SEC Contract Filing

Filing Date: 2016-05-26

Document Content:
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<TYPE>EX-10.5
<SEQUENCE>6
<FILENAME>sptn-ex105_16.htm
<DESCRIPTION>EX-10.5
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<p style="text-align:right;margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-weight:bold;font-size:12pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Exhibit 10.5</p>
<p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0.96%;text-indent:0%;font-family:Times New Roman;font-size:10pt;">&nbsp;</p>
<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0.96%;text-indent:0%;font-family:Times New Roman;font-size:10pt;">&nbsp;</p>
<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0.96%;text-indent:0%;font-weight:bold;font-size:12pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">EXECUTIVE SEVERANCE AGREEMENT</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:1.15%;text-indent:0%;font-family:Times New Roman;font-size:10pt;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:1.15%;text-indent:0%;font-family:Times New Roman;font-size:10pt;">&nbsp;</p>
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-size:12pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;text-indent:-11.97%;"><a name="_DV_M1"></a><a name="_DV_C2"></a><a name="_1t00000"></a><a name="_DV_C5"></a><font style="margin-left:0pt;"></font><a name="_DV_C2"></a>THIS AGREEMENT is entered into as of the 11<sup style="font-size:85%; vertical-align:top">th</sup> day of April, 2016 (the &#8220;<font style="font-weight:bold;">Effective</font> <font style="font-weight:bold;">Date</font>&#8221;<a name="_1t00000"></a>), by and between SPARTANNASH COMPANY, a Michigan corporation (&#8220;<font style="font-weight:bold;">SpartanNash</font>&#8221;), and Christopher Meyers (&#8220;<font style="font-weight:bold;">Executive</font><a name="_DV_C5"></a>&#8221;).&nbsp;&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:1.15%;text-indent:0%;font-family:Times New Roman;font-size:10pt;">&nbsp;</p>
<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0.96%;text-indent:0%;font-weight:bold;color:#000000;font-size:12pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"><a name="_DV_M4"></a>W I T N E S S E T H:</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:1.15%;text-indent:0%;font-family:Times New Roman;font-size:10pt;">&nbsp;</p>
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;margin-left:0.96%;text-indent:15.38%;font-size:12pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><a name="_DV_M5"></a>WHEREAS, Executive currently serves as a key employee of SpartanNash and/or its subsidiaries (the &#8220;<font style="font-weight:bold;">Company</font>&#8221;) and his services and knowledge are valuable to the Company in connection with the management of one or more of the Company&#8217;s principal operating facilities, divisions, or subsidiaries; and</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:1.15%;text-indent:0%;font-family:Times New Roman;font-size:10pt;">&nbsp;</p>
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;margin-left:0.96%;text-indent:15.38%;color:#000000;font-size:12pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><a name="_DV_M6"></a>WHEREAS, the Company considers the establishment and maintenance of a sound and vital management to be essential to protecting and enhancing the best interests of the Company and its shareholders; and</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:1.15%;text-indent:0%;font-family:Times New Roman;font-size:10pt;">&nbsp;</p>
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;margin-left:0.96%;text-indent:15.38%;color:#000000;font-size:12pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><a name="_DV_M7"></a>WHEREAS, the Board has determined that it is in the best interests of the Company and its shareholders to secure Executive&#8217;s continued services and to ensure Executive&#8217;s continued dedication and objectivity in the event of any threat or occurrence of, or negotiation or other action that could lead to, or create the possibility of, a Change in Control (as hereafter defined) of the Company, without concern as to whether Executive might be hindered or distracted by personal uncertainties and risks created by any such possible Change in Control, and to encourage Executive&#8217;s full attention and dedication to the Company and/or its subsidiaries, the Board has authorized the Company to enter into this Agreement.</p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:1.15%;text-indent:0%;font-family:Times New Roman;font-size:10pt;">&nbsp;</p>
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;margin-left:0.96%;text-indent:15.38%;font-size:12pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><a name="_DV_M8"></a>NOW, THEREFORE, THE COMPANY AND EXECUTIVE AGREE AS FOLLOWS:</p>
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