Document:

Exhibit 10.21

[Morgan Stanley logo]                      1585 BROADWAY
                                           NEW YORK, NY 10036-8293

                                                               November 27, 2007

                      CUSTOMER FX PRIME BROKERAGE AGREEMENT

Ladies and Gentlemen:

      In consideration of Morgan Stanley & Co. Incorporated ("Morgan Stanley")
agreeing to act as prime broker of each entity specified in Annex B attached
hereto (severally, and not jointly, each a "Customer") with respect to FX
Transactions executed by Advisor with one or more Executing Dealers and given up
to Morgan Stanley in accordance with the terms of this Agreement, each Customer
hereby agrees as follows:

1.    DEFINITIONS

o "Advisor" means any third-party commodity trading advisor listed on Annex B.
If Customer directs Morgan Stanley to accept trading instructions from an
Advisor, unless otherwise agreed in writing, Customer hereby appoints such
Advisor as Customer's agent for the purpose of receiving all communications,
notices and requests for instructions related to this Agreement and the
transactions effectuated pursuant to this Agreement, including, without
limitation, margin calls and any trading information or advice (subject to
Section 6(b) hereof). Advisor is authorized to access and use electronic
services, facilities and information provided electronically, including but not
limited to electronic trading systems, and on behalf of Customer, to agree to
the terms and conditions regarding such use and to enter into electronic trading
agreements. Customer hereby agrees to indemnify and hold Morgan Stanley harmless
from and to pay Morgan Stanley promptly on demand any and all losses arising
from Customer's appointment of Advisor; Morgan Stanley shall be protected in
continuing to act in reliance on the appointment of the Advisor until Morgan
Stanley receives written notice thereof; and termination of the appointment of
the Advisor shall not affect any liability in any way resulting from
transactions initiated prior to such termination. This indemnity is in addition
to (and in no way limits or restricts) any rights which Morgan Stanley may have
under this Agreement.

o "Agreement" means this document along with all annexes to this document.

o "Collateral" means any and all collateral, margin or other credit support
provided by Customer in accordance with and pursuant to the terms of the Master
Agreement between Customer and Morgan Stanley as security for Customer's
obligations under outstanding Customer FX Transactions and other FX Transactions
governed under such Master Agreement, including any applicable master
cross-entity margining and netting agreement.

o "Customer FX Transaction" means an FX Transaction entered into between
Customer and Morgan Stanley to offset a Give-Up Transaction.

o "Dollar Value means with respect to an amount of currency at any time (i) if
such currency is U.S. Dollars, such amount and (ii) in all other cases, the
amount of U.S. Dollars which could be purchased at the market rate prevailing at
such time against delivery of such amount of currency on a specified settlement
date. Such rate shall be determined by Morgan Stanley (in good faith and in a
commercially reasonable manner) to be the market rate available to Morgan
Stanley at such time in the New York foreign exchange market (or, at the
reasonable election of Morgan Stanley, in the foreign exchange market of any
other financial center in which the currency is traded and which is then open
for business) for the purchase or, as the case may be, sale of one currency
against another currency for delivery on a specified date using the spot or
forward rate as designated in the Notice. If Morgan Stanley is unable to obtain
a market rate pursuant to the preceding sentence, Morgan Stanley will determine
the rate in good faith and in a commercially reasonable manner.

o "Executing Dealers" means dealers in the foreign exchange market, other than
Morgan Stanley, with which Advisor on behalf of Customer executes Give-Up
Transactions, subject to the terms and conditions of this Agreement.

o "FX Transaction" shall have the meaning set out in the 1998 FX and Currency
Option Definitions as published by the International Swaps and Derivatives
Association, Inc., the Emerging Markets Traders Association and The Foreign
Exchange Committee.

o "Give-Up Agreement" means the Master FX Give-Up Agreement between Morgan
Stanley and each Executing Dealer regarding the execution of Give-Up
Transactions.

o "Give-Up Notice" means a notice in the form attached as an exhibit to the
Give-Up Agreement between Morgan Stanley and an Executing Dealer setting forth
specific limitations and parameters for the execution of Give-Up Transactions by
a particular Advisor on behalf of Customer with such Executing Dealer.

o "Give-Up Transaction" means any FX Transactions that are executed between
Advisor on behalf of Customer and an Executing Dealer and given up to Morgan
Stanley, as prime broker, in accordance with and subject to the terms and
conditions of this Agreement.

o "Master Agreement" means any form of agreement or general terms and conditions
governing FX Transactions between the parties to such Master Agreement and
Collateral, including, without limitation, a master NDF agreement related to
terms and conditions for non-deliverable FX Transactions in specified currencies
and any applicable master cross-entity margining and netting agreement.

o "Net Daily Settlement Amount" means, with respect to Give-Up Transactions
executed by Advisor on behalf of Customer with an Executing Dealer, and for any
settlement date, the sum of the Dollar Value for each currency for which the
aggregate Dollar Value would result in a net amount owed to Morgan Stanley by
such Executing Dealer with respect to such Give -Up Transactions.

o "Net Open Position" means, with respect to Give-Up Transactions executed by
Advisor on behalf of Customer with an Executing Dealer, the aggregate amount
owed by such Executing Dealer to Morgan Stanley calculated as follows: (i) for
each such Give-Up Transaction, determine the Dollar Value for each currency
(including U.S. dollars) owed by such Executing Dealer to Morgan Stanley or owed
by Morgan Stanley to such Executing Dealer under each Give-Up Transaction; (ii)
for each currency (including U.S. Dollars), determine the net Dollar Value
amount owed by such Executing Dealer to Morgan Stanley or owed by Morgan Stanley
to such Executing Dealer by summing the Dollar Value of all long and short
positions in such currency as determined in clause (i) above; and (iii)
aggregate the Dollar Value amount determined pursuant to clause (ii) above for
each currency with respect to which such Executing Dealer owes a net aggregate
amount to Morgan Stanley.

2. MORGAN STANLEY AS PRIME BROKER. In connection with any FX Transactions where
Morgan Stanley acts as prime broker for the Customer:

(a) Advisor on behalf of Customer may execute Give-Up Transactions only with
Executing Dealers that have been approved by Morgan Stanley, at its discretion,
for the execution of Give-Up Transactions with Customer and that have entered
into a Give-Up Agreement, a Give-Up Notice with respect to Customer, and a
Master Agreement with Morgan Stanley, and provided that Customer has posted a
sufficient minimum amount of Collateral pursuant to the terms of the Master
Agreement between Morgan Stanley and Customer prior to the execution of any
Give-Up Transaction with any Executing Dealer. Advisor on behalf of Customer
shall not be permitted to execute Give-Up Transactions with more than fifteen
Executing Dealers at any given time. Morgan Stanley may terminate its approval
of any Executing Dealer at any time and in its sole discretion, provided that
Morgan Stanley promptly notifies Customer and Advisor of any such determination
to terminate approval. Such termination shall be effective with respect to any
FX Transactions executed by Customer with such Executing Dealer after the giving
of such notice.

(b) Customer understands that Morgan Stanley will only accept Give-Up
Transactions executed by Advisor on behalf of Customer with an Executing Dealer
that are within the limitations and parameters set forth in the corresponding
Give-Up Notice (a copy of which shall be provided to Customer and Advisor by
Morgan Stanley) to the Give-Up Agreement for such Customer with such Executing
Dealer and provided that Customer has posted with Morgan Stanley a sufficient
amount of Collateral, to be determined in Morgan Stanley's reasonable discretion
based on market indicia, to cover the initial exposure for Customer FX
Transactions related to such Give-Up Transactions. If Advisor on behalf of
Customer executes a Give-Up Transaction with an Executing Dealer that exceeds
the limitations set forth in the applicable Give-Up Notice, Morgan Stanley shall
have the right to reject such transaction; provided, however, that Morgan
Stanley reserves the right, in its sole discretion, to accept any Give-Up
Transactions that exceed the prescribed limitations, to accept and assign such
Give-Up Transaction to a third party, to close-out and liquidate outstanding
Customer FX Transactions and other FX Transactions entered into with Customer,
and/or to request that Customer provide additional Collateral to Morgan Stanley
in connection with such Give-Up Transaction. If Morgan Stanley rejects a Give-Up
Transaction executed by Advisor on behalf of Customer with an Executing Dealer,
Customer acknowledges and agrees that Morgan Stanley shall have no liability,
whether in contract, tort or otherwise, to Customer or Advisor or the Executing
Dealer with respect to such Give-Up Transaction, and that such rejected
transaction shall be for the sole account and risk of Customer and subject to
the terms and conditions of the Master Agreement (if any) between Customer and
such Executing Dealer.

(c) Subject to the terms and conditions set forth herein, Morgan Stanley agrees
to enter into a Customer FX Transaction with Advisor on behalf of Customer to
offset each applicable Give-Up Transaction executed by Advisor on behalf of
Customer with an Executing Dealer, provided that Morgan Stanley does not reject
such Give-Up Transaction and Customer has posted any upfront Collateral as may
be requested by Morgan Stanley in its sole discretion with respect to such
Customer FX Transaction. The terms of each such Customer FX Transaction shall be
identical to the corresponding Give-Up Transaction. Without limitation of the
foregoing, Morgan Stanley may exercise any and all rights and remedies afforded
to it under the applicable Master Agreement in connection with any Customer FX
Transaction, including but not limited to, the right to liquidate any such
Customer FX Transaction in accordance with and pursuant to the terms and
conditions of the Master Agreement between Customer and Morgan Stanley. In
addition, any Customer FX Transactions shall be subject to the provisions of
such Master Agreement regarding Customer's obligation to deposit and maintain
Collateral. Any Collateral delivered to Morgan Stanley by Customer in connection
with Customer FX Transactions shall be subject in all respects to the terms and
conditions of such Master Agreement, and Morgan Stanley shall be entitled to
exercise any and all rights and remedies afforded to it under such Master
Agreement with respect to such Collateral. In the event of a conflict between
this Agreement and such Master Agreement with respect to any Customer FX
Transaction, the terms of this Agreement will control.

(d) Advisor on behalf of Customer shall provide Morgan Stanley with written
notice of the details of each Give-Up Transaction promptly upon executing such
Give-Up Transaction (the "Trade Details"). Such notification may be made by
Advisor either by (i) transmitting such Trade Details directly in written form
to Morgan Stanley or (ii) affirming the Trade Details transmitted by Morgan
Stanley to Advisor on behalf of Customer, in each case, through Morgan Stanley's
electronic or web-based proprietary systems or services. In the event that
Advisor fails to provide such written notice to Morgan Stanley on a timely
basis, Morgan Stanley shall have the right, in its sole discretion, to reject
such Give-Up Transaction or to execute the corresponding Customer FX
Transactions in accordance with the terms submitted to Morgan Stanley by the
relevant Executing Dealer; provided, however, that Morgan Stanley shall use
reasonable efforts to notify Advisor of missing Trade Details.

(e) In the event that Advisor on behalf of Customer notifies Morgan Stanley of
the Trade Details of any Give-Up Transaction in accordance with subparagraph (d)
above but the terms set forth in such notice differ from the Trade Details of
the Give-Up Transaction reflected in the notice submitted to Morgan Stanley by
the applicable Executing Dealer, Morgan Stanley shall have the right, in its
discretion, to reject such Give-Up Transaction or, notwithstanding anything
herein to the contrary, to delay acceptance of such Give-Up Transaction unless
and until the discrepancies between the notices submitted by Advisor and the
Executing Dealer are reconciled. Advisor understands that it shall be
responsible for resolving discrepancies in Trade Details with respect to any
Give-Up Transaction and that Morgan Stanley's acceptance of any Give-Up
Transaction is conditional on the satisfactory resolution of such discrepancies
between Advisor and the relevant Executing Dealer. Customer acknowledges and
agrees that Morgan Stanley shall have no liability, whether in contract, tort or
otherwise, to Customer or the Executing Dealer with respect to any delays in
accepting a Give-Up Transaction if such delays result from discrepancies in
Trade Details, unless arising from or related to Morgan Stanley's negligence or
misconduct.

(f) Advisor on behalf of Customer agrees promptly to either (i) execute and
return hard-copy Confirmations provided by Morgan Stanley to Customer with
respect to a Customer FX Transaction, or (ii) to electronically affirm
Confirmations transmitted to Customer through Morgan Stanley's electronic or
web-based proprietary systems or services. Confirmations shall be conclusive and
binding if not objected to in writing within three days after transmittal by
Morgan Stanley to Customer. For purposes hereof, "Confirmation" shall have the
meaning ascribed to it in the Master Agreement entered into between Customer and
Morgan Stanley and may be included within or as part of the Trade Details of the
Give-Up Transaction that Morgan Stanley provides to Customer electronically
through its web-based proprietary systems or services. In the event of any
inconsistency with respect to the terms contained in any Confirmation provided
by Morgan Stanley for a Customer FX Transaction that is a Non-Deliverable FX
Transaction and the Trade Details of the corresponding accepted Give-Up
Transaction provided by the relevant Executing Dealer, the terms of the Trade
Details of the Give-Up Transaction shall prevail.

(g) Customer acknowledges that, notwithstanding the foregoing, Morgan Stanley
shall be under no obligation whatsoever to accept Give-Up Transactions executed
by Advisor on behalf of Customer with Executing Dealers and to enter into
offsetting Customer FX Transactions with Customer, except in accordance with the
terms of this Section 2 and Section 3. Customer further acknowledges that Morgan
Stanley shall settle each Customer FX Transaction on the same terms as the
corresponding accepted Give-Up Transaction between Morgan Stanley and the
relevant Executing Dealer and that any waiting periods, exercise of terms or
exotic features, market or other disruption events, interpretations, market
practices, disputes or other events that modify or otherwise impact the terms of
settlement of an accepted Give-Up Transaction shall equally modify or otherwise
impact the terms of settlement of the corresponding Customer FX Transaction.
Customer agrees that Morgan Stanley shall have no liability, whether in
contract, tort or otherwise, to Customer for any losses attributable to the
foregoing risks associated with the interdependency between Customer FX
Transactions and corresponding accepted Give-Up Transactions. For the avoidance
of doubt, the only risk that Morgan Stanley hereby agrees to assume with respect
to Customer FX Transactions and accepted Give-Up Transactions is credit risk;
Customer hereby agrees to assume all other risks associated with Give-Up
Transactions, which risks Customer agrees Morgan Stanley shall pass through to
Customer.

3. LIMITS. Morgan Stanley, from time to time and in its sole discretion, will
establish the maximum permissible Net Open Position and the Net Daily Settlement
Amount that may exist as of any given time with respect to the aggregate of all
Customer FX Transactions with each Executing Dealer that are outstanding as of
such time and will notify Advisor of such limits as soon as reasonably
practicable. In the event that Advisor on behalf of Customer enters into a
Give-Up Transaction that would, if the corresponding Customer FX Transaction
were executed, cause any of such limits to be exceeded, Morgan Stanley shall
have the right, in its sole discretion, to (i) accept such Give-Up Transaction
or reject such Give-Up Transaction (in which latter case, no Customer FX
Transaction shall be established); (ii) accept the corresponding Customer FX
Transaction subject to Customer's prior deposit of additional Collateral with
Morgan Stanley, in a form and amount specified by Morgan Stanley in its
reasonable discretion based on market indicia. Morgan Stanley may at any time
and in its sole discretion amend the Give-Up Notice governing the limits and
other parameters with which Advisor on behalf of Customer may execute Give-Up
Transactions with any Executing Dealer by notifying Customer and Advisor as soon
as reasonably practicable. Any amendments to a Give-Up Notice with an Executing
Dealer, copies of which shall be provided to Customer by Morgan Stanley, may
serve to terminate Advisor on behalf of Customer's ability to execute Give-Up
Transactions with such Executing Dealer or reduce the volume of Give-Up
Transactions permissible under such Give-Up Notice to zero. Amendments to the
Give-Up Notice shall be effective after the giving of such notice by Morgan
Stanley with respect to Give-Up Transactions executed subsequent to such notice.

