Document:

EXHIBIT
10.2

 

AMENDMENT TO RETENTION AGREEMENT

 

This Amendment to Retention
Agreement (this “Amendment”) is made and entered into as of the 24th
day of March, 2005, by and between Gardenburger, Inc., an Oregon
Corporation (the “Company”), and James W. Linford (the “Executive”).

 

Preliminary
Statements:

 

A.                                   The Company and the Executive are parties to
a Retention Agreement, dated as of January 27, 2005 (the “Retention
Agreement”).

 

B.                                     The parties desire to amend the Retention
Agreement as set forth herein.

 

C.                                     Section 5.8 of the Retention Agreement
provides that the Retention Agreement may be modified by an agreement in
writing between the parties thereto.

 

Agreement:

 

NOW THEREFORE, effective as
of the date hereof, for good and valuable consideration, the receipt and
sufficiency of which is hereby acknowledged, the parties hereto agree as
follows:

 

1.                                       Preamble and Recitals: Defined Terms.  The
preamble and recitals hereinabove set forth are incorporated herein and made a
part hereof.  Except as otherwise provided
herein, capitalized terms used in this Amendment shall have the meanings
ascribed thereto in the Retention Agreement.

 

2.                                       Third “Whereas” Clause.  The
third “Whereas” clause of the Retention Agreement is hereby amended and
restated in its entirety to read as follows: “WHEREAS, in addition to the
benefits that the Executive may be entitled to receive under the Employment
Agreement between the Company and the Executive, the Company desires to
establish an incentive for the Executive to continue to be employed by the
company through and following a Change in Control (as defined in Section 2.4)
or a Going Private Transaction (as defined in Section 2.6).

 

3.                                       Bonus Amount and Conditions.  Section 1.1(b) of
the Retention Agreement is hereby amended and restated in its entirety to read
as follows: “promptly, upon request of the Company, executes and delivers a
release of claims against the Company, which release shall be in the same form
as Paragraph 9 to the Separation Agreement attached to the Employment Agreement
between Executive and Company.”

 

4.                                       Certain Limitations. A new Section 4.4 of the Retention
Agreement is added which reads: “Notwithstanding anything to the contrary in
this Agreement, the limitations contained in Section 4.1 and 4.2 of this
Agreement on the payment of monies to which Executive is entitled to receive
under this Agreement shall  not apply if
the triggering event that entitles Executive to receive monies under this
Agreement is a Sale Transaction, as defined in the Employment Agreement between
the Company and the Executive.”

 

 

5.                                       Change in Control.  Section 2.4
of the Retention Agreement is hereby amended and restated in its entirety to
read as follows:

 

“Change in Control” shall have the meaning
set forth in Article I of the Employment Agreement, as amended.”

 

6.                                       Bankruptcy Limitation.  Section 4.3
of the Retention Agreement is hereby deleted in its entirety.

 

7.                                       Affirmation.  In all other respects the
Retention Agreement is affirmed.

 

IN WITNESS WHEREOF, and
intending to be legally bound, the undersigned have caused this Amendment to
Retention Agreement to be executed as of the date first written above.

 

	
  EXECUTIVE

  	
   

  	
  GARDENBURGER, INC.

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
          /s/ James W. Linford

  	
   

  	
  By:

  	
   

  	
  /s/ Scott Wallace

  
	
  James W. Linford

  	
   

  	
   

  	
   

  	
  Scott Wallace

  President & Chief Executive Officer

  

 

2EXHIBIT
10.3

 

AMENDMENT TO RETENTION AGREEMENT

 

This Amendment to Retention
Agreement (this “Amendment”) is made and entered into as of the 24th
day of March, 2005, by and between Gardenburger, Inc., an Oregon
Corporation (the “Company”), and Robert T. Trebing, Jr. (the “Executive”).

 

Preliminary
Statements:

 

A.                                   The Company and the Executive are parties to
a Retention Agreement, dated as of January 27, 2005 (the “Retention
Agreement”).

 

B.                                     The parties desire to amend the Retention
Agreement as set forth herein.

 

C.                                     Section 5.8 of the Retention Agreement
provides that the Retention Agreement may be modified by an agreement in
writing between the parties thereto.

 

Agreement:

 

NOW THEREFORE, effective as
of the date hereof, for good and valuable consideration, the receipt and
sufficiency of which is hereby acknowledged, the parties hereto agree as
follows:

 

1.                                       Preamble and Recitals: Defined Terms.  The
preamble and recitals hereinabove set forth are incorporated herein and made a
part hereof.  Except as otherwise
provided herein, capitalized terms used in this Amendment shall have the
meanings ascribed thereto in the Retention Agreement.

 

2.                                       Third “Whereas” Clause.  The
third “Whereas” clause of the Retention Agreement is hereby amended and
restated in its entirety to read as follows: “WHEREAS, in addition to the
benefits that the Executive may be entitled to receive under the Employment
Agreement between the Company and the Executive, the Company desires to
establish an incentive for the Executive to continue to be employed by the
company through and following a Change in Control (as defined in Section 2.4)
or a Going Private Transaction (as defined in Section 2.6).

