Document:

EX-10.11

 Exhibit 10.11 

AMENDMENT TO 

SOUTHEASTERN GROCERY HOLDINGS, LLC 

2012 EXECUTIVE INCENTIVE POOL PLAN 

(f/k/a BI-LO HOLDING, LLC 

2012 EXECUTIVE INCENTIVE POOL PLAN) 

This amendment (“Amendment”) to the Southeastern Grocery Holdings, LLC 2012 Executive Incentive Pool Plan (f/k/a BI-LO
Holding, LLC 2012 Executive Incentive Pool Plan) (the “Plan”) is entered into and effective as of this 19th day of September, 2013. Capitalized terms used in this Amendment and not otherwise defined shall have the meanings ascribed
to them in the Plan. 
 Section 5.1 of the Plan is hereby deleted in its entirety and replaced with the following: 

Section 5.1 Amount of Incentive Pool Payments. The value of the benefit to be paid to or with respect to Participant pursuant to this
Article 5 shall be determined as of the closing date of each Monetization Event by (a) dividing the number of the Participant’s vested Pool Units by the maximum number of Pool Units available for issuance pursuant under the Plan as set forth in
Section 3.4 hereof, (b) multiplying the quotient obtained in Section 5.1(a) by the applicable CD Participation Amount or ME Participation Amount credited to the Incentive Pool pursuant to Section 3.3 and Exhibit A hereof, and (c) subtracting from
the product obtained in Section 5.1(b) all prior payments made to the Participant pursuant to this Section 5.1. 
 IN WITNESS WHEREOF, the
undersigned Committee has executed this Amendment effective as of the date set forth above. 
  

	
	
	/s/ Brad Boggess
	Brad BoggessEX-10.12

 Exhibit 10.12 

BI-LO HOLDING, LLC 

ANNUAL INCENTIVE PLAN 
  

	1.	Establishment and Purpose 

 This BI-LO Holding, LLC Annual Incentive Plan (this
“AIP”) is established by BI-LO Holding, LLC (the “Company”) for eligible Company employees identified as critical to the successful achievement of the Company’s business goals. This AIP must be approved by
resolution of the Board of Directors of the Company (the “Board”). The purpose of this AIP is to provide an incentive to promote the attainment of significant business objectives of the Company by basing a portion of each eligible
employee’s compensation on the performance of such employee and the Company. 
  

	2.	Eligibility 

  

	 	(a)	The Board, in its sole discretion, shall determine the employees eligible to participate in this AIP, which positions will be listed on Exhibit A hereto, which Exhibit A may be amended by the Board from
time to time. Each employee selected for participation in this AIP (a “Participant”) will be notified of their participation. 

  

	 	(b)	Bonus payouts for employees who become Participants after the start of the annual bonus time period will be pro-rated based on the number of days spent as a Participant unless such employee becomes a Participant during
the last month of the fiscal year, in which case no bonus payout shall be made to such employee for that year. 

  

	3.	Operation of Plan 

  

	 	(a)	Administration. This AIP is administered by the Board. Performance goals will generally be established by the Board before or promptly following the beginning of each fiscal year and the attainment of such goals
shall be approved by the Board prior to any payouts hereunder. 

  

	 	(b)	Design Features. 

  

	 	(1)	General. 

  

	 	(A)	Payouts made under this AIP to the President and Chief Executive Officer (“CEO”) must be approved by, and are subject to the discretion of, the Board. Payouts made under this AIP to all other
Participants must be approved by, and are subject to the discretion of, the Board based on a recommendation from the CEO. 

  

	 	(B)	All payouts made under this AIP will have two bonus components (the “Bonus Components”): (1) adjusted earnings before interest, taxes, depreciation and amortization (“Adjusted
EBITDA”), and (2) same-store sales (“Same-Store Sales”). 

  
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	 	(C)	For the Adjusted EBITDA and Same-Store Sales Bonus Components, the levels of business performance that constitute Threshold, Target and Maximum achievement for any given bonus time period shall be set forth in
Exhibit B hereto, as amended by the Board from time to time. 

  

	 	(D)	The Target payout for Participants shall also be forth in Exhibit A hereto, which Exhibit A may be amended by the Board from time to time. 

 

	 	(E)	A Threshold payout is equal to 50% of a Target payout and a Maximum payout is equal to 200% of a Target payout. Further information on the calculation of bonus payouts is provided in Section 5 of this AIP.

  

	 	(F)	The weighting of each Bonus Component is as follows, which weighting may be amended by the Board from time to time: 

  

					
	 Bonus Component
	  	Weighted
Percentage	 
	 Adjusted EBITDA
	  	 	50	% 
	 Same-Store Sales
	  	 	50	% 

  

	 	(2)	Minimum Adjusted EBITDA Requirements for Above Target Payments. Bonus payments for the Same-Store Sales Bonus award will not be paid unless the Company achieves at least the Threshold payout level for Adjusted
EBITDA for the relevant bonus time period. 

  

	4.	Payments 

  

	 	(a)	To be entitled to receive a payout under this AIP, a Participant must be actively employed with the Company on the date the bonus is paid. In the event that a Participant’s employment is terminated for any reason
before payments under this AIP are delivered, no payment will be made. Notwithstanding the foregoing, a Participant whose death falls in the window between the end of the relevant bonus time period and the date bonuses are delivered is eligible to
receive a bonus payout. 