4. FEES AND OTHER CHARGES. Customer agrees to pay to Morgan Stanley as
compensation for Morgan Stanley acting as prime broker hereunder, as of the end
of each calendar month during the term of this Agreement, the fees specified in
Annex A hereto. Morgan Stanley may modify the terms of Annex A at any time and
from time to time, and such modified terms shall be applicable to all Give-Up
Transactions executed after the date of such modification, provided that, Morgan
Stanley provides Customer with notice of such modification. Fees due to Morgan
Stanley hereunder shall be paid to the account specified by Morgan Stanley
within 30 days of Customer's receipt of an invoice from Morgan Stanley
identifying the fees due for the preceding month.

5. REPRESENTATIONS AND WARRANTIES. Customer represents and warrants that (a) it
has full power and authority to execute this Agreement and the persons executing
this Agreement have been duly authorized to do so; (b) this Agreement is binding
upon it and enforceable against it in accordance with its terms (subject to
applicable bankruptcy, reorganization, insolvency, moratorium or similar laws
affecting creditors' rights generally and subject, as to enforceability, to
equitable principals of general application (regardless of whether enforcement
is sought in a proceeding in equity or at law)) and does not and will not
violate the terms of any agreements to which Advisor on behalf of Customer is
bound; (c) it understands and is prepared to accept all of the risks of
executing Give-Up Transactions with the Executing Dealers, (d) it is solely
responsible for the selection of the Executing Dealers and Morgan Stanley has no
responsibility therefor; (e) Morgan Stanley has no responsibility or liability
for any acts or omissions of the Executing Dealers or for any other matters
related to the execution of Give-Up Transactions; and (f) Morgan Stanley is not
acting as a fiduciary of, or an advisor to, Customer in connection with any
Give-Up Transactions, and does not perform any analysis or make any judgment on
any matters pertaining to the suitability of any order or offer any opinion,
judgment or other type of information pertaining to the nature, value, potential
or suitability of any particular Give-Up Transaction or Customer FX Transaction.

6. TERMINATION. This Agreement shall remain in full force and effect unless and
until terminated by either party upon 30 days' prior written notice to the other
party, provided, however, that the terms and conditions of this Agreement shall
remain in effect and applicable with respect to any Give-Up Transaction and
Customer FX Transactions executed prior to the effective date of termination
and, provided further, that Sections 7 and 8 of this Agreement shall remain in
full force and effect and survive any termination of this Agreement.

7. LIMITATION OF LIABILITY. Morgan Stanley shall not be liable in connection
with the execution, processing or other actions taken in connection with Give-Up
Transactions or Customer FX Transactions, except in the event of negligence or
misconduct on Morgan Stanley's part.

8. INDEMNIFICATION. In consideration of Morgan Stanley's acting as prime broker
for Customer, Customer agrees to indemnify and hold Morgan Stanley harmless from
and against any and all losses, claims, damages and liabilities in connection
with the execution of Give-Up Transactions and Customer FX Transactions, or in
connection with Morgan Stanley acting or declining to act as prime broker,
except for actions taken or omitted to be taken by Morgan Stanley which are a
result of, or constitute, misconduct or negligence. Customer also agrees that
Morgan Stanley shall have no responsibility for Customer's or Advisor's
compliance with any law or regulation and that Morgan Stanley shall not be
liable for delays in the transmission of orders or instructions due to the
breakdown or failure of transmission or communication facilities or any other
cause beyond Morgan Stanley's control, including any mistake, error, negligence
or misconduct of any Executing Dealer or clearing or nostro bank or agent or
their respective officers, directors, employees or agents.

9. NOTICES. All notices required or permitted to be given hereunder shall be
provided to the addresses and in the manner specified in the Master Agreement.

10. SUCCESSORS AND ASSIGNS. The provisions of this Agreement shall be binding
upon and inure to the benefit of any successors or permitted assignees of the
parties, provided that Customer may not assign its rights or obligations under
this Agreement without the express written consent of Morgan Stanley.

11. MISCELLANEOUS. (a) In the event any one or more of the provisions contained
in this Agreement is held invalid, illegal, or unenforceable in any respect
under the law of any jurisdiction, the validity, legality, and enforceability of
the remaining provisions under the law of such jurisdiction, and the validity,
legality, and enforceability of such and any other provisions under the law of
any other jurisdiction, shall not in any way be affected or impaired thereby.
The headings used in this Agreement are for convenience of reference only and
are not to affect the construction of or to be taken into consideration in
interpreting this Agreement.

(b) No indulgence or concession granted by a party and no omission or delay on
the part of a party in exercising any right, power, or privilege under this
Agreement shall operate as a waiver thereof, nor shall any single or partial
exercise of any such right, power, or privilege preclude any other or further
exercise thereof or the exercise of any other right, power, or privilege.

(c) This Agreement shall be governed by, and construed in accordance with, the
laws of the State of New York without giving effect to conflict of laws
provisions. With respect to any suit, action or other proceedings
("Proceedings") related to this Agreement, each party irrevocably (i) submits to
the exclusive jurisdiction of the courts of the State of New York and the United
States District Court located in the Borough of Manhattan in New York City and
(ii) waives any objection which it may have at any time to the laying of venue
of any Proceedings brought in any such court, waives any claim that such
Proceedings have been brought in an inconvenient forum and further waives the
right to object, with respect to such Proceedings, that such court does not have
jurisdiction over such party.

(d) Each party hereby irrevocably waives any and all right to trial by jury in
any Proceedings.

(e) This Agreement (and each amendment, modification and waiver in respect of
it) may be executed and delivered in counterparts, each of which will be deemed
an original.

IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be signed
by their respective officers thereunto duly executed as of the date first
written above.

                             MORGAN STANLEY & CO. INCORPORATED

                             By:         /s/ Yann Lalande
                                      ---------------------------
                                      Name:  Yann Lalande
                                      Title: Authorized Signatory

                             DEMETER MANAGEMENT CORPORATION,

                             as general partner and/or trading manager for each
                             entity listed in Annex B attached hereto
                             (severally, and not jointly, each a "Customer")

                             By:         /s/ Walter Davis
                                      ---------------------------
                                      Name:  Walter Davis
                                      Title: President

<PAGE>

                                                                         Annex A

                                  Fee Schedule
                                  ------------

In connection with Morgan Stanley's services as prime broker under the terms of
this Agreement, the following fees shall be payable by Customer:

      Spot: Each Customer (as applicable), hereby agrees to pay Morgan Stanley a
      servicing fee in the amount of USD 8.00 per each USD 1 million (or its
      equivalent) in notional amount of Give-In Transactions that Advisor enters
      into on behalf of the Accounts for the first USD 2 billion in a calendar
      month. The fee in the amount of USD 8.00 per each USD 1 million shall be
      reduced to USD 6.00 per each USD 1 million if the business exceeds USD 2
      billion in a given calendar month. Provided, however, that such fee shall
      not be payable for any Customer Transaction that Morgan Stanley rejects or
      for any foreign exchange transactions that are executed by Advisor on
      behalf of the Accounts directly with Morgan Stanley and not through any
      Dealer under the terms of a Give-Up Agreement.

      Deliverable Forwards: Each Customer (as applicable), hereby agrees to pay
      Morgan Stanley a servicing fee in the amount of USD 8.00 per each USD 1
      million (or its equivalent) in notional amount of Give-In Transactions
      that Advisor enters into on behalf of the Accounts for the first USD 2
      billion in a calendar month. The fee in the amount of USD 8.00 per each
      USD 1 million shall be reduced to USD 6.00 per each USD 1 million if the
      business exceeds USD 2 billion in a given calendar month. Provided,
      however, that such fee shall not be payable for any Customer Transaction
      that Morgan Stanley rejects or for any foreign exchange transactions that
      are executed by Advisor on behalf of the Accounts directly with Morgan
      Stanley and not through any Dealer under the terms of a Give-Up Agreement.

