Document:

Employment Agreement between us and Shaun Mara dated April 21, 2010

 Exhibit 10.27 
 April 21, 2010 
 Shaun Mara 
 Dear Shaun: 
 I am pleased to offer you the position of Senior Vice President and Chief
Accounting Officer for Dean Foods Company. This position will report to me and is based in Dallas, TX. 
 We look forward to having you join
our team on or before June 28, 2010. 
 Here are the specifics of your offer and the pre-employment requirements that must be satisfied:

 Base Salary 
 You will be
paid $14,583.34 on a semi-monthly basis, less payroll taxes, which equates to an annual salary of $350,000.00, less payroll taxes. 
 Annual
Incentive Opportunity 
 You will be eligible to earn an annual incentive as a participant in the Dean Corporate Short-Term Incentive Plan
with a target amount equal to 50% of your annualized base salary, subject to the achievement of certain financial targets for Corporate Staff and certain individual objectives. If you start on or before June 28, 2010, for 2010, your incentive
payment will be prorated based on your actual start date and will be guaranteed at $100,000 or actual achievement (whichever is greater). 

Signing Bonus 
 Additionally, if you
start on or before June 28, 2010, you will receive a one-time signing bonus of $50,000.00, less payroll taxes, the first full pay period following the completion of 30 days of employment. If you voluntarily leave Dean Foods without good reason
during your first year of employment, you will be responsible for reimbursing Dean Foods on a prorated basis (based on number of months worked) for this one-time signing bonus. 
 Sign-on Long Term Incentive Compensation 
 For 2010, subject to Compensation Committee
approval, you will be granted options to purchase shares of Dean Foods common stock having a Black Scholes value, of $125,000. The options will vest in equal installments over a period of three years, beginning on the first anniversary of the date
of the grant. In addition, you will be granted restricted stock units having a value of $125,000. These restricted stock units will vest in equal installments over a period of three years, beginning on the first anniversary of the date of the grant.

 You are also eligible for future equity grants under the Dean Foods Long Term Incentive Program. The amount and nature of any future
long-term incentive awards will be determined by the Dean Foods Board of Directors. 
 For 2011, subject to Compensation Committee approval,
your long term incentive compensation will have a target value of no less than $250,000 and will be comprised of 30% stock options, 30% restricted stock units and 40% performance cash units (based on the 2010 Dean Foods Long Term Incentive Program).

 Executive Deferred Compensation Plan 
 You will be eligible to participate in the Executive Deferred Compensation Plan. The plan provides eligible executives with the opportunity to save on a tax-deferred basis. You will receive general
information and enrollment materials at your home address approximately 30 - 45 days after your start date. 
 Paid Time Off (PTO)

 You will be granted twenty (20) days of PTO. For 2010, your PTO will be prorated based on your actual start date. Unused PTO is not
carried forward from year to year. 
 COBRA Support 
 Should you elect COBRA (health insurance) coverage from your previous employer, Dean Foods will reimburse you for your COBRA premiums (less your comparable Dean Foods contribution) until you become
eligible for Dean Foods benefits (first of the month following 60 days of employment). 

 Benefits Plan 
 Attached to this letter is an overview of Dean Foods’ Health Benefits, 401k program, and all other benefits. Additionally, you are eligible for executive benefits that include a Supplemental
Executive Retirement Plan (SERP), an executive long-term disability program, and company paid annual physical. If you have questions regarding these programs or eligibility, please call Gwen Rodriguez at 214-303-3738.  

Change-In-Control Provisions 
 You will
be provided a Change in Control agreement comparable to that currently provided to other Dean Foods Corporate Senior Vice Presidents. In general, this agreement provides benefits to two times your annual salary and target bonus, plus vesting of all
equity awards and continued health coverage for a two-year period in certain circumstances following a Change in Control. The details of these provisions are set forth more fully in the Change of Control Agreement. 

Severance 
 Dean Foods maintains an
Executive Severance Plan, and we will provide you a copy of this plan. For purposes of this plan, you are considered a Corporate Senior Vice President. 
 New Hire Processes 
 This offer of employment is contingent upon your submission to and
successful completion of a background check and drug screen. You are also required to comply with the Dean Foods Code of Ethics as a condition of employment. Your employment is on an at-will basis. 