 

3.                                       Bonus Amount and Conditions.  Section 1.1(b) of
the Retention Agreement is hereby amended and restated in its entirety to read
as follows: “promptly, upon request of the Company, executes and delivers a
release of claims against the Company, which release shall be in the same form
as Paragraph 9 to the Separation Agreement attached to the Employment Agreement
between Executive and Company.”

 

4.                                       Certain Limitations. A new Section 4.4 of the Retention
Agreement is added which reads: “Notwithstanding anything to the contrary in
this Agreement, the limitations contained in Section 4.1 and 4.2 of this
Agreement on the payment of monies to which Executive is entitled to receive
under this Agreement shall  not apply if
the triggering event that entitles Executive to receive monies under this
Agreement is a Sale Transaction, as defined in the Employment Agreement between
the Company and the Executive.”

 

 

5.                                       Change in Control.  Section 2.4
of the Retention Agreement is hereby amended and restated in its entirety to
read as follows:

 

“Change in Control” shall have the meaning
set forth in Article I of the Employment Agreement, as amended.”

 

6.                                       Bankruptcy Limitation.  Section 4.3
of the Retention Agreement is hereby deleted in its entirety.

 

7.                                       Affirmation.  In all other respects the
Retention Agreement is affirmed.

 

IN WITNESS WHEREOF, and
intending to be legally bound, the undersigned have caused this Amendment to
Retention Agreement to be executed as of the date first written above.

 

	
  EXECUTIVE

  	
   

  	
  GARDENBURGER, INC.

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
          /s/ Robert T. Trebing, Jr.

  	
   

  	
  By:

  	
   

  	
  /s/ Scott Wallace

  
	
  Robert T. Trebing, Jr.

  	
   

  	
   

  	
   

  	
  Scott Wallace

  President & Chief Executive Officer

  

 

2EXHIBIT
10.4

 

AMENDMENT TO RETENTION AGREEMENT

 

This Amendment to Retention
Agreement (this “Amendment”) is made and entered into as of the 24th
day of March, 2005, by and between Gardenburger, Inc., an Oregon
Corporation (the “Company”), and Robert Dixon (the “Executive”).

 

Preliminary Statements:

 

A.            The Company and the Executive are parties to a Retention
Agreement, dated as of January 27, 2005 (the “Retention Agreement”).

 

B.            The parties desire to amend the Retention Agreement as
set forth herein.

 

C.            Section 5.8 of the Retention Agreement provides that
the Retention Agreement may be modified by an agreement in writing between the
parties thereto.

 

Agreement:

 

NOW THEREFORE, effective as
of the date hereof, for good and valuable consideration, the receipt and
sufficiency of which is hereby acknowledged, the parties hereto agree as
follows:

 

1.             Preamble and Recitals: Defined Terms.  The preamble and recitals hereinabove set
forth are incorporated herein and made a part hereof.  Except as otherwise provided herein,
capitalized terms used in this Amendment shall have the meanings ascribed
thereto in the Retention Agreement.

 

2.             Third “Whereas” Clause.  The third “Whereas” clause of the Retention
Agreement is hereby amended and restated in its entirety to read as follows: “WHEREAS,
in addition to the benefits that the Executive may be entitled to receive under
the Employment Agreement between the Company and the Executive, the Company
desires to establish an incentive for the Executive to continue to be employed
by the company through and following a Change in Control (as defined in Section 2.4)
or a Going Private Transaction (as defined in Section 2.6).

 

3.             Bonus Amount and Conditions.  Section 1.1(b) of the Retention
Agreement is hereby amended and restated in its entirety to read as follows: “promptly,
upon request of the Company, executes and delivers a release of claims against
the Company, which release shall be in the same form as Paragraph 9 to the
Separation Agreement attached to the Employment Agreement between Executive and
Company.”

 

4.             Certain Limitations. A new Section 4.4 of
the Retention Agreement is added which reads: “Notwithstanding anything to the
contrary in this Agreement, the limitations contained in Section 4.1 and
4.2 of this Agreement on the payment of monies to which Executive is entitled
to receive under this Agreement shall 
not apply if the triggering event that entitles Executive to receive
monies under this Agreement is a Sale Transaction, as defined in the Employment
Agreement between the Company and the Executive.”

 

 

5.             Change in Control.  Section 2.4 of the Retention Agreement
is hereby amended and restated in its entirety to read as follows:

 

“Change
in Control” shall have the meaning set forth in Article I of the
Employment Agreement, as amended.”

 

6.             Bankruptcy Limitation.  Section 4.3 of the Retention Agreement
is hereby deleted in its entirety.

 

7.             Affirmation. 
In all other respects the Retention Agreement is affirmed.

 

IN WITNESS WHEREOF, and
intending to be legally bound, the undersigned have caused this Amendment to
Retention Agreement to be executed as of the date first written above.

 

	
  EXECUTIVE

  	
   

  	
  GARDENBURGER, INC.

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
          /s/ Robert Dixon

  	
   

  	
  By:

  	
   

  	
  /s/ Scott Wallace

  
	
  Robert Dixon

  	
   

  	
   

  	
   

  	
  Scott Wallace

  President & Chief Executive Officer

  

 

2

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