EXHIBIT 10.14
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FIRST AMENDMENT TO SUPPORT AGREEMENT WITH THE DANNON COMPANY, INC.
FIRST AMENDMENT TO SUPPORT AGREEMENT
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THIS FIRST AMENDMENT TO SUPPORT AGREEMENT, effective as of the 1st day of
January, 2003 ("Effective Date"), by and between The Dannon Company, Inc.
("Dannon"), with its principal place of business at 000 Xxxxx Xxxxxx Xxxx,
Xxxxxxxxx, XX 00000 and Lifeway Foods, Inc. ("Lifeway") with its principal place
of business at 0000 X. Xxxxxx, Xxxxxx Xxxxx, XX 00000; WHEREAS, Dannon and
Lifeway have previously entered into a Support Agreement dated December 24,
1999, for various services in connection with a purchase of shares in Lifeway by
Dannon; and
NOW THEREFORE, in consideration of the mutual covenants and promises set forth
between the parties, and for other good and valuable consideration, the receipt
of which is hereby acknowledged, Dannon and Lifeway hereby covenant and agree
with the other as follows:
1. The Term of the Support Agreement shall be extended for one (1) year. The
extension period commences January 1, 2003, and ends December 31, 2003,
with all provisions of the Support Agreement remaining in full force and
effect unless otherwise modified in writing signed by the Parties.
IN WITNESS WHEREOF, the parties hereto have executed this Amendment to the
Support Agreement as of the Effective Date.
THE DANNON COMPANY, INC. LIFEWAY FOODS, INC.
By: /s/ Xxxxxx Xxxx By: /s/ Xxxxx Xxxxxxxxxx
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Title: President Title: President & CEO
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Date: 2/11/2003 Date: 2/11/2003
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