Document:

Exhibit 10.13

                               SECURITY AGREEMENT
                               ------------------

     THIS  AGREEMENT  is  made  this  2nd  day of December, 2002, by and between
HUDSON  UNITED  BANK, SHOPPERS CHARGE ACCOUNTS CO. division, having an office at
1000  MacArthur  Boulevard,  Mahwah, New Jersey 07430 ("Shoppers"), and COLORADO
PRIME  CORPORATION,  a  Delaware  corporation  ("CPC"),  and  CONCORD  FINANCIAL
SERVICES, INC., a New York corporation ("CFSI" and, together with CPC, "Colorado
Prime"),  with  their  chief executive offices at 500 Bi-County Boulevard, Suite
400,  Farmingdale,  New  York  11735.

                                    RECITALS
                                    --------

     WHEREAS,  Shoppers  is  in  the  business  of  providing  customized credit
programs  to retailers and their customers, and in connection therewith finances
sales to such customers evidenced by sales slips documenting purchases from such
retailers;

     WHEREAS  ,  Colorado Prime is in the business of conducting direct sales of
food  products  ("Food") and appliances and other entertainment-related products
("Appliances") through various channels, including telemarketing and home shows;

     WHEREAS,  Colorado  Prime  desires  Shoppers  to make available to Colorado
Prime  and  its  customers  a  customized  credit  program  (the "Program"), and
Shoppers  desires  to  make  available  the  Program;

     WHEREAS,  Shoppers  has  entered  into  a  Purchase and Sale Agreement with
Colorado  Prime,  dated as of December 2, 2002 (the "Purchase Agreement") and is
entering  into  certain  additional agreements with Colorado Prime at this time;

     WHEREAS,  capitalized  terms  used  herein  and  not  otherwise defined are
defined  in  the  Purchase  Agreement;

     WHEREAS,  Shoppers  is  purchasing  from  Colorado Prime under the Purchase
Agreement  the  Purchased  Accounts  and  related  Acquired  Assets, but not the
Excluded  Accounts;

     WHEREAS,  it  is  intended  on  a  going  forward  basis that Shoppers will
originate  for  itself  certain credit accounts for Colorado Prime customers who
have  FICO  scores  of  650  or  more  and meet additional underwriting criteria
established  by  Shoppers  (the  "New  Shoppers  Accounts");

     WHEREAS, it is intended that the account terms of the New Shoppers Accounts
and  the  Purchased  Accounts  (collectively,  the  "Shoppers Accounts") will be
identical;

     WHEREAS, through a date no later than February 28,2002 or such earlier date
as  the  parties  may  mutually  agree (the "Servicing Transfer Date"), Colorado
Prime  will service the Shoppers Accounts under the Interim Servicing Agreement,
dated  as  of December 2,2002 (the "Interim Servicing Agreement") and, after the
Servicing  Transfer  Date,  Shoppers  will  service  the  Shoppers Accounts; and

     WHEREAS, the parties wish to provide herein for certain operational details
of  the  Program;

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<PAGE>

     NOW,  THEREFORE,  in  consideration  of  the covenants herein contained and
intending  to  be  legally  bound,  the  parties  hereby  agree  as  follows:

                                    AGREEMENT
                                    ---------

1.     The  Program;  Shoppers'  Servicing  Obligations.
       -------------------------------------------------

     (a)  Shoppers  will provide the Program to Colorado Prime and its customers
in  order  to  finance  purchases of Food and Appliances from Colorado Prime. In
connection  therewith,  at  Shopper's  own  cost  and  expense:

     (i)  Shoppers  shall  make  Shoppers  Accounts  available  to  qualifying
customers  of  Colorado  Prime.  The  terms  of  such Shoppers Accounts shall be
substantially  similar  to  the  terms  of  the  Accounts as of the date hereof,
provided  that,  after  the  Servicing  Transfer  Date,  in  connection with the
Shoppers Accounts, Shoppers may: (A) charge borrowers a late charge of up to $29
for  any  required  payments  that are not received by the payment due date; (B)
charge  borrowers finance charges on Appliance purchases that are made after the
Servicing  Transfer  Date at a variable rate 14.99% over the prime rate, subject
to  a  minimum annual percentage rate of 21%; (C) charge borrowers a retroactive
finance  charge  on  Food purchases made after the Servicing Transfer Date, at a
variable rate 14.99% over the prime rate, subject to a minimum annual percentage
rate  of  21%, in the event that the borrower fails to pay the purchase price of
the  Food  purchase  in  full  within  six  months after the posting date of the
purchase; (D) require minimum monthly payments each month on Appliance purchases
equal  to 2.5% of the portion of the new balance attributable to such purchases;
(E) adopt such other provisions, including provisions for promotional offerings,
as  Shoppers  and Colorado Prime shall mutually agree, neither party's agreement
to  be  unreasonably withheld. The form, content and mode of distribution of any
change  in  terms  notices  and  Credit Agreements relating to Shoppers Accounts
shall  be  subject  to  Seller's consent, which consent will not be unreasonably
withheld.

     (ii) Shoppers shall provide to Colorado Prime application materials in such
amounts  as  are necessary to operate the Program. Application forms shall be in
form  and  substance  reasonably  acceptable  to  Colorado  Prime.

     (iii)  Shoppers  shall  make  all  credit  analyses and determinations with
respect to credit applications for Shoppers Accounts. Shoppers shall approve for
New  Shoppers  Accounts  all applications from Colorado Prime customers who have
FICO  scores  of  650  or  higher  and  meet  additional  underwriting  criteria
established  by  Shoppers,  subject  to  change  from  time  to time at the sole
discretion  of  Shoppers.

     (iv)  In  conformity with prevailing industry standards and the standard of
care  it applies generally in servicing its own accounts, Shoppers shall service
and  collect  the  Shoppers
Accounts.

     (v) Shoppers shall take all actions necessary or appropriate to assure that
all  aspects  of  the Program, including, without limitation, application forms,
change  in  terms  notices, account agreements, billing statements and servicing
and  collection  procedures,  are  in  compliance  with  all  applicable

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laws, rules and regulations, including, without limitation, the federal Consumer
Credit  Protection  Act; the federal Fair Credit Billing Act; applicable federal
and  state  usury  laws;  and  regulations  under  such  statutes.

     (vi)  Shoppers  shall  provide Colorado Prime with reports reflecting as to
each  Shoppers  Account,  the account number, account holder(s) name(s), account
balance  and  any  delinquency  in  payments,  as well as any additional reports
reasonably  requested  by  Colorado  Prime. All such reports will be in a format
reasonably  acceptable  to  Colorado  Prime.

     (b)  Except  as otherwise agreed in writing by Shoppers and Colorado Prime,
Shoppers  shall  not  sell  or  make  available  to  third  parties  information
concerning  the  Shoppers  Accounts  and/or Colorado Prime's customers. However,
Shoppers  may  provide  to  third  parties  such  information  as  is reasonably
necessary  for  Shoppers  to  efficiently  operate  and  administer the Program,
including,  but  not  limited  to,  the  option  to  purchase payment protection
insurance. Without limiting the generality of the foregoing, Shoppers may submit
account  holder names, addresses, balances and transaction information to credit
bureaus  and  for  collection  purposes.

     (c)  Shoppers  agrees  that  it  shall administer the Shoppers Accounts and
related  receivables  (the  "Receivables"), and perform all services relating to
the  Program,  in conformity with prevailing industry standards and the standard
of  care  it  applies  in  servicing  its  own  accounts  generally.

2.     Shoppers  Financing  of  Colorado  Prime  Food  and  Appliance  Sales.
       ----------------------------------------------------------------------

     (a)  Subject  to the credit limits and underwriting criteria established by
Shoppers  for the Shoppers Accounts, Shoppers agrees to finance Colorado Prime's
sales of Food and Appliances under Shoppers Accounts upon electronic or physical
receipt  from  Colorado  Prime  of  invoices  therefore.  For each Food purchase
financed  under  a  Shoppers Account, Shoppers shall pay Colorado Prime 96.5% of
Colorado  Prime's  retail  charge  for the Food, and for each Appliance purchase
financed  under  a Shoppers Account, Shoppers shall pay Colorado Prime 98.25% of
Colorado  Prime's  retail  charge  for  the  Appliance.  Payment  by Shoppers to
Colorado  Prime  shall  be  made electronically via the Automated Clearing House
("ACH")  to Colorado Prime's designated account on a daily basis, Monday through
Friday, except for legal holidays when the ACH system is not operating, in which
case  payment  will  be made on the next business day following the holiday. For
each  sale  of  Food  or  Appliances financed under a Shoppers Account, Colorado
Prime  represents  and  warrants  that:  (i)  the  sale will be of delivered and
merchantable  goods; (ii) the balances, including shipping and handling charges,
applicable  taxes  and  other  fees  imposed  by Colorado Prime will be true and
correct;  (III)  there  will  not  be  any  valid  defenses,  credits, set-offs,
deductions  or counterclaims of which Colorado Prime is aware or should be aware
of,  assertable  now  or  in  the future against the same, by account holders or
third  parties; (iv) immediately prior to the sale, Colorado Prime will own such
Food  or  Appliances,  free  and  clear of any liens (except any liens under the
Amended  Credit  Agreement  which  will  be  released  by virtue of the sale, as
confirmed  and  evidenced  by  that  certain Intercreditor Agreement dated as of
December  2,2002  among  the  parties hereto and Dresdner Bank, AG, New York and
Grand  Cayman  Branches, Administrative Agent for the Lenders who are parties to
the  Amended  Credit  Agreement); and (v) the resulting Receivables are genuine,
valid  and  subsisting  and  are  free  and clear of all liens and encumbrances.

