 “Code” means the Internal Revenue Code of 1986, as may be amended from time
to time.

1.8 “Company” means Pathmark Stores, Inc., or any successor thereto.

1.9 “Compensation” means Compensation as defined under the Pathmark Stores, Inc.
Pension Plan as in effect on the date of this Agreement, determined, however,
without regard to any dollar limitation imposed by Section 401(a)(17) of the
Code on the amount of compensation which may be taken into account under such
Plan.

1.10 “Disability” means “Disability” as defined under the Pathmark Stores, Inc.
Pension Plan.

1.11 “Disability Retirement” means the termination of the Executive’s employment
with the Company by reason of Disability.

1.12 “Pathmark Stores, Inc. Pension Plan” means the Pathmark Stores, Inc.
Pension Plan, as amended and restated effective January 1, 2001, and as amended
from time to time thereafter.

 

1.13 “Pathmark Stores, Inc. Savings Plan” means the Pathmark Stores, Inc.
Savings Plan, as amended and restated effective January 1, 2001, and as amended
from time to time thereafter.

1.14 “Pension Plan Benefit” means the annual retirement benefit payable to or on
account of the Executive pursuant to the Pathmark Stores, Inc. Pension Plan.

1.15 “SGC Profit Sharing Plan” means the SGC Profit Sharing Plan as in effect
immediately prior to April 1, 1983.

1.16 “Supplemental Retirement Benefit” means the Executive’s benefit under this
Agreement.

2. Vesting of Supplemental Retirement Benefit

The Executive shall become vested in his Supplemental Retirement Benefit upon
the earliest to occur of: (i) completion of 5 years of Vesting Service following
January 1, 2004; (ii) death; (iii) Disability; or (iv) a Change of Control (the
“Vesting Date”). Notwithstanding any provision herein to the contrary, neither
Executive nor his Beneficiary shall be entitled to receive any benefits
hereunder if Executive’s Termination of Employment with the Company (including
by Retirement) occurs prior to hisVesting Date.

3. Amount of Supplemental Retirement Benefit; Termination Of Employment After
Age 60

Except as provided in Sections 4 and 5 of this Agreement, the annual amount of
the Executive’s Supplemental Retirement Benefit shall be equal to the excess, if
any, of the amount of the Executive’s “Unreduced Supplemental Retirement
Benefit” as described in subparagraph (a) over the Executive’s “Other Company
Plan Benefits” as described in subparagraph (b), where

a. “Unreduced Supplemental Retirement Benefit” is equal to the sum of 30% of the
Executive’s Average Final Compensation after completion of 10 years of Vesting
Service, plus 1% of the Executive’s Average Final Compensation multiplied by
each additional year of Vesting Service in excess of 10; provided, however, that
in no event shall the Executive’s Unreduced Supplemental Retirement Benefit
exceed the lesser of (i) 40% of his Average Final Compensation, or (ii)
$250,000; and

b. “Other Company Plan Benefits” are the amounts payable under the Pathmark
Stores, Inc. Pension Plan, the SGC Profit Sharing Plan, the Company’s Excess
Benefit Plan and the Company’s disability income plan (other than (i) amounts
payable under group life insurance, Retirement and Survivor’s Insurance under
the Federal Social Security Act, Worker’s Compensation and other Company plans
required by any governmental authority, (ii) amounts payable under the Pathmark
Stores, Inc. Savings Plan to the extent attributed to amounts paid or
contributed by the Company or any predecessor thereto, and (iii) any amounts
payable after termination of employment as retirement, death or disability
benefits (other than severance benefits) under a contract between the Company
and the Executive).

 

If the Executive has a Beneficiary on the date Supplemental Retirement Benefits
commence under this Agreement, Other Company Plan Benefits shall be determined,
on a joint and two-thirds survivor annuity basis, except as otherwise provided
in this Agreement, as of such date, with the Executive’s Beneficiary as joint
annuitant. The adjustment to the amount otherwise payable under the applicable
Company plan for the applicable joint survivor annuity form of payment shall be
made on the basis of the factors specified in such Company plan or, if no such
factors are set forth in such Company plan, on an Actuarial Equivalent basis. If
the Executive does not have a Beneficiary on the date Supplemental Retirement
Benefits are to commence under this Agreement, Other Company Plan Benefits shall
be determined on a single life annuity basis.

