FIRST AMENDED INDEPENDENT CONTRACTOR AND NONCOMPETITION AGREEMENTIndependent Contractor Agreement |
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Exhibit 10.4
FIRST AMENDED INDEPENDENT CONTRACTOR
AND NONCOMPETITION AGREEMENT
THIS FIRST AMENDED
INDEPENDENT CONTRACTOR AND NONCOMPETITION AGREEMENT (the First Amended
Agreement), dated as of the 4th day of April 2008, between Dean Foods
Company (Dean Foods or the Company), a Delaware Corporation,
having its principal place of business at 2515 McKinney Avenue,
Suite 1200, Dallas, Texas 75201, and Pete Schenkel (Mr. Schenkel)
provides as follows:
WHEREAS, the parties entered
into an original Independent Contractor and Noncompetition Agreement dated
December 1, 2005, (the Original Agreement)that provided for
Mr. Schenkel to provide Senior Advisory Services, as defined in the
Original Agreement, to the Chief Executive Officer, Chairman of the Board, and
the Dairy Group President;
WHEREAS, the Original
Agreement provided that Mr. Schenkel would cease providing Senior Advisory
Services on December 31, 2009, if the Original Agreement was not
terminated before December 31, 2009 pursuant to its terms;
WHEREAS, the Original
Agreement contemplated an Employment Agreement between the Company and Mr.
Schenkel that, as of the date of this First Amended Agreement, has been
terminated on its own terms based on the passage of time, and the parties have
performed all that was required of them under the Employment Agreement;
WHEREAS, the Company wishes
to retain access to Mr. Schenkels knowledge and experience as a senior
advisor for an additional two years above what was agreed upon in the Original
Agreement;
WHEREAS, Section 11(b) of the
Original Agreement provides that the Original Agreement may not be modified
except in a written document executed by both parties to the Original
Agreement;
WHEREAS, the Company still
desires to ensure that, to the extent and for the period of Mr. Schenkels
service to the Company and for a reasonable period thereafter, it may maintain
the confidentiality of its trade secrets and proprietary information, goodwill
and other legitimate business interests, each of which could be compromised;
and
WHEREAS, the parties wish to
memorialize this modification to the Original Agreement through this First
Amended Agreement;
NOW, THEREFORE, it is agreed
that the Original Agreement is amended as follows;
1. The
first sentence of Section 1 of the Original Agreement (Services) is
amended to the following:






