Document:

Exhibit

THE CHEFS’ WAREHOUSE, INC. 10-K

Exhibit 10.39

AMENDMENT NO. 9

Dated as of February 26, 2016 to

AMENDED AND RESTATED CREDIT AGREEMENT

THIS AMENDMENT NO. 9 (this “Amendment”) is made as of February 26, 2016 by and among Dairyland USA Corporation, a New York corporation (“Dairyland”), The Chefs’ Warehouse Mid-Atlantic, LLC, a Delaware limited liability company (“CW Mid-Atlantic”), Bel Canto Foods, LLC, a New York limited liability company (“Bel Canto”), The Chefs’ Warehouse West Coast, LLC, a Delaware limited liability company (“CW West Coast”), and The Chefs’ Warehouse of Florida, LLC, a Delaware limited liability company (“CW Florida” and, together with Dairyland, CW Mid-Atlantic, Bel Canto and CW West Coast, the “Borrowers”), the financial institutions listed on the signature pages hereof and JPMorgan Chase Bank, N.A., as Administrative Agent (in such capacity, the “Administrative Agent”) and as Collateral Agent (in such capacity, the “Collateral Agent”), under that certain Amended and Restated Credit Agreement dated as of April 25, 2012, as amended and restated as of April 17, 2013, by and among the Borrowers, the other Loan Parties party thereto, the Lenders, the Administrative Agent and the Collateral Agent (as amended, restated, supplemented or otherwise modified from time to time, the “Credit Agreement”).   Capitalized terms used herein and not otherwise defined herein shall have the respective meanings given to them in the Credit Agreement.

WHEREAS, the Borrowers have requested that the requisite Lenders, the Administrative Agent and  the  Issuing Bank agree to  certain  amendments to  the  Credit Agreement, as  more fully described herein; and

WHEREAS, the Borrowers, the Lenders party hereto, the Administrative Agent and the
Issuing Bank have so agreed on the terms and conditions set forth herein;

NOW, THEREFORE, in consideration of the premises set forth above, the terms and conditions contained herein, and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Borrowers, the Lenders party hereto, the Administrative Agent and the Issuing Bank hereby agree to enter into this Amendment.

1.         Amendments to the Credit Agreement.  Upon the satisfaction of the conditions precedent set forth in Section 2 below, the parties hereto agree that the Credit Agreement shall be amended as follows:

THE CHEFS’ WAREHOUSE, INC. 10-K

(a)      The  definition  of  “Fixed  Charges”  set  forth  in  Section  1.01  of  the  Credit Agreement is hereby amended by deleting the phrase “prepayments (other than Excess Cash Flow prepayments) and” set forth therein.

(b)      The definition of “Prepayment Event” set forth in Section 1.01 of the Credit Agreement is hereby amended by adding the following phrase after the end of clause (a) thereof: “(other than dispositions described in Section 6.05(i))”.

(c)      Section 6.02 of the Credit Agreement is hereby amended to add the following new clause (r) thereto (and to make any related punctuation and grammatical changes as a  result thereof):
(r)         Liens representing any interest of a sublessee arising by virtue of being granted a sublease permitted by Section 6.05(i).

(d)      Section 6.05 of the Credit Agreement is hereby amended to add the following new clause (i) thereto (and to make any related punctuation and grammatical changes as a result thereof):

(i)         subleases entered into in the ordinary course of business, to the extent that they do not materially interfere with the business of Holdings and its Subsidiaries taken as a whole.

2.         Conditions of Effectiveness.  The effectiveness of this Amendment is subject to the conditions precedent that:

(a)      the Administrative Agent shall have received counterparts of this Amendment duly executed by the Borrowers, the Required Lenders, the Administrative Agent and the Issuing Bank;

(b)      the Administrative Agent shall have received counterparts of the Consent and
Reaffirmation attached as Exhibit A hereto duly executed by the Loan Guarantors;

(c)      the  Administrative  Agent  shall  have  received  an  executed  and  effective amendment to the Prudential Note Agreement, which amendment shall be substantially in the form set forth on Exhibit B hereto; and

(d)      the Administrative Agent shall have received payment and/or reimbursement of the Administrative Agent’s and its affiliates’ expenses (including, to the extent invoiced in an invoice dated on or prior to the date hereof, reasonable documented out-of-pocket fees and expenses of counsel for the Administrative Agent) in connection with this Amendment and the other Loan Documents.

3.         Representations  and  Warranties  of  the  Borrowers.    Each  Borrower  hereby represents and warrants as follows:

THE CHEFS’ WAREHOUSE, INC. 10-K

(a)      This Amendment and the Credit Agreement as amended hereby constitute legal, valid and binding obligations of such Borrower and are enforceable against such Borrower in accordance with their terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

(b)      As of the date hereof, after giving effect to the terms of this Amendment, (i) no Default has occurred and is continuing and (ii) the representations and warranties of the Loan Parties set forth in the Credit Agreement, as amended hereby, are true and correct in all material respects (provided that any such representations or warranties qualified by materiality or Material Adverse Effect are true and correct in all respects), it being understood and agreed that any representation or warranty which by its terms is made as of a specified date shall be required to be true and correct only as of such specified date.

4.         Reference to and Effect on the Credit Agreement.

(a)      Upon the effectiveness hereof, each reference to the Credit Agreement in the Credit Agreement or any other Loan Document shall mean and be a reference to the Credit Agreement as amended hereby.

(b)      Each  Loan  Document and  all  other  documents, instruments and  agreements executed and/or delivered in connection therewith shall remain in full force and effect and are hereby ratified and confirmed.

(c)      Except with respect to the subject matter hereof, the execution, delivery and effectiveness of this Amendment shall not operate as a waiver of any right, power or remedy of the Administrative Agent or the Lenders, nor constitute a waiver of any provision of the Credit Agreement, the Loan Documents or any other documents, instruments and agreements executed and/or delivered in connection therewith.

(d)      This Amendment is a “Loan Document” under (and as defined in) the Credit Agreement.

5.         Release of Claims.

(a)        Each of the Loan Parties, on behalf of itself and its successors, assigns, and other legal representatives, hereby absolutely, unconditionally and irrevocably releases, remises and forever discharges the Administrative Agent, the Collateral Agent and each of the Lenders, their respective successors and assigns, and their respective present and former shareholders, affiliates, subsidiaries, divisions, predecessors, directors, officers, attorneys, employees, agents and other representatives (the Administrative Agent, the Collateral Agent, the Lenders and all such other Persons 

THE CHEFS’ WAREHOUSE, INC. 10-K

being hereinafter referred to collectively as the “Releasees” and individually as a “Releasee”), of and from all demands, actions, causes of action, suits, covenants, contracts, controversies, agreements, promises, sums of money, accounts, bills, reckonings, damages and any and all other claims, counterclaims, defenses, rights of setoff, demands and liabilities whatsoever (individually, a “Claim” and collectively, “Claims”) of every name and nature, known or unknown, suspected or unsuspected, both at law and in equity, which any of the Loan Parties or any of their respective successors, assigns, or other legal representatives may now or hereafter own, hold, have or claim to have against the Releasees or any of them for, upon, or by reason of any circumstance, action, cause or thing whatsoever which arises at any time on or prior to the day and date of this Amendment, in each case in connection with the Credit Agreement or any of the other Loan Documents or transactions thereunder or related thereto.

(b)        Each of the Loan Parties understands, acknowledges and agrees that the release set forth above may be pleaded as a full and complete defense and may be used as a basis for an injunction against any action, suit or other proceeding which may be instituted, prosecuted or attempted in breach of the provisions of such release.

6.         Governing Law.   This Amendment shall be construed in accordance with and governed by the law of the State of New York.

7.         Headings.     Section  headings  in  this  Amendment  are  included  herein  for convenience of reference only and shall not constitute a part of this Amendment for any other purpose.

8.         Counterparts.  This Amendment may be executed by one or more of the parties hereto on any number of separate counterparts, and all of said counterparts taken together shall be deemed to constitute one and the same instrument.  Signatures delivered by facsimile or PDF shall have the same force and effect as manual signatures delivered in person.

[Signature Pages Follow]

THE CHEFS’ WAREHOUSE, INC. 10-K

IN WITNESS  WHEREOF,  this Amendment  has been duly executed  as of the day and year first above written.

	
		
	DAIRYLAND  USA CORPORATION

	 

	By:
	/s/ John D. Austin

	Name:
	John D. Austin

	Title:
	CFO

	
		
	THE CHEFS' WAREHOUSE MID-ATLANTIC,LLC

	 

	By:
	/s/ John D. Austin

	Name:
	John D. Austin

	Title:
	CFO

	
		
	BEL CANTO FOODS, LLC

	 

	By:
	/s/ John D. Austin

	Name:
	John D. Austin

	Title:
	CFO

	
		
	THE CHEFS' WAREHOUSE WEST COAST, LLC

	 

	By:
	/s/ John D. Austin

	Name:
	John D. Austin

	Title:
	CFO

	
		
	THE CHEFS' WAREHOUSE OF FLORIDA, LLC

	 

	By:
	/s/ John D. Austin

	Name:
	John D. Austin

	Title:
	CFO

Signature Page to Amendment  No. 9 to
Amended  and Restated  Credit Agreement  dated as of April 25, 2012, as amended  and restated  as of April  17, 2013
The Chefs'  Warehouse,  Inc. et al

