Document:

<PAGE>

                                                                  EXHIBIT 10(ii)

                     AMENDED AND RESTATED CREDIT AGREEMENT

     THIS AMENDED AND RESTATED CREDIT AGREEMENT (this "Amendment and
Restatement") dated as of June 22, 2000 by and among by and among FEDERAL REALTY
INVESTMENT TRUST, a Maryland real estate investment trust (the "Borrower"), each
of the financial institutions initially a signatory hereto together with their
assignees pursuant to Section 13.5.(d) hereof, COMMERZBANK AG, NEW YORK BRANCH,
as Syndication Agent (the "Syndication Agent"), FIRST UNION NATIONAL BANK, as
Administrative Agent and as Arranger (the "Administrative Agent"), and WELLS
FARGO BANK, NATIONAL ASSOCIATION, as Documentation Agent and as Co-Arranger (the
"Documentation Agent", the Documentation Agent, together with the Administrative
Agent, referred to herein as the "Arranging Agents").

     WHEREAS, pursuant to the terms of that certain Credit Agreement dated as of
December 19, 1997 (as amended and in effect immediately prior to the date
hereof, the "Existing Credit Agreement"), by and among the Borrower, the Lenders
party thereto, the Documentation Agent and the Administrative Agent, the
Lenders, among other things, made available to the Borrower a revolving credit
facility in the amount of $300,000,000, with a $30,000,000 letter of credit
facility; and

     WHEREAS, the Borrower, the Lenders, and the Arranging Agents desire to
amend and restate the terms of the Existing Credit Agreement;

     NOW, THEREFORE, for good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged by the parties hereto, the parties
hereto agree to amend and restate the terms of the Existing Credit Agreement as
follows:

     Section 1.  Amendment and Restatement.  The Existing Credit Agreement is
                 -------------------------
hereby restated in its entirety, with the terms thereof being identical to the
terms of the Existing Credit Agreement, except as amended below:

     (a) The Existing Credit Agreement is hereby amended by deleting the
definitions of the terms "Construction in Process", "Interest Expense",
"Replacement Reserves", and "Termination Date" from Section 1.1 thereof and
substituting in place thereof the following definitions:

          "Construction in Process" means, with respect to a Real Property Asset
     which is Under Construction, the aggregate, good faith estimated total cost
     of construction to complete (including without limitation land acquisition
     costs and all other hard and soft costs associated with the development
     thereof) for such Real Property Asset.  Construction in Process shall not
     include costs incurred for redevelopment of any Real Property Asset which
     has an Occupancy Rate in excess of 70%.

                                      33
<PAGE>

          "Interest Expense" means, with respect to a Person and for any period,
     (a) the total consolidated interest expense (including, without limitation,
     capitalized interest expense (other than capitalized interest expense
     relating to Real Property Assets Under Construction, but only to the extent
     that an interest reserve has been established in connection therewith which
     is acceptable to the Administrative Agent) and interest expense
     attributable to Capitalized Lease Obligations) of such Person and in any
     event shall include all interest expense with respect to any Indebtedness
     in respect of which such Person is wholly or partially liable, plus (b) to
                                                                    ----
     the extent not included in the preceding clause (a), such Person's
     proportionate share of all paid or accrued interest expense for such period
     of Unconsolidated Affiliates of such Person.

          "Replacement Reserves" means, for any period and with respect to any
     Real Property Asset, an amount equal to (a) $0.15 times, (b) a fraction,
                                                       -----
     the numerator of which is the number of days of such period, and the
     denominator of which is 365 times the aggregate gross leasable square feet
                                 -----
     of such Real Property Asset. If the term Replacement Reserves is used
     without reference to any specific Real Property Asset, then it shall be
     determined on an aggregate basis with respect to all Real Property Assets
     and a proportionate share of all real property of all Unconsolidated
     Affiliates.

          "Termination Date" means December 19, 2003.

     (b)  The Existing Credit Agreement is amended by deleting Section 2.12 in
its entirety and substituting the following in its place:

     Section 2.12.  [Intentionally Omitted].

