Document:

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                                                                   EXHIBIT 10.13

                  SWIFT TRANSITION TRADEMARK LICENSE AGREEMENT
                      (Swift and Swift Premium Trademarks)

         THIS TRANSITION TRADEMARK LICENSE AGREEMENT ("Agreement") is entered
into on this 19th day of September, 2002 (the "Effective Date") between SWIFT
BRANDS COMPANY, a Delaware corporation ("Licensor") and CONAGRA FOODS, INC.
("Licensee").

                                   WITNESSETH

         WHEREAS, Licensor and Licensee have entered into a certain agreement
("Purchase Agreement"), pursuant to which Licensor has acquired certain business
assets related to the production, distribution, marketing, advertising and sale
of fresh beef, fresh pork and fresh lamb;

         WHEREAS, under the terms and conditions of the Purchase Agreement,
Licensor acquired from Licensee, and certain affiliates of Licensee, certain
rights in the trademarks Swift, Swift Premium and other derivations of the
trademark Swift (the "Licensed Trademarks"); and

         WHEREAS, Licensee desires to obtain a license from Licensor to use the
Licensed Trademarks in connection with the production, distribution, marketing,
advertising and sale of certain processed meat products as further specified in
this Agreement.

                                    AGREEMENT

         NOW, THEREFORE, in consideration of the premises and mutual covenants
and agreements hereinafter contained, it is agreed as follows:

         1. GRANT OF LICENSE

                  (a) Licensor hereby grants to Licensee (including Licensee's
Affiliates, as the term "Affiliates" is used in the Purchase Agreement), and
Licensee hereby accepts from Licensor, an exclusive (but not as to Licensor)
limited, license to use the Licensed Trademarks in connection with the
production, distribution, marketing, advertising and sale of those processed
meat products that Licensee (including Licensee's Affiliates) was selling under
the Licensed Trademarks as of the effective date of the Purchase Agreement
(collectively, the "Licensed Goods"), throughout the world, pursuant to the
terms and conditions of this Agreement.

                  (b) Licensee agrees that the foregoing license grant expressly
includes the right to continue the use of any corporate name, trade name or
other business designation incorporating the word "Swift" that was in use by
Licensee (including Licensee's Affiliates) as of the effective date of the
Purchase Agreement.

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         2. PAYMENT

         Licensee shall not be required to pay any royalty or to make any other
payment to Licensor under the terms of this Agreement.

         3. OWNERSHIP AND PROTECTION OF LICENSED TRADEMARKS

                  (a) Licensee acknowledges and agrees that Licensor is the
owner of all right, title and interest in the Licensed Trademarks, including all
goodwill associated therewith, subject only to the specific rights granted to
Licensee pursuant to this Agreement. All goodwill arising from Licensee's use of
the Licensed Trademarks will inure solely to the benefit of Licensor.

                  (b) Licensee shall promptly notify Licensor in writing of any
known or suspected infringements, imitations, or unauthorized uses of the
Licensed Trademarks by third parties. Licensor shall have the sole right and
discretion to institute actions against third parties for infringement of the
Licensed Trademarks. Licensor shall have the sole right to control any such
action instituted by it, including employment of counsel selected by Licensor.
Licensee shall cooperate with Licensor, at Licensor's expense, in connection
with any such action instituted by Licensor.

         4. REQUIRED APPROVALS

                  (a) Licensor is aware of the Licensed Goods sold by Licensee
as of the Effective Date and such Licensed Goods are hereby approved for sale by
Licensee provided that such Licensed Goods continue to reflect the same high
level of quality as of the Effective Date, and such Licensed Goods conform with
all applicable laws and regulations, including but not limited to the
regulations of the United States Department of Agriculture and the United States
Food and Drug Administration, and the HACCP plans currently approved by the
USDA. Licensee may not produce, distribute, market, advertise or sell any
Licensed Goods which constitute a material departure from those Licensed Goods
sold by Licensee as of the Effective Date of this Agreement, without the prior
written approval of Licensor which approval may be withheld in the sole
discretion of Licensor.