  

	 	(b)	As required by law, all payouts under this AIP are subject to applicable federal, state and local tax withholdings. 

  

	 	(c)	The Company will endeavor to deliver payouts under the AIP within seventy-five (75) days of the end of each measuring period under this AIP. 

  
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	5.	General 

  

	 	(a)	Actual and budgeted results will be rounded to the 2nd decimal prior to calculations, if applicable. 

  

	 	(b)	Payouts under this AIP will be interpolated in a linear fashion between Threshold and Target and separately between Target and Maximum levels. Payouts under the AIP are capped at the Maximum payout level.

  

	6.	Bonus Repayment 

  

	 	(a)	To the extent permitted by governing law, the Board may require reimbursement to the Company of bonuses paid to any Participant, where (i) the payment was predicated in whole or in part upon the achievement of
certain financial results that were subsequently the subject of a material restatement, and (ii) a lower bonus payment would have been made to the Participant based upon the restated financial results. 

In each such instance, the Company will, as directed by the Board and to the extent practicable, seek to recover the amount by which the
individual Participant’s bonus for the relevant period exceeded the lower bonus payment that would have been made based on the restated financial results, plus a reasonable rate of interest. 

 

	 	(b)	The Company may also seek reimbursement of bonuses paid to Participants in other circumstances involving fraud or misconduct by the Participant where the Board determines that such fraud or misconduct caused substantial
harm to the Company even in the absence of a subsequent restatement of the Company’s financial statements. 

  

	7.	Amendments and Discontinuance 

 The Company hereby reserves the right to amend,
modify or terminate any or all parts of this AIP at any time. All bonuses are payable at the discretion of the Company. For all Participants other than the CEO), individual payouts are subject to adjustment at the discretion of either the Board or
the CEO. Individual payouts for the CEO are subject to adjustment at the discretion of the Board. 
  

	8.	Applicable Law 

 This Plan shall be governed and construed in accordance with the
laws of the state of Delaware. 

  
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 IN WITNESS WHEREOF, this BI-LO Holding, LLC Annual Incentive Plan has been executed on
this 31 day of December, 2012. 
  

			
	BI-LO HOLDING, LLC
		
	By:	 	/s/ Bradley P. Boggess
	Name:	 	Bradley P. Boggess
	Title:	 	Director

  
 4EX-10.13

 Exhibit 10.13 

ASSIGNMENT AND ASSUMPTION AGREEMENT 

This ASSIGNMENT AND ASSUMPTION AGREEMENT (this “Agreement”) is made as of September 24, 2013 by and among Southeastern
Grocers, LLC (“Southeastern Grocers” and the “Assignor”), and LSF Southeastern Grocery Holdings, LLC (the “Assignee”). 

WHEREAS, Southeastern Grocers sponsors the 2012 Executive Incentive Pool Plan (the “Plan”); and 

WHEREAS, the parties hereto desire for the Assignor to transfer the Plan and all related obligations from the Assignor to the Assignee. 

NOW, THEREFORE, in consideration of the foregoing and other good and valuable consideration, the receipt and sufficiency of which are hereby
acknowledged, each of the parties hereto agrees as follows: 
 1. Assignment and Assumption. The Assignor hereby assign and transfer
to the Assignee, effective as of September 24, 2013, all rights, title, interest and obligations of the Assignor in and under the Plan, and the Assignee hereby accepts such assignment and agrees with the Assignor to assume and to fully and
faithfully perform the obligations of the Assignor with respect to the Plan. 
 2. Entire Agreement. This Agreement constitutes the
entire agreement of the parties hereto with respect to the subject matter hereof and supersedes all prior agreements and undertakings, both written and oral, between the Assignor and the Assignee with respect to the subject matter hereof. 

3. No Third-Party Beneficiaries. This Agreement shall be binding upon and inure solely to the benefit of the parties hereto and their
respective successors and permitted assigns and nothing herein, express or implied, is intended to or shall confer upon any other person any legal or equitable right, benefit or remedy of any nature whatsoever, including any rights of employment for
any specified period, under or by reason of this Agreement. 
 4. Counterparts. This Agreement may be executed and delivered
(including by facsimile or other electronic transmission) in one or more counterparts, and by the different parties hereto in separate counterparts, each of which when executed shall be deemed to be an original, but all of which taken together shall
constitute one and the same agreement. 
 [signature page follows] 

 IN WITNESS WHEREOF, the Assignor and the Assignee have caused this Assignment and Assumption
Agreement to be executed and delivered on the date and year first written above. 
  

			
	ASSIGNOR:
	
	SOUTHEASTERN GROCERS, LLC
		
	By:	 	 /s/ Brad Boggess

		 	Brad Boggess, Manager
	
	ASSIGNEE:
	
	LSF SOUTHEASTERN GROCERY HOLDINGS, LLC
		
	By:	 	 /s/ Kyle Volluz

		 	Kyle Volluz, Vice President

 [Signature Page for Assignment and Assumption Agreement]

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