Document:

<PAGE>
                                                                Exhibit 10.14(D)

                                                                  Execution Copy

            FOURTH AMENDMENT TO MASTER LEASE AGREEMENT, dated as of the 27th day
of December, 2001 (this "Amendment"), by and among EACH OF THE ENTITIES
IDENTIFIED ON EXHIBIT A TO THE LEASE, or the successors thereto (collectively,
"Landlord") and AMERICOLD LOGISTICS, LLC ("Tenant").

                               W I T N E S E T H:

            WHEREAS, Landlord and Tenant are parties to a certain Master Lease
Agreement, dated as of March 11, 1999, as amended by those certain letter
agreements, respectively dated November 30, 1999 and March 22, 2000, and by that
certain Third Amendment to Master Lease Agreement, executed May 11, 2001 and
effective as of February 22, 2001 (as so amended, the "Lease"); and

            WHEREAS, the Landlord and Tenant wish to amend the Lease on the
terms and conditions hereinafter set forth.

            NOW, THEREFORE, for TEN DOLLARS and other good and valuable
consideration, the receipt and sufficiency of which are hereby acknowledged, the
parties hereto hereby agree as follows:

            1. Fee Owners. Exhibit A to the Lease is hereby deleted and replaced
in its entirety with Exhibit A attached hereto.

            2. Definitions.

      (a)   All capitalized terms used but not defined herein shall have the
            meaning given such terms in the Lease.

      (b)   The parties hereto acknowledge and agree that (i) "Land" shall
            include the real property described on Exhibit B hereto relating to
            the facility known as "Skygate" and located in Atlanta, Georgia (the
            "Skygate Facility"), (ii) that the Skygate Facility shall be a
            "Leased Property" under the Lease and (iii) Americold Corporation,
            as successor by merger to Carmar Group, Inc. and as the fee owner of
            the Skygate Facility, shall be a Landlord under the Lease.

            3. Rent.

            (a)   The parties hereto agree and acknowledge that the aggregate
                  amount of Minimum Rent and Percentage Rent under this Lease
                  and each of the Related Leases with respect to the period
                  commencing January 1, 2000
<PAGE>
                  through December 31, 2000 shall be $36,255,000 and that 66.4%
                  of such aggregate amount shall be allocated to this Lease.
                  Notwithstanding anything in the Lease to the contrary,
                  Landlord hereby (i) agrees that the payment of such amount by
                  Tenant shall represent satisfaction in full of Tenant's
                  obligation to pay Minimum Rent and Percentage Rent pursuant to
                  the Lease with respect to the period commencing January 1,
                  2000 through December 31, 2000 and (ii) waives any and all of
                  its rights under the Lease to receive additional payments of
                  Minimum Rent and/or Percentage Rent with respect to such
                  period, and Tenant hereby waives any right to receive
                  adjustments of amounts paid on account of Percentage Rent for
                  such period.

            (b)   The parties hereto agree and acknowledge that the aggregate
                  amount of Minimum Rent and Percentage Rent under this Lease
                  and each of the Related Leases with respect to the period
                  commencing January 1, 2001 through December 31, 2001 shall be
                  $17,918,000 and that 66.4% of such aggregate amount shall be
                  allocated to this Lease. Notwithstanding anything in the Lease
                  to the contrary, Landlord hereby (i) agrees that the payment
                  of such amount by Tenant shall represent satisfaction in full
                  of Tenant's obligation to pay Minimum Rent and Percentage Rent
                  pursuant to the Lease with respect to the period commencing
                  January 1, 2001 through December 31, 2001 and (ii) waives any
                  and all of its rights under the Lease to receive additional
                  payments of Minimum Rent and/or Percentage Rent with respect
                  to such period, and Tenant hereby waives any right to receive
                  adjustments of amounts paid on account of Percentage Rent for
                  such period.

            4. Release Amounts. Exhibit 2.1(a) of the Lease is hereby modified
by adding $15,000,000 as the Release Amount for the Skygate Facility.

            5. Rent Allocations. Exhibit 3.1(a) of the Lease is hereby deleted
and replaced in its entirety with the attached Exhibit C.

            6. Authority. Each party hereto represents and warrants that this
Amendment has been duly authorized, executed and delivered on behalf of such
party.

