EXHIBIT 10.4 


          [Management
    Letter Agreement. Separate agreements executed by Messrs.

          Essner, Fauser,
Mossé and Schorr and Messrs. Peltz, May and Garden] 


January 23, 2008 


Trian
Acquisition I Corp.

280 Park Avenue, 41st Floor 

New York, New York 10017 


Deutsche Bank
Securities Inc. 

Merrill Lynch, Pierce, Fenner & Smith 

     Incorporated 

As Representatives of the several Underwriters 

c/o Deutsche Bank Securities Inc. 

60 Wall Street, 4th Floor 

New York, New York 10005 


          Re:
Initial Public Offering of Trian Acquisition I Corp.


Ladies and
Gentlemen: 


          This
letter is being delivered to you in accordance with the Underwriting Agreement
dated as of January 23, 2008 (the “Underwriting Agreement”), by and
between Trian Acquisition I Corp., a Delaware corporation (the “Company”),
and Deutsche Bank Securities Inc. (“Deutsche Bank”) and Merrill Lynch,
Pierce, Fenner & Smith Incorporated (“Merrill Lynch”), as
representatives of the underwriters named in Schedule I thereto (the “Underwriters”),
relating to an underwritten initial public offering (the “Initial Public
Offering”) of the Company’s units (the “Units”), each consisting of one
share of the Company’s common stock, par value $0.0001 per share (the “Common
Stock”), and one warrant (a “Warrant”) entitling the holder thereof
to purchase one share of Common Stock. 


          Trian
Acquisition I, LLC (the “Sponsor”) has purchased from the Company (i)
23,000,000 Units (the “Sponsor Units”) pursuant to a Unit Subscription Agreement
dated as of October 29, 2007, as amended on January 23, 2008, and (ii)
10,000,000 Warrants (the “Sponsor Warrants”) pursuant to an Amended and
Restated Sponsor Warrant Purchase Agreement dated as of January 3, 2008. The
terms of the Warrants are set forth in the Second Amended and Restated Warrant
Agreement dated as of January 23, 2008, as amended (the “Warrant Agreement”),
by and between the Company and American Stock Transfer & Trust Company. On
December 31, 2007, the Sponsor transferred 1,893,332 shares of Common Stock
included in the Sponsor Units (after giving effect to a stock dividend declared
by the Company on January 23, 2008) to certain officers and directors of the
Company and other related parties. 






          In
order to induce the Company and the Underwriters to enter into the Underwriting
Agreement and to proceed with the Initial Public Offering, and in recognition
of the benefit that such Initial Public Offering will confer upon the
undersigned as an officer, director and/or stockholder of the Company, and for
other good and valuable consideration, the receipt and sufficiency of which are
hereby acknowledged, the undersigned hereby agrees with the Company as follows:



          1.
Approval of Business Combination or Extension Period. The undersigned
agrees that in connection with any vote of the stockholders of the Company on
(i) a proposed extension of the time period within which the Company must
consummate a Business Combination (as defined in the Company’s Amended and
Restated Certificate of Incorporation in effect on the date hereof (the “Certificate
of Incorporation”)) to up to 30 months or (ii) a proposed Business
Combination, he will vote any shares of Common Stock included in (or that were
previously part of) the Sponsor Units that are owned directly or indirectly by
him in accordance with the majority of votes cast by the holders of shares of
Common Stock included in the Units issued in the Initial Public Offering (the “IPO
Shares”). The undersigned further agrees that in connection with a
stockholder vote to approve a proposed Business Combination, he will vote any
such shares in favor of an amendment to the Certificate of Incorporation
providing for the Company’s perpetual existence following the consummation of
the Business Combination. 