                  (b) Licensor is aware of the labels, packaging, advertising
and promotional materials (collectively, the "Promotional Materials") used by
Licensee as of the Effective Date and such Promotional Materials are hereby
approved for use by Licensee provided that such Promotional Materials conform
with all applicable laws and regulations. Licensor agrees that Licensee may make
such modifications to the Promotional Materials as may be required, in the
reasonable discretion of Licensee, to preserve consumer recognition of Licensee
as the source of the Licensed Goods, as Licensee transitions from the Licensed
Trademarks to one or more new trademarks, and that such modifications do not
require the approval of Licensor. Without limiting the generality of the
foregoing, Licensee may change the logo style or trade dress used in connection
with the Licensed Trademarks and may add or remove such trademarks, logos,
graphics, design elements and trade dress as Licensee in its reasonable
discretion may select for the purpose of facilitating its transition to one or
more different trademarks. Licensee shall send

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one copy of every item of Promotional Material that is modified as described
above to Licensor for its review, but Licensor's approval shall not be required.

         5. INSPECTIONS

         Licensee acknowledges and agrees that Licensor shall have reasonable
access to all facilities in which any Licensed Goods are produced, packaged,
stored or otherwise handled, for the purpose of confirming Licensee's compliance
with the terms and conditions of this Agreement. In connection with such
inspections, Licensee shall provide Licensor with such samples of Licensed Goods
as Licensor may reasonably request. Unless Licensor has a reasonable basis for
believing that Licensee has violated the terms and conditions of this Agreement,
Licensor agrees that it will not seek access to such facilities more than one
time each in any twelve (12) month period and then only during regular business
hours, or such other times as the parties may mutually agree.

         6. INSURANCE

                  (a) Licensee agrees to maintain the following insurance during
the term of this Agreement:

                           (i) Commercial general liability insurance, including
products liability insurance, written on an occurrence form, including blanket
contractual liability coverage against claims for bodily injury, affording
minimum single limit protection of two million dollars ($2,000,000) per
occurrence, and two million dollars ($2,000,000) in the aggregate, with respect
to personal injury or death and property damage;

                           (ii) Automobile liability insurance against claims
for bodily injury, death and property damage, affording minimum single limit
protection of two million dollars ($2,000,000) with respect to personal injury
or death and property damage occurring or resulting from one occurrence; and

                           (iii) Employer's liability insurance against claims
for bodily injury and death, affording minimum single limit protection of two
million dollars ($2,000,000) with respect to personal injury or death occurring
or resulting from one occurrence and worker's compensation insurance in
accordance with the statutory requirements of each state in which Licensee's
employees may be found.

                  (b) Licensor agrees that Licensee may comply with the
foregoing obligations through self insurance.

         7. INDEMNIFICATION

         Licensee shall indemnify Licensor for any third party product liability
claims arising out of the sale of any Licensed Goods by Licensee.

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         8. REPRESENTATIONS AND COVENANTS OF LICENSEE

                  (a) Licensee recognizes Licensor's exclusive right, title and
interest in the Licensed Trademarks and agrees that it will not, at any time, do
or cause to be done any act or thing impairing or tending to impair any part of
Licensor's right, title and interest therein. Licensee agrees that it will not
directly or indirectly, during the term of this Agreement or thereafter, attack
or contest Licensor's exclusive right, title and interest in the Licensed
Trademarks.

                  (b) Licensee agrees that Licensee will not seek to register
the Licensed Trademarks or any other trademark, service mark, corporate name,
trade name, domain name or other designation that incorporates the Licensed
Trademarks, in any jurisdiction without the express written consent of Licensor
which may be withheld in the sole discretion of Licensor.

                  (c) Licensee agrees that it will take no action likely to
damage the goodwill and reputation associated with the Licensed Trademarks.

                  (d) Licensee agrees that its use of the Licensed Trademarks
will comply with all applicable laws and regulations. Without limiting the
generality of the foregoing, on any new Promotional Materials that Licensee
creates after the Effective Date, Licensee agrees that it shall cause
appropriate "(TM)" or "(R)" designations to appear on all such Promotional
Materials that are used in connection with the Licensed Goods.

         9. REPRESENTATIONS AND COVENANTS OF LICENSOR

                  (a) Licensor represents that (i) it has the right to enter
into this Agreement, and (ii) Licensor has not granted any third party any
license or right to use the Licensed Trademarks that would conflict with the
license grant set forth in this Agreement.

                  (b) Licensor warrants that during the term of this Agreement
it will not (i) grant to any third party any license or right to use the
Licensed Trademarks that would conflict with the license grant set forth in this
Agreement, or (ii) use for itself or its own account, the Licensed Trademarks in
connection with the Licensed Goods. Nothing contained herein shall be construed
as in any manner restricting or limiting Licensor from producing, distributing,
marketing, advertising or selling any goods under any other trademark other than
the Licensed Trademarks, including but not limited to goods that compete with
the Licensed Goods.

