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Exhibit 10.57    
  

FIRST AMENDMENT TO

SECOND AMENDED AND RESTATED LOAN AND SECURITY AGREEMENT  

        This FIRST AMENDMENT TO SECOND AMENDED AND RESTATED LOAN AND SECURITY AGREEMENT entered into as of this 6th day of March, 2003 (this
"First Amendment"), is hereby entered into among FOOTHILL CAPITAL CORPORATION, a California corporation
("Lender") and Mrs. Fields' Original Cookies, Inc., a Delaware corporation ("Borrower"). 

RECITALS  

        WHEREAS, Borrower and Lender have executed and delivered that certain Second Amended and Restated Loan and
Security Agreement dated as of January 16, 2003 (as may be amended, modified or supplemented from time to time, the "Loan Agreement"); 

        WHEREAS, on or about August 24, 1998, Mrs. Fields Holding Company, Inc.
("Parent") issued those certain Senior Secured Notes due 2005 (the "Parent Notes") in the original
principal amount of $55,000,000; 

        WHEREAS, as of January 2003, the outstanding principal balance of the Parent Notes was $27,950,000; 

        WHEREAS, in January 2003, Mrs. Fields' Famous Brands ("MFFB") purchased
Parent Notes in the face amount of $12,848,000 at a discount for $4,400,000 by paying $900,000 in cash and issuing a note payable to Jefferies, Inc. in the principal amount of $3,500,000 (the
"Jefferies Note"); 

        WHEREAS, MFFB has advised Lender that it plans to offer to purchase and extinguish the remaining Parent Notes in the face amount of
$15,100,000 at a discount for $5,200,000 payable over the course of
fiscal year 2003 which MFFB plans to finance by obtaining a new loan presently estimated to be in the amount of $3,100,000 (the "New Note") and using
money accrued under the Tax Allocation Agreement (as defined in the Loan Agreement); 

        WHEREAS, Borrower has requested that, notwithstanding Section 7.11 of the Loan Agreement, it be permitted to pay to MFFB up to
$8,500,000 in cash, of which $5,000,000 was accrued under the Tax Allocation Agreement for fiscal year 2002 to be distributed in the near future and of which $3,500,000 is expected to be accrued under
the Tax Allocation Agreement in fiscal year 2003 to be distributed in June 2003, September 2003 and December 2003, all for the purpose of repaying the Jefferies Note, purchasing
the Parent Notes and repaying the New Note; and 

        WHEREAS, Borrower has also requested that Borrower have additional time to complete certain conditions subsequent set forth in
Section 3.2 of the Loan Agreement; 

        NOW, THEREFORE, for good and valuable consideration, the receipt and adequacy of which are hereby acknowledged, and upon the terms and
conditions set forth herein Borrower and Lender hereby agree as follows: 

        SECTION 1.    RELATION TO THE LOAN AGREEMENT; DEFINITIONS.    

        1.1  Relation to Loan Agreement. This First Amendment constitutes an integral part of the Loan
Agreement and shall be deemed to be a Loan Document for all purposes. Upon the effectiveness of this First Amendment, on and after the date hereof each reference in the Loan Agreement to "this
Agreement," "hereunder," "hereof," or words of like import referring to the Loan Agreement, and each reference in the other Loan Documents to "the Loan Agreement," "thereunder," "thereof" or words of
like import referring to the Loan Agreement, shall mean and be a reference to the Loan Agreement as amended hereby. 

        1.2  Capitalized Terms. For all purposes of this First Amendment, capitalized terms used herein
without definition shall have the meanings specified in the Loan Agreement. 

 

        SECTION 2.    AMENDMENT TO LOAN AGREEMENT.    

        2.1  Amendment to Section 1. 

        (a)  Section 1.1
of the Loan Agreement is hereby amended by adding the following definitions: 

        "Jefferies Note" means that certain Secured Increasing Rate Promissory Note dated as of January 17, 2003 in the amount of
$3,500,000 issued by MFFB and payable to Jefferies, Inc. 

        "New Note" means that certain note to be issued by MFFB in an amount presently estimated to be $3,100,000. 

        "Parent Notes" means those certain Senior Secured Notes due 2005 in the original principal amount of $55,000,000 issued by Parent pursuant
to the Parent Indenture. 

        (b)  Section 1.1
of the Loan Agreement is hereby further amended by deleting the definition of "Adjusted EBITDA" in its entirety and replacing it with the following
definition: 

        "Adjusted EBITDA" means with respect to any Person, EBITDA plus (a) to the extent
and only to the extent deducted from earnings used in calculating EBITDA, the sum of $5,300,000 related to the Wal-Mart store impairment charges incurred in June 2002 for any period
that includes the month of June 2002, (b) to the extent and only to the extent deducted from earnings used in calculating EBITDA, non-cash charges in compensation expense
attributable to stock options granted by Parent in the aggregate amount over the term of this Agreement of up to $2,000,000, (c) to the extent and only to the extent deducted from earnings used
in calculating EBITDA and only to the extent not already deducted from earnings as a result of clause (a) above, charges related to the closure
of Borrower's operations in Wal-Mart stores in an aggregate amount of up to $1,950,000, (d) to the extent and only to the extent deducted from earnings used in calculating EBITDA,
charges related to the impairment of goodwill under the Statement of Financial Accounting Standards No. 142 for Fiscal Year 2002 of up to $39,111,000, and (e) to the extent and only to
the extent not already included in the calculation of EBITDA, the amounts received by Borrower as the Americana Sale Advisory Fee under the TCBY Management Agreement up to the amount of $2,500,000
whether or not such fee would be considered an "extraordinary gain" under GAAP; and less (x) the sum of $1,500,000 in insurance proceeds
received in July 2002 for any period that includes the month of July 2002 and (y) the sum of the net gains resulting from the Company Store Sales so long as such net gains exceed
the net losses resulting from the Company Stores Sales on a trailing twelve month basis; provided, however, that for the purpose of calculating the
Borrowing Base, Adjusted EBITDA shall be calculated without regard to clause y hereof. 

        2.2  Amendment to Section 3.2.

        Section 3.2
of the Loan Agreement is hereby amended by deleting Section 3.2 in its entirety and replacing it with the following: 

        "3.2 Conditions Subsequent to the Initial Extension of Credit. The obligation of Lender to continue to make Advances and L/C Advances (or
otherwise extend credit hereunder) is subject to the fulfillment, on or before the date applicable thereto, of each of the conditions subsequent set forth below (the failure by Borrower to so perform
or cause to be performed constituting an Event of Default) or the express prior written waiver thereof by Lender: 

        (a)  within
ninety (90) days of the Closing Date, deliver to Lender copies of the policies of insurance, together with the endorsements thereto, as are required by  Section 6.8, the form and substance of
which shall be reasonably satisfactory to Lender and its counsel; 

        (b)  within
fifteen (15) days of the Closing Date, Borrower shall have filed termination statements with respect to the Liens on the real property owned by GACC in
favor of Bank of America, N.A. and T&W Financial Services Company LLC and with respect to the Liens listed on 

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Schedule 3.2(b) and delivered copies of such termination statements to Lender and within forty-five (45) days of the Closing Date Lender shall have received evidence in form
and substance reasonably satisfactory that such Liens have been released; 

        (c)  Borrower
shall use commercially best efforts to obtain and deliver to Lender within seventy-five (75) days of the Closing Date a Collateral Access
Agreement duly executed by the lessors of the facilities located at 440 W. Lawndale Drive, Salt Lake City, Utah and 443 W. Lawndale Drive, Salt Lake City, Utah (which efforts shall not include
monetary expenditures in excess of nominal amounts); 

        (d)  Borrower
shall use commercially best efforts to obtain and deliver to Lender within seventy-five (75) days of the Closing Date, a Landlord's Consent
to Leasehold Mortgage duly executed by the lessor of Borrower's corporate headquarters (which efforts shall not include monetary expenditures in excess of nominal amounts); 

        (e)  within
seventy-five (75) days of the Closing Date, Airport Cookies shall have been merged into Borrower and Lender shall have received evidence of
such merger in form and substance reasonably satisfactory to Lender; and 

        (f)    within
seventy-five (75) days of the Closing Date, Lender shall have received evidence that the UCC financing statements filed by Peachtree Pretzel,
Sunshine Pretzel and CMBC have been amended in form and substance reasonably satisfactory to Lender." 

        2.3  Amendment to Section 4.1.

        Section 4.1
is hereby amended to delete the first paragraph of Section 4.1 and replace it with the following paragraph: 

        "4.1
Grant of Security Interest. Borrower hereby grants to Lender a security interest in and a continuing lien on all of its right, title,
and interest in all currently existing and hereafter acquired or arising Personal Property Collateral in order to secure prompt repayment of any and all of the Obligations in accordance with the terms
and conditions of the Loan Documents and in order to secure prompt performance by Borrower of each of its covenants and duties under the Loan Documents. Borrower also grants to Wells Fargo and any
Affiliate of Wells Fargo a security interest in and a continuing lien on all of its right, title, and interest in all currently existing and hereafter acquired or arising Personal Property Collateral
in order to secure prompt repayment of any and all of the Bank Product Obligations in accordance with the terms and conditions of the Loan Documents. The Lender's and Wells Fargo's and its Affiliate's
Liens in and to the Personal Property Collateral shall attach to all Personal Property Collateral without further act on the part of Lender, Wells Fargo or its Affiliates or Borrower. Anything
contained in this Agreement or any other Loan Document to the contrary notwithstanding, except for Permitted Dispositions, Borrower has no authority, express or implied, to dispose of any item or
portion of the Collateral." 

