Document:

<PAGE>
                                                                   EXHIBIT 10.19

                           STERLING RICE GROUP, INC.

                        PROFESSIONAL SERVICES AGREEMENT

This Professional Services Agreement (the "Agreement") is between Sterling Rice
Group, Inc. ("STERLING RICE"), with its principal place of business at 1035
Pearl Street, Suite 401, Boulder, Colorado 80302, and Centennial Specialty
Foods Corporation             (legal name) with its principal place of business
at 400 Inverness Parkway, Suite 200, Englewood, CO 80112       ("Client").

1.        SERVICES

          STERLING RICE will provide to client the Services specified on a
Statement of Work, under the terms of this Agreement.

2.        DEFINITIONS

          2.1       "Statement of Work" shall mean a proposal or other document
describing the Services and shall specify the Services and applicable
compensation. Each Statement of Work shall be governed by the terms of this
Agreement and shall reference the Effective Date specified below. The initial
Statement of Work is attached to this Agreement.

          2.2       "Services" shall mean work performed by STERLING RICE
pursuant to a Statement of Work agreed to by the parties under this Agreement.
The schedule for Services agreed upon by the parties will be set forth in the
Statement of Work, and will be subject to both parties performing the tasks
allocated to them under the Statement of Work.

3.        CHARGES, PAYMENT AND TAXES

          3.1       Fees for Services
                    Services shall be provided on the compensation basis set
                    forth in the applicable Statement of Work, and may include
                    time and materials payments, milestone payments, contingent
                    compensation, or any other form of compensation agreed by
                    the parties.

          3.2       Incidental Expenses
                    Client shall reimburse STERLING RICE for reasonable travel,
                    communications and out-of-pocket expenses incurred in
                    conjunction with the Services.

          3.3       Invoicing and Payment
                    STERLING RICE will invoice Client monthly, unless otherwise
                    expressly specified in the applicable Statement of Work.
                    Charges shall be payable upon receipt and shall be deemed
                    overdue if they remain unpaid thereafter. Any amount payable
                    by Client hereunder which remains unpaid after the due date
                    shall be subject to late fees of 1.5% per month from the
                    due date until the amount is paid. Client shall issue a
                    purchase order, or alternative document acceptable to
                    STERLING RICE, on or before commencement of Services under
                    the applicable Statement of Work.

          3.4       Taxes
                    The charges do not include taxes. If STERLING RICE is
                    required to pay any federal, state or local taxes based on
                    the Services provided under this Agreement, the taxes shall
                    be billed to and paid by Client; this shall not apply to
                    taxes based on STERLING RICE's income.

(W0742100 JLC)
<PAGE>

4.   TERM AND TERMINATION

     4.1  TERM
          This Agreement shall commence on its Effective Date. Either party may
          terminate this Agreement at any time by providing the other party with
          written notice. Any Statement of Work outstanding at the time of
          termination shall continue to be governed by this Agreement as if it
          had not been terminated.

     4.2  TERMINATION FOR BREACH
          A party may terminate a Statement of Work if the other party is in
          material breach of the Statement of Work and has not cured the breach
          within thirty (30) days of written notice specifying the breach.
          Consent to extent the cure period shall not be unreasonably withheld,
          so long as the breaching party has commenced efforts to cure during
          the thirty-day notice period and pursues cure of the breach in good
          faith.

     4.3  EFFECT OF TERMINATION
          The parties' rights and obligations under Section 3.3, 3.4 and 4.3 and
          Article 5 and 6 shall survive termination of this Agreement and/or a
          Statement of Work. Termination of this Agreement and/or a Statement of
          Work shall not limit either party from pursuing any other remedies
          available to it, including injunctive relief, nor shall termination
          relieve Client of its obligations to pay all charges that accrued
          prior to such termination.

5.   WARRANTY, REMEDY AND LIMITATION OF LIABILITY

     5.1  WARRANTY
          STERLING RICE warrants that the Services will be performed consistent
          with generally accepted industry standards.

     5.2  LIMITATIONS ON WARRANTY
          Client must report any deficiencies in the Services to STERLING RICE
          in writing within sixty (60) days of completion of the Services in
          order to receive any warranty remedies. THE WARRANTY HEREIN IS
          EXCLUSIVE AND IN LIEU OF ALL OTHER WARRANTIES, WHETHER EXPRESS OR
          IMPLIED, INCLUDING ANY IMPLIED WARRANTIES OF MERCHANTABILITY OR
          FITNESS FOR A PARTICULAR PURPOSE.