                  (c) Except as expressly set forth herein, the license grant
set forth in this Agreement is made on an AS IS basis without any warranty or
representation whatsoever. Without limiting the generality of the foregoing,
Licensee acknowledges and agrees that Licensor has not registered the Licensed
Trademarks in every jurisdiction throughout the world and Licensee acknowledges
and agrees that Licensor has made no warranty or representation to Licensee that
the Licensed Trademarks are available for use in any jurisdiction other than the
United States.

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         10. BROWN N SERVE TRADEMARK

                  (a) Licensor acknowledges and agrees that Licensee is the sole
owner of all right, title and interest in the trademark Brown 'N Serve, any
derivations of the trademark Brown 'N Serve and the current combination of all
trademarks, logos, graphics, and design elements that comprise the trade dress
associated therewith, excluding, however, the trademark "Swift Premium" and any
other trademarks specifically assigned to Licensor or its Affiliates as part of
the transaction described in the Purchase Agreement (collectively, the "Brown 'N
Serve Properties"). Licensor agrees that it shall not use, nor authorize any
third party to use, the Brown 'N Serve Properties, nor any other trademarks,
combinations of logos, graphics, and design elements, or trade dress that is
confusingly similar therewith.

                  (b) Licensor recognizes Licensee's exclusive right, title and
interest in the Brown 'N Serve Properties and agrees that it will not, at any
time, do or cause to be done any act or thing impairing or tending to impair any
part of Licensee's right, title and interest therein. Licensor agrees that it
will not directly or indirectly, during the term of this Agreement or
thereafter, attack or contest Licensee's exclusive right, title and interest in
the Brown 'N Serve Properties.

                  (c) Licensor agrees that Licensor will not seek to register
the trademark Brown 'N Serve, any derivation of the trademark Brown 'N Serve, or
any term that is confusingly similar thereto, as a trademark, service mark,
corporate name, trade name, domain name or other designation in any jurisdiction
without the express written consent of Licensee which may be withheld in the
sole discretion of Licensee.

         11. TERM AND TERMINATION

                  This Agreement shall commence as of the Effective Date and
shall continue for a period of twelve (12) months.

                  (b) Either party may terminate this Agreement upon written
notice to the other party in the event that the other party commits a material
breach of this Agreement and such breaching party fails to cure such breach
within thirty (30) days after receiving written notice of such breach. If the
breach is of a nature such that it cannot be cured using commercially reasonable
efforts, however, the non-breaching party shall not be able to terminate this
Agreement for that particular breach, provided that the breach was not willful
and the breaching party takes commercially reasonable steps to ensure that such
breaches do not occur again in the future.

                  (c) Either party may terminate this Agreement upon written
notice to the other party in the event that (i) a petition in bankruptcy is
filed by or against the other party, (ii) the other party is adjudicated a
bankrupt or insolvent, (iii) the other party makes an assignment for the benefit
of creditors or an arrangement pursuant to any bankruptcy law, (iv) the other
party discontinues its business, or (v) a receiver is appointed for the other
party or other party's business and such receiver is not discharged within
thirty (30) days.

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                  (d) Upon the termination of this Agreement, unless otherwise
provided herein, any and all rights of Licensee to use the Licensed Trademarks
shall automatically cease. Licensee shall promptly cease all use of the Licensed
Trademarks, and Licensee will not adopt or use any word, logo or trademark which
is confusingly similar to the Licensed Trademarks. Notwithstanding the
foregoing, Licensor agrees that Licensee shall not be required to recall or
remove any Licensed Goods from the channels of distribution into which such
Licensed Goods were placed prior to termination.

                  (e) Notwithstanding the foregoing, Licensor acknowledges that
Swift-Eckrich, Inc., a wholly owned subsidiary of Licensee, has entered into
certain agreements with Gainers, Inc. ("Supply Agreement") pursuant to which
Swift-Eckrich, Inc. has agreed to provide Gainers, Inc. with certain "Swift" and
"Swift Premium" branded products, such products being manufactured in the United
States and exported for sale in Canada. Licensor agrees that Swift-Eckrich, Inc.
may continue to manufacture and sell "Swift" and "Swift Premium" branded
products to Gainer's, Inc. and its successor(s) in interest provided that such
goods are exported solely for sale in Canada.

                  (f) Notwithstanding anything to the contrary provided herein,
the provisions of Sections 3, 8(a), 8(b), 10, 11(d), 11(e), 11(f), 16 and 17
shall survive the termination of this Agreement.