          2.
Liquidation; Waiver of Claims. (a) In the event that the Company fails
to consummate a Business Combination within 24 months (or up to 30 months if
the public stockholders approve an extension pursuant to the terms of the
Certificate of Incorporation) after the date of the final prospectus included
in the Registration Statement on Form S-1 relating to the Initial Public
Offering (the “Registration Statement”), the undersigned will take all
reasonable actions within his power to (i) cause the Trust Account (as defined
in the Certificate of Incorporation) to be liquidated and the proceeds
distributed to the holders of the IPO Shares as soon as reasonably practicable
and (ii) cause the Company to liquidate as soon as reasonably practicable (the
earliest date on which the conditions in clauses (i) and (ii) are both
satisfied being the “Liquidation Date”), in each case in accordance with
the terms of the Certificate of Incorporation and all applicable laws. 


                    (b)
The undersigned hereby waives any and all right, title, interest or claim of
any kind in or to any distributions of the Trust Account as a result of such
liquidation of the Company with respect to any shares of Common Stock included
in (or that were previously part of) the Sponsor Units that are owned directly
or indirectly by him. In addition, the undersigned hereby waives any right,
title, interest or claim of any kind in respect of any monies in the Trust
Account the undersigned may have in the future as a result of, or arising out
of, any contracts or agreements with the Company and will not seek recourse or
make any claim against the Trust Account for any reason whatsoever; provided
that the foregoing waiver shall not apply (i) to the extent the undersigned is
entitled to be indemnified by the Company pursuant to the Certificate of
Incorporation, the by-laws of the Company or applicable law or pursuant to any
indemnity agreement entered into with the Company or (ii) in respect of any
rights or claims the undersigned may have as a result of holding Units, IPO
Shares, Warrants or other securities of the Company (other than the Sponsor
Units, the Sponsor Warrants and the securities underlying or issuable upon
exercise of such securities). 


2






          3.
Business Combination Opportunities. In order to minimize potential
conflicts of interest that may arise from multiple affiliations, the
undersigned agrees, until the earliest of the consummation of a Business
Combination, 24 months (or up to 30 months if the public stockholders approve
an extension) after the date of the final prospectus included in the
Registration Statement and such time as the undersigned ceases to be an officer
or director of the Company, to present to the Company for consideration, prior
to presentation to any other entity, any Business Combination opportunity
involving the potential acquisition by the Company of a controlling interest
(whether through the acquisition of a majority of the voting equity interests
of the target or through other means described in the final prospectus included
in the Registration Statement) in a company that is not publicly traded on a
stock exchange or over-the-counter market with an enterprise value of between
$800 million and $3.2 billion, subject to (i) any fiduciary duties or
contractual obligations the undersigned may have currently or in the future in
respect of Trian Partners (as defined below) and any companies in which Trian
Partners invests and (ii) any other pre-existing fiduciary duties or contractual
obligations the undersigned may have. 


          4.
Transfer Restrictions. The undersigned will not assign, alienate,
pledge, attach, sell or otherwise transfer or encumber (each, a “transfer”),
directly or indirectly, any Sponsor Units or any shares of Common Stock or
Warrants included in (or that were previously part of) the Sponsor Units
(including the Common Stock issuable upon exercise of such Warrants) that he
currently owns or may acquire hereafter from the date hereof until 180 days
following the date of the consummation of a Business Combination, except to a
Permitted Transferee. Any transfers of such securities to a Permitted
Transferee will be made in accordance with applicable securities laws. Any
transfer of securities pursuant to this Paragraph 4 after the date hereof shall
be subject to the condition that the Permitted Transferee shall have agreed in
writing to be bound by the terms of Paragraphs 1, 2, 4 and 7 hereof. 


                    “Permitted
Transferee” means (i) the Company, any of the Company’s officers, directors
and employees, any Affiliates or Family Members of such individuals, the
Sponsor, Trian Partners, any Affiliates of the Company, the Sponsor or Trian
Partners and any officers, directors, members and employees of the Sponsor,
Trian Partners or such Affiliates, (ii) any charitable organization, (iii) any
individual pursuant to a qualified domestic relations order, (iv) if the
transferor is a corporation, partnership or limited liability company, any
stockholder, partner or member of the transferor and (v) any individual or
entity by virtue of laws or agreements governing descent or distribution upon
the death or dissolution of the transferor. “Affiliate” has the meaning
set forth in Rule 405 under the Securities Act of 1933, as amended and in
effect on the date hereof (the “Securities Act”). “Family Member” of a
person means such person’s present spouse and/or domestic partner, parents,
lineal ascendants or descendants or any siblings of any of the foregoing, any
descendants of any sibling of such person, or any estate planning vehicle
formed primarily for the benefit of such person or any of the foregoing
persons. “Trian Partners” means Trian Fund Management, L.P., together
with the funds and accounts it and its Affiliates manage. 