     5.3  EXCLUSIVE REMEDY
          For any breach of the above warranty, Client's exclusive remedy, and
          STERLING RICE's entire liability, shall be the reperformance of the
          Services. If STERLING RICE is unable to reperform the Services as
          warranted, Client shall be entitled to recover the fees paid to
          STERLING RICE for the deficient Services.

     5.4  LIMITATIONS OF LIABILITY
          In no event shall either party be liable for any indirect, incidental,
          special, or consequential damages, or damages for loss of profits,
          revenue, data, or use, incurred by either party or any third party,
          whether in an action in contract or tort, even if the other party or
          any other person has been advised of the possibility of such damages.
          STERLING RICE's liability for damages hereunder shall in no event
          exceed the amount of fees paid by Client under the applicable
          Statement of Work.

     5.5  INSURANCE
          STERLING RICE agrees to carry business liability and advertising
          liability insurance in amounts equal to the standard in the industry.

                                       2

<PAGE>
6.   GENERAL

     6.1   SUBCONTRACTING
           STERLING RICE shall be authorized to subcontract any of the
           Services, but such subcontracting shall not relieve STERLING RICE of
           any of the responsibilities or obligations under this Agreement.
           Subject to the limitations set forth in Article 5 above, STERLING
           RICE shall be and remain solely responsible to Client for the acts,
           errors, omissions or neglect of any subcontractor's officers,
           agents, and employees, each of whom shall, for this purpose be
           deemed to be an agent of STERLING RICE to the extent of the
           subcontract.

     6.2   NONDISCLOSURE
           The parties may disclose to one another information that is
           confidential ("Confidential Information"). Confidential Information
           shall be limited to information clearly identified as confidential.
           Confidential Information shall not include information which: (a) is
           or becomes part of the public domain through no act or omission of
           the other party: (b) was in the other party's lawful possession
           prior to the disclosure and had not been obtained by the other party
           either directly or indirectly from the disclosing party: (c) is
           lawfully disclosed to the other party by a third party without
           restriction on disclosure: (d) is independently developed by the
           other party: or (e) is disclosed by the operation of law. The
           parties agree to hold the other's Confidential Information in
           confidence while the Services are being performed and for a period
           of two years thereafter. The parties agree not to use the other's
           Confidential Information for any purpose other than the performance
           of Services under a Statement of Work.

     6.3   OWNERSHIP AND USE OF WORK PRODUCT
           Client shall own all right and title to any new works created
           pursuant to a Statement of Work and to all intellectual property
           embodied therein. STERLING RICE shall execute any documents
           reasonably requested by Client to evidence or effect such ownership.
           Client acknowledges that STERLING RICE owns a variety of
           intellectual property relating to its creative processes, and that
           all such rights are retained by STERLING RICE.

     6.4   EMPLOYEE SOLICITATION
           During the term of this Agreement and for twelve (12) months
           thereafter, Client agrees not to solicit for employment any employee
           providing Services to Client on behalf of STERLING RICE.

     6.5   RELATIONSHIP BETWEEN THE PARTIES
           STERLING RICE is an independent contractor; nothing in this
           Agreement shall be construed to create a partnership, joint venture,
           or agency relationship between the parties. Each party will be
           solely responsible for payment of all compensation owed to its
           employees, as well as employment related taxes.

     6.6   GOVERNING LAW
           This Agreement, and all matters asking out of or relating to this
           Agreement, shall be governed by the laws of the State of Colorado.

     6.7   JURISDICTION
           Any legal action or proceeding relating to this Agreement shall be
           adjudicated in the District Court for the County of Boulder, State
           of Colorado, or the United States District Court for the State of
           Colorado. STERLING RICE and Client agree to submit to the
           jurisdiction of, and agree that venue is proper in, the aforesaid
           courts in any such legal action or proceeding. The prevailing party
           in any legal action or proceeding shall be entitled to recover its
           reasonable attorney's fees and costs incurred, in addition to any
           other damages.

<PAGE>
6.8  NOTICE
     All notices, including notices of address change, required to
     be sent hereunder shall be in writing and shall be deemed to have been
     given when mailed by first-class mail to the address listed in the
     applicable Statement of Work (if to Client) or to the STERLING RICE
     address on the Statement of Work (if to STERLING RICE).

6.9  SEVERABILITY
     In the event any provision of this Agreement is held to be invalid or
     unenforceable, the remaining provisions of this Agreement shall remain in
     full force.

6.10 WAIVER
     The waiver by either party of any default or breach of this Agreement shall
     not constitute a waiver of any other or subsequent default or breach.
     Except for actions for nonpayment or breach of either party's intellectual
     property rights, no action, regardless of form, arising out of this
     Agreement may be brought by either party more than one year after the cause
     of action has accrued.

