Document:

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                                                                   Exhibit 10.16

                         PLEDGE AND SECURITY AGREEMENT

      This Pledge and Security Agreement (the "Agreement"), dated as of
September 27, 1999, is made by Gary E. Stevenson, an individual (the "Grantor"),
and HF Holdings, Inc., a Delaware corporation (the "Company").

      WHEREAS, the Grantor is the legal and beneficial owner of certain capital
stock of the Company;

      WHEREAS, the Grantor is also the legal and beneficial owner of certain
membership interests in HF Investment Holdings, LLC, a Delaware limited
liability company ("Holdings LLC");

      WHEREAS, it is a condition precedent to the making by the Company of a
loan to the Grantor under that certain $990,660 Non-Recourse Note, dated
September 27, 1999 (the "Note"), made by the Grantor to the Company, that the
Grantor execute and deliver a pledge and security agreement in substantially the
form hereof; and

      WHEREAS, the Grantor wishes to grant pledges and security interests in the
"Collateral" more particularly described hereinbelow in favor of the Company,
all as herein provided.

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

      SECTION 1. Definition of Terms. All capitalized terms not otherwise
defined herein shall have the respective meanings ascribed to such terms in the
Note.

      SECTION 2. Grant of Security Interest. The Grantor hereby pledges and
assigns to the Company and grants to the Company a first priority security
interest in the following (the "Collateral"):

            (i) the membership interest held by such Grantor in Holdings LLC
      (the "LLC Interests"), as set forth in Schedule A attached hereto and
      incorporated herein, all rights and powers accruing to such LLC Interests,
      whether by contract, statute or operation of law or otherwise, all
      certificates (if any) representing such LLC Interests and, subject to the
      provisions of Section 7 hereof, all dividends, cash, instruments and other
      property (including, without limitation, all distributions of capital or
      alternative securities pursuant to any recapitalization, restructuring or
      dissolution of the Company) from time to time received, receivable or
      otherwise distributed in respect of or in exchange for any or all of such
      LLC Interests; and

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            (ii) the shares of capital stock held by such Grantor in the Company
      (collectively, the "Grantor Stock"), also as set forth in Schedule A
      attached hereto and incorporated herein, all rights and powers accruing to
      such Grantor Stock, whether by contract, statute or operation of law or
      otherwise, all securities issued in exchange or substitution for such
      Grantor Stock, all certificates (if any) representing such Grantor Stock
      and, subject to the provisions of Section 7 hereof, all dividends, cash,
      instruments and other property (including without limitation all
      distributions of capital or alternative securities pursuant to any
      recapitalization, restructuring or dissolution of the Company) from time
      to time received, receivable or otherwise distributed in respect of or in
      exchange for any or all of such Grantor Stock.

      SECTION 3. Security for Obligations. This Agreement and the security
interest granted hereby are made in order to secure the payment and performance
in full of all payment obligations of the Grantor for principal, interest and
expenses arising under the Note (the "Obligations").

      SECTION 4. Delivery of Collateral. The Grantor has herewith delivered all
certificates or instruments representing or evidencing the Collateral to the
Company, accompanied by duly executed instruments of transfer or assignment in
blank, all in form and substance reasonably satisfactory to the Company. All
additional securities or interests which may hereafter be acquired by the
Grantor and become part of the Collateral shall, if certificated, also be
delivered to the Company in suitable form for transfer and shall be accompanied
by similar executed instruments of transfer or assignments in blank.

      SECTION 5. Representations and Warranties. The Grantor represents and
warrants as follows with respect to the Collateral pledged by such Grantor
pursuant to Section 2 hereof:

            (a) The Grantor has good and marketable title to, and is the legal
and beneficial owner of the Collateral attributable to it as shown on Schedule A
attached hereto, free and clear of any lien, security interest, option or other
charge or encumbrance, except for (i) the restrictions imposed by the Holdings
LLC Limited Liability Company Agreement (the "LLC Agreement"), dated as of the
ICON Restructuring closing, (ii) the Company Stockholders Agreement (the
"Stockholders Agreement"), also dated as of the ICON Restructuring closing, and
(iii) the security interests created by this Agreement.

            (b) The pledge and assignment of the Collateral to the Company
pursuant to this Agreement creates a valid security interest in the Collateral,
securing the payment of the Obligations. Upon the filing of appropriate
financing statements describing the LLC Interests, such security interest will
be a perfected first priority security interest as to the LLC Interests. Upon
the delivery of the share certificates representing the Grantor Stock,
accompanied by stock powers or other appropriate instruments of assignment
thereof duly executed in blank by the Grantor, such security interest will be a
perfected first priority security interest as to the Grantor Stock.

                                    -2-

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            (c) No authorization, consent, approval, or other action by, and no
notice to or filing with any person, including, without limitation, any
governmental authority or regulatory body, is required for (i) the execution and
delivery of, and performance of its obligations under, this Agreement by the
Grantor (except such authorizations, consents, approvals, actions, notices or
filings which have already been obtained).