The Executive’s Supplemental Retirement Benefit under this Section 3, if vested,
shall be payable monthly for life commencing on the first day of the month
following the Executive’s termination of employment after attainment of age 60.

4. Termination of Employment Prior to Age 60

In the case of the Executive’s termination of employment with the Company prior
to attaining age 60 (other than by reason of the Executive’s death or
Disability) but after completing 10 years of Vesting Service, the amount of the
Executive’s Supplemental Retirement Benefit shall be equal to the Executive’s
Unreduced Supplemental Retirement Benefit (computed on the basis of the Vesting
Service which the Executive would have completed had the Executive remained in
the employ of the Company until attainment of age 60), multiplied by a fraction,
the numerator of which is the number of the Executive’s years of Vesting Service
at termination of employment (up to a maximum of 20) and the denominator of
which is the number of years of Vesting Service (up to a maximum of 20) which
the Executive would have completed had the Executive remained in the employ of
the Company until attainment of age 60, offset by the amount of the Executive’s
Other Company Plan Benefits; provided that Other Company Plan Benefits shall be
assumed to commence on the first day of the month after the Executive’s
attainment of age 60 and to be paid in the form of a joint and two-thirds
survivor annuity unless Executive does not have a Beneficiary in which case
benefits shall be assumed paid in the form of a life annuity. The Executive’s
Supplemental Retirement Benefit under this Section 4, if vested, shall be
payable monthly for life commencing on the first day of the month following the
Executive’s attainment of age 60.

 

5. Disability Retirement

In the case of the Executive’s Disability Retirement, the amount of the
Executive’s Supplemental Retirement Benefit shall be the amount determined under
Section 3 of this Agreement; provided, however, that the Executive’s Unreduced
Supplemental Retirement Benefit shall be computed on the basis of the Vesting
Service which the Executive would have completed had the Executive remained in
the employ of the Company until attainment of age 60, and the Executive’s
Unreduced Supplemental Retirement Benefit shall not be offset by Other Company
Plan Benefits prior to the date on which payment of such Other Company Plan
Benefits commence. The Executive’s Supplemental Retirement Benefit under this
Section 5, if vested, shall be payable monthly for life commencing on the first
day of the month following the Executive’s Disability Retirement.

6. Death Prior to Retirement

a. In the event that the Executive dies while in the employ of the Company after
his Supplemental Retirement Benefit has vested and has a Beneficiary on the date
of his death, the Executive’s Beneficiary shall receive, beginning with the
first day of the month following the Executive’s death and payable monthly, an
annual amount equal to two-thirds of the Executive’s Unreduced Supplemental
Retirement Benefit (computed on the basis of the Vesting Service which the
Executive would have completed had the Executive remained in the employ of the
Company until attainment of age 60) offset by the Other Company Plan Benefits;
provided, however, that such offset shall be made at such time as Other Company
Plan Benefits are payable (whether or not the Beneficiary has elected to defer
payment to a later date) and in an amount equal to (i) a life annuity payable to
the Executive’s Beneficiary that is equal to the Actuarial Equivalent of the SGC
Profit Sharing Plan balance, and (ii) the survivor annuity actually payable to
Executive’s Beneficiary pursuant to any Other Company Plan, each determined as
of the earliest date on which payments of Other Company Plan Benefits are
payable to the Beneficiary.

b. In the event that the Executive dies after termination of employment with the
Company and after his Supplemental Retirement Benefit has vested but prior to
commencement of Supplemental Retirement Benefit payments under this Agreement,
and has a Beneficiary on the date of his death, the Executive’s Beneficiary
shall receive, beginning with the first day of the month following the
Executive’s death and payable monthly, an annual amount equal to two-thirds of
the Executive’s Unreduced Supplemental Retirement Benefit offset by the amount
of Other Company Plan Benefits; provided, however, that such offset shall be
made at such time as Other Company Plan Benefits are payable (whether or not the
Beneficiary has elected to defer payment to a later date) and in an amount equal
to the benefit that would have been payable to Executive’s Beneficiary had
Executive retired on the date of his death and commenced benefit payments in the
form of a joint and two-thirds annuity on such date.