6.11 EXECUTION OF AGREEMENT
     This Agreement shall be binding upon all parties hereto and their
     respective heirs, executors, administrators, successors, and assigns.

6.12 ENTIRE AGREEMENT
     This Agreement constitutes the complete agreement between the parties and
     supersedes all previous and contemporaneous agreements, proposals, or
     representations, written or oral, concerning the subject matter of this
     Agreement. Neither this Agreement nor a Statement of Work may be modified
     or amended except in writing signed by a duly authorized representative of
     each party; no other act, document, usage, or custom shall be deemed to
     amend or modify this Agreement or a Statement of Work. It is expressly
     agreed that any terms and conditions of Client's purchase order shall be
     superseded by the terms and conditions of this Agreement and the applicable
     Statement of Work.

THE EFFECTIVE DATE OF THIS AGREEMENT SHALL BE AUGUST 28, 2003.

EXECUTED BY CLIENT:                     EXECUTED BY STERLING RICE GROUP, INC.:

(ILLEGIBLE)                             /s/ Buddy Ketchner
----------------------------------      ------------------------------------
Authorized Signature                    Authorized Signature

Bob Beckwith                            Buddy Ketchner
----------------------------------      ------------------------------------
Name                                    Name

Chief Marketing Officer                 Managing Partner
----------------------------------      ------------------------------------
Title                                   Title

STATEMENT OF WORK ATTACHED WILL BE FURNISHED TO THE SECURITIES AND EXCHANGE
COMMISSION ON REQUEST.<PAGE>
                                                                   EXHIBIT 10.20

          212 South Central Avenue  St. Louis, Missouri 63105-3506  314.512.8500
                                                              heartland-bank.com

    [HEARTLAND BANK LOGO]

July 9, 2003

Mr. Jeffrey R. Nieder
Chief Financial Officer
Centennial Specialty Foods Corporation
400 Inverness Parkway, Suite 200
Englewood, Colorado 80112

    RE:  Commercial Loan Term Sheet

Dear Jeff:

As a follow up to our telephone conversations, the following are proposed terms
under which Heartland Bank (Bank) would consider providing financing to
Centennial Specialty Foods Corporation (Centennial). The terms are for
discussion purposes only and should not be considered as a commitment to lend
money. Any formal commitment would be subject to complete underwriting and
formal approval by the Bank's Loan Committee, which has not yet been received.

1.  BORROWER:               Centennial Specialty Foods Corporation and any
                            material subsidiaries.

2.  PURPOSE:                Working Capital.

3.  LOAN AMOUNT             $4,000,000 Revolving Credit with availability based
    AND TYPE:               upon Borrowing Base.

4.  BORROWING               The Borrowing Base shall be the sum of 70% of the
    BASE:                   appraised value acceptable to the Bank of the real
                            estate located at 5590 High Street, Adams County, CO
                            and 75% of eligible accounts receivable and 50% of
                            finished goods inventory. In the event outstanding
                            balance on loan exceeds Borrowing Base Availability,
                            Borrower will immediately pay loan down to amount of
                            Borrowing Base Availability.

5.  INTEREST RATE:          Heartland Bank Base Rate (currently 4.00%), floating
                            (adjusted daily as said Base Rate may change) +1.5%
                            with a floor of 5.5%

                                                                          [LOGO]
<PAGE>
Mr. Jeffrey R. Nieder
July 9, 2003
Page 2

6.  COMMITMENT              1% of Loan Amount (non-refundable) payable as
    FEE:                    follows: (1) $5,000 upon acceptance of term
                            sheets; (2) Balance due with signed commitment
                            letter. Any and all fees paid or payable to Lender
                            at or before Closing have been and will be earned by
                            Lender and are not refundable to Borrower for any
                            reason, whether or not Closing occurs.

7.  NON-USAGE FEE:          1/2 of 1% on unused balance computed quarterly in
                            arrears.

8.  MATURITY:               Three years from Closing.

9.  AMORITIZATION:          N/A

10. LOAN PAYMENTS:          Monthly interest only payments beginning the first
                            of the month following closing with the outstanding
                            balance due at maturity.

11. CLOSING:                The closing of the proposed loan shall occur on a
                            date agreed by Borrower and Bank, but not later than
                            August 31, 2003.

12. SECURITY:               As collateral for the Loan, Borrower agrees to grant
                            the Bank a first mortgage on Centennial's Plant
                            located at 5590 High Street, Adams County, CO, and a
                            first lien security interest in all accounts
                            receivable, inventory and assignment of operating
                            agreement between Centennial and Hoopeston.

