EXHIBIT 10.3 ASSET PURCHASE AGREEMENTAsset Purchase Agreement • September 14th, 1999 • JPS Industries Inc • Broadwoven fabric mills, cotton • Delaware
ANDWarrant Agreement • January 30th, 1998 • JPS Textile Group Inc /De/ • Broadwoven fabric mills, cotton • New York
1 EXHIBIT 10.2 ASSET PURCHASE AGREEMENT Dated as of July 2, 1999Asset Purchase Agreement • September 14th, 1999 • JPS Industries Inc • Broadwoven fabric mills, cotton • Delaware
1 EXHIBIT 10.36 RECEIVABLES PURCHASE AGREEMENT RECEIVABLES PURCHASE AGREEMENT dated as of the 30th day of September, 1996 (this "Agreement") between THE BANK OF NEW YORK COMMERCIAL CORPORATION, a New York corporation ("Purchaser") and JPS ELASTOMERICS...Receivables Purchase Agreement • January 31st, 1997 • JPS Textile Group Inc /De/ • Broadwoven fabric mills, cotton • New York
July 31, 2001JPS Industries Inc • January 25th, 2002 • Broadwoven fabric mills, cotton
REVOLVING CREDIT AND SECURITY AGREEMENTCredit and Security Agreement • June 8th, 2001 • JPS Industries Inc • Broadwoven fabric mills, cotton • South Carolina
1 EXHIBIT 10.1Credit Agreement • June 6th, 1997 • JPS Textile Group Inc /De/ • Broadwoven fabric mills, cotton • New York
1 EXHIBIT 10.1Credit Agreement • September 16th, 1997 • JPS Textile Group Inc /De/ • Broadwoven fabric mills, cotton • New York
ARTICLE I DEFINITIONS...................................... 2 1.1 Defined Terms ............................................................. 2 1.2 Terms Defined Elsewhere in the Agreement .................................. 9 1.3 Other Definitional...Asset Purchase Agreement • February 16th, 1999 • JPS Textile Group Inc /De/ • Broadwoven fabric mills, cotton • Delaware
CONSENT AND FIFTH AMENDMENT TO CREDIT FACILITY AGREEMENTCredit Facility Agreement • January 26th, 2001 • JPS Industries Inc • Broadwoven fabric mills, cotton • New York
1 EXHIBIT 10.34 December 23, 1991 JPS Textile Group, Inc. Suite 312 555 North Pleasantburg Drive Greenville, South Carolina 29607 Gentlemen: This letter confirms my agreement with JPS Textile Group, Inc. (the "Company"), for good and valuable...JPS Textile Group Inc /De/ • January 31st, 1997 • Broadwoven fabric mills, cotton
ARTICLE II REPRESENTATIONS AND WARRANTIES OF THE SELLERSecurities Purchase Agreement • September 16th, 1997 • JPS Textile Group Inc /De/ • Broadwoven fabric mills, cotton • New York
1 EXHIBIT 10.38 FIRST AMENDMENT TO CREDIT FACILITY AGREEMENT THIS FIRST AMENDMENT TO CREDIT FACILITY AGREEMENT dated as of October 30, 1998 (this "FIRST AMENDMENT" is entered into among JPS Textile Group, Inc. (the "Company"), JPS Elastomerics Corp....Agreement • February 16th, 1999 • JPS Textile Group Inc /De/ • Broadwoven fabric mills, cotton • New York
Exhibit 10.3 STOCK OPTION AGREEMENT GRANTED TO: Michael L. Fulbright DATE OF GRANT: February 28, 1999 GRANTED PURSUANT TO: JPS Textile Group, Inc. 1997 Incentive and Capital Accumulation Plan NUMBER OF UNDERLYING SHARES OF COMMON STOCK: 500,000 Shares...Stock Option Agreement • March 4th, 1999 • JPS Textile Group Inc /De/ • Broadwoven fabric mills, cotton
1 EXHIBIT 10.31 REGISTRATION RIGHTS AGREEMENT, dated as of October 9, 1997, by and among JPS TEXTILE GROUP, INC., a Delaware corporation (the "Company"), and the other parties listed on the signature pages hereto (the "Initial Holders"). This...Registration Rights Agreement • January 30th, 1998 • JPS Textile Group Inc /De/ • Broadwoven fabric mills, cotton • New York
Exhibit 10.21 LEASE MODIFICATION AND EXTENSION AGREEMENT AGREEMENT made as of this 17th day of November, 1994, by and between 1185 AVENUE OF THE AMERICAS ASSOCIATES, a New York limited partnership, having an office at 60 East 42nd Street, New York,...Lease Modification and Extension Agreement • January 26th, 1996 • JPS Textile Group Inc /De/ • Broadwoven fabric mills, cotton
1 EXHIBIT 10.2 PURCHASE AND SALE AGREEMENT I. DATE AND PARTIES AGREEMENT, made and entered into as of this ___ day of August, 1997, by and between JPS Converter and Industrial Corp., a Delaware corporation, having its usual place of business at 555...Purchase and Sale Agreement • September 16th, 1997 • JPS Textile Group Inc /De/ • Broadwoven fabric mills, cotton • South Carolina
January 11, 1999 JPS Textile Group, Inc. 555 N. Pleasantburg Drive Suite 202 Greenville, South Carolina 29607 Ladies and Gentlemen: Reference is made to that certain Asset Purchase Agreement, dated as of January 11, 1999 (the "Agreement"), by and...JPS Textile Group Inc /De/ • February 16th, 1999 • Broadwoven fabric mills, cotton
Exhibit 10.1 LOAN AND NOTE MODIFICATION AGREEMENT This Loan and Note Modification Agreement ("AGREEMENT") is executed to be effective as of the 26th day of April, 2002, among JPS INDUSTRIES, INC. ("BORROWER"), JPS CONVERTER AND INDUSTRIAL CORP....Loan and Note Modification Agreement • May 31st, 2002 • JPS Industries Inc • Broadwoven fabric mills, cotton • South Carolina
1 Exhibit Number 10.53 JPS Converter & Industrial Corp. P.O. Box 208 Greenville, SC 29602-0208 Gentlemen: This letter confirms my agreement with JPS Converter & Industrial Corp. (the "Company"), for good and valuable consideration, the receipt and...JPS Industries Inc • January 28th, 2000 • Broadwoven fabric mills, cotton
WITNESSETH:JPS Industries Inc • January 28th, 2000 • Broadwoven fabric mills, cotton
Exhibit 10.2 JPS INDUSTRIES, INC. 555 North Pleasantburg Drive Suite 202 Greenville, S.C. 29807-2181 Phone: (864) 239-3916 Fax: (864) 271-9939 Michael L. Fulbright Chairman, President and Chief Executive Officer May 8, 2002 Mr. Charles R. Tutterow...JPS Industries Inc • May 31st, 2002 • Broadwoven fabric mills, cotton
EXHIBIT 99.1 ASSET TRANSFER AGREEMENT Dated as of November 16, 1995Asset Transfer Agreement • December 1st, 1995 • JPS Textile Group Inc /De/ • Broadwoven fabric mills, cotton • New York
September 11, 2003 Mr. Charles R. Tutterow Executive Vice President JPS Industries, Inc.JPS Industries Inc • September 16th, 2003 • Broadwoven fabric mills, cotton
AMONGCredit Facility Agreement • October 20th, 1997 • JPS Textile Group Inc /De/ • Broadwoven fabric mills, cotton • New York
JPS Industries, Inc. Greenville, South Carolina 29607 August 5, 2003JPS Industries Inc • January 30th, 2004 • Broadwoven fabric mills, cotton
We are writing with respect to that certain letter agreement between you and JPS Industries f/k/a JPS Textile Group, Inc. (the “Company”), dated as of February 28, 1999, as amended by that certain letter agreement between you and the Company, dated as of July 31, 2001 (collectively, the “Agreement”), pertaining to your employment by the Company. In accordance with our recent discussions, this letter/agreement amends the terms of your Agreement as follows (bolded text indicates modifications to existing Agreement):
September 11, 2003 Mr. Charles R. Tutterow Executive Vice President JPS Industries, Inc.JPS Industries Inc • September 16th, 2003 • Broadwoven fabric mills, cotton
Wachovia Bank, N.A.JPS Industries Inc • June 16th, 2003 • Broadwoven fabric mills, cotton
Reference is made to that certain Revolving Credit and Security Agreement dated as of May 9, 2001, and subsequent modifications, between JPS Industries, Inc. (the “Borrower”) and Wachovia Bank, National Association (the “Bank”). The Revolving Credit and Security Agreement and all other documents executed and delivered in connection therewith are collectively referred to herein as the “Loan Documents”. All capitalized terms used but not defined herein shall have the meanings assigned in the Loan Documents.