      NDFs: Each Customer (as applicable), hereby agrees to pay Morgan Stanley a
      servicing fee in the amount of USD 8.00 per each USD 1 million (or its
      equivalent) in notional amount of Give-In Transactions that Advisor enters
      into on behalf of the Accounts for the first USD 2 billion in a calendar
      month. The fee in the amount of USD 8.00 per each USD 1 million shall be
      reduced to USD 6.00 per each USD 1 million if the business exceeds USD 2
      billion in a given calendar month. Provided, however, that such fee shall
      not be payable for any Customer Transaction that Morgan Stanley rejects or
      for any foreign exchange transactions that are executed by Advisor on
      behalf of the Accounts directly with Morgan Stanley and not through any
      Dealer under the terms of a Give-Up Agreement.

All fees shall be payable on a per Customer basis and shall be subject to the
provisions set forth in Section 4 of the Agreement. The fees for notional
amounts that are less than USD $1 million (or the Dollar Value of its
equivalent) shall be pro-rated.

<PAGE>

                                                                         Annex B

                                    Customers
                                    ---------

Morgan Stanley Spectrum Technical L.P., managed by Rotella Capital Management,
Inc. (its Advisor)EXHIBIT 4.4

A&P-PATHMARK AMENDED AND RESTATED

2000 EMPLOYEE EQUITY PLAN 

1.      Purposes

     The purposes of the A&P-Pathmark Amended and Restated 2000 Employee Equity Plan (the “Plan”) are to
attract, retain and motivate key employees of the Company, to compensate them for their contributions to the growth and profits of the Company and to encourage ownership by them of Common Stock. 

2.      Definitions

        For purposes of the Plan, the following terms shall be defined as follows:

        “Administrator” means the individual or individuals to whom the Committee delegates authority under the
    Plan in accordance with Section 3(d). 

        “Award” means an award made pursuant to the terms of the Plan to an Eligible Individual in the form of
    Stock Options, Stock Appreciation Rights, Stock Awards, Restricted Stock Units, Performance Units or Other Awards. 

        “Award Agreement” means a written document approved in accordance with Section 3 which sets forth the
    terms and conditions of the Award to the Participant. An Award Agreement may be in the form of (i) an agreement between the Company which is executed by an officer on behalf of the Company and is signed by the Participant or (ii) a certificate
    issued by the Company which is executed by an officer on behalf of the Company but does not require the signature of the Participant. 

  
     “Board” means the Board of Directors of the Company. 

  
     “Change in Control” shall mean any of the following:

       (i)     the acquisition by any Person of beneficial ownership (within the meaning
      of Rule 13d-3 promulgated under the Exchange Act) of 35% or more of the
      Common Stock then outstanding, but shall not include any such acquisition
      by any employee benefit plan of the Company, any Person or entity organized,
      appointed or established by the Company for or pursuant to the terms of
      any such employee benefit plan; any Person (other than any of Fidelity
      Management & Research Company or Fidelity Management Trust Company
      or by any fund or account associated with either Fidelity Management & Research
      Company or Fidelity Management Trust Company) who as of September 19, 2000
      was the beneficial owner of 15% or more of the shares of Common Stock outstanding
      on such date unless and until such Person, together with all Affiliates
      of such Person, becomes the beneficial owner of 35% or more of the shares
  of Common Stock 

1

  
    then outstanding whereupon a Change in Control shall be deemed to have occurred; 

        (ii)     consummation
      after approval by the shareholders of Pathmark of either (A) a plan of
      complete liquidation or dissolution of Pathmark or (B) a merger, amalgamation
      or consolidation of  Pathmark with any other corporation, the issuance
      of voting securities of Pathmark in connection with a merger or consolidation
      of Pathmark or sale or other disposition of all or substantially all of
      the assets of Pathmark or the acquisition of  assets of another corporation,
      other than, for purposes of Section 7(c)(i) hereof, a merger, amalgamation
      or consolidation with, or sale or other disposition of assets to or acquisition
      of assets of Yucaipa (each, a “Business
      Combination”), unless, in
      each case of a Business Combination, immediately following such Business
      Combination, all or substantially all of the individuals and entities who
      were the  beneficial owners of the Common Stock outstanding immediately
      prior to such Business Combination beneficially own, directly or indirectly,
      more than 50% of the then outstanding shares of common stock and 50% of
      the combined voting power of the then  outstanding voting securities entitled
      to vote generally in the election of directors, as the case may be, of
      the entity resulting from such Business Combination (including, without
      limitation, an entity which as a result of such transaction owns  the Company
      or all or substantially all of Pathmark’s assets either directly or
      through one or more subsidiaries) in substantially the same proportions
      as their ownership, immediately prior to such Business Combination, of
      the Common Stock;  or

        (iii)     the
      individuals who, as of September 19, 2000, constitute the Board, and subsequently
      elected members of the Board whose election is approved or recommended
      by at least a majority of such  current members or their successors whose
      election was so approved or recommended (other than any subsequently elected
      members whose initial assumption of office occurs as a result of an actual
      or threatened election contest with respect to the  election or removal
      of directors or other actual or threatened solicitation of proxies or consents
      by or on behalf of a Person other than the Board), cease for any reason
      to constitute at least a majority of such Board. 

        For purposes of the above definition of Change in Control only, the following defined terms shall apply:

        “Affiliate” means, with respect to any Person, any other entity which (i) is a Subsidiary of such
    Person, (ii) is, directly or indirectly, under common control with such Person, or (iii) is, directly or indirectly, controlling such Person. 

        “Person” means any person, entity or “group” within the meaning of Section 13(d)(3) or
    Section 14(d)(2) of the Exchange Act, except that such term shall not include (i) the Company or any of its subsidiaries, (ii) a trustee or other fiduciary holding securities under an employee benefit plan of the Company, (iii) an underwriter
    temporarily holding securities pursuant to an offering of such securities, (iv) an entity 

2 

  
    owned, directly or indirectly, by the shareholders of Pathmark in substantially the same proportions as their ownership of stock of Pathmark, or, for purposes of Section 7(c)(i) hereof, (v) Yucaipa. 

  
     “Subsidiary” means with respect to any Person, any entity of which:

        (i)      if a corporation, a majority of the total voting power of shares of stock entitled (without regard to the occurrence of any contingency) to vote in the election of directors, managers or
  trustees thereof is at the time of determination owned or controlled, directly or indirectly, collectively or individually, by such Person or by one or more Affiliates of such Person, and

        (ii)     if
      a partnership, association, limited liability company or other entity,
      a majority of the partnership, membership or other similar ownership interest
      thereof is at the time of  determination owned or controlled, directly
      or indirectly, collectively or individually, by such Person or by one or
      more Affiliates of such Person. 

* * * *

        “Code” means the Internal Revenue Code of 1986, as amended, and the applicable rulings and regulations
    (including any proposed regulations) thereunder. 

        “Committee” means the Compensation Committee of the Board, any successor committee thereto or any other
    committee appointed from time to time by the Board to administer the Plan. The Committee shall consist of at least two individuals and shall serve at the pleasure of the Board. To the extent acting under Section 14 hereof, the Committee shall be
    comprised solely of “outside directors” within the meaning of Section 162(m). 

        “Common Stock” means the Common Stock of the Company, par value $1.00 per share, or such other
    class or kind of shares or other securities as may be applicable under Section 16 below. 

        “Company” means, individually and collectively, The Great Atlantic & Pacific Tea Company, Inc. and
    its Subsidiaries, and any successor thereto. 

        “Eligible Individuals” means the individuals described in Section 6 who are eligible for Awards under
    the Plan. 

        “Exchange Act” means the Securities Exchange Act of 1934, as amended, and the applicable rulings and
    regulations thereunder. 

        “Excluded Individual” means any individual who is designated by the Company at the time of hire or
    other engagement as not eligible to participate in the Plan. 