        2.4  Amendment to Section 6.

        Section 6
is hereby amended to add the following Section 6.21: 

        "6.21
Pledge of Stock of Borrower and Intercompany Note. Promptly soon after and in no event no later than three (3) days after the
purchase of all of the Parent Notes, Parent shall execute and deliver a Stock Pledge Agreement with respect to the Stock of the Borrower and all other documents, instruments, and agreements reasonably
requested by Lender and concurrently therewith if possible and in no event later than 20 days after the execution of the Stock Pledge Agreement, Parent shall deliver Stock certificates and
Stock powers endorsed in blank to Lender and all other documents, instruments, and agreements reasonably requested by Lender. Promptly soon after and in no event later than three (3) days after
the purchase of all of the Parent Notes, Parent shall also execute and deliver an intercompany subordination agreement in form and substance satisfactory to Lender in connection with 

3

 

that certain intercompany note dated December 29, 2001 in the amount of $607,000 payable by Borrower to Parent." 

        2.5  Amendment to Section 7.11.

        Section
7.11 of the Loan Agreement is hereby amended by deleting Section 7.11 in its entirety and replacing it with the following: 

        "7.11
Distributions. 

        (a)  Make
any payment, distribution or declare or pay any dividends (in cash or other property, other than common Stock) on, or purchase, acquire, redeem, or retire any of
Borrower's Stock, of any class, whether now or hereafter outstanding, or make any distributions or payments to Affiliates, except that: 

	(i)
	any
Subsidiary of Borrower may make any payment, distributions and declare and pay dividends to Borrower or to any of Borrower's other Subsidiaries;

	(ii)
	Borrower
may make payments to Parent or MFFB for administrative expenses made in the ordinary course of business; so long
as (1) no Event of Default shall have occurred or be continuing, (2) no Event of Default would occur as result of any such payments and (3) such payments
do not exceed $100,000 annually;

	(iii)
	Borrower
may make payments to MFFB for the purpose of purchasing the Parent Notes at a discount of at least 60% (the
"Discount") and paying related fees and expenses in an amount up to: (1) $5,000,000 payable on or before March 31, 2003,
(2) $1,050,000 payable on each of June 1, 2003 and September 1, 2003, and (3) $1,400,000 payable on December 1, 2003; provided that and
subject to the following conditions: (A) Borrower has received at least $2,000,000 from Coca Cola Fountain and such amounts have been deposited in the Cash Management
Account; (B) no Event of Default shall have occurred or be continuing at the time of any such payment; (C) no Event of Default would result from such payment; (D) all such
payments are used, directly or indirectly, to purchase and extinguish the Parent Notes at the Discount and repay and extinguish the Jefferies Note and the New Note; (E) Borrower has timely paid
the interest due on the notes issued pursuant to the Borrower's Indenture; and (F) all such amounts paid by Borrower pursuant to this  clause (iii) are credited to Borrower for amounts which
would otherwise be payable by Borrower under  clause (iv);

	(iv)
	Borrower
may make payments to Parent or MFFB with respect to a Taxable Period equal to the lesser of
(1) the actual amount of taxes payable by Parent with respect to its consolidated Federal income tax liability (and any unitary, combined, consolidated or similar state and local taxes) of the
Group for such Taxable Period ("Actual Tax Payable") and (2) an amount equal to the product of (x) the Borrower's Share and (y) the
Actual Tax Payable; provided that and subject to the following conditions: (A) no Event of Default shall have occurred or be continuing,
(B) no Event of Default shall result after
giving effect to any such payment, and (C) Borrower provides 5 Business Days' prior written notice to Lender of any proposed payment with a calculation demonstrating compliance with this
Section. The form of any payment permitted under this clause (iv) may be made by check or wire as required under Section 4 of the Tax
Allocation Agreement and any payments permitted under this clause (iv) shall be made no earlier than five (5) days prior to the due date
of such tax payment. To the extent that the amount paid by Borrower to Parent or MFFB pursuant to this clause (iv) is greater than Borrower's
Share of the actual 

4

 

taxes
paid by Parent on the due date, then Parent or MFFB, as the case may be, shall immediately return such excess amounts to Borrower; 

	(v)
	Borrower
may make payments to the TCBY Entities or in account of the TCBY Entities pursuant to the TCBY Management Agreement for reimbursable
obligations thereunder so long as (1) no Event of Default shall have occurred or be continuing, (2) no Event of Default would occur as result of any such payments, and (3) the
TCBY Entities reimburse Borrower for such payment within fifteen (15) days of the date Borrower made such payment. In the event the TCBY Entities do not fully reimburse Borrower within such
15 day time period then Borrower shall not make any further payments to the TCBY Entities, whether under the TCBY Management Agreement or otherwise;

	(vi)
	Borrower
may make payments to Affiliates for goods, services and licensing transactions that are in the ordinary course of Borrower's business, upon
fair and reasonable terms, that are fully disclosed to Lender, and that are no less favorable to Borrower than would be obtained in an arm's length transaction with a non-Affiliate;

	(vii)
	Borrower
make payments, distributions and declare and pay dividend to its Subsidiaries but only to the extent such payments, distributions and
dividends are permitted under clauses (i) and (j) of the definition of Permitted Investments; and

	(viii)
	Borrower
may make interest payments and payments of principal equal to the outstanding principal balance of $607,000 to Parent pursuant to that
certain intercompany note dated as of December 29, 2001 so long as such payments are in accordance with that certain pledge agreement dated as of August 24, 1998 by Parent in favor of
The Bank of New York. 

        (b)  make
any payments under the Tax Allocation Agreement other than (i) payments up to $8,500,000 to the extent specifically permitted under  clause (a)(iii) above and (ii) the payments set forth
in clauses (a)(ii) and
(a)(iv) above so long as (1) such payments do not exceed amounts permitted under the Tax Allocation Agreement and (2) all amounts payable by Borrower under  clause (a)(iii) above have been fully credited to Borrower for amounts otherwise payable by Borrower under  clause(a)(iv). 

        Without
limiting the generality of the forgoing, Borrower shall not make any payments, distributions or dividends nor shall it permit any of its Subsidiaries to make any payments,
distributions or dividends under the Tax Allocation Agreement or any other agreement or transaction (including those listed on Schedule 7.14) except as permitted by this  Section 7.11."

        2.6  Amendment to Section 7.20.

        Section 7.20
of the Loan Agreement is hereby amended by deleting Section 7.20 in its entirety and replacing it with the following: 

        "7.20  Financial Covenants. 

        (a)  Fail
to maintain: 

	(i)
	Minimum Adjusted EBITDA. Adjusted EBITDA, measured on a Fiscal Quarter-end basis, for the
trailing twelve (12) month period most recently ended, of Borrower and 

5

 

its
Subsidiaries, of not less than the required amount set forth in the following table for the applicable period set forth opposite thereto; 

	Applicable Amount
	 	Fiscal Period Ending

	$19,630,000	 	December 2002
	$18,815,000	 	March 2003
	$20,650,000	 	June 2003
	$22,080,000	 	September 2003
	$21,180,000	 	December 2003
	$21,580,000	 	March 2004
	$21,625,000	 	June 2004
	$22,420,000	 	September 2004
	$22,790,000	 	December 2004

	(ii)
	Leverage Ratio. A Leverage Ratio, measured on a Fiscal Quarter-end basis, for the trailing
twelve (12) month period most recently ended of Borrower and its Subsidiaries of not more than: 

	Quarter Ending
	 	Applicable Amount

	December 2002	 	7.95
	March 2003	 	8.25
	June 2003	 	7.5
	September 2003	 	7.0
	December 2003	 	7.30
	March 2004	 	7.15
	June 2004	 	7.10
	September 2004	 	6.85
	December 2004	 	6.70

	(iii)
	Fixed Charge Coverage Ratio. A Fixed Charge Coverage Ratio, measured on a Fiscal
Quarter-end basis for the trailing twelve (12) month period most recently ended of Borrower and its Subsidiaries of not less than: 

	Quarter Ending
	 	Applicable Amount

	December 2002	 	0.73
	March 2003	 	0.72
	June 2003	 	0.81
	September 2003	 	0.90
	December 2003	 	0.83
	March 2004	 	0.89
	June 2004	 	0.93
	September 2004	 	1.01
	December 2004	 	1.09

6

 

        (b)  Make:

	(i)
	Capital Expenditures. Capital expenditures in excess of the amount set forth in the following table for
the applicable period: 

	December 2002
 
	 	Fiscal Year 2003
	 	Fiscal Year 2004

	$350,000	 	$4,300,000 for the Fiscal Year	 	$4,300,000 for the Fiscal Year but no more than $1,500,000 in any one Fiscal Quarter

        provided, that to the extent the capital expenditures are less than $4,300,000 for Fiscal Year 2003 the amount of permissible capital
expenditures for Fiscal Year 2004 shall be increased by the difference between $4,300,000 and the actual amount of capital expenditures for Fiscal Year 2003." 