         12. RELATIONSHIP BETWEEN PARTIES

         Nothing contained in this Agreement shall be construed to place the
parties in the relationship of legal representatives, partners, joint venturers,
agents or fiduciaries, and no party shall take any action nor incur any debts,
obligations or liabilities in the name of the other. The rights of inspection
and approval set forth herein shall not create any duty or responsibility of
Licensor with respect to any Licensed Goods or Promotional Materials, and
Licensee agrees that Licensee shall remain solely responsible for compliance
with all labeling laws and regulations, advertising laws and regulations, and
all other laws and regulations relating to the production, distribution,
marketing, advertising and sale of the Licensed Goods and the publication or
other dissemination of the Promotional Materials.

         13. ASSIGNMENT

                  (a) Licensee agrees that Licensor may freely assign its rights
and obligations under this Agreement.

                  (b) Licensee agrees that the rights and obligations of
Licensee under this Agreement are personal to Licensee, and this Agreement may
not be assigned by Licensee, in whole or in part, without the express written
consent of Licensor which may be withheld in the sole discretion of Licensor.
Any assignment in violation of this Agreement shall be void and a material
breach of this Agreement.

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         14. AMENDMENTS

         This Agreement may not be amended or modified except in a writing
signed by the party against whom enforcement of such change is sought.

         15. NOTICE

         All notices required or permitted to be given by this Agreement shall
be in writing and sent by registered or certified mail, return receipt
requested, and shall be addressed to the party to whom it is to be served at the
address of such parties stated below. If either party changes his address, a
written notice thereof shall be given to the other party in accordance with this
Section.

                  If to Licensor:         Swift Brands Company
                                          1770 Promontory Circle
                                          Greeley, Colorado  80634
                                          Attention: President
                                          Fax: (970) 506-8323

                  Copy to:                Hicks, Muse, Tate & Furst Incorporated
                                          200 Crescent Court, Suite 1600
                                          Dallas, Texas 75201
                                          Attention: Edward Herring
                                          Fax: (214) 720-7888

                  Copy to:                Michael Wortley
                                          Vinson & Elkins, L.L.P.
                                          2001 Ross Avenue, Suite 3600
                                          Dallas, Texas 75201
                                          Fax: (214) 220-7716

                  If to Licensee:         ConAgra Foods, Inc.
                                          One ConAgra Drive
                                          Omaha, Nebraska 68102
                                          Attn: Corporate Controller
                                          Telephone: (402) 595-4000
                                          Fax: (402) 595-4611

                  Copy to:                Roger Wells
                                          McGrath, North, Mullin & Kratz, P.C.
                                          1400 One Central Park Plaza
                                          222 South 15th Street
                                          Omaha, Nebraska 68102
                                          Telephone: (402) 341-3070
                                          Fax: (402) 341-0216

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         16. CHOICE OF LAW

         This Agreement shall be deemed to have been made and shall be
interpreted, and the rights and liabilities of the parties hereto determined, in
accordance with the laws of the State of Delaware applicable to agreements made
and to be performed solely in such State.

         17. CONFIDENTIALITY

                  (a) The term "Confidential Information" shall mean all
information that is, directly or indirectly, disclosed by either party to the
other party, that should reasonably be understood by the receiving party, due to
legends or other markings, the circumstances of disclosure or the nature of the
information itself, to be proprietary or confidential to the disclosing party,
regardless of whether such information is disclosed in writing, verbally or by
virtue of inspection or observation of any tangible or intangible objects,
facilities, processes or information.

                  (b) The parties agree that all Confidential Information
disclosed by either party to the other party shall be maintained in secrecy by
the receiving party using the same safeguards as the receiving party uses to
protect its own commercially confidential information of a similar character,
but at least using reasonable care. The parties agree that neither party shall
disclose any Confidential Information received from the other party to any third
party and that both parties shall use Confidential Information received from the
other party for the sole purpose of fulfilling its contractual obligations to
the other party. The parties agree that they will each disclose Confidential
Information received from the other party only to those employees who have a
bona fide need to know such Confidential Information. The parties agree that
they shall each be responsible for ensuring that their respective employees
safeguard all Confidential Information in accordance with the terms and
conditions of this Agreement.

                  (c) The parties agree that the term "Confidential Information"
does not include any information that is: (i) already known to or otherwise in
the possession of the receiving party at the time it is received from the
disclosing party, (ii) publicly available or otherwise in the public domain, or
(iii) rightfully obtained by the receiving party from any third party without
restriction and without breach of this Agreement by the receiving party.

         18. BINDING EFFECT

         This Agreement shall inure to the benefit of and shall bind the
respective parties, their permitted successors and assigns, and their parents,
subsidiaries and Affiliates.