            (d) The Grantor has full power, authority and legal right to
execute, deliver and perform its obligations under this Agreement and to pledge
and grant a security interest in the Collateral pursuant to this Agreement, and
the execution, delivery and performance hereof and the pledge and assignment of
a security interest in the Collateral hereunder do not contravene any law, rule
or regulation applicable to Grantor, or constitute a violation or breach of any
judgment, decree, contract, agreement or instrument to which the Grantor is a
party or by which it or any of its properties is bound.

            (e) This Agreement is the legal, valid and binding obligation of the
Grantor enforceable against the Grantor in accordance with its terms, subject to
bankruptcy, insolvency and similar laws of general application affecting the
rights and remedies of creditors, equitable principles, and, with respect to the
availability of remedy of specific enforcement, subject to the discretion of the
court before which proceedings therefor may be brought.

            (f) The principal residence of the Grantor is set forth on the
signature page hereto. Grantor will not change the address of its principal
place of residence, unless Grantor has given written notice of any such
alteration or change to the Company no less than ten (10) business days prior
thereto.

      SECTION 6. Further Assurances. The Grantor agrees that at any time and
from time to time it will promptly execute and deliver all further instruments
and documents, and take all further action, that may be reasonably necessary, or
that the Company may reasonably request, in order to defend the right, title and
security interest of the Company against the claims and demands of others, to
perfect and protect any security interest granted or purported to be granted
hereby or to enable the Company to exercise and enforce its rights and remedies
hereunder with respect to any Collateral.

      SECTION 7.  Voting Rights; Dividends; Etc.

            (a) So long as no Event of Default under the Note shall have
occurred and be continuing:

                (i) The Grantor shall be entitled to exercise any and all voting
      and other consensual rights (including without limitation all powers of
      consent, approval, designation and removal) pertaining to the Collateral
      or any part thereof for any purpose not inconsistent with the terms of
      this Agreement or the Note.

                                    -3-

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               (ii) The Company shall execute and deliver (or cause to be
      executed and delivered) to the Grantor all such proxies and other
      instruments as the Grantor may reasonably request for the purpose of
      enabling it to exercise the voting and other rights which the Grantor is
      entitled to exercise pursuant to paragraph (i) above.

              (iii) The Grantor shall be entitled to receive, retain and
      distribute all regularly scheduled periodic cash dividends on the Grantor
      Stock (including without limitation any portion thereof received by
      Holdings LLC and distributed thereunder) and all regularly scheduled
      periodic cash distributions on the LLC Interests, and, with respect to all
      other cash dividends or other cash distributions upon the Collateral at
      any time (including without limitation any portion thereof received by
      Holdings LLC and distributed thereunder), Grantor shall be entitled to
      receive, retain and distribute only such amount thereof as is necessary to
      pay any federal, state or local taxes of any kind required by law to be
      paid by the Grantor thereon and the remainder thereof, together with all
      other dividends or other distributions, shall remain as part of the
      Collateral pursuant to Section 2 hereof.

            (b) Upon the occurrence and during the continuance of an Event of
Default, all rights of the Grantor to exercise the voting and other consensual
rights (including without limitation all powers of consent, approval,
designation and removal) and to receive dividends or distributions which such
Grantor would otherwise be entitled to exercise or receive pursuant to paragraph
(a) above shall cease upon written notice from the Company, and all such rights
shall thereupon become vested in the Company who shall thereupon have the sole
right to exercise such voting and other consensual rights and to receive
dividends or distributions.

      SECTION 8. Transfers and Other Liens. The Grantor agrees that it will not
(i) sell, assign (by operation of law or otherwise) or otherwise dispose of, or
grant any option with respect to, any of the Collateral, or (ii) create or
suffer to exist any lien, security interest, or other charge or encumbrance upon
or with respect to any of the Collateral to secure indebtedness of any Person,
except as provided in the LLC Agreement and Stockholders Agreement and except
for the security interests created under this Agreement.

      SECTION 9. Company Appointed Attorney-in-Fact. The Grantor hereby appoints
the Company as its attorney-in-fact, with full authority in the place and stead
of the Grantor and in the name of the Grantor or otherwise, from time to time in
the Company's discretion, to take any action and to execute any instrument which
the Company may deem reasonably necessary or advisable to accomplish the
purposes of this Agreement, including, without limitation, to receive, endorse
and collect all instruments made payable to the Grantor representing any
dividend, interest payment or other distribution in respect of the Collateral or
any part thereof and to give full discharge for the same; provided, however,
that the Company shall not have the right to exercise its power under this
Section 9 until the occurrence and continuance of an Event of Default.

                                    -4-

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      SECTION 10. Company May Perform. If a Grantor fails to perform any
agreement contained herein within the time provided, the Company may itself
perform, or cause performance of, such agreement, and the reasonable expenses of
the Company incurred in connection therewith shall be payable by the Grantor
under Section 13.