        “Fair Market Value” means, with respect to a share of Common Stock, the fair market value thereof as of
    the relevant date of determination, as determined in 

3

  
    accordance with a valuation methodology approved by the Committee, and according to the following, as applicable: 

        (i) If the Common Stock is quoted on the New York Stock Exchange (the “NYSE”), in the absence of any
    alternative valuation methodology approved by the Board, the Fair Market Value of a share of Common Stock shall equal the per share closing price quoted on the day immediately prior to the date of grant as reported in the transactions index of each
    such exchange, as published in The Wall Street Journal, or, if no closing price was quoted in any such index for such date, then as of the next preceding date on which such a
    closing price was quoted; 

        (ii) If the Common Stock is not quoted on the NYSE, but is publicly traded on another national securities exchange or quoted on an automated system, the Fair Market Value of a share of Common
    Stock shall equal the per share closing price quoted on the day immediately prior to the date of grant as reported in the transactions index of each such exchange or automated system, as published in The Wall
    Street Journal, or, if no closing price was quoted in any such index for such date, then as of the next preceding date on which such a closing price was quoted; and 

        (iii) If the Common Stock is not publicly traded on a national securities exchange or quoted on the NYSE or any other automated system, the Fair Market Value of a share of Common Stock shall be
    reasonably determined in good faith by the Board. 

        “Incentive Stock Option” means a Stock Option that is an “incentive stock option” within the
    meaning of Section 422 of the Code and designated by the Committee as an Incentive Stock Option in an Award Agreement. 

        “Nonqualified Stock Option” means a Stock Option that is not an Incentive Stock Option. 

        “Other Award” means any other form of award authorized under Section 13 of the Plan. 

        “Participant” means an Eligible Individual to whom an Award has been granted under the Plan. 

  
     “Pathmark” means Pathmark Stores, Inc., a Delaware corporation.

        “Performance Unit” means a performance unit granted to an Eligible Individual pursuant to Section 12
    hereof. 

        “Restricted Stock Unit” means a restricted stock unit granted to an Eligible Individual pursuant to
    Section 11 hereof. 

4 

        “Qualifying Award” means an Award intended to qualify under the exception for performance-based
    compensation in Section 162(m) granted to an Eligible Individual pursuant to Section 14 hereof. 

        “Section 162(m)” shall mean Section 162(m) of the Code.

        “Stock Appreciation Right” means a right to receive all or some portion of the appreciation on shares
    of Common Stock granted to an Eligible Individual pursuant to Section 9 hereof. 

        “Stock Award” means a share of Common Stock granted to an Eligible Individual for no consideration
    other than the provision of services or offer for sale to an Eligible Employee at a purchase price determined by the Committee, in either case pursuant to Section 10 hereof. 

        “Stock Option” means an Award to purchase shares of Common Stock granted to an Eligible Individual
    pursuant to Section 8 hereof, which Award may be either an Incentive Stock Option or a Nonqualified Stock Option. 

        “Subsidiary” means (i) a corporation or other entity with respect to which Pathmark, directly or
    indirectly, has the power, whether through the ownership of voting securities, by contract or otherwise, to elect at least a majority of the members of such corporation’s board of directors or analogous governing body, or (ii) any other
    corporation or other entity in which Pathmark, directly or indirectly, has an equity or similar interest and which the Committee designates as a Subsidiary for purposes of the Plan. 

        “Yucaipa” shall mean The Yucaipa Companies, LLC and its affiliates.

3.     Administration
of the Plan

     (a)     Power
  and Authority of the Committee. The
  Plan shall be administered by the Committee, which shall have full power and authority, subject to the express provisions hereof:

	 	
(i)      		
to select Participants from the Eligible Individuals;	
	 
	 	
(ii)      		
to make Awards in accordance with the Plan;	
	 
	 	
(iii)      		
to determine the number of shares of Common Stock subject to each Award or the cash amount payable in connection with an Award;	
	 
	 	
(iv)      		
to determine the terms and conditions of each Award, other than the terms and conditions that are expressly required under the terms of the Plan;	
	 
	 	
(v)      		
to specify and approve the provisions of the Award Agreements delivered to Participants in connection with their Awards;	

5 

	 	
(vi)      		
to construe and interpret any Award Agreement delivered under the Plan;	
	 
	 	
(vii)      		
to prescribe, amend and rescind rules and procedures relating to the Plan;	
	 
	 	
(viii)      		
to vary the terms of Awards to take account of tax, securities law and other regulatory requirements of foreign jurisdictions;	
	 
	 	
(ix)      		
subject to the provisions of the Plan and subject to such additional limitations and restrictions as the Committee may impose, to delegate to one or more officers of the Company some or all of its authority under the
Plan;	
	 
	 	
(x)      		
to employ such legal counsel, independent auditors and consultants as it deems desirable for the administration of the Plan and to rely upon any opinion or computation received therefrom; and	
	 
	 	
(xi)      		
to make all other determinations and to formulate such procedures as may be necessary or advisable for the administration of the Plan.	
	 

     (b) Plan Construction and Interpretation. The Committee shall have full power and authority, subject to
the express provisions hereof, to construe and interpret the Plan. 

     (c)      Determinations of Committee Final and Binding. All determinations by the Committee in carrying out and
administering the Plan and in construing and interpreting the Plan shall be final, binding and conclusive for all purposes and upon all persons interested herein. 

     (d)      Delegation of Authority. The Committee may, but need not, from time to time delegate some or all of
its authority under the Plan to an Administrator consisting of one or more members of the Committee or of one or more officers of the Company; provided, however, that the Committee may not delegate its authority (i) to make Awards to Eligible Individuals who are officers of the Company who are delegated authority by the Committee hereunder, or (ii)
under Sections 3(b), 14 and 17 of the Plan. Any delegation hereunder shall be subject to the restrictions and limits that the Committee specifies at the time of such delegation or thereafter. Nothing in the Plan shall be construed as obligating the
Committee to delegate authority to an Administrator, and the Committee may at any time rescind the authority delegated to an Administrator appointed hereunder or appoint a new Administrator. At all times, the Administrator appointed under this
Section 3(d) shall serve in such capacity at the pleasure of the Committee. Any action undertaken by the Administrator in accordance with the Committee’s delegation of authority shall have the same force and effect as if undertaken directly by
the Committee, and any reference in the Plan to the Committee shall, to the extent consistent with the terms and limitations of such delegation, be deemed to include a reference to the Administrator. 

     (e)      Liability of Committee. No member of the Committee shall be liable for any action or determination
made in good faith, and the members of the Committee shall be entitled to indemnification and reimbursement in the manner provided in Pathmark’s Certificate of Incorporation as it may be amended from time to time. In the performance of its

6 

responsibilities with respect to the Plan, the Committee shall be entitled to rely upon information and advice furnished by the Company’s officers, the Company’s accountants, the Company’s counsel and any
other party the Committee deems necessary, and no member of the Committee shall be liable for any action taken or not taken in reliance upon any such advice. 

     (f)      Action by the Board. Anything in the Plan to the contrary notwithstanding, except with respect to
matters which are required to be determined under Section 162(m) in the sole and absolute discretion of the Committee, any authority or responsibility, which, under the terms of the Plan, may be exercised by the Committee, may alternatively be
exercised by the Board. 

4.      Effective Date and Term

     The Plan shall become effective upon its adoption by the Board subject to its approval by the stockholders of Pathmark. Prior to such stockholder approval, the Committee may grant Awards
conditioned on stockholder approval. If such stockholder approval is not obtained at or before the first annual meeting of stockholders to occur after the adoption of the Plan by the Board (including any
adjournment or adjournments thereof), the Plan and any Awards made thereunder shall terminate ab initio and be of no further force and
effect. In no event shall any Awards be made under the Plan after the tenth anniversary of the date of stockholder approval. 

5.      Shares of Common Stock Subject to the Plan

     (a)      General. Subject to adjustment as provided in Section 16(b) hereof, the number of shares of Common
Stock that may be issued pursuant to Awards under the Plan (the “Section 5 Limit”) shall not exceed, in the aggregate, 11,514,118 shares. Shares issued under
this Plan may be either authorized but unissued shares, treasury shares or any combination thereof. 

     (b)      Rules Applicable to Determining Shares Available for Issuance. For purposes of determining the number
of shares of Common Stock that remain available for issuance, the following shares shall be added back to the Section 5 Limit and again be available for Awards:

	
(i)      		
The number of shares tendered to pay the exercise price of a Stock Option or other Award; and	
	 
	
(ii)      		
The number of shares withheld from any Award to satisfy a Participant’s tax withholding obligations or, if applicable, to pay the exercise price of a Stock Option or other Award.	
	 

