Document:

Amended Wells Fargo Credit Note, dated February 1, 2003

 Exhibit 10.1 
  
 FIRST AMENDMENT TO CREDIT AGREEMENT 
  

THIS FIRST AMENDMENT TO CREDIT AGREEMENT (this “Amendment”) is entered into as of February 1, 2003, by and between GARDEN FRESH RESTAURANT
CORP., a Delaware corporation (“Borrower”), and WELLS FARGO BANK, NATIONAL ASSOCIATION (“Bank”). 
  
 RECITALS 
  
 WHEREAS, Borrower is currently indebted to Bank pursuant to the terms and conditions of that certain Credit Agreement between Borrower and Bank dated as of November 1, 2002, as amended from time to time (“Credit Agreement”).

  
 WHEREAS, Bank and Borrower have agreed to certain changes in
the terms and conditions set forth in the Credit Agreement and have agreed to amend the Credit Agreement to reflect said changes. 
  
 NOW, THEREFORE, for valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree that the Credit
Agreement shall be amended as follows: 
  

	1.	 	Sections 1.1. (c) and (d) are hereby renumbered as Sections 1.1. (d) and (e). 

  

	2.	 	The following is hereby added to the Credit Agreement as the new section 1.1. (c): 

  
 “(c) Letter of Credit Subfeature. As a subfeature under the Line of Credit, Bank agrees from
time to time during the term thereof to issue or cause an affiliate to issue standby or commercial letters of credit for the account of Borrower to accommodate various business needs including but not limited to insurance purposes (each, a
“Letter of Credit” and collectively, “Letters of Credit”); provided however, that the aggregate undrawn amount of all outstanding Letters of Credit shall not at any time exceed Two Million dollars ($2,000,000.00) The form and
substance of each Letter of Credit shall be subject to approval by Bank, in its sole discretion. Each Letter of Credit shall be issued for a term not to exceed there hundred sixty-five (365) days, as designated by Borrower; provided however, that no
Letter of Credit shall have an expiration date more than sixty (60) days beyond the maturity date of the Line of Credit. The undrawn amount of all Letters of Credit shall be reserved under the Line of Credit and shall not be available for borrowings
thereunder. Each Letter of Credit shall be subject to the additional terms and conditions of the Letter of Credit agreements, applications and any related documents required by Bank in connection with the issuance thereof. Each drawing paid under a
Letter of Credit shall be deemed an advance under the Line of Credit and shall be repaid by Borrower in accordance with the terms and conditions of this Agreement applicable to such advances; provided however, 

 
that if advances under the Line of Credit are not available, for any reason, at the time any drawing is paid, then Borrower shall immediately pay to Bank the
full amount drawn, together with interest thereon from the date such drawing is paid to the date such amount is fully repaid by Borrower, at the rate of interest applicable to advances under the Line of Credit. In such event Borrower agrees that
Bank, in its sole discretion, may debit any account maintained by Borrower with Bank for the amount of any such drawing.” 
  
 3. The following is hereby added to the Credit Agreement as the new Section 1.2. (d): 
  
 “(d) Letter of Credit Fees. Borrower shall pay to Bank (i) fees upon the issuance of each Letter
of Credit equal to one and one quarter percent (1.25%) per annum (computed on the basis of a 360-day year, actual days elapsed) of the face amount thereof, and (ii) fees upon the payment or negotiation of each drawing under any Letter of Credit and
fees upon the occurrence of any other activity with respect to any Letter of Credit (including without limitation, the transfer, amendment or cancellation of any Letter of Credit) determined in accordance with Bank’s standard fees and charges
then in effect for such activity.” 
  
 4. Section 4.3.(d) is
hereby deleted in its entirety, and the following substituted therefor: 
  
 (d) not later than 60 days after and as of each December 30th and June 30th, a
report detailing store sales, margin and cash-flow with year to year comparisons for all stores;” 
  
 5. Except as specifically provided herein, all terms and conditions of the Credit Agreement remain in full force and effect, without waiver or
modification. All terms defined in the Credit Agreement shall have the same meaning when used in this Amendment. This Amendment and the Credit Agreement shall be read together, as one document. 
  