      SECTION 11. Reasonable Care. The Company shall exercise reasonable care in
the custody and preservation of the Collateral in its possession or control, it
being understood that the Company shall not have any responsibility for (i)
ascertaining or taking action with respect to calls, conversions, exchanges,
maturities, tenders or other matters relative to any Collateral, whether or not
the Company has or is deemed to have knowledge of such matters, or (ii) taking
any necessary steps to preserve rights against any parties with respect to any
Collateral. It is agreed that, subject to the foregoing, the Company shall be
deemed to have exercised reasonable care in the custody and preservation of the
Collateral if the Company exercises the same care that it exercises with respect
to its own property.

      SECTION 12. Remedies upon Event of Default. If any Event of Default shall
have occurred and be continuing:

            (a) The Company may exercise in respect of the Collateral, in
addition to other rights and remedies provided for herein or otherwise available
to it, all the rights and remedies of a secured party under the Uniform
Commercial Code as adopted and in effect in Utah (the "Code"), and, to the
extent permitted by law, the Company may also, without notice except as
specified below, sell the Collateral or any part thereof in one or more parcels
at public or private sale, at any exchange, broker's board or at any of the
Company's offices or elsewhere, for cash, on credit or for future delivery, and
upon such other terms as are commercially reasonable. The Grantor agrees that,
to the extent notice of sale shall be required by law, at least ten (10) days'
notice to the Grantor of the time and place of any public sale or the time after
which any private sale is to be made shall constitute reasonable notification.
The Company shall not be obligated to make any sale of Collateral regardless of
notice of sale having been given. At any such sale, the Company may, to the
extent permitted by the Code or other applicable law, itself purchase all or any
of the Collateral. The Company may adjourn any public or private sale from time
to time by announcement at the time and place fixed therefor, and such sale may,
without further notice, be made at the time and place to which it was so
adjourned.

            (b) All cash proceeds received by the Company in respect of any sale
of, collection from, or other realization upon all or any part of the Collateral
may, in the discretion of the Company, be held by the Company as collateral for,
and/or then or at any time thereafter applied (after payment of any amounts
payable to the Company pursuant to Section 13) in whole or in part by the
Company against, all or any part of the Obligations in such order as the Company
shall elect, to the extent permitted by law. Any surplus of such cash or cash
proceeds held by the Company and remaining after payment in full of all the
Obligations shall be paid over to the Grantor or to such other persons as may be
lawfully entitled to receive such surplus.

                                    -5-

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      SECTION 13. Expenses. The Grantor will upon demand pay to the Company the
amount of any and all reasonable expenses, including the reasonable fees and
expenses of the Company's counsel and of any experts and agents, which the
Company may incur in connection with (i) the administration of this Agreement,
(ii) the custody or preservation of, or the sale of, collection from, or other
realization upon, any of the Collateral, (iii) the exercise or enforcement of
any of the rights of the Company hereunder, or (iv) the failure by the Grantor
to perform or observe any of the provisions hereof.

      SECTION 14. Security Interest Absolute. All rights of the Company and
security interests hereunder, and all obligations of the Grantor hereunder,
shall be absolute and unconditional irrespective of:

            (i) any lack of validity or enforceability of the Note or any other
      agreement or instrument relating thereto;

            (ii) any change in the time, manner or place of payment of, or in
      any other term of, all or any of the obligations under the Note, or any
      other amendment or waiver of or any consent to any departure from the
      Note;

            (iii) any exchange, release or non-perfection of any other
      collateral, or any release or amendment or waiver of or consent to
      departure from any guaranty, for all or any of the Obligations; or

            (iv) any other circumstance which might otherwise constitute a
      defense available to, or a discharge of, the Grantor or a third party
      guarantor.

      SECTION 15. Amendments, Etc. No amendment or waiver of any provision of
this Agreement, nor consent to any departure by the Grantor herefrom, shall be
effective unless the same shall be in writing and signed by the Company, and
then such waiver or consent shall be effective only in the specific instance and
for the specific purpose for which given.

      SECTION 16. Addresses for Notices. All notices and other communications
provided for hereunder shall be in writing (including communication by
telecopier) and shall be mailed, telecopied or delivered, at the respective
addresses set forth on the signature page hereto, or in any case at such other
address as shall be designated by such party in a written notice to each other
party complying as to delivery with the terms of this section. All such notices
and other communications shall be effective (i) three (3) days after being
deposited in the mails, (ii) when delivered by telecopier (upon electronic
confirmation of receipt thereof) or by hand, or (iii) one (1) business day after
sending by overnight delivery service, addressed as aforesaid.

      SECTION 17. Continuing Security Interest. This Agreement shall create a
continuing security interest in the Collateral and shall (i) remain in full
force and effect until indefeasible cash payment in full of the all obligations,
(ii) be binding upon the Grantor and its successors and

                                    -6-

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assigns, and (iii) inure to the benefit of the Company and its respective
successors, transferees and assigns. Upon the cash payment in full of the
Obligations, the Grantor shall be entitled to the return, upon its request, of
such of the Collateral pledged by the Grantor as shall not have been sold or
otherwise applied pursuant to the terms hereof.