     (c)  Section 10.4(a) of the Existing Credit Agreement is hereby amended by
deleting clause (v) thereof in its entirety and replacing it with the following
clauses (v) and (vi):

          (v)  Real Property Assets Under Construction, such that the aggregate
     amount of related Construction in Process exceeds 30% of Gross Asset Value;
     and

          (vi) Real Property Assets Under Construction, such that the aggregate
     amount of related construction in process for all such Real Property Assets
     as calculated by aggregating the sum of actual land acquisition costs and
     actual construction costs expended for Real Property Assets Under
     Construction, exceeds 20% of Gross Asset Value.

     (e)  The Existing Credit Agreement is hereby amended by deleting the
Commitment and notice information set forth on the Lenders' signature pages
thereto in its entirety and substituting in its place the Commitment and notice
information set forth on each such Lender's signature pages hereto.

                                      34
<PAGE>

     Section 2.  Acknowledgment of Lenders' Commitments; Adjustment of
                 -----------------------------------------------------
Outstandings.  The parties hereto agree that after giving effect to the
------------
transactions contemplated by this Amendment and Restatement, the amount of each
Lender's respective Commitment is as set forth on such Lender's signature page
attached hereto.  The Borrower and the Lenders agree that as of the date on
which all of the conditions precedent contained in Section 3 are satisfied (the
"Amendment and Restatement Effective Date"), all Revolving Loans outstanding
under the Existing Credit Agreement (after giving effect to any principal
repayments being made by the Borrower on the Amendment and Restatement Effective
Date) shall be allocated among the Lenders in accordance with their respective
Commitment Percentages (determined in accordance with the aggregate amount of
their respective Commitments as set forth on the signature pages attached
hereto), and each Lender agrees to make such payments to the other Lenders and
any Person who ceased to be a "Lender" under the Existing Credit Agreement upon
the Amendment and Restatement Effective Date in such amounts as are necessary to
effect such allocation. All such payments shall be made to the Administrative
Agent for the account of the Person to be paid and shall be made on a net basis.

     Section 3.  Conditions Precedent.  The effectiveness of this Amendment and
                 --------------------
Restatement is subject to receipt by the Administrative Agent of each of the
following; each in form and substance satisfactory to the Administrative Agent:

     (a) Counterparts of this Amendment and Restatement executed by each of
parties hereto;

     (b) The closing fee referred to in Section 4 below;

     (c) A Revolving Note executed by the Borrower, payable to Bank of America,
N.A. and Bank of Montreal, Chicago Branch in the original principal amounts of
their respective Commitments and a Bid Rate Note executed by the Borrower,
payable to Bank of America, N.A. and Bank of Montreal, Chicago Branch;

     (d) The declaration of trust of the Borrower certified as of a recent date
by the Maryland State Department of Assessments and Taxation;

     (e) A good standing certificate issued as of a recent date by the Maryland
State Department of Assessments and Taxation and certificates of qualification
to transact business or other comparable certificates issued by each Secretary
of State (and any state department of taxation, as applicable) of each state in
which the Borrower is required to be so qualified;

     (f) A certificate of incumbency signed by the Secretary or Assistant
Secretary of the Borrower with respect to each of the officers of the Borrower
authorized to execute and deliver this Amendment and Restatement and the Notes
referenced above;

     (g) Certified copies (certified by the Secretary or Assistant Secretary of
the Borrower) of all action taken by the Borrower's Board of Trustees to
authorize the execution, delivery and

                                      35
<PAGE>

performance of this Amendment and Restatement, the Notes referenced above and
any other Loan Documents to which it is a party and which are being executed
concurrently herewith;

     (h) The articles of incorporation, articles of organization, certificate of
limited partnership or other comparable organizational instrument (if any) of
each Material Subsidiary (excluding any Non-Guarantor Subsidiary) certified as
of a recent date by the Secretary of State of the state of formation of such
Material Subsidiary;

     (i) A certificate of good standing or certificate of similar meaning with
respect to each Material Subsidiary (excluding any Non-Guarantor Subsidiary)
issued as of a recent date by the Secretary of State of the state of formation
of each such Material Subsidiary and certificates of qualification to transact
business or other comparable certificates issued by each Secretary of State (and
any state department of taxation, as applicable) of each state in which such
Material Subsidiary is required to be so qualified;

     (j) A certificate of incumbency signed by a Vice President, the Treasurer,
the Secretary or an Assistant Secretary (or other individual performing similar
functions) of each Material Subsidiary (excluding any Non-Guarantor Subsidiary)
with respect to each of the officers of such Material Subsidiary authorized to
execute and deliver this Amendment and Restatement;