Conclusion 
 Shaun, I am very excited
about the opportunities at Dean Foods and very excited to have you be a part of our team. I am confident that with your experience, skills, vision and standards, you will make significant contributions to our company in the years to come.

  

	
	Best regards,
	
	/s/ Jack Callahan
	
	Jack Callahan
	Executive Vice President, Chief Financial Officer

  

	
	Agreed and accepted:
	
	 /s/ Shaun Mara

	Shaun Mara
	
	 May 26, 2010

	Date

  
 2Employment Agreement between us and Thomas Zanetich dated February 18, 2011

 Exhibit 10.42 
 February 18, 2011 
 Thomas N. Zanetich 

Dear Tommy: 
 Congratulations
on your promotion to Executive Vice President - Human Resources. This position will report to me. 
 Here are the specifics of your
offer: 
 Effective Date 
 This promotion is effective February 18, 2011. 
 Base Salary 

You will be paid $16,153.84 on a bi-weekly basis, less payroll taxes, which equates to an annual salary of $420,000, less payroll taxes.
Your salary will be reviewed annually by our Compensation Committee, with the next review during our 2012 annual cycle. 
 Annual Incentive
Opportunity 
 Effective January 1, 2011, you will be eligible to earn an annual incentive as a participant in the Dean
Foods Corporate Short-Term Incentive Plan with a target amount equal to 60% of your annualized base salary, subject to the achievement of certain financial targets for Dean Foods, and certain individual objectives. 

Long Term Incentive Compensation – Annual Grant for New Role 
 On February 18, 2011, the Compensation Committee approved a long-term incentive target award of $525,000. You were granted 27,174 shares of restricted stock, 35,849 non-qualified stock options, with
a strike price as of close of business February 18, 2011, and a target performance cash award of $131,250. The restricted stock units and non-qualified stock options will vest in equal installments over a period of three years, beginning on the
first anniversary of the date of the grant. The performance cash will vest December 31, 2013 and payment, if any, will be made in the first calendar quarter following the vest date. The amount and nature of any future long-term incentive awards
will be determined by the Compensation Committee of the Board of Directors. 

 Insider Trading 
 As an Executive Officer, you will have access to sensitive business and financial information. Accordingly, you will be prohibited from trading Dean Foods securities (or, in some circumstances, the
securities of companies doing business with Dean Foods) from time to time, in accordance with the Company’s Insider Trading Policy. 

Dean Foods Executive Severance Plan 
 Dean Foods maintains an Executive Severance Plan (“Severance Plan”) and, at your request, you will be provided with a copy. 
 Change-In-Control Provisions 
 You will be provided a Change-In-Control
Agreement comparable to that currently provided to other Dean Foods Executive Officers. 
 Benefits 

You will continue to be eligible for FlexSelect benefits (medical, dental, vision), 401(k), Executive Deferred Compensation, Supplemental
Executive Retirement Plan (SERP), Executive Long-Term disability, and more. 
 Conclusion 

Tommy, I appreciate your commitment to Dean Foods and taking the leadership of the Human Resources function. I look forward to your
continued significant contributions and working with you more closely as Executive Vice President, Human Resources. 
  

	
	 Best regards,

	
	 /s/ Gregg Engles

	
	 Gregg Engles

	 Chief Executive Officer

  

	
	 Agreed and accepted:

	
	 /s/ Thomas N. Zanetich

	 Thomas N. Zanetich

	
	 February 18, 2011

	 Date

  
 2Amendment to Employee Agreement

 Exhibit 10.44 
 FOR TRANSLATION PURPOSES ONLY – ORIGINAL AGREEMENT TO BE EXECUTED IN DUTCH 

AMENDMENT TO THE EMPLOYMENT AGREEMENT 
  

			
	BETWEEN:	  	ALPRO Comm. Venn. op aandelen, previously ALPRO N.V., having its registered office at 8560 Wevelgem, Vlamingstraat 28, acting in its capacity as employer of
Mr Bernard Deryckere,
		
		  	Represented by Carl De Clercq, Human Resources Director,
		
		  	Hereafter referred to as “the Company”,
		
	AND:	  	Mr Bernard DERYCKERE, domiciled at 9830 Sint-Martens-Latem, Bogaertstraat 9,
		