            7. Miscellaneous.

            (a) The Lease is in full force and effect and, except as set forth
      herein, is unmodified.

                                      -2-
<PAGE>
            (b) This Amendment may be executed in any number of counterparts,
      each of which where so executed and delivered shall be an original, but
      all of which shall constitute one and the same instrument.

            (c) In all respects, except to the extent that the context otherwise
      requires, references to "this Lease" (and words of similar import) in the
      Lease prior to its amendment hereby shall be deemed to refer to the Lease
      as amended hereby and as the same may hereafter be amended.

                  [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]

                                      -3-
<PAGE>
            IN WITNESS WHEREOF, the parties hereto have caused this Amendment to
be duly executed by their duly authorized representatives effective as of the
day and year first above written.

                  LANDLORD:

                  VC FREEZER AMARILLO, L.P.

                  By:  VC Freezer Omaha Amarillo L.L.C., its general partner

                     By:  VC Omaha Real Estate Holdings, L.L.C., its sole member

                          By:  VC Omaha Holdings, L.L.C., its sole member

                              By:  Americold Corporation, its sole member

                                   By: /s/ Joseph Macnow
                                       -----------------
                                       Name:  Joseph Macnow
                                       Title: Executive Vice President Finance
                                              and Administration

                  VC FREEZER FREMONT L.L.C.

                     By:  VC Omaha Real Estate Holdings, L.L.C., its sole member

                          By:  VC Omaha Holdings, L.L.C., its sole member

                              By:  Americold Corporation, its sole member

                                   By: /s/ Joseph Macnow
                                       -----------------
                                       Name:  Joseph Macnow
                                       Title: Executive Vice President Finance
                                              and Administration

                               [Signatures continue on following page]
<PAGE>
                  VC FREEZER GARDEN CITY L.L.C.

                     By:  VC Omaha Real Estate Holdings, L.L.C., its sole member

                          By:  VC Omaha Holdings, L.L.C., its sole member

                              By:  Americold Corporation, its sole member

                                   By: /s/ Joseph Macnow
                                       -----------------
                                       Name:  Joseph Macnow
                                       Title: Executive Vice President Finance
                                              and Administration

                  VC FREEZER PHOENIX L.L.C.

                     By:  VC Omaha Real Estate Holdings, L.L.C., its sole member

                          By:  VC Omaha Holdings, L.L.C., its sole member

                              By:  Americold Corporation, its sole member

                                   By: /s/ Joseph Macnow
                                       -----------------
                                       Name:  Joseph Macnow
                                       Title: Executive Vice President Finance
                                              and Administration

                  VC FREEZER SIOUX FALLS L.L.C.

                     By:  VC Omaha Real Estate Holdings, L.L.C., its sole member

                          By:  VC Omaha Holdings, L.L.C., its sole member

                              By:  Americold Corporation, its sole member

                                   By: /s/ Joseph Macnow
                                       -----------------
                                       Name:  Joseph Macnow
                                       Title: Executive Vice President Finance
                                              and Administration

                                [Signatures continue on following page]
<PAGE>
                  VC FREEZER SPRINGDALE L.L.C.

                     By:  VC Omaha Real Estate Holdings, L.L.C., its sole member

                          By:  VC Omaha Holdings, L.L.C., its sole member

                              By:  Americold Corporation, its sole member

                                   By: /s/ Joseph Macnow
                                       -----------------
                                       Name:  Joseph Macnow
                                       Title: Executive Vice President Finance
                                              and Administration

                  VC FREEZER RUSSELVILLE L.L.C.

                     By:  VC Omaha Real Estate Holdings, L.L.C., its sole member

                          By:  VC Omaha Holdings, L.L.C., its sole member

                              By:  Americold Corporation, its sole member

                                   By: /s/ Joseph Macnow
                                       -----------------
                                       Name:  Joseph Macnow
                                       Title: Executive Vice President Finance
                                              and Administration

                  VC FREEZER TEXARKANA L.L.C.