      SECTION 18. Governing Law; Terms. This Agreement shall be governed by and
construed in accordance with the internal laws of the State of Utah, without
giving effect to the conflicts of laws principles thereof. EACH PARTY HERETO FOR
ITSELF AND ITS PROPERTIES, HEREBY SUBMITS TO THE NON-EXCLUSIVE JURISDICTION OF
ANY STATE OR FEDERAL COURT OF COMPETENT JURISDICTION IN THE STATE OF UTAH FOR
THE PURPOSE OF ANY SUIT, ACTION OR OTHER PROCEEDING ARISING OUT OF, OR WITH
RESPECT TO THIS AGREEMENT, AND EXPRESSLY WAIVES ANY OBJECTIONS IT MAY HAVE AS TO
VENUE IN SUCH COURTS. THE GRANTOR ALSO HEREBY INTENTIONALLY AND KNOWINGLY
WAIVES, TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, ANY RIGHT TO TRIAL BY
JURY IN ANY ACTION OR PROCEEDING OF ANY KIND OR NATURE IN ANY COURT IN WHICH AN
ACTION MAY BE COMMENCED ARISING OUT OF THIS AGREEMENT. Unless otherwise defined
herein or in the Loan Agreement, terms defined in Articles 8 and 9 of the Code
are used herein as therein defined.

                                 * * * * * * *

                                    -7-

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                        PLEDGE AND SECURITY AGREEMENT

                                Signature Page

     IN WITNESS WHEREOF, the Grantor and the Company have each executed and
delivered this Agreement as an instrument under seal as of the date first above
written.

Address:                          GRANTOR:

370 Abbey Lane
Providence, UT  84332
                                    /s/ Gary E. Stevenson
                                  ---------------------------------------
                                  Name: Gary E. Stevenson

Address:                          HF HOLDINGS, INC.

1500 South 1000 West
Logan, UT  84321

                                  By:    /s/ S. Fred Beck
                                     ------------------------------------
                                     Name/Title: S. Fred Beck
                                                 CFO, Vice President & Treasurer

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                                      S-1

                                  SCHEDULE A
                                      TO
                         PLEDGE AND SECURITY AGREEMENT

Description of membership interest in Holdings LLC pledged hereunder:

            2,807.09 Units

Description of capital stock of the Company pledged hereunder:

            291,700 shares of Common Stock<PAGE>

                                                                   Exhibit 10.17

                                HF HOLDINGS, INC.

                             1999 JUNIOR MANAGEMENT
                                STOCK OPTION PLAN

1.   PURPOSE

         The purpose of this Stock Option Plan (the "Plan") is to advance the
interests of HF Holdings, Inc., a Delaware corporation (the "Company"), by
enhancing the ability of the Company and its subsidiaries (if any) to attract
and retain able employees of the Company; to reward such individuals for their
contributions; and to encourage such individuals to take into account the
long-term interests of the Company through interests in shares of the Company's
Common Stock, $.001 par value per share (the "Stock"). Any employee selected to
receive an award under the Plan is referred to as a "participant".

         No option granted pursuant to the Plan shall be an incentive stock
option, as defined in section 422 of the Internal Revenue Code of 1986, as
amended.

2.   ADMINISTRATION

         The Plan shall be administered by the Board of Directors (the "Board")
of the Company. The Board shall have discretionary authority, not inconsistent
with the express provisions of the Plan, (a) to grant option awards to such
eligible persons as the Board may select; (b) to determine the time or times
when awards shall be granted and the number of shares of Stock subject to each
award; (c) to determine the terms and conditions of each award; (d) to prescribe
the form or forms of any instruments evidencing awards and any other instruments
required under the Plan and to change such forms from time to time; (e) to
adopt, amend, and rescind rules and regulations for the administration of the
Plan; and (f) to interpret the Plan and to decide any questions and settle all
controversies and disputes that may arise in connection with the Plan. Such
determinations of the Board shall be conclusive and shall bind all parties.
Subject to Section 9 the Board shall also have the authority, both generally and
in particular instances, to waive compliance by a participant with any
obligation to be performed by him or her under an award, to waive any condition
or provision of an award, and to amend or cancel any award (and if an award is
cancelled, to grant a new award on such terms as the Board shall specify),
except that the Board may not take any action with respect to an outstanding
award that would adversely affect the rights of the participant under such award
without such participant's consent. Nothing in the preceding sentence shall be
construed as limiting the power of the Board to make adjustments required by
Section 4(c) and Section 6(g).
<PAGE>

         The Board may, in its discretion, delegate some or all of its powers
with respect to the Plan to a committee (the "Committee"), in which event all
references (as appropriate) to the Board hereunder shall be deemed to refer to
the Committee. The Committee, if one is appointed, shall consist of at least two
directors. A majority of the members of the Committee shall constitute a quorum,
and all determinations of the Committee shall be made by a majority of its
members. Any determination of the Committee under the Plan may be made without
notice or meeting of the Committee by a writing signed by a majority of the
Committee members. On and after registration of the Stock under the Securities
Exchange Act of 1934 (the "1934 Act"), the Board shall delegate the power to
select directors and officers to receive awards under the Plan and the timing,
pricing, and amount of such awards to a Committee, all members of which shall be
disinterested persons within the meaning of Rule 16b-3 under the 1934 Act and
"outside directors" within the meaning of section 162(m)(4)(c)(i) of the Code.

