SUPERVALU INC. (NYSE:SVU) Files An 8-K Entry into a Material Definitive AgreementItem 1.01 Entry Into a Material Definitive Agreement.
On June 7, 2018, the Board of Directors of SUPERVALU INC. (the “Company”) approved a form of indemnification agreement to be entered into with each of its directors and officers (the “Indemnification Agreement”). to the Indemnification Agreement, the Company contractually obligates itself to indemnify, and to advance expenses on behalf of, its directors and officers to the fullest extent permitted by applicable law.
The foregoing description of the Indemnification Agreement does not purport to be complete, and is qualified in its entirety by reference to the full text of the form of the Indemnification Agreement, which is filed as Exhibit 10.1 and incorporated herein by reference.
Item 9.01Financial Statements and Exhibits.
The historical consolidated financial statements of Associated Grocers of Florida, Inc. (“AG Florida”) and the unaudited pro forma financial information are filed herewith for the purpose of incorporating them into subsequent registration statements.
(a) Financial Statements of Business Acquired.
The unaudited consolidated financial statements of AG Florida for the first quarter (16 weeks) ended November 18, 2017 and November 19, 2016 are filed as Exhibit 99.1 and incorporated herein by reference.
(b) Pro Forma Financial Information.
The unaudited pro forma condensed combined financial statement for the fiscal year (52 weeks) ended February 24, 2018, and the notes to such unaudited pro forma condensed combined financial statement, all giving effect to the acquisition of Unified Grocers, Inc. and AG Florida, are filed as Exhibit 99.2 and incorporated herein by reference.
(d)Exhibits.
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Exhibit Number |
Description |
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Form of Indemnification Agreement with directors and officers |
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Unaudited consolidated financial statements of Associated Grocers of Florida, Inc. for the first quarter (16 weeks) ended November 18, 2017 and November 19, 2016 |
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Unaudited pro forma condensed combined financial statement for the fiscal year (52 weeks) ended February 24, 2018 |
SUPERVALU INC ExhibitEX-10.1 2 indemnificationagreement-e.htm EX 10.1 Exhibit Exhibit 10.1INDEMNIFICATION AGREEMENTTHIS INDEMNIFICATION AGREEMENT (the “Agreement”) is made and entered into as of [___________],…To view the full exhibit click here
About SUPERVALU INC. (NYSE:SVU)
Supervalu Inc. is a wholesale distributor to independent retail customers across the United States. The Company’s segments include Wholesale and Retail. The Company offers a range of advertised brand name and private-label products, including grocery (both perishable and nonperishable), general merchandise and home, health and beauty care, and pharmacy, which are sold through Company-operated and licensed Retail stores to shoppers and through its Wholesale segment to independent retail customers. The Company’s Wholesale segment provides wholesale distribution of products to independent retail customers. Wholesale is organized and operated through two geographic regions: East and West. As of February 27, 2016, the Company conducted its Retail operations through a total of 200 stores primarily organized under five regionally-based retail banners of Cub Foods, Shoppers Food & Pharmacy, Shop ‘n Save, Farm Fresh and Hornbacher’s, as well as two Rainbow and two County Market stores.
