Exhibit 10.18
 CALAVO GROWERS, INC.
2011 MANAGEMENT INCENTIVE PLAN
 ARTICLE I
PURPOSE AND EFFECTIVE DATE
 Section 1.1 Purpose .
 Section 1.2 Effective Date; Shareholder Approval Required . Effective Date
 Section 1.3 Expiration Date .
 Section 1.4 Awards Under Other Company Plans .
 ARTICLE II
DEFINITIONS AND CONSTRUCTION
 Section 2.1 Definitions .
 Affiliate
 Annual Individual Plan Share Limit
 Award




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Award Agreement
 Beneficial Owner
 Board
 Cash Incentive Award
 Change of Control
 Code
 Committee
 Company
 Effective Date
 Exchange Act
 Exercise Price
 2




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Fair Market Value
 Incentive Stock Option
 NASDAQ
 Nonqualified Stock Option
 Option
 Participant
 Performance Award
 Performance Criteria
 Performance Formula
 Performance Goal
 3




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Performance Period
 Person
 Plan
 Plan ISO Limit
 Plan Share Limit
 Restricted Share
 Restricted Stock Unit
 SAR
 SEC
 Shares
 Subsidiary
 Substitute Awards
 Treasury Regulations
 4




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Section 2.2 Construction .
 ARTICLE III
PLAN ADMINISTRATION
 Section 3.1 Administration of the Plan .
 Section 3.2 Authority of the Committee .
 Section 3.3 Committee Decisions .
 Section 3.4 Indemnification .
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Section 3.5 Delegation of Authority .
 Section 3.6 Awards by the Board to Non-Employee Directors .
 6




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ARTICLE IV
SHARES AND CASH SUBJECT TO THE PLAN
 Section 4.1 Shares and Cash Available for Awards .
 Plan Share Limit Plan ISO Limit
 Annual Individual Plan Share Limit
 Section 4.2 Adjustments for Changes in Capitalization and Similar Events .
  7




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Substitute Awards
 ARTICLE V
ELIGIBILITY AND TYPES OF AWARDS
 Section 5.1 Eligibility .
 Section 5.2 Types of Awards .
 8




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ARTICLE VI
OPTIONS
 Section 6.1 Grant .
 Section 6.2 Exercise Price .
 Section 6.3 Vesting and Exercise .
 9




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Section 6.4 Payment .
   Section 6.5 Termination .
 Section 6.6 Requirement of Notification Upon Disqualifying Disposition Under Section
421(b)of the Code .
 10




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ARTICLE VII
STOCK APPRECIATION RIGHTS
 Section 7.1 Grant .
 Section 7.2 Exercise Price .
 Section 7.3 Vesting and Exercise .
 Section 7.4 Termination .
 ARTICLE VIII
RESTRICTED SHARES AND RESTRICTED STOCK UNITS
 Section 8.1 Grant .
 Section 8.2 Transfer Restrictions .
 11




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Section 8.3 Payment and Lapse of Restrictions .
   Section 8.4 Requirement of Consent and Notification of Election UnderSection 83(b)of the
Code .
 12




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ARTICLE IX
OTHER STOCK-BASED AWARDS; DIVIDENDS AND DIVIDEND EQUIVALENTS
 Section 9.1 Other Stock-Based Awards
 Section 9.2 Dividends and Dividend Equivalents .
 ARTICLE X
CASH INCENTIVE AWARDS
 Section 10.1 Grant .
 Section 10.2 Earning of Cash Incentive Awards .
 Section 10.3 Treatment of Cash Incentive Awards as Performance Awards .
 13




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ARTICLE XI
PERFORMANCE AWARDS
 Section 11.1 General .
   Section 11.2 Eligibility .
 Section 11.3 Discretion of the Committee with Respect to Performance Awards .
 Section 11.4 Performance Criteria .
 14




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Section 11.5 Modification of Performance Goals .
 Section 11.6 Payment of Performance Awards .
 Condition to Receipt of Payment
 15




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Limitation
 Certification
 Negative Committee Discretion
 Other Committee Discretion
 Timing of Performance Award Payments; Shareholder Approval Required
   16




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ARTICLE XII
AMENDMENTS AND TERMINATION
 Section 12.1 Amendment or Termination of the Plan .
 Section 12.2 Amendments to Awards; No Repricing of Awards .
 ARTICLE XIII
CHANGE OF CONTROL OF THE COMPANY
 Section 13.1 Definition Change of Control
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Section 13.2 Effect of a Change of Control .
   18




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Section 13.3 Dissolution of the Company .
 ARTICLE XIV
GENERAL PROVISIONS
 Section 14.1 Award Agreements .
 Section 14.2 Share Certificates .
 Section 14.3 Nontransferability .
 19




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Section 14.4 Other Laws; Restrictions on Transfer of Shares .
 Section 14.5 No Rights to Awards .
 Section 14.6 No Right to Employment .
 Section 14.7 Rights as a Shareholder .
 20




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Section 14.8 No Trust or Fund Created .
 Section 14.9 No Fractional Shares .
 Section 14.10 No Limit on Other Compensation Arrangements .
 Section 14.11 Recoupment of Awards .
     21




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Section 14.12 Withholding .
 Authority to Withhold
 Alternative Ways to Satisfy Withholding Liability
 Section 14.13 Compliance with Section 409A of the Code .
  22




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Section 14.14 Severability; Successor Statutes .
   23




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Section 14.15 Governing Law .
 24