Exhibit 10.27

Lloyd Johnson Offer Letter Second Amendment

Dear Lloyd:

This letter (the Agreement) amends the
employment offer letter from Diamond Foods, Inc. (the Company) to you dated August 17, 2008 as amended December 2008 (the Offer Letter), by replacing the severance provisions under the heading of Other
Benefits.

The Severance upon Termination without Cause provisions under the heading of Other Benefits in your Offer Letter
are deleted and replaced with the following provision.

Severance upon Termination without Cause: In the event the Company
terminates your employment without Cause, as defined below, and such termination is a separation from service (as defined in Treas. Reg. 1.409A-1(h)) then you will be entitled to receive the termination benefits listed below. With
respect to Section 409A, each payment is a separate payment and with respect to payments subject to Section 409A (as not qualifying for the exclusion under Treas. Reg. 1.409A-1(b)(4)) they are intended to constitute separate payments for
purposes of Treas. Reg. 1.409A-2(b)(2) made upon an involuntary termination from service and payable pursuant to Treas. Reg. 1.409A- 1(b)(9)(iii), to the maximum extent permitted by said provision, with any excess amount being regarded as subject to
the distribution requirements of Section 409A, including, without limitation, the requirement that payment to you be delayed until six months after separation from service if you are then a specified employee within the
meaning of Section 409A.



| |  |  | Payment of 170% of your annual base salary, based on your annual base salary on the date of termination;
| | - |  | --------------------------------------------------------------------------------------------------------



| |  |  | Acceleration of any stock options, restricted stock or other equity grant that would have otherwise vested in the 12 months following the date of termination; and
| | - |  | ------------------------------------------------------------------------------------------------------------------------------------------------------------------



| |  |  | The Company will offer to you the ability to elect coverage under the Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA) under the Companys medical or dental plans as in
effect immediately prior to the date of termination. If you elect timely continuation of coverage under COBRA, provided that you pay the amount required to continue coverage, the Company will maintain coverage for you and your dependents for up to
the maximum period of time allowed under COBRA.
| | - |  | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

Except in respect of any severance benefits provided you under the Offer Letter, we agree
no other changes are made to your Offer Letter.



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Please acknowledge your agreement with the amendment by signing below and returning the original to me for filing
with the Companys records. Should you have any questions or comments, please do not hesitate to contact me.

Sincerely,

DIAMOND FOODS, INC.



|    |  |                   
|--- |  | ------------------
|By: |  | /s/ Linda B. Segre

|                                                               |  | 
|-------------------------------------------------------------- |  | 
|Linda B. Segre                                                
|Executive Vice President and Chief Strategy and People Officer

Acknowledged and Agreed:



|                                      
|--------------------------------------
|/s/ Lloyd Johnson                     
|Lloyd Johnson
Date: September 24, 2015



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