3.   EFFECTIVE DATE AND TERM OF PLAN

         The Plan shall become effective on September 27, 1999.

         No awards shall be granted under the Plan after the completion of ten
years from the date on which the Plan was adopted by the Board, but awards
previously granted may extend beyond that date.

4.   SHARES SUBJECT TO THE PLAN

         (a) NUMBER OF SHARES. Subject to adjustment as provided in Section
4(c), the aggregate number of shares of Stock that may be the subject of awards
granted under the Plan shall be 333,000. If any award granted under the Plan
terminates without having been exercised in full, or upon exercise is satisfied
other than by delivery of Stock, the number of shares of Stock as to which such
award was not exercised shall not be available for future grants. No employee
shall be entitled to grants of options in excess of 330,000 shares, subject to
adjustment in accordance with Section 4(c).

         (b) SHARES TO BE DELIVERED. Shares delivered under the Plan shall be
authorized but unissued Stock, or if the Board so decides in its sole
discretion, previously issued Stock acquired by the Company and held in its
treasury. No fractional shares of Stock shall be delivered under the Plan.

         (c) CHANGES IN STOCK. In the event of a stock dividend, stock split or
combination of shares, recapitalization, or other change in the Company's
capital stock, the number and kind of shares of stock or securities of the
Company subject to awards then outstanding or subsequently granted under the
Plan, the exercise price of such awards, the maximum number of shares or
securities that may be delivered under the Plan, and other relevant provisions
shall be appropriately adjusted by the Board, whose determination shall be
binding on all persons.

                                      -2-
<PAGE>

         The Board may also adjust the number of shares subject to outstanding
awards, the exercise price of outstanding awards, and the terms of outstanding
awards, to take into consideration material changes in accounting practices or
principles, extraordinary dividends, consolidations or mergers (except those
described in Section 6(g)), acquisitions or dispositions of stock or property,
or any other event if it is determined by the Board that such adjustment is
appropriate to avoid distortion in the operation of the Plan.

5.   AWARDS; ETC.

         Persons eligible to receive awards under the Plan shall be those
employees who, in the opinion of the Board, are in a position to make a
significant contribution to the success of the Company and its subsidiaries. A
subsidiary for purposes of the Plan shall be a corporation in which the Company
owns, directly or indirectly, stock possessing 50% or more of the total combined
voting power of all classes of stock.

6.   TERMS AND CONDITIONS OF OPTIONS

         (a) EXERCISE PRICE OF OPTIONS. The exercise price of each option shall
be determined by the Board, but the exercise price shall not be less, in the
case of an original issue of authorized stock, than par value.

         (b) DURATION OF OPTIONS. An option shall be exercisable during such
period or periods as the Board may specify. The latest date on which an option
may be exercised (the "Expiration Date") shall be the date which is ten years
from the date the option was granted or such earlier date as may be specified by
the Board at the time the option is granted.

         (c) EXERCISE OF OPTIONS.

         (1)      An option shall become exercisable at such time or times and
                  upon such conditions as the Board shall specify. In the case
                  of an option not immediately exercisable in full, the Board
                  may at any time accelerate the time at which all or any part
                  of the option may be exercised.

         (2)      Any exercise of an option shall be in writing, signed by the
                  proper person and furnished to the Company, accompanied by (i)
                  such documents as may be required by the Board and (ii)
                  payment in full as specified below in Section 6(d) for the
                  number of shares for which the option is exercised.

         (3)      The Board shall have the right to require that the participant
                  exercising the option remit to the Company an amount
                  sufficient to satisfy any federal, state, or local withholding
                  tax requirements (or make other arrangements satisfactory to
                  the Company with regard to such taxes) prior to the delivery
                  of any Stock pursuant to the exercise of the option. If
                  permitted by the Board, either at the time of the

                                      -3-
<PAGE>

                  grant of the option or in connection with exercise, the
                  participant may elect, at such time and in such manner as the
                  Board may prescribe, to satisfy such withholding obligation by
                  (i) delivering to the Company Stock owned by such individual
                  having a fair market value equal to such withholding
                  obligation, or (ii) requesting that the Company withhold from
                  the shares of Stock to be delivered upon the exercise a number
                  of shares of Stock having a fair market value equal to such
                  withholding obligation.

                  In addition, if at the time the option is exercised the Board
                  determines that under applicable law and regulations the
                  Company could be liable for the withholding of any federal or
                  state tax with respect to a disposition of the Stock received
                  upon exercise, the Board may require as a condition of
                  exercise that the participant exercising the option agree to
                  give such security as the Board deems adequate to meet the
                  potential liability of the Company for the withholding of tax,
                  and to augment such security from time to time in any amount
                  reasonably deemed necessary by the Board to preserve the
                  adequacy of such security.