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<PAGE>

     (b)  It  is  understood  that  Shoppers  will  be the owner of all Shoppers
Accounts  and  related  Receivables  and,  if  its ownership is ever called into
question,  has a security interest in the same, which security interest Colorado
Prime  hereby grants to Shoppers. Colorado Prime agrees to maintain for a period
of three (3) years electronic files containing details of all sales transactions
which  are  financed  under  Shoppers  Accounts  and  transmitted  to  Shoppers
electronically.  Colorado Prime agrees to permit a representative of Shoppers to
audit  such  records  of  sales  slips during business hours and at such time as
shall  be  mutually  convenient  for all parties. Colorado Prime further agrees,
either  as  a result of a request made by Shoppers or a request directly made by
the  holder  of  a  Shoppers  Account,  that  Colorado  Prime  will provide such
information regarding prior sales as may be required in order to comply with The
Fair  Credit  Billing  Act.

     (c)  It  is understood that this Agreement covers future advances and after
acquired  property  as  regards  Shoppers  Accounts and related Receivables, and
Shoppers,  as  the  Secured  Party  under  this Agreement, has the right to make
future  advances  which  will  be  secured  under this Agreement and any Uniform
Commercial  Code  filings  made  in  accordance  with  this  Agreement.

     3.  Non-Recourse  Financing.  Shoppers agrees that it will bear any and all
         ------------------------
losses  sustained  on  Shoppers  Accounts and will not have any recourse against
Colorado  Prime, provided that Shoppers may require Colorado Prime to repurchase
any  Receivables  generated  under  Shoppers  Accounts which Shoppers reasonably
deems  to  be  uncollectible  as  a  result  of  unresolved customer disputes or
improper sales floor procedures ("Repurchase Receivables"). Colorado Prime shall
be  fully  responsible  for  repurchasing  Repurchase Receivables upon Shoppers'
request  pursuant  to  Paragraph  4  hereof.

     4.  Repurchase of Certain Uncollectible Receivables. Shoppers may determine
         ------------------------------------------------
that  Receivables  under  Shoppers  Accounts  should be classified as Repurchase
Receivables,  at  any  time at or prior to the time such Receivables are charged
off,  when  Shoppers,  in  its  reasonable  opinion,  deems that such account is
uncollectible  as  a  result  of  unresolved customer disputes or improper sales
floor  procedures.  Upon  appropriate  notice from Shoppers that Receivables are
Repurchase  Receivables,  Colorado Prime shall repay Shoppers the purchase price
of  such  Repurchase  Receivables plus all added fees including, but not limited
to, finance charges, late fees, NSF fees and the like, less any amounts received
by  Shoppers on account of such Repurchase Receivables, and shall thereafter own
such  Repurchase  Receivables.

     5.  Payments for Repurchase Receivables. Payment to Shoppers for Repurchase
         ------------------------------------
Receivables  pursuant  to  Paragraphs  3  and 4 hereof shall be made by Shoppers
off-setting  amounts  it otherwise owes to Colorado Prime. Any balance which may
be  due  and  owing  to Shoppers after such off-set shall be payable by Colorado
Prime  within  ten  (10)  days  from  the  date  of  notification.

     6.  Shoppers  Authority  regarding  Repurchase  Receivables.  In  the event
         --------------------------------------------------------
Colorado  Prime fails to make prompt payment pursuant to the demand of Shoppers,
as  provided  herein,  on account of Repurchase Receivables, Shoppers shall have
the  right  to litigate, extend the time of payment, compromise or settle any of
the  Repurchase  Receivables. Any such action by Shoppers shall not be deemed to
be  a  waiver  of  any  rights  of  Shoppers  against  Colorado  Prime.

     7.  Reserves.
         ---------

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<PAGE>

     (a)  Shoppers  shall  deduct  from  the  Purchase  Price under the Purchase
Agreement  to  fund a reserve (the "Temporary Reserve") 5.5% of the total amount
of all Account Receivables on the Purchased Accounts, including accrued interest
and  charges, whether or not posted, and Shoppers shall deduct from the Purchase
Price  under the Purchase Agreement an additional 3.0% of such amount to provide
the  initial funding for an additional reserve (the "Ongoing Reserve"). Finally,
Shoppers  shall  deduct  0.5% of all on-going sales under Paragraph 2 to provide
additional  funding  for  the Ongoing Reserve. Shoppers shall hold the Temporary
Reserve  and  the Ongoing Reserve (together, the "Reserves") in escrow and shall
invest  the  Reserves  as  the  parties may direct in writing from time to time.

     (b)  On  a quarterly basis, Shoppers shall reconcile the Ongoing Reserve to
an  amount  equal  to 3% of the outstanding Receivables on Shoppers Accounts. In
the  event  there  is  an  overage  in  the  Ongoing  Reserve  at  the  point of
reconciliation,  Shoppers  will  return  the  overage  to  Colorado Prime, after
deducting  any  sum  that  may  be due Shoppers from the Ongoing Reserve. In the
event  there is a deficit in the Ongoing Reserve at the point of reconciliation,
Colorado  Prime  shall  remit the amount of said deficit to Shoppers immediately
upon  notification  fiom  Shoppers.

     (c)  Within  ninety (90) days after each of June 30,2003, December 31,2003,
June  30,  2004  and  December  31,  2004, Shoppers will review Colorado Prime's
financial  statements  for  the period commencing January 1 , 2003 and ending on
such  respective dates. If for any such period, the statements show positive net
income  greater than or equal to 1% of net sales excluding finance income, after
extraordinary  expenses  and  dividends  paid,  Shoppers shall withdraw from the
Temporary  Reserve  and  return  to Colorado Prime an amount equal to 25% of the
total  deposits  made  to  the Temporary Reserve hereunder. Subject to Paragraph
7(e)  herein,  if  this Agreement remains in force and any amounts remain in the
Temporary  Reserve  on  November  30,  2005,  and if on November 30, 2005 or any
calendar  month-end  thereafter Colorado Prime's net worth, adjusted upwards, if
necessary,  to  reverse any loss on the bulk sale of Colorado Prime Accounts (as
defined in the Final Servicing Agreement of even date herewith), exceeds the sum
of:  (i)  Colorado  Prime's  net worth as of January 1, 2003; plus (2) 1% of net
sales  excluding  finance  income  through  the date in question, Shoppers shall
return  to  Colorado  Prime any such amounts remaining in the Temporary Reserve.

     (d)  Subject  to  Paragraph 7(e) herein, upon termination of this Agreement
and  satisfaction  of  any  Colorado  Prime  obligations under Paragraph 15 with
respect to such termination, Shoppers shall return to Colorado Prime the Ongoing
Reserves  balance  once  the  balance  of the Ongoing Reserves exceeds the total
Receivables  or  once  six  months  have  elapsed  from  the termination of this
Agreement,  whichever  is  sooner.

     (e)  If  Colorado Prime ceases operations during the term of this Agreement
or  any  renewal  thereof, except pursuant to a transaction where its operations
are  continued  by another party, any outstanding Reserves shall be paid over to
Shoppers,  unless  Colorado  Prime  has  repurchased  all  outstanding  Shoppers
Accounts  pursuant  to  Paragraph  15.

     8.  Shoppers Right of Set-off. Colorado Prime hereby grants to Shoppers the
         --------------------------
right  of  set- off, and Shoppers may apply any monies due and owing to Colorado
Prime,  or  any  monies  in  Shoppers'  possession  belonging to Colorado Prime,
against  monies  which  become  due and owing to Shoppers pursuant to any of the
provisions  of  this  Agreement.

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<PAGE>

     9.  Handling  of  Customer  Payments.
         ---------------------------------

     (a)  In  connection  with  the  Program, Shoppers will send monthly billing
statements  to  the  account  holder,  which statements will contain an envelope
addressed  to  a  Shoppers'  lockbox.  However, in the event that Colorado Prime
receives  any  payments  on  Shoppers  Accounts,  it  will promptly forward such
payments  to  Shoppers  in  the  form  received  (or  by check covering multiple
payments), or it shall electronically advise Shoppers of the receipt thereof. If
a  notification  of payments is transmitted electronically to Shoppers, Shoppers
shall  deduct  the  total  amount  of said payments from monies owed to Colorado
Prime.  In  the event that the total amount of said payments exceeds monies owed
to  Colorado  Prime,  then,  in  that case, Colorado Prime shall make payment to
Shoppers  within  two (2) business days after notification that such a situation
exists. Even if a Shoppers Account holder's payment check is made payable to the
order of Colorado Prime, Colorado Prime acknowledges that the payment represents
express  trust  funds  belonging  to  Shoppers.

     (b)  Colorado  Prime  irrevocably  constitutes and appoints Shoppers as its
attorney- in-fact to endorse the name of Colorado Prime on any payments received
by  Shoppers  on  Shoppers  Accounts.  In  the  event  that there are filings on
Colorado  Prime's  behalf  of  any  forms  and documents required by the Uniform
Commercial  Code,  Colorado  Prime  agrees  that  it  will  sign  said forms and
documents  on  a timely basis, or will instead allow Shoppers to sign said forms
and  documents  on  its  behalf.