 6. Borrower hereby remakes all representations and warranties contained in
the Credit Agreement and reaffirms all covenants set forth therein. Borrower further certifies that as of the date of this Amendment there exists no Event of Default as defined in the Credit Agreement, nor any condition, act or event which with the
giving of notice or the passage of time or both would constitute any such Event of Default. 
  

 2 

 IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed as of the day and year
first written above. 
  

	 GARDEN FRESH RESTAURANT CORP.
	 	 	 	 WELLS FARGO BANK, NATIONAL ASSOCIATION

					
	 By:
	 	 /s/ David W. Qualls

	 	 	 	 By:
	 	 /s/ Alva Diaz

	 Title:
	 	 CFO
	 	 	 	 	 	 Alva Diaz

	 	 	 	 	 	 	 	 	 Vice President

  

 3Employment Agreement Amendment with Lanny H. Michael

 Exhibit 10(a) 
  
 April 11, 2003 
  
 Mr. Lanny H. Michael 
 c/o Airborne Express, Inc. 
 Post Office Box 662 
 Seattle, WA 98111 
  
 Dear Mr. Michael: 
  
 The purpose of this letter is to amend the letter agreement by and among you, Airborne, Inc. and Airborne Express, Inc. dated August 7, 2001 (the
“Agreement”) to provide a window period following a “change in control” (as defined in the Agreement) during which you may terminate your employment with the Company (as defined in the Agreement) without any reason and still be
entitled to the benefits set forth in Section 7 of the Agreement and to establish your current base pay and bonus payable for 2002 as the floor for calculating the multiple of base pay and bonus portions of the benefits payable under the Agreement.
Accordingly, your Agreement is hereby amended as follows: 
  

	 	1.	 	Section 6 is amended by changing the title to “Window Period; Good Reason.” 

  

	 	2.	 	Section 6 is further amended by adding the following sentence at the beginning: 

  
 “You may terminate your employment with the Company during the Window Period without any reason and
receive the benefits set forth in Section 7. For purposes of this Section 6, “Window Period” shall mean the 30-day period immediately following the first anniversary of the date of the ‘change in control.’” 
  

	 	3.	 	Section 7(b)(i) is amended in its entirety to read as follows: 

  
 “(i) The sum of A and B, multiplied by the number set forth in paragraph (b)(ii) below, where 
  
 A is the highest of the following: (1) your annual base
salary at the rate in effect as of your termination, (2) your annual base salary at the highest rate in effect during the two-year period prior to the date of termination, and (3) $370,000, and 
  
 B is the amount of any additional compensation, including
any sums awarded under the Executive Incentive Compensation Plan (“EICP”), the Executive Group Incentive Compensation Plan (“EGICP”) and the Management Incentive Compensation Plan (“MICP”) (or any replacement or
successor plans), awarded you for the year most recently ended, whether or not fully paid, or, if higher, such additional compensation for the year in which your termination 

 Mr. Lanny H. Michael 
 Page Two 
 April 11, 2003 
  
 occurred, determined in accordance
with the following principles: the additional compensation under such plans for the year in which your termination occurred shall be (1) for the period up until the end of the most recent quarter-end prior to termination, a pro rata amount of the
annual award that would have been made assuming (i) to the extent such award is based on an objective performance measure, the actual performance for that period, expressed as a percentage of target for that measure during the period, continued the
entire year, and (ii) to the extent the award is based on other factors or if the target performance was not established prior to the applicable quarter-end, the award shall be made by assuming performance for the year equaled the weighted average
of percentages of target performance achieved for the objective measures for such period, and (2) for the remaining period, a pro rata amount of the annual award that would have been made assuming performance for each measure for the year equaled
the targets.1 The additional compensation for such year under any replacement or successor to such plans shall be
based on comparable principles. Notwithstanding the foregoing, in no event shall B be less than $337,429.” 
  
