Restricted Stock Award Agreement - David West



 Exhibit 10.83 
 EXECUTION COPY 
 RESTRICTED STOCK AWARD AGREEMENT 

THIS AGREEMENT (the “Agreement”) is made effective as of June 17, 2011 (the “Grant Date”), between Blue
Acquisition Group, Inc. (hereinafter called the “Company”), and David J. West, an employee of the Company or of a subsidiary of the Company, hereinafter referred to as the “Grantee.” Capitalized terms not otherwise defined herein
shall have the same meanings as in the Employment Agreement, Plan or the Management Stockholder’s Agreement (each as defined below). 
 WHEREAS, pursuant to the terms of that certain Employment Agreement entered into by and among Del Monte Corporation (“DMC”), the Company (for limited purposes thereunder) and the Grantee dated
May 13, 2011 (the “Employment Agreement”), the Company desires to grant the Grantee shares of Common Stock, pursuant to the terms and conditions of this Agreement (the “Restricted Stock Award”), the 2010 Stock Incentive Plan
for Key Employees of Blue Acquisition Group, Inc. and its Affiliates (the “Plan”) (the terms of which are hereby incorporated by reference and made a part of this Agreement), and a Management Stockholder’s Agreement entered into by
and between the Company and the Grantee as of the date hereof (the “Management Stockholder’s Agreement”). 

WHEREAS, the Board has determined that it would be to the advantage and best interest of the Company and its shareholders to grant the
shares of Common Stock provided for herein to the Grantee as an incentive for increased efforts during his employment with the Company, and has advised the Company thereof and instructed the undersigned officer to grant said Restricted Stock Award;

 NOW, THEREFORE, in consideration of the mutual covenants herein contained and other good and valuable consideration, receipt
of which is hereby acknowledged, the parties hereto do hereby agree as follows: 
 1. Grant of the Restricted Stock.
Subject to the terms and conditions of the Plan, the Management Stockholder’s Agreement (and the agreements incorporated by reference therein), and the additional terms and conditions set forth in this Agreement, in exchange for the payment by
the Grantee of the net-after tax proceeds of the Make-Whole Payment (as defined in the Employment Agreement) received by the Grantee from DMC pursuant to Section 3(a) of the Employment Agreement, the Company hereby grants to the Grantee
1,366,199 shares of Common Stock (hereinafter called the “Restricted Stock”). The Restricted Stock shall vest and become nonforfeitable in accordance with Section 2 hereof. 

2. Vesting. 
 (a) Unless otherwise provided in the Management Stockholder’s Agreement, so long as the Grantee continues to be employed by the Company or its Subsidiaries through the applicable vesting date:
(i) the Restricted Stock shall vest as to one-third of such shares on each of June 10, 2012, 2013 and 2014; and (ii) all Restricted Stock shall become vested as to 100% of such shares upon the earliest occurrence of a Change in
Control or a termination of the Granteee’s employment with the Company and its Subsidiaries without Cause by the Company and its Subsidiaries, for Good Reason by the Grantee or such a termination due to the Grantee’s death or Disability,
in each case prior to any remaining vesting date(s). Any stock that becomes vested pursuant to this Section 2(a) shall hereafter be referred to as “Vested Restricted Stock.” 

(b) Subject to the provision of Section 2(a)(ii) above, if the Grantee’s employment with the Company or any of its Subsidiaries
is terminated for any reason by the Company or its Subsidiaries, or by the Grantee, any Restricted Stock that has not yet become Vested Restricted Stock at such time shall be forfeited by the Grantee without consideration therefor. 

3. Evidence of Grant. Evidence of the Restricted Stock being issued by the Company hereunder shall be registered in the
Grantee’s name on the stock transfer books of the Company 







 
promptly after the date hereof. 
 4. Rights as a Stockholder. The
Grantee shall be the record owner of the Restricted Stock unless or until such Restricted Stock is forfeited pursuant to Section 2 or is otherwise sold or disposed of as permitted under Section 6 of this Agreement, and as record owner
shall be entitled to all rights of a common stockholder of the Company (including, without limitation, the payment of any dividends on the shares of Restricted Stock). 
 5. Legend on Certificates. The Restricted Shares shall contain a legend stating that they are subject to transfer restrictions and shall be subject to such stop transfer orders and other
restrictions as the Board may deem reasonably advisable under the Plan, the Management Stockholder’s Agreement or the rules, regulations, and other requirements of the Securities and Exchange Commission, any stock exchange upon which such
Restricted Shares are listed, any applicable federal or state laws and the Company’s Articles of Incorporation and Bylaws, and the Committee may cause a legend or legends to be put on any such certificates to make appropriate reference to such
restrictions. 
 6. Transferability. The Restricted Stock may not at any time be transferred, sold, assigned, pledged,
hypothecated or otherwise disposed of unless such transfer, sale, assignment, pledge, hypothecation or other disposition complies with the provisions of this Agreement and the Management Stockholder’s Agreement. 