THE CHEFS’ WAREHOUSE, INC. 10-K

	
	
	JPMORGAN   CHASE  BANK,   N.A.,
individually    as a Lender,  as the Swingline    Lender,  as the Issuing   Bank,  as Administrative    Agent  and as Collateral Agent

	
		
	THE CHEFS' WAREHOUSE OF FLORIDA, LLC

	 

	By:
	/s/ Joseph A. Lisack

	Name:
	Joseph A. Lisack

	Title:
	Authorized Officer

Signature  Page to Amendment No. 9 to
 Amended and Restated Credit Agreement dated as of April  25, 2012, as amended and restated as of April 17, 2013
The Chefs' Warehouse,  Inc.  et al

THE CHEFS’ WAREHOUSE, INC. 10-K

	
		
	WELLS  FARGO  BANK,  NATIONAL   ASSOCIATION, as a Lender

	 

	By:
	/s/ Thomas Pizzo

	Name:
	Thomas Pizzo

	Title:
	Senior Vice President

Signature Page to Amendment No. 9 to
Amended and Restated Credit Agreement dated as of April 25, 2012, as amended and restated as of April 17, 2013
The Chefs' Warehouse, Inc. et al

THE CHEFS’ WAREHOUSE, INC. 10-K

	
		
	BMO HARRIS FINANCING,   INC., as a Lender

	 

	By:
	/s/ Joan Spiotto Murphy

	Name:
	Joan Spiotto Murphy

	Title:
	Director

Signature Page to Amendment No. 9 to
Amended and Restated Credit Agreement dated as of April 25, 2012,  as amended and restated as of April  17, 2013
The Chefs' Warehouse, Inc. et al

THE CHEFS’ WAREHOUSE, INC. 10-K

	
		
	BRANCH  BANKING  AND TRUST  COMPANY, as a Lender

	 

	By:
	/s/ Kenneth M. Blackwell

	Name:
	Kenneth M. Blackwell

	Title:
	Senior Vice President

Signature Page to Amendment No. 9 to
Amended and Restated Credit Agreement dated as of April 25, 2012, as amended and restated as of April 17, 2013
The Chefs' Warehouse, Inc. et al

THE CHEFS’ WAREHOUSE, INC. 10-K

EXHIBIT A

Consent and Reaffirmation

Each of the undersigned hereby acknowledges receipt of a copy of the foregoing Amendment No. 9 to Amended and Restated Credit Agreement with respect to that certain Amended and Restated Credit Agreement dated as of April 25, 2012, as amended and restated as of April 17, 2013 (as the same may be further amended, restated, supplemented or otherwise modified from time to time, the “Credit Agreement”), by and among Dairyland USA Corporation, a New York corporation (“Dairyland”), The Chefs’ Warehouse Mid-Atlantic, LLC, a Delaware limited liability company (“CW Mid-Atlantic”), Bel Canto Foods, LLC, a New York limited liability company (“Bel Canto”), The Chefs’ Warehouse West Coast, LLC, a Delaware limited liability company (“CW West Coast”), and The Chefs’ Warehouse of Florida, LLC, a Delaware limited liability company (“CW Florida” and, together with Dairyland, CW Mid-Atlantic, Bel Canto and CW West Coast, the “Borrowers”), the other Loan Parties party thereto, the Lenders and JPMorgan Chase Bank, N.A., as Administrative Agent (the “Administrative Agent”), which Amendment No. 9 to Amended and Restated Credit Agreement is dated as of February 26, 2016  and is by and among the Borrowers, the financial institutions listed on the signature pages thereof and the Administrative Agent (the “Amendment”). Capitalized terms used in this Consent and Reaffirmation and not defined herein shall have the meanings given to them in the Credit Agreement.

Without in any way establishing a course of dealing by the Administrative Agent, the Collateral Agent or any Lender, each of the undersigned consents to the Amendment and reaffirms the terms and conditions of the Loan Guaranty and any other Loan Document executed by it and acknowledges and agrees that the Loan Guaranty and each and every such Loan Document executed by the undersigned in connection with the Credit Agreement remains in full force and effect and is hereby reaffirmed,  ratified  and  confirmed.     All  references  to  the  Credit  Agreement  contained  in  the above-referenced documents  shall  be  a  reference  to  the  Credit  Agreement  as  so  modified  by  the Amendment and as the same may from time to time hereafter be amended, modified or restated.

Dated February 26, 2016
[Signature Pages Follow]

THE CHEFS’ WAREHOUSE, INC. 10-K

IN WITNESS  WHEREOF,  this Consent and Reaffirmation  has been duly executed  as of the day and year above written.