         (4)      If an option is exercised by the executor or administrator of
                  a deceased participant, or by the person or persons to whom
                  the option has been transferred by the participant's will or
                  the applicable laws of descent and distribution, the Company
                  shall be under no obligation to deliver Stock pursuant to such
                  exercise until the Company is satisfied as to the authority of
                  the person or persons exercising the option.

         (d) PAYMENT FOR AND DELIVERY OF STOCK. Stock purchased upon exercise of
an option under the Plan shall be paid for as follows: (i) in cash, check
acceptable to the Company (determined in accordance with such guidelines as the
Board may prescribe), or money order payable to the order of the Company, or
(ii) if so permitted by the Board, (A) through the delivery of shares of Stock
(which, in the case of Stock acquired from the Company, shall have been held for
at least six months unless the Board specifies a shorter period) having a fair
market value on the last business day preceding the date of exercise equal to
the purchase price, or (B) by delivery of a promissory note of the participant
to the Company, such note to be payable on such terms as are specified by the
Board, or (C) by delivery of an unconditional and irrevocable undertaking by a
broker to deliver promptly to the Company sufficient funds to pay the exercise
price, or (D) by any combination of the permissible forms of payment; provided,
that if the Stock delivered upon exercise of the option is an original issue of
authorized Stock, at least so much of the exercise price as represents the par
value of such Stock shall be paid other than with a personal check or promissory
note of the person exercising the option.

         (e) DELIVERY OF STOCK. A participant shall not have the rights of a
stockholder with regard to awards under the Plan except as to Stock actually
received by him under the Plan.

                                      -4-
<PAGE>

         The Company shall not be obligated to deliver any shares of Stock (i)
until, in the opinion of the Company's counsel, all applicable federal and state
laws and regulations have been complied with, (ii) if the outstanding Stock is
at the time listed on any stock exchange, until the shares to be delivered have
been listed or authorized to be listed on such exchange upon official notice of
issuance, and (iii) until all other legal matters in connection with the
issuance and delivery of such shares have been approved by the Company's
counsel. If the sale of Stock has not been registered under the Securities Act
of 1933, as amended, the Company may require, as a condition to exercise of the
award, such representations or agreements as counsel for the Company may
consider appropriate to avoid violation of such Act and may require that the
certificates evidencing such Stock bear an appropriate legend restricting
transfer.

         (f) NONTRANSFERABILITY OF AWARDS. No award may be transferred other
than by will or by the laws of descent and distribution, and during a
participant's lifetime an award may be exercised only by him or her.

         (g) MERGERS, ETC. In the event of any merger, consolidation,
dissolution, or liquidation of the Company, the Board in its sole discretion
may, as to any outstanding awards, make such substitution or adjustment in the
aggregate number of shares reserved for issuance under the Plan and in the
number and purchase price (if any) of shares subject to such awards as it may
determine, or accelerate, amend, or terminate such awards upon such terms and
conditions as it shall provide (which, in the case of the termination of the
vested portion of any award, shall require payment or other consideration which
the Board deems equitable in the circumstances).

7.   TERMINATION OF EMPLOYMENT

         If a participant's employment or other service relationship with the
Company terminates prior to the Expiration Date the following shall apply:

         (a)      Options that are not exercisable immediately prior to the
                  termination shall terminate, except that the Board may in its
                  sole discretion provide that the participant or beneficiary
                  receive in cash, with respect to each share of Stock to which
                  an option relates, the excess of (i) the share's fair market
                  value on the date of the participant's termination, over (ii)
                  the option exercise price.

         (b)      To the extent exercisable immediately prior to termination of
                  employment or other service, the option shall continue to be
                  exercisable thereafter during the period prior to the
                  Expiration Date and within 60 days following the termination
                  (180 days in the event that a participant's service terminates
                  by reason of death), unless the participant's employment or
                  other service is terminated "for cause" as defined in (c)
                  below, in which case all awards shall terminate immediately.
                  Except as otherwise provided in an award, after completion of
                  the 60-day (or 180-day) period, such awards shall terminate to
                  the extent not previously exercised, expired, or terminated.

                                      -5-
<PAGE>

         (c)      The following, as determined by the Board in its reasonable
                  judgment, shall constitute "cause" termination: (i) a
                  participant's failure to perform, or negligence in the
                  performance of, his or her duties and responsibilities to the
                  Company; (ii) a participant's fraud, embezzlement or other
                  material dishonesty with respect to the Company; or (iii)
                  other conduct by a participant that is harmful to the
                  business, interest, or reputation of the Company; PROVIDED,
                  HOWEVER, that, if the participant and the Company are parties
                  to an employment agreement relating to the employment of such
                  participant by the Company and such employment agreement
                  contains a definition of "Cause" (or other similar term)
                  similar in intent to the immediately preceding definition and
                  relating to the termination by the Company of such employment,
                  such definition in such employment agreement shall be
                  substituted for such immediately foregoing definition for
                  purposes of this Plan, but only with respect to such
                  participant.

No option shall be exercised or surrendered in exchange for a cash payment after
the Expiration Date.

