Exhibit 10(t)


    Exhibit
      10(t)

     

    

      TERMINATION
        OF OPTION AGREEMENT

      


      THIS
        TERMINATION OF OPTION AGREEMENT
        is made
        as of December 26, 2006 between TASTY BAKING COMPANY, a Pennsylvania corporation
        with offices at 2801 Hunting Park Avenue, Philadelphia, PA 19129 ("TBC"),
        and
        KEYSTONE REDEVELOPMENT PARTNERS, LLC, a Delaware limited liability company
        with
        offices at 1000 Boardwalk, Atlantic City, NJ 08401 ("KRP").

       

      Effective
        as of the date hereof, TBC and KRP have terminated that certain Option Agreement
        dated as of July 7, 2006 (the "Option Agreement") relating to the property
        located at the intersection of Fox Street and Roberts Avenue in Philadelphia,
        PA, known as 3413 Fox Street, designated on the Official City Tax Maps as
        Map
        44N24, Lot 16, comprised of approximately twelve and one-tenth (12.1) acres,
        and
        more particularly described on Exhibit A attached hereto and made a part
        hereof,
        together with all improvements located thereon and rights appertaining thereto,
        on and subject to the terms and conditions set forth in the
        Agreement;

       

      This
        Termination of Option Agreement has been entered into for the sole purpose
        of
        giving notice of the termination of the Option Agreement. 

       

      This
        Termination of
        Option
Agreement
        may be executed in any number of counterparts, each of which as executed
        shall
        be deemed to be an original, but all such counterparts shall constitute one
        and
        the same agreement.

       

      IN
        WITNESS WHEREOF,
        the
        parties hereto have caused this Termination of Option Agreement to be executed
        and delivered as of the date and year first set forth above.

       

       

      Witnessed/Attested
        To:                TASTY
        BAKING COMPANY

      


      


      By:_____________________________  By:_________________________________

                          Charles
        P. Pizzi, President & CEO

       

       

                                  KEYSTONE
        REDEVELOPMENT PARTNERS,
        LLC


       

      By:
        __________________________  By:_________________________________

                          Robert
        M. Pickus, Secretary

      


    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        



    

    EXHIBIT
      A TO TERMINATION OF OPTION AGREEMENT

     

    LEGAL
      DESCRIPTION OF THE PROPERTY

     

    


    


    ALL
      THAT
      CERTAIN lot or piece of ground with the buildings and improvements thereon
      erected, situate in the 38th Ward
      of the City of Philadelphia and described according to a Survey and Plan of
      Property made for Donna Sandermar by Daniel W. Silverman, Surveyor and Regulator
      of the 6th Survey
      District, dated March 2nd
      1977, as
      follows to wit:

     

    BEGINNING
      at a point formed by the intersection of the southwesterly side of Fox Street
      (80 feet wide) and the southeasterly side of Roberts Avenue (78 feet wide);
      thence extending from said point of beginning South thirty-three degrees ten
      minutes twenty-nine seconds East (S 33° 10’ 29" E), along the said southwesterly
      side of Fox Street nine hundred nineteen (919) feet six and
      one-half (6 1/2) inches to a point; thence extending South sixty degrees
      twenty-five minutes fifty-four seconds West (S 60° 25' 54" W), three
      hundred eighty-six (386) feet two and one-half (2 1/2) inches to a point;
      thence extending North thirty-three degrees fifty-four minutes twenty seconds
      West (N 33° 54' 20" W), two hundred eighteen (218) feet six and three-eighths (6
      3/8) inches to a point; thence extending South fifty-six degrees forty-nine
      minutes thirty-one seconds West (S 56° 49' 31" W), one hundred seventy-four
      (174) feet two and one-fourth (2 1/4) inches to a point; thence
      extending North thirty-three degrees ten minutes twenty-nine seconds West (N
      33°
10' 29" W), one hundred ninety-eight (198) feet eleven and seven-eighth
      (11 7/8)
      inches to a point; thence extending South fifty-six degrees forty-nine minutes
      thirty-one seconds West (S 56° 49' 31” W), crossing the northeasterly side of
      former McMichael Street
      (70
      feet wide) stricken from City Plan and vacated, reserved as a Right of Way
      for
      purpose of inspection, maintenance, repairing or reconstruction of existing
      forty-eight (48) inches water mains, one hundred twenty (120) feet to a point
      on
      the southwesterly side of said former McMichael Street; thence extending North
      thirty-three degrees ten minutes twenty-nine seconds West (N 33° 10' 29"
      W), along the said southwesterly side of former McMichael Street four
      hundred seventy-seven (477) feet nine (9) inches to a point on the said
      southeasterly side of Roberts Avenue; thence extending North fifty-six degrees
      forty-nine minutes thirty-one seconds East (N 56° 49' 31” E), along the said
      southeasterly side of Roberts Avenue recrossing the said northeasterly side
      of
      former McMichael Street six hundred eighty-two (682) feet five (5) inches to
      the
      said southwesterly side of Fox Street, being the first mentioned point and
      place of
      BEGINNING.

     

    BEING
      THE
      SAME PREMISES which PIDC Financing Corporation, a Pennsylvania non-profit
      corporation by deed dated January 13, 2005 and recorded July 19, 2005 in the
      Office of the Recorder of Deeds in and for Philadelphia
      County, Pennsylvania, in Instrument No. 51223840, granted and conveyed
      unto Tasty Baking Company, a Pennsylvania corporation, its successor and
      assigns.