	
		
	DAIRYLAND  USA CORPORATION

	 
	 

	By:
	/s/ John D. Austin

	Name:
	John D. Austin

	Title:
	CFO

	
		
	THE CHEFS'  WAREHOUSE  MID-ATLANTIC,   LLC

	 
	 

	By:
	/s/ John D. Austin

	Name:
	John D. Austin

	Title:
	CFO

	
		
	BEL CANTO FOODS, LLC

	 
	 

	By:
	/s/ John D. Austin

	Name:
	John D. Austin

	Title:
	CFO

	
		
	THE CHEFS'  WAREHOUSE  WEST COAST,  LLC

	 
	 

	By:
	/s/ John D. Austin

	Name:
	John D. Austin

	Title:
	CFO

	
		
	THE CHEFS'  WAREHOUSE  OF FLORIDA,  LLC

	 
	 

	By:
	/s/ John D. Austin

	Name:
	John D. Austin

	Title:
	CFO

Signature Page to Amendment No. 9 to
Amended and Restated Credit Agreement dated as of April 25, 2012,  as amended and restated as of April  17, 2013
The Chefs' Warehouse, Inc. et al

THE CHEFS’ WAREHOUSE, INC. 10-K

	
		
	THE CHEFS' WAREHOUSE, INC.

	 
	 

	By:
	/s/ John D. Austin

	Name:
	John D. Austin

	Title:
	CFO

	
		
	CHEFS' WAREHOUSE PARENT, LLC

	 
	 

	By:
	/s/ John D. Austin

	Name:
	John D. Austin

	Title:
	CFO

	
		
	MICHAEL'S FINER MEATS, LLC

	 
	 

	By:
	/s/ John D. Austin

	Name:
	John D. Austin

	Title:
	CFO

	
		
	MICHAEL'S FINER MEATS HOLDINGS, LLC

	 
	 

	By:
	/s/ John D. Austin

	Name:
	John D. Austin

	Title:
	CFO

	
		
	THE CHEFS' WAREHOUSE MIDWEST, LLC

	 
	 

	By:
	/s/ John D. Austin

	Name:
	John D. Austin

	Title:
	CFO

	
		
	THE CHEFS' WAREHOUSE PASTRY DIVISION, INC.

	 
	 

	By:
	/s/ John D. Austin

	Name:
	John D. Austin

	Title:
	CFO

Signature Page to Amendment No. 9 to
Amended and Restated Credit Agreement dated as of April 25, 2012,  as amended and restated as of April  17, 2013
The Chefs' Warehouse, Inc. et al

THE CHEFS’ WAREHOUSE, INC. 10-K

	
		
	QZ ACQUISITION (USA), INC.

	 
	 

	By:
	/s/ John D. Austin

	Name:
	John D. Austin

	Title:
	CFO

	
		
	QZINA SPECIALTY FOODS NORTH AMERICA (USA), INC.

	 
	 

	By:
	/s/ John D. Austin

	Name:
	John D. Austin

	Title:
	CFO

	
		
	QZINA SPECIALTY FOODS, INC., a Florida corporation

	 
	 

	By:
	/s/ John D. Austin

	Name:
	John D. Austin

	Title:
	CFO

	
		
	QZINA SPECIALTY FOODS, INC., a Washington corporation

	 
	 

	By:
	/s/ John D. Austin

	Name:
	John D. Austin

	Title:
	CFO

	
		
	QZINA SPECIALTY FOODS (AMBASSADOR), INC.

	 
	 

	By:
	/s/ John D. Austin

	Name:
	John D. Austin

	Title:
	CFO

	
		
	CW LV REAL ESTATE LLC

	 
	 

	By:
	/s/ John D. Austin

	Name:
	John D. Austin

	Title:
	CFO

Signature Page to Amendment No. 9 to
Amended and Restated Credit Agreement dated as of April 25, 2012,  as amended and restated as of April  17, 2013
The Chefs' Warehouse, Inc. et al

THE CHEFS’ WAREHOUSE, INC. 10-K

	
		
	ALLEN BROTHERS 1893, LLC

	 
	 

	By:
	/s/ John D. Austin

	Name:
	John D. Austin

	Title:
	CFO

	
		
	THE GREAT STEAKHOUSE STEAKS, LLC

	 
	 

	By:
	/s/ John D. Austin

	Name:
	John D. Austin

	Title:
	CFO

	
		
	DEL MONTE CAPITOL MEAT COMPANY HOLDINGS, LLC

	 
	 

	By:
	/s/ John D. Austin

	Name:
	John D. Austin

	Title:
	CFO

	
		
	DEL MONTE CAPITOL MEAT COMPANY, LLC

	 
	 