        2.7  Amendment to Section 7.22. Section 7.22 is hereby amended to replace the reference
to "January 1, 2003" therein to January 1, 2004. 

        SECTION 3.    REPRESENTATIONS, WARRANTIES AND ACKNOWLEDGMENTS.    

        3.1  Representations.

        Borrower
and each Guarantor hereby represents and warrants to Lender that: 

        (a)  Borrower
and each Guarantor is a corporation duly organized and existing and in good standing under the laws of its respective jurisdiction of formation and is duly
qualified to do business and in good standing in every jurisdiction in which the nature of the business done or the property owned by it would make such qualification necessary; 

        (b)  Borrower
and each Guarantor has all requisite power and authority to own and operate its properties, and to conduct its business as currently conducted and as currently
proposed to be conducted. Borrower and each Guarantor has all requisite power and authority necessary to enter into this First Amendment and the First Modification to Deed to Secure Debt and to
perform its respective obligations under this First Amendment and the First Modification to Deed to Secure Debt; 

        (c)  Borrower
and each Guarantor has taken all corporate action necessary to be taken by it to authorize the execution and delivery of this First Amendment and the First
Modification to Deed to Secure Debt. This First Amendment and the First Modification to Deed to Secure Debt has been duly executed and delivered by Borrower and each Guarantor and constitutes legal,
valid and binding obligations of Borrower and each Guarantor, enforceable against Borrower and each Guarantor in accordance with its terms; 

        (d)  After
giving effect to the amendments and waivers herein, no event has occurred and no condition exists which constitutes a Default or an Event of Default under the Loan
Agreement or the other Loan Documents; and 

        (e)  The
Loan Agreement and all other Loan Documents and all representations, warranties, terms and conditions therein remain in full force and effect, and Borrower and each
Guarantor hereby confirms and ratifies each of the provisions of the Loan Agreement and the other Loan Documents. 

7

 

        SECTION 4.    MISCELLANEOUS.    

        4.1  Conditions to Effectiveness. The amendments contained in Section 2 above shall become
effective as of the date hereof when, and only when, the following conditions have been satisfied as determined in Lender's sole and absolute discretion: 

        (a)  Duly
executed counterparts of this First Amendment and the First Modification to Deed to Secure Debt have been executed and delivered by Lender, Borrower and each
Guarantor on or before the 6th day of March, 2003; 

        (b)  Borrower
shall have paid to Lender an amendment fee in the amount of $100,000; and 

        (c)  Borrower
has paid all fees, costs and expenses incurred in connection with this First Amendment as of the date of this First Amendment, including, without limitation,
legal fees and expenses as have been billed as of the date of the First Amendment. 

        4.2  Cross-References. References in this First Amendment to any Section (or "§") are,
unless otherwise specified, to such Section (or "§") of this First Amendment. 

        4.3  Successors and Assigns. This First Amendment shall be binding upon and inure to the benefit of
the parties hereto and their respective successors and assigns. 

        4.4  Counterparts. This Agreement may be executed by one or more of the parties hereto on any number
of separate counterparts, each of which shall be deemed an original and all of which, taken together, shall be deemed to constitute one and the same instrument. Delivery of an executed counterpart of
this Agreement by facsimile transmission shall be as effective as delivery of an originally executed counterpart hereof. 

        4.5  GOVERNING LAW. THIS FIRST AMENDMENT SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAW
OF THE STATE OF CALIFORNIA, WITHOUT REGARD TO ANY CONFLICT OF LAWS PRINCIPLES. 

        4.6  Outstanding Indebtedness.

        (a)  Borrower
and each Guarantor hereby acknowledges and agrees that as of March 5, 2003, the aggregate outstanding principal amount due under the Loan Agreement is
$4,196,313.01 and that such principal amount is payable pursuant to the Loan Agreement as amended hereby without defense, offset, withholding, counterclaim or deduction of any kind. 

        (b)  Borrower
and each Guarantor, their successors-in-title, legal representatives and assignees and, to the extent the same is claimed by right of,
through or under Borrower or any Guarantor, for their past, present and future employees, agents, representatives, officers, directors, shareholders, and trustees, do hereby forever remise, release
and discharge Lender, and Lender's respective successors-in-title, legal representatives and assignees, past, present and future officers, directors, shareholders, trustees,
agents, employees, consultants, experts, advisors, attorneys and other professionals and all other persons and entities to whom Lender would be liable if such persons or entities were found to be
liable to Borrower or any Guarantor, or any of them (collectively hereinafter the "Lender Parties"), from any and all manner of action and actions, cause and causes of action, claims, charges,
demands, counterclaims, suits, debts, dues, sums of money, accounts, reckonings, bonds, bills, specialties, covenants, contracts, controversies, damages, judgments, expenses, executions, liens, claims
of liens, claims of costs, penalties, attorneys' fees, or any other compensation, recovery or relief on account of any liability, obligation, demand or cause of action of whatever nature relating to,
arising out of or in connection with the Loan Agreement or any other Loan Document, including but not limited to, acts, omissions to act, actions, negotiations, discussions and events resulting in the
finalization and execution of this First Amendment, as, among and between the Borrower and the Lender Parties, such claims whether 

8

 

now accrued and whether now known or hereafter discovered, from the beginning of time through the date hereof. 

        Borrower
and each Guarantor hereby knowingly, voluntarily, intentionally and expressly waive and relinquish any and all rights and benefits that they may have under Section 1542
of the California Civil Code, or any other similar provision of any other jurisdiction, as against the Lender Parties. Section 1542 of the Civil Code of California provides: 

"A
GENERAL RELEASE DOES NOT EXTEND TO CLAIMS WHICH THE CREDITOR DOES NOT KNOW OR SUSPECT TO EXIST IN HIS FAVOR AT THE TIME OF EXECUTING THE RELEASE, WHICH IF KNOWN BY HIM MUST HAVE MATERIALLY AFFECTED
HIS SETTLEMENT WITH THE DEBTOR." 

        Borrower
and each Guarantor hereby acknowledge that the foregoing waiver of the Section 1542 of the California Civil Code was separately bargained for. Borrower and each Guarantor
knowingly, voluntarily, intentionally and expressly waive any and all rights and benefits conferred by Section 1542, or by any law of the any state or territory of the United States or any
foreign country or principle of common law that is similar or analogous to Section 1542 and agree and acknowledge that this waiver is an essential term of this First Amendment, without which
the consideration would not have been given by the Lender to the Borrower. 

        4.7  Ratification. Except as expressly amended or waived herein, all of the representations,
warranties, terms, covenants and conditions of the Loan Agreement and the other Loan Documents shall remain unamended and unwaived and shall continue to be, and shall remain, in full force and effect
in accordance with their respective terms. The amendments set forth herein shall be limited precisely as provided for herein to the provisions expressly amended herein and shall not be deemed to be a
waiver of, amendment of, consent to or modification of any other term or provision of any other document or of any transaction or further action on the part of the Borrower or the Guarantors which
would require the consent of Lender under the Loan Agreement. 

        4.8  Consent of Guarantors. Without limiting any waivers or any other provisions contained in its
respective Guaranty, each Guarantor hereby consents to the terms of this First Amendment and hereby confirms and agrees that its respective Guaranty is and shall continue to be in full force and
effect and is hereby ratified and confirmed in all respects. 

[Remainder
of page intentionally left blank.] 

9

 

        IN
WITNESS WHEREOF, the parties hereto have caused this First Amendment to be executed and delivered as of the date first above written. 

	 	 	MRS. FIELDS' ORIGINAL COOKIES,

INC., a Delaware corporation
	

 	
 	

By: /s/ Michael R. Ward
 Name: Michael R. Ward

Title: Senior Vice President
	

 	
 	

FOOTHILL CAPITAL CORPORATION,, a California corporation
	

 	
 	

By: /s/ Lisa Cooley
 Name: Lisa Cooley

Title: Vice President

THE
FOREGOING FIRST AMENDMENT IS AGREED TO, CONSENTED TO AND ACCEPTED BY AND EACH GUARANTOR EXPRESSLY AGREES TO BE BOUND BY SECTION 4.6 HEREOF: 

	GREAT AMERICAN COOKIE COMPANY, INC.,

a Delaware corporation,

as Guarantor	 	 
	

By: /s/ Michael R. Ward            

Name: Michael R. Ward

Title: Senior Vice President	
 	

 
	

PRETZEL TIME, INC.,

a Utah corporation,

as Guarantor	
 	

 
	

By: /s/ Michael R. Ward            

Name: Michael R. Ward

Title: Senior Vice President	
 	

 
	

PRETZELMAKER, INC.,

a Utah corporation,

as Guarantor	
 	

 
	

By: /s/ Michael R. Ward            

Name: Michael R. Ward

Title: Senior Vice President	
 	

 

10

 

	

MRS. FIELDS GIFTS, INC.,

a Utah corporation,

as Guarantor	
 	

 
	

By: /s/ Michael R. Ward            

Name: Michael R. Ward

Title: Senior Vice President	
 	

 
	

MRS. FIELDS COOKIES AUSTRALIA,

a Utah corporation,

as Guarantor	
 	

 
	

By: /s/ Michael R. Ward            

Name: Michael R. Ward

Title: Senior Vice President	
 	

 

11

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Exhibit 10.58    
  

	*
	Confidential
treatment has been requested for the redacted portion. The confidential, redacted portions have been filed separately with the SEC. 

