0001047469-09-000858 Sample Contracts

SEVERANCE AND NON-COMPETITION AGREEMENT
Severance and Non-Competition Agreement • February 9th, 2009 • Quixote Corp • Plastics products, nec • Illinois

THIS SEVERANCE AND NON-COMPETITION AGREEMENT, dated as of February 3, 2009 (the “Agreement”), is by and between Quixote Corporation, a Delaware corporation having its principal offices at 35 East Wacker Drive, Chicago, IL 60601 (“Quixote”), and Bruce Reimer, an Executive of the Company (“Executive”).

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CHANGE OF CONTROL AGREEMENT
Change of Control Agreement • February 9th, 2009 • Quixote Corp • Plastics products, nec • Illinois

THIS CHANGE OF CONTROL AGREEMENT, dated as of February 3, 2009 (the “Agreement”), is by and between Quixote Corporation, a Delaware corporation having its principal offices at 35 East Wacker Drive, Chicago, IL 60601 (the “Company”), and Bruce Reimer, an Executive of the Company (“Executive”).

WAIVER, FIFTH AMENDMENT TO AMENDED AND RESTATED CREDIT AGREEMENT AND REAFFIRMATION OF GUARANTIES
Credit Agreement • February 9th, 2009 • Quixote Corp • Plastics products, nec • Illinois

THIS WAIVER, FIFTH AMENDMENT TO AMENDED AND RESTATED CREDIT AGREEMENT AND REAFFIRMATION OF GUARANTIES, dated as of February 9, 2009 (this “Fifth Amendment”), is entered into by and between Quixote Corporation, a Delaware corporation (the “Borrower”), whose address is 35 East Wacker Drive, Chicago, Illinois 60601, and Quixote Transportation Safety, Inc., Transafe Corporation, Energy Absorption Systems, Inc., Energy Absorption Systems (AL) LLC, Surface Systems, Inc., Nu-Metrics, Inc., and Highway Information Systems, Inc., as Subsidiary Guarantors, (each being referred to herein as a “Guarantor” and collectively referred to herein as the “Guarantors”), and Bank of America, N.A., as successor by merger to LaSalle Bank National Association, a national banking association (the “Lender”), whose address is 135 South LaSalle Street, Chicago, Illinois 60603.

RETIREMENT AGREEMENT AND GENERAL RELEASE
Retirement Agreement and General Release • February 9th, 2009 • Quixote Corp • Plastics products, nec • Delaware

This Retirement Agreement and General Release (“Agreement”) is entered into by and between Leslie J. Jezuit (“Jezuit”), an individual, and Quixote Corporation (“Quixote”), a Delaware corporation with its principal place of business in Chicago, Illinois.

LEASE
Lease • February 9th, 2009 • Quixote Corp • Plastics products, nec

THIS LEASE (the “Lease”) is executed this 19th day of November, 2008, by and between SLP I, LLC, SLP II, LLC, and SLP III, LLC, Delaware limited liability companies (“Landlord”), and Surface Systems, Inc., a Missouri corporation (“Tenant”).

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