In addition, the Section 5 Limit shall not be reduced by shares of Common Stock subject to an Award (other than an Incentive Stock Option) for which shareholder approval is not required by the rules or listing standards of
the NASDAQ National Market or other applicable market or exchange on which the Common Stock is then listed. 

7 

6.      Eligible Individuals

     Awards may be granted by the Committee to individuals (“Eligible Individuals”) who are: (i) officers or
other key employees of the Company or other individuals designated by the Company who provide substantial services to the Company; (ii) employees of joint ventures, partnerships or similar business organizations in which the Company has a direct or
indirect equity interest; and (iii) individuals who provide services to any similar joint ventures or business organizations in which the Company may participate in the future. Excluded Individuals are not eligible to receive Awards under the Plan.
Members of the Committee will not be eligible to receive Awards under the Plan. An individual’s status as an Administrator will not affect his or her eligibility to participate in the Plan. 

7.      Awards in General

     (a)      Types of Award and Award Agreement. Awards under the Plan may consist of Stock Options, Stock Appreciation Rights, Stock Awards, Restricted Stock Units, Performance Units or Other Awards. Any Award described in Sections 8 through 13 of the Plan may be granted singly or in combination
or tandem with any other Award, as the Committee may determine. Awards may be made in combination with, in replacement of, or as alternatives to grants of rights under any other employee compensation plan of the Company, including the plan of any
acquired entity, or may be granted in satisfaction of the Company’s obligations under any such plan. 

     (b)      Terms Set Forth in Award Agreement. The terms and provisions of an Award shall be set forth in a
written Award Agreement approved by the Committee and delivered or made available to the Participant as soon as practicable following the date of the award. The vesting, exercisability, payment and other restrictions applicable to an Award
(which may include, without limitation, restrictions on transferability or provision for mandatory resale to the Company) shall be determined by the Committee and set forth in
the applicable Award Agreement. Notwithstanding the foregoing, the Committee may accelerate (i) the vesting or payment of any Award, (ii) the lapse of restrictions on any Award or (iii) the date on which any Stock Option, Stock Appreciation Right or
other Award first becomes exercisable. The terms of Awards may vary among Participants and the Plan does not impose upon the Committee any requirement to make Awards subject to uniform terms. Accordingly, the terms of individual Award Agreements may
vary. 

     (c)      Termination of Employment and Change in Control. The terms of this Section 7(c) shall apply unless the
Committee, in its sole discretion, determines that alternative terms shall be included in any Award Agreement in which case the terms in such Award Agreement shall govern the rights of the Participant. 

	 	
(i)      		
In the event of a Change in Control, all unvested Awards under the Plan shall become vested immediately prior to the Change in Control.	
	 
	 	
(ii)      		
Except as provided in Sections 7(c)(iii), 7(c)(iv) and 7(c)(v) below, in the event that a Participant’s employment or other engagement with the Company is terminated for any reason unless otherwise determined by
the	

8 

	 	 	
Committee in its sole discretion, the unvested portion of any outstanding Award held by such Participant shall lapse and become void and the vested portion of any such Awards will remain exercisable for a period of sixty
days after the date of such termination.	
	 
	 	
(iii)      		
With respect to any Stock Option, if a Participant ceases to be employed or otherwise engaged by the Company by reason of death or permanent and total disability within the meaning of Section 22(e)(3) of the Code, the
unvested portion of any outstanding Stock Option held by such Participant shall lapse and become void and the vested portion of any such Stock Option will remain exercisable for a period of twelve months after the date of such
termination.	
	 
	 	
(iv)      		
With respect to any Nonqualified Stock Option, if a Participant ceases to be employed by the Company by reason of his or her retirement on or after the Participant’s 65th birthday, the unvested portion of any
outstanding Nonqualified Option held by such Participant shall lapse and become void and the vested portion of any such Nonqualified Stock Option will remain exercisable for a period of twelve months after the date of such termination.	
	 
	 	
(v)      		
With respect to any Incentive Stock Option, in the event that a Participant’s employment with the Company is terminated for any reason other than death or disability, the unvested portion of any outstanding Incentive
Stock Option held by such Participant shall lapse and become void and the vested portion of any such Incentive Stock Option will remain exercisable for a period of ninety days after the date of such termination.	
	 
	 	
(vi)      		
The date of termination of a Participant’s employment or other engagement for any reason shall be determined in the sole discretion of the Committee.	
	 
	 	
(vii)      		
With respect to any Stock Option or Stock Appreciation Right, in the sole discretion of the Committee, the Company may provide for any of the following in the event of a Change in Control:	
	 
	 	 	
(A)      		
The continuation of the Stock Option or Stock Appreciation Right by the Company (if the Company is the surviving corporation);	
	 
	 	 	
(B)      		
The assumption of the Stock Option or Stock Appreciation Right by the surviving corporation or its parent;	
	 
	 	 	
(C)      		
The substitution by the surviving corporation or its parent of stock option(s) or stock appreciation right(s) with substantially the same terms for the Stock Option or Stock Appreciation Right; or	

9 

	 	 	
(D)      		
The cancellation of the Stock Option or Stock Appreciation Right upon payment to the Participant of an amount in cash or cash equivalents equal to (1) the Fair Market Value at the time of the Change in Control of the shares
of Common Stock subject to the Stock Option or Stock Appreciation Right, minus (2) the exercise price of the Stock Option or Stock Appreciation Right.	

     (d)      Dividends and Dividend Equivalents. The Committee may provide Participants with the right to receive
dividends or payments equivalent to dividends or interest with respect to outstanding Awards, which payments can either be paid currently or deemed to have been reinvested in shares of Common Stock, and can be made in Common Stock, cash or a
combination thereof, as the Committee shall determine. 

8.      Stock Options 

     (a)      Terms of Stock Options Generally. A Stock Option shall entitle the Participant to whom the Stock
Option was granted to purchase a specified number of shares of Common Stock during a specified period at a price that is determined in accordance with Section 8(b) below. Stock Options may be either Nonqualified Stock Options or Incentive Stock
Options. The Committee will fix the vesting and exercisability conditions applicable to a Stock Option, provided that no Stock Option shall vest sooner than one year from the
date of grant (subject to early vesting as provided in Section 7(c) above and such other additional circumstances as the Committee may determine, in its discretion).

     (b)      Exercise Price. The exercise price per share of Common Stock purchasable under a Stock Option shall be
fixed by the Committee at the time of grant or, alternatively, shall be determined by a method specified by the Committee at the time of grant; provided, however, that the exercise price per share shall be no less than 100% of the Fair Market Value per share on the date of grant (or if the exercise price is not
fixed on the date of grant, then on such date as the exercise price is fixed); and provided further, that, except as provided in Section
16(b) below, the exercise price per share of Common Stock applicable to a Stock Option may not be adjusted or amended, including by means of amendment, cancellation or the replacement of such Stock Option with a subsequently awarded Stock Option.

     (c)      Option Term. The term of each Stock Option shall be fixed by the Committee and shall not exceed ten
years from the date of grant. 

     (d)      Method of Exercise. Subject to the provisions of the applicable Award Agreement, the exercise price of
a Stock Option may be paid in cash or previously owned shares or a combination thereof and, if the applicable Award Agreement so provides, in whole or in part through the withholding of shares subject to the Stock Option with a value equal to the
exercise price. In accordance with the rules and procedures established by the Committee for this purpose, the Stock Option may also be exercised through a “cashless exercise” procedure approved by the Committee involving a broker or
dealer approved by the Committee, that affords Participants the opportunity to sell immediately some or all of the shares underlying the exercised portion of the Stock Option in order to generate sufficient cash to pay the Stock Option exercise
price and/or to satisfy withholding tax obligations related to the Stock Option. 

10 

9.      Stock Appreciation Rights 

     (a)      General. A Stock Appreciation Right shall entitle a Participant to receive, upon satisfaction of the conditions to the payment specified in the applicable Award Agreement, an amount equal to the excess, if any, of the Fair Market Value on the exercise date of the number of shares of Common Stock
for which the Stock Appreciation Right is exercised, over the exercise price for such Stock Appreciation Right specified in the applicable Award Agreement. The exercise price per share of Common Stock covered by a Stock Appreciation Right shall be
fixed by the Committee at the time of grant or, alternatively, shall be determined by a method specified by the Committee at the time of grant; provided, however, that, except as provided in Section 9(b) below, the exercise price per share shall be no less than 100% of the Fair Market Value per share on the date of grant (or if the exercise price is not fixed on the date of grant, then on such date as the exercise price is fixed); and provided further, that, except as provided in Section 16(b) below, the exercise price per share of Common Stock subject to a Stock Appreciation Right may not be adjusted or amended, including by means of amendment, cancellation or the replacement of
such Stock Appreciation Right with a subsequently awarded Stock Appreciation Right. Notwithstanding the foregoing, the exercise price per share of a Stock Appreciation Right that is a Substitute Award may be less than the Fair Market Value per share
on the date of award, provided, that such exercise price is not less than the minimum exercise price that would be permitted for an equivalent Stock Option as determined in accordance with Section 8(b) above. At the sole discretion of the Committee,
payments to a Participant upon exercise of a Stock Appreciation Right may be made in cash, in shares of Common Stock having an aggregate Fair Market Value as of the date of exercise equal to such amount, or in a combination of cash and shares having
an aggregate value as of the date of exercise equal to such amount. 

     (b)      Stock Appreciation Rights in Tandem with Stock Options. A Stock Appreciation Right may be granted
alone or in addition to other Awards, or in tandem with a Stock Option. A Stock Appreciation Right granted in tandem with a Stock Option may be granted either at the same time as such Stock Option or subsequent thereto. If granted in tandem with a
Stock Option, a Stock Appreciation Right shall cover the same number of shares of Common Stock as covered by the Stock Option (or such lesser number of shares as the Committee may determine) and shall be exercisable only at such time or times and to the extent the related Stock Option shall be exercisable, and shall have the same term and exercise price as the related Stock Option (which, in the case of a Stock Appreciation Right granted after the grant of the related Stock Option, may be less than the Fair Market Value per share on the date of grant of the tandem Stock Appreciation Right). Upon exercise of a Stock Appreciation Right granted in tandem with a Stock Option, the related Stock Option shall be canceled automatically to the extent of the number of shares covered by such exercise; conversely, if the related
Stock Option is exercised as to some or all of the shares covered by the tandem grant, the tandem Stock Appreciation Right shall be canceled automatically to the extent of the number of shares covered by the Stock Option exercise. 

10.      Stock Awards 

     (a)      General. A Stock Award shall consist of one or more shares of Common Stock granted to a Participant for no consideration other than the provision of services (or, if

11 

required by applicable law in the reasonable judgment of the Company, for payment of the par value of such shares). Stock Awards shall be subject to such restrictions (if any) on transfer or other incidents of ownership for such periods of time, and shall be subject to such conditions of vesting, as the Committee may determine and as shall be set forth in
the applicable Award Agreement. 

     (b)      Distributions. Any shares of Common Stock or other securities of the Company received by a Participant
to whom a Stock Award has been granted as a result of a stock distribution to holders of Common Stock or as a stock dividend on Common Stock shall be subject to the same terms, conditions and restrictions as such Stock Award. 

11.      Restricted Stock Units

     An Award of Restricted Stock Units shall consist of a grant of units, each of which represents the right of the Participant to receive one share of Common Stock, subject to the terms and
conditions established by the Committee in connection with the Award and set forth in the applicable Award Agreement. Upon satisfaction of the conditions to vesting and payment specified in the applicable Award Agreement, Restricted Stock Units will
be payable in Common Stock, equal to the Fair Market Value of the shares subject to such Restricted Stock Units. 

12.      Performance Units

     Performance units may be granted as fixed or variable share- or dollar-denominated units subject to such conditions of vesting and time of payment as the Committee may determine and as shall be
set forth in the applicable Award Agreement relating to such Performance Units. Performance Units may be paid in Common Stock, cash or a combination of Common Stock and cash, as the Committee may determine. 

13.      Other Awards

     The Committee shall have the authority to specify the terms and provisions of other forms of equity-based or equity-related Awards not described above which the Committee determines to be
consistent with the purpose of the Plan and the interests of the Company, which Awards may provide for cash payments based in whole or in part on the value or future value of Common Stock, for the acquisition or future acquisition of Common Stock,
or any combination thereof. Other Awards shall also include cash payments (including the cash payment of dividend equivalents) under the Plan which may be based on one or more
criteria determined by the Committee which are unrelated to the value of Common Stock and which may be granted in tandem with, or independent of, other Awards under the Plan. 

14.      Section 162(m)

     (a)      General. The Committee shall have the authority, in its sole discretion, to grant to any Eligible Individual an Award that is intended to qualify under the exception for performance-based compensation in Section 162(m) (a “Qualifying
Award”). No provision of the Plan shall apply with respect to a Qualifying Award to the extent that it would not satisfy the requirements of Section 162(m). 

12

     (b)      Stock Options and Stock Appreciation Rights. The Committee shall not grant to any Eligible Individual
in any sixty-month period beginning on or after January 1, 2002 Qualifying Awards that are Stock Options or Stock Appreciation Rights, subject to which the aggregate number of shares of Common Stock exceeds 3,000,000. 

     (c)      Minimum Vesting. Restricted Stock Units, Stock Awards, Performance Units and Other Awards that are
granted in respect to individual or corporate performance shall vest no sooner than one year from the date of grant, and Restricted Stock Units, Stock Awards, Performance Units and Other Awards that are granted in connection with hiring or retention
arrangements between the Company and a Participant shall vest no sooner than three years from the date of grant (subject to early vesting as provided in Section 7(c) above and such other additional circumstances as the Committee may determine, in
its discretion). 

     (d)      Stock Awards, Restricted Stock Units, Performance Units and Other Awards. The Committee shall not
grant to any Eligible Individual in any sixty-month period beginning on or after January 1, 2002 Qualifying Awards that are Stock Awards, Restricted Stock Units, Performance Units or Other Awards, subject to which the aggregate number of shares of
Common Stock exceeds 1,000,000. For each such Qualifying Award, the Committee shall establish in accordance with the requirements of Section 162(m) a performance period and an objectively determinable performance target which shall include one or
more of the following components of overall Company performance: (i) same store sales, (ii) earnings before interest, taxes, depreciation and amortization, (iii) working capital, (iv) operating profit, (v) return on equity, (vi) return on invested
capital, and (vii) earnings per share, in each case as determined in accordance with the Company’s accounting practices in effect on the first day of such fiscal year (the “Performance
Goal”). The amount payable under or the vesting of the Qualifying Award shall be determined based on achievement of the Performance Goal; provided, however, that the Committee, in its discretion, may reduce the amount payable to any Participant under or the vesting of any Qualifying Award. Except as
otherwise provided in Section 7(c)(i), prior to payment or vesting of the Qualifying Award, the Committee shall certify the achievement of the Performance Goal in a manner intended to satisfy the requirements of Section 162(m). 

15.      Certain Restrictions

     (a)      Transfers. Unless the Committee determines otherwise, no Award shall be transferable other than by will or by the laws of descent and distribution or pursuant to a domestic relations order; provided, however, that the Committee may, in its discretion and subject to such terms and conditions as it shall specify, permit the transfer of an Award for no consideration to a Participant’s
family members or to one or more trusts or partnerships established in whole or in part for the benefit of one or more of such family members (collectively, “Permitted Transferees”). Any Award transferred to a Permitted Transferee shall be further transferable only by will or the laws of descent and distribution or, for no consideration, to another Permitted Transferee of the Participant. The
Committee may in its discretion permit transfers of Awards other than those contemplated by this Section. 

     (b)      Exercise. During the lifetime of the Participant, a Stock Option, Stock Appreciation Right or
similar-type Other Award shall be exercisable only by the Participant or 

13 

by a Permitted Transferee to whom such Stock Option, Stock Appreciation Right or Other Award has been transferred in accordance with Section 15(a). 

16.      Recapitalization or Reorganization

     (a)      Authority of the Company and Stockholders. The existence of the Plan, the Award Agreements and the Awards granted hereunder shall not affect or restrict in any way the right or power of the Company or the stockholders of the Company to make or authorize any adjustment, recapitalization,
reorganization or other change in the Company’s capital structure or its business, any merger or consolidation of the Company, any issue of stock or of options, warrants or rights to purchase stock or of bonds, debentures, preferred or prior
preference stocks whose rights are superior to or affect the Common Stock or the rights thereof or which are convertible into or exchangeable for Common Stock, or the dissolution or liquidation of the Company, or any sale or transfer of all or any
part of its assets or business, or any other corporate act or proceeding, whether of a similar character or otherwise. 

     (b)      Change in Capitalization. The number and kind of shares authorized for issuance under Section 5(a)
above, shall be equitably adjusted in the event of a stock split, stock dividend, recapitalization, reorganization, merger, consolidation, extraordinary dividend, split-up, spin-off, combination, exchange of shares, warrants or rights offering to
purchase Common Stock at a price substantially below Fair Market Value or other similar corporate event affecting the Common Stock in order to preserve, but not increase, the benefits or potential benefits intended to be made available under the
Plan. In addition, upon the occurrence of any of the foregoing events, the number of outstanding Awards and the number and kind of shares subject to any outstanding Award and the purchase price per share, if any, under any outstanding Award shall be
equitably adjusted (including by payment of cash to a Participant) in order to preserve the benefits or potential benefits intended to be made available to Participants granted
Awards. Such adjustments shall be made by the Committee, whose determination as to what adjustments shall be made, and the extent thereof, shall be final. Unless otherwise determined by the Committee, such adjusted Awards shall be subject to the
same vesting schedule and restrictions to which the underlying Award is subject. 

17.      Amendments

     The Board or Committee may at any time and from time to time alter, amend, suspend or terminate the Plan in whole or in part; provided, however, that any amendment which under the requirements of any applicable law or stock exchange rule must be approved by the stockholders of the Company shall
not be effective unless and until such stockholder approval has been obtained in compliance with such law or rule; and provided further, that, except as contemplated by Section
16(b) above, the Board or Committee may not, without the approval of the Company’s stockholders, increase the maximum number of shares issuable under the plan, reduce the exercise price of a Stock Option or Stock Appreciation Right, or modify
Section 8(b) or Section 14(a) above. No termination or amendment of the Plan may, without the consent of the Participant to whom an Award has been granted, adversely affect the rights of such Participant under such Award. Notwithstanding any
provision herein to the contrary, the Board or Committee shall have broad authority to amend the Plan or any Award under the Plan to take 

14 

into account changes in applicable tax laws, securities laws, accounting rules and other applicable state and federal laws. 

18.      Miscellaneous 

     (a)      Tax Withholding. The Company may require any individual entitled to receive a payment in respect of an Award to remit to the Company, prior to such payment, an amount sufficient to satisfy any Federal, state or local tax withholding requirements. The Company shall also have the right to
deduct from all cash payments made pursuant to or in connection with any Award any Federal, state or local taxes required to be withheld with respect to such payments. In the case of an Award payable in shares of Common Stock, the Company may permit
such individual to satisfy, in whole or in part, such obligation to remit taxes by directing the Company to withhold shares of Common Stock that would otherwise be received by such individual, pursuant to such rules as the Committee may establish
from time to time. 

     (b)      No Right to Grants or Employment. No Eligible Individual or Participant shall have any claim or right
to receive grants of Awards under the Plan. Nothing in the Plan or in any Award or Award Agreement shall confer upon any employee of the Company any right to continued employment with the Company or interfere in any way with the right of the Company
to terminate the employment of any of its employees at any time, with or without cause. 

     (c)      Other Compensation. Nothing in this Plan shall preclude or limit the ability of the Company to pay any
compensation to a Participant under the Company’s other compensation and benefit plans and programs. 

     (d)      Other Employee Benefit Plans. Payments received by a Participant under any Award made pursuant to the
Plan shall not be included in, nor have any effect on, the determination of benefits under any other employee benefit plan or similar arrangement provided by the Company, unless otherwise specifically provided for under the terms of such plan or
arrangement or by the Committee. 

     (e)      Unfunded Plan. The Plan is intended to constitute an unfunded plan for incentive compensation. Prior
to the payment or settlement of any Award, nothing contained herein shall give any Participant any rights that are greater than those of a general creditor of the Company. In its sole discretion, the Committee may authorize the creation of trusts or
other arrangements to meet the obligations created under the Plan to deliver Common Stock or payments in lieu thereof with respect to awards hereunder. 

     (f)      Securities Law Restrictions. The Committee may require each Eligible Individual purchasing or
acquiring shares of Common Stock pursuant to a Stock Option or other Award under the Plan to represent to and agree with the Company in writing that such Eligible Individual is acquiring the shares for investment and not with a view to the
distribution thereof. All certificates for shares of Common Stock delivered under the Plan shall be subject to such stock-transfer orders and other restrictions as the Committee may deem advisable under the rules, regulations, and other requirements
of the Securities and Exchange Commission, any exchange upon which the Common Stock is then listed, and any applicable federal or state securities law, and the Committee may cause a legend or legends to be put on any such 

15 

certificates to make appropriate reference to such restrictions. No shares of Common Stock shall be issued hereunder unless the Company shall have determined that such issuance is in compliance with, or pursuant to an
exemption from, all applicable federal and state securities laws. 

     (g)      Compliance with Rule 16b-3. Notwithstanding anything contained in the Plan or in any Award Agreement
to the contrary, if the consummation of any transaction under the Plan would result in the possible imposition of liability on a Participant pursuant to Section 16(b) of the Exchange Act, the Committee shall have the right, in its sole discretion,
but shall not be obligated, to defer such transaction or the effectiveness of such action to the extent necessary to avoid such liability, but in no event for a period longer than six months. 

     (h)      Section 409A. If any provision of the Plan or any Award Agreement causes any Participant to be subject
to the interest and penalties under Section 409A of the Code, such provision shall be modified to maintain, to the maximum extent practicable, the original intent of the provision without violating the requirements of Section 409A of the Code and,
notwithstanding any provision in the Plan or any Award Agreement to the contrary, the Committee shall have broad authority to amend the Plan and any Award Agreement, without the approval of the Participant, to the extent necessary or desirable to
ensure that the Participant is not subject to the interest and penalties under Section 409A of the Code. 

     (i)      Award Agreement. In the event of any conflict or inconsistency between the Plan and any Award
Agreement, the Plan shall govern, and the Award Agreement shall be interpreted to minimize or eliminate any such conflict or inconsistency. 

     (j)      Expenses. The costs and expenses of administering the Plan shall be borne by the Company. 

     (k)      Application of Funds. The proceeds received from the Company from the sale of Common Stock or other
securities pursuant to Awards will be used for general corporate purposes. 

     (l)      Applicable Law. Except as to matters of federal law, the Plan and all actions taken thereunder shall
be governed by and construed in accordance with the laws of the State of Delaware. 

19.      Effect of Merger

     On March 4, 2007, The Great Atlantic & Pacific Tea Company, Inc., a Maryland corporation (“A&P”), Sand Merger Corp., a Delaware corporation (“Merger Sub”), and Pathmark Stores, Inc., a Delaware corporation (for purposes of this Section
19, “Pathmark”) entered into an Agreement and Plan of Merger, as amended by that certain Letter Agreement re: Payment for Fractional Shares, dated June 27,
2007, among Pathmark, A&P and Merger Sub (as so amended, the “Merger Agreement”), which provides for the merger (the “Merger”) of Merger Sub with and into Pathmark, with Pathmark as the surviving corporation. No further Awards shall be made under the Plan on or after the effective time of the Merger. Any
Awards outstanding at the effective time of the Merger shall be cashed out or converted into options to purchase A&P common stock as provided in Section 3.3 of the Merger Agreement. Stock 

16 

Options outstanding at the effective time of the Merger that are converted into options to purchase shares of A&P common stock as provided in Section 3.3 of the Merger Agreement shall otherwise remain in effect
following the Merger in accordance with their terms except that (i) they shall be fully vested and exercisable, (ii) they shall be subject to the terms of this amended and restated Plan, and (iii) employment with A&P and its Subsidiaries shall
be treated as employment with Pathmark and its Subsidiaries. 

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