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<br /> ,� G U H k A �V T Y
<br /> RECTTATIONS
<br /> 1-. All of ttre `capitul stock o£ TV Time Fooe�s, Inc•. , an
<br /> 'I1linoi`s corpora'tion, hus 'been 'purchaseci by ''1V 'Pime Pocds, Trzc. ,
<br /> a �5aryland cor.poratium.
<br /> 2. The Piaryland corporation is a wholly owned subsidi«ry
<br /> of AlcCormick & Company�, Incorporated,
<br /> ! ' 3, P]cCormicl: & Company, Tncorporate8 in�enus to effect a
<br /> transfer of a17 of the �ssets and liabili'L-ies of TV Time E'ood�•,
<br /> Inc.. , the 3llinois corpc�ration, to TV Time Foods:, Tnc., the
<br /> hiaryland corporation, by s'tatutory meryer or otherwi�e, wh'ich
<br /> transac'tion will take place subseauent to the da'te oi execution
<br /> and deliver}- of the Le�se and Agreement t;y and 'between The Vii-
<br /> lage oi A1da, Nebr�ska, as Lessor, cnd '1'V 'I'ime f'oods, Tnc. , the
<br /> Ma•ryland cori�oration, us Lessee.
<br /> In cottsideration of the r_•xecution anri delivery of saift
<br /> i�esse and Aqrcement '�y The �iillage of A1da, Nebraska, TV Time
<br /> 'Poods,, Tnc., an Illinoi� c�rporation, does herety uncnndi'tion-
<br /> ally guarantee all of the o�liqa'tions of the Lessee under said
<br /> Lease and Agr<e�oe�t, inciudinq the performance and observance
<br /> � uf all of the covenants and restrictions of: L-he Lassee there-
<br /> under.
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<br /> ,' Nothinn he'rein shall be c?eemed to restxi:ct. the absclute
<br /> ` righ't to dissolve, by ope'ratior. .f law or othertitise, the cor-
<br /> ' porate cxister�ce of TV Time E'oods, Inc. , the T1linois corporG-
<br /> tion, upon the transfer of all of its assets and 1YaBilities
<br /> to TV 'Pime Foods:, Inc. , the [�Furyl�,nd cor.poration, when such
<br /> cor�perrate reoraanization i� efiected as ��.�ove provided.
<br /> � �7stefl this ,':V�' day of October, 1976.
<br /> ;�;TTEST: ".'V '!'-I°R�, POODS, IhTC. ,
<br /> �n Illin�u�s corporgtiorfi`�
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