	By:
	/s/ John D. Austin

	Name:
	John D. Austin

	Title:
	CFO

Signature Page to Amendment No. 9 to
Amended and Restated Credit Agreement dated as of April 25, 2012,  as amended and restated as of April  17, 2013
The Chefs' Warehouse, Inc. et al

THE CHEFS’ WAREHOUSE, INC. 10-K

EXHIBIT B

Form of Amendment to Prudential Note Agreement

[Attached]Exhibit

THE CHEFS’ WAREHOUSE, INC. 10-K

Exhibit 10.48

WAIVER AND AMENDMENT NO. 7 TO NOTE PURCHASE AND GUARANTEE AGREEMENT

THIS WAIVER AND AMENDMENT NO. 7 TO NOTE PURCHASE AND GUARANTEE AGREEMENT (this “Amendment”) is made as of   December 18, 2015 by and among Dairyland  USA  Corporation,  a  New  York  corporation  (“Dairyland”),  The  Chefs’  Warehouse  Mid- Atlantic, LLC, a Delaware limited liability company (“CW Mid-Atlantic”), Bel Canto Foods, LLC, a New York limited liability company (“Bel Canto”), The Chefs’ Warehouse West Coast, LLC, a Delaware limited liability company (“CW West Coast”), and The Chefs’ Warehouse of Florida, LLC, a Delaware limited liability company (“CW Florida”, and together with Dairyland, CW Mid-Atlantic, Bel Canto and CW West Coast, the “Issuers”), each of the Guarantors whose names appear on the signature pages hereto (together with the Issuers, collectively, the “Obligors”), and each of the holders of the Notes whose names appear on the signature pages hereto (each a “Noteholder” and collectively, the “Noteholders”).

WHEREAS, the Obligors and the Noteholders are party to that certain Note Purchase and Guarantee Agreement dated as of April 17, 2013, as amended by that certain Amendment No. 1 to Note Purchase and Guarantee Agreement dated as of July 23, 2014, that certain Amendment No. 2 to Note Purchase and Guarantee Agreement dated as of November 4, 2014, that certain Amendment No. 3 to Note Purchase and Guarantee Agreement dated as of December 3, 2014, that certain Amendment No. 4 to Note Purchase and Guarantee Agreement dated as of January 9, 2015, that certain Supplemental Note Purchase and Guarantee Agreement and Amendment Agreement dated as of April 6, 2015 and that certain Amendment No. 6 to Note Purchase and Guarantee Agreement dated as of July 1, 2015 (as so amended and supplemented, and as may be further amended, restated, supplemented or otherwise modified from time  to  time,  the  “Note  Purchase  Agreement”),  pursuant  to  which  the  Issuers  issued  and  sold  (i)
$100,000,000 in aggregate principal amount of their Guaranteed Senior Secured Notes due April 17, 2023 (as amended, restated or otherwise modified from time to time pursuant to Section 18 of the Note Purchase Agreement and including any such notes issued in substitution therefor pursuant to Section 13 of the Note Purchase Agreement, the “Series A Notes”), and (ii) $25,000,000 in aggregate principal amount of their 5.80% Series B Guaranteed Senior Secured Notes due October 17, 2020 (as amended, restated or otherwise modified from time to time pursuant to Section 18 of the Note Purchase Agreement and including any such notes issued in substitution therefor pursuant to Section 13 of the Note Purchase Agreement, the “Series B Notes”; and together with the Series A Notes, collectively, the “Notes”);

WHEREAS, the Obligors have requested that the Required Holders agree to certain amendments and waivers to the Note Purchase Agreement;

WHEREAS,  the  Obligors  and  the  Noteholders  have  so  agreed  on  the  terms  and conditions set forth herein;

THE CHEFS’ WAREHOUSE, INC. 10-K

WHEREAS, the Noteholders constitute the Required Holders;

NOW, THEREFORE, in consideration of the premises set forth above, the terms and conditions contained herein, and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Obligors and the Noteholders hereby agree to enter into this Amendment.

1.         Definitions.   All capitalized terms used herein and not otherwise defined shall have the meanings provided for in the Note Purchase Agreement.

2.         Amendments to the Note Purchase Agreement.  Subject to the satisfaction of the conditions precedent set forth in Section 4 below, and effective as of the date such conditions are satisfied, the parties hereto agree that the Note Purchase Agreement is hereby amended as follows, with the effect from June 30, 2015:

(a)        Section  10.13(c)(i)  of  the  Note  Purchase  Agreement  is  hereby  amended  by adding the following sentence at the end thereof:

“Notwithstanding  the  foregoing,  for  purposes  of  determining  compliance  with  this Section 10.13(c)(i), up to $6,518,000 of Capital Expenditures incurred or made on or prior to September 25, 2015 by the Obligors and their Subsidiaries in connection with the Specified Las Vegas Transaction shall be deemed to be excluded when calculating the aggregate amount of Capital Expenditures incurred or made by the Obligors and their Subsidiaries during the 2015 Fiscal Year.”

