Document:

EX-10.13

 Exhibit 10.13 

WELLSPRING DISTRIBUTION CORP. 

NON-QUALIFIED STOCK OPTION 
 Date:
April 12, 2010 
 Grant to: Douglas M. Steenland (the “Participant”) 

the right to purchase from Wellspring Distribution Corp. (the “Company”): 

215,000 shares of its Non-Voting Class B Common Stock, par value $0.01 per 

share, at a price of $5.49 per share. 

The foregoing options are “Options” as such term is defined in the Company’s Amended and Restated 2007 Management Option Plan
(the “Plan”), and are subject to all of the terms and conditions of the Plan in effect from time to time. Capitalized terms not otherwise defined herein shall have the same meanings as in the Plan. 

1. Vesting. Notwithstanding anything to the contrary in the Plan, the Options shall be exercisable only to the extent that they are
vested pursuant to the terms of this Award Agreement. Options shall vest only so long as a Participant has been continuously providing services to the Company or one of its Subsidiaries. The Options shall be divided into two equal portions, with
each such portion exercisable for one-half of the number of shares of Class B Common Stock for which such Options are exercisable, and such portions shall be referred to hereunder as “Tranche A Options” and “Tranche B Options”.

 (a) Tranche A Vesting. The Tranche A Options will be subject to time vesting and will time vest on each date set forth below with
respect to the cumulative percentage of shares of Class B Common Stock issuable upon exercise of each of the Tranche A Options set forth opposite such date if the Participant is, and has been, continuously providing services to the Company or any of
its Subsidiaries from the date of grant through such date: 
  

					
	 Date
	  	Cumulative Percentage of Shares Vested	 
	 1st anniversary of date of grant
	  	 	33 1/3	% 
	 2nd anniversary of date of grant
	  	 	66 2/3	% 
	 3rd anniversary of date of grant
	  	 	100	% 

 Notwithstanding the foregoing, all Tranche A Options shall be considered 100% vested upon consummation of a
Change of Control. 
 (b) Tranche B Vesting. The Tranche B Options shall be subject to time and performance vesting, and will only be
deemed vested when they have both time vested and performance vested in accordance with the terms hereof. 
 (A) The Tranche
B Options will time vest (i) with respect to 33 1/3% of the number of shares of Class B Common Stock for which such Tranche B Options are exercisable on the last day of the Company’s 2011 fiscal year if the Participant is, and has been,
continuously providing services to the Company or any of its Subsidiaries from the date of grant through such date, (ii) with respect to 33 1/3% of the number of shares of Class B Common Stock for which such Tranche B Options are exercisable on
the last day of the Company’s 2012 fiscal year if the Participant is, and has been, continuously providing services to the Company or any of its Subsidiaries from the date of grant through such date and (iii) with respect to 33 1/3% of the
number of shares of Class B Common Stock for which such Tranche B Options are exercisable on the last day of the Company’s 2013 fiscal year if the Participant is, and has been, continuously providing services to the Company or any of its
Subsidiaries from the date of grant through such date. 

 (B) The Tranche B Options will performance vest (i) with respect to 33 1/3%
of the number of shares of Class B Common Stock for which such Tranche B Options are exercisable on the date that the audited financial statement for the Company and its consolidated Subsidiaries in respect of the Company’s 2011 fiscal year is
approved by the Board’s audit committee if the predetermined EBITDA budget target established by the Board in respect of such fiscal year is satisfied, (ii) with respect to 33 1/3% of the number of shares of Class B Common Stock for which
such Tranche B Options are exercisable on the date that the audited financial statement for the Company and its consolidated Subsidiaries in respect of the Company’s 2012 fiscal year is approved by the Board’s audit committee if EBITDA (as
calculated by the Board in good faith) is at least $240,000,00 and (iii) with respect to 33 1/3% of the number of shares of Class B Common Stock for which such Tranche B Options are exercisable on the date that the audited financial statement
for the Company and its consolidated Subsidiaries in respect of the Company’s 2013 fiscal year is approved by the Board’s audit committee if EBITDA (as calculated by the Board in good faith) is at least $270,000,00. 

2. Forfeiture; Exercise. Notwithstanding anything to the contrary in the Plan, if the Participant ceases to provide services to the
Company and its Subsidiaries at any time and for any reason, then the portion of the Participant’s Options that have not fully vested as of the date such services terminate (the “Termination Date”) shall expire at such time. The
portion of the Participant’s Options that have fully vested as of the Participant’s Termination Date shall expire (i) 30 days after the Termination Date if a Participant is terminated without Cause or if the Participant resigns for
any reason (including Retirement) (or one year if the Participant continuously provides services to the Company or any of its Subsidiaries from the date of grant through the third anniversary thereof), (ii) 90 days after the Termination Date if
a Participant is terminated due to Disability (or two years if the Participant continuously provides services to the Company or any of its Subsidiaries from the date of grant through the third anniversary thereof), (iii) 180 days after the
Termination Date if a Participant is terminated due to death (or three years if the Participant continuously provides services to the Company or any of its Subsidiaries from the date of grant through the third anniversary thereof), and
(iv) immediately upon termination if a Participant is terminated with Cause. 
 The Participant expressly acknowledges and agrees to be
bound by and subject to the restrictive covenants in Article IX of the Plan (excluding Section 9.3 thereof) 
 This agreement may be
executed in one or more counterparts (including by means of telecopied signature pages), all of which taken together shall constitute one and the same agreement. 