     10.  Returns. Colorado Prime may, in its sole discretion, accept returns of
Food  and/or  Appliances  financed  under  a  Shoppers  Account  (but  is  under
absolutely  no  obligation to accept such returns and/or to attempt repossession
of  Food  and/or Appliances sold to customers who subsequently become delinquent
on  their  Shoppers  Accounts) and shall advise Shoppers within forty-eight (48)
hours  of  receiving  confirmation  of any such return. Thereupon, Shoppers will
credit the appropriate Shoppers Account for the charge imposed for such returned
Food and/or Appliances. Shoppers may deduct the amount paid to Colorado Prime on
account  of  such returned Food and/or Appliances from other monies, if any, due
Colorado Prime. If there are no monies due from Shoppers to Colorado Prime, then
in  that  event  Colorado  Prime  shall forthwith upon notice pay such amount to
Shoppers.  Colorado  Prime  acknowledges that it does not have the right to make
any adjustments to Shoppers Accounts and Receivables with respect to any fees or
charges  imposed  by  Shoppers.

     11. Restrictions on Competing Financing. Colorado Prime agrees that it will
         ------------------------------------
not  provide  or arrange for any financing to sell its Food and/or Appliances if
its  customer  would  qualify  for  a Shoppers Account. This Paragraph shall not
preclude  Colorado  Prime  from making available Colorado Prime Accounts or from
accepting  credit  plans  that  can  be used for purchases from a broad range of
merchants,  such  as,  but  not  limited to, Visa, MasterCard, American Express,
Diners  Club,  Carte  Blanche  and  Discover  Card.

     12.  Submission  of  Financial Statements. Each party agrees to provide the
          -------------------------------------
other  party  with  copies  of its annual financial statements or annual reports
within  one  hundred-twenty  (120)  days  after  each  fiscal  year  end.

     13.  Default.
          --------

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     (a)  Colorado  Prime  shall  be  in  default under this Agreement if: (a) a
petition  in  bankruptcy  is  filed  by  or  against  Colorado  Prime and is not
dismissed  within sixty (60) days; (b) Colorado Prime makes or offers to make an
assignment  or  compromise  for the benefit of its creditors; (c) Colorado Prime
ceases  to  do  business  as  a going concern (unless cessation is the result of
Colorado  Prime  being  acquired  by  another entity that will be continuing the
business); (d) a receiver or trustee of Colorado Prime's assets is appointed; or
(e)  Colorado  Prime materially breaches any obligation under this Agreement and
fails  to  cure  such  breach within fifteen (15) days after written notice from
Shoppers  specifying  the  nature  of  such breach, or if said breach is of such
nature  that  cannot  be cured within fifteen (15) days, Colorado Prime fails to
commence  actions  and  diligently  work  toward  effecting  a cure to Shoppers'
reasonable  satisfaction.

     (b) Shoppers shall be in default under this Agreement if: (a) a receiver or
conservator  is  appointed for Shoppers; (b) Shoppers ceases to do business as a
going  concern  (unless  cessation  is  the result of Shoppers being acquired by
another  entity that will be continuing the business); (c) Shoppers modifies its
underwriting criteria for the Shoppers Accounts without Colorado Prime's written
consent  in  a  manner  that materially impairs the ability of Colorado Prime to
effect  sales of Food and/or Appliances; or (d) Shoppers materially breaches any
obligation  under  this  Agreement  and fails to cure such breach within fifteen
(15) days after written notice from Colorado Prime specifying the nature of such
breach,  or if said breach is of such nature that cannot be cured within fifteen
(15)  days,  Shoppers  fails  to  commence  actions  and  diligently work toward
effecting  a  cure  to  Colorado  Prime's  reasonable  satisfaction.

     14.  Term  of  Agreement.  Either  party  may  terminate  this  Agreement
          --------------------
immediately  upon  the  occurrence  of  an  Event of Default by the other party.
Unless either party sooner terminates this Agreement upon an Event of Default of
the other party, this Agreement shall remain in effect for a period of three (3)
years  from the date hereof, and will automatically renew for an additional year
on the third anniversary and each subsequent anniversary unless either party has
given written notice of non-renewal at least one hundred eighty (180) days prior
to the renewal date. Subject to Paragraph 15, upon termination of this Agreement
for  any  reason,  including  as  a  result of either Shoppers or Colorado Prime
ceasing  to  do  business,  the  obligations  of both parties, including without
limitation the obligations under Paragraph 4, shall continue with respect to all
Shoppers  Accounts  and the related Receivables purchased by Shoppers during the
life  of  this  Agreement.

     15.  Consequences  of Certain Early Terminations. If during the first three
          --------------------------------------------
(3)  years hereof Colorado Prime terminates this Agreement without cause, ceases
electronic  or  physical  presentment of appropriate sales slips to Shoppers for
financing  under  Shoppers  Accounts  or  defaults under this Agreement, thereby
giving  rise  to  a  termination  for  cause  by  Shoppers, Colorado Prime shall
repurchase  all  of  the  Acquired  Assets,  Shoppers  Accounts  and  related
Receivables,  excluding Shoppers Accounts and the related Receivables where: (a)
a  voluntary  or  involuntary  bankruptcy  case has been filed by or against the
primary  customer,  (b)  any  Receivables  are  more than 150 days contractually
delinquent  or  have been charged off as uncollectible; (c) the primary customer
is  deceased;  (d) any Receivable has been incurred as a result of fraud; and/or
(e)  is the subject of a pending lawsuit. The repurchase price shall be the face
amount  of  the  purchased  Receivables.  In  addition, Colorado Prime shall pay
Shoppers  a  sum  equal  to  three  (3%) percent of the repurchase price if this
Agreement  is terminated within the first contract year, two (2%) percent of the
repurchase price if this Agreement is terminated within the second contract year
and  one  (1  %) percent of the repurchase price if this Agreement is terminated
within the third contract year, said sums representing reimbursement to Shoppers
for  its

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<PAGE>

expenses  in  providing applications, billing statements and such other items as
are  necessary  for  the implementation  of  the  Program.

     16.  Governing  Law.  This  Agreement  shall  be  governed,  construed  and
          ---------------
interpreted  in accordance  with  New  Jersey  substantive  law.

     17.  Binding  Arbitration;  Waiver  of  Jury  Trial.
          -----------------------------------------------

     (a)  Seller  and  Purchaser  agree  to attempt in good faith to resolve any
disputes arising in connection with this Agreement. In the event the parties are
unable  to  resolve  any  such  dispute, Colorado Prime and Shoppers irrevocably
agree  that  all  disputes  between them shall be decided by binding arbitration
under  the Commercial Arbitration Rules of the American Arbitration Association.
Either  party  may  demand arbitration by sending a written notice to the other.
Each  party  shall  select one arbitrator and advise the other of its selection.
The  selection  must  be  made  within fifteen days of the date of the notice of
arbitration. The two selected arbitrators will then choose a third. In the event
that  either  party  fails  to  select  an  arbitrator,  or in the event the two
selected  arbitrators  fail  to  select  a  third, then the choice shall be made
pursuant  to  the  American  Arbitration  Association  Rules.  It  is  expressly
acknowledged by the parties that the transactions between them are in interstate
commerce  and  subject  to  the Federal Arbitration Act, 9 U.S.C. 1 ET SEQ. This
arbitration  provision  shall  not be binding upon the Lenders under the Amended
Credit  Agreement.

     (b)  Colorado  Prime  and  Shoppers voluntarily and irrevocably consent and
agree that  all  claims  for  punitive  damages  are  waived.

     (c)  COLORADO  PRIME  AND  SHOPPERS  HEREBY  VOLUNTARILY  AND
IRREVOCABLY  WAIVE  ANY  RIGHT  TO  A  TRIAL  BY  JURY  IN  ANY  DISPUTE ARISING
BETWEEN  THEM.

     18.  Restrictions on Assignment. This Agreement is not assignable by either
          ---------------------------
party without prior written approval by the other party, such approval not to be
unreasonably  withheld, provided that no consent of Shoppers will be required in
the event of an assignment resulting from the acquisition of Colorado Prime or a
majority  of  its  assets  by merger, consolidation, asset purchase or the like.
Notwithstanding  the  foregoing, Colorado Prime may assign its rights under this
Agreement  as  security  for its obligations under the Amended Credit Agreement.

     19.  Limited  Invalidity.  The  fact  that  any clause or paragraph in this
          --------------------
Agreement  may  be  determined  to  be  unconstitutional,  illegal, or otherwise
ineffective  shall  in  no  way  affect  any  other  clause or paragraph of this
Agreement,  which  shall  remain  in  full  legal  force  and  effect.

     20.  Verifications  of  Sales.  Shoppers  may,  without  notice,  make test
          -------------------------
verifications  of  Colorado  Prime  sales  under  Shoppers  Accounts.  The  test
verification  will  be  carried  out  by  means  of a letter sent to the account
holders  asking them to confirm the sale. Colorado Prime shall have the right to
review  and  approve the form of the letter prior to its mailing, which approval
shall  not  be  unreasonably  withheld.

