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2 similar Shareholders Agreement contracts by Reinhold Acquisition Corp., Reinhold Industries Inc/De/

SHAREHOLDERS AGREEMENT
Shareholders Agreement • November 9th, 2006 • Reinhold Acquisition Corp. • Aircraft parts & auxiliary equipment, nec • Delaware

This SHAREHOLDERS AGREEMENT (this “Agreement”) is made and entered into as of November 2, 2006 between Reinhold Acquisition Corp., a Delaware corporation (“Purchaser”), on the one hand, and the undersigned Shareholders (each a “Shareholder Party” and collectively the “Shareholder Parties”) of Reinhold Industries, Inc., a Delaware corporation (the “Company”), on the other hand. Capitalized terms used and not otherwise defined herein shall have the respective meanings set forth in the Merger Agreement described below.

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SHAREHOLDERS AGREEMENT
Shareholders Agreement • November 9th, 2006 • Reinhold Industries Inc/De/ • Aircraft parts & auxiliary equipment, nec • Delaware

This SHAREHOLDERS AGREEMENT (this ‘‘Agreement’’) is made and entered into as of November 2, 2006 between Reinhold Acquisition Corp., a Delaware corporation (‘‘Purchaser’’), on the one hand, and the undersigned Shareholders (each a ‘‘Shareholder Party’’ and collectively the ‘‘Shareholder Parties’’) of Reinhold Industries, Inc., a Delaware corporation (the ‘‘Company’’), on the other hand. Capitalized terms used and not otherwise defined herein shall have the respective meanings set forth in the Merger Agreement described below.

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