13. APPRAISAL:              A complete self-contained narrative appraisal
                            report, acceptable to the Bank in its sole
                            discretion, addressed to the Bank and by an
                            appraiser satisfactory to the Bank shall be provided
                            at Borrower's expense prior to closing, dated within
                            90 days of closing, which appraisal shall indicate
                            that the Property has a fair market value acceptable
                            to the Bank in its sole discretion and supporting a
                            loan to value of no greater than 70%.

14. TITLE                   The Bank is to be provided with a commitment for a
    INSURANCE:              mortgagee's title insurance policy covering all
                            parcels of real estate collateral, in an amount
                            acceptable to the Bank and containing only those
                            exceptions approved by the Bank.
<PAGE>
Mr. Jeffrey R. Nieder
July 9, 2003
Page 3

15.  LATE CHARGES:   A late charge equal to five percent (5%) of the payment
                     amount will be assessed for each payment not received at
                     the principal office of the Bank within ten (10) days of
                     the due date.

16.  GUARANTORS:     Any Material subsidiary of Centennial not included as a
                     Borrower.

17.  LEGAL ENTITY:   Borrower shall submit to the Bank a true and complete
                     certified copy of its incorporation documents and
                     authorizing resolutions from all officers, if applicable.

18.  INSURANCE:      Borrower shall deliver, at Closing and from time to time as
                     Bank may request, if applicable, certificates evidencing
                     flood insurance, hazard insurance naming the Bank in the
                     standard loss payable clause, and liability insurance
                     naming Bank as an additional insured, all of which shall be
                     acceptable to the Bank.

19.  FINANCIAL       Borrower shall provide to Bank the following: 1) Annual
     STATEMENTS:     Audited Financial statements or 10K; 2) Quarterly company
                     prepared statements or 10Q. Additional financial
                     information may be requested at Bank's discretion.

20.  COSTS:          Borrower agrees to pay appraisal fees, environmental fees,
                     recording/releasing fees, legal fees, Commitment Fee,
                     survey costs, premiums for flood (if applicable), hazard,
                     and title insurance, inspection costs and any other loan
                     Closing costs as determined by Bank at or prior to Closing,
                     or when invoiced, whether or not Loan closes.

21.  ADDITIONAL      Borrower shall represent, warrant, covenant and agree to
     REQUIREMENTS:   the following requirements:

                     a)  That at the time of Closing of the loan and of each
                         disbursement thereof, the Borrower and Guarantors are
                         solvent and free from bankruptcy, reorganization or
                         arraignment proceedings or a general assignment for the
                         benefit of creditors.
<PAGE>
Mr. Jeffrey R. Nieder
July 9, 2003
Page 4

                    b) Should the Borrower fail to pay such taxes or
                       assessments, or should the Borrower fail to maintain
                       acceptable hazard and liability insurance coverage, the
                       Bank shall have the right, but not the obligation to pay
                       such charges and assessments directly and charge such
                       payment to the Borrower's loan account.

                    c) This Loan is non-assumable.

                    d) Centennial shall raise a minimum of $7,000,000 in an
                       Initial Public Offering substantially under the terms
                       described in the Draft Form SB-2 dated 5/12/2003 provided
                       to the Bank.

                    e) A satisfactory subordination agreement between the Bank,
                       Centennial and James E. Lewis.

                    f) Complete underwriting and formal approval by the Bank's
                       Loan Committee.

                    g) Representative of Bank to make inspection visit and be
                       satisfied with condition of property prior to closing.

                    h) Negotiation of protective covenants satisfactory to
                       Bank.

                    i) Establishment of primary operating account at Bank.

22. ORAL            Oral agreements or commitment to loan money, extend credit
    ARRANGEMENTS:   or to forbear from enforcing repayment of debt including
                    promises to renew such debt are not enforceable. To protect
                    you (Borrower) and us (Bank/Creditor) from misunderstanding
                    or disappointment, any agreement we reach covering such
                    matters are contained in this writing, which is the complete
                    and exclusive statement of the agreement between us, except
                    as we may later agree in writing to modify it.
<PAGE>

Mr. Jeffrey R. Nieder
July 9, 2003
Page 5

Jeff, the above represents an outline under which I would propose to formally
underwrite the requested facility and present the facility to our Loan Committee
for approval. If you would like me to move forward with underwriting, please
return payment of $5,000. If you have any questions, please give me a call. I
can be reached at 314-512-8564. I look forward to working with you on this.

Sincerely,

/s/ Ted H. Kraizer
Ted H. Kraizer
Vice President

THK:jcp

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00056-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00056-of-00352.parquet"}]]