FORBEARANCE AGREEMENTForbearance Agreement • February 8th, 2008 • Home Solutions of America Inc • Services-management services • Texas
FORBEARANCE AGREEMENT, dated as of February 6, 2008 (this “Agreement”), among (a) Home Solutions of America, Inc., a Delaware corporation (the “Borrower”), (b) each of the lenders party hereto (individually, together with its successors and assigns, a “Lender” and collectively, the “Lenders”), (c) each of the Debtors set forth in the Pledge and Security Agreement dated as of November 1, 2006 (collectively, the “Debtors” or each, a “Debtor”), (d) the Guarantors (as such term is defined in the Credit Agreement) (collectively, with the Debtors and the Borrower, the “Credit Parties” and each, individually, a “Credit Party”) and (e) Texas Capital Bank, National Association, as Lender, Administrative Agent, Arranger and Sole Bookrunner (the “Agent”).
SETTLEMENT AGREEMENT AND MUTUAL GENERAL RELEASESettlement Agreement and Mutual General Release • February 8th, 2008 • Home Solutions of America Inc • Services-management services • Florida
This Settlement Agreement And Mutual General Release (“Settlement Agreement”) is entered into among the Florida Insurance Guaranty Association, Inc. (“FIGA”), the Vista Royale Association, Inc. (“Vista Royale”), Fireline Restoration, Inc. (“Fireline”), and Home Solutions of America, Inc. (“Home Solutions”). FIGA, Vista Royale, Fireline, and Home Solutions are hereinafter sometimes singularly and interchangeably referred to as the “Party,” and collectively referred to as the “Parties”. This Settlement Agreement shall become effective as of the date last executed by the Parties (“Effective Date”).