(b)        Section 10.13(c)(ii) of the Note Purchase Agreement is hereby amended to add the phrase “occurring after the 2016 Fiscal Year” immediately following the phrase “in respect of any Fiscal Year” in the first sentence thereof.

3.         Waivers.   For the avoidance of doubt, the Noteholders hereby waive (i) any non-compliance with Section 10.13(c) of the Note Purchase Agreement (as in effect prior to the effectiveness of this Amendment) due to the Obligors and their Subsidiaries making Capital Expenditures during the 2015 Fiscal Year in excess of $17,000,000, (ii) any non-compliance with Section  8.3 of the Note Purchase Agreement relating to the requirement to offer to prepay a portion  of  the  Notes  held  by  such  holder  equal  to  such  holder’s  Ratable  Portion  of  the  Relevant Designated Net Proceeds received in connection with the Specified Las Vegas Transaction, (iii) any incorrect representation or warranty made by the Obligors pursuant to Section 7.2(b) of the Note Purchase Agreement (solely to the extent incorrect as a result of the events described in clauses (i), (ii) and/or (iv) of this paragraph) and (iv) any non-compliance with Section 7.1(g) of the Note Purchase Agreement as a result of any failure of 

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THE CHEFS’ WAREHOUSE, INC. 10-K

the Obligors to provide timely notice of the foregoing.  This specific waiver shall not be construed to constitute (1) a waiver of any other  event,  circumstance  or  condition  or  of  any  other  right  or  remedy  available  to  any Noteholder pursuant to the Note Purchase Agreement or any other Financing Document or (2) a course of dealing or a consent to any departure by the Issuers or any other Obligor from any other term or requirement of the Note Purchase Agreement or any other Financing Document.

4.         Conditions of Effectiveness.  The effectiveness of this Amendment is subject to the following conditions precedent, each to be in form and substance satisfactory to the Noteholders:

(a)        each  Noteholder  shall  have  received  counterparts  of  this  Amendment  duly executed by the Obligors and the Noteholders;

(b)        each Noteholder shall have received a fully executed copy of an amendment to the Bank Credit Agreement, which amendment shall be substantially in the form set forth on Exhibit A hereto and in full force and effect (the “Bank Amendment”);

(c)        The Chefs’ Warehouse, Inc. shall have paid to each Noteholder, in consideration of the agreements of such Noteholder contained herein, by wire transfer of immediately available funds, a fee, whether or not such holder has signed this Amendment, in an amount equal to 0.10% (10 basis points) of the aggregate outstanding principal amount of Notes held by such Noteholder; such fee shall be deemed earned when paid and shall be nonrefundable; and

(d)        the Noteholders shall have received payment and/or reimbursement of their fees and expenses (including, without limitation, all fees and expenses of counsel for the Noteholders to the extent invoiced in reasonable detail on or prior to the date hereof) in connection with this Amendment and the other Financing Documents.

5.         Representations and Warranties of the Obligors.  Each Obligor hereby represents and warrants as follows:

(a)        This  Amendment  and  the  Note  Purchase  Agreement  as  modified  hereby constitute legal, valid and binding obligations of such Obligor and are enforceable against such Obligor in accordance with their terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

(b)        As of the date hereof and after giving effect to the terms of this Amendment, (i) no Default has occurred and is continuing and (ii) the representations and warranties of the Obligors set forth in the Note Purchase Agreement, as amended hereby, are true and correct in all material respects (except that any representation or warranty that is qualified as to materiality shall be true and 

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THE CHEFS’ WAREHOUSE, INC. 10-K

correct in all respects), it being understood and agreed that any representation or warranty which by its terms expressly relates to a specified date shall be required to be true and correct only as of such specified date.

6.         Confirmation and Ratification of Guaranteed Obligations.   By executing this Amendment, each of the Guarantors hereby (a) consents to this Amendment, (b) acknowledges that, notwithstanding the execution and delivery of the Amendment, the obligations of each of the Guarantors under the Guaranty continue in full force and effect and are not impaired or affected, and the Guaranty continues in full force and effect and shall apply to the Guaranteed Obligations as amended by this Amendment, and (c) affirms and ratifies the Guaranty, any other Financing Document executed by it and the Guaranteed Obligations in all respects.

7.         Reference to and Effect on the Note Purchase Agreement.

(a)        Upon the effectiveness hereof, each reference to the Note Purchase Agreement in the Note Purchase Agreement or any other Financing Document shall mean and be a reference to the Note Purchase Agreement as amended hereby.

(b)        Each Financing Document and all other documents, instruments and agreements executed and/or delivered in connection therewith shall remain in full force and effect and are hereby ratified and confirmed.

(c)        Except with respect to the subject matter hereof, the execution, delivery and effectiveness of this Amendment shall not operate as a waiver of any right, power or remedy of the Noteholders, nor constitute a waiver of any provision of the Note Purchase Agreement, any other Financing Document or any other documents, instruments or agreements executed and/or delivered in connection therewith.
(d)    This Amendment constitutes a "Financing Document" under ( and as defined in the Note Purchase Agreement.
8.         Release of Claims.

(a)        Each of the Obligors, on behalf of itself and its successors, assigns, and other legal representatives, hereby absolutely, unconditionally and irrevocably releases, remises and forever discharges the Noteholders, their respective successors and assigns, and their respective present and former shareholders, affiliates, subsidiaries, divisions, predecessors, directors, officers, attorneys, employees, agents and other representatives (the Noteholders and all such other Persons being hereinafter referred to collectively as the “Releasees” and individually as a “Releasee”), of and from all demands, actions, causes of action, suits, covenants, contracts, controversies, agreements, promises, sums of money, accounts, bills, reckonings, damages and any and all other claims, counterclaims, defenses, rights of setoff, demands and liabilities whatsoever (individually, a “Claim” and collectively, “Claims”) of every name and nature, known or unknown, suspected or unsuspected, both at law and in equity, which any of the Obligors or any of their respective successors, assigns, or other legal 

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THE CHEFS’ WAREHOUSE, INC. 10-K

representatives may now or hereafter own, hold, have or claim to have against the Releasees or any of them for, upon, or by reason of any circumstance, action, cause or thing whatsoever which arises at any time on or prior to the day and date of this Agreement, in each case in connection with the Note Purchase Agreement or any of the other Financing Documents or transactions thereunder or related thereto.

(b)        Each of the Obligors understands, acknowledges and agrees that the release set forth above may be pleaded as a full and complete defense and may be used as a basis for an injunction against any action, suit or other proceeding which may be instituted, prosecuted or attempted in breach of the provisions of such release.

9.         Governing Law.  This Amendment shall be construed and enforced in accordance with, and the rights of the parties hereto shall be governed by, the law of the State of New York excluding choice of law principles that would permit the application of the laws of a different jurisdiction.

10.       Headings.     Section  headings  in  this  Amendment  are  included  herein  for convenience of reference only and shall not constitute a part of this Amendment for any other purpose.

11.       Counterparts.  This Amendment may be executed by one or more of the parties hereto on any number of separate counterparts, and all of said counterparts taken together shall be deemed to constitute one and the same instrument.  Signatures delivered by facsimile or PDF shall have the same force and effect as manual signatures delivered in person.

[Signature Pages Follow]

5

THE CHEFS’ WAREHOUSE, INC. 10-K

IN WITNESS  WHEREOF,  this Amendment  has been duly executed  as of the day and year first above written.

	
		
	ISSUERS:

	 
	 

	DAIRYLAND  USA CORPORATION

	 

	By:
	/s/ John D. Austin

	Name:
	John D. Austin

	Title:
	CFO

	
		
	THE CHEFS' WAREHOUSE MID-ATLANTIC,LLC

	 
	 

	By:
	/s/ John D. Austin

	Name:
	John D. Austin

	Title:
	CFO

	
		
	BEL CANTO FOODS, LLC

	 
	 

	By:
	/s/ John D. Austin

	Name:
	John D. Austin

	Title:
	CFO

	
		
	THE CHEFS' WAREHOUSE WEST COAST, LLC

	 
	 

	By:
	/s/ John D. Austin

	Name:
	John D. Austin

	Title:
	CFO

	
		
	THE CHEFS' WAREHOUSE OF FLORIDA, LLC

	 
	 

	By:
	/s/ John D. Austin

	Name:
	John D. Austin

	Title:
	CFO

[Chefs' Warehouse - Signature Page to Amendment No. 7 to Note Purchase and Guarantee Agreement - Chefs' Warehouse]

THE CHEFS’ WAREHOUSE, INC. 10-K

	
		
	GUARANTORS:

	 

	THE CHEFS' WAREHOUSE, INC.

	 
	 

	By:
	/s/ John D. Austin

	Name:
	John D. Austin

	Title:
	CFO

	
		
	CHEFS' WAREHOUSE PARENT, LLC

	 
	 

	By:
	/s/ John D. Austin

	Name:
	John D. Austin

	Title:
	CFO

	
		
	MICHAEL'S FINER MEATS, LLC

	 
	 

	By:
	/s/ John D. Austin

	Name:
	John D. Austin

	Title:
	CFO

	
		
	MICHAEL'S FINER MEATS HOLDINGS, LLC

	 
	 

	By:
	/s/ John D. Austin

	Name:
	John D. Austin

	Title:
	CFO

	
		
	THE CHEFS' WAREHOUSE MIDWEST, LLC

	 
	 

	By:
	/s/ John D. Austin

	Name:
	John D. Austin

	Title:
	CFO

	
		
	THE CHEFS' WAREHOUSE PASTRY DIVISION, INC.

	 
	 

	By:
	/s/ John D. Austin

	Name:
	John D. Austin

	Title:
	CFO

[Chefs' Warehouse - Signature Page to Amendment No. 7 to Note Purchase and Guarantee Agreement - Chefs' Warehouse]

THE CHEFS’ WAREHOUSE, INC. 10-K

	
		
	QZ ACQUISITION (USA), INC.

	 
	 

	By:
	/s/ John D. Austin

	Name:
	John D. Austin

	Title:
	CFO

	
		
	QZINA SPECIALTY FOODS NORTH AMERICA (USA), INC.

	 
	 

	By:
	/s/ John D. Austin

	Name:
	John D. Austin

	Title:
	CFO

	
		
	QZINA SPECIALTY FOODS, INC., a Florida corporation

	 
	 

	By:
	/s/ John D. Austin

	Name:
	John D. Austin

	Title:
	CFO

	
		
	QZINA SPECIALTY FOODS, INC., a Washington corporation

	 
	 

	By:
	/s/ John D. Austin

	Name:
	John D. Austin

	Title:
	CFO

	
		
	QZINA SPECIALTY FOODS (AMBASSADOR), INC.

	 
	 

	By:
	/s/ John D. Austin

	Name:
	John D. Austin

	Title:
	CFO

	
		
	CW LV REAL ESTATE LLC

	 
	 

	By:
	/s/ John D. Austin

	Name:
	John D. Austin

	Title:
	CFO

[Chefs' Warehouse - Signature Page to Amendment No. 7 to Note Purchase and Guarantee Agreement - Chefs' Warehouse]

THE CHEFS’ WAREHOUSE, INC. 10-K

	
		
	ALLEN BROTHERS 1893, LLC

	 
	 

	By:
	/s/ John D. Austin

	Name:
	John D. Austin

	Title:
	CFO

	
		
	THE GREAT STEAKHOUSE STEAKS, LLC

	 
	 

	By:
	/s/ John D. Austin

	Name:
	John D. Austin

	Title:
	CFO

	
		
	DEL MONTE CAPITOL MEAT COMPANY HOLDINGS, LLC

	 
	 

	By:
	/s/ John D. Austin

	Name:
	John D. Austin

	Title:
	CFO

	
		
	DEL MONTE CAPITOL MEAT COMPANY, LLC

	 
	 

	By:
	/s/ John D. Austin

	Name:
	John D. Austin

	Title:
	CFO

[Chefs' Warehouse - Signature Page to Amendment No. 7 to Note Purchase and Guarantee Agreement - Chefs' Warehouse]

THE CHEFS’ WAREHOUSE, INC. 10-K

	
		
	NOTEHOLDERS:

	 
	 

	THE PRUDENTIAL INSURANCE COMPANY OF AMERICA

	 
	 

	By:
	/s/ Tannis Fussell

	Name:
	Tannis Fussell

	Title:
	Vice President

	
		
	PRUCO LIFE INSURNACE COMPANY

	 
	 

	By:
	/s/ Tannis Fussell

	Name:
	Tannis Fussell

	Title:
	Assistant Vice President

	
			
	PRUDENTIAL ARIZONA REINSURANCE CAPTIVE COMPANY

	 
	 
	 

	By:
	 
	Prudential Investment Management, Inc.
as investment manager

	 
	By:
	/s/ Tannis Fussell

	 
	Name:
	Tannis Fussell

	 
	Title:
	Vice President

	
			
	PRUDENTIAL RETIREMENT INSURANCE AND ANNUITY COMPANY

	 
	 
	 

	By:
	 
	Prudential Investment Management, Inc.,
as investment manager

	 
	By:
	/s/ Tannis Fussell

	 
	Name:
	Tannis Fussell

	 
	Title:
	Vice President

[Chefs' Warehouse - Signature Page to Amendment No. 7 to Note Purchase and Guarantee Agreement - Chefs' Warheouse]

THE CHEFS’ WAREHOUSE, INC. 10-K

Exhibit A

Bank Amendment

 Exhibit A-1

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