Wellco Enterprises Inc Sample Contracts

Wellco Enterprises Inc – Option Cancellation Acknowledgement (February 7th, 2007)

As you are aware, Wellco Enterprises, Inc. (the “Company” or “we”) has entered into a definitive agreement (the “Merger Agreement”) to be acquired (the “Transaction”) by Wasatch Boot Holdings, Inc. (“Holdings”). The Transaction will be consummated through a merger between the Company and a subsidiary of Holdings.

Wellco Enterprises Inc – STAY BONUS AGREEMENT (February 7th, 2007)

This Stay Bonus Agreement (this “Agreement”) is made as of February 6, 2007 by and between Wellco Enterprises, Inc., a North Carolina corporation (the “Company”), and Neil Streeter (“Executive”).

Wellco Enterprises Inc – Option Cancellation Acknowledgement (February 7th, 2007)

As you are aware, Wellco Enterprises, Inc. (the “Company” or “we”) has entered into a definitive agreement (the “Merger Agreement”) to be acquired (the “Transaction”) by Wasatch Boot Holdings, Inc. (“Holdings”). The Transaction will be consummated through a merger between the Company and a subsidiary of Holdings.

Wellco Enterprises Inc – Option Cancellation Acknowledgement (February 7th, 2007)

As you are aware, Wellco Enterprises, Inc. (the “Company” or “we”) has entered into a definitive agreement (the “Merger Agreement”) to be acquired (the “Transaction”) by Wasatch Boot Holdings, Inc. (“Holdings”). The Transaction will be consummated through a merger between the Company and a subsidiary of Holdings.

Wellco Enterprises Inc – STAY BONUS AGREEMENT (February 7th, 2007)

This Stay Bonus Agreement (this “Agreement”) is made as of February 6, 2007 by and between Wellco Enterprises, Inc., a North Carolina corporation (the “Company”), and Fred Webb (“Executive”).

Wellco Enterprises Inc – STAY BONUS AGREEMENT (February 7th, 2007)

This Stay Bonus Agreement (this “Agreement”) is made as of February 6, 2007 by and between Wellco Enterprises, Inc., a North Carolina corporation (the “Company”), and Lee Ferguson (“Executive”).

Wellco Enterprises Inc – Option Cancellation Acknowledgement (February 7th, 2007)

As you are aware, Wellco Enterprises, Inc. (the “Company” or “we”) has entered into a definitive agreement (the “Merger Agreement”) to be acquired (the “Transaction”) by Wasatch Boot Holdings, Inc. (“Holdings”). The Transaction will be consummated through a merger between the Company and a subsidiary of Holdings.

Wellco Enterprises Inc – STAY BONUS AGREEMENT (February 7th, 2007)

This Stay Bonus Agreement (this “Agreement”) is made as of February 6, 2007 by and between Wellco Enterprises, Inc., a North Carolina corporation (the “Company”), and Tammy Francis (“Executive”).

Wellco Enterprises Inc – STAY BONUS AGREEMENT (February 7th, 2007)

This Stay Bonus Agreement (this “Agreement”) is made as of February 6, 2007 by and between Wellco Enterprises, Inc., a North Carolina corporation (the “Company”), and Fred Webb (“Executive”).

Wellco Enterprises Inc – STAY BONUS AGREEMENT (February 7th, 2007)

This Stay Bonus Agreement (this “Agreement”) is made as of February 6, 2007 by and between Wellco Enterprises, Inc., a North Carolina corporation (the “Company”), and Tammy Francis (“Executive”).

Wellco Enterprises Inc – STAY BONUS AGREEMENT (February 7th, 2007)

This Stay Bonus Agreement (this “Agreement”) is made as of February 6, 2007 by and between Wellco Enterprises, Inc., a North Carolina corporation (the “Company”), and Neil Streeter (“Executive”).

Wellco Enterprises Inc – STAY BONUS AGREEMENT (February 7th, 2007)

This Stay Bonus Agreement (this “Agreement”) is made as of February 6, 2007 by and between Wellco Enterprises, Inc., a North Carolina corporation (the “Company”), and Lee Ferguson (“Executive”).

Wellco Enterprises Inc – AGREEMENT AND PLAN OF MERGER dated as of February 6, 2007 by and among WELLCO ENTERPRISES, INC., WASATCH MERGER SUB, INC. and WASATCH BOOT HOLDINGS, INC. (February 7th, 2007)

THIS AGREEMENT AND PLAN OF MERGER (this “Agreement”), dated as of February 6, 2007, is entered into by and among Wellco Enterprises, Inc., a North Carolina corporation (the “Company”), Wasatch Merger Sub, Inc., a North Carolina corporation (the “Merger Sub”) and Wasatch Boot Holdings, Inc., a Delaware corporation (“Parent”). Merger Sub is a wholly owned direct or indirect subsidiary of Parent.

Wellco Enterprises Inc – STOCK REPURCHASE AGREEMENT (January 22nd, 1996)

EXHIBIT 10 STATE OF NORTH CAROLINA COUNTY OF HAYWOOD STOCK REPURCHASE AGREEMENT THIS STOCK REPURCHASE AGREEMENT is made and entered into this 29th day of December, 1995, by and between WELLCO ENTERPRISES, INC., a North Carolina corporation with its principal office and place of business at 150 Westwood Circle, Waynesville, North Carolina, and hereinafter referred to as the "Company"; and CLYDE Wm. ENGLE, hereinafter referred to individually as "Engle"; and the undersigned corporate signators to this Agreement, hereinafter referred to collectively as "The Coronet Group". W I T N E S S E T H : WHEREAS, The Coronet Group are stockholders of the Company and as of the date of this Agreement collectively beneficially own a total of 535,424 shares of the Company's presently outstanding 884,806 shares of common stock; and WHEREAS, the Company is authorized

Wellco Enterprises Inc – STOCK REPURCHASE AGREEMENT (January 8th, 1996)

EXHIBIT 10 STATE OF NORTH CAROLINA COUNTY OF HAYWOOD STOCK REPURCHASE AGREEMENT THIS STOCK REPURCHASE AGREEMENT is made and entered into this 29th day of December, 1995, by and between WELLCO ENTERPRISES, INC., a North Carolina corporation with its principal office and place of business at 150 Westwood Circle, Waynesville, North Carolina, and hereinafter referred to as the "Company"; and CLYDE Wm. ENGLE, hereinafter referred to individually as "Engle"; and the undersigned corporate signators to this Agreement, hereinafter referred to collectively as "The Coronet Group". W I T N E S S E T H : WHEREAS, The Coronet Group are stockholders of the Company and as of the date of this Agreement collectively beneficially own a total of 535,424 shares of the Company's presently outstanding 884,806 shares of common stock; and WHEREAS, the Company is authorized t