 If you agree that this letter correctly sets forth our agreement regarding the amendment of the Agreement, sign and return to the Company the enclosed
copy of this letter and retain your copy for your files. 
  

	 AIRBORNE, INC.

		
	 By
	 	 /s/ Carl D. Donaway

	 	 	 Its
	 	 Chairman and Chief Executive Officer

  

	 AIRBORNE EXPRESS, INC.

		
	 By
	 	 /s/ David C. Anderson

	 	 	 Its
	 	 Vice President, General Counsel

	 	 	 	 	 and Corporate Secretary

  

	 /s/ Lanny H. Michael

	 	 	 	 	 Lanny H. MichaelEmployment Agreement Amendment with Bruce Grout

 Exhibit 10(b) 
  
 April 11, 2003 
  
 Mr. Bruce E. Grout 
 c/o Airborne Express, Inc. 
 Post Office Box 662 
 Seattle, WA 98111 
  
 Dear Mr. Grout: 
  
 The purpose of this letter is to amend the letter agreement by and among you, Airborne, Inc. and Airborne Express, Inc. dated August 7, 2001 (the
“Agreement”) to establish your current base pay and bonus payable for 2002 as the floor for calculating the multiple of base pay and bonus portions of the benefits payable under the Agreement. Accordingly, your Agreement is hereby amended
as follows: 
  

	 	1.	 	Section 7(b)(i) is amended in its entirety to read as follows: 

  
 “(i) The sum of A and B, multiplied by the number set forth in paragraph (b)(ii) below, where 
  
 A is the highest of the following: (1) your annual base
salary at the rate in effect as of your termination, (2) your annual base salary at the highest rate in effect during the two-year period prior to the date of termination, and (3) $260,000, and 
  
 B is the amount of any additional compensation, including
any sums awarded under the Executive Incentive Compensation Plan (“EICP”), the Executive Group Incentive Compensation Plan (“EGICP”) and the Management Incentive Compensation Plan (“MICP”) (or any replacement or
successor plans), awarded you for the year most recently ended, whether or not fully paid, or, if higher, such additional compensation for the year in which your termination occurred, determined in accordance with the following principles: the
additional compensation under such plans for the year in which your termination occurred shall be (1) for the period up until the end of the most recent quarter-end prior to termination, a pro rata amount of the annual award that would have been
made assuming (i) to the extent such award is based on an objective performance measure, the actual performance for that period, expressed as a percentage of target for that measure during the period, continued the entire year, and (ii) to the
extent the award is based on other factors or if the target performance was not established prior to the applicable quarter-end, the award shall be made by assuming performance for the year equaled the weighted average of percentages of target
performance achieved for the objective measures for such period, and (2) for the remaining period, a pro rata amount of the annual award that would 

 Mr. Bruce E. Grout 
 Page Two 
 April 11, 2003 
  
 have been made assuming performance
for each measure for the year equaled the targets.1 The additional compensation for such year under any replacement
or successor to such plans shall be based on comparable principles. Notwithstanding the foregoing, in no event shall B be less than $218,215.” 
  
 If you agree that this letter correctly sets forth our agreement regarding the amendment of the Agreement, sign and return to the Company the enclosed
copy of this letter and retain your copy for your files. 
  

	 AIRBORNE, INC.

		
	 By
	 	 /s/ Carl D. Donaway

	 	 	 Its
	 	 Chairman and Chief Executive Officer

  

	 AIRBORNE EXPRESS, INC.

		
	 By
	 	 /s/ David C. Anderson

	 	 	 Its
	 	 Vice President, General Counsel

	 	 	 	 	 and Corporate Secretary

  

	 /s/ Bruce E. Grout

	 	 	 	 	 Bruce E. Grout

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