          5.
Limitation on Compensation. (a) Neither the undersigned nor any Family
Member or Affiliate of the undersigned will be entitled to receive, and no such
person will accept, a finder’s fee, consulting fee or any other compensation
from the Company for services rendered to the Company prior to or in connection
with the consummation of a Business 


3






Combination,
other than (i) reimbursement for any out-of-pocket expenses relating to the
Initial Public Offering, the performance of his duties as an officer or
director and identifying, investigating and consummating a Business
Combination, (ii) by virtue of ownership of Sponsor Units, Sponsor Warrants or
any securities included in or issuable upon exercise of such securities and
(iii) pursuant to the letter agreement dated as of the date hereof, between the
Company and Trian Fund Management, L.P., relating to the provision of
administrative services to the Company. 


                    (b)
Neither the undersigned nor any Family Member or Affiliate of the undersigned
will accept a finder’s fee, consulting fee or any other compensation (other
than by virtue of ownership of Sponsor Units, Sponsor Warrants or any
securities included in or issuable upon exercise of such securities) or fees
from any other entity in connection with a Business Combination, other than
compensation or fees that may be received for any services provided following
such Business Combination. 


          6.
Representations and Warranties. The undersigned represents and warrants
that: 


                    (a)
Except as described in the Registration Statement, there are no claims,
payments, arrangements, contracts, agreements or understandings relating to the
payment of a brokerage commission or finder’s, consulting, origination or similar
fee by the undersigned with respect to the sale of the securities pursuant to
the Underwriting Agreement or any other arrangements, agreements or
understandings by the undersigned that may affect the Underwriters’
compensation pursuant to the Underwriting Agreement; 


                    (b)
He is not subject to or a respondent in any legal action for, any injunction,
cease-and-desist order or order or stipulation to desist or refrain from any
act or practice relating to the offering of securities in any jurisdiction; 


                    (c)
He has never been convicted of or pleaded guilty to any crime (i) involving any
fraud or (ii) relating to any financial transaction or handling of funds of
another person or (iii) pertaining to any dealings in any securities and the
undersigned is not currently a defendant in any such criminal proceeding; 


                    (d)
He has never been suspended or expelled from membership in any securities or
commodities exchange or association or had a securities or commodities license
or registrations denied, suspended or revoked; and 


                    (e)
He has full right and power, without violating any agreement by which he is
bound, to enter into this letter agreement. 


                    (f)
He is an “accredited investor” as that term is defined in Rule 501 of
Regulation D promulgated under the Securities Act. 


                    (g)
The undersigned’s biographical information furnished to the Company and
attached hereto as Exhibit A is true and accurate in all material respects,
does not omit any material information with respect to the undersigned’s
background and contains all of the material information required to be
disclosed pursuant to Section 401 of Regulation S-K, promulgated under the
Securities Act. 


4






                    (h)
The undersigned’s questionnaires furnished to the Company and the Underwriters
and attached hereto as Exhibit B are true and accurate in all material
respects. 


          7.
No Amendments. The undersigned agrees that he will not propose any
amendment to Articles II, V or VI of the Certificate of Incorporation or
support, endorse or recommend any proposal that stockholders amend such
provisions, other than in connection with a proposed Business Combination or a
proposed extension of the time period within which the Company must consummate
a Business Combination to up to 30 months, without the affirmative vote of at
least 95% of the IPO Shares. 


          The
undersigned acknowledges and understands that the Company and the Underwriters
will rely upon the agreements, representations and warranties set forth herein
in proceeding with the Initial Public Offering. Nothing contained herein shall
be deemed to render the Underwriters a representative of, or a fiduciary with
respect to, the Company, its stockholders, or any creditor or vendor of the
Company with respect to the subject matter hereof. 


          This
letter agreement shall be binding on the undersigned and such person’s
successors and assigns. This letter agreement shall terminate on the earlier of
(i) the consummation of a Business Combination and (ii) the Liquidation Date;
provided that such termination shall not relieve the undersigned from liability
for any breach of this letter agreement prior to its termination, and provided
further that paragraph 2 of this letter agreement shall survive a termination
pursuant to clause (ii).  


          This
letter agreement constitutes the entire agreement and understanding between the
parties with respect to the subject matter hereof and supersedes all prior
agreements and understandings (whether written or oral) between the parties
relating to such subject matter. None of the parties shall be liable or bound
to any other party in any manner by any representations and warranties or covenants
relating to such subject matter except as specifically set forth herein. 


          This
letter agreement shall be governed by and construed in accordance with the laws
of the State of New York, without regard to the principles of conflicts of laws
thereof. 


          No
term or provision of this letter agreement may be amended, changed, waived,
altered or modified except by written instrument executed and delivered by the
party against whom such amendment, change, waiver, alteration or modification
is to be enforced. 


[Remainder of Page Intentionally Left Blank]


5






	
 

	
 


	
 

	
/s/ Greg Essner


	
 

	



	
 

	
Name: Greg
  Essner 


	
 

	
Title:   Treasurer, Chief Financial Officer
    
       and Assistant Secretary


	
 

	
 


	
 

	
 


	
 

	
Accepted and
  agreed:


	
 

	
 


	
 

	
TRIAN ACQUISITION I CORP.








	
 

	
 

	
 


	
 

	
 


	
 

	
By:

	
/s/ Edward P. Garden


	
 

	
 

	



	
 

	
 

	
Name: Edward P. Garden


	
 

	
 

	
Title:   President and Chief Executive Officer





6






	
 

	
 

	
 


	
 

	
ACCEPTED AND
  AGREED:


	
 

	
 

	
 


	
 

	
DEUTSCHE BANK SECURITIES INC.


	
 

	
 


	
 

	
 

	
 


	
 

	
By:

	
/s/ Bradley Miller


	
 

	
 

	



	
 

	
 

	
Name:
  Bradley Miller


	
 

	
 

	
Title:   Managing Director


	
 

	
 

	
 


	
 

	
By:

	
/s/ John Shaw


	
 

	
 

	



	
 

	
 

	
Name: John
  Shaw


	
 

	
 

	
Title:   Managing Director


	
 

	
 

	
 


	
 

	
 


	
 

	
ACCEPTED AND
  AGREED:


	
 

	
 

	
 


	
 

	
MERRILL LYNCH, PIERCE, FENNER & SMITH

  INCORPORATED


	
 

	
 

	
 


	
 

	
By:

	
/s/ Thomas Reilly


	
 

	
 

	



	
 

	
 

	
Name: Thomas
  Reilly


	
 

	
 

	
Title:   Vice President





7






	
 

	
 


	
 

	
/s/ Chad Fauser 


	
 

	



	
 

	
Name: Chad
  Fauser 


	
 

	
Title:   Executive Vice President 








	
 

	
 

	
 


	
 

	
 


	
 

	
Accepted and
  agreed:


	
 

	
 

	
 


	
 

	
TRIAN ACQUISITION I CORP. 


	
 

	
 


	
 

	
 

	
 


	
 

	
By:

	
/s/ Greg Essner


	
 

	
 

	



	
 

	
 

	
Name: Greg Essner


	
 

	
 

	
Title:   Treasurer, Chief Financial Officer
    
       and Assistant Secretary





6






	
 

	
 

	
 


	
 

	
ACCEPTED AND
  AGREED:


	
 

	
 

	
 


	
 

	
DEUTSCHE BANK SECURITIES INC. 


	
 

	
 


	
 

	
 

	
 


	
 

	
By:

	
/s/ Bradley Miller


	
 

	
 

	



	
 

	
 

	
Name:
  Bradley Miller


	
 

	
 

	
Title:   Managing Director


	
 

	
 

	
 


	
 

	
By:

	
/s/ John Shaw


	
 

	
 

	



	
 

	
 

	
Name: John
  Shaw


	
 

	
 

	
Title:   Managing Director


	
 

	
 

	
 


	
 

	
ACCEPTED AND
  AGREED:


	
 

	
 

	
 


	
 

	
MERRILL LYNCH, PIERCE, FENNER & SMITH

  INCORPORATED


	
 

	
 


	
 

	
 

	
 


	
 

	
By:

	
/s/ Thomas Reilly


	
 

	
 

	



	
 

	
 

	
Name: Thomas
  Reilly


	
 

	
 

	
Title:   Vice President





7






	
 

	
 

	
 


	
 

	
/s/ David I. Mossé


	
 

	



	
 

	
Name: David
  I. Mossé


	
 

	
Title:   General Counsel, Secretary and Chief Compliance Officer


	
 

	
 

	
 


	
 

	
 


	
 

	
Accepted and
  agreed:


	
 

	
 

	
 


	
 

	
TRIAN ACQUISITION I CORP.


	
 

	
 


	
 

	
 

	
 


	
 

	
By:

	
/s/ Greg Essner


	
 

	
 

	



	
 

	
 

	
Name: Greg Essner


	
 

	
 

	
Title:   Treasurer, Chief Financial Officer
    
       and Assistant Secretary





6






          ACCEPTED AND
AGREED: 


          DEUTSCHE BANK SECURITIES INC. 


	
 

	
 

	
 


	
By:

	
          /s/
 Bradley Miller


	
 

	



	
 

	
Name: 

	
Bradley
 Miller


	
 

	
Title: 

	
Managing
 Director


	
 

	
 

	
 


	
By:

	
          /s/ John
 Shaw


	
 

	



	
 

	
Name: 

	
John Shaw


	
 

	
Title: 

	
Managing
 Director





          ACCEPTED AND
AGREED: 


          MERRILL LYNCH, PIERCE, FENNER & SMITH

          INCORPORATED 


	
 

	
 

	
 


	
By:

	
          /s/
 Thomas Reilly


	
 

	



	
 

	
Name: 

	
Thomas Reilly


	
 

	
Title: 

	
Vice
 President





7






	
 

	
 


	
          /s/ Brian L. Schorr


	



	
Name: 

	
Brian L.
 Schorr


	
Title: 

	
Executive
 Vice President and Chief Legal Officer





          Accepted and
agreed: 


          TRIAN ACQUISITION I CORP. 


	
 

	
 

	
 


	
By:

	
     /s/ Greg Essner


	
 

	



	
 

	
Name: 

	
Greg Essner


	
 

	
Title:

	
Treasurer, Chief Financial Officer
and Assistant Secretary





6






          ACCEPTED AND
AGREED: 


          DEUTSCHE BANK SECURITIES INC. 


	
 

	
 

	
 


	
By:

	
          /s/
 Bradley Miller


	
 

	



	
 

	
Name: 

	
Bradley
 Miller


	
 

	
Title:

	
Managing
 Director


	
 

	
 

	
 


	
By:

	
          /s/
 John Shaw


	
 

	



	
 

	
Name: 

	
John Shaw


	
 

	
Title:

	
Managing
 Director





          ACCEPTED AND
AGREED: 


          MERRILL LYNCH, PIERCE, FENNER & SMITH

          INCORPORATED 


	
 

	
 

	
 


	
By:

	
          /s/
 Thomas Reilly


	
 

	



	
 

	
Name: 

	
Thomas
 Reilly


	
 

	
Title:

	
Vice
 President





7






	
 

	
 


	
          /s/ Nelson
 Peltz


	



	
Name: 

	
Nelson Peltz


	
Title:

	
Chairman





          Accepted and
agreed: 


          TRIAN ACQUISITION I CORP. 