     21.  Capacity:  Authority; Validity. Colorado Prime represents and warrants
          ---------
that  it  has  all  necessary  corporate  power and authority to enter into this
Agreement  and  that  consummation  of  the  transactions

                                       8
<PAGE>

contemplated  hereby  have  been  duly  and  validly authorized by all necessary
corporate  action.  This  Agreement,  when  executed,  constitutes the valid and
binding  obligation of Colorado Prime, enforceable in accordance with its terms.
Neither  execution  of  this  Agreement nor the consummation of the transactions
contemplated  hereby will (i) conflict with, result in the breach of, constitute
a  default  under,  or  accelerate the performance required by, the terms of any
order,  law,  regulation,  contract,  instrument or commitment to which Colorado
Prime  is  a  party  or  by  which  it  is  bound,  (ii) violate the articles of
incorporation  or  bylaws  or  any  other  equivalent organizational document of
Colorado  Prime,  (iii)  require  any consent, approval, authorization or filing
under  any  law,  regulation,  judgment, order, writ, decree, permit, license or
agreement to which Colorado Prime is a party or by which it is bound or to which
it is subject, or (iv) require the consent or approval of any other party to any
material  contract  to  which  Colorado  Prime  is  a  party.

     22.  Notices.  All  notices  hereunder  shall  be  delivered  in the manner
          --------
specified  in  the Purchase  Agreement.

     23.  Waiver.  Waiver by either party of any breach of this Agreement, or of
          -------
any  portion  or  provisions  thereof, shall not be construed as a waiver of any
subsequent  or  other  breach; nor shall failure of either party to exercise any
right, remedy, privilege or option granted to it under this Agreement operate as
a  waiver  thereof  or give rise to any estoppel in favor of the other party. No
waiver  by  either  party  shall be effective unless it is a duly authorized and
signed  writing,  and  then  only to the extent specifically stated. All rights,
remedies, and privileges of either party under this Agreement are cumulative and
not  alternative  and  may  be  exercised  concurrently  or seriatim, and are in
addition  to  and not in lieu of any and all rights and remedies of either party
at  law,  in  equity,  under  statute,  or  otherwise.

     24. Indemnification. Shoppers and Colorado Prime agree to defend, indemnify
         ----------------
and  hold  harmless  the other from any damages that may arise for all actual or
alleged  violations  of  any  local, state or federal consumer protection law or
regulation  by virtue of the other's alleged acts or omissions which occur after
the  effective  date  of  this  Agreement.

     25.  Entire Agreement. This Agreement incorporates the entire understanding
          -----------------
of  the parties with respect to the subject matter hereof and no representation,
warranty  or  agreement  not set forth herein or in a writing delivered pursuant
hereto  shall  be  binding  on  either  party.

     26.  Captions;  Counterparts.  The  captions  in  this  Agreement  are  for
          ------------------------
convenience  only  and  shall  not  be  considered  a  part  of  or  affect  the
construction  or  interpretation  of  any  provision  of  this  Agreement.  This
Agreement  may  be executed in counterparts, each of which shall be an original,
but  all  of  which  together  shall  constitute  one  and  the same instrument.

     27.  Amendments  and  Waivers.  None  of  the  terms  or provisions of this
          -------------------------
Agreement may be waived, altered, modified or amended except by an instrument in
writing  duly  executed  by  both  parties.

     28.  Further Assurances. On and after the date hereof, each party shall, at
          -------------------
the  other  party's  request,  execute,  acknowledge  and  deliver  all  such
acknowledgments  and  other  instruments  as  may  be  reasonably  necessary  or
appropriate  to  fully  and  effectively carry out the transactions contemplated
hereby.

                                       9
<PAGE>

     IN  WITNESS WHEREOF, the parties have executed and delivered this Agreement
on  the
date  first  above  written.

ATTEST:                   HUDSON  UNITED  BANK:

________________________________               _________________________________
Edward  M. Fechner, Sr. Vice President         Thomas R. Nelson, President
Shoppers  Charge  Accounts  Co.                Shoppers  Charge Accounts Co.

ATTEST:                 COLORADO  PRIME  CORPORATION

________________________________               _________________________________
Fred  Spivak,  Secretary                       Paul  Roman,  President

ATTEST:              CONCORD  FINANCIAL  SERVICES,  INC.

________________________________               _________________________________
Jack  Crown,  Secretary                        Fred  Spivak,  President

                                       10
<PAGE>

     IN  WITNESS WHEREOF, the parties have executed and delivered this Agreement
on  the date  fist  above  written.

ATTEST:                       HUDSON  UNITED  BANK

________________________________               _________________________________
Edward  M.  Fechner, Sr. Vice President        Thomas R Nelson, President
Shoppers  Charge  Accounts  Co.                Shoppers  Charge Accounts Co.

ATTEST:                   COLORADO  PRIME  CORPORATION

________________________________               _________________________________
Fred  Spivak,  Secretary                       Paul  Roman,  President

ATTEST:                CONCORD  FINANCIAL  SERVICES,  INC.

________________________________               _________________________________
Jack  Crown  ,  Secretary                      Fred  Spivak,  President

                                       11
<PAGE>Exhibit 10.14

                       New Premises Date Acknowledgement
                       ---------------------------------

Date:                April 20, 2004

Location:            500 BiCounty Boulevard
                     Farmingdale, NY 11735

Landlord:            500 BiCounty Associates, L.P.
                     300 Robbins Lane
                     Syosset, New York 11791

Tenant:              Colorado Prime Corporation
                     500 BiCounty Boulevard
                     Farmingdale, NY 11735

Date of Lease:       September 18, 1997

1st Lease Modification Agreement: November 26, 1997

2nd Lease Modification Agreement: February 11, 1998

3rd Lease Modification Agreement: March 11, 2004

New Premises Commencement Date: April 16, 2004

See lease renewals and extensions of the term of Lease, if any.

The  Provisions  of this Acknowledgement do not and are not intended to amend or
modify  the  Lease,  and  any construction to the contrary is expressly negated.

The foregoing is hereby confirmed by the parties hereto.

Landlord                                    Tenant

500 BiCounty Associates, L.P.               Colorado Prime Corporation
By: 500 BiCounty Ltd., its
    General Partner

By: /s/Jonathan E. Cohen                    By: /s/Ken Saccente
    --------------------                        ---------------
Name: Jonathan E. Cohen                   Name: Ken Saccente
Title: Vice President                    Title: V.P.

<PAGE>

                         Colorado Prime Corporation
                           500 BiCounty Boulevard
                           Farmingdale, NY 11735

500 BiCounty Associates, L.P.
300 Robbins Lane
Syosset, New York 11791

Re:  Lease  Agreement  dated  as  of  September  18,  1997  between 500 BiCounty
Associates,  L.P.  ("Landlord")  and  Colorado  Prime  Corporation ("Tenant") as
ameneded  by  a Lease Modification Agreement dated as of November 26, 1997 and a
Second Lease Modification Agreement dated as of February 11, 1998 (collectively,
the  "Lease")

Dear Jonathan,

Enclosed you will find four (4) execution copies of the Third Lease Modification
Agreement  dated  as  of ________, 2004 (the "Amendment") between 500 Bi-County,
L.P.  and  Colorado  Prime  Corporation,  each  of  which  have been executed by
Coloardo  Prime  Corporation.

We  understand and agree that the Amendment is being delivered to you to hold in
escrow  until  such  time  that  you  have  entered into a binding written lease
agreement  with  Liberty  Mutual Insurance Company for a portion of the premises
currently  leased  to Tenant pursuant to the terms of the Lease on terms and and
conditions  acceptable  to  you  in  your sole and absolute discretion (the "New
Lease"),  which  New  Lease  shall  not  be subject to any unsatisfied condition
subsequent.  It  entered  into  the  New  Lease  shall  not  be  subject  to any
unsatisfied condition subsequent (such condition is hereafter referred to as the
"New  Lease  Condition"). We understand that you are making no representation or
warranty  to  us as to your ability to successfully negociate and secure the New
Lease  and  you  shall  have  no liability to us in the event that the New Lease
Condition  is  not  satisfied.

In the event that you have not notified us in writing by March 31, 2004 that you
have  achieved  the  New Lease Condition or have waived the New Lease Condition,
then  you  shall return the Amendment to us whereupon the Amendment shall become
void  ab initio and the Lease shall continue in full force and effect unmodified
by  the  Amendment  in  all  respects.

In  the  event  that  you have notified us in writing by March 31, 2004 that you
have  achieved  the  New Lease Condition or have waived the New Lease Condition,
then  you  are hereby authorized to countersign in the Amendment and to date the
Amendment  as of the date of your notice and return to us two (2) fully executed
duplicate  originals  of  the  Amendment.

<PAGE>

500 Bi-County Associates, L.P.
Page 2

Please  acknowledge  your  agreement  with  the foregoing escrow instructions by
executing  a copy of the letter in the space provided below and returning a copy
of  the  same  to  us.

Very truly yours,

Colorado Prime Corporation

By: /s/Kenneth Saccente
    -------------------
Name: Kenneth Saccente
Title: V.P.

Accepted and agreed this 12th day of February, 2004.