         In the case of any award, the Board may provide in the case of any
award for post-termination exercise provisions different from those expressly
set forth in this Section 7, including without limitation terms allowing a later
exercise by a former employee (or, in the case of a former employee who is
deceased, the person or persons to whom the award is transferred by will or the
laws of descent and distribution) as to all or any portion of the award not
exercisable immediately prior to termination of employment or other service, but
in no case may an award be exercised after the Expiration Date.

8.   EMPLOYMENT RIGHTS

         Neither the adoption of the Plan nor the grant of awards shall confer
upon any participant any right to continue as an employee of, or consultant or
adviser to, the Company, its parent, or any subsidiary or affect in any way the
right of the Company, its parent, or a subsidiary to terminate the participant's
relationship at any time. Except as specifically provided by the Board in any
particular case, the loss of existing or potential profit in awards granted
under this Plan shall not constitute an element of damages in the event of
termination of the relationship of a participant even if the termination is in
violation of an obligation of the Company to the participant by contract or
otherwise.

9.   EFFECT, DISCONTINUANCE, CANCELLATION, AMENDMENT, AND TERMINATION

         Neither adoption of the Plan nor the grant of awards to a participant
shall affect the Company's right to make awards to such participant that are not
subject to the Plan, to issue to such participant Stock as a bonus or otherwise,
or to adopt other plans or arrangements under which Stock may be issued.

                                      -6-
<PAGE>

         The Board may at any time or times amend the Plan or any outstanding
award for the purpose of satisfying the requirements of section 422 of the Code
or of any changes in applicable laws or regulations or for any other purpose
that may at the time be permitted by law, or may at any time terminate the Plan
as to any further grants of awards; provided that, except to the extent
expressly required by the Plan, no such amendment shall adversely affect the
rights of any participant (without his or her consent) under any award
previously granted, nor shall such amendment, without the approval of the
stockholders of the Company, effectuate a change for which stockholder approval
is required in order for the Plan to continue to qualify under Rule 16b-3
promulgated under Section 16 of the 1934 Act.

                                      -7-
<PAGE>

                                HF HOLDINGS, INC.
                    1999 JUNIOR MANAGEMENT STOCK OPTION PLAN

THE SHARES RECEIVED UPON EXERCISE OF THIS OPTION SHALL BE SUBJECT TO THE RIGHTS,
RESTRICTIONS AND OBLIGATIONS APPLICABLE TO SUCH SHARES, ALL AS PROVIDED IN THE
STOCKHOLDERS AGREEMENT DATED AS OF SEPTEMBER 27, 1999 AMONG THE COMPANY AND
CERTAIN OTHER PARTIES THERETO AS AMENDED AND IN EFFECT FROM TIME TO TIME, AND IN
THE JOINDER AND SUPPLEMENT TO STOCKHOLDERS AGREEMENT, A COPY OF WHICH IS
ATTACHED HERETO.

THIS OPTION IS NOT TRANSFERABLE BY THE OPTIONEE OTHER THAN BY WILL OR THE LAWS
OF DESCENT AND DISTRIBUTION, AND IS EXERCISABLE DURING THE OPTIONEE'S LIFETIME
ONLY BY THE OPTIONEE.

                                    [FORM OF]
                        Non-Incentive Option Certificate
                        --------------------------------

         Stock option granted by HF Holdings, Inc., a Delaware corporation (the
"Company"), to ___________ (the "Optionee"), pursuant to the Company's 1999
Junior Management Stock Option Plan (the "Plan"). All initially capitalized
terms not otherwise defined herein shall have the meaning provided in the Plan.

1.       Grant of Option

         This certificate evidences the grant by the Company on September 27,
1999 to the Optionee of an option to purchase, in whole or in part, on the terms
provided herein and in the Plan, a total of __________ shares of Common Stock of
the Company (the "Shares") at $5.83 per Share.

         The latest date on which this option may be exercised (the "Final
Exercise Date") is the earlier of September 27, 2009 or a Termination Event as
defined in clause (ii) of Section 1.9 of the Joinder and Supplement to
Stockholders Agreement attached hereto as Exhibit A. The option evidenced by
this certificate is not an incentive stock option.

         This option is subject to the vesting schedule set forth on Schedule 1
hereto and shall become exercisable as set forth thereon.

2.       Exercise of Option.

         Each election to exercise this option shall be in writing, signed by
the Optionee or by his or her executor or administrator or by the person or
persons to whom this option is
<PAGE>

transferred by will or the applicable laws of descent and distribution (the
"Legal Representative"), and received by the Company at its principal office,
accompanied by payment in full and by such additional documentation evidencing
the right to exercise (or, in the case of a Legal Representative, of the
authority of such person) as the Company may require. Such notice of election to
exercise will include a commitment by the Optionee or Legal Representative to
provide the Company with notice as required by Section 8 hereof. The purchase
price may be paid (i) in cash or by personal check, bank check or money order
payable to the order of the Company, (ii) by delivery of an unconditional and
irrevocable undertaking by a broker to deliver to the Company promptly upon the
sale of the shares of Stock to be issued sufficient funds to pay the exercise
price, or (iii) by any combination of the permissible forms of payment;
provided, that so much of the purchase price as equals the par value of the
Shares being purchased shall be paid other than by personal check.