BEVERAGE MARKETING AGREEMENT
  Mrs. Fields Original Cookies, Inc.
 March 7, 2003  

SCOPE OF MARKETING AGREEMENT  

        The parties to the Beverage Marketing Agreement (the "Agreement") are Mrs. Fields Original Cookies, Inc. ("MFOC") and Coca-Cola Fountain
("CCF"), part of The Coca-Cola Company. The Agreement will apply to all outlets where Fountain Beverages and Juice Beverages are served that are owned or operated by MFOC or any of its
subsidiaries, including any outlets that are opened after the Agreement is signed. The Agreement will also apply to acquired outlets (including outlets owned or operated by an acquired business),
unless those outlets are already governed by an agreement with CCF and that agreement is validly assigned to MFOC as part of the acquisition. If the acquired outlet is currently under a
pre-existing agreement with a competitive beverage supplier, the acquired outlet will come under this Agreement after the competitive agreement is terminated or expires. MFOC will cause
all TCBY outlets, including those that are newly opened or acquired to comply with the terms of this Agreement. The Agreement will not apply to any outlets outside the fifty United States. All outlets
owned or operated by MFOC are referred to as "Corporate Outlets." Outlets owned by authorized franchisees of MFOC are referred to as "Franchised Outlets." The programs described in this Agreement are
the only programs in which the Corporate and Franchised Outlets may participate during the Term. 

TERM  

        The Agreement will become effective when signed by both parties and the Term shall begin as of January 1, 2003 and will continue for a period of six
(6) years or until the Participating System Outlets (as defined below) have purchased the Volume Commitment of CCF's Fountain Syrups and the Volume Commitment of CCF's Juice Beverages,
whichever occurs last. 

        When
used in the Agreement, the term "Year" means each consecutive twelve-month period during the Term, beginning with the first day of the Term. The Beverage Marketing Agreement between
MFOC and CCF dated January 9, 1997 (the "1997 Agreement") and the Juice Beverage Marketing Agreement between MFOC and CCF dated September 28, 2001 (the "2001 Juice Agreement"), will
govern the relationship between the parties until the beginning of the Term. After the Term begins, except for those amounts listed as outstanding in this Agreement under the "Prior Agreement"
section, MFOC has no further obligations under the 1997 Agreement and the 2001 Juice Agreement. 

FOUNTAIN BEVERAGE AVAILABILITY  

        The term "Beverage" means all soft drinks and other non-alcoholic beverages, including non-dairy beverages, dairy-based beverages, waters,
sports drinks, frozen beverages, juices, juice-containing drinks, punches, ades, bar mixers and iced teas, whether carbonated or non-carbonated. "Fountain Beverages" are those Beverages
that are dispensed from Fountain Beverage dispensers, pre-mix or frozen beverage dispensers, bubblers, or similar equipment. Coffee or tea that is fresh-brewed on the premises and milk is
not considered Fountain Beverages. The term "Fountain Syrup" means the Fountain Beverage syrup used to prepare Fountain Beverages, but does not include other forms of concentrate,
BreakMate® syrup, or syrup for frozen Beverages. "Frozen Beverages" are those frozen or any partially frozen Beverages that are dispensed from frozen Beverages dispensers and served in
frozen or partially frozen form. "Frozen Syrup" means the post-mix syrup used to prepare Frozen Beverages but does not include 

 

syrup for Frozen Beverages that is purchased from a full service supplier of Frozen Beverage to which CCF provides promotional funding. 

        MFOC
will serve in each Corporate Outlet a core brand set of Fountain Beverages that consists of Coca-Cola® classic, diet Coke® and
Sprite®, and the remaining products will be jointly selected by MFOC and CCF. All Fountain Beverages served in the Corporate Outlets will be CCF's brands, with the exception of dairy-based
Beverages, MFOC's proprietary lemonade and smoothies freshly made on the premises. Under no circumstances, however, may MFOC serve any Fountain Beverages PepsiCo, Inc. in
the Corporate Outlets. In addition, the parties acknowledge that there certain Participating System Outlets that have pre-existing competitive agreement(s) ("Pre-Existing
Competitive Agreement") with a competitive Beverage supplier to purchase "Freshens" smoothies (the "Affected Location"). In such Affected Locations and only during such time as the
Pre-Existing Competitive Agreement is in effect, MFOC's sale of Freshens smoothies at any Affected Location will not be considered a breach of this Agreement. Each Affected Location will
make available proprietary smoothies freshly made on the premises upon the termination or expiration of the Pre-Existing Competitive Agreement. All Frozen Beverages served in the Corporate
Outlets will be CCF's brands. 

        MFOC
further recognizes that the sale of competitive Beverages in bottles, cans, or other packaging would diminish the product availability rights given to CCF, and therefore also agrees
not to serve competitive Beverages in bottles, cans or other packaging in the Corporate Outlets. MFOC will cause the Franchised Outlets to comply with this Fountain Beverage Availability section. 

SYSTEM PROGRAM  

        The parties agree that all of the funding described in this Agreement will be paid to MFOC for the benefit of the entire Mrs. Fields Cookies, Great
American Cookies, TCBY, Original Cookie Company, PreztelTime, Pretzelmaker, and Hot Sams Pretzels system ("System") and in accordance with the provisions of this Agreement and the franchise agreements
between MFOC and its franchisees (the "Franchise Agreements"). MFOC represents and warrants that the terms of the Franchise Agreements authorize MFOC, among other things: (i) to establish those
products and materials to be used in the System; (ii) to require that each Franchisee sell or offer for sale only those products, foods, Beverages and other menu items that have been expressly
approved by MFOC; and (iii) to designate and approve marketing and advertising programs for the System. MFOC further represents and warrants that it is authorized to enter into this Agreement
and to collect the funds described in this Agreement. MFOC agrees to provide CCF with prompt written notice of any event that terminates its rights to fulfill any of the provisions of this Agreement
or that causes MFOC's right on behalf of the System as contemplated by this Agreement to become unenforceable during the Term. 

        MFOC
agrees that all funding it receives under this Agreement will be used as MFOC, in consultation with CCF, deems appropriate, to develop and implement activities designed to benefit
the entire System, and to increase the promotion and merchandising of CCF's Fountain Beverages and Juice Beverages throughout the System. MFOC agrees to provide all franchisees with written
notification, in a form approved by CCF, of the existence of this Agreement and the nature and purpose of the funding being provided by CCF under this Agreement. The parties agree that MFOC will
determine the timing and extent to which any funding paid by CCF will be distributed to individual franchisees (if ever), except that funding may not be paid to franchisees that do not comply with the
performance and Fountain Beverage availability requirements of this Agreement as determined by MFOC. MFOC agrees to hold CCF harmless from any and all claims or other costs and liabilities arising out
of CCF's payment of funding to MFOC or out of MFOC's failure to provide required disclosures to Franchisees. 

        MFOC
represents and warrants that the terms of its franchisee agreement or another agreement it has executed with its Franchisees authorize MFOC to collect from suppliers marketing or
promotional 

2

 

allowances made available in connection with the purchase of such suppliers' products by Franchisees ("the Authorization"). MFOC further represents and warrants that all of its Franchisees have
executed such Authorization and that the Authorization is in effect and enforceable at the time of this Agreement. Should the Authorization terminate as to one or more Franchisees, or the applicable
provisions become unenforceable during the Term, MFOC agrees to provide prompt written notice of same. MFOC agrees that all funding it receives on behalf of the Participating System will be utilized
by MFOC for the benefit of the Participating System, including specifically Participating Franchisees, and to increase the sale of CCF's Fountain Beverages throughout the Participating System. 

        Franchisees
participating in this Agreement are referred to as "Participating Franchisees." Outlets owned by Participating Franchisees are referred to as "Participating Franchised
Outlets." Participating Franchised Outlets and Corporate Outlets are collectively referred to as "Participating System Outlets" or the "Participating System." 

FOUNTAIN BEVERAGE VOLUME COMMITMENT  

        MFOC agrees that the Participating System Outlets will purchase [CONFIDENTIAL]* of CCF's
Fountain Syrups and Frozen Syrups during the Term. This Term Volume Commitment will be increased by CCF if MFOC or the Participating Franchisees acquire additional Corporate or Franchised Outlets to
which the Agreement will apply. Projected annual volume is currently [CONFIDENTIAL]*. In addition, MFOC will purchase a minimum
of [CONFIDENTIAL]* of bottle/can Beverages during the Term pursuant to an agreement between MFOC and Coca-Cola
Enterprises Inc. ("CCE") entered into contemporaneously with the execution of this Agreement. 