 

7. Death After Retirement

In the event of the Executive’s death after commencement of the Executive’s
Supplemental Retirement Benefit, the Executive’s Beneficiary shall receive,
beginning with the first day of the month following the Executive’s death and
payable monthly, an annual amount equal to two-thirds of the Supplemental
Retirement Benefit that was being paid to the Executive prior to the Executive’s
death.

8. Limitation on Spouse's Benefits

Payment of Supplemental Retirement Benefits to the Executive’s Beneficiary under
Sections 6 or 7 hereof shall terminate on the earlier of the date of death or
remarriage of such Beneficiary.

9. Benefits Payable by Company

All benefits payable under this Agreement shall constitute an unfunded
obligation of the Company. Payments shall be made, as due, from the general
funds of the Company. The Company may, in its sole and absolute discretion,
establish one or more accounts, funds or trusts to reflect its obligations under
this Agreement and may make such investments as it may deem desirable to assist
it in meeting such obligations. Any assets held in such accounts, funds or
trusts shall remain assets of the Company subject to claims of its creditors. No
person eligible for a benefit under this Agreement shall have any right, title
or interest in any such assets. This Agreement shall constitute solely an
unsecured promise by the Company to pay supplemental retirement benefits to the
extent provided herein.

10. Inalienability of Benefits

The right of any person to any benefit or payment under this Agreement shall not
be subject to voluntary or involuntary transfer, alienation or assignment, and,
to the fullest extent permitted by law, shall not be subject to attachment,
execution, garnishment, sequestration or other legal or equitable process or be
transferable by operation of law in the event of bankruptcy or insolvency of the
Executive or any Beneficiary. In the event a person who is receiving or is
entitled to receive benefits under the Agreement attempts to assign, transfer or
dispose of such right, or if an attempt is made to subject said right to such
process, such assignment, transfer or disposition shall be null and void.

 

11. Forfeiture of Benefits

The Executive shall forfeit his Supplemental Retirement Benefit in the event of
the Executive’s conviction of a felony relating to the conduct of the business
of the Company or willful unauthorized disclosure of a trade secret of the
Company.

12. Payments to Minors and Incompetents

If the Executive or Beneficiary entitled to receive any benefits hereunder is a
minor or is deemed by the Company or is adjudged to be legally incapable of
giving valid receipt and discharge for such benefits, payment of benefits will
be made to the duly appointed guardian or legal representative of such minor or
incompetent or to such other legally appointed person as the Company may
designate. Such payment shall, to the extent made, be deemed a complete
discharge of any liability for such payment under this Agreement.

13. Withholding

The Company shall have the right to deduct from any payments due under this
Agreement any taxes required to be withheld with respect to such payments.

14. Merger, Consolidation or Sale of Assets

In the event the Company shall, at any time, be merged or consolidated with or
into any corporation or corporations, or in the event that all or substantially
all of the assets of the Company shall be sold or otherwise transferred to
another corporation, the provisions of this Agreement, including the provisions
of this Section, shall be binding upon and inure to the benefit of the successor
of the Company resulting from such merger, consolidation or sale of assets.

15. Governing Law

Except to the extent pre-empted by federal law, the provisions of this Agreement
will be construed according to the laws of the State of Delaware (without giving
effect to the provisions thereof relating to conflicts of law).

 

IN WITNESS WHEREOF, the Company and the Executive have caused this Agreement to
be executed effective as of the 25th day of March, 2004.

ATTEST:

/s/ Marc A. Strassler     
Marc A. Strassler
PATHMARK STORES, INC.

By: /s/ Eileen R. Scott    
       Eileen R. Scott
       Chief Executive Officer

       /s/ Mark C. Kramer    
       EXECUTIVE