                     By:  VC Omaha Real Estate Holdings, L.L.C., its sole member

                          By:  VC Omaha Holdings, L.L.C., its sole member

                              By:  Americold Corporation, its sole member

                                   By: /s/ Joseph Macnow
                                       -----------------
                                       Name:  Joseph Macnow
                                       Title: Executive Vice President Finance
                                              and Administration

                                 [Signatures continue on following page]

<PAGE>

                  CARMAR FREEZERS RUSSELVILLE L.L.C.

                     By:  VC Omaha Real Estate Holdings, L.L.C., its sole member

                          By:  VC Omaha Holdings, L.L.C., its sole member

                              By:  Americold Corporation, its sole member

                                   By: /s/ Joseph Macnow
                                       -----------------
                                       Name:  Joseph Macnow
                                       Title: Executive Vice President Finance
                                              and Administration

                  VC FREEZER FORT WORTH L.L.C.

                     By:  VC Omaha Real Estate Holdings, L.L.C., its sole member

                          By:  VC Omaha Holdings, L.L.C., its sole member

                              By:  Americold Corporation, its sole member

                                   By: /s/ Joseph Macnow
                                       -----------------
                                       Name:  Joseph Macnow
                                       Title: Executive Vice President Finance
                                              and Administration

                  AMERICOLD CORPORATION

                  By: /s/ Joseph Macnow
                      -----------------
                      Name:  Joseph Macnow
                      Title: Executive Vice President Finance and Administration

                                 [signatures continue on following page]

<PAGE>

                  VC FREEZER KENTUCKY, L.L.C.

                     By:  VC Omaha Real Estate Holdings, L.L.C., its sole member

                          By:  VC Omaha Holdings, L.L.C., its sole member

                              By:  Americold Corporation, its sole member

                                   By: /s/ Joseph Macnow
                                       -----------------
                                       Name:  Joseph Macnow
                                       Title: Executive Vice President Finance
                                              and Administration

                  VC FREEZER MASSILLON, L.L.C.

                     By:  VC Omaha Real Estate Holdings, L.L.C., its sole member

                          By:  VC Omaha Holdings, L.L.C., its sole member

                              By:  Americold Corporation, its sole member

                                   By: /s/ Joseph Macnow
                                       -----------------
                                       Name:  Joseph Macnow
                                       Title: Executive Vice President Finance
                                              and Administration

                  VC FREEZER STRASBURG, L.L.C.

                     By:  VC Omaha Real Estate Holdings, L.L.C., its sole member

                          By:  VC Omaha Holdings, L.L.C., its sole member

                              By:  Americold Corporation, its sole member

                                   By: /s/ Joseph Macnow
                                       -----------------
                                       Name:  Joseph Macnow
                                       Title: Executive Vice President Finance
                                              and Administration

                                 [Signatures continue on following page]

<PAGE>

                  VC FREEZER BABCOCK, L.L.C.

                     By:  VC Omaha Real Estate Holdings, L.L.C., its sole member

                          By:  VC Omaha Holdings, L.L.C., its sole member

                              By:  Americold Corporation, its sole member

                                   By: /s/ Joseph Macnow
                                       -----------------
                                       Name:  Joseph Macnow
                                       Title: Executive Vice President Finance
                                              and Administration

                  TENANT:

                  AmeriCold Logistics, LLC

                  By: /s/ J.C. Daiker
                      ---------------
                      Name:  J.C. Daiker
                      Title: CFO
<PAGE>
                                                                       EXHIBIT A

                               List of Fee Owners

VC Freezer Amarillo, L.P.
VC Freezer Fremont L.L.C.
VC Freezer Garden City L.L.C.
VC Freezer Phoenix L.L.C.
VC Freezer Sioux Falls L.L.C.
VC Freezer Springdale L.L.C.
VC Freezer Russelville L.L.C.
VC Freezer Texarkana L.L.C.
Carmar Freezers Russelville L.L.C.
VC Freezer Fort Worth L.L.C.
Americold Corporation
VC Freezer Kentucky, L.L.C.
VC Freezer Massillon, L.L.C.
VC Freezer Strasburg, L.L.C.
VC Freezer Babcock, L.L.C.
<PAGE>
                                                                       EXHIBIT B

                      Legal Description of Skygate Facility

                                 (See attached)
<PAGE>
                                                                       EXHIBIT C

