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Exhibit 10.16
 The John B. Sanfilippo & Son, Inc.
Supplemental Retirement Plan
(restated effective as of August 25, 2005)
 Purpose
 Participation
 Eligibility for Plan Benefits
  (a)
    
    engaged in one or more acts constituting a felony, or involving fraud or serious moral
turpitude; or(b)
    
    willfully refused (except by reason of incapacity due to accident or illness) to perform
substantially his duties, provided that such refusal shall have resulted in demonstrable
material injury to the Company or its subsidiaries; or(c)
    
    willfully engaged in gross misconduct materially injurious to the Company.
 Benefit
 (a)
    
    Separation On or After Age 65. Subject to Sections 3 and 4(c),
benefits under the Plan shall commence as soon as administratively feasible after a
Participants separation from service with the Company on or after age 65. Subject to
the last paragraph of this Section 4(a), equal monthly installments (as determined
below) will be paid to the Participant for the Participants life only.
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These equal monthly installments (EMI) will be determined according to the
following formula:
  where X means 50% of the average of the Participants actual annual base earnings
and bonuses earned over any consecutive 5 calendar year period that falls within the
10 calendar years immediately preceding the date the Participant separates from
service with the Company and that maximizes the average of such base earnings plus
bonuses; andwhere Y is the number of full years employed by the Company divided by the greater
of (i) 20, or (ii) the number of full years the Participant would have been employed
if he had been employed by the Company continuously from his hire date through his
attainment of age 65, provided such quotient may not exceed 1.In the event that the Participants benefits commence after his attainment of age
65, his benefit as otherwise computed under the Plan shall be adjusted for the time
value of money (interest only) from age 65 to age at actual retirement.For purposes of this Plan, Actuarial Equivalent means a benefit of equivalent
value, as certified by the Companys actuary, computed on the basis of the actuarial
assumptions set forth in Section 417(e)(3) of the Internal Revenue Code of 1986, as
amended, including the interest rate for the month before the date of distribution.If the Participant has a beneficiary as defined herein, the benefits shall be in the
form of a joint and 100% contingent annuitant benefit, which is the Actuarial
Equivalent, of the Participants life only benefit, provided, however, that solely
for this purpose, the 1983 GAM table (sex distinct) shall be substituted for the
table specified in Section 417(e)(3) of the Internal Revenue Code of 1986, as
amended.(b)
    
    Separation Before Age 65. Subject to Sections 3 and 4(c), in the event
the Participant separates from service with the Company prior to age 65, the benefit
formula of Section 4(a) (subject to the reductions described in this Section 4(b)) will
apply and equal monthly installments of such reduced benefit will commence as soon as
administratively feasible on or after the Participants attainment of age 55 if the
Participant has been credited with, at least, 10 full years of employment at the time
of his separation from service. Subject to Sections 3 and 4(c), if such Participant is
already age 55 or older by the time of separation from service with the Company, such
reduced Section 4(a) benefits will commence as soon as administratively feasible if the
Participant has been credited with, at least, 10 full years of employment at the time
of his separation from service. In the event that a Participant separates from service
prior to age 65, and has not been credited with 10 full years of employment at the time
of his separation from service, his
 
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benefits may not commence until he has attained age 65, at which time his benefits
will commence as soon as administratively feasible. However, if the Participant
predeceases his or her beneficiary before benefit commencement as described herein
and has met the requirements of Section 3, the Participants beneficiary will
receive Plan benefits for such beneficiarys life, commencing as soon as
administratively feasible after the Participants date of death (but no earlier than
the date the Participant would have attained age 55) and equal to the benefit that
would have been payable to the beneficiary, assuming the Participant had lived to
his or her benefits commencement date and died the day after.In all cases, benefits under this Section 4(b) will be the Actuarial Equivalent of
the Age 65 benefit, and in the case of disability, any such benefit will be further
reduced by any benefits received under any of the Companys long-term disability
benefit plans until the Participant ceases to receive disability benefits. For
purposes of the Plan, disability shall mean a Participant is unable to engage in
any substantial gainful activity by reason of any medically determinable physical or
mental impairment which can be expected to result in death or can be expected to
last for a continuous period of not less than 12 months. The determination of
whether this disability standard is met will be at the sole discretion of the
Company, as determined based upon evidence satisfactory to it.(c)
    