		  	Hereafter referred to as “Mr Deryckere”,
		
		  	Hereafter referred to together as “the Parties”;

 BACKGROUND 
 WHEREAS ALPRO N.V. has been converted into a commanditaire vennootschap op
aandelen under Belgian corporate law by decision of an extraordinary shareholders meeting. 
 WHEREAS the Parties have entered into an
open-ended employment agreement on April 13, 2001 effective September 1, 2001 for the position of Managing Director of the Soy Foods Division (as amended on December 31, 2002, the “Employment Contract”); 

WHEREAS Mr Deryckere, in the performance of his Employment Contract exercizes responsibilities in Belgium (40%), the United Kingdom (15%), Germany (15%),
France (20%) and the Netherlands (10%), without however the existence of local employment contracts between Mr Deryckere and any subsidiary in the countries mentioned above other than the Employment Contract; for his international
responsibilities within the group, Mr Deryckere receives a global salary which is paid according to a salary split arrangement in accordance with the division of responsibilities mentioned earlier; 

WHEREAS on July 2, 2009, the shares of the Company were acquired by a wholly owned, indirect subsidiary of Dean Foods Company (“Dean
Foods”), such that Dean Foods is the ultimate parent company of the Company; 

 WHEREAS the Company and Mr Deryckere wish to amend the Employment Contract in order to better align its
terms and conditions with certain policies of Dean Foods; 
 WHEREAS for good and valuable consideration, the receipt and sufficiency of which
is hereby acknowledged, the Parties have convened and agreed to amend the Employment Contract as follows. 
 IT IS AGREED AS
FOLLOWS: 
 ARTICLE 1 – Entire agreement 
 The present addendum (hereafter referred to as “the Addendum”) constitutes an addendum to the Employment Contract, which remains unaltered to the extent that it has not been modified or
superseded by the Addendum. This Addendum, coupled with the Employment Contract, constitute the entire agreement between the parties with respect to the subject matters described therein, and any modification to their respective terms and conditions
set forth therein must be made in a written agreement duly executed and delivered by both Parties. 
 For the avoidance of doubt, Parties
explicitly agree that Article 16 of the Employment Contract, as well as Article 5 of the addendum executed on December 31st, 2002, will be stricken from the Employment Contract and replaced by the provisions of the present Addendum. 

ARTICLE 2 – Termination 
 2.1 The
agreement entered upon by the parties on April 13th, 2001 regarding the period of notice, as mentioned in article 7 of the Employment Contract, remains applicable. 
 As mentioned in article 7, this agreement states that in case the Employment Contract is terminated by the Company, Mr Deryckere is entitled to a period of notice of 24 months assuming he may not lay
claim to a longer period of notice based on his seniority, i.e. by application of the formula determined in article 82, §2 of the Employment Contracts Act, namely 3 months per started period of 5 years of seniority. 

The notice period may be replaced in whole or in part by the payment by the Company of a gross severance indemnity, which will be calculated on a
Termination Basis, as described in Article 2.4 and subject to the conditions laid down in Article 2.4. 
 2.2 The Company commits itself not to
terminate the Employment Contract except for serious cause. In case the Company does terminate the Employment Contract without serious cause, the Company shall pay Mr Deryckere an amount of fixed damages equivalent to a 12 months’ salary on top
of the period of notice or corresponding severance indemnity agreed upon in accordance with article 7 of the Employment Contract. In case the period of notice or corresponding severance indemnity would exceed 24 months, the amount of fixed damages,
due to violation of the interdiction on dismissal, shall be reduced by the number of months by which the period of notice or corresponding severance indemnity would exceed the period of 24 months. 

The amount of fixed damages will be calculated, taking into account the Termination Basis, as described in Article 2.4 and subject to the conditions laid
down in Article 2.4. 
 2.3 For the purpose of Article 7 of the Employment Contract and this Addendum, Termination shall mean: 

 

	 	(i)	the termination of the Employment Contract by the Company other than for serious cause as defined under Article 35 of the Employment Contracts Act, or

  

	 	(ii)	the termination of the Employment Contract by Mr Deryckere, following the occurrence of one or more of the following events: 

 

	 	a.	a material reduction in Mr Deryckere’s annual base salary, target annual bonus opportunity or the aggregate value of Mr Deryckere’s benefits (unless a similar
reduction is applied broadly to similarly situated employees of the Company or peers in the group which the Company is part of and which is identified based on consolidated annual accounts (“the Group”)), 

 

	 	b.	a material reduction in the scope of Mr Deryckere’s duties and responsibilities, who currently works as CEO of the Company, with responsibilities in the above
mentioned countries, 

	 	c.	the relocation of Mr Deryckere’s principal place of employment to a location that is more than 50 miles from such prior location of employment.