500 Bi-County Associates, L.P.
By: 500 Bi-County, Ltd., its
    General Partner

By: /s/Jonathan E. Cohen
    --------------------
Name: Jonathan E. Cohen
Title: Vice President

<PAGE>

                                    Schedule

Date                              Monthly Rent                       Annual Rent
1-Feb-04                                                             $113,262.50
1-Jul-04         $8,883.33        $555.21          $9,438.54
                 $8,883.33        $555.21          $9,438.54
                 $8,883.33        $555.21          $9,438.54
                 $8,883.33        $555.21          $9,438.54
                 $8,883.33        $555.21          $9,438.54
                 $8,883.33        $555.21          $9,438.54
                 $8,883.33        $555.21          $9,438.54
1-Feb-05         $8,883.33        $555.21          $9,438.54         $115,128.00
                 $8,883.33        $555.21          $9,438.54
                 $8,883.33        $555.21          $9,438.54
                 $8,883.33        $555.21          $9,438.54
                 $8,883.33        $555.21          $9,438.54
1-Jul-05         $9,149.83        $555.21          $9,705.04
                 $9,149.83        $555.21          $9,705.04
                 $9,149.83        $555.21          $9,705.04
                 $9,149.83        $555.21          $9,705.04
                 $9,149.83        $555.21          $9,705.04
                 $9,149.83        $555.21          $9,705.04
                 $9,149.83        $555.21          $9,705.04
1-Feb-06         $9,149.83        $555.21          $9,705.04         $118,381.97
                 $9,149.83        $555.21          $9,705.04
                 $9,149.83        $555.21          $9,705.04
                 $9,149.83        $555.21          $9,705.04
                 $9,149.83        $555.21          $9,705.04
1-Jul-06         $9,424.33        $555.21          $9,979.54
                 $9,424.33        $555.21          $9,979.54
                 $9,424.33        $555.21          $9,979.54
                 $9,424.33        $555.21          $9,979.54
                 $9,424.33        $555.21          $9,979.54
                 $9,424.33        $555.21          $9,979.54
                 $9,424.33        $555.21          $9,979.54
1-Feb-07         $9,424.33        $555.21          $9,979.54         $121,733.55
                 $9,424.33        $555.21          $9,979.54
                 $9,424.33        $555.21          $9,979.54
                 $9,424.33        $555.21          $9,979.54
                 $9,424.33        $555.21          $9,979.54
1-Jul-07         $9,707.06        $555.21         $10,262.27
                 $9,707.06        $555.21         $10,262.27
                 $9,707.06        $555.21         $10,262.27
                 $9,707.06        $555.21         $10,262.27
                 $9,707.06        $555.21         $10,262.27
                 $9,707.06        $555.21         $10,262.27

<PAGE>

                 $9,707.06        $555.21         $10,262.27
1-Feb-08         $9,707.06        $555.21         $10,262.27         $125,185.68
                 $9,707.06        $555.21         $10,262.27
                 $9,707.06        $555.21         $10,262.27
                 $9,707.06        $555.21         $10,262.27
                 $9,707.06        $555.21         $10,262.27
1-Jul-08         $9,998.27        $555.21         $10,553.48
                 $9,998.27        $555.21         $10,553.48
                 $9,998.27        $555.21         $10,553.48
                 $9,998.27        $555.21         $10,553.48
                 $9,998.27        $555.21         $10,553.48
                 $9,998.27        $555.21         $10,553.48
                 $9,998.27        $555.21         $10,553.48
1-Feb-09         $9,998.27        $555.21         $10,553.48         $128,741.38
                 $9,998.27        $555.21         $10,553.48
                 $9,998.27        $555.21         $10,553.48
                 $9,998.27        $555.21         $10,553.48
                 $9,998.27        $555.21         $10,553.48
1-Jul-09        $10,298.22        $555.21         $10,853.43
                $10,298.22        $555.21         $10,853.43
                $10,298.22        $555.21         $10,853.43
                $10,298.22        $555.21         $10,853.43
                $10,298.22        $555.21         $10,853.43
                $10,298.22        $555.21         $10,853.43
                $10,298.22        $555.21         $10,853.43
1-Feb-10        $10,298.22        $555.21         $10,853.43         $132,403.74
                $10,298.22        $555.21         $10,853.43
                $10,298.22        $555.21         $10,853.43
                $10,298.22        $555.21         $10,853.43
                $10,298.22        $555.21         $10,853.43
1-Jul-10        $10,607.16        $555.21         $11,162.37
                $10,607.16        $555.21         $11,162.37
                $10,607.16        $555.21         $11,162.37
                $10,607.16        $555.21         $11,162.37
                $10,607.16        $555.21         $11,162.37
                $10,607.16        $555.21         $11,162.37
                $10,607.16        $555.21         $11,162.37
1-Feb-11        $10,607.16        $555.21         $11,162.37         $136,175.98
                $10,607.16        $555.21         $11,162.37
                $10,607.16        $555.21         $11,162.37
                $10,607.16        $555.21         $11,162.37
                $10,607.16        $555.21         $11,162.37
1-Jul-11        $10,925.38        $555.21         $11,480.59
                $10,925.38        $555.21         $11,480.59
                $10,925.38        $555.21         $11,480.59
                $10,925.38        $555.21         $11,480.59
                $10,925.38        $555.21         $11,480.59
                $10,925.38        $555.21         $11,480.59
                $10,925.38        $555.21         $11,480.59
1-Feb-12        $10,925.38        $555.21         $11,480.59         $140,061.38
                $10,925.38        $555.21         $11,480.59
                $10,925.38        $555.21         $11,480.59

<PAGE>

                $10,925.38        $555.21         $11,480.59
                $10,925.38        $555.21         $11,480.59
1-Jul-12        $11,253.14        $555.21         $11,808.35
                $11,253.14        $555.21         $11,808.35
                $11,253.14        $555.21         $11,808.35
                $11,253.14        $555.21         $11,808.35
                $11,253.14        $555.21         $11,808.35
                $11,253.14        $555.21         $11,808.35
                $11,253.14        $555.21         $11,808.35
1-Feb-13        $11,253.14        $555.21         $11,808.35         $144,063.35
                $11,253.14        $555.21         $11,808.35
                $11,253.14        $555.21         $11,808.35
                $11,253.14        $555.21         $11,808.35
                $11,253.14        $555.21         $11,808.35
1-Jul-13        $11,590.74        $555.21         $12,145.94
                $11,590.74        $555.21         $12,145.94
                $11,590.74        $555.21         $12,145.94
                $11,590.74        $555.21         $12,145.94
                $11,590.74        $555.21         $12,145.94
                $11,590.74        $555.21         $12,145.94
                $11,590.74        $555.21         $12,145.94
1-Jan-14        $11,590.74        $555.21         $12,145.94

<PAGE>

                       THIRD LEASE MODIFICATION AGREEMENT
                       ----------------------------------

     AGREEMENT made as of the_____day of_______2004 by and between 500 BI-COUNTY
ASSOCIATES, L.P., a New York limited partnership having an office at 300 Robbins
Lane,  Syosset,  New  York  11791  (hereinafter called "Landlord"), and Colorado
Prime  Corporation,  a  Delaware  corporation, having an office at 500 Bi-County
Boulevard,  Farmingdale,  New  York  11735  (hereinafter  called  "Tenant").

                                    RECITALS

     WHEREAS,  Landlord  and Tenant have entered into a Lease Agreement dated as
of  September  18, 1997 as amended by a Lease Modification Agreement dated as of
November 26, 1997 and a Second Lease Modification Agreement dated as of February
11,  1998  (collectively,  the  "Lease")  for  the lease of approximately 29,242
square  feet  of  space (the "Original Premises") in the building located at 500
131-County  Boulevard,  Farmingdale,  New  York  (the  "Building").

     WHEREAS,  Landlord  and  Tenant  desire  to amend the Lease to, among other
things, reduce the area of the Premises from its current size of 29,242 rentable
square  feet  to  5,330  rentable  square  feet  (the  "New  Premises").

     NOW,  THEREFORE,  in  consideration of the mutual promises contained herein
and  for  other  good and valuable consideration, the receipt and sufficiency of
which  are  hereby  acknowledged,  the  parties  agree  as  follows:

                                    ARTICLE I

                                   Definitions
                                   -----------

     1.1     The  recitals  are  specifically incorporated into the body of this
Agreement  and  shall  be  binding  upon  the  parties  hereto.

<PAGE>

     1.2     Unless  expressly  set forth to the contrary and except as modified
by this Agreement, all defined terms shall have the meanings as ascribed to them
in  the  Lease.

                                   ARTICLE II

                               Lease Modifications
                               -------------------
     2.1 As of  the  date  hereof  the  Lease  is hereby modified and amended as
         follows:

     2.1.1  Premises.  Except  as otherwise specifically set forth herein to the
            ---------
contrary,  as  of  the  New Premises Commencement Date (hereinafter defined) the
term  "Premises"  or  "Demised Premises" as used in the Lease shall mean the New
Premises.  In  addition,  effective  as  of  the New Premises Commencement Date,
Exhibit  "1",  annexed to the Lease and referenced in the definition of "Demised
Premises"  and  "Premises"  appearing  in Article I of the Lease, is deleted and
replaced  with  Exhibit  "A"  annexed  hereto  and  made  a  part  hereof.

     2.1.2  Space.  As  of  the New Premises Commencement Date, Article 1 of the
            ------
Lease  is  hereby  modified  and  amended  as  follows:

(i)  Delete  the  number  "29,242"  and  insert the number "5,330" in its place;
representing  a  reduction of the area of the Premises by 23,912 rentable square
feet  as  depicted  in  Exhibit  "A" annexed hereto (the "Surrender Space"); and
(ii)  Tenant's  Proportionate  Share  shall  be  3.55%.