7. Securities Laws. The Company may require the Grantee to make or enter into such written representations, warranties and
agreements as the Committee may reasonably request in order to comply with applicable securities laws or with this Agreement. The granting of the Restricted Stock hereunder shall be subject to all applicable laws, rules and regulations and to such
approvals of any governmental agencies as may be required. 
 8. Grantee’s Continued Employment with the Company.
Nothing contained in this Agreement or in any other agreement entered into by the Company and the Grantee guarantees that the Grantee will continue to be employed by the Company or any of its Subsidiaries for any specified period of time.

 9. Change in Capitalization. If the Company shall be reorganized, recapitalized or restructured, consolidated or
merged with another corporation, or otherwise undergo a significant corporate event, (a) the Restricted Stock may be adjusted and (b) any stock, securities or other property exchangeable for Common Stock pursuant to such reorganization,
recapitalization, restructuring, consolidation, merger or other corporate event, shall be deposited with the Company and shall become subject to the restrictions and conditions of this Agreement to the same extent as if it had been the original
property granted hereby, all pursuant to Sections 8 and 9 of the Plan. 
 10. Payment of Taxes. The Grantee shall have
full responsibility, and the Company shall have no responsibility, for satisfying any liability for any federal, state or local income or other taxes required by law to be paid with respect to such Restricted Stock, including upon the vesting of the
Restricted Stock. In connection with the foregoing, the Grantee may, at his option, elect to recognize the fair value of the Restricted Stock upon the Grant Date pursuant to Section 83 of the Internal Revenue Code of 1986, as amended. The
Grantee is hereby advised to seek his own tax counsel regarding the taxation of the grant of Restricted Stock made hereunder. 
 11. Limitation on Obligations. The Company’s obligation with respect to the Restricted Stock granted hereunder is limited solely to the delivery to the Grantee of shares of Common Stock on the
date when such shares are due to be delivered hereunder, and in no way shall the Company become obligated to pay cash in respect of such obligation. This Restricted Stock Award shall not be secured by any specific assets of the Company or any of its
Subsidiaries, nor shall any assets of the Company or any 

  
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of its subsidiaries be designated as attributable or allocated to the satisfaction of the Company’s obligations under this Agreement. In addition, the Company shall not be liable to the
Grantee for damages relating to any delays in issuing the share certificates to him (or his designated entities), any loss of the certificates, or any mistakes or errors in the issuance of the certificates or in the certificates themselves.

 12. Notices. Any notice to be given under the terms of this Agreement to the Company shall be addressed to the Company
in care of its Secretary, and any notice to be given to the Grantee shall be addressed to him at the address given beneath his signature hereto. By a notice given pursuant to this Section 12, either party may hereafter designate a different
address for notices to be given to him. Any notice that is required to be given to the Grantee shall, if the Grantee is then deceased, be given to the Grantee’s personal representative if such representative has previously informed the Company
of his status and address by written notice under this Section 12. Any notice shall have been deemed duly given when enclosed in a properly sealed envelope or wrapper addressed as aforesaid, deposited (with postage prepaid) in a post office or
branch post office regularly maintained by the United States Postal Service 
 13. Governing Law. The laws of the State
of Delaware shall govern the interpretation, validity and performance of the terms of this Agreement regardless of the law that might be applied under principles of conflicts of laws. 

14. Restricted Stock Subject to Plan and Management Stockholder’s Agreement; Dispute Resolution. The Restricted Stock shall
be subject to all terms and provisions of the Plan, to the extent applicable to the Restricted Stock and, to the extent applicable to Vested Restricted Stock, the Management Stockholder’s Agreement and the Sale Participation Agreement. In the
event of any conflict between this Agreement or the Plan and the Management Stockholder’s Agreement or the Sale Participation Agreement, the terms of the Management Stockholder’s Agreement or the Sale Participation Agreement, as
applicable, shall control. For all purposes of the Management Stockholder’s Agreement and Sale Participation Agreement, only Vested Restricted Stock shall be considered “Stock” for purposes of the Management Stockholder’s
Agreement, or “Common Stock” that is eligible to be included in any Request (as defined in the Sale Participation Agreement) for purposes of the Sale Participation Agreement. In the event of any conflict between this Agreement and the
Plan, the terms of this Agreement shall control. Notwithstanding any of the foregoing, any dispute regarding the definitions of Cause, Disability and Good Reason for purposes of this Agreement shall be subject to the dispute resolution provisions of
the Employment Agreement. 
 15. Signature in Counterparts. This Agreement may be signed in counterparts, each of which
shall be an original, with the same effect as if the signatures thereto and hereto were upon the same instrument. 

[Continued on next page.] 

  
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 IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date first
above written. 
  

			
	BLUE ACQUISITION GROUP, INC.
		
	By:	 	 /s/ Larry Bodner

	Name:	 	Larry Bodner
	Title:	 	CFO
	
	GRANTEE
	
	 /s/ David J. West

	David J. West


 [Signature Page for Restricted Stock Award Agreement]