JPS INDUSTRIES, INC.JPS Industries Inc • January 30th, 2003 • Broadwoven fabric mills, cotton
INDEMNIFICATION AGREEMENTIndemnification Agreement • January 30th, 2003 • JPS Industries Inc • Broadwoven fabric mills, cotton • Delaware
This Indemnification Agreement (this “Agreement”), dated as of December 9, 2002, is made by and between JPS Industries, Inc., a Delaware corporation (the “Company”), and (“Indemnitee”).
January 27, 2004 Mr. Charles R. Tutterow Executive Vice President JPS Industries, Inc.JPS Industries Inc • January 30th, 2004 • Broadwoven fabric mills, cotton
RESTRICTED STOCK AWARD AGREEMENTRestricted Stock Award Agreement • June 15th, 2004 • JPS Industries Inc • Broadwoven fabric mills, cotton • Delaware
This Restricted Stock Award Agreement (the “Award Agreement”) is made and entered into as of March 29, 2004, between JPS Industries, Inc., a Delaware corporation (the “Company”), and Charles R. Tutterow (“Employee”). Capitalized terms not defined herein shall have the meanings ascribed thereto in that certain employment agreement between Employee and the Company, dated December 1, 2003 (the “Employment Agreement”).
First Union National Bank SC8467 Post Office Box 1329 Greenville, South Carolina 29602 [FIRST UNION LOGO] On April 1, 2002 First Union National Bank changed its name to Wachovia Bank, National Association. December 31, 2002 Mr. Charles R. Tutterow...JPS Industries Inc • January 30th, 2003 • Broadwoven fabric mills, cotton
FOR IMMEDIATE RELEASE --------------------- JPS TEXTILE GROUP REACHES AGREEMENT FOR RESTRUCTURING ----------------------------------------------------- -- BANK FACILITY EXTENDED FOR OPERATING SUBSIDIARIES -- -- BUSINESS TO CONTINUE AS USUAL --...JPS Textile Group Inc /De/ • May 22nd, 1997 • Broadwoven fabric mills, cotton
RESTRICTED STOCK AWARD AGREEMENTRestricted Stock Award Agreement • January 30th, 2004 • JPS Industries Inc • Broadwoven fabric mills, cotton • Delaware
This Restricted Stock Award Agreement (the “Award Agreement”) is made and entered into as of August 5, 2003, between JPS Industries, Inc., a Delaware corporation (the “Company”), and Michael L. Fulbright (“Employee”). Capitalized terms not defined herein shall have the meanings ascribed thereto in that certain letter agreement between Employee and the Company, dated February 28, 1999, as amended by letter agreement on July 31, 2001 and further amended by letter agreement on August 5, 2003 (the “Employment Agreement”).