3.       Stockholders Agreement

         The stock option evidenced by this certificate and any Shares
transferred pursuant to the exercise of this option shall be subject to the
Stockholders Agreement dated as of September 27, 1999 among the Company and
certain other parties thereto as amended and in effect from time to time (the
"Stockholders Agreement"), and no grant of options shall become effective unless
and until the Optionee shall have executed a Joinder and Supplement to
Stockholders Agreement substantially in the form of Exhibit A hereto. The
option, and shares received upon exercise of the option, shall be subject to the
rights, restrictions and obligations applicable to such options and shares all
as provided from time to time in such Stockholders Agreement and the Joinder and
Supplement to the Stockholders Agreement.

4.       Restrictions on Transfer

         In addition to the provisions of Section 3 above, if at the time this
option is exercised the Company is a party to any agreement restricting the
transfer of any outstanding shares of its Common Stock, this option may be
exercised only if the Shares so acquired are made subject to the transfer
restrictions set forth in that agreement (or if more than one such agreement is
then in effect, the agreement specified by the Board).

         Certificates evidencing any shares purchased by an Optionee upon
exercise of options granted hereby may bear the following legends, in addition
to any legends which may be required by any agreement referred to in the
immediately preceding paragraph:

         "The shares of stock represented by this certificate have not been
         registered under the Securities Act of 1933, as amended, and may not be
         transferred, except pursuant to an effective registration, or exemption
         from registration under said Act."

         "The shares of stock represented by this certificate are subject to
         restrictions on voting and transfer set forth in the Stockholders
         Agreement dated as of September 27, 1999,

                                       -2-
<PAGE>

         as amended and in effect from time to time. The Company will furnish a
         copy of such agreement to the holder of this certificate without charge
         upon written request."

         "The shares of stock represented by this certificate are also subject
         to certain call rights as provided in the Joinder and Supplement to
         Stockholders Agreement, dated as of __________, 1999, as amended and in
         effect from time to time, and were originally issued to, or were issued
         in respect of shares originally issued to, the following Junior
         Management Investor: ____________.

5.       Withholding

         No Shares will be transferred pursuant to the exercise of this option
unless and until the person exercising this option shall have remitted to the
Company an amount sufficient to satisfy any federal, state or local withholding
tax requirements, or shall have made other arrangements satisfactory to the
Company with respect to such taxes.

6.       Status Change

         Upon the termination of the Optionee's employment, this option shall
terminate as to any Shares for which it was not exercisable immediately prior to
termination; provided, that the Board in its sole discretion may provide (either
prior to or following termination) that any or all of such portion of this
option not otherwise exercisable prior to termination shall be treated as having
become exercisable immediately prior to termination. As to that number of Shares
for which the option was exercisable, or deemed exercisable by action of the
Board, immediately prior to termination, it shall remain exercisable as follows:

         (i)      if termination occurs for any reason other than death, for a
                  period of 60 days following the date of termination, except as
                  provided in clause (ii) below, but in no event beyond the
                  Final Exercise Date, or

         (ii)     following death, for a period of 180 days thereafter, but not
                  beyond the Final Exercise Date.

Notwithstanding the foregoing, if the Optionee is terminated for cause (as
provided in the Plan) the option shall immediately terminate as to all Shares
subject to the option.

7.       Nontransferability of Option.

         Except as set forth in Sections 6 and 7 of the Stockholders Agreement,
this option is not transferable by the Optionee other than by will or the
applicable laws of descent and distribution, and is exercisable during the
Optionee's lifetime only by the Optionee.

                                       -3-
<PAGE>

8.       Effect on Employment.

         Neither the grant of Options hereunder, nor the issuance of the Shares
upon exercise of such Options, shall give the Optionee any right to be retained
in the employ of the Company, affect the right of the Company to discharge or
discipline such Optionee at any time, or affect any right of such Optionee to
terminate his or her employment at any time.

9.       Provisions of the Plan.

         This option is subject in its entirety to the provisions of the Plan, a
copy of which is furnished to the Optionee with this option.

                      [THIS SPACE INTENTIONALLY LEFT BLANK]

                                       -4-
<PAGE>

                                              [Jr. Management Stock Option Plan]

         IN WITNESS WHEREOF, the Company has caused this option to be executed
under its corporate seal by its duly authorized officer. This option shall take
effect as a sealed instrument.

                                               HF HOLDINGS, INC.

                                               By:___________________________
                                                  Title:

Dated: _______________
<PAGE>

                                  Schedule 1 to
                                Option Agreement
                                      under
                    1999 Junior Management Stock Option Plan

The following vesting schedule will apply:

         25% of the total number of Shares first indicated above shall become
         immediately exercisable on the date hereof.

         25% of the total number of Shares first indicated above shall become
         exercisable on each of September 27, 2000, September 27, 2001 and
         September 27, 2002.

         100% of the total number of Shares from time to time outstanding but
         not yet exercisable shall become exercisable upon a Liquidity Event (as
         defined in the Stockholders Agreement).

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