 In order for a termination by the Executive to constitute a Termination 

 

	 	(i)	the Executive must establish towards the Company the circumstances justifying a termination in writing not later than the 60th working day after it has arisen or
occurred, 

  

	 	(ii)	the Company must not have cured such circumstances within 30 working days of receipt of such notice and 

 

	 	(iii)	Mr Deryckere terminates employment within three months following the month of receipt of the above mentioned notice, in compliance with the notification terms of the
Employment Contract. 

 2.4 For the purpose of Article 7 of the Employment Contract and this Addendum, the Termination Basis for
the calculation of the severance indemnity and the fixed damages, mentioned in Article 2.1 and 2.2 respectively, will, subject to the conditions mentioned under Article 2.4 (iv), include: 

 

	 	(i)	The worldwide current salary at the moment of termination and the advantages obtained by virtue of the contract; and 

 

	 	(ii)	recurrent bonuses acquired in the course of 12 months before termination regardless of whether these bonuses were paid by the Company or any other Company from the
group; and 

  

	 	(iii)	cash payment equal to the value of Mr Deryckere’s mid-term incentive compensation awards granted during the 12 months prior to termination, calculated in a manner
that is within the discretion of the chief human resources officer of Dean Foods and reasonably consistent with similar calculations made for U.S. based executive officers similary positioned to Mr Deryckere, regardless of whether these cash
payments were paid by the Company or any other Company from the group; however, 

	 	(iv)	provided that payment pursuant to Article 2.4 will be explicitly conditional upon the voluntary resignation by Mr Deryckere, at Termination, from any and all
mandates, positions or offices or employment relations he would have with any entity or subsidiary of the Group, other than with the Company (Alpro Comm. Venn. op aandelen) without giving him any supplementary entitlement to a notice, severance
indemnity or damages due by any such company of the Group other than the notice, cq. severance indemnity or damages due pursuant to the Addendum. Mr Deryckere acknowledges and agrees that if any such mandate, position or office or employment
relation would entitle him, notwithstanding aforementioned voluntary resignation by Mr Deryckere, to any additional notice, severance or damages other than provided in the present Addendum, such amounts shall be deducted from the severance indemnity
and/or fixed damages as covered by the Addendum. 

 2.5 The compensations mentioned in articles 2.1 and 2.2 are owed by the
Company, but will be paid via any of the companies of the group in relation to the prorata parte responsibilities of Mr Deryckere for any of these companies as mentioned in the introduction to the present Addendum. 

ARTICLE 3 – Non-competition 
 In
view of the international activities of the Company, upon Mr Deryckere’s termination of service from the Company as described hereunder, during the period and in the territories specified below, Mr Deryckere shall be prohibited from
carrying on or setting up a personal enterprise or by being employed or engaged in a competing business with similar activities to the Company and Dean Foods and its group companies, thus having the opportunity, directly or indirectly, to cause a
prejudice to the Company, Dean Foods or its group companies, by using for himself or for the profit of a competitor his knowledge of any practice specific to the Company, Dean Foods or its group companies, which he has acquired or developed, either
directly or indirectly, during his employment with the Company. 
 At the date of signing the Addendum, similar activities means, without being
limited to, the manufacturing, distribution, sale or marketing of (i) soy milk or any other soy-based beverage or cultured soy product, (ii) soy-based meat replacement products, and (iii) plant-based beverages and products other than
soy including without limitation nut milks, rice milks, grain milks, and other similar dairy milk replacement products or other dairy replacement products. This list will also include any other product not listed above that will be developed or sold
by the Company at the time prior to Mr Deryckere’s termination of service from the Company. 
 This prohibition shall apply during a
period of twenty-four (24) months as of Mr Deryckere’s termination of service from the Company, and shall cover all countries in which the Company has developed activities at the time of termination. At the date of signing the Addendum,
the Company’s field of activities extends to the present 27 member states of the European Union, Israel, Turkey and Canada. 