     (k) Copies certified by a Vice President, the Treasurer, the Secretary or
an Assistant Secretary (or other individual performing similar functions) of
each Material Subsidiary (excluding any Non-Guarantor Subsidiary) of (i) the by-
laws of such Material Subsidiary, if a corporation, the operating agreement, if
a limited liability company, the partnership agreement, if a limited or general
partnership, or other comparable document in the case of any other form of legal
entity and (ii) all corporate, partnership, member or other necessary action
taken by such Material Subsidiary to authorize the execution, delivery and
performance of Amendment and Restatement and any other Loan Documents to which
it is a party; and

     (l) Such other documents, agreements and instruments as either of the
Arranging Agents may reasonably request.

     Section 4.  Closing Fee.  In consideration of a Lender's agreeing to amend
                 -----------
and restate the Existing Credit Agreement as provided herein, the Borrower
agrees to pay to the Administrative Agent for the account of such Lender a
closing fee equal to one-fourth of one percent (0.25%) of the amount of such
Lender's Commitment (as set forth on such Lender's signature page attached
hereto).

     Section 5.  Representations of the Borrower.  The Borrower represents and
                 -------------------------------
warrants to the Administrative Agent and the Lenders that:

     (a) Authorization.  The Borrower and each other Loan Party a party hereto
         -------------
has the right and power, and has taken all necessary action to authorize it, to
execute and deliver this Amendment and Restatement and to perform its
obligations hereunder and under the Existing

                                      36
<PAGE>

Credit Agreement, as amended and restated by this Amendment and Restatement, in
accordance with their respective terms. This Amendment and Restatement has been
duly executed and delivered by a duly authorized officer of the Borrower and
each Loan Party a party hereto and each of this Amendment and Restatement and
the Existing Credit Agreement, as amended and restated by this Amendment and
Restatement, is a legal, valid and binding obligation of the Borrower and each
such Loan Party enforceable against the Borrower and each such Loan Party in
accordance with its respective terms except as the same may be limited by
bankruptcy, insolvency, and other similar laws affecting the rights of creditors
generally and the availability of equitable remedies for the enforcement of
certain obligations contained herein or therein may be limited by equitable
principles generally.

     (b) Compliance with Laws, etc.  The execution and delivery by the Borrower
         -------------------------
and each other Loan Party a party hereto of this Amendment and Restatement and
the performance by the Borrower and each such Loan Party of this Amendment and
Restatement and the Existing Credit Agreement, as amended and restated by this
Amendment and Restatement, in accordance with their respective terms, do not and
will not, by the passage of time, the giving of notice or otherwise:  (i)
require any Government Approval or violate any Applicable Law relating to the
Borrower or such Loan Party; (ii) conflict with, result in a breach of or
constitute a default under the Borrower's declaration of trust or the
organizational documents of any other Loan Party or any indenture, agreement or
other instrument to which the Borrower or such Loan Party is a party or by which
it or any of its properties may be bound; or (iii) result in or require the
creation or imposition of any Lien upon or with respect to any property now
owned or hereafter acquired by the Borrower or such Loan Party other than in
favor of the Administrative Agent for the benefit of the Lenders.

     (c) No Default.  No Default or Event of Default has occurred and is
         ----------
continuing as of the date hereof nor will exist immediately after giving effect
to this Amendment and Restatement.

     (d) Guarantors.  As of the date hereof, all Material Subsidiaries
         ----------
(excluding Non-Guarantor Subsidiaries) are parties to the Guaranty and to this
Amendment and Restatement.

     Section 6.  Reaffirmation by Borrower and other Loan Parties.  The Borrower
                 ------------------------------------------------
and each other Loan Party hereby repeats and reaffirms all representations and
warranties made by the Borrower or such Loan Party to the Administrative Agent
and the Lenders in the Existing Credit Agreement or the Guaranty, as applicable,
and the other Loan Documents to which it is a party with the same force and
effect as if made on and as of the date hereof (and after giving effect to this
Amendment and Restatement) except to the extent that such representations and
warranties expressly relate solely to an earlier date (in which case such
representations and warranties shall have been true and accurate on and as of
such earlier date) and except for changes in factual circumstances specifically
and expressly permitted under the Credit Agreement or any other Loan Document
with the same force and effect as if such representations and warranties were
set forth in this Amendment and Restatement in full.