<TABLE>
<CAPTION>
                  Pro-rata Reduction in Fixed Rent and
Property          Percentage Rent Breakpoint
--------          --------------------------
<S>               <C>
Amarillo           5.06%
Carthage          20.06%
Fort Worth         1.80%
Freemont           4.42%
Garden City        7.17%
Phoenix            4.33%
Sioux Falls        6.53%
Texarkana          8.05%
Russellville       6.99%
Springdale         6.89%
Valley             5.85%
Seebree            4.59%
Massillon          4.55%
Strasburg          7.16%
Babcock            2.17%
Skygate            4.38%
                  -----
                    100%
</TABLE><PAGE>
                                                                Exhibit 10.15(A)

                                                              November 30, 1999

AmeriCold Logistics, LLC
10 Glenlake Parkway
9th Floor
Atlanta, Georgia 30328
Attention: Chief Financial Officer

                  Re:      Master Lease Agreement (the "Lease"), dated as of
                           March 11, 1999, between VC Omaha Holdings, L.L.C. and
                           Carmar Freezers Thomasville L.L.C., together as
                           landlord, and AmeriCold Logistics, LLC, as tenant

Ladies and Gentlemen:

                  Reference is hereby made to the Lease. Capitalized terms used
but not defined herein shall have the meanings given to them in the Lease.

                  This letter agreement (this "Agreement") hereby confirms our
agreement as follows:

1.       The first sentence of Section 3.1(b)(i) of the Lease is hereby amended
         and restated in its entirety as follows:

                  "In addition to the Minimum Rent payable with respect to the
                  Leased Property, Tenant shall pay Percentage Rent for each
                  Lease Year. Percentage Rent shall be payable quarterly in
                  arrears in four (4) installments, on the Rent Payment Date
                  occurring in April, July, August and January of each Lease
                  Year, in respect of the quarter ending in the prior month,
                  commencing in 1999."

2.       Notwithstanding anything in the Lease to the contrary, in calculating
         Percentage Rent for the Lease Year comprised of the period from the
         Commencement Date through and including December 31, 1999 (such Lease
         Year, the "First Lease Year"), the Breakpoint set forth in the Lease
         with respect to the First Lease Year shall be multiplied by a fraction
         the numerator of which is

<PAGE>

AmeriCold Logistics, LLC                                                     -2-

         the Receipts for the Leased Property during the First Lease Year and
         the denominator of which is the Receipts for the Leased Property for
         the Fiscal Year beginning on January 1, 1999 and ending on December 31,
         1999.

3.       For the sake of clarity, the parties hereto agree and acknowledge that
         all expenses relating to or resulting from modifications or upgrades to
         the computer software and other computer applications purchased by
         Tenant (or an affiliate thereof) from Landlord (or an affiliate
         thereof) carried out by Tenant to enable such software or other
         computer applications to perform date-sensitive functions for all dates
         before and after January 1, 2000 (the so called, "Year 2000 Problem")
         shall not be included in "Additional Charges" and, instead, shall be
         the responsibility of Landlord.

4.       The Lease remains in full force and effect and, except as set forth
         herein, is unmodified.

5.       This Agreement may be executed in any number of counterparts each of
         which when so executed shall constitute one and the same instrument;
         and the delivery of this Agreement may be effected by facsimile.

<PAGE>

AmeriCold Logistics, LLC                                                     -3-

6.       This Agreement shall be effective as of March 11, 1999.

                                            VC OMAHA HOLDINGS, L.L.C.

                                            By: /s/ Daniel F. McNamara
                                                   Name:  Daniel F. McNamara
                                                   Title: President & CEO

                                            CARMAR FREEZERS THOMASVILLE L.L.C.

                                            By: VC Omaha Holdings, L.L.C.,
                                                its sole member

                                               By: /s/ Daniel F. McNamara
                                                   Name:  Daniel F. McNamara
                                                   Title: President & CEO

<PAGE>

AmeriCold Logistics, LLC                                                     -4-

AGREED AND ACKNOWLEDGED:

AmeriCold Logistics, LLC

By:      /s/ Frederick B. Beilstein
         Name:    Frederick B. Beilstein
         Title:   Treasurer & CFO

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00034-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00034-of-00352.parquet"}]]