 This non-competition clause shall apply in the following cases: 

 

	 	•	 	 resignation by the Employee, 

  

	 	•	 	 dismissal by the Company with or without serious cause, 

 

	 	•	 	 termination of this agreement by mutual consent of the Parties. 

 In return for the enforcement of this non-competition clause, Mr Deryckere shall be granted a gross single compensatory lump-sum indemnity, unless the Company has waived the applicability of the
non-competition clause in writing within fifteen (15) calendar days after Mr Deryckere’s termination of service from the Company. The amount of this indemnity shall be equal to one half of the gross remuneration of Mr Deryckere
corresponding to the period of effective enforcement of this non-competition clause. It will be payable within thirty (30) calendar days after Mr Deryckere’s termination of service from the Company. 

In the case of enforcement of this clause, and if Mr Deryckere fails to comply with its provisions, he shall repay to the Company an amount equivalent to
the gross indemnity which he received and shall, in addition, pay an amount equivalent to this indemnity, without prejudice to the indemnification of any additional damages which may be claimed by the Company. 

ARTICLE 4 – Non-disparagement 
 Mr
Deryckere and the Company agree that, for so long as Mr Deryckere remains employed by the Company, and for a period of two years following the termination of the Employment Contract, neither Mr Deryckere nor the Company will make or authorize any
public statement, whether orally or in writing, that disparages the other party hereto with respect to such other party’s business interests or practices; provided, that neither party shall be restricted in connection with statements made in
context of any litigation, arbitration or similar proceeding involving the other party hereto. Mr Deryckere shall observe the same commitment towards any company of the Dean Foods group. 
 ARTICLE 5 - Non-sollicitation 
 Mr Deryckere hereby agrees that, during the term of his
employment with the Company and for a period of two years thereafter, he will not, directly or indirectly, individually or on behalf of or in conjunction with any person or entity other than the Company or any of its affiliates, solicit, induce,
recruit or encourage, whether directly or indirectly, any individual who is employed by or working for the Company, its affiliates or any company of the Dean Foods group to leave his or her employment or service with the Company, its affiliates or
any company of the Dean Foods group, or offer to employ or work with any individual who is employed by or working for any such company. For the purposes of this section, an individual who is employed by or working for the Company, its affiliates or
any company of the Dean Foods group shall be deemed to be an individual who is employed by or working for any such company while employed by or working for any such company and for a period of 60 days thereafter. 

 ARTICLE 6 - Restrictions 
 Mr Deryckere acknowledges that the restrictions contained in this Addendum correctly set forth the understanding of the parties at the time the Addendum is entered into, are reasonable and necessary to
protect the legitimate interests of the Company, and that any violation will cause substantial injury to the Company. He also acknowledges having had sufficient time to examine this amendment and to consider freely its opportunity so that it is the
true representation of his informed consent. 
 The nullity of any part of the Addendum shall not affect the validity of other parts of the
addendum. 
 If any court having jurisdiction shall find that any part of the restrictions set forth in this Addendum are unreasonable or
unenforceable in any respect, it is the intent of the parties that the restrictions set forth herein shall not be terminated, but that this Agreement shall remain in full force and effect to the extent (as to time periods and other relevant factors)
that the court shall find reasonable and/or that the parties have agreed on with respect to the Parties’ present intention. 
 ARTICLE 7
- Confidentiality 
 Mr Deryckere agrees, at all times during his employment by the Company, not to discuss in any manner (whether to
individuals inside or outside the Company), the terms of, this Agreement without the prior written consent of the Company, except to the extent required by law in which case he will make his best efforts to inform the Company prior to when he is
required to disclose the said information and to accommodate the authorities’ request in the utmost respect of the Company’s interests. 
 Executed on February 4, 2011 at Sint-Denijs-Westrem in two (2) original copies, each party assisted by its Counsel, having received one copy, duly initialled and signed by each of them.

  

			
	For the Company	  	Bernard Deryckere
	(read and approved)	  	(read and approved)
		
	/s/ Carl De Clercq	  	/s/ Bernard Deryckere
		
	Carl De Clercq	  	
	HR Director	  	
	Duly authorized

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00185-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00185-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00185-of-00352.parquet"}]]