    Additional Benefit Restrictions. The determination/calculation of the
amounts of all benefits under the Plan will be final, irrevocable and not subject to
adjustment after the date benefits commence. Notwithstanding anything to the contrary,
in the event the present lump sum Actuarial Equivalent value of benefits under the Plan
on the benefit commencement date is less than or equal to $50,000.00, such benefits
will be paid to the Participant or the Participants beneficiary in a single lump sum
distribution. All applicable benefit payments under the Plan will be subject to the
distribution rules of Code Section 409A. Accordingly, if, at the time the Participant
becomes entitled to payments and benefits under the Plan, the Participant is a
Specified Employee (as defined and determined under Code Section 409A), then,
notwithstanding any other provision in the Plan to the contrary, the following
provision shall apply. No Plan payments considered deferred compensation under Code
Section 409A and not subject to an exception or exemption thereunder, shall be paid to
the Participant until the date that is six (6) months after the Participants effective
date of termination. In the event that benefit commencement must be deferred pursuant
to those rules, such benefits that would otherwise have been paid during this six-month
period shall be aggregated and paid at the time benefits commence.If the Participant does not have a beneficiary on the date benefits commence,
benefits will cease upon the Participants death. Notwithstanding anything to the
contrary, if both the Participant and the Participants beneficiary die before
benefit commencement, all entitlement to benefits will terminate. For all purposes
of the Plan, beneficiary shall be determined on the date benefits commence and
shall be the Participants legally married spouse or the
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Participants domestic partner. The term domestic partner shall mean either a
same-sex or opposite-sex individual that is not legally married, not dependent on
anyone (other than the Participant) for anything, at least 18 years old and with
whom the Participant (i) maintains a single, dedicated relationship that is intended
to be permanent; (ii) has shared the same principal residence for at least 1 year
and intends to continue to do so permanently; and (iii) is financially
interdependent (e.g., joint ownership of real property, joint bank accounts, each is
the primary beneficiary of the other on wills, trusts, and benefit plans). The
determination of whether a Participant has a domestic partner under the foregoing
standards will be at the sole discretion of the Company.
 Non-alienability
 Exclusive Benefit
 Unfunded Status
 Amendment and Termination
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Administration
 Claim Procedures
 (a)
    
    Initial Action. All claims for benefits under this Plan shall be made
by filing a written claim with the Company which shall set forth sufficient evidence of
entitlement to such benefits. The Company shall notify the claimant in writing as to
the amount of benefits to which he or she is entitled, the timing of payments of
benefits, and any other pertinent information. If a claim for benefits is denied, in
whole or in part, the Company shall provide adequate notice in writing to the claimant
whose claim has been denied within 90 days after receipt of the claim unless special
circumstances require an extension of time for processing the claim. Claimants shall
be notified in writing of any such extension of time. The notice of denial shall
provide specific reasons for the denial, shall make reference to any pertinent Plan
provisions on which the denial is based, and shall inform the claimant that any appeal
of the denial must be made by giving the Company, within 60 days after receipt of the
notice of the denial, written notice of such appeal which describes the pertinent
issues and the basis of the claim. In the event of any appeal, a claimant or his or
her duly authorized representative may review pertinent documents upon request or
submit any relevant materials to support his or her claim. If a claimant fails to
timely file an appeal, the Companys adverse determination shall be final, binding and
conclusive.(b)
    
    Appeal. If the Company receives a timely notice of appeal of a denial,
such notice and all relevant materials shall be immediately submitted to the Company.
The Company may hold a hearing or otherwise ascertain such facts as it deems necessary
and shall render a decision on the appeal. The decision of the Company shall be made
within 60 days after the receipt by the Company of the notice of appeal unless special
circumstances require an extension of time for processing the appeal. Claimants shall
be notified in writing of any such extension of time. The Companys decision shall be
in writing and shall provide specific reasons for the decision and shall make reference
to any pertinent Plan provisions on which the decision is based. The Companys
determination on appeal shall be final, binding and conclusive.(c)
    
    Legal Action. No legal or equitable action shall be brought in any
court until after the claim procedure set forth in this Section 10 has been fully
exhausted.
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Governing Law
 Severability
 No Contract of Employment
 Plan Year
 Withholding from Payments
 Successors
 FICA Tax Obligation
 Code Section 409A
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JOHN B. SANFILIPPO & SON, INC.By:
    
    /s/  Michael J. ValentineIts:
    
    Chief Financial Officer and Group PresidentDate:
    
    August 2, 2007
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