EX-10.(K)
from 10-K
1 page
Form of Agreement Executed by Each Officer and Director Attachment a Agreement the Undersigned Holder of Stock Options of Delchamps, Inc. ("Delchamps") Hereby Agrees as Indicated Below: Check One: X I Hereby Agree to the Cancellation of All Options to --- Purchase Common Stock of Delchamps Held by Me in Exchange for a Cash Payment as Described in the Memorandum Dated July 22, 1997 Provided to Me by Delchamps. I Hereby Agree to Exercise All Currently Exercisable Options --- To Purchase Common Stock of Delchamps Held by Me No Later Than August 1, 1997. to the Extent That I Fail to Exercise All Such Exercisable Options by August 1, 1997 and to the Extent That I Hold Options to Purchase Delchamps Common Stock That Are Not Currently Exercisable, I Agree to the Cancellation of All Options to Purchase Common Stock of Delchamps Held by Me in Exchange for a Cash Payment as Described in the Memorandum Dated July 22, 1997 Provided to Me by Delchamps. Date Name Signature * Return to Timothy Kullman No Later Than July 30, 1997 Agreed to and Accepted: Delchamps, Inc. By
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