         19. SEVERABILITY

         If any portion of this Agreement shall be held to be unenforceable or
illegal, such portion of this Agreement shall be deemed cancelled, but such
cancellation shall not affect any of the other terms, conditions or provisions
of this Agreement.

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         20. NONWAIVER

         The failure of either party to require the performance of any term of
this Agreement or the waiver by either arty of any breach under this Agreement
shall not prevent subsequent enforcement of such term, nor be deemed a waiver of
any subsequent breach.

         21. HEADINGS

         The section headings within this Agreement are for convenience only and
shall not be deemed to affect in any way the language of the provision to which
they refer.

         22. LANGUAGE

         The language in this Agreement shall in all cases be construed as a
whole, according to its fair meaning, and not strictly for or against any of the
parties.

         23. CONSENT TO JURISDICTION. THE PARTIES HERETO HEREBY IRREVOCABLY
SUBMIT TO THE EXCLUSIVE JURISDICTION OF ANY UNITED STATES FEDERAL OR DELAWARE
STATE COURT SITTING IN WILMINGTON, DELAWARE IN ANY ACTION OR PROCEEDING ARISING
OUT OF OR RELATING TO THIS AGREEMENT AND EACH OF THE PARTIES HERETO HEREBY
IRREVOCABLY AGREES THAT ALL CLAIMS IN RESPECT OF SUCH ACTION OR PROCEEDING SHALL
BE HEARD AND DETERMINED IN ANY SUCH COURT AND IRREVOCABLY WAIVES ANY OBJECTION
IT MAY NOW OR HEREAFTER HAVE AS TO THE VENUE OF ANY SUCH SUIT, ACTION OR
PROCEEDING BROUGHT IN SUCH A COURT OR THAT SUCH COURT IS AN INCONVENIENT FORUM.

         24. ENTIRE AGREEMENT

         This Agreement and the Purchase Agreement constitutes the entire
agreement and supersedes any and all other understandings and agreements between
the parties with respect to the subject matter hereof and no representation,
statement or promise not contained herein shall be binding on either party.

                           [Signature Page to Follow]

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         IN WITNESS WHEREOF, the parties have executed this Agreement as of the
Effective Date.

                                       SWIFT BRANDS COMPANY

                                       By: /s/ PATRICK J. KOLEY
                                          --------------------------------------
                                       Name: Patrick J. Koley
                                            ------------------------------------
                                       Title: Vice President
                                             -----------------------------------

                                       CONAGRA FOODS, INC.

                                       By: /s/ KEVIN L. WEDEKING
                                          --------------------------------------
                                       Name: Kevin L. Wedeking
                                            ------------------------------------
                                       Title: Assistant Secretary
                                             -----------------------------------

                                       10<PAGE>
                                                                   EXHIBIT 10.14

                      INDEMNIFICATION AND RELEASE AGREEMENT

         This INDEMNIFICATION AND RELEASE AGREEMENT ("Indemnification and
Release Agreement") dated September 19, 2002, is entered into among ConAgra
Foods, Inc., a Delaware corporation ("ConAgra"), Swift Foods Company, a Delaware
corporation ("Holdco"), S&C Holdco 2, Inc., a Delaware corporation ("S&C Holdco
2"), S&C Holdco 3, Inc., a Delaware corporation ("S&C Holdco 3"), Swift &
Company, a Delaware corporation ("U.S. Acquisition Co."), S&C Australia Holdco
Pty. Ltd., an Australian corporation ("Australia Acquisition Co."), Swift Cattle
Holdco, Inc., a Delaware corporation ("Cattle Holdco"), Swift Brands Company, a
Delaware corporation ("Brand Holdco") (Holdco, S&C Holdco 2, S&C Holdco 3, U.S.
Acquisition Co., Australia Acquisition Co, Cattle Holdco and Brand Holdco are
collectively referred to as the "Acquiring Companies"), Swift Beef Company, a
Delaware corporation ("U.S. Beef Company"), Swift Pork Company, a Delaware
corporation ("U.S Pork Company"), Kabushiki Kaisha SAC Japan, a Japanese stock
corporation ("KK Japan"), Swift Refrigerated Foods, S.A. de C.V., a United
Mexican States corporation ("Mexican Company"), Monfort Finance Company, Inc., a
Colorado corporation ("Cattleco"), Burcher Pty. Limited, an Australian
corporation ("Burcher"), Monfort, Inc., a Delaware corporation ("Monfort,
Inc."), Australia Meat Holdings Pty. Limited, an Australian corporation
("Australia Operating Company"), Miller Bros. Co., Inc., a Utah corporation
("Miller Brothers"), Monfort Food Distribution Company, a Colorado corporation
("Monfort Food"), and Monfort International Sales Corp., a Colorado corporation
("Monfort International") (U.S. Beef Company, U.S Pork Company, KK Japan,
Mexican Company, Cattleco, Burcher, Monfort, Inc., Australia Operating Company,
Miller Brothers, Monfort Food and Monfort International are collectively
referred to as the "Acquired Companies").

RECITALS:

         A. ConAgra, Holdco and HMTF Rawhide, L.P., a Delaware limited
partnership, are parties to that certain Agreement dated May 20, 2002, as
amended (the "Agreement").

         B. At the Effective Time, Holdco will be the owner, directly or
indirectly, of all the issued and outstanding capital stock of each of the other
entities (other than ConAgra) named on the signature page hereto (collectively,
the "Companies").

         C. Pursuant to the terms of the Agreement, Holdco has agreed to execute
and deliver to ConAgra at the Closing, and to cause each of the Companies to
execute and deliver to ConAgra at the Closing, an agreement pursuant to which
(i) Holdco and each of the Companies (other than Cattleco) agrees to be bound by
certain post-Closing indemnification obligations set forth in the Agreement and
to release ConAgra and its Affiliates from certain Liabilities and Actions
following the Closing, and (ii) each of the Companies agrees to be bound by and
receive the benefits of the Agreement.

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AGREEMENT:

         1. Definitions. Capitalized terms used but not otherwise defined herein
shall have the meanings assigned to such terms in the Agreement.

         2. Indemnification Obligations. From and after the Closing, each of the
Companies (other than Cattleco) agrees, jointly and severally, to be bound by,
and hereby makes and affirms on its own behalf, each of the post-Closing
indemnification obligations of Holdco set forth in the Agreement.

         3. Binding Companies. Each of the Companies, by its execution and
delivery of this Indemnification and Release Agreement, hereby agrees to be
bound by all the terms and provisions of the Agreement and all rights, benefits
and obligations in favor of Holdco shall also inure to the benefit of each
Company and thereafter be enforceable by each Company to the same extent such
rights, benefits and obligations are enforceable by Holdco, provided that in no
event may HMTF Rawhide, L.P., Holdco and/or a Company recover duplicate Holdco
Indemnified Costs or other recoveries under the Agreement.

         4. Exclusive Remedy. From and after the Closing, except for claims for
fraud or intentional misrepresentation, the indemnity obligations of ConAgra set
forth in (a) Section 12.1.1(a) of the Agreement, subject to any applicable
limitations set forth in Article 12 of the Agreement, and (b) Section 14.1 of
the Agreement will be the exclusive remedies against ConAgra and its Affiliates
for any Environmental Costs or Liabilities incurred by Holdco or the Companies
and, except as provided in (i) Section 12.1.1(a) of the Agreement, subject to
any applicable limitations set forth in Article 12 of the Agreement and (ii)
Section 14.1 of the Agreement, the Companies and Holdco hereby waive any other
rights to, and release ConAgra and its Affiliates from, any other Liabilities
and Actions Holdco or the Companies may have against ConAgra or its Affiliates
with respect to any Environmental Costs or Liabilities.

         5. Limited Application. Subject to the provisions of Section 4 above,
nothing contained in this Indemnification and Release Agreement shall limit,
restrict or prejudice, in any respect, the rights of Holdco or the Companies to
seek from ConAgra and its Affiliates indemnification or other remedies, at law
or in equity, under the Agreement and the other Transaction Documents.

         6. Representations. Each of Holdco and the Companies hereby represents
and warrants, jointly and severally, to ConAgra that (i) it has all requisite
corporate power and authority, and has taken all corporate action necessary, to
execute and deliver this Indemnification and Release Agreement and to perform
its obligations hereunder, and (ii) this Indemnification and Release Agreement
has been duly executed and delivered to ConAgra and upon execution and delivery
by ConAgra will constitute the legal, valid and binding obligation of such
party, enforceable in accordance with its terms, subject to applicable
bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium and
similar laws affecting creditors' rights and remedies generally and subject to
general principles of equity.

