THE KROGER CO.

                         AND THE GUARANTORS NAMED HEREIN

                                       TO

                               FIRSTAR BANK, N.A.

                                     Trustee





                                   ----------



                         Eleventh Supplemental Indenture

                            Dated as of May 11, 2001

                                       TO

                                    INDENTURE

                            Dated as of June 25, 1999

                                   ----------







                           7.50% SENIOR NOTES DUE 2031







================================================================================









{PAGE}   2





{TABLE}

{CAPTION}

                                TABLE OF CONTENTS



{S}                                                                                                   {C}

ARTICLE ONE  DEFINITIONS ................................................................................2



Section 101. Definitions.................................................................................2



ARTICLE TWO  SECURITY FORMS                                                                              6



Section 201. Form of Securities of this Series...........................................................6

Section 202. Form of Face of Security....................................................................6

Section 203. Form of Reverse of Security.................................................................8

Section 204. Form of Guarantee..........................................................................11



ARTICLE THREE  THE SERIES OF SECURITIES                                                                 16



Section 301.  Title and Terms...........................................................................16



ARTICLE FOUR  MODIFICATIONS AND ADDITIONS TO THE INDENTURE                                              17



Section 401. Modifications to the Consolidation, Merger, Conveyance, Transfer or Lease Provisions.......17

Section 402. Other Modifications........................................................................18

Section 403. Additional Covenants; Defeasance and Covenant Defeasance...................................19

Section 404. Redemption of Securities...................................................................27



ARTICLE FIVE  GUARANTEE                                                                                 27



Section 501. Guarantee..................................................................................27

Section 502. Waiver of Demand...........................................................................28

Section 503. Guarantee of Payment.......................................................................28

Section 504. No Discharge or Diminishment of Guarantee..................................................28

Section 505. Defenses of Company Waived.................................................................29

Section 506. Continued Effectiveness....................................................................29

Section 507. Subrogation................................................................................29

Section 508. Information................................................................................30

Section 509. Subordination..............................................................................30

Section 510. Termination................................................................................30

Section 511. Guarantees of other Indebtedness...........................................................31

Section 512. Additional Guarantors......................................................................31

Section 513. Limitation of Guarantor's Liability........................................................31

Section 514. Contribution from Other Guarantors.........................................................31

Section 515. No Obligation to Take Action Against the Company...........................................32

{/TABLE}





                                     - i -



{PAGE}   3



{TABLE}

{CAPTION}

                                                                                                      Page

                                                                                                      ----



{S}                                                                                                   {C}

Section 516. Dealing with the Company and Others........................................................32

Section 517. Execution and Delivery of the Guarantee....................................................32



ARTICLE SIX  MISCELLANEOUS                                                                              33



Section 601. Miscellaneous..............................................................................33

{/TABLE}























                                     - ii -



{PAGE}   4





                  ELEVENTH SUPPLEMENTAL INDENTURE, dated as of May 11, 2001,

between The Kroger Co., a corporation duly organized and existing under the laws

of the State of Ohio (herein called the "Company"), having its principal office

at 1014 Vine Street, Cincinnati, Ohio 45202, the Guarantors listed on the

signature pages and Schedule I hereto (each, a "Guarantor") and Firstar Bank,

N.A., a banking corporation duly organized and existing under the laws of the

State of Ohio, as Trustee (herein called the "Trustee").



                             RECITALS OF THE COMPANY



                  The Company has heretofore executed and delivered to the

Trustee an Indenture dated as of June 25, 1999 (the "Indenture"), between the

Company, the Guarantors and Firstar Bank, N.A., as Trustee, as supplemented by

the First Supplemental Indenture dated June 25, 1999, the Second Supplemental

Indenture dated June 25, 1999, the Third Supplemental Indenture dated June 25,

1999, the Fourth Supplemental Indenture dated September 22, 1999, the Fifth

Supplemental Indenture dated September 22, 1999, the Sixth Supplemental

Indenture dated September 22, 1999, the Seventh Supplemental Indenture dated

February 11, 2000, the Eighth Supplemental Indenture dated February 11, 2000,

the Ninth Supplemental Indenture dated August 21, 2000 and the Tenth

Supplemental Indenture dated May 11, 2001, providing for the issuance from time

to time of the Company's unsecured debentures, notes or other evidences of

indebtedness (herein and therein called the "Securities"), to be issued in one

or more series as in the Indenture provided.



                  Section 201 of the Indenture permits the form of the

Securities of any series to be established pursuant to an indenture supplemental

to the Indenture.



                  Section 301 of the Indenture permits the terms of the

Securities of any series to be established in an indenture supplemental to the

Indenture.



                  Section 901(7) of the Indenture provides that, without the

consent of any Holders, the Company, when authorized by a Board Resolution, and

the Trustee, at any time and from time to time, may enter into one or more

indentures supplemental to the Indenture for the purpose of establishing the

form or terms of Securities of any series as permitted by Sections 201 and 301

of the Indenture.



                  Each of the Guarantors has duly authorized the issuance of a

guarantee of the Securities, as set forth herein, and to provide therefor, each

of the Guarantors has duly authorized the execution and delivery of this

Eleventh Supplemental Indenture.



                  The Company and the Guarantors, pursuant to the foregoing

authority, propose in and by this Eleventh Supplemental Indenture to establish

the terms and form of the Securities of a new series and to amend and supplement

the Indenture in certain respects with respect to the Securities of such series.





{PAGE}   5



                  All things necessary to make this Eleventh Supplemental

Indenture a valid agreement of the Company and the Guarantors, and a valid

amendment of and supplement to the Indenture, have been done.



                  NOW, THEREFORE, THIS ELEVENTH Supplemental Indenture

WITNESSETH:



                  For and in consideration of the premises and the purchase of

the Securities by the Holders thereof, it is mutually agreed, for the equal and

proportionate benefit of all Holders of the Securities of the series to be

created hereby, as follows:



                                   ARTICLE ONE



                                   DEFINITIONS



Section 101. Definitions.



                  (a) For all purposes of this Eleventh Supplemental Indenture:



                           (1) Capitalized terms used herein without definition

                  shall have the meanings specified in the Indenture;



                           (2) All references herein to Articles and Sections,

                  unless otherwise specified, refer to the corresponding

                  Articles and Sections of this Eleventh Supplemental Indenture

                  and, where so specified, to the Articles and Sections of the

                  Indenture as supplemented by this Eleventh Supplemental

                  Indenture; and



                           (3) The terms "hereof", "herein", "hereby", "hereto",

                  "hereunder" and "herewith" refer to this Eleventh Supplemental

                  Indenture.



                  (b) For all purposes of the Indenture and this Eleventh

Supplemental Indenture, with respect to the Securities of the series created

hereby, except as otherwise expressly provided or unless the context otherwise

requires:



                           "Adjusted Treasury Rate" means, with respect to any

                  Redemption Date, the rate per annum equal to the semi-annual

                  equivalent yield to maturity of the Comparable Treasury Issue,

                  assuming a price for the Comparable Treasury Issue (expressed

                  as a percentage of its principal amount) equal to the

                  Comparable Treasury Price for such Redemption Date.



                           "Attributable Debt" means, in connection with a Sale

                  and Lease-Back Transaction, as of any particular time, the

                  aggregate of present values (discounted at a rate per annum

                  equal to the interest

Home        Intelligence        Services        Subscriptions        News        About Us

Contact Us       Terms of Use       Resend Documents       Shopping Cart

Copyright © 2008 The Consus Group LLC