     2.1.3  Rent.  As  of July 1, 2004, the Rent payable by Tenant for the sixth
            -----
(6th)  year  through  and including the fifteenth (15th) year of the Term of the
Lease  is  amended  and  restated  as-follows:

(i)     for  the  sixth  year  of  the  Term  of  the  Lease,  the Rent shall be
$113,262.50;

(ii)     for  the  seventh  year  of  the  Term  of the Lease, the Rent shall be
$115,127.99;

(iii)     for  the  eighth  year  of  the  Term  of the Lease, the Rent shall be
$118,381.91;

(iv)     for  the  ninth  year  of  the  Term  of  the  Lease, the Rent shall be
$121,733.47;

(v)     for  the  tenth  year  of  the  Term  of  the  Lease,  the Rent shall be
$125,188.66;

<PAGE>

(vi)     for  the  eleventh  year  of  the  Term of the Lease, the Rent shall be
$128,741.41;

(vii)     for  the  twelfth  year  of  the  Term of the Lease, the Rent shall be
$132,403.74;  (viii)  for the thirteenth year of the Term of the Lease, the Rent
shall  be  $136,175.63;

(ix)     for  the  fourteenth  year  of the Term of the Lease, the Rent shall be
$140,061.68;  and

(x)  for  the  fifteenth  year  of  the  Term  of  the  Lease, the Rent shall be
$144,063.55.  Tenant shall pay the Rent in equal monthly installments in advance
of  the  first  day  ofeach  calendar month, in accordance with the terms of the
Lease  as  amended  by  this Agreement. July 1, 2004 is not the first day of the
sixth  lease year of the Term of the Lease, and therefore Tenant shall pay a pro
rata  portion  of the Rent for the New Premises on a per diem basis from July 1,
2004  to  and  including the last day of the sixth lease year of the Term of the
Lease.

     2.1.4  Taxes.  As  of July 1, 2004, the term "Base Year Taxes" set forth in
            ------
Article  11(A)(ii) of the Lease shall mean the Taxes actually due and payable in
the  2003/2004  tax  year  (commencing  December 1, 2003 and ending November 30,
2004).

     2.1.5  Services.  As  of  the  New Premises Commencement Date, Article 6 is
            ---------
hereby  amended and restated in its entirety as follows and as a result thereof,
Tenant  shall  no  longer be obligated to pay to Landlord increases in Operating
Costs:

"6.  (A) Landlord shall provide to the Premises heat and air-conditioning during
the hours of 8:00 AM to 6:00 PM on weekdays and 8:00 AM to 1:00 PM on Saturdays,
excluding  legal  holidays  (as  shown on Exhibit "C", annexed hereto and made a
part  hereof)  in  the  respective  seasons in accordance with Schedule "D". The
aforementioned  hours  are  hereinafter  referred  to as `WORKING HOURS". At any
hours  other than the aforementioned, such services will be provided at Tenant's
expense  in  accordance  with  Schedule  "E".

     (B)  Landlord  shall  have  no  liability to Tenant for any loss, damage or
expense  sustained  or  incurred  by  reason of any change, failure, inadequacy,
unsuitability  or  defect  in  the  supply  or  character of the electric energy
furnished to the Premises or if the quantity or character of the electric energy
is  no  longer  available  or suitable for Tenant's requirements, except for any
actual  damage  suffered  by Tenant by reason of any such failure, inadequacy or
defect caused by the gross negligence or willful misconduct of Landlord and then
only  thirty  (30)  days  after Landlord's receipt of notice from Tenant of such
failure,  inadequacy  or  defect."

<PAGE>

2.1.6  Schedule  "D".  Schedule  "D"  is  hereby  added to the Lease as follows:
       --------------
"Heating,  Ventilation  and  Air  Conditioning  Specifications

General

The  intent  of this specification is to define a design concept for the subject
area.  Design  Criteria

Central air conditioning with modular systems with individual zone control shall
be  capable  of  the  following  performance  when  the  criteria  noted are not
exceeded:

     (A) Between September 1 and June 1, the "heating system" shall be operative
and  maintain  a  minimum  of  70  degrees FDB when the outdoor temperature is 0
degrees  FDB  and  the  prevailing  wind  velocity  does  not  exceed  15  mph.

     (B)  Between  April  15  and  October  14,  the  "cooling  system" shall be
operative  and  maintain  a  maximum of 80 degrees FDB and 55% relative humidity
when  the  outdoor  temperature  is  95  degrees FDB and 75 degrees FDB with the
prevailing  wind  velocity  not  exceeding  13  mph.

     (C)  During  the  overlapping  seasons (April 15 - June 1 and September 1 -
October  15)  both  systems  shall  be  operative  (cooling  and  heating).

     (D)  Zoning  temperature and balancing controls shall be operated solely by
the  Landlord  to  assure  the  conditions  above.

     (E) Maintenance of the foregoing temperature conditions is conditioned upon
the  following  criteria, which shall not be exceeded by the Tenant in any room,
or  area,  within  the  demised  premises:

(a)  Population  Density     1  person  per  100  square  feet

(b)  Lighting  and  Electrical  Load  Density     6  watts  per  square  foot

(c)  Exhaust and Ventilation Load          5 cfm per person" 2.1.6 Schedule "E".
                                                                   -------------
Schedule  "E"  is  hereby  added  to  the  Lease  as  follows:

     "1.  Landlord  shall provide in the manner and at the rates hereinafter set
forth  and Tenant shall purchase from Landlord "electrical service" for Tenant's
requirements.

     (A) There shall be a meter installed in the Demised Premises to measure all
energy  consumption  by  Tenant except heating, ventilating and air conditioning
("HVAC") which is supplied to Tenant as set forth in Article 6 above and in this
Schedule  "E".  Tenant  shall  pay  to  Landlord,  as  additional  rent, the sum
calculated  by  multiplying  the  kilowatt  hours  by  the  rate  of the utility
supplying  the  service,  including  any fuel charges, surcharges, taxes and any
other  component  part  of  the  utility  bill.

<PAGE>

     (B)  The  charge  for  common  area energy and HVAC in the demised premises
during  WORKING HOURS is $1.25 per annum per square foot of the Demises Premises
and  is  subject  to  escalation  as  hereinafter  set  forth.  The basic charge
aforesaid  is  included  in  the  Rent  set forth in Article 3 of the Lease. Any
escalation  shall  be  payable  as  additional  rent.

     2.  Charges  for  OVERTIME  SERVICE:  Subject  to escalation as hereinafter
provided,  the Landlord's monthly charge for Tenant's OVERTIME SERVICE, shall be
derived  as  follows:

     (A)  OVERTIME  SERVICE:  OVERTIME  HOURS  are  all hours other than WORKING
HOURS.  For  the  entire Demised Premises, an amount equal to the product of the
OVERTIME  HOURS  of  energy  for  heating,  ventilating  and  air  conditioning
("OVERTIME  HVAC")  in  the  month  multiplied  by  $25.00.

     3.  Escalation  of  Charges  for OVERTIME SERVICE. The rates referred to in
this  Schedule  "E"  will  be  increased in each Lease Year, commencing with the
second  Lease  Year in proportion to the increase in the CPI as of the first day
of  a  Lease  Year over that existing as of the first day of the preceding Lease
Year. The term "CPI" shall mean the "Consumer Price Index for Urban Wage Earners
and Clerical Works, New York-Northeastern New Jersey (1982-1984 = 100) published
by the Bureau of Labor Statistics of the United States Depaitinent of Labor." If
the  base  year  of the CPI shall be changed, an appropriate adjustment shall be
made  in  computations  using  the  CPI to adjust for such change. If the CPI is
discontinued,  a  comparable  statistical  record  issued  by  the United States
Government  or  published in a financial periodical by a recognized organization
shall be selected by Landlord, subject to the approval of Tenant, which approval
Tenant  covenants  it  will  not  unreasonably  withhold  or  delay.

     4. Landlord shall have full and unrestricted access to all air-conditioning
and  heating  equipment,  and  to  all other utility installations servicing the
Building  and  the  Demised Premises. Landlord reserves the right temporarily to
interrupt,  curtail,  stop  or suspend air-conditioning and heating service, and
all  other  utilities,  or  other  services,  because of Landlord's inability to
obtain,  or  difficulty  or  delay  in  obtaining,  labor or materials necessary
therefore,  or  in  order to comply with governmental restrictions in connection
therewith,  or  for  any  other  cause  beyond Landlord's reasonable control. No
diminution or abatement of Rent, additional rent, or other compensation shall be
granted  to  Tenant,  nor  shall  this Lease or any of the obligations of Tenant
hereunder  be  affected or reduced by reason of such interruptions, stoppages or
curtailments, the causes of which are hereinabove enumerated, nor shall the same
give  rise  to a claim in Tenant's favor that such failure constitutes actual or
constructive,  total or partial, eviction from the Demised Premises, unless such
interruptions, stoppages or curtailments have been due to the arbitrary, willful
or  negligent  act,  or  failure  to  act,  of  Landlord  or  its  agents.

     5.  Telephone  and  service  shall  be the responsibility of Tenant. Tenant
shall  make  all  arrangements  for telephone service with the company supplying
said  service,  including the deposit requirement for the furnishing of service.
Landlord  shall  not  be responsible for any delays occasioned by failure of the
telephone  company  to  furnish  service.

     6.  At  Landlord's option, it shall furnish and install all lighting tubes,
bulbs  and  ballasts  used  in  the  Premises  and  Tenant  shall pay Landlord's
reasonable  charges  therefore,  on  demand,  as  additional  rent.