	
 

	
 

	
 


	
By:

	
     /s/
 Greg Essner


	
 

	



	
 

	
Name: 

	
Greg Essner


	
 

	
Title:

	
Treasurer, Chief Financial Officer
and Assistant Secretary





6






          ACCEPTED AND
AGREED: 


          DEUTSCHE BANK SECURITIES INC. 


	
 

	
 

	
 


	
By:

	
          /s/
 Bradley Miller


	
 

	



	
 

	
Name: 

	
Bradley
 Miller


	
 

	
Title:

	
Managing
 Director


	
 

	
 

	
 


	
By:

	
          /s/
 John Shaw


	
 

	



	
 

	
Name: 

	
John Shaw


	
 

	
Title:

	
Managing
 Director





          ACCEPTED AND
AGREED: 


          MERRILL LYNCH, PIERCE, FENNER & SMITH

          INCORPORATED 


	
 

	
 

	
 


	
By:

	
          /s/ Thomas
 Reilly


	
 

	



	
 

	
Name: 

	
Thomas
 Reilly


	
 

	
Title:

	
Vice
 President





7






	
 

	
 


	
          /s/ Peter
 W. May


	



	
Name: 

	
Peter W. May


	
Title:

	
Vice
 Chairman and Director





          Accepted and
agreed: 


          TRIAN ACQUISITION I CORP. 


	
 

	
 

	
 


	
By:

	
     /s/
 Greg Essner


	
 

	



	
 

	
Name: 

	
Greg Essner


	
 

	
Title:

	
Treasurer, Chief Financial Officer
and Assistant Secretary





6






          ACCEPTED AND
AGREED: 


          DEUTSCHE BANK SECURITIES INC. 


	
 

	
 

	
 


	
By:

	
          /s/
 Bradley Miller


	
 

	



	
 

	
Name: 

	
Bradley
 Miller


	
 

	
Title:

	
Managing
 Director


	
 

	
 

	
 


	
By:

	
          /s/
 John Shaw


	
 

	



	
 

	
Name: 

	
John Shaw


	
 

	
Title:

	
Managing
 Director





          ACCEPTED AND
AGREED: 


          MERRILL LYNCH, PIERCE, FENNER & SMITH

          INCORPORATED 


	
 

	
 

	
 


	
By:

	
          /s/
 Thomas Reilly


	
 

	



	
 

	
Name: 

	
Thomas
 Reilly


	
 

	
Title:

	
Vice
 President





7






	
 

	
 


	
          /s/ Edward
 P. Garden


	



	
Name: 

	
Edward P.
 Garden


	
Title:

	
President,
 Chief Executive Officer and Director





          Accepted and
agreed: 


          TRIAN ACQUISITION I CORP. 


	
 

	
 

	
 


	
By:

	
     /s/
 Greg Essner


	
 

	



	
 

	
Name: 

	
Greg Essner


	
 

	
Title:

	
Treasurer, Chief Financial Officer
and Assistant Secretary





6






          ACCEPTED AND
AGREED: 


          DEUTSCHE BANK SECURITIES INC. 


	
 

	
 

	
 


	
By:

	
          /s/
 Bradley Miller


	
 

	



	
 

	
Name: 

	
Bradley
 Miller


	
 

	
Title:

	
Managing
 Director


	
 

	
 

	
 


	
By:

	
          /s/
 John Shaw


	
 

	



	
 

	
Name: 

	
John Shaw


	
 

	
Title:

	
Managing
 Director





          ACCEPTED AND
AGREED: 


          MERRILL LYNCH, PIERCE, FENNER & SMITH

          INCORPORATED 


	
 

	
 

	
 


	
By:

	
          /s/
 Thomas Reilly


	
 

	



	
 

	
Name: 

	
Thomas
 Reilly


	
 

	
Title:

	
Vice
 President





7






Exhibit A


[Biographical Information Furnished to the
Company]


 






Exhibit B


[Questionnaires Furnished to the Company and the Underwriters]