         7. Notices. All notices or other communications required or permitted
to be given, pursuant to the terms of this Indemnification and Release
Agreement, shall be in writing and

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shall be deemed to be duly given when received if delivered in person or by
facsimile and confirmed by mail, or mailed by registered or certified mail
(return receipt requested), or overnight courier or express mail, postage
prepaid, as follows:

<Table>
<S>                                                         <C>
              If to Holdco and the Companies:               Hicks, Muse, Tate & Furst Incorporated
                                                            200 Crescent Court, Suite 1600
                                                            Dallas, Texas 75201
                                                            Attention: Edward Herring
                                                            Facsimile: (214) 220-7888

              With a copy to:                               Vinson & Elkins L.L.P.
                                                            2001 Ross Avenue
                                                            3700 Trammell Crow Center
                                                            Dallas, Texas 75201-2975
                                                            Attention: Michael D. Wortley
                                                            Facsimile: (214) 999-7732

                                                            and

                                                            Winston & Strawn
                                                            35 W. Wacker Drive
                                                            Chicago, Illinois 60601
                                                            Attention: Bruce A. Toth
                                                            Facsimile: (312) 558-5700

              If to ConAgra:                                ConAgra Foods, Inc.
                                                            One ConAgra Drive
                                                            Omaha, Nebraska 68102
                                                            Attention: Corporate Controller
                                                            Facsimile: (402) 595-4611

              With a Copy to:                               McGrath, North, Mullin and Kratz, P.C.
                                                            Suite 1400, 222 South 15th Street
                                                            One Central Park Plaza
                                                            Omaha, NE 68102
                                                            Attention: Roger Wells
                                                            Facsimile: (402) 341-0216
</Table>

         Any party may, by notice as aforesaid, designate a different address
for notices or other communications intended for it.

         8. Assignment. Neither this Indemnification and Release Agreement nor
any of the rights or obligations hereunder may be assigned by any party hereto
without the prior written consent of each other party hereto. Subject to the
foregoing, this Indemnification and Release Agreement shall be binding upon and
inure to the benefit of the parties hereto and their respective successors and
permitted assigns.

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         9. Miscellaneous.

                  9.1 Terms Generally. The headings of Sections are inserted for
convenience of reference only and are not intended to be a part of or to affect
the meaning or interpretation of this Indemnification and Release Agreement.
Unless the context shall otherwise require, any reference to any agreement or
other instrument is to it as amended and supplemented from time to time.

                  9.2 Amendments. This Indemnification and Release Agreement may
not be amended or supplemented, nor may any rights hereunder be waived, except
in a writing signed by each of the parties affected thereby.

                  9.3 Severability. If any provision or any part of any
provision of this Agreement is held to be illegal, invalid or unenforceable,
such illegality, invalidity or unenforceability shall not affect the validity or
enforceability of any other provision of this Agreement or part hereof which
shall continue in full force and effect.

                  9.4 Counterparts. This Indemnification and Release Agreement
may be executed and delivered (including by facsimile transmission) in one or
more counterparts, each of which shall be regarded as an original and all of
which shall constitute one and the same instrument.

                  9.5 Governing Law. This Indemnification and Release Agreement
and the legal relations among the parties hereto shall be governed by and
construed in accordance with the laws of the State of Delaware, without regard
to choice of law or conflicts of law provisions, applicable to contracts made
and performed in Delaware.

                  9.6 Consent To Jurisdiction. THE PARTIES HERETO HEREBY
IRREVOCABLY SUBMIT TO THE EXCLUSIVE JURISDICTION OF ANY UNITED STATES FEDERAL OR
DELAWARE STATE COURT SITING IN WILMINGTON, DELAWARE IN ANY ACTION OR PROCEEDING
ARISING OUT OF OR RELATING TO THIS AGREEMENT AND EACH OF THE PARTIES HERETO
HEREBY IRREVOCABLY AGREES THAT ALL CLAIMS IN RESPECT OF SUCH ACTION OR
PROCEEDING SHALL BE HEARD AND DETERMINED IN ANY SUCH COURT AND IRREVOCABLY
WAIVES ANY OBJECTION IT MAY NOW OR HEREAFTER HAVE AS TO THE VENUE OF ANY SUCH
SUIT, ACTION OR PROCEEDING BROUGHT IN SUCH A COURT OR THAT SUCH COURT IS AN
INCONVENIENT FORUM. THE PARTIES HERETO SHALL CAUSE ALL ACQUIRED COMPANIES AND
ACQUIRING COMPANIES TO BE BOUND BY THIS SECTION.

                  9.7 Waiver. The waiver by any party of any instance of any
other party's noncompliance with any obligation or responsibility herein shall
not be deemed a waiver of other instances or of any party's remedies for such
noncompliance. No delay or failure by a party to exercise any right or remedy
against the other party will be construed as a waiver of that right or remedy.
All remedies of the parties hereto are cumulative.