                                      37
<PAGE>

     Section 7.   Reaffirmation by Guarantors.  Each Material Subsidiary a party
                  ---------------------------
hereto hereby reaffirms its continuing obligations to the Administrative Agent
and the Lenders under the Guaranty to which it is a party, and agrees that the
transactions contemplated by this Amendment and Restatement shall not in any way
affect the validity and enforceability of such Guaranty, or reduce, impair or
discharge the obligations of such Material Subsidiary thereunder.

     Section 8.   Certain References.  Each reference to the "Credit Agreement"
                  ------------------
in any of the Loan Documents shall be deemed to be a reference to the Existing
Credit Agreement as amended and restated by this Amendment and Restatement.

     Section 9.   Benefits.  This Amendment and Restatement shall be binding
                  --------
upon and shall inure to the benefit of the parties hereto and their respective
successors and assigns.

     Section 10.  GOVERNING LAW. THIS AMENDMENT SHALL BE GOVERNED BY, AND
                  -------------
CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NORTH CAROLINA APPLICABLE
TO CONTRACTS EXECUTED, AND TO BE FULLY PERFORMED, IN SUCH STATE.

     Section 11.  Expenses.  The Borrower shall reimburse the Administrative
                  --------
Agent upon demand for all costs and expenses (including reasonable attorneys'
fees) incurred by the Administrative Agent in connection with the preparation,
negotiation and execution of this Amendment and Restatement and the other
agreements and documents executed and delivered in connection herewith.

     Section 12.  Effect.  The amendment and restatement effected hereby shall
                  ------
be deemed to have prospective application only.

     Section 13.  Counterparts.  This Amendment and Restatement may be executed
                  ------------
in any number of counterparts, each of which shall be deemed to be an original
and shall be binding upon all parties, their successors and assigns.

     Section 14.  Definitions.  All capitalized terms not otherwise defined
                  -----------
herein are used herein with the respective definitions given them in the
Existing Credit Agreement.

     SECTION 15.  NO NOVATION.  THE PARTIES HERETO HAVE ENTERED INTO THIS
                  -----------
AMENDMENT AND RESTATEMENT AND THE OTHER DOCUMENTS AND INSTRUMENTS EXECUTED IN
CONNECTION HEREWITH SOLELY TO AMEND AND RESTATE THE TERMS OF, AND THE
OBLIGATIONS OWING UNDER AND IN CONNECTION WITH, THE EXISTING CREDIT AGREEMENT.
THE PARTIES DO NOT INTEND THIS AMENDMENT AND RESTATEMENT NOR THE TRANSACTIONS
CONTEMPLATED HEREBY TO BE, AND THIS AMENDMENT AND RESTATEMENT AND THE
TRANSACTIONS CONTEMPLATED HEREBY SHALL NOT BE DEEMED OR CONSTRUED TO BE, A
NOVATION OF ANY OF THE OBLIGATIONS OWING BY THE BORROWER, ITS SUBSIDIARIES OR
ANY OTHER LOAN PARTY UNDER OR IN

                                      38
<PAGE>

CONNECTION WITH THE EXISTING CREDIT AGREEMENT OR ANY OTHER CREDIT DOCUMENT.

                           [Signatures on Next Page]

                                      39EXHIBIT 10.1

                            SHARE PURCHASE AGREEMENT

            THIS SHARE PURCHASE AGREEMENT ("Agreement") dated as of July 24,
2000, is entered into by and among Interstate Bakeries Corporation, a Delaware
corporation ("IBC"), Ralston Purina Company, a Missouri corporation ("Ralston"),
and Tower Holding Company, Inc., a Delaware corporation ("Tower Holding"), a
corporation wholly-owned by Ralston and the successor to VCS Holding Company.
Ralston and Tower Holding are hereinafter called the "Sellers."

                                     RECITAL

            Tower Holding is the record owner of 30,346,154 shares of the Common
Stock, $.01 par value, of IBC. Sellers desire to sell, and IBC desires to
purchase 15,498,000 of such shares (the "Offered Shares"), as hereinafter
provided.