 IN WITNESS WHEREOF, the Company, acting by and through its duly authorized officers, has caused
this agreement to be executed as of the date first above written. 
  

			
	WELLSPRING DISTRIBUTION CORP.
		
	By:	 	 /s/ George Holm            

		 	Name:     George Holm
		 	Its:           Chief Executive Officer

  

	
	Accepted and Agreed:
	
	 /s/ Douglas M.
Steenland            

	Name: Douglas M. SteenlandEX-10.14

 Exhibit 10.14 

WELLSPRING DISTRIBUTION CORP. 

NON-QUALIFIED STOCK OPTION 
 Date:
December 11, 2008 
 Grant to: George Holm (the “Participant”) 

the right to purchase from Wellspring Distribution Corp. (the “Company”): 

1,389,909.40 shares of its Non-Voting Class B Common Stock, par value $0.01 per share, at a price of $5.49 per share. 

The foregoing options are “Options” as such term is defined in the Company’s Amended and Restated 2007 Management Option Plan
(the “Plan”), and are subject to all of the terms and conditions of the Plan in effect from time to time. Capitalized terms not otherwise defined herein shall have the same meanings as in the Plan. 

In consideration for the grant of Options under this agreement, Participant hereby agrees that: 

(1) The Options shall not be entitled to any protections or benefits under any change in control protection agreement between
Participant and PFG (or its affiliates) entered into prior to the Amendment Effective Date (including each agreement for Key Executives of PFG) (in each case as modified, amended or supplemented from time to time, a “CIC
Agreement”)). The terms of the Options are governed solely by the Plan and this agreement. 
 (2) The Participant
shall not to be entitled to any benefits or protections under any CIC Agreement arising out of any corporate change in control transactions occurring after the date of this agreement and, in furtherance of the foregoing, all CIC Agreements shall
expire and cease to be of further force and effect on May 24, 2010. 
 To the extent Participant currently enjoys certain benefits or
protections pursuant to any such CIC Agreement, this agreement does not change, reduce, or alter any such benefits or protections to which Participant is entitled in respect of the change in control transaction that occurred on May 24, 2008
(except as otherwise expressly provided in clause (1) above with respect to Options granted under this agreement). 
 The Participant
expressly acknowledges and agrees to be bound by and subject to the restrictive covenants in Article IX of the Plan. 
 This agreement may
be executed in one or more counterparts (including by means of telecopied signature pages), all of which taken together shall constitute one and the same agreement. 

 IN WITNESS WHEREOF, the Company, acting by and through its duly authorized officers, has caused
this agreement to be executed as of the date first above written. 
  

			
	WELLSPRING DISTRIBUTION CORP.
		
	By:	 	 /s/ Jane Manion

	Name:	 	Jane Manion
	Its:	 	Chief Human Resource Officer

  

	
	Accepted and Agreed:
	
	 /s/ George Holm

	Name: George HolmEX-10.15

 Exhibit 10.15 
  

 
             , 201     

Dear                     , 

As you know, as an employee of
                     (the “Company”) you are entitled to participate in the Senior Management Severance Pay Plan under the PFGC, Inc.
(formerly Vistar Management, Inc.) Employee Benefits Plan (the “Severance Plan”). Under the Severance Plan, you are eligible to receive certain severance benefits in the event you incur a qualifying “termination of employment”
(as defined in the Severance Plan). The terms and conditions of the Severance Plan applicable to you will be modified as follows: 
  

	 	•	 	The severance pay for which you are eligible will be (i) a benefit of 52 weeks base pay (as defined in the Severance Plan) and (ii) a pro-rata portion of the annual bonus, if any, that you would have been
entitled to receive, if such qualifying “termination of employment” had not occurred, based on the Company’s achievement of the applicable performance targets, in respect of the year of such termination, multiplied by a fraction, the
numerator of which is the number of days you were employed by the Company during the fiscal year of such termination, and the denominator of which is 365, payable at such time as annual bonuses are paid to other executives of the Company, but no
later than two and one-half (2-1/2) months after the last day of the performance year to which such bonus relates. 

  

	 	•	 	A resignation by you for “Good Reason” shall constitute a qualifying termination of employment under the Severance Plan and may entitle you to severance pay benefits. “Good Reason” means (a) a
diminution in your base salary or annual bonus opportunity; (b) any material diminution in your authority, duties or responsibilities; (c) failure of the Company or its subsidiaries to pay or cause to be paid your base salary or annual
bonus, when due; or (d) relocation of your principal place of employment more than 50 miles from the Richmond, Virginia metropolitan area; provided that none of these events shall constitute Good Reason unless the Company fails to cure such
event within 30 days after receipt from you of written notice of the event which constitutes Good Reason; provided, further, that Good Reason will cease to exist for an event on the 90th day
following its occurrence. 

 Your agreement to the terms of this letter supersedes any other oral or written agreement or
understanding you have with the Company (including any predecessor entity) regarding your eligibility for severance payments and benefits. Except as modified by this letter agreement, the terms of the Severance Plan will remain in effect and apply
to you. If you agree with the severance arrangements in this letter, please sign the letter below and return it to Carol Price, Senior Vice President, Chief Human Resources Officer at Performance Food Group, Inc. 

 If you have any questions regarding these severance payments and benefits you should contact
Carol Price at 804-484-3577. 
  

	
	Sincerely,
	
	  

	Carol Price
	Senior Vice President, Chief Human Resources Officer
	
	 Agreed and acknowledged as of
 this
    day of                     , 201    .

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