<PAGE>

                                   ARTICLE III

                          Surrender of Surrender Space
                          ----------------------------

     3.1.  In  consideration  of  the foregoing, on or prior to the New Premises
Commencement  Date,  Tenant  shall  vacate  the  Surrender  Space  (inclusive of
Tenant's  Property, except as otherwise provided in the Lease) and surrender the
same  to  Landlord  in good order, condition and repair, except for (a) ordinary
wear  and  tear and obsolescence and (b) such damage and destruction as Landlord
is  required  to  remove  or  restore  under  the  Lease,  free of all rights of
possession and occupancy of Tenant or others deriving their right or interest in
the  Surrender  Space  from,  through  or  under  Tenant.  Landlord  shall  be
conclusively  deemed to have accepted the Surrender Space from Tenant, effective
on  the  New  Premises  Commencement  Date  (and  not  prior  to  it).

     3.2.  In  further  consideration  of  the  foregoing,  Tenant  shall pay to
Landlord a fee of $500,000, as additional rent (the "Amendment Fee"), payable in
sixty  (60)  equal installments of $8,333.33 commencing July 1, 2004. Failure by
Tenant  to  make  any  installment payment of the Amendment Fee on the dates set
forth  in  the preceding sentence shall constitute an Event of Default under the
Lease.

     3.3. In the event Tenant shall fail to surrender the Surrender Space by the
New  Premises  Commencement  Date, Tenant shall be deemed a holdover tenant with
respect to the Surrender Space and shall pay Landlord a Rent for each day of its
holdover tenancy, equal to $2,000.00, and otherwise observe, fulfill and perform
all  of  its  obligations  under this Lease with respect to the Surrender Space,
including  but  not limited to those pertaining to Additional Rent. In addition,
in  the  event  Tenant shall fail to surrender the Surrender Space within thirty
(30)  days  of  the New Premises Commencement Date, then Landlord shall have the
right,  in  its  sole  and  absolute  discretion,  to  terminate this Amendment,
whereupon  this  Amendment  shall  become  void  ab  initio  and the Lease shall
continue  in full force and effect unmodified by this Amendment in all respects.

     The holding over by Tenant of all or any part of the Surrender Space on and
after  the  New  Premises  Commencement  Date  shall not extend the New Premises
Commencement  Date  and  shall  be  a  default  under  the  Lease.

     The  holdover,  with respect to all or any part of the Surrender Space by a
person  deriving  an  interest  in  the  Surrender Space from or through Tenant,
including  but  not  limited  to  an  assignee  or  subtenant, shall be deemed a
holdover  of  the  Surrender  Space  by  Tenant.

<PAGE>

     Tenant  expressly waives, for itself and for any person claiming through or
under  Tenant,  any rights which Tenant or such person may have to a stay or any
holdover  or  eviction action or proceeding, or other action or proceeding which
Landlord  may  institute  to  enforce  the  provisions  of  this  Section  3.3.

     Notwithstanding  anything  in  this  Section  3.3  to  the  contrary,  the
acceptance  of  any  Rent  paid by Tenant which is attributable to the Surrender
Space  shall not preclude Landlord from commencing and prosecuting a holdover or
eviction  action or proceeding or any action or proceeding in the nature thereof
against Tenant with respect to the Surrender Space. The preceding sentence shall
be  deemed to be an "agreement expressly providing otherwise" within the meaning
of  Section  232-c  of  the  Real  Property Law of the State of New York and any
successor  law  of  like  import.

                                   ARTICLE IV

                         New Premises Commencement Date
                         ------------------------------

     4.1     The  "New  Premises  Commencement  Date"  shall  be  deemed to have
occurred  on  the  later of (a) the date that is thirty (30) days after the date
hereof  and  (b)  the date on which the New Premises is or shall be deemed to be
ready  for  occupancy.

     4.1.1.  All  installations, facilities, materials and work to construct and
finish  the New Premises for its initial occupancy by Tenant shall be undertaken
by Landlord and are hereinafter referred to as the "Landlord's Work". Except for
Landlord's Work, Tenant shall accept the New Premises "as is" on the date hereof
and  Landlord  shall not be required to perform any work, render any services or
furnish  or  install  any  materials, fixtures or equipment to the Building, the
Surrender  Space or the New Premises in order that the New Premises be ready for
occupancy.  Tenant  hereby  grants  Landlord  the  right  to enter the Premises,
including,  without  limitation,  the Original Premises, from and after the date
hereof for the purpose of performing Landlord's Work. Tenant agrees to cooperate
fully  with  Landlord  in connection with the performance of Landlord's Work and
Tenant  acknowledges that there may be material interruption and interference to
Tenant  in  the  Original  Premises  during  the performance of Landlord's Work.
Nothwithstanding  the  foregoing,  Landlord  shall  use  reasonable  efforts  to
minimize  any  such  interruption  and  interference.

<PAGE>

     4.1.2.  All  installations,  facilities,  materials  and  work  other  than
Landlord's  Work  which  may  be  undertaken  by or for the account of Tenant to
equip,  finish and decorate the New Premises for its initial occupancy by Tenant
are  hereinafter  called  "Tenant's  Work".

     4.1.3. The New Premises shall be deemed ready for occupancy when Landlord's
Work  shall have been completed. Landlord's Work shall be deemed to be completed
despite  the  fact  that  (y)  minor  or  insubstantial details of construction,
decoration  or  mechanical  adjustment  remain  to  be performed or (z) portions
thereof,  under  good construction scheduling practices, should not be completed
until  other  uncompleted  Tenant's  Work is to be completed. Landlord will give
Tenant  notice  at  least  five  (5)  days  in advance of the date when Landlord
expects the New Premises to be ready for occupancy by Tenant, but Landlord shall
not  incur  any  liability whatsoever to Tenant in the event the New Premises is
not ready as set forth in such notice and no further notice shall be required to
be  given  by  Landlord.  Notwithstanding  the  occurrence  of  the New Premises
Commencement  Date  by  reason  of  the  application  of the foregoing criteria,
Landlord  shall  complete  any  incomplete  Landlord's  Work  with  diligence
thereafter.

     4.1.4.  The  date,  for all purposes of this Agreement, as of which the New
Premises  Commencement Date (if not then ready for occupancy) shall conclusively
be  deemed to be ready for occupancy shall be the date on which the New Premises
reasonably would have been ready for occupancy except for a delay resulting from
(a)  Tenant's  failure  to  comply  with the provisions of this Agreement or the
Lease,  or  (b)  an  act  or  omission  of Tenant (or its architects, engineers,
contractors  or  agents)  which  has  the  effect  of delaying the completion of
Landlord's  Work,  including, without limitation, requests by Tenant for changes
in  Landlord's  Work  Letter (any of the foregoing being a "Tenant's Delay"), of
which,  notice  thereof  is  given  to  Tenant stating that a Tenant's Delay has
occurred.

     4.1.5. If and when Tenant shall take actual possession of the New Premises,
it shall be conclusively presumed that the New Premises were ready for occupancy
as of the date of such taking of possession. Landlord shall fix the New Premises
Commencement  Date  and  shall  notify  Tenant  of  such  date  so  fixed.

<PAGE>

     4.1.6.  [Intentionally  Omitted]

     4.1.7.  Landlord's  request,  shall execute a written instrument confirming
such  date  as the New Premises Commencement Date. Within thirty (30) days after
Landlord  shall have fixed the New Premises Commencement Date, as aforesaid, but
not thereafter, Tenant shall have the right to deliver a certificate to Landlord
specifying  in  reasonable  detail  the  reasons why Tenant asserts that the New
Premises  Commencement  Date has not occurred. In the event that Tenant delivers
said certificate to Landlord within the specified thirty (30) day period, either
party  shall have a period of thirty (30) days after such delivery to submit the
matter  to  arbitration.

     4.1.7.  Landlord  itself  or  through  others  engaged  by  Landlord  shall
diligently  prosecute  the  Landlord's  Work  to  completion,  in  a  good  and
workmanlike  manner,  and  with reasonable diligence in accordance with the work
letter  (the "Landlord's Work Letter") attached hereto as Exhibit "B" and made a
part  hereof,  a  copy of which Tenant acknowledges it has received and reviewed
with  an  architect and/or professional engineer engaged by it for such purpose.
Landlord  shall  have  the right to modify Landlord's Work Letter to accommodate
changes  attributable to "general conditions" such as, but not limited to, field
conditions.  Tenant  will  take  all  action and will not omit the taking of any
action  necessary  or advisable in order for Landlord to fulfill its obligations
pursuant  to  the  preceding  sentence.

     (a)  Landlord, at Landlord's expense, shall obtain the approvals pertaining
to  the commencement of Landlord's Work and the occupancy of the New Premises by
Tenant.  Any  delay in obtaining the foregoing approvals attributable to acts or
omissions  of  Tenant  or  its architects, engineers, agents or contractors will
result  in  a  Tenant's  Delay.

     (b)  Whether  a  Tenant's  Delay has occurred and the extent of any claimed
Tenant's  Delay  shall  be  determined  in  the  following  manner:

     Landlord  shall  notify  Tenant  of  its  claim  that  a Tenant's Delay has
occurred  and  the  estimated  length  of  any  claimed  Tenant's Delay within a
reasonable time after the information necessary to ascertain the existence of or
to  estimate  the  length of such delay is available (which notice shall include
the reasons for Landlord's estimate) and the existence of and the length of such
Tenant's

<PAGE>

Delay  shall  be  deemed  to be as so stated and/or estimated unless, within ten
(10)  Business  Days  after  the  giving of such notice, Tenant shall notify the
Landlord of any disagreement therewith (including Tenant's reasons therefor). If
a  dispute  shall  be  unresolved  with respect to whether and/or to what extent
there  was  a  Tenant's  Delay  such  dispute  shall be resolved by arbitration.
Pending resolution of said dispute, the parties shall proceed in accordance with
Landlord's  estimate  and the provision of this Lease. Either party may initiate
such  arbitration  by  a  notice  to the other demanding arbitration and setting
forth  the  nature  of  the  disputes.

     (c)  Tenant agrees that if substantial completion of the Landlord's Work or
the  occurrence of the New Premises Commencement Date is delayed by any Tenant's
Delay,  Tenant  shall, in addition to other rights and remedies of Landlord, pay
the  costs  and  damages  Landlord may sustain by reason of such Tenant's Delay,
which  amount  shall  not  exceed  the  amount of Rent that Landlord may lose by
reason  of  such delay as well as any other actual loss that Landlord may suffer
by  reason  thereof.

     (d)  Landlord  shall be deemed to have adhered to Landlord's Work Letter to
the  extent  that  Landlord  shall  make changes to Landlord's Work Letter which
shall  affect  the construction of the New Premises if such changes are required
by  a  requirement  of  law or field conditions or do not to a noticeable extent
adversely  affect the New Premises or Tenant's use or occupancy thereof; and all
such  changes  shall  be  accepted  by  Tenant.

     (e)  Notwithstanding  anything in this Agreement to the contrary, no change
shall be made in Landlord's Work Letter without Landlord's prior written consent
which  consent will not be unreasonably withheld. Landlord's consent to a change
in  Landlord's  Work  Letter shall not be deemed a waiver of Landlord's right to
claim  a  Tenant's  Delay  arising  out  of  such  change.

     (f)  Landlord  recognizes the confidence placed in it by Tenant pursuant to
this  Section  4.1.7  and agrees to furnish its skill and judgment in furthering
the  provision  of this Section 4.1.7 and to perform or cause the performance of
Landlord's  Work  in what Landlord considers to be the best and soundest way and
in an expeditious and economical manner consistent with the respective interests
of  Landlord  and  Tenant,  as  reflected  in  this  Agreement.

<PAGE>

     (g)  Landlord  will have no obligation to commit more personnel, facilities
or  material to complete Landlord's Work then is commonly committed to like work
performed  in  the  ordinary  course or to perform Landlord's Work in other than
Working  Hours.  The  provisions  of  the preceding sentence will apply, amongst
others,  to  situations  relating  to  Tenant's  Delay.

     (h)  Tenant  shall  have  reasonable  access to the New Premises to inspect
Landlord's Work subject to the limitations and obligations imposed on Tenant and
its  employees,  contractors,  agents  and  representatives  in  respect thereof
elsewhere  in  this Agreement or the Lease. Landlord or its representatives will
meet  with  Tenant  and  its  representatives at reasonable times, intervals and
places  to  discuss  all  aspects  of  Landlord's  Work  which Tenant reasonably
requires.

     4.1.8. Landlord's Work shall be performed by Landlord at Landlord's expense
and  without  contribution  by  Tenant.

     4.1.9. Tenant (which term as used in this Section 4.1 shall include agents,
contractors,  employees  and  invitees of Tenant) shall be entitled to access to
the  New Premises prior to the New Premises Commencement Date for the purpose of
performing  Tenant's  Work.

     Tenant's  Work  shall  be  performed  by  Tenant  in  accordance  with  the
provisions of Article 14 of the Lease as though Tenant's Work were Improvements,
provided,  however,  that  in  addition  to  the provisions of Article 14 of the
Lease,  Tenant's  Work  shall  be  performed  in  accordance with the following:

     (a)  Performance  of  Landlord's  Work  shall  have  reached  a point where
performance  of Tenant's Work, in Landlord's reasonable judgment, will not delay
or  hamper  Landlord  in  -  the  completion  of  Landlord's  Work.

     (b)  Neither  Tenant's Work nor performance thereof shall conflict with the
prosecution  of  Landlord's  Work  or  violate  requirements  of  law.

     (c)  Landlord  reserves the right to deny Tenant access to the New Premises
and/or  to  request  Tenant  to  withdraw  therefrom  and  cease  all work being
performed  by  it or on its behalf by any person, firm or corporation other than
Landlord,  if  Landlord  shall,  in  its  reasonable  judgment,

<PAGE>

determine that such entry or the commencement and/or the continuance of Tenant's
Work  shall  interfere with, hamper or prevent Landlord from proceeding with the
completion  of  the  New  Premises  at  the  earliest  possible  date.

     (d)  Tenant  agrees  that should the Tenant enter upon the New Premises for
the  purpose  of  performing  Tenant's Work (as well as anytime during the Term,
Improvements),  the  labor employed by Tenant or anyone performing such work for
or  on behalf of Tenant shall always be harmonious and compatible with the labor
employed  by  Landlord  or any contractors or subcontractors of Landlord. Should
such  labor  cause a "labor problem" with Landlord's labor, Landlord may require
Tenant to withdraw Tenant's labor from such New Premises until such condition no
longer  exists.

     (e) In the event Tenant shall enter upon the New Premises or any other part
of  the  building,  as  may  be  above  permitted  by Landlord, Tenant agrees to
indemnify  and  save  Landlord  free  and harmless, from and against any and all
claims, loss, liability and damage arising from or claimed to arise from any act
or  neglect  of  Tenant,  or  from  any  failure  to  act.

                                    ARTICLE V

                                     Broker
                                     ------

     5.1  Tenant  covenants,  represents  and  warrants  that  Tenant has had no
dealings  or  negotiations with any broker, finder or agent with respect to this
Amendment  or  the  negotiation  thereof. Based thereon, Landlord agrees to hold
harmless  and  indemnify  Tenant  from  and  against  any  and all cost, expense
(including  reasonable  attorneys'  fees)  or  liability  for  any compensation,
commissions  or  charges  claimed by any broker, finder or agent with respect to
this  Amendment  or  the  negotiation thereof except to the extent that the same
arises  out  of  Tenant's  acts or omissions. Tenant agrees to hold harmless and
indemnify  Landlord  from  and  against  any  and  all  cost, expense (including
reasonable  attorneys'  fees)  or liability for any compensation, commissions or
charges claimed by any broker, finder or agent with respect to this Amendment or
the  negotiation  -thereof,  based  in  any  part  upon  Tenant's  breach of the
provisions  contained  in  the  first  sentence  of  this  paragraph.

<PAGE>

                                         ARTICLE VI

                                        Ratification
                                        ------------

     6.1     Provided that Tenant is not in default under any of its obligations
under  the  Lease,  it  shall be entitled to a Rent abatement of $15,000 applied
$5,000  per  month  for  April,  May  and  June,  2004.

     6.2  Tenant  represents  and  warrants  that the Lease is presently in full
force and effect, that no event of default has occurred on the part of Landlord,
and  that Tenant has no defense or right of offset in connection with Landlord's
performance  under  the  Lease  to  this  date.

     6.3  The  parties hereby ratify and confirm all of the terms, covenants and
conditions  of  the  Lease, except to the extent that those terms, covenants and
conditions  are  amended,  modified  or  varied by this Agreement. If there is a
conflict  between  the  provisions  of  the  Lease,  and  the provisions of this
Agreement,  the  provisions  of  this  Agreement  shall  control.

     6.4     This Agreement shall be binding upon and shall inure to the benefit
of  the  parties  hereto  and  their  respective  successors  and/or  assigns.

IN  WITNESS  WHEREOF,  the  parties  have executed this Third Lease Modification
Agreement  as of  the  day  and  year  first  above  written.

500  BI-COUNTY  ASSOCIATES,  L.P.

By: 500 BiCounty, Ltd., its General Parnter

By: /s/Jonathan E. Cohen
    --------------------
Name: Jonathan E. Cohen
Title: Vice President

Colorado Prime Corporation

By: /s/Kenneth Saccente
Name: Kenneth Saccente
Title: V.P.

<PAGE>

State  of  New  York

County  of  Nassau

On  the  12th  day  of  February  in  the  year 2004 before me, the undersigned,
personally  appeared Jonathan E. Cohen personally known to me or proved to me on
the  basis  of  satisfactory  evidence  to be the individual(s) whose name(s) is
(are)  subscribed  to  the  within  instrument  and  acknowledged  to  me  that
he/she/they  executed  the  same  in  his/her/their  capacity(ies),  and that by
his/her/their  signature(s)  on the instrument, the individual(s), or the person
upon  behalf  of  which  the  individual(s)  acted,  executed  the  instrument.

                                                                  /s/Sandra Meza

State  of  New  York

County  of  Nassau

On  the  12th  day  of  February  in  the  year 2004 before me, the undersigned,
personally  appeared  Kenneth Saccente personally known to me or proved to me on
the  basis  of  satisfactory  evidence  to be the individual(s) whose name(s) is
(are)  subscribed  to  the  within  instrument  and  acknowledged  to  me  that
he/she/they  executed  the  same  in  his/her/their  capacity(ies),  and that by
his/her/their  signature(s)  on the instrument, the individual(s), or the person
upon  behalf  of  which  the  individual(s)  acted,  executed  the  instrument.

                                                                  /s/Sandra Meza

<PAGE>

                                   Exhibit "C"

                                 Legal Holidays

1.     New  Year's  Day
2.     President's  Day
3.     Memorial  Day
4.     Independence  Day
5.     Labor  Day
6.     Thanksgiving  Day
7.     Christmas  Day

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00107-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00107-of-00352.parquet"}]]