                                    AGREEMENT

            1. CONVEYANCE. Subject to the provisions of this Agreement, the
Sellers agree to sell, assign, transfer and convey to IBC, and IBC agrees to
purchase, good and unencumbered record title and beneficial ownership to the
Offered Shares, free and clear of any security interests, liens or encumbrances
of any kind, as follows:

                  (a) The price per share payable by IBC for each Offered Share
shall be the average closing price per share for the Common Stock, $.01 par
value, of IBC trading regular way on the New York Stock Exchange for the most
recent 20 consecutive trading days ending on and including July 31, 2000 (the
"Share Price").

                  (b) On August 1, 2000, Sellers shall sell and IBC shall buy
that number of the Offered Shares that can be purchased at the Share Price per
share for an aggregate purchase price of $40 million.

                  (c) On September 1, 2000, Sellers shall sell and IBC shall
purchase the balance of the Offered Shares not purchased on August 1, 2000, for
the sum of (i) the Share Price per share multiplied by the balance of the
Offered Shares; plus (ii) an amount equal to the 30-day LIBOR published in the
Wall Street Journal on August 1, 2000, plus 150 basis points, multiplied by a
fraction equal to 31/360, applied to the total payment to be made by IBC under
Section 1(c)(i)."

                  (d) All payments by IBC hereunder shall be by wire transfer of
immediately available funds, in accordance with wire transfer instructions
provided by Sellers, against receipt of

                                       1

<PAGE>

certificates representing the Offered Shares then to be purchased, together with
stock powers sufficient to accomplish such transfer.

            2.    REPRESENTATIONS  AND  WARRANTIES  OF SELLERS.  The Sellers
represent  and warrant to IBC as follows:

                  (a) Sellers have full corporate power and authority to enter
into and consummate the transactions contemplated by this Agreement. This
Agreement has been duly executed and delivered by each Seller, and constitutes
the valid and binding agreement of each Seller, enforceable in accordance with
its terms, except as such enforcement may be limited by laws affecting or
relating to creditors' rights generally, and to general principles of equity.

                  (b) The execution and delivery of this Agreement by the
Sellers does not violate, conflict with or result in a breach of any provision
of, or constitute default under the Articles of Incorporation or Certificate of
Incorporation of either Seller, nor any agreement or law applicable to either
Seller. No consents, approvals or filings, other than such as have heretofore
been obtained or made are required prior to or to authorize the sale of the
Offered Shares as herein contemplated.

            3.    REPRESENTATIONS  AND  WARRANTIES  OF IBC. IBC  represents
and warrants to Sellers as follows:

                  (a) IBC has full corporate power and authority to enter into
and consummate the transactions contemplated by this Agreement. This Agreement
has been duly executed and delivered by IBC, and constitutes the valid and
binding agreement of IBC, enforceable in accordance with its terms, except as
such enforcement may be limited by laws affecting or relating to creditors'
rights generally, and to general principles of equity.

                  (b) The execution and delivery of this Agreement by IBC does
not violate, conflict with or result in a breach of any provision of, or
constitute a default under the Certificate of Incorporation of IBC, nor any
agreement or law applicable to IBC. No consents, approvals or filings are
required prior to or to authorize the purchase of the Offered Shares as herein
contemplated.

            4. FURTHER ASSURANCES. Each of the parties hereto agrees that from
time to time it shall promptly execute and deliver all further instruments and
documents, and take all such further action, that may be necessary or
appropriate, as reasonably requested by any other party, in order to accomplish
the sale and purchase of the Offered Shares pursuant to this Agreement and the
sale of the Offered Shares pursuant hereto.

            5.    GOVERNING LAW. This  Agreement  shall be governed by the laws
of the State of Delaware.

                                       2

<PAGE>

            IN WITNESS WHEREOF, IBC and the Sellers have executed this Agreement
on the date first above written.

                                       RALSTON PURINA COMPANY

                                       By: /S/ JAMES M. NEVILLE
                                          -------------------------------------
                                          Title:

                                       TOWER HOLDING COMPANY, INC.

                                       By: /S/ NANCY E. HAMILTON
                                          -------------------------------------
                                          Title:

                                       INTERSTATE BAKERIES CORPORATION

                                       By: /S/ RAY SANDY SUTTON
                                          -------------------------------------
                                          Title:  Vice President

                                       3

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00012-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00012-of-00352.parquet"}]]