                                       4
<PAGE>

         IN WITNESS WHEREOF, the parties hereto have caused this Indemnification
and Release Agreement to be executed by their duly and lawfully authorized
officers or legal representatives effective as of the day and year first above
written.

<Table>
<S>                                                               <C>
CONAGRA FOODS, INC.,                                              SWIFT REFRIGERATED FOODS, S.A. DE C.V.,
a Delaware corporation                                            a United Mexican States corporation

By:      /s/ DWIGHT J. GOSLEE                                     By:      /s/ PATRICK J. KOLEY
    -------------------------------------------                       ----------------------------------------
Name: Dwight J. Goslee                                            Name: Patrick J. Koley
Its: Executive Vice President, Operations                         Its: Attorney-in-Fact
Control and Development

SWIFT FOODS COMPANY,                                              MONFORT FINANCE COMPANY, INC.,
a Delaware corporation                                            a Colorado corporation

By:      /s/ PATRICK J. KOLEY                                     By:      /s/ DEBRA L. KEITH
    -------------------------------------------                       ----------------------------------------
Name: Patrick J. Koley                                            Name: Debra L. Keith
Its: Vice President                                               Its: Vice President, Tax

S & C HOLDCO 2, INC.,                                             MONFORT, INC.,
a Delaware corporation                                            a Delaware corporation

By:      /s/ PATRICK J. KOLEY                                     By:      /s/ DEBRA L. KEITH
    -------------------------------------------                       ----------------------------------------
Name: Patrick J. Koley                                            Name: Debra L. Keith
Its: Vice President                                               Its: Vice President, Tax

S & C HOLDCO 3, INC.,                                             AUSTRALIA MEAT HOLDINGS PTY. LIMITED,
a Delaware corporation                                            an Australian corporation

By:      /s/ PATRICK J. KOLEY                                     By:      /s/ PATRICK J. KOLEY
    -------------------------------------------                       ----------------------------------------
Name: Patrick J. Koley                                            Name: Patrick J. Koley
Its: Vice President                                               Its: Attorney-in-Fact
</Table>

                                       5
<PAGE>

<Table>
<S>                                                               <C>
SWIFT & COMPANY,                                                  MILLER BROS. CO., INC.,
a Delaware corporation                                            a Utah corporation

By:      /s/ PATRICK J. KOLEY                                     By:      /s/ DEBRA L. KEITH
    -------------------------------------------                       ----------------------------------------
Name: Patrick J. Koley                                            Name: Debra L. Keith
Its: Vice President                                               Its: Vice President, Tax

S&C AUSTRALIA HOLDCO PTY. LTD.,                                   MONFORT FOOD DISTRIBUTION COMPANY,
an Australian corporation                                         a Colorado corporation

By:      /s/ PATRICK J. KOLEY                                     By:      /s/ DEBRA L. KEITH
    -------------------------------------------                       ----------------------------------------
Name: Patrick J. Koley                                            Name: Debra L. Keith
Its: Attorney-in-Fact                                             Its: Vice President, Tax

SWIFT CATTLE HOLDCO, INC.,                                        MONFORT INTERNATIONAL SALES CORP.,
a Delaware corporation                                            a Colorado corporation

By:      /s/ PATRICK J. KOLEY                                     By:      /s/ DEBRA L. KEITH
    -------------------------------------------                       ----------------------------------------
Name: Patrick J. Koley                                            Name: Debra L. Keith
Its: Vice President                                               Its: Vice President, Tax

SWIFT BRANDS COMPANY,
a Delaware corporation

By:      /s/ PATRICK J. KOLEY
    -------------------------------------------
Name: Patrick J. Koley
Its: Vice President

SWIFT BEEF COMPANY,
a Delaware corporation

By:      /s/ DEBRA L. KEITH
    -------------------------------------------
Name: Debra L. Keith
Its: Vice President, Tax
</Table>

                                       6
<PAGE>

SWIFT PORK COMPANY,
a Delaware corporation

By:      /s/ DEBRA L. KEITH
    -------------------------------------------
Name: Debra L. Keith
Its: Vice President, Tax

KABUSHIKI KAISHA SAC JAPAN,
a Japanese stock corporation

By:      /s/ PATRICK J. KOLEY
    -------------------------------------------
Name: Patrick J. Koley
Its: Attorney-in-Fact

BURCHER PTY. LIMITED,
an Australian corporation

By:      /s/ PATRICK J. KOLEY
    -------------------------------------------
Name: Patrick J. Koley
Its: Attorney-in-Fact

                                       7

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