FOUNTAIN BEVERAGE MARKETING PROGRAM  

        In consideration of the Beverage Availability rights granted to CCF above, the following marketing programs will be provided to assist MFOC in maximizing the sale
of Fountain Beverages and Frozen Beverages in the Participating System Outlets: 

        Business Development Funds.    Within three (3) days of the execution of this Agreement, CCF will make a
one-time advance of Business Development Funds to MFOC in the amount of [CONFIDENTIAL]* (the "Advance"). The purpose
of the Advance is to develop a flavor shot program and a Dannon water program for the Participating System. In addition, the Advance will be used to expand the Mrs. Fields' Famous Brands
fruit-head smoothie program throughout the Participating System and to offset the costs of implementing and maintaining throughout the Term quality Fountain and Frozen Beverage programs in
the Participating System. 

        Marketing Funds.    After the Participating System Outlets have purchased  [CONFIDENTIAL]*
of CCF's Fountain Syrups and Frozen Syrups (the "Volume Threshold"), the Participating System Outlets will begin
to earn Marketing Funds calculated at the rate of [CONFIDENTIAL]* for each gallon of CCF's Fountain Syrups and Frozen Syrups the
Participating System Outlets purchase from that point forward until the end of the Term. The initial Volume Threshold of  [CONFIDENTIAL]* is established by adding the Business Development Funds and the
associated capital charge and dividing the sum
by [CONFIDENTIAL]*. The Volume Threshold will be adjusted down on an annual basis, for each Year completed as follows: Year Two  [CONFIDENTIAL]*; Year Three
[CONFIDENTIAL]*; Year Four  [CONFIDENTIAL]*; Year Five [CONFIDENTIAL]*; and Year Six  [CONFIDENTIAL]*. The Volume Threshold may be increased as provided in the following section. If there is an amount remaining on
the Volume Threshold upon the expiration of this Agreement, but MFOC has satisfied the Term of the Agreement by operating under this Agreement for the later of six (6) years or the fulfillment
of the Volume Commitment as described more specifically in the "Term" section, the parties acknowledge and agree that MFOC will not owe any funds to CCF based on the remaining Volume Threshold. To 

3

 

qualify for funding, each Participating System Outlet must comply with all the following performance criteria: 

	1.
	Maintain
throughout the Term a combo program featuring CCF's Fountain Beverages; and

	2.
	Prominently
feature approved renditions of CCF's trademarks and/or logos on combo merchandising materials and cups throughout the Term; and

	3.
	Utilize
throughout the Term a cup set consisting of the following sizes: twenty ounces (20 oz.), thirty-two ounces (32 oz.), and forty-four ounces (44 oz.); and

	4.
	Execute
a minimum of two (2) seasonal promotions each Year throughout the Term featuring CCF's Fountain Beverages; and

	5.
	Perform
those additional Fountain Beverage marketing activities the parties mutually agree upon. 

        Except
as provided in the following section, funding will be paid and received by MFOC semi-annually, by May 31st and November 30th
of the respective six-month time periods in which it is earned. 

 Advances of Marketing Funds.  

        So long as there are no defaults by MFOC under this Agreement, under MFOC's agreement with CCE, or under any of MFOC's agreements with its lenders, and so long as
there is no material adverse change in MFOC's financial condition, MFOC may request that CCF advance on a semi-annual basis beginning with the six-month period starting
May 1, 2003, based on the number of gallons of CCF's Fountain and Frozen Syrups CCF estimates that the Participating System will purchase during the advance period (the "Volume Estimates"). To
estimate the number of gallons, CCF will consider the number of gallons of Fountain and Frozen Syrups purchased by the Participating System in the prior six-month time period and adjust
that amount based on actual and anticipated outlet openings and closings and reconcile that amount for any overpayments or underpayments made in the prior six-month advance. For each such
advance payment of Marketing Funds, CCF will increase the Volume Threshold by the amount of the Volume Estimate. 

        On
a quarterly basis of each calendar year throughout the Term, MFOC will provide such financial information, including financial statements, letters that MFOC receives from lenders,
representations of MFOC officers, and representations that MFOC receives from auditors, as CCF reasonably requests to confirm that no defaults or material adverse changes have occurred. CCF shall have
thirty (30) days to assess this information and determine whether to advance Marketing Funds. 

        Consistent
with the provisions below under the heading "Termination", so long as MFOC is in compliance with the other material terms of this Agreement all advanced funding under this
Agreement (Business Development Funds and any advances of Marketing Funds) will be deemed earned at the rate of [CONFIDENTIAL]*
of CCF's Fountain and Frozen Syrups purchased by the Participating System during the Term, plus [CONFIDENTIAL]* per month for
each full month elapsed during the Term, plus [CONFIDENTIAL]* per case for each case of bottle/can Beverages purchased from CCE
during the Term, up to a maximum credit of [CONFIDENTIAL]*. 

FOUNTAIN BEVERAGE EQUIPMENT PROGRAM  

        Equipment.    CCF will lease to MFOC without charge during the Term, the equipment owned by CCF that is currently installed in
the Participating System Outlets. CCF will also lease to MFOC without charge during the Term the dispensing equipment necessary to enable MFOC to dispense a quality Fountain Beverage in the newly
opened or acquired Participating System Outlets. No ice makers or water filters will be provided. 

4

 

        The
equipment provided by CCF will at all times remain the property of CCF and is subject to the terms and conditions of CCF's standard lease agreement, but no lease payment will be
charged. The standard lease terms are attached as Exhibit "A" and are a part of the Agreement, except as specifically changed by the Agreement. 

SERVICE PROGRAM  

        MFOC may use CCF's Service Network without charge for up to [CONFIDENTIAL]* mechanical
repair service calls for post-mix Fountain Beverage dispensing equipment per Year for each Participating System Outlet. These calls are calculated on a per outlet basis and may not be
aggregated. Replacement parts associated with these service calls that are valued at no more than [CONFIDENTIAL]* will also be
provided without charge. In addition, CCF will provide initial installation of post-mix Fountain Beverage dispensing equipment at no cost. Any relocation or reinstallation of dispensing
equipment, flavor changes, or service necessitated by damage or adjustments to the equipment resulting from misuse, abuse, failure to follow operating instructions or service by unauthorized personnel
is not considered regular service and will not be provided free of charge. CCF will invoice MFOC or the individual Participating Franchisee for the actual unsubsidized cost of service calls (including
labor, necessary travel time and replacement parts) necessitated by any of the above and payment will be due upon receipt. In the event that any Participating System Outlet incurs service calls in
excess of those provided free of charge under this Agreement, MFOC or the individual Participating Franchisee will be invoiced for the actual cost of labor (including reasonable travel time) and parts
for such calls. Should the Participating System Outlet fail to pay any billed amount within thirty (30) days, CCF shall send a "Past Due Notice" to the Participating System Outlet with a copy
to MFOC. Should any such billed amount remain unpaid thirty (30) days after a "Past Due Notice" has been sent, CCF may deduct the billed amount from earned funding or any funding advanced. 

        CCF
will not be obligated to provide service hereunder during periods in which it is prevented from doing so by causes beyond Company's reasonable control, including, specifically,
strikes, civil disturbances and unavailability of parts. CCF shall be responsible for any direct damages resulting from its negligence but shall not be responsible for incidental or consequential
losses or damages arising from the delivery, installation, maintenance, operation, or use of parts or equipment. 

QUALITY ASSURANCE PROGRAM  

        The parties will mutually agree upon a Quality Assurance Program for the Participating System Outlets and MFOC will be responsible for the execution of the
program throughout the Term. Such program will maintain CCF's quality drink specifications, including a water to syrup ratio or 4.75:1 for sugar and allied Fountain Beverages and 5.25:1 for diet
Fountain Beverages and Mr. PiBB®, when dispensed, to compensate for ice dilution. 

JUICE BEVERAGE PROGRAM  

JUICE BEVERAGE AVAILABILITY  

        "Juice Beverages" means juice and juice drink products, including smoothie-type drinks. 

        MFOC
will serve in each Corporate Outlet a core brand set of Juice Beverages that consists of Minute Maid® Orange-Guava-Passionfruit and Orange-Strawberry-Banana (or such
substitute products that may become available) in frozen concentrate form for dispensing on the premises. All Juice Beverage served in the Corporate Outlets will be CCF's brands, with the exception of
MFOC's proprietary smoothies freshly made on the premises. 

        MFOC
further recognizes that the sale of competitive Juice Beverages in bottles, cans or other packaging would diminish the product availability rights given to CCF, and therefore also
agrees not to 

5

 

serve competitive Juice Beverages in bottles, cans or other packaging in the Corporate Outlets. MFOC will cause the Franchised Outlets to comply with this Juice Beverage Availability section. 

JUICE BEVERAGE VOLUME COMMITMENT  

        MFOC agrees that the Participating System Outlets will purchase [CONFIDENTIAL]* of frozen
concentrate of CCF's Juice Beverages during the Term. This Juice Beverage Volume Commitment will be increased by CCF if MFOC or the Participating Franchisees acquire additional Corporate or Franchised
Outlets to which the Agreement will apply. Projected annual volume is currently [CONFIDENTIAL]* of the frozen concentrates
listed on Schedule A. 

JUICE BEVERAGE PRICE  

        During the Term, the Participating System will have the right to purchase CCF's Juice Beverages through an authorized distributor of CCF's Juice Beverages at
CCF's then current published National Account Price List. These prices are subject to change from time to time in CCF's sole discretion to reflect changes applicable to all customers qualifying for
the National Account Price List. CCF's
current published National Account Price List for CCF's Juice Beverages is attached to this Agreement as Schedule "A" and is specifically incorporated
herein. 

JUICE BEVERAGE MARKETING PROGRAM  

        The following marketing programs will be provided to assist MFOC in maximizing the sale of Juice Beverages in the Participating System Outlets: 

        Investment Funds.    The amount of available funding is calculated at the following rates:
(i) [CONFIDENTIAL]* for all dispensed juices that the Participating System Outlets purchase in Years One and Two; and  [CONFIDENTIAL]* for all
dispensed juices that the Participating System Outlets purchase in Years Three through the end of the
Term. To qualify for funding, each Participating System Outlet must comply with all the following performance criteria: 

	1.
	Display
Smoothie menuboards; and

	2.
	Perform
those additional Juice Beverage marketing activities the parties mutually agree upon. 

        Funding
will be paid and received by MFOC semi-annually, by May 31stand November 30th of the respective six-month time
periods in which it is earned. 

        New Store Fund.    After the Participating System consists of 700 TCBY locations open and serving CCF's Juice Beverages, CCF
will reimburse MFOC a maximum amount of [CONFIDENTIAL]* for the cost of obtaining equipment for making smoothies. For
reimbursement, MFOC will provide CCF the address of the new Participating System Outlet and copies of the invoices for the equipment. CCF will reimburse MFOC the amount of the invoices submitted, to a
limit of [CONFIDENTIAL]*, at the end of each quarter. 

JUICE BEVERAGE EQUIPMENT PROGRAM  

        MFOC or the individual Participating Franchisee is responsible for purchasing all dispensing equipment for all Participating System Outlets. 

DANNON WATER PROGRAM  

        Dannon bottled water will be made available as follows: 

        Package Detail.    Dannon is available from CCF in the  [CONFIDENTIAL]*. The shelf life is
 [CONFIDENTIAL]* years. 

6

 

        Distribution.    Dannon will be delivered to distributors "FOB Distributors Dock." The distributor's markup to MFOC will be
determined between MFOC and CCF's authorized distributor. 

        Dannon Bottled Water Volume Commitment.    MFOC agrees that the Participating System Outlets will purchase  
[CONFIDENTIAL]* of Dannon bottled water during the Term. This Dannon Bottled Water Volume Commitment will be increased by CCF if
MFOC or the Participating Franchisees acquire additional Corporate or Franchised Outlets to which the Agreement will apply. Projected annual volume is currently  [CONFIDENTIAL]*. 

        Distributor List Price before Markup.    The price for calendar year 2003 is  [CONFIDENTIAL]* which is subject to change from time to time. 

        Marketing Allowances.    CCF will provide Marketing Allowances in the amount of  [CONFIDENTIAL]* of Dannon water that the Participating System Outlets purchase to assist the Participating System in maximizing
the sale of Dannon bottled water. To qualify for funding, each Participating System must comply with the following performance criteria: 

	1.
	Purchase
Dannon water through an authorized CCF distributor; and

	2.
	Feature
approved renditions of the Dannon logo and/or trademark in the Participating System Outlets; and

	3.
	Execute
those mutually agreed upon marketing programs designed to promote the sale of Dannon bottled water in the Participating System Outlets. 

        Funding
will be paid and received by MFOC semi-annually, by May 31stand November 30th of the respective six-month time
periods in which it is earned. 

        Ordering and Delivery Procedures.    Dannon will be ordered by distributors following standard Dannon ordering procedures and
delivered together with regularly scheduled post-mix syrup orders directly to the distributors. 

PRIOR AGREEMENTS  

        MFOC acknowledges that under the 1997 Agreement with CCF it received an advance of funding and that  [CONFIDENTIAL]* of that advance has
not been earned. This unearned amount will be deducted in two equal installments in Year One
from the Marketing Funds payable under the Agreement. 

        MFOC
further acknowledges that under the 2001 Juice Agreement with CCF it received an advance of funding and that  [CONFIDENTIAL]* of that advance has not been earned. This unearned amount will be earned by
MFOC at the rate of  [CONFIDENTIAL]* per Year during Years One and Two of the Term by virtue of MFOC's performance of its obligations under the
Agreement. 

TERMINATION  

        Once both parties sign the Agreement, it may be terminated before the scheduled expiration date only in the following circumstances: 

	(i)
	Either
party may terminate the Agreement if the other party fails to comply with a material term or condition of the Agreement and does not remedy the failure within ninety
(90) days after receiving written notice (the "Cure Period").

	(ii)
	CCF
may terminate the Agreement if there is a transfer or closing of a substantial number of the Participating System Outlets or a transfer of a substantial portion of the assets of
MFOC that is not in the ordinary course of business. 

7

 

        Upon
expiration or termination, MFOC must return any dispensing equipment owned by CCF. MFOC will pay the following at the time of expiration or termination: 

	•
	All
unearned prepaid funding. This amount will be calculated by adding together the  [CONFIDENTIAL]* in Business Development Funds plus all advances of Marketing Funds paid during the Term, less the
following
credits so long as MFOC is not in default under this Agreement.

	(a)
	A
credit of [CONFIDENTIAL]* for each case of bottle/can Beverages purchased from CCE, up to  [CONFIDENTIAL]* as contemplated under the heading, "Volume
Commitment" and

	(b)
	A
credit of [CONFIDENTIAL]* of CCF's Fountain Syrups and Frozen Syrups purchased by the Participating System
Outlets prior to termination or expiration; and

	(c)
	A
credit of [CONFIDENTIAL]* per month for each full month elapsed during the Term prior to expiration or
termination. 

	•
	The
unamortized portion of the cost of installation, and the entire cost of remanufacturing and removal of all equipment owned by CCF.

	•
	Interest
on the amounts due to CCF at the rate of [CONFIDENTIAL]*, accrued from the
date the unearned funds were paid or costs were incurred. 

        This
does not restrict the right of either party to pursue other remedies or damages if the other party breaches the terms of the Agreement. The prevailing party shall be entitled to all
costs and expenses incurred to collect damages due including without limitation reasonable attorneys' fees. Nothing herein shall be construed as a waiver of any right of CCF to prove consequential
damages as a result of a breach by MFOC including, but not limited to lost profits, and other damages allowable. 

DISPUTE RESOLUTION  

        Should there be a dispute between CCF and MFOC relating in any way to the Agreement, the breach of the Agreement, or the business relationship of the parties, the
parties agree that they will make a good faith effort to settle the dispute in an amicable manner. If the parties are unable to settle the dispute through direct discussions, at that time they will
attempt to settle the dispute by mediation administered by the American Arbitration Association (the "AAA"). If the parties do not agree to
pursue mediation or if that procedure is unsuccessful, the dispute will be resolved by binding arbitration administered by AAA in accordance with its Commercial Arbitration Rules using a single
arbitrator, at a location selected by AAA based on the convenience of the parties and the location of potential witnesses. The arbitrator shall have the authority to award specific performance and any
other appropriate remedies including interim injunctive relief to maintain the status quo pending the conclusion of arbitration. The prevailing party shall also be entitled to recover its reasonable
attorneys' fees and other costs and expenses of litigation. A judgment on the award of the arbitrator may be entered in any court with jurisdiction. 

TRANSFERS AND ASSIGNMENTS  

        If there is a transfer or closing of a substantial number of the Participating System Outlets, or a transfer of a substantial portion of the assets of MFOC that
is not in the ordinary course of business, and CCF does not elect to terminate the Agreement under the "Termination" section above, MFOC shall cause the acquiring, surviving or newly created
business to assume all of MFOC's obligations under the Agreement with regard to the acquired business. The Agreement shall not be otherwise assignable without the express written consent of CCF.
Nothing contained herein shall be construed as a waiver of CCF's termination rights pursuant to this Agreement. CCF's termination right as set forth 

8

 

in the "Termination" section shall constitute the sole basis of the parties' agreement relating to the rights of CCF in the event that the MFOC or any successor or assignee terminate this
Agreement pursuant to this "Transfers and Assignments" provision or otherwise. 

        If
MFOC transfers or closes any Corporate Outlets or terminates any Participating Franchisees, MFOC shall pay CCF the unamortized portion of the cost of installation, and the entire cost
of remanufacturing and removal of all equipment owned by CCF in such Participating System Outlet installed less than 36 months prior to the transfer or closure, unless MFOC causes the new owner
or operator at the location to assume the lease of the equipment on terms acceptable to CCF in its reasonable discretion. 

TRADEMARKS  

        Neither MFOC nor CCF shall make use of any of the other party's trademarks or logos without the prior written consent of that party, and all use of the other
party's trademarks shall inure to the benefit of trademark owner. For purposes of this Agreement, CCF's trademarks include trademarks owned, licensed to or controlled by an entity in which The
Coca-Cola Company has a fifty percent (50%) or more ownership interest. 

A. CONFIDENTIALITY  

        Neither party shall disclose to any third party without the prior written consent of the other party, any information concerning this Agreement or the
transactions contemplated hereby, except for disclosure to any employees, attorneys, accountants and consultants involved in assisting with the negotiation and closing of the contemplated
transactions, or unless such disclosure is required by law. A party that makes a permitted disclosure must obtain assurances from the party to whom disclosure is made that such party will keep
confidential the information disclosed. 

OFFSET  

        Upon the occurrence of any default by MFOC under this Agreement and during the continuation of any such default, CCF may apply any sum owed to MFOC in
satisfaction of any obligation of MFOC to CCF under this Agreement, or any other agreement between CCF and MFOC. 

FORCE MAJEURE  

        Either party is excused from performance under this Agreement if such nonperformance results from any act of God, strikes, war, riots, acts of governmental
authorities, shortage of raw materials or any other cause outside the reasonable control of the nonperforming party. Specifically, if a serious crop failure or other event occurs during the Term of
this Agreement which causes a significant increase in the cost of fruit solids, CCF has the right to negotiate with MFOC a new mutually agreed upon price for the Juice Beverages. If the parties are
unable to reach an agreement or price for the Juice Beverages, either party has the right to terminate this Agreement upon thirty (30) days written notice. 

WAIVER  

        The failure of either party to seek redress for the breach of, or to insist upon the strict performance of any term, clause or provision of the Agreement, shall
not constitute a waiver, unless the waiver is in writing and signed by the party waiving performance. 

9

 

AUTHORIZATION  

        MFOC and CCF each represent and warrant that they have the unrestricted right to enter into this Agreement and to make the commitments contained in this
Agreement. 

SEVERABILITY  

        If any term or provision of this Agreement is found to be void or contrary to law, such term or provision will be deemed severable, but only to the extent
necessary to bring this Agreement within the requirements of law, from the other terms and provisions hereof, and the remainder of this Agreement will be given effect as if the parties had not
included the severed term herein. 

[AGREEMENT IS CONTINUED ON FOLLOWING PAGE.]

10

 

ENTIRE AGREEMENT  

        As of the beginning of the Term, this Agreement will supersede all prior agreements between the parties relating to the subject matter of this Agreement,
specifically, the 1997 Agreement and the 2001 Juice Agreement. No supplement, modification, or amendment of this Agreement shall be binding unless executed in writing by all parties to this Agreement. 

        Accepted
and agreed to this 10 day of March, 2003 Accepted and agreed to this 7th day of March, 2003 

	 COCA-COLA FOUNTAIN, part of The Coca-Cola Company	 	MRS. FIELDS ORIGINAL COOKIES, INC.
	By:	 	/s/  DANIEL M. MANNING      
 Daniel M. Manning

West Group Vice President	 	By:	 	/s/  LARRY HODGES      
 Larry Hodges

President and CEO

2855 East Cottonwood Parkway, Suite 400

Salt Lake City, Utah 84121-0750

ACN Number: 1303198

11

   SCHEDULE A  

Product Information  

	UPC
 
	 	Pack/Size
	 	Type
	 	Description
	 	2003 National Price

	6468	 	6/64oz	 	Frozen	 	Minute Maid Orange-Guava-Passionfruit 5+1	 	$	53.22
	

6594	
 	

6/64oz	
 	

Frozen	
 	

Minute Maid Orange-Strawberry-Banana 5+1	
 	
$	

53.22

	•
	Prices
are FOB Dunedin, FL. Add platform upcharge for FOB Santa Fe Springs, CA.

	•
	Prices
do not include distributor freight or mark up. 

12

EXHIBIT "A"

COCA-COLA FOUNTAIN EQUIPMENT LEASE AGREEMENT  

        1.    LEASE AGREEMENT AND TERM. The Coca-Cola Company, through its Coca-Cola North America division,
("Company") hereby leases to the account identified on the attached Beverage Marketing Agreement ("Lessee") all fountain beverage dispensing equipment described on the attached Beverage Marketing
Agreement (the "Equipment"), subject to the terms and conditions set forth in this Lease Agreement. Unless otherwise agreed in writing, the Equipment shall include all permanent merchandising, menu
boards, lines, fittings, carbonators, regulators, valves, refrigeration units, and bag-in-box pumps and racks installed by Company on Lessee's premises. All Equipment is leased
for an initial period of one (1) year, commencing on the scheduled installation date (the "Commencement Date"), and will continue on a year to year basis thereafter without further notice. This
Lease Agreement may be terminated by either party on any annual anniversary of the Commencement Date by sending the other party notice of termination not less than thirty (30) days prior to the
end of the then-current year of the term. If this Lease is terminated for any reason prior to 60 months from the Commencement Date, other than a termination by Company pursuant to
this section, upon termination Lessee shall reimburse Company for the actual costs of installation and removal and the standard costs for refurbishing such Equipment incurred by Company. Following
notice of termination, the terms of this Lease will continue in effect until the Equipment has been removed from Lessee's premises. 

        2.    RENT FOR THE EQUIPMENT. Lessee shall pay to Company the amount set forth on the attached Beverage Marketing Agreement plus
all applicable sales and use taxes, if any, as rent for the Equipment. Rent will be due monthly. At Company's discretion, Company may utilize funds due Lessee to offset amounts due Company under this
Agreement. If Lessee fails to pay, within 10 days of its due date, rent or any other amount required by this Lease to be paid to Company, Lessee shall pay to Company a late charge equal to five
percent (5%) per month of such overdue payment, or such lesser amount that Company is entitled to receive under any applicable law. 

        3.    TITLE TO THE EQUIPMENT. Title to the Equipment is, and will at all times remain, vested in Company. Lessee will
have no right, title, or interest in or to the Equipment, except the right to quiet use of the Equipment in the ordinary course of its business as provided in this Lease. Lessee shall execute such
title documents, financing statements, fixture filings, certificates and such other instruments and documents as Company shall reasonably request to ensure to Company's satisfaction the protection of
Company's title to the Equipment and Company's interests and benefits under this Lease. Lessee shall not transfer, pledge, lease, sell, hypothecate, mortgage, assign or in any other way encumber or
dispose of any of the Equipment. THE PARTIES AGREE, AND LESSEE WARRANTS, THAT THE EQUIPMENT IS, AND WILL AT ALL TIMES REMAIN, PERSONAL PROPERTY OF COMPANY NOTWITHSTANDING THAT THE EQUIPMENT OR ANY
PART THEREOF MAY NOW BE, OR HEREAFTER BECOME, IN ANY MANNER AFFIXED OR ATTACHED TO, OR EMBEDDED IN, OR PERMANENTLY RESTING UPON, REAL PROPERTY OR IMPROVEMENTS ON REAL PROPERTY. Lessee may
perform ordinary maintenance and repairs to
the Equipment as required by this Lease, but shall not make any alterations, additions, or improvements to the Equipment without the prior written consent of Company. All parts added to the Equipment
through alterations, repairs, additions or improvements will constitute accessions to, and will be considered an item of the Equipment and title to such will immediately vest in Company. Lessee agrees
that Company may transfer or assign all or any part of Company's right, title and interest in or to any Equipment (in whole or in part) and this Lease, and any amounts due or to become due, to any
third party ("Assignee") for any reason. Upon receipt of written notice from Company of such assignment, Lessee shall perform all its obligations with respect to any such Equipment for the benefit of
the applicable Assignee, and, if so directed, shall pay all amounts due or to become due hereunder directly to the applicable Assignee or to any other party designated by such Assignee. 

        4.    USE OF EQUIPMENT. Lessee acknowledges that the rent set forth herein does not fully compensate Company for its expenses
concerning its research and development efforts designed to improve fountain equipment or in providing the Equipment to Lessee, and that Company provides the 

Equipment to Lessee for the purpose of dispensing Company products. Therefore, Lessee agrees that if the Equipment is a fountain beverage dispenser, then the Equipment will be used for the purpose of
dispensing fountain beverage products of Company, such as Coca-Cola® classic (or Coke®), diet Coke® and Sprite®, with the understanding
that, if the dispenser has four (4) or more valves, one (1) valve may be used at Lessee's option for dispensing a non-Company, non-cola fountain beverage product;
provided, that no product of PepsiCo, Inc. or of an affiliate thereof may be dispensed. In accordance with Company's Fair Share Policy, Company will have the right to additional rent if any
valve is used for a non-Company beverage (including water), at a rate of not less than $45 per dispenser per year. If the Equipment is a pump for bag-in-box or
similar container, such pump may be used only to dispense Company products. If the Equipment is other than a fountain beverage dispenser or a pump, then it will be used only in a location where
fountain beverage products of Company are served and where no fountain beverage products of PepsiCo, Inc. or an affiliate of PepsiCo, Inc. are served. This Section 4 shall not
apply within the State of Wisconsin. 

        5.    INSPECTION AND NOTIFICATION. Company shall have the right during Lessee's regular business hours to inspect the
Equipment at Lessee's premises or wherever the Equipment may be located and to review all records that relate to the Equipment. Lessee shall promptly notify Company of all details arising out of any
change in location of the Equipment, any alleged encumbrances thereon or any accident allegedly resulting from the use or operation thereof. 

        6.    WARRANTY DISCLAIMER: LESSEE ACKNOWLEDGES THAT COMPANY IS NOT A MANUFACTURER OF THE EQUIPMENT AND THAT COMPANY HAS MADE NO
REPRESENTATIONS OF ANY NATURE WHATSOEVER PERTAINING TO THE EQUIPMENT OR ITS PERFORMANCE, WHETHER EXPRESS OR IMPLIED, INCLUDING (WITHOUT LIMITATION) ANY IMPLIED WARRANTIES OF MERCHANTABILITY OR FITNESS
FOR A PARTICULAR PURPOSE, OR ANY OTHER WARRANTIES RELATING TO THE DESIGN, CONDITION, QUALITY, CAPACITY, MATERIAL OR WORKMANSHIP OF THE EQUIPMENT OR ITS PERFORMANCE, OR ANY WARRANTY AGAINST
INTERFERENCE OR INFRINGEMENT, OR ANY WARRANTY WITH RESPECT TO PATENT RIGHTS, IF ANY, PERTAINING TO THE EQUIPMENT. COMPANY SHALL NOT BE RESPONSIBLE FOR ANY LOSS OF PROFITS, ANY DIRECT, INCIDENTAL OR
CONSEQUENTIAL LOSSES, OR
DAMAGES OF ANY NATURE WHATSOEVER, RESULTING FROM THE DELIVERY, INSTALLATION, MAINTENANCE, OPERATIONS, SERVICE OR USE OF ANY EQUIPMENT OR OTHERWISE. 

        7.    TAXES. Lessee shall pay all assessments, license fees, taxes (including sales, use, excise, personal property, ad valorem,
stamp, documentary and other taxes) and all other governmental charges, fees, fines or penalties whatsoever, whether payable by Company or Lessee, on or relating to the Equipment or the use,
registration, rental, shipment, transportation, delivery, or operation thereof, and on or relating to this Lease. 

        8.    MAINTENANCE AND REPAIRS. If Lessee elects to use one valve to dispense a non-Company beverage pursuant to
Section 4, Company may charge for its costs of servicing such valve in accordance with Company's Fair Share Policy at a rate of not less than $25 per outlet per year. Lessee shall, at its
expense, keep the Equipment in good condition, repair, and working order. Lessee shall pay all costs incurred in connection with the shipment, use, operation, ownership, or possession of the Equipment
during the term of this Lease. Lessee's sole recourse against Company with respect to service provided by Company or its agents to the Equipment is that Company will correct any defective workmanship
at no additional charge to Lessee, provided that Company is given prompt notification of any defective workmanship. Company shall not be otherwise liable for negligent acts or omissions committed in
regard to maintenance or repair of the Equipment and assumes no responsibility for incidental, consequential or special damages occasioned by such negligent acts or omissions. 

        9.    RISK OF LOSS. All risk of loss, including damage, theft or destruction, to each item of Equipment will be borne by Lessee.
No such loss, damage, theft or destruction of Equipment, in whole 

or in part, will impair the obligations of Lessee under this Lease, all of which will continue in full force and effect. 

        10.  INDEMNITY. Lessee shall indemnify Company and Company's officers, agents, employees, directors, shareholders, affiliates,
successors, and assigns (hereinafter the "Indemnified Parties") against, and hold Indemnified Parties wholly harmless from, any and all claims, actions, suits, proceedings, demands, damages, and
liabilities of whatever nature, and all costs and expenses, including without limitation Company's reasonable attorneys' fees and expenses, relating to or in any way arising out of (a) the
ordering, delivery, rejection, installation, purchase, leasing, maintenance, possession, use, operation, control or disposition of the Equipment or any portion thereof; (b) any act or omission
of Lessee, including but not limited to any loss or damage to or sustained by Company arising out of Lessee's failure to comply with all the terms and conditions of this Lease; (c) any claims
for liability in tort with respect to the Equipment, excepting only to the degree such claims are the result of Company's negligent or willful acts. The provisions of this Section 10 will
survive termination and expiration of this Lease. 

        11.  DEFAULT. The occurrence of any of the following will constitute a "Default" by Lessee: (a) nonpayment by Lessee
when due of any amount due and payable under this Lease; (b) failure of Lessee to comply with any provision of this Lease, and failure of Lessee to remedy, cure, or remove such failure within
ten (10) days after receipt of written notice thereof from Company; (c) any statement, representation, or warrant of Lessee to Company, at any time, that is untrue as of the date made;
(d) Lessee's becoming insolvent or unable to pay its debts as they mature, or Lessee making an assignment for the benefit of creditors, or any proceeding, whether voluntary or involuntary,
being instituted by or against Lessee alleging that Lessee is insolvent or unable to pay its debts as they mature; (e) appointment of a receiver, liquidator, trustee, custodian or other similar
official for any of the Equipment or for any property in which Lessee has an interest; (f) seizure of any of the Equipment; (g) default by Lessee under the terms of any note, document,
agreement or instrument evidencing an obligation of Lessee to Company or to any affiliate of Company, whether now existing or hereafter arising; (h) Lessee taking any action with respect to the
liquidation, dissolution, winding up or otherwise discontinuing the conduct of its business; (i) Lessee transferring all or substantially all of its assets to a third party; or (j) the
transfer, conveyance, assignment or pledge of a controlling interest or ownership of Lessee to a third party without Company's prior written consent. 

        12.  OPTION TO ACCELERATE AT WILL. If at any time Company in good faith believes that the prospect for Lessee's payment or
other performance under this Lease is impaired, Company may demand immediate payment of all rents due and scheduled to come due during the remainder of the Lease term. All future rent accelerated
under this or any other provision of this Agreement will be discounted to present value, which will be computed at a discount rate of five (5) percent. Failure of Lessee to make full payment
within thirty (30) days of its receipt of the demand for accelerated rent will constitute a "Default" by Lessee as defined in Section 11. 

        13.  REMEDIES. Upon the occurrence of any Default or at any time thereafter, Company may terminate this Lease as to any or all
items of Equipment, may enter Lessee's premises and retake possession of the Equipment at Lessee's expense, and will have all other remedies at law or in equity for breach of the Lease. Lessee
acknowledges that in the event of a breach of Sections 4 or 5 or a failure or refusal of Lessee to relinquish possession of the Equipment in breach of this section following termination or
Default, Company's damages would be difficult or impossible to ascertain, and Lessee therefore agrees that Company will have the right to an injunction in any court of competent jurisdiction
restraining said breach and granting Company the right to immediate possession of the Equipment. 

        14.  LIQUIDATED DAMAGES. If Lessee acts in violation of the prohibitions described in Section 3 of this Agreement, or
is unable or unwilling to return the Equipment to Company in good working order, normal usage wear and tear excepted, at the expiration or termination of the Lease, Lessee shall pay as liquidated
damages the total of: (i) the amount of past-due lease payments, discounted accelerated future lease payments, and the value of Company's residual interest in the 

Equipment, plus (ii) all tax indemnities associated with the Equipment to which Company would have been entitled if Lessee had fully performed this Lease, plus (iii) costs, interest,
and attorneys' fees incurred by Company due to Lessee's violation of Section 3 or its failure to return the Equipment to Company, minus (iv) any proceeds or offset from the release or
sale of the Equipment by Company. 

        15.  OTHER TERMS. No failure by Company to exercise and no delay in exercising any of Company's rights hereunder will operate
as a waiver thereof; nor shall any single or partial exercise of any right hereunder preclude any other or further exercise thereof or of any other rights. This Lease constitutes the entire agreement
of the parties and supersedes all prior oral and written agreements between the parties governing the subject matter of this Lease; provided, however, that if Company and Lessee have entered into a
Marketing Agreement into which this Lease is incorporated, to the extent that any of the terms in this Lease conflict with the terms set forth in the Marketing Agreement, the terms of the Marketing
Agreement will control. No agreement will be effective to amend this Lease unless such agreement is in writing and signed by the party to be charged thereby. Any notices permitted or required by this
Lease will be in writing and mailed by certified mail or hand delivered, addressed to the respective addresses of the parties. All claims, actions or suits arising out of the Lease shall be litigated
in courts in either the State of Georgia or in the state of Lessee's principal place of business. Each party hereby consents to the jurisdiction of any local, state or federal court located within the
State of Georgia and/or the state of Lessee's principal place of business, and designates the Secretary of State of the State as its agent for service of process. THIS LEASE WILL BE GOVERNED BY THE
LAWS OF THE STATE OF GEORGIA. Time is of the essence to each and all of the provisions of this Lease. 